Location: Worcester, MA
CIK: 0001353098 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 13, 2026
Total Value: $343M (84.7% shares, 15.3% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| AEM | AGNICO-EAGLE | 120,114 | $20.36M | 5.9% | $169.53 | $55.40 | +203.0% | COM | 008474108 |
| MET | METLIFE INC | 166,126 | $13.11M | 3.8% | $78.94 | $30.83 | +156.1% | COM | 59156R108 |
| CTO | CTO REALTY GRW | 663,543 | $12.22M | 3.6% | $18.41 | $17.36 | — | COM | 22948Q101 |
| TSBK | TIMBERLAND BANC | 291,802 | $10.45M | 3.0% | $35.80 * | $14.24 | +134.5% | COM | 887098101 |
| EXSR | EXCHANGE BANK | 76,041 | $9.885M | 2.9% | $130.00 * | $113.44 | +5.7% | COM | 301227203 |
| SBFG | SB FINANCIAL | 390,982 | $8.707M | 2.5% | $22.27 * | $17.48 | +18.4% | COM | 78408D105 |
| FBIZ | FIRST BUSINESS | 153,785 | $8.351M | 2.4% | $54.30 * | $21.70 | +138.8% | COM | 319390100 |
| SHEL | SHELL PLC | 111,326 | $8.18M | 2.4% | $73.48 | $55.86 | — | SPON ADS | 780259305 |
| PKBK | PARKE BANCORP | 316,453 | $7.924M | 2.3% | $25.04 * | $15.54 | +43.9% | COM | 700885106 |
| BG | BUNGE LIMITED | 79,920 | $7.119M | 2.1% | $89.08 * | $98.10 | -6.4% | COM SHS | H11356104 |
| — | PPL CAPITAL | 6,305,000 | $6.92M | 2.0% | $1.10 | $1.06 | — | NOTE 2.875% 3/1 | 69352pas2 |
| FENY | FIDELITY CVNGTN | 275,160 | $6.816M | 2.0% | $24.77 | $21.44 | — | MSCI ENERGY IDX | 316092402 |
| — | JAZZ INVEST | 5,665,000 | $6.549M | 1.9% | $1.16 | $1.00 | — | NOTE 2.000% 6/1 | 472145af8 |
| — | INNOVIVA INC | 6,375,000 | $6.483M | 1.9% | $1.02 | $0.96 | — | NOTE 2.125% 3/1 | 45781mad3 |
| PFE | PFIZER INC | 249,731 | $6.218M | 1.8% | $24.90 | $27.13 | -7.7% | COM | 717081103 |
| MRK | MERCK&CO INC | 58,532 | $6.161M | 1.8% | $105.26 * | $61.63 | +51.3% | COM | 58933Y105 |
| ET | ENERGY TRANSFER | 373,291 | $6.156M | 1.8% | $16.49 | $9.81 | — | COM UT LTD PTN | 29273V100 |
| BMBN | BENCHMARK BANK | 172,882 | $5.752M | 1.7% | $33.27 * | $15.53 | +106.8% | COM | 08160E207 |
| VTRS | VIATRIS INC | 457,572 | $5.697M | 1.7% | $12.45 * | $10.69 | +0.3% | COM | 92556V106 |
| VZ | VERIZON COMM | 137,744 | $5.61M | 1.6% | $40.73 | $39.01 | +3.8% | COM | 92343V104 |
| — | KIMCO REALTY | 89,993 | $5.271M | 1.5% | $58.57 | $61.40 | — | DP CV CL N 7.25% | 49446r687 |
| VICI | VICI PRPTY | 187,035 | $5.259M | 1.5% | $28.12 * | $26.16 | +12.0% | COM | 925652109 |
| XRN | GLOBAL MEDICAL | 155,022 | $5.23M | 1.5% | $33.74 | $33.72 | — | COM NEW | 37954A303 |
| FXNC | FIRST NATL VA | 203,109 | $5.126M | 1.5% | $25.24 * | $17.09 | +38.4% | COM | 32106V107 |
| CPKF | CHESPKE FINAN | 178,500 | $5.043M | 1.5% | $28.25 * | $19.65 | +25.3% | COM | 16517A109 |
| LFGP | LEDYARD FINAN | 336,121 | $5.032M | 1.5% | $14.97 * | $24.56 | -41.3% | COM | 523338101 |
| — | PROGRESS SOFTWARE | 4,945,000 | $4.997M | 1.5% | $1.01 | $1.02 | — | NOTE 3.500% 3/0 | 743312ad2 |
| — | SIRIUS XM HLDNGS | 4,888,000 | $4.908M | 1.4% | $1.00 | $1.03 | — | NOTE 3.750% 3/1 | 531229ap7 |
| BORT | BANK BOTETOURT | 111,034 | $4.885M | 1.4% | $44.00 * | $23.98 | +72.2% | COM | 063907208 |
| AAPL | APPLE INC | 17,500 | $4.758M | 1.4% | $271.86 | — | — | Put | 037833100 |
| — | MICROSOFT CORP | 90,000 | $4.353M | 1.3% | $48.36 | — | — | Put | 594918954 |
| PTBS | POTOMAC BANC | 230,620 | $4.236M | 1.2% | $18.37 | $14.26 | +27.9% | COM | 737643106 |
| MFGI | MERCHANTS FINL | 125,850 | $4.026M | 1.2% | $31.99 * | $24.60 | +15.3% | COM | 588538108 |
| WY | WEYERHAEUSER | 166,060 | $3.934M | 1.1% | $23.69 * | $22.79 | +0.9% | COM NEW | 962166104 |
| FMBM | F&M BANK CORP | 135,864 | $3.887M | 1.1% | $28.61 * | $22.87 | +17.8% | COM | 30237P106 |
| CWBC | CMNTY WST BANC | 162,829 | $3.664M | 1.1% | $22.50 * | $19.27 | +12.9% | COM | 203937107 |
| CSBB | CSB BANCORP | 67,000 | $3.618M | 1.1% | $54.00 * | $35.09 | +43.8% | COM | 12628R107 |
| APLE | APPLE HOPTLY | 290,270 | $3.44M | 1.0% | $11.85 | $14.91 | — | COM NEW | 03784Y200 |
| — | FLAGSTAR FNCL | 85,179 | $3.411M | 1.0% | $40.05 | $38.72 | — | UNIT 05/07/2051 | 64944p307 |
| FSBH | FSBH CORP | 210,000 | $3.255M | 0.9% | $15.50 * | $8.82 | +43.7% | COM | 30325F101 |
| MOAT | VE WIDE MOAT | 30,598 | $3.169M | 0.9% | $103.56 | $84.37 | — | MRNGSTR WDE MOAT | 92189F643 |
| ALRS | ALERUS FINAN | 138,000 | $3.108M | 0.9% | $22.52 * | $20.65 | +4.7% | COM | 01446U103 |
| — | LIBERTY MEDIA | 2,350,000 | $2.973M | 0.9% | $1.26 | $1.10 | — | NOTE 2.250% 8/1 | 531229aq5 |
| HCI | HCI GROUP INC | 15,293 | $2.931M | 0.9% | $191.68 | $153.53 | +22.7% | COM | 40416E103 |
| AIG | AMERICAN INTL | 32,800 | $2.806M | 0.8% | $85.55 * | $29.33 | +171.6% | COM NEW | 026874784 |
| — | NORTHERN OIL | 2,810,000 | $2.707M | 0.8% | $0.96 | $0.99 | — | NOTE 3.625% 4/1 | 665531aj8 |
| — | LXP INDUSTRIAL | 54,226 | $2.689M | 0.8% | $49.58 | $10.88 | — | COM | 529043101 |
| SFL | SFL CORP LTD | 334,392 | $2.612M | 0.8% | $7.81 | $10.71 | -28.3% | SHS | G7738W106 |
| ACI | ALBERTSONS COS | 146,712 | $2.519M | 0.7% | $17.17 * | $19.33 | -8.7% | COM | 013091103 |
| ABCB | AMERIS BANCORP | 33,459 | $2.485M | 0.7% | $74.27 | $35.05 | +111.8% | COM | 03076K108 |
| ENR | ENERGIZER HLDNG | 119,975 | $2.386M | 0.7% | $19.89 * | $27.62 | -23.0% | COM | 29272W109 |
| FCCO | FIRST CMNTY SC | 76,500 | $2.268M | 0.7% | $29.65 * | $15.93 | +76.5% | COM | 319835104 |
| — | DUKE ENERGY | 2,085,000 | $2.148M | 0.6% | $1.03 | $1.06 | — | NOTE 4.125% 4/1 | 26441cby0 |
| GDX | VE GOLD MINERS | 23,387 | $2.006M | 0.6% | $85.77 | $31.08 | — | GOLD MINERS ETF | 92189F106 |
| SLB | SCHLUMBERGER | 49,452 | $1.898M | 0.6% | $38.38 * | $36.65 | -1.6% | COM STK | 806857108 |
| BBT | BEACON FINANCIAL | 69,183 | $1.824M | 0.5% | $26.37 * | $24.94 | -0.0% | COM | 084680107 |
| — | EPR PRPTY | 81,995 | $1.819M | 0.5% | $22.18 | $21.19 | — | PDF C CV 5.75% | 26884U208 |
| — | AMPHASTAR PHARMA | 1,965,000 | $1.812M | 0.5% | $0.92 | $0.88 | — | NOTE 2.000% 3/1 | 03209rab9 |
| — | ETSY INC BOND | 1,905,000 | $1.759M | 0.5% | $0.92 | $0.86 | — | NOTE 0.125% 9/0 | 29786aal0 |
| — | FORD MOTOR CO | 1,615,000 | $1.677M | 0.5% | $1.04 | $0.98 | — | NOTE 3/1 | 345370cz1 |
| VOO | VGRD S&P 500 | 2,655 | $1.665M | 0.5% | $627.06 | $520.07 | — | S&P 500 ETF SHS | 922908363 |
| TSN | TYSON FOODS | 27,107 | $1.589M | 0.5% | $58.62 * | $71.38 | -23.5% | CL A | 902494103 |
| — | AIRBNB INC BOND | 1,600,000 | $1.583M | 0.5% | $0.99 | $0.95 | — | NOTE 3/1 | 009066ab7 |
| CNH | CNH INDUSTRIAL | 170,563 | $1.573M | 0.5% | $9.22 * | $10.71 | -6.7% | SHS | N20944109 |
| T | AT&T INC | 62,356 | $1.549M | 0.5% | $24.84 | $15.60 | +62.1% | COM | 00206R102 |
| FISI | FINANCIAL INST | 49,428 | $1.541M | 0.4% | $31.17 * | $21.39 | +36.7% | COM | 317585404 |
| BANC | BANC CALIFORNIA | 78,750 | $1.519M | 0.4% | $19.29 * | $12.35 | +44.6% | COM | 05990K106 |
| — | PACIRA BIOSCIENCE | 1,495,000 | $1.5M | 0.4% | $1.00 | $1.01 | — | NOTE 2.125% 5/1 | 695127aj9 |
| — | LCI INDS CONV | 1,482,000 | $1.455M | 0.4% | $0.98 | $1.01 | — | NOTE 1.125% 5/1 | 501812ab7 |
| PFIS | PEOPLES FIN SERV | 28,748 | $1.4M | 0.4% | $48.71 | $43.06 | +11.4% | COM | 711040105 |
| — | HAEMONETICS CORP | 1,160,000 | $1.201M | 0.4% | $1.04 | $0.92 | — | NOTE 2.500% 6/0 | 405024ad2 |
| SOBS | SOLVAY BANK | 37,665 | $1.058M | 0.3% | $28.10 * | $25.07 | +18.7% | COM | 83441Q105 |
| — | ALLIANT ENERGY | 935,000 | $971K | 0.3% | $1.04 | $1.04 | — | NOTE 3.875% 3/1 | 018802ac2 |
| — | STARWOOD PPTY | 935,000 | $966K | 0.3% | $1.03 | $1.07 | — | NOTE 6.750% 7/1 | 85571bba2 |
| — | INVESCO MUNI | 86,117 | $893K | 0.3% | $10.37 | $12.49 | — | COM | 46131M106 |
| — | WESTERN OPP FUND | 103,892 | $892K | 0.3% | $8.59 | $8.56 | — | COM | 95766R104 |
| CZBT | CITIZENS BANC VA | 25,250 | $850K | 0.2% | $33.66 * | $24.87 | +31.8% | COM | 17316V104 |
| SPYM | SPDR PORT SP 500 | 9,995 | $802K | 0.2% | $80.22 | $80.22 | — | SPDR SERIES TRUST | 78464A854 |
| MSFT | MICROSOFT CORP | 1,646 | $796K | 0.2% | $483.62 * | $331.15 | +51.2% | COM | 594918104 |
| IAT | ISHARES US REGIO | 14,000 | $772K | 0.2% | $55.15 | $53.54 | — | US RGNL BKS ETF | 464288778 |
| — | VISHAY INTERT | 850,000 | $763K | 0.2% | $0.90 | $0.89 | — | NOTE 2.250% 9/1 | 928298ar9 |
| HWC | HANCOCK WHITNEY | 10,898 | $694K | 0.2% | $63.68 * | $39.81 | +52.6% | COM | 410120109 |
| BRK/B | BERKSHIRE HATHA | 1,330 | $669K | 0.2% | $502.65 | $290.80 | +71.1% | CL B NEW | 084670702 |
| NOG | NORTHERN OIL | 30,900 | $663K | 0.2% | $21.47 * | $22.43 | 0.0% | COM | 665531307 |
| MTB | M&T BANK CORP | 3,238 | $652K | 0.2% | $201.50 * | $149.80 | +26.9% | COM | 55261F104 |
| IFF | INTL FLAVORS | 9,593 | $646K | 0.2% | $67.39 * | $129.90 | -50.4% | COM | 459506101 |
| ORCL | ORACLE CORP | 3,000 | $585K | 0.2% | $194.91 * | $175.85 | +35.4% | COM | 68389X105 |
| SSB | SOUTHSTATE CORP | 5,723 | $539K | 0.2% | $94.11 * | $91.84 | 0.0% | COM | 84472E102 |
| — | WINNEBAGO INDS | 570,000 | $534K | 0.2% | $0.94 | $0.89 | — | NOTE 3.250% 1/1 | 974637af7 |
| QABA | FT NAS CMTY BNK | 8,587 | $487K | 0.1% | $56.66 | $51.55 | — | UT COM SHS ETF | 33736Q104 |
| IUSV | IS S&P US VALUE | 4,550 | $467K | 0.1% | $102.54 | $66.86 | — | CORE S&P US VLU | 464287663 |
| ES | EVERSOURCE | 6,747 | $454K | 0.1% | $67.33 * | $59.90 | +16.1% | COM | 30040W108 |
| AGI | ALAMOS GOLD | 11,422 | $441K | 0.1% | $38.58 * | $23.74 | +46.8% | COM CL A | 011532108 |
| ABBV | ABBVIE INC | 1,915 | $438K | 0.1% | $228.49 | $137.16 | +65.9% | COM | 00287Y109 |
| JPM | JPMORGAN CHASE | 1,188 | $383K | 0.1% | $322.22 * | $209.39 | +47.8% | COM | 46625H100 |
| GOOGL | ALPHABET INC | 1,147 | $359K | 0.1% | $313.00 * | $175.15 | +63.1% | CAP STK CL A | 02079K305 |
| SBCF | SEACOAST BANKIN | 10,826 | $340K | 0.1% | $31.42 | $24.92 | +25.0% | COM NEW | 811707801 |
| SPY | SPDR S&P 500 | 493 | $336K | 0.1% | $682.15 | $410.84 | — | TR UNIT | 78462F103 |
| SKE | SKEENA | 13,805 | $328K | 0.1% | $23.73 * | $13.64 | +44.6% | COM | 83056P715 |
| KR | KROGER CO COM | 5,155 | $322K | 0.1% | $62.48 * | $44.28 | +47.3% | COM | 501044101 |
| — | ALBEMARLE CORP | 5,125 | $304K | 0.1% | $59.39 | $46.07 | — | 7.25% DEP SHS A | 012653200 |
| — | PEBBLEBRK HOTEL | 300,000 | $290K | 0.1% | $0.96 | $0.92 | — | NOTE 1.750% 12/1 | 70509vaa8 |
| FFSM | FIDELITY FNDMNTL | 8,085 | $248K | 0.1% | $30.69 | $30.69 | — | FIDELITY COVINGTON TRUST | 316092295 |
| QQQ | INV QQQ TRUST | 385 | $237K | 0.1% | $614.72 | $545.70 | — | UNIT SER 1 | 46090E103 |
| AMZN | AMAZON.COM | 1,005 | $232K | 0.1% | $230.82 | $166.47 | +37.4% | COM | 023135106 |
| FRAF | FRANKLIN FINANC | 4,400 | $221K | 0.1% | $50.20 * | $26.57 | +83.4% | COM | 353525108 |
| HL | HECLA MINING CO | 10,000 | $192K | 0.1% | $19.19 * | $8.03 | +90.3% | COM | 422704106 |
| JCI | JOHNSON CONTROL | 1,550 | $186K | 0.1% | $119.75 * | $59.80 | +92.0% | SHS | G51502105 |
| IBM | INTL BUS MACHINE | 611 | $181K | 0.1% | $296.21 | $172.56 | +73.1% | COM | 459200101 |
| GLD | SPDR GOLD TRUST | 456 | $181K | 0.1% | $396.31 | $311.60 | — | GOLD SHS | 78463V107 |
| EBMT | EAGLE BANCORP | 9,000 | $179K | 0.1% | $19.90 * | $19.45 | -11.5% | COM | 26942G100 |
| XOM | EXXON MOBIL | 1,293 | $156K | 0.0% | $120.34 * | $111.41 | +3.7% | COM | 30231G102 |
| TSM | TAIWAN SEMICOND | 504 | $153K | 0.0% | $303.89 | $226.49 | — | SPONSORED ADS | 874039100 |
| SLV | ISHARES SILVER | 2,375 | $153K | 0.0% | $64.42 | $64.42 | — | ISHARES | 46428Q109 |
| DUK | DUK ENRGY | 1,183 | $139K | 0.0% | $117.21 * | $110.07 | +10.4% | COM NEW | 26441C204 |
| — | GREENBRIER COS | 117,000 | $126K | 0.0% | $1.07 | $1.10 | — | NOTE 2.875% 4/1 | 393657am3 |
| — | HALOZYME THERAP | 110,000 | $119K | 0.0% | $1.08 | $1.00 | — | NOTE 0.250% 3/0 | 40637had1 |
| GOOG | ALPHABET INC | 375 | $118K | 0.0% | $313.80 * | $286.33 | 0.0% | CAP STK CL C | 02079K107 |
| MOTG | VE GLBL WIDE MT | 2,925 | $113K | 0.0% | $38.77 | $42.46 | — | MRNGSTR GBL WIDE | 92189F122 |
| RSP | INVESCO S&P 500 | 560 | $107K | 0.0% | $191.56 | $181.74 | — | S&P 500 EQL WGT | 46137V357 |
| LOW | LOWE'S COS INC | 420 | $101K | 0.0% | $241.16 | $244.20 | -1.8% | COM | 548661107 |
| B | BARRICK MNG | 2,325 | $101K | 0.0% | $43.55 * | $37.42 | 0.0% | COM SHS | 06849F108 |