Bramshill Investments LLC's Q4 2021 13F: 20 new positions, 25 exits

Form 13F-HR for the quarter ended Dec 31, 2021 · filed Feb 14, 2022 · 121 reported positions · accession 0001214659-22-002460

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
Reduced ISHARES 0-5 YR HY CORP BOND (SHYG) 11.3% 0.0% −11.3 pts −2.9M sh −100%
Exited WESTERN ASSET HIGH INCOME OP (HIO) 3.2% — −3.2 pts −7.27M sh −100%
Exited WESTERN ASSET HIGH YLD COM (HYI) 2.2% — −2.2 pts −1.61M sh −100%
Increased NUVEEN PFD & INCM OPPORTNYS FD (JPC) 2.5% 3.7% +1.1 pts +842K sh +28%
Exited VANECK ETF TR (XMPT) 0.7% — −0.7 pts −290K sh −100%
Increased COHEN & STEERS LTD DURATION PFD COM (LDP) 1.5% 2.3% +0.8 pts +238K sh +36%
Increased INVESCO SENIOR INCOME TRUST (VVR) 4.7% 5.7% +1.0 pts +943K sh +8%
Increased NUVEEN QUAL MUNI INCOME FD (NAD) 7.7% 9.5% +1.8 pts +239K sh +4%
Increased ISHARES SHORT MATURITY BOND ETF (NEAR) 5.2% 6.4% +1.1 pts +76,730 sh +6%
Increased NUVEEN AMT FREE QLTY MUN INCME (NEA) 7.7% 9.4% +1.7 pts +225K sh +4%
Exited WELLS FARGO & CO NEW (WFCPRZ) 0.3% — −0.3 pts −145K sh −100%
Increased BLACKROCK MUNIHOLDINGS FD INC (MHD) 0.7% 1.1% +0.4 pts +191K sh +38%
Reduced NUVEEN PFD & INCM SECURTIES FD (JPS) 2.4% 2.5% +0.1 pts −250K sh −9%
New ENVIVA PARTNERS LP (EVVAQ) — 0.2% +0.2 pts +34,280 sh new
New SOUTHERN COPPER CORPORATION (SCCO) — 0.2% +0.2 pts +33,240 sh new
New SERIES PORTFOLIOS TR (SCAP) — 0.2% +0.2 pts +160K sh new
Reduced FIRST TRUST INTERMEDIATE DUR (FPF) 1.1% 1.1% 0.0 pts −79,426 sh −15%
Exited VIRTUS ALLIANZGI CONV & INCOME FD (NCV) 0.2% — −0.2 pts −369K sh −100%
Exited VIRTUS ALLIANZGI CONV & INCOME FD II (NCZ) 0.2% — −0.2 pts −420K sh −100%
New BOISE CASCADE CO (BCC) — 0.2% +0.2 pts +26,364 sh new
Increased BLACKROCK MUNIYIELD QUALITY (MYI) 3.3% 4.0% +0.7 pts +125K sh +5%
Increased ALLSPRING INCOME OPPORTUNITIES FUND (EAD) 2.3% 3.0% +0.6 pts +199K sh +6%
Exited W. P. CAREY INC (WPC) 0.2% — −0.2 pts −27,672 sh −100%
Increased EATON VANCE MUN BD FD (EIM) 3.3% 4.0% +0.7 pts +121K sh +4%
Increased INVESCO MUN OPPORTUNITY TR (VMO) 4.6% 5.5% +0.9 pts +115K sh +3%
Exited MESABI TRUST (MSB) 0.2% — −0.2 pts −61,556 sh −100%
Exited SPDR S&P 500 ETF TR (SPY) 0.1% — −0.1 pts −4,106 sh −100%
Exited ENVIVA PARTNERS LP (EVA) 0.1% — −0.1 pts −31,522 sh −100%
New RIO TINTO PLC (RIO) — 0.1% +0.1 pts +22,017 sh new
Increased FIRST TR HIGH INCOME L/S FD (FSD) 1.0% 1.3% +0.3 pts +88,723 sh +12%
Exited WALT DISNEY CO (DIS) 0.1% — −0.1 pts −8,815 sh −100%
New SCHNEIDER NATIONAL INC (SNDR) — 0.1% +0.1 pts +46,969 sh new
New RED ROCK RESORTS INC (RRR) — 0.1% +0.1 pts +21,877 sh new
Increased INVESCO VAN KAMPEN MUN TR COM (VKQ) 2.5% 3.0% +0.5 pts +88,149 sh +4%
Exited KIMBELL ROYALTY PARTNERS LP (KRP) 0.1% — −0.1 pts −93,700 sh −100%
New ALIBABA GRP HOLDING LTD (BABA) — 0.1% +0.1 pts +9,623 sh new
Increased SIMON PROPERTY GRP INC (SPG) 0.0% 0.1% +0.1 pts +6,981 sh +284%
Increased BLACKROCK MUNIVEST FD INC COM (MVF) 2.6% 3.1% +0.5 pts +115K sh +4%
New CVR PARTNERS LP COM (UAN) — 0.1% +0.1 pts +13,256 sh new
Exited BLACK STONE MINERALS LP (BSM) 0.1% — −0.1 pts −98,858 sh −100%
New SL GREEN REALTY CORP. (SLG) — 0.1% +0.1 pts +14,087 sh new
Reduced NUVEEN CREDIT STRAT INC FD (JQC) 4.0% 4.5% +0.5 pts −152K sh −2%
New CITIGROUP INC (C) — 0.1% +0.1 pts +16,329 sh new
New ARK ETF TR (ARKK) — 0.1% +0.1 pts +10,000 sh new
New UBER TECHNOLOGIES INC (UBER) — 0.1% +0.1 pts +22,503 sh new
New HAVERTY FURNITURE (HVT) — 0.1% +0.1 pts +30,836 sh new
New GOLDEN OCEAN GROUP LTD (GOGL) — 0.1% +0.1 pts +99,425 sh new
New SIBANYE STILLWATER LTD SPON ADR (SBSW) — 0.1% +0.1 pts +72,904 sh new
New JPMORGAN CHASE & CO (JPM) — 0.1% +0.1 pts +5,484 sh new
Exited PPL CORPORATION (PPL) 0.1% — −0.1 pts −35,649 sh −100%

The 50 largest of 130 changes, by size of the trade. Full holdings for this quarter.

Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled

† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:

  • APOLLO GLOBAL MGMT INC (APO): 03768E105 → 03769M106, 17,899 → 7,764 shares (share count changed with the identifier; not shown as a trade)

Top 10 positions — 59.8% of the equity book

Changes in the top 10 this quarter: JPC entered · SHYG left

# Security Weight before Weight now
1 NUVEEN QUAL MUNI INCOME FD (NAD) 7.7% 9.5%
2 NUVEEN AMT FREE QLTY MUN INCME (NEA) 7.7% 9.4%
3 BLACKROCK CORPORATE HIGH YIE (HYT) 6.1% 7.1%
4 ISHARES SHORT MATURITY BOND ETF (NEAR) 5.2% 6.4%
5 INVESCO SENIOR INCOME TRUST (VVR) 4.7% 5.7%
6 INVESCO MUN OPPORTUNITY TR (VMO) 4.6% 5.5%
7 NUVEEN CREDIT STRAT INC FD (JQC) 4.0% 4.5%
8 EATON VANCE MUN BD FD (EIM) 3.3% 4.0%
9 BLACKROCK MUNIYIELD QUALITY (MYI) 3.3% 4.0%
10 NUVEEN PFD & INCM OPPORTNYS FD (JPC) 2.5% 3.7% Entered the top 10
— ISHARES 0-5 YR HY CORP BOND (SHYG) 11.3% 0.0% Left the top 10

Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).