IAT REINSURANCE CO LTD. Diversified Active

Location: New York, NY

CIK: 0001633625 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 14, 2026

Total Value ($000): $309,610 (100.0% shares, 0.0% debt)

Holdings (67)

New Positions (4)

UBER UBER TECHNOLOGIES, INC 0.2%

Value ($000) $755 Shares 10,500 Est. Cost $78.72 Unrealized 0.0%

— FIFTH THIRD BANCORP-CALLABLE 0.2%

Value ($000) $523 Shares 20,000 Est. Cost $26.15 Unrealized —

— RIGHTS PRESURANCE HOLD-CONIFER 0.0%

Value ($000) $127 Shares 250,000 Est. Cost $0.51 Unrealized —

MYMX MYMETICS CORP 0.0%

Value ($000) $0 Shares 175 Est. Cost $0.00 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UBER	UBER TECHNOLOGIES, INC	10,500	$755	0.2%	$78.72	0.0%	Com	90353T100
—	FIFTH THIRD BANCORP-CALLABLE	20,000	$523	0.2%	$26.15	—	Pref	316773837
—	RIGHTS PRESURANCE HOLD-CONIFER	250,000	$127	0.0%	$0.51	—	Com	207RGT036
MYMX	MYMETICS CORP	175	$0	0.0%	$0.00	0.0%	Com	62856A300

Increased Positions (2)

— XCEL ENERGY INC-CALLABLE 1.6%

Value ($000) $4,940 (+146.8%) Shares 200,000 (+150.0%) Est. Cost $24.83 Unrealized —

— WINTRUST FINANCIAL CORP-CALL 2.0%

Value ($000) $6,202 (+8.2%) Shares 240,000 (+9.1%) Est. Cost $25.72 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	XCEL ENERGY INC-CALLABLE	200,000 (+150.0%)	$4,940 (+146.8%)	1.6%	$24.83	—	Pref	98389B878
—	WINTRUST FINANCIAL CORP-CALL	240,000 (+9.1%)	$6,202 (+8.2%)	2.0%	$25.72	—	Pref	97650W702

Exited Positions (8)

GS GOLDMAN SACHS GROUP INC 6.0%

Value ($000) $18,503 Shares 21,050 Est. Cost $226.28 Unrealized +312.1%

— COMERICA INC-CALLABLE 0.2%

Value ($000) $523 Shares 20,000 Est. Cost $25.23 Unrealized —

PRHI CONIFER HOLDINGS INC 0.1%

Value ($000) $178 Shares 250,000 Est. Cost $2.99 Unrealized -76.6%

— LADENBURG THALMAN FIN SVCS INC 0.0%

Value ($000) $113 Shares 5,000 Est. Cost $24.64 Unrealized —

BLIAQ BB LIQUIDATING INC - CLASS A 0.0%

Value ($000) $1 Shares 54,211 Est. Cost $0.00 Unrealized +149.4%

BLIBQ BB LIQUIDATING INC - CLASS B 0.0%

Value ($000) $0 Shares 54,211 Est. Cost $0.00 Unrealized -79.2%

CDVIQ CAL DIVE INTERNATIONAL INC 0.0%

Value ($000) $0 Shares 500,000 Est. Cost $0.00 Unrealized +900.0%

— ROOMSTORE INC - CMN 0.0%

Value ($000) $0 Shares 43,661 Est. Cost $0.00 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GS	GOLDMAN SACHS GROUP INC	21,050	$18,503	6.0%	$226.28	+312.1%	—	38141G104
—	COMERICA INC-CALLABLE	20,000	$523	0.2%	$25.23	—	—	200340701
PRHI	CONIFER HOLDINGS INC	250,000	$178	0.1%	$2.99	-76.6%	—	20731J102
—	LADENBURG THALMAN FIN SVCS INC	5,000	$113	0.0%	$24.64	—	—	50575Q300
BLIAQ	BB LIQUIDATING INC - CLASS A	54,211	$1	0.0%	$0.00	+149.4%	—	05532D107
BLIBQ	BB LIQUIDATING INC - CLASS B	54,211	$0	0.0%	$0.00	-79.2%	—	05532D206
CDVIQ	CAL DIVE INTERNATIONAL INC	500,000	$0	0.0%	$0.00	+900.0%	—	12802T101
—	ROOMSTORE INC - CMN	43,661	$0	0.0%	$0.00	—	—	77638R108

Unchanged Positions (61)

GLW CORNING INC 3.0%

Value ($000) $9,411 Shares 368,350 Est. Cost $33.25 Unrealized +235.9%

MERC MERCER INTERNATIONAL INC SBI 7.9%

Value ($000) $24,452 Shares 17,220,000 Est. Cost $5.88 Unrealized -63.5%

NTPIF NAM TAI PROPERTY INC 9.7%

Value ($000) $29,913 Shares 5,774,800 Est. Cost $6.56 Unrealized -25.1%

— NAM TAI G63907-10-2 PRIVATE 8.9%

Value ($000) $27,643 Shares 5,336,452 Est. Cost $5.50 Unrealized —

XOM EXXON MOBIL CORP 4.4%

Value ($000) $13,505 Shares 79,600 Est. Cost $44.77 Unrealized +209.9%

HLIO HELIOS TECHNOLOGIES INC 6.3%

Value ($000) $19,413 Shares 300,000 Est. Cost $46.71 Unrealized +43.9%

SRL SCULLY ROYALTY LTD 8.6%

Value ($000) $26,718 Shares 3,416,664 Est. Cost $9.79 Unrealized -10.9%

AMGN AMGEN INC 10.5%

Value ($000) $32,546 Shares 92,500 Est. Cost $122.75 Unrealized +184.9%

GEV GE VERNOVA INC 1.1%

Value ($000) $3,300 Shares 3,780 Est. Cost $158.10 Unrealized +366.1%

— B RILEY FINANCIAL INC - CALLABLE 0.8%

Value ($000) $2,345 Shares 140,000 Est. Cost $25.11 Unrealized —

— KKR & CO INC 1.3%

Value ($000) $4,133 Shares 180,000 Est. Cost $25.51 Unrealized —

MTN VAIL RESORTS INC. 3.5%

Value ($000) $10,779 Shares 84,000 Est. Cost $130.62 Unrealized +5.5%

GE GENERAL ELECTRIC CO 1.4%

Value ($000) $4,292 Shares 15,125 Est. Cost $62.95 Unrealized +405.5%

AMD ADVANCED MICRO DEVICES INC 2.2%

Value ($000) $6,904 Shares 33,936 Est. Cost $119.38 Unrealized +85.7%

TEL TE CONNECTIVITY COM 0.8%

Value ($000) $2,613 Shares 12,500 Est. Cost $146.90 Unrealized +56.5%

— F&G ANNUITIES & LIFE INC - CALLABL 0.8%

Value ($000) $2,416 Shares 120,000 Est. Cost $24.60 Unrealized —

SPB SPECTRUM BRANDS HOLDINGS INC 0.3%

Value ($000) $943 Shares 12,799 Est. Cost $56.67 Unrealized +21.8%

— DELPHI FINANCIAL GROUP - CALLABLE 2.5%

Value ($000) $7,891 Shares 328,790 Est. Cost $19.89 Unrealized —

— AFFILIATED MANAGERS GROUP INC-CALL 0.6%

Value ($000) $1,800 Shares 80,000 Est. Cost $12.77 Unrealized —

JCI JOHNSON CTLS INTL PLC 0.5%

Value ($000) $1,563 Shares 11,937 Est. Cost $33.21 Unrealized +279.6%

AHL 7 PERP ASPEN INSURANCE HOLDINGS-CALL 0.6%

Value ($000) $1,858 Shares 80,000 Est. Cost $25.39 Unrealized —

— HUDSON PACIFIC PROPERTIES INC-CALL 0.2%

Value ($000) $727 Shares 55,000 Est. Cost $25.98 Unrealized —

— TENNESSEE VALLEY AUTHORITY 2.0%

Value ($000) $6,258 Shares 260,000 Est. Cost $22.13 Unrealized —

— WESBANCO INC - CALLABLE 1.1%

Value ($000) $3,257 Shares 130,000 Est. Cost $25.38 Unrealized —

TRTN 7.625 PERP TRITON INTL LTD-CALLABLE 0.6%

Value ($000) $1,954 Shares 80,000 Est. Cost $25.15 Unrealized —

— GLOBE LIFE INC - CALLABLE 0.2%

Value ($000) $769 Shares 50,000 Est. Cost $16.39 Unrealized —

— TANSCANADA PIPELINE STR 0.6%

Value ($000) $1,889 Shares 80,000 Est. Cost $24.49 Unrealized —

— NEWTEKONE INC-CALLABLE 0.6%

Value ($000) $1,913 Shares 80,000 Est. Cost $24.12 Unrealized —

— OFFICE PPTYS INCOME TR 0.0%

Value ($000) $10 Shares 40,000 Est. Cost $25.05 Unrealized —

— OXFORD LANE CAP CORP 0.8%

Value ($000) $2,464 Shares 100,000 Est. Cost $24.63 Unrealized —

GEHC GE HEALTHCARE TECHNOLOGIES INC 0.1%

Value ($000) $359 Shares 5,040 Est. Cost $71.08 Unrealized +15.7%

— TENNESSEE VALLEY AUTHORITY PARRS 0.9%

Value ($000) $2,938 Shares 120,000 Est. Cost $21.98 Unrealized —

— ALGONQUIN POWER & UTILITIES CORP 1.7%

Value ($000) $5,160 Shares 200,000 Est. Cost $25.20 Unrealized —

— US BANCORP -CALLABLE 0.3%

Value ($000) $1,041 Shares 60,000 Est. Cost $18.32 Unrealized —

PHIG PHI GROUP INC 0.4%

Value ($000) $1,223 Shares 39,712 Est. Cost $1.01 Unrealized +2735.3%

— AMERICAN FINL GROUP INC OHIO-CALL 0.3%

Value ($000) $902 Shares 50,000 Est. Cost $19.87 Unrealized —

— AXIS CAPITAL HOLDINGS-CALLABLE 0.4%

Value ($000) $1,357 Shares 70,000 Est. Cost $25.35 Unrealized —

— READY CAPITAL CORP 0.1%

Value ($000) $379 Shares 20,000 Est. Cost $25.11 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL CL A 0.2%

Value ($000) $718 Shares 1 Est. Cost $219080.23 Unrealized +237.9%

— OXFORD LANE CAP CORP 0.7%

Value ($000) $2,018 Shares 80,000 Est. Cost $25.00 Unrealized —

— BANK OZK 0.3%

Value ($000) $964 Shares 60,000 Est. Cost $25.22 Unrealized —

— EAGLE POINT CREDIT CO-CALLABLE 0.9%

Value ($000) $2,812 Shares 120,000 Est. Cost $23.97 Unrealized —

ABBV ABBVIE INC 0.1%

Value ($000) $424 Shares 1,948 Est. Cost $70.50 Unrealized +215.7%

— AMERICAN FINANCIAL GR INC OH-CALL 0.2%

Value ($000) $487 Shares 30,000 Est. Cost $18.79 Unrealized —

PRE 4.875 PERP J PARTNERRE LTD - CALLABLE 0.7%

Value ($000) $2,033 Shares 120,000 Est. Cost $17.34 Unrealized —

— BROOKFIELD BRP HLDGS INC-CALLABLE 0.2%

Value ($000) $484 Shares 20,000 Est. Cost $25.01 Unrealized —

— PROSPECT CAP CORP 0.2%

Value ($000) $480 Shares 30,000 Est. Cost $23.36 Unrealized —

— SVB FINL TR 0.0%

Value ($000) $4 Shares 240,000 Est. Cost $0.01 Unrealized —

— COREBRIDGE FINL INC-CALLABLE 0.6%

Value ($000) $1,838 Shares 80,000 Est. Cost $25.40 Unrealized —

— RAMCO RES INC-CALLABLE 0.6%

Value ($000) $2,012 Shares 80,000 Est. Cost $25.65 Unrealized —

— CUSTOMERS BANCORP INC 0.3%

Value ($000) $900 Shares 40,000 Est. Cost $25.30 Unrealized —

— SCE TR VIII-CALLABLE 0.2%

Value ($000) $474 Shares 20,000 Est. Cost $25.84 Unrealized —

— SLM CORP PFD SERIES B 0.1%

Value ($000) $334 Shares 4,500 Est. Cost $52.67 Unrealized —

PG PROCTER & GAMBLE CO 0.3%

Value ($000) $823 Shares 5,700 Est. Cost $70.43 Unrealized +115.5%

— ATLANTICUS HOLDINS CORP - CALL 0.2%

Value ($000) $500 Shares 20,000 Est. Cost $25.56 Unrealized —

ADNT ADIENT LTD 0.0%

Value ($000) $24 Shares 1,193 Est. Cost $50.50 Unrealized -54.6%

CBL CBL & ASSOC PPTYS INC 0.0%

Value ($000) $25 Shares 658 Est. Cost $31.91 Unrealized —

— ARCH CAPITAL GROUP LTD 0.2%

Value ($000) $663 Shares 40,000 Est. Cost $16.60 Unrealized —

KALU KAISER ALUM CORP DEPOSITARY S CMN 0.0%

Value ($000) $8 Shares 70 Est. Cost $51.13 Unrealized +154.2%

— ARGONAUT GROUP STATUTORY TR - CALL 3.9%

Value ($000) $12,000 Shares 12,000 Est. Cost $1000.00 Unrealized —

CRSXQ CORSA COAL CORP 0.0%

Value ($000) $0 Shares 2,226,000 Est. Cost $0.90 Unrealized -83.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLW	CORNING INC	368,350	$9,411	3.0%	$33.25	+235.9%	Com	219350105
MERC	MERCER INTERNATIONAL INC SBI	17,220,000	$24,452	7.9%	$5.88	-63.5%	Com	588056101
NTPIF	NAM TAI PROPERTY INC	5,774,800	$29,913	9.7%	$6.56	-25.1%	Com	G63907102
—	NAM TAI G63907-10-2 PRIVATE	5,336,452	$27,643	8.9%	$5.50	—	Com	G63907PP1
XOM	EXXON MOBIL CORP	79,600	$13,505	4.4%	$44.77	+209.9%	Com	30231G102
HLIO	HELIOS TECHNOLOGIES INC	300,000	$19,413	6.3%	$46.71	+43.9%	Com	42328H109
SRL	SCULLY ROYALTY LTD	3,416,664	$26,718	8.6%	$9.79	-10.9%	Com	G7T96K107
AMGN	AMGEN INC	92,500	$32,546	10.5%	$122.75	+184.9%	Com	031162100
GEV	GE VERNOVA INC	3,780	$3,300	1.1%	$158.10	+366.1%	Com	36828A101
—	B RILEY FINANCIAL INC - CALLABLE	140,000	$2,345	0.8%	$25.11	—	Pref	05580M819
—	KKR & CO INC	180,000	$4,133	1.3%	$25.51	—	Pref	48251W609
MTN	VAIL RESORTS INC.	84,000	$10,779	3.5%	$130.62	+5.5%	Com	91879Q109
GE	GENERAL ELECTRIC CO	15,125	$4,292	1.4%	$62.95	+405.5%	Com	369604301
AMD	ADVANCED MICRO DEVICES INC	33,936	$6,904	2.2%	$119.38	+85.7%	Com	007903107
TEL	TE CONNECTIVITY COM	12,500	$2,613	0.8%	$146.90	+56.5%	Com	G87052109
—	F&G ANNUITIES & LIFE INC - CALLABL	120,000	$2,416	0.8%	$24.60	—	Pref	30190A609
SPB	SPECTRUM BRANDS HOLDINGS INC	12,799	$943	0.3%	$56.67	+21.8%	Com	84790A105
—	DELPHI FINANCIAL GROUP - CALLABLE	328,790	$7,891	2.5%	$19.89	—	Pref	247131303
—	AFFILIATED MANAGERS GROUP INC-CALL	80,000	$1,800	0.6%	$12.77	—	Pref	008252827
JCI	JOHNSON CTLS INTL PLC	11,937	$1,563	0.5%	$33.21	+279.6%	Com	G51502105
AHL 7 PERP	ASPEN INSURANCE HOLDINGS-CALL	80,000	$1,858	0.6%	$25.39	—	Pref	G05384170
—	HUDSON PACIFIC PROPERTIES INC-CALL	55,000	$727	0.2%	$25.98	—	Pref	444097307
—	TENNESSEE VALLEY AUTHORITY	260,000	$6,258	2.0%	$22.13	—	Pref	880591409
—	WESBANCO INC - CALLABLE	130,000	$3,257	1.1%	$25.38	—	Pref	950810887
TRTN 7.625 PERP	TRITON INTL LTD-CALLABLE	80,000	$1,954	0.6%	$25.15	—	Pref	G9078F164
—	GLOBE LIFE INC - CALLABLE	50,000	$769	0.2%	$16.39	—	Pref	37959E300
—	TANSCANADA PIPELINE STR	80,000	$1,889	0.6%	$24.49	—	Pref	893526681
—	NEWTEKONE INC-CALLABLE	80,000	$1,913	0.6%	$24.12	—	Pref	652526864
—	OFFICE PPTYS INCOME TR	40,000	$10	0.0%	$25.05	—	Pref	67623C208
—	OXFORD LANE CAP CORP	100,000	$2,464	0.8%	$24.63	—	Pref	691543854
GEHC	GE HEALTHCARE TECHNOLOGIES INC	5,040	$359	0.1%	$71.08	+15.7%	Com	36266G107
—	TENNESSEE VALLEY AUTHORITY PARRS	120,000	$2,938	0.9%	$21.98	—	Pref	880591300
—	ALGONQUIN POWER & UTILITIES CORP	200,000	$5,160	1.7%	$25.20	—	Pref	015857808
—	US BANCORP -CALLABLE	60,000	$1,041	0.3%	$18.32	—	Pref	902973668
PHIG	PHI GROUP INC	39,712	$1,223	0.4%	$1.01	+2735.3%	Com	69360B104
—	AMERICAN FINL GROUP INC OHIO-CALL	50,000	$902	0.3%	$19.87	—	Pref	025932880
—	AXIS CAPITAL HOLDINGS-CALLABLE	70,000	$1,357	0.4%	$25.35	—	Pref	05461T305
—	READY CAPITAL CORP	20,000	$379	0.1%	$25.11	—	Pref	75574U838
BRK/A	BERKSHIRE HATHAWAY INC DEL CL A	1	$718	0.2%	$219080.23	+237.9%	Com	084670108
—	OXFORD LANE CAP CORP	80,000	$2,018	0.7%	$25.00	—	Pref	691543862
—	BANK OZK	60,000	$964	0.3%	$25.22	—	Pref	06417N202
—	EAGLE POINT CREDIT CO-CALLABLE	120,000	$2,812	0.9%	$23.97	—	Pref	269809885
ABBV	ABBVIE INC	1,948	$424	0.1%	$70.50	+215.7%	Com	00287Y109
—	AMERICAN FINANCIAL GR INC OH-CALL	30,000	$487	0.2%	$18.79	—	Pref	025932864
PRE 4.875 PERP J	PARTNERRE LTD - CALLABLE	120,000	$2,033	0.7%	$17.34	—	Pref	G68603169
—	BROOKFIELD BRP HLDGS INC-CALLABLE	20,000	$484	0.2%	$25.01	—	Pref	11259P307
—	PROSPECT CAP CORP	30,000	$480	0.2%	$23.36	—	Pref	74348T565
—	SVB FINL TR	240,000	$4	0.0%	$0.01	—	Pref	78500B403
—	COREBRIDGE FINL INC-CALLABLE	80,000	$1,838	0.6%	$25.40	—	Pref	21871X208
—	RAMCO RES INC-CALLABLE	80,000	$2,012	0.6%	$25.65	—	Pref	75134P808
—	CUSTOMERS BANCORP INC	40,000	$900	0.3%	$25.30	—	Pref	23204G803
—	SCE TR VIII-CALLABLE	20,000	$474	0.2%	$25.84	—	Pref	80620A208
—	SLM CORP PFD SERIES B	4,500	$334	0.1%	$52.67	—	Pref	78442P502
PG	PROCTER & GAMBLE CO	5,700	$823	0.3%	$70.43	+115.5%	Com	742718109
—	ATLANTICUS HOLDINS CORP - CALL	20,000	$500	0.2%	$25.56	—	Pref	04914Y300
ADNT	ADIENT LTD	1,193	$24	0.0%	$50.50	-54.6%	Com	G0084W101
CBL	CBL & ASSOC PPTYS INC	658	$25	0.0%	$31.91	—	Com	124830878
—	ARCH CAPITAL GROUP LTD	40,000	$663	0.2%	$16.60	—	Pref	03939A404
KALU	KAISER ALUM CORP DEPOSITARY S CMN	70	$8	0.0%	$51.13	+154.2%	Com	483007704
—	ARGONAUT GROUP STATUTORY TR - CALL	12,000	$12,000	3.9%	$1000.00	—	Pref	8AMCSFQW9
CRSXQ	CORSA COAL CORP	2,226,000	$0	0.0%	$0.90	-83.1%	Com	22041E609