BTS Asset Management

Lincoln, MAfiles as BTS Asset Management, Inc.

$47m in 31 US stocks at the end of 30 June 2026. The top 10 are 83.1% of the money. It changed about 59.3% of the portfolio this quarter.

Value

$47m

Stocks

Top 10 share

83.1%

Turnover

59.3%

What changed this quarter

New

Bought for the first time this quarter.

DBX ETF TRHYLB
51.5% of the fund
Vanguard Scottsdale FDSVCIT
1.4% of the fund
MicrosoftMSFT
1.2% of the fund
Motorola SolutionsMSI
1.2% of the fund
Select Sector Spdr TRXLC
0.9% of the fund
NetflixNFLX
0.9% of the fund
Snap-onSNA
0.6% of the fund
Automatic Data ProcessingADP
0.6% of the fund
Spdr Series TrustCWB
0.5% of the fund
Booz Allen Hamilton HoldingBAH
0.4% of the fund

Added

Bought more of a stock they already held.

J P Morgan Exchange Traded FJEPI
3.1% of the fund
+23%
Ishares TRTFLO
2.8% of the fund
+47%
Edison InternationalEIX
1.6% of the fund
+114%
Ssga Active ETF TRSRLN
1.4% of the fund
+10%
Janus Detroit STR TRJAAA
1.4% of the fund
+46%
Ishares TRAGZ
1.4% of the fund
+47%
ResmedRMD
0.9% of the fund
+77%
Invesco Exch Traded FD TR IIPCEF
0.9% of the fund
+36%
Janus Detroit STR TRJBBB
0.9% of the fund
+44%
Spdr Series TrustSJNK
0.9% of the fund
+46%
Ishares TRIYM
0.9% of the fund
+43%
Proshares TRNOBL
0.9% of the fund
+37%
KrogerKR
0.9% of the fund
+11%
ExelonEXC
0.6% of the fund
+9%
CF Industries HoldingsCF
0.5% of the fund
+16%

Cut

Sold some of their stake.

Spdr Series TrustBIL
17.4% of the fund
-36%
J P Morgan Exchange Traded FJEPQ
1.2% of the fund
-10%
NvidiaNVDA
1.0% of the fund
-18%
AlphabetGOOGL
0.9% of the fund
-10%
ComcastCMCSA
0.7% of the fund
-18%
Hormel FoodsHRL
0.5% of the fund
-4%

Sold out

Sold their entire stake.

State STR Spdr DOW Jones INDDIA
-100%
PaychexPAYX
-100%
Ishares TRIEF
-100%
AllegionALLE
-100%
Meta PlatformsMETA
-100%
AllstateALL
-100%
Vanguard World FDVGT
-100%
Atmos EnergyATO
-100%
Viper EnergyVNOM
-100%
Vanguard Index FDSVBR
-100%

Holdings

DBX ETF TRHYLB
Share
51.5%
Value
$24m
Shares
668,625
New
Spdr Series TrustBIL
Share
17.4%
Value
$8m
Shares
89,960
-36%
J P Morgan Exchange Traded FJEPI
Share
3.1%
Value
$1m
Shares
25,958
+23%
Ishares TRTFLO
Share
2.8%
Value
$1m
Shares
26,049
+47%
Edison InternationalEIX
Share
1.6%
Value
$750,039
Shares
10,074
+114%
Ssga Active ETF TRSRLN
Share
1.4%
Value
$659,896
Shares
16,379
+10%
Janus Detroit STR TRJAAA
Share
1.4%
Value
$659,341
Shares
13,059
+46%
Ishares TRAGZ
Share
1.4%
Value
$658,702
Shares
6,028
+47%
Vanguard Scottsdale FDSVCIT
Share
1.4%
Value
$658,274
Shares
7,965
New
J P Morgan Exchange Traded FJEPQ
Share
1.2%
Value
$587,947
Shares
9,566
-10%
MicrosoftMSFT
Share
1.2%
Value
$564,148
Shares
1,512
New
Motorola SolutionsMSI
Share
1.2%
Value
$547,669
Shares
1,319
New
NvidiaNVDA
Share
1.0%
Value
$483,176
Shares
2,415
-18%
ResmedRMD
Share
0.9%
Value
$448,809
Shares
2,303
+77%
AlphabetGOOGL
Share
0.9%
Value
$445,899
Shares
1,248
-10%
Invesco Exch Traded FD TR IIPCEF
Share
0.9%
Value
$439,885
Shares
21,659
+36%
Janus Detroit STR TRJBBB
Share
0.9%
Value
$439,607
Shares
9,284
+44%
Select Sector Spdr TRXLC
Share
0.9%
Value
$439,340
Shares
4,101
New
Spdr Series TrustSJNK
Share
0.9%
Value
$439,167
Shares
17,546
+46%
Ishares TRIYM
Share
0.9%
Value
$438,475
Shares
2,442
+43%
Proshares TRNOBL
Share
0.9%
Value
$438,434
Shares
7,807
+37%
KrogerKR
Share
0.9%
Value
$416,974
Shares
7,509
+11%
NetflixNFLX
Share
0.9%
Value
$408,622
Shares
5,723
New
ComcastCMCSA
Share
0.7%
Value
$341,563
Shares
13,913
-18%
ExelonEXC
Share
0.6%
Value
$266,387
Shares
5,714
+9%
Snap-onSNA
Share
0.6%
Value
$264,872
Shares
658
New
Automatic Data ProcessingADP
Share
0.6%
Value
$263,813
Shares
1,178
New
Hormel FoodsHRL
Share
0.5%
Value
$260,706
Shares
10,504
-4%
CF Industries HoldingsCF
Share
0.5%
Value
$240,827
Shares
2,225
+16%
Spdr Series TrustCWB
Share
0.5%
Value
$219,838
Shares
2,039
New
Booz Allen Hamilton HoldingBAH
Share
0.4%
Value
$209,615
Shares
3,455
New

Company	Share of fund	Value	Shares	Change
DBX ETF TRHYLB	51.5%	$24m	668,625	New
Spdr Series TrustBIL	17.4%	$8m	89,960	-36%
J P Morgan Exchange Traded FJEPI	3.1%	$1m	25,958	+23%
Ishares TRTFLO	2.8%	$1m	26,049	+47%
Edison InternationalEIX	1.6%	$750,039	10,074	+114%
Ssga Active ETF TRSRLN	1.4%	$659,896	16,379	+10%
Janus Detroit STR TRJAAA	1.4%	$659,341	13,059	+46%
Ishares TRAGZ	1.4%	$658,702	6,028	+47%
Vanguard Scottsdale FDSVCIT	1.4%	$658,274	7,965	New
J P Morgan Exchange Traded FJEPQ	1.2%	$587,947	9,566	-10%
MicrosoftMSFT	1.2%	$564,148	1,512	New
Motorola SolutionsMSI	1.2%	$547,669	1,319	New
NvidiaNVDA	1.0%	$483,176	2,415	-18%
ResmedRMD	0.9%	$448,809	2,303	+77%
AlphabetGOOGL	0.9%	$445,899	1,248	-10%
Invesco Exch Traded FD TR IIPCEF	0.9%	$439,885	21,659	+36%
Janus Detroit STR TRJBBB	0.9%	$439,607	9,284	+44%
Select Sector Spdr TRXLC	0.9%	$439,340	4,101	New
Spdr Series TrustSJNK	0.9%	$439,167	17,546	+46%
Ishares TRIYM	0.9%	$438,475	2,442	+43%
Proshares TRNOBL	0.9%	$438,434	7,807	+37%
KrogerKR	0.9%	$416,974	7,509	+11%
NetflixNFLX	0.9%	$408,622	5,723	New
ComcastCMCSA	0.7%	$341,563	13,913	-18%
ExelonEXC	0.6%	$266,387	5,714	+9%
Snap-onSNA	0.6%	$264,872	658	New
Automatic Data ProcessingADP	0.6%	$263,813	1,178	New
Hormel FoodsHRL	0.5%	$260,706	10,504	-4%
CF Industries HoldingsCF	0.5%	$240,827	2,225	+16%
Spdr Series TrustCWB	0.5%	$219,838	2,039	New
Booz Allen Hamilton HoldingBAH	0.4%	$209,615	3,455	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is down 42.9% since 30 June 2025.

Where the money is

Technology3.4%

Media & telecom2.5%

Utilities2.1%

Industrials1.6%

Everyday goods1.4%

Health care0.9%

Materials0.5%

Other87.5%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.