IAT Reinsurance

New York, NYfiles as IAT REINSURANCE CO LTD.

$167m in 77 US stocks at the end of 30 June 2026. The top 10 are 63.1% of the money. It changed about 44.6% of the portfolio this quarter.

Value

$167m

Stocks

Top 10 share

63.1%

Turnover

44.6%

What changed this quarter

New

Bought for the first time this quarter.

NikeNKE
3.9% of the fund
Walt DisneyDIS
3.6% of the fund
Estee Lauder CompaniesEL
3.6% of the fund
Genuine PartsGPC
3.5% of the fund
Pinnacle Financial Partners
0.6% of the fund
Entergy Louisiana LLC - Callable
0.5% of the fund
M & T Bank Corp Fix To Flt Pfd
0.3% of the fund
Aspen Insurance Hldg Ltd-Callable
0.2% of the fund
DTE 4 3/8
0.2% of the fund
DTE 4 3/8
0.2% of the fund
Presurance HoldingsPRHI
0.1% of the fund
Office Properties Income TrustOPI
<0.1% of the fund
Office Pptys Income - Warrant
0.0% of the fund

Added

Bought more of a stock they already held.

Uber TechnologiesUBER
3.9% of the fund
+657%
Wesbanco INC SER VAR PFD
0.3% of the fund
+15%
Mercer InternationalMERC
0.2% of the fund
+6%

Cut

Sold some of their stake.

CorningGLW
1.8% of the fund
-86%
Algonquin Power & Utilities
0.3% of the fund
-70%

Sold out

Sold their entire stake.

SLM Corp PFD SER B 5.626
-100%
Rights Presurance Hold-Conifer
-100%
Office Pptys Income TR
-100%

Holdings

NAM TAI G63907-10-2 Private
Share
15.2%
Value
$25m
Shares
5,336,452
Held
Advanced Micro DevicesAMD
Share
11.8%
Value
$20m
Shares
33,936
Held
Helios TechnologiesHLIO
Share
8.0%
Value
$13m
Shares
300,000
Held
AmgenAMGN
Share
5.4%
Value
$9m
Shares
92,500
Held
Vail ResortsMTN
Share
4.1%
Value
$7m
Shares
84,000
Held
Uber TechnologiesUBER
Share
3.9%
Value
$6m
Shares
79,500
+657%
NikeNKE
Share
3.9%
Value
$6m
Shares
157,000
New
Walt DisneyDIS
Share
3.6%
Value
$6m
Shares
16,133
New
Estee Lauder CompaniesEL
Share
3.6%
Value
$6m
Shares
75,000
New
Genuine PartsGPC
Share
3.5%
Value
$6m
Shares
50,000
New
Delphi Financial Group - Callable
Share
2.5%
Value
$4m
Shares
328,790
Held
Tennessee Valley Authority
Share
2.0%
Value
$3m
Shares
260,000
Held
CorningGLW
Share
1.8%
Value
$3m
Shares
52,037
-86%
Tennessee Valley Authority Parrs
Share
1.7%
Value
$3m
Shares
120,000
Held
TE ConnectivityTEL
Share
1.5%
Value
$3m
Shares
12,500
Held
Oxford Lane CAP
Share
1.5%
Value
$2m
Shares
100,000
Held
Oxford Lane CAP
Share
1.2%
Value
$2m
Shares
80,000
Held
Argonaut Group Statutory TR - Call
Share
1.2%
Value
$2m
Shares
12,000
Held
NAM TAI PropertyNTPIF
Share
1.1%
Value
$2m
Shares
5,774,800
Held
Xcel Energy INC NT
Share
1.1%
Value
$2m
Shares
200,000
Held
Scully RoyaltySRL
Share
1.1%
Value
$2m
Shares
3,416,664
Held
Affiliated Managers Grou
Share
1.1%
Value
$2m
Shares
80,000
Held
Johnson Controls InternationalJCI
Share
1.0%
Value
$2m
Shares
11,937
Held
General ElectricGE
Share
1.0%
Value
$2m
Shares
15,125
Held
GE VernovaGEV
Share
0.8%
Value
$1m
Shares
3,780
Held
Pinnacle Financial Partners
Share
0.6%
Value
$1m
Shares
120,000
New
Wintrust 7.875 VAR PFD
Share
0.6%
Value
$1m
Shares
240,000
Held
Ramco RES Inc-Callable
Share
0.6%
Value
$1m
Shares
80,000
Held
Newtekone Inc-Callable
Share
0.6%
Value
$994,200
Shares
80,000
Held
Triton Inter 7.625 Pfdpfd SER F
Share
0.6%
Value
$978,000
Shares
80,000
Held
Eagle Point Credit Co-Callable
Share
0.6%
Value
$955,200
Shares
120,000
Held
Aspen Insurance Holdings-Call
Share
0.6%
Value
$934,000
Shares
80,000
Held
Tanscanada Pipeline STR
Share
0.6%
Value
$920,000
Shares
80,000
Held
Corebridge Finl
Share
0.5%
Value
$914,000
Shares
80,000
Held
Customers Bancorp
Share
0.5%
Value
$863,996
Shares
40,000
Held
Procter & GamblePG
Share
0.5%
Value
$835,848
Shares
5,700
Held
F&G Annuities & Life INC - Callabl
Share
0.5%
Value
$821,200
Shares
120,000
Held
Entergy Louisiana LLC - Callable
Share
0.5%
Value
$800,000
Shares
40,000
New
Axis Capital H 5.5 Pfdpfd SER E
Share
0.5%
Value
$750,400
Shares
70,000
Held
Berkshire Hathaway INC DELBRK-A
Share
0.4%
Value
$748,850
Shares
1
Held
B Riley Financial INC - Callable
Share
0.4%
Value
$738,000
Shares
140,000
Held
Acgl 4.55 Perp
Share
0.4%
Value
$645,800
Shares
40,000
Held
Spectrum Brands HoldingsSPB
Share
0.4%
Value
$645,183
Shares
12,799
Held
ExxonMobil HoldingsXOM
Share
0.4%
Value
$628,912
Shares
79,600
Held
PHI GroupPHIG
Share
0.3%
Value
$565,896
Shares
39,712
Held
Hudson Pacific Properties Inc-Call
Share
0.3%
Value
$560,000
Shares
55,000
Held
US Bancorp -Callable
Share
0.3%
Value
$522,900
Shares
60,000
Held
Fifth Third VAR PFD
Share
0.3%
Value
$515,600
Shares
20,000
Held
Algonquin Power & Utilities
Share
0.3%
Value
$509,400
Shares
60,000
-70%
Atlanticus Holdins Corp - Call
Share
0.3%
Value
$504,700
Shares
20,000
Held
Brookfield BRP Hldgs Inc-Callable
Share
0.3%
Value
$504,400
Shares
20,000
Held
Wesbanco INC SER VAR PFD
Share
0.3%
Value
$503,400
Shares
150,000
+15%
M & T Bank Corp Fix To Flt Pfd
Share
0.3%
Value
$499,400
Shares
20,000
New
Prospect CAP
Share
0.3%
Value
$492,300
Shares
30,000
Held
AbbVieABBV
Share
0.3%
Value
$490,195
Shares
1,948
Held
KKR
Share
0.3%
Value
$483,600
Shares
180,000
Held
AFG 4 1/2
Share
0.3%
Value
$476,100
Shares
30,000
Held
SCE TR Viii-Callable
Share
0.3%
Value
$452,800
Shares
20,000
Held
Ready Capital
Share
0.3%
Value
$450,000
Shares
20,000
Held
Mercer InternationalMERC
Share
0.2%
Value
$415,800
Shares
18,220,000
+6%
Aspen Insurance Hldg Ltd-Callable
Share
0.2%
Value
$371,000
Shares
20,000
New
AFG 5 1/8
Share
0.2%
Value
$354,000
Shares
50,000
Held
DTE 4 3/8
Share
0.2%
Value
$338,800
Shares
20,000
New
DTE 4 3/8
Share
0.2%
Value
$334,000
Shares
60,000
New
Bank OZK
Share
0.2%
Value
$320,400
Shares
60,000
Held
Partnerre LTD - Callable
Share
0.2%
Value
$320,000
Shares
120,000
Held
GL 4 1/4
Share
0.2%
Value
$303,000
Shares
50,000
Held
Presurance HoldingsPRHI
Share
0.1%
Value
$175,357
Shares
35,714
New
GE HealthCare TechnologiesGEHC
Share
<0.1%
Value
$93,327
Shares
5,040
Held
CBL & Associates PropertiesCBL
Share
<0.1%
Value
$34,933
Shares
658
Held
Office Properties Income TrustOPI
Share
<0.1%
Value
$24,072
Shares
2,832
New
AdientADNT
Share
<0.1%
Value
$21,927
Shares
1,193
Held
Kaiser AluminumKALU
Share
<0.1%
Value
$13,694
Shares
70
Held
SVB Finl TR
Share
<0.1%
Value
$4,000
Shares
240,000
Held
Corsa CoalCRSXQ
Share
<0.1%
Value
$2
Shares
2,226,000
Held
MymeticsMYMX
Share
0.0%
Value
$0
Shares
175
Held
Office Pptys Income - Warrant
Share
0.0%
Value
$0
Shares
2,422
New

Company	Share of fund	Value	Shares	Change
NAM TAI G63907-10-2 Private	15.2%	$25m	5,336,452	Held
Advanced Micro DevicesAMD	11.8%	$20m	33,936	Held
Helios TechnologiesHLIO	8.0%	$13m	300,000	Held
AmgenAMGN	5.4%	$9m	92,500	Held
Vail ResortsMTN	4.1%	$7m	84,000	Held
Uber TechnologiesUBER	3.9%	$6m	79,500	+657%
NikeNKE	3.9%	$6m	157,000	New
Walt DisneyDIS	3.6%	$6m	16,133	New
Estee Lauder CompaniesEL	3.6%	$6m	75,000	New
Genuine PartsGPC	3.5%	$6m	50,000	New
Delphi Financial Group - Callable	2.5%	$4m	328,790	Held
Tennessee Valley Authority	2.0%	$3m	260,000	Held
CorningGLW	1.8%	$3m	52,037	-86%
Tennessee Valley Authority Parrs	1.7%	$3m	120,000	Held
TE ConnectivityTEL	1.5%	$3m	12,500	Held
Oxford Lane CAP	1.5%	$2m	100,000	Held
Oxford Lane CAP	1.2%	$2m	80,000	Held
Argonaut Group Statutory TR - Call	1.2%	$2m	12,000	Held
NAM TAI PropertyNTPIF	1.1%	$2m	5,774,800	Held
Xcel Energy INC NT	1.1%	$2m	200,000	Held
Scully RoyaltySRL	1.1%	$2m	3,416,664	Held
Affiliated Managers Grou	1.1%	$2m	80,000	Held
Johnson Controls InternationalJCI	1.0%	$2m	11,937	Held
General ElectricGE	1.0%	$2m	15,125	Held
GE VernovaGEV	0.8%	$1m	3,780	Held
Pinnacle Financial Partners	0.6%	$1m	120,000	New
Wintrust 7.875 VAR PFD	0.6%	$1m	240,000	Held
Ramco RES Inc-Callable	0.6%	$1m	80,000	Held
Newtekone Inc-Callable	0.6%	$994,200	80,000	Held
Triton Inter 7.625 Pfdpfd SER F	0.6%	$978,000	80,000	Held
Eagle Point Credit Co-Callable	0.6%	$955,200	120,000	Held
Aspen Insurance Holdings-Call	0.6%	$934,000	80,000	Held
Tanscanada Pipeline STR	0.6%	$920,000	80,000	Held
Corebridge Finl	0.5%	$914,000	80,000	Held
Customers Bancorp	0.5%	$863,996	40,000	Held
Procter & GamblePG	0.5%	$835,848	5,700	Held
F&G Annuities & Life INC - Callabl	0.5%	$821,200	120,000	Held
Entergy Louisiana LLC - Callable	0.5%	$800,000	40,000	New
Axis Capital H 5.5 Pfdpfd SER E	0.5%	$750,400	70,000	Held
Berkshire Hathaway INC DELBRK-A	0.4%	$748,850	1	Held
B Riley Financial INC - Callable	0.4%	$738,000	140,000	Held
Acgl 4.55 Perp	0.4%	$645,800	40,000	Held
Spectrum Brands HoldingsSPB	0.4%	$645,183	12,799	Held
ExxonMobil HoldingsXOM	0.4%	$628,912	79,600	Held
PHI GroupPHIG	0.3%	$565,896	39,712	Held
Hudson Pacific Properties Inc-Call	0.3%	$560,000	55,000	Held
US Bancorp -Callable	0.3%	$522,900	60,000	Held
Fifth Third VAR PFD	0.3%	$515,600	20,000	Held
Algonquin Power & Utilities	0.3%	$509,400	60,000	-70%
Atlanticus Holdins Corp - Call	0.3%	$504,700	20,000	Held
Brookfield BRP Hldgs Inc-Callable	0.3%	$504,400	20,000	Held
Wesbanco INC SER VAR PFD	0.3%	$503,400	150,000	+15%
M & T Bank Corp Fix To Flt Pfd	0.3%	$499,400	20,000	New
Prospect CAP	0.3%	$492,300	30,000	Held
AbbVieABBV	0.3%	$490,195	1,948	Held
KKR	0.3%	$483,600	180,000	Held
AFG 4 1/2	0.3%	$476,100	30,000	Held
SCE TR Viii-Callable	0.3%	$452,800	20,000	Held
Ready Capital	0.3%	$450,000	20,000	Held
Mercer InternationalMERC	0.2%	$415,800	18,220,000	+6%
Aspen Insurance Hldg Ltd-Callable	0.2%	$371,000	20,000	New
AFG 5 1/8	0.2%	$354,000	50,000	Held
DTE 4 3/8	0.2%	$338,800	20,000	New
DTE 4 3/8	0.2%	$334,000	60,000	New
Bank OZK	0.2%	$320,400	60,000	Held
Partnerre LTD - Callable	0.2%	$320,000	120,000	Held
GL 4 1/4	0.2%	$303,000	50,000	Held
Presurance HoldingsPRHI	0.1%	$175,357	35,714	New
GE HealthCare TechnologiesGEHC	<0.1%	$93,327	5,040	Held
CBL & Associates PropertiesCBL	<0.1%	$34,933	658	Held
Office Properties Income TrustOPI	<0.1%	$24,072	2,832	New
AdientADNT	<0.1%	$21,927	1,193	Held
Kaiser AluminumKALU	<0.1%	$13,694	70	Held
SVB Finl TR	<0.1%	$4,000	240,000	Held
Corsa CoalCRSXQ	<0.1%	$2	2,226,000	Held
MymeticsMYMX	0.0%	$0	175	Held
Office Pptys Income - Warrant	0.0%	$0	2,422	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is down 62.6% since 30 June 2025.

Where the money is

Technology15.6%

Industrials14.7%

Retail & consumer11.5%

Health care5.8%

Everyday goods4.1%

Media & telecom3.6%

Financial services1.2%

Energy0.4%

Materials0.3%

Real estate0.0%

Other42.8%

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.