Bramshill Investments LLC's Q3 2022 13F: 18 new positions, 68 exits
Form 13F-HR for the quarter ended Sep 30, 2022 · filed Nov 10, 2022 · 135 reported positions · accession 0001214659-22-013471
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | INVESCO SENIOR INCOME TRUST (VVR) | 5.0% | 1.4% | −3.6 pts | −8.13M sh | −76% |
| New | NUVEEN PREFERRED & INCOME OP (JPC) | — | 3.4% | +3.4 pts | +3.45M sh | new |
| Reduced | BLACKROCK CORP HI YLD (HYT) | 6.5% | 5.1% | −1.4 pts | −1.5M sh | −26% |
| Reduced | NUVEEN AMT-FR QLTY MUNI INC (NEA) | 7.8% | 7.0% | −0.9 pts | −962K sh | −17% |
| Reduced | NUVEEN CREDIT STRAT INCM (JQC) | 2.7% | 1.9% | −0.8 pts | −1.67M sh | −39% |
| Reduced | NUVEEN QUAL MUNI INCOME FD (NAD) | 8.8% | 8.2% | −0.6 pts | −662K sh | −11% |
| Reduced | EATON VANCE LTD DURAT INC (EVV) | 0.7% | 0.0% | −0.7 pts | −595K sh | −100% |
| Reduced | BLACKROCK DEBT STRATEGIES FD (DSU) | 1.2% | 0.7% | −0.5 pts | −556K sh | −49% |
| Reduced | INVESCO MUNICIPAL TRUST (VKQ) | 2.7% | 2.2% | −0.5 pts | −520K sh | −24% |
| Reduced | BLACKROCK SHORT MATURITY BON (NEAR) | 12.1% | 13.9% | +1.8 pts | −71,196 sh | −3% |
| New | AT&T INC (T) | — | 0.4% | +0.4 pts | +178K sh | new |
| Exited | iShares 1-3 Year Treasury Bond (SHY) | 0.3% | — | −0.3 pts | −32,240 sh | −100% |
| Reduced | EATON VANCE MUNICIPAL BOND (EIM) | 3.9% | 3.9% | 0.0 pts | −229K sh | −8% |
| New | DOMINION ENERGY INC (D) | — | 0.3% | +0.3 pts | +31,214 sh | new |
| Reduced | BLACKROCK MUNIYIELD QLTY III (MYI) | 3.9% | 3.8% | −0.1 pts | −205K sh | −7% |
| New | UNITED STATES OIL FUND LP (USO) | — | 0.3% | +0.3 pts | +30,775 sh | new |
| Reduced | INVESCO MUNICIPAL OPPORT (VMO) | 5.3% | 5.2% | 0.0 pts | −219K sh | −5% |
| Reduced | INVESCO TRUST FOR INVESTMEN (VGM) | 2.5% | 2.4% | −0.1 pts | −194K sh | −10% |
| New | AMERICAN ELECTRIC POWER (AEP) | — | 0.2% | +0.2 pts | +20,002 sh | new |
| Exited | Apple Inc (AAPL) | 0.2% | — | −0.2 pts | −15,048 sh | −100% |
| New | ENTERGY CORP (ETR) | — | 0.2% | +0.2 pts | +16,907 sh | new |
| Reduced | BLACKROCK MUNIHOLDINGS FUND (MHD) | 1.1% | 1.0% | −0.2 pts | −136K sh | −18% |
| Reduced | ALLSPRING INCOME OPPORTUNITI (EAD) | 2.3% | 2.4% | +0.1 pts | −239K sh | −8% |
| Reduced | BLACKROCK MUNIVEST FUND (MVF) | 2.8% | 2.8% | 0.0 pts | −215K sh | −7% |
| Reduced | WESTERN ASSET HIGH YIELD DEF (HYI) | 3.5% | 3.6% | +0.1 pts | −121K sh | −5% |
| Increased | CHESAPEAKE ENERGY CORP (EXE) | 0.3% | 0.7% | +0.3 pts | +14,161 sh | +41% |
| New | AMERICAN FINANCIAL GROUP INC (AFG) | — | 0.2% | +0.2 pts | +10,763 sh | new |
| Increased | BLACKROCK TAXABLE MUNICIPAL (BBN) | 0.2% | 0.4% | +0.2 pts | +73,723 sh | +76% |
| Exited | Neuberger Berman High Yield St (NHS) | 0.2% | — | −0.2 pts | −171K sh | −100% |
| Increased | NUVEEN TAXABLE MUNICIPAL INC (NBB) | 0.2% | 0.4% | +0.2 pts | +76,139 sh | +68% |
| Reduced | HANNON ARMSTRONG SUSTAINABLE (HASI) | 0.3% | 0.2% | −0.2 pts | −35,043 sh | −49% |
| Reduced | BERKSHIRE HATHAWAY INC-CL B (BRK-B) | 0.2% | 0.1% | −0.1 pts | −3,844 sh | −55% |
| New | PETROLEO BRASILEIRO-SPON ADR (PBR) | — | 0.1% | +0.1 pts | +78,340 sh | new |
| Increased | PIONEER NATURAL RESOURCES CO (PXD) | 0.0% | 0.1% | +0.1 pts | +3,826 sh | +6377% |
| Exited | Sixth Street Specialty Lending (TSLX) | 0.1% | — | −0.1 pts | −51,334 sh | −100% |
| Reduced | WALT DISNEY CO/THE (DIS) | 0.2% | 0.1% | −0.1 pts | −8,104 sh | −50% |
| Increased | CRESTWOOD EQUITY PARTNERS LP (CEQP) | 0.2% | 0.4% | +0.2 pts | +26,374 sh | +33% |
| Reduced | BOEING CO/THE (BA) | 0.2% | 0.1% | −0.1 pts | −5,923 sh | −50% |
| Reduced | NUVEEN PREFERRED & INCOME SE (JPS) | 1.9% | 1.9% | 0.0 pts | −109K sh | −5% |
| New | MARKETAXESS HOLDINGS INC (MKTX) | — | 0.1% | +0.1 pts | +3,207 sh | new |
| New | AGCO CORP (AGCO) | — | 0.1% | +0.1 pts | +7,174 sh | new |
| Reduced | FIRST TRUST HIGH INCOME LONG (FSD) | 1.1% | 1.2% | +0.1 pts | −62,283 sh | −8% |
| New | LYONDELLBASELL INDU-CL A (LYB) | — | 0.1% | +0.1 pts | +8,807 sh | new |
| Reduced | COHEN & STEERS LIMITED DURAT (LDP) | 1.9% | 2.0% | +0.1 pts | −35,051 sh | −4% |
| Reduced | WESTERN ASSET HI INC OPPORT (HIO) | 3.9% | 4.2% | +0.3 pts | −171K sh | −2% |
| New | STAR BULK CARRIERS CORP (SBLK) | — | 0.1% | +0.1 pts | +35,834 sh | new |
| Exited | SL Green Realty Corp (SLG) | 0.1% | — | −0.1 pts | −15,464 sh | −100% |
| New | PIMCO ENHANCED SHORT MATURIT (MINT) | — | 0.1% | +0.1 pts | +4,500 sh | new |
| Increased | CROWN CASTLE INC (CCI) | 0.1% | 0.2% | +0.1 pts | +2,945 sh | +48% |
| Increased | AGNC INVESTMENT CORP (AGNC) | 0.3% | 0.3% | 0.0 pts | +49,587 sh | +22% |
The 50 largest of 192 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:
- ANNALY CAPITAL MANAGEMENT IN (NLY): 035710409 → 035710839, 697K → 181K shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 58.3% of the equity book
Changes in the top 10 this quarter: JPC entered · VVR left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | BLACKROCK SHORT MATURITY BON (NEAR) | 12.1% | 13.9% | |
| 2 | NUVEEN QUAL MUNI INCOME FD (NAD) | 8.8% | 8.2% | |
| 3 | NUVEEN AMT-FR QLTY MUNI INC (NEA) | 7.8% | 7.0% | |
| 4 | INVESCO MUNICIPAL OPPORT (VMO) | 5.3% | 5.2% | |
| 5 | BLACKROCK CORP HI YLD (HYT) | 6.5% | 5.1% | |
| 6 | WESTERN ASSET HI INC OPPORT (HIO) | 3.9% | 4.2% | |
| 7 | EATON VANCE MUNICIPAL BOND (EIM) | 3.9% | 3.9% | |
| 8 | BLACKROCK MUNIYIELD QLTY III (MYI) | 3.9% | 3.8% | |
| 9 | WESTERN ASSET HIGH YIELD DEF (HYI) | 3.5% | 3.6% | |
| 10 | NUVEEN PREFERRED & INCOME OP (JPC) | 0.0% | 3.4% | Entered the top 10 |
| — | INVESCO SENIOR INCOME TRUST (VVR) | 5.0% | 1.4% | 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).