Bramshill Investments LLC's Q4 2023 13F: 56 new positions, 12 exits
Form 13F-HR for the quarter ended Dec 31, 2023 · filed Feb 14, 2024 · 181 reported positions · accession 0001214659-24-002577
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | iShares 20 Year Treasury Bond (TLT) | 22.2% | 0.0% | −22.2 pts | −2.15M sh | −100% |
| Increased | iShares 0-5 Year High Yield Co (SHYG) | 0.0% | 20.0% | +19.9 pts | +4.8M sh | +236900% |
| New | VanEck CEF Muni Income ETF (XMPT) | — | 1.2% | +1.2 pts | +560K sh | new |
| Increased | Nuveen Quality Municipal Incom (NAD) | 8.3% | 8.9% | +0.6 pts | +877K sh | +12% |
| New | First Trust Enhanced Short Mat (FTSM) | — | 0.9% | +0.9 pts | +145K sh | new |
| Increased | BlackRock Short Duration Bond (NEAR) | 12.0% | 11.0% | −1.0 pts | +141K sh | +7% |
| Reduced | Allspring Income Opportunities (EAD) | 1.4% | 0.6% | −0.8 pts | −988K sh | −50% |
| Increased | Nuveen AMT-Free Quality Munici (NEA) | 6.7% | 7.0% | +0.4 pts | +555K sh | +9% |
| Increased | BlackRock MuniYield Quality Fu (MYI) | 3.4% | 4.1% | +0.7 pts | +488K sh | +16% |
| Reduced | First Trust High Income Long/S (FSD) | 0.8% | 0.3% | −0.5 pts | −422K sh | −64% |
| New | iShares Preferred and Income S (PFF) | — | 0.5% | +0.5 pts | +153K sh | new |
| Reduced | Western Asset High Income Oppo (HIO) | 2.6% | 1.8% | −0.7 pts | −1.22M sh | −20% |
| Increased | Invesco Municipal Opportunity (VMO) | 4.9% | 5.3% | +0.4 pts | +465K sh | +9% |
| Increased | Invesco Municipal Trust (VKQ) | 2.1% | 2.5% | +0.4 pts | +456K sh | +21% |
| Reduced | BlackRock Limited Duration Inc (BLW) | 0.8% | 0.4% | −0.4 pts | −265K sh | −49% |
| Increased | Invesco Trust for Investment G (VGM) | 2.3% | 2.6% | +0.3 pts | +354K sh | +15% |
| Increased | Eaton Vance Municipal Bond Fun (EIM) | 3.6% | 3.8% | +0.2 pts | +338K sh | +10% |
| New | Invesco S&P 500 High Dividend (SPHD) | — | 0.3% | +0.3 pts | +76,804 sh | new |
| Increased | BlackRock MuniHoldings Fund In (MHD) | 1.7% | 2.0% | +0.3 pts | +273K sh | +19% |
| New | FT Vest S&P 500 Dividend Arist (KNG) | — | 0.3% | +0.3 pts | +61,466 sh | new |
| New | Energy Transfer LP (ET) | — | 0.3% | +0.3 pts | +218K sh | new |
| Reduced | JPMorgan Ultra-Short Income ET (JPST) | 8.5% | 7.0% | −1.5 pts | −48,033 sh | −3% |
| Increased | iShares iBoxx $ High Yield Cor (HYG) | 0.0% | 0.2% | +0.2 pts | +29,926 sh | +3685% |
| Increased | PIMCO Enhanced Short Maturity (MINT) | 1.5% | 1.5% | 0.0 pts | +23,052 sh | +18% |
| Reduced | WP Carey Inc (WPC) | 0.2% | 0.0% | −0.2 pts | −36,598 sh | −95% |
| New | Enterprise Products Partners L (EPD) | — | 0.2% | +0.2 pts | +79,379 sh | new |
| Reduced | BlackRock Credit Allocation In (BTZ) | 0.2% | 0.0% | −0.2 pts | −201K sh | −98% |
| Reduced | New Fortress Energy Inc (NFE) | 0.2% | 0.0% | −0.2 pts | −52,202 sh | −94% |
| New | Alerian MLP ETF (AMLP) | — | 0.2% | +0.2 pts | +47,370 sh | new |
| Reduced | BlackRock MuniVest Fund Inc (MVF) | 1.9% | 1.7% | −0.2 pts | −270K sh | −10% |
| New | MPLX LP (MPLX) | — | 0.2% | +0.2 pts | +48,174 sh | new |
| New | CVR Partners LP (UAN) | — | 0.2% | +0.2 pts | +26,732 sh | new |
| Increased | Bank of NT Butterfield & Son L (NTB) | 0.1% | 0.2% | +0.2 pts | +52,500 sh | +210% |
| New | Global Partners LP/MA (GLP) | — | 0.2% | +0.2 pts | +36,610 sh | new |
| New | Rio Tinto PLC (RIO) | — | 0.1% | +0.1 pts | +20,078 sh | new |
| Increased | iShares 0-5 Year Investment Gr (SLQD) | 1.0% | 1.0% | 0.0 pts | +30,226 sh | +17% |
| New | CrossAmerica Partners LP (CAPL) | — | 0.1% | +0.1 pts | +59,485 sh | new |
| Exited | Pioneer Natural Resources Co (PXD) | 0.1% | — | −0.1 pts | −4,990 sh | −100% |
| New | Kimbell Royalty Partners LP (KRP) | — | 0.1% | +0.1 pts | +88,363 sh | new |
| New | Sunoco LP (SUN) | — | 0.1% | +0.1 pts | +20,874 sh | new |
| Reduced | Hannon Armstrong Sustainable I (HASI) | 0.1% | 0.0% | −0.1 pts | −45,073 sh | −84% |
| Increased | MarketAxess Holdings Inc (MKTX) | 0.0% | 0.2% | +0.1 pts | +4,203 sh | +353% |
| New | Black Stone Minerals LP (BSM) | — | 0.1% | +0.1 pts | +75,731 sh | new |
| New | NuStar Energy LP (NS) | — | 0.1% | +0.1 pts | +63,796 sh | new |
| Reduced | Euronav NV (CMBT) | 0.1% | 0.0% | −0.1 pts | −67,697 sh | −93% |
| New | Delek Logistics Partners LP (DKL) | — | 0.1% | +0.1 pts | +27,063 sh | new |
| Increased | PIMCO California Municipal Inc (PZC) | 0.0% | 0.1% | +0.1 pts | +155K sh | +1024% |
| New | United States Oil Fund LP (USO) | — | 0.1% | +0.1 pts | +16,750 sh | new |
| New | Cheniere Energy Partners LP (CQP) | — | 0.1% | +0.1 pts | +21,612 sh | new |
| New | Exxon Mobil Corp (XOM) | — | 0.1% | +0.1 pts | +10,750 sh | new |
The 50 largest of 157 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:
- Viper Energy Inc (VNOM): 92763M105 → 927959106, 43,219 → 37,566 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 72.0% of the equity book
Changes in the top 10 this quarter: SHYG entered · VKQ entered · TLT left · HIO left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | iShares 0-5 Year High Yield Co (SHYG) | 0.0% | 20.0% | Entered the top 10 |
| 2 | BlackRock Short Duration Bond (NEAR) | 12.0% | 11.0% | |
| 3 | Nuveen Quality Municipal Incom (NAD) | 8.3% | 8.9% | |
| 4 | Nuveen AMT-Free Quality Munici (NEA) | 6.7% | 7.0% | |
| 5 | JPMorgan Ultra-Short Income ET (JPST) | 8.5% | 7.0% | |
| 6 | Invesco Municipal Opportunity (VMO) | 4.9% | 5.3% | |
| 7 | BlackRock MuniYield Quality Fu (MYI) | 3.4% | 4.1% | |
| 8 | Eaton Vance Municipal Bond Fun (EIM) | 3.6% | 3.8% | |
| 9 | Invesco Trust for Investment G (VGM) | 2.3% | 2.6% | |
| 10 | Invesco Municipal Trust (VKQ) | 2.1% | 2.5% | Entered the top 10 |
| — | iShares 20 Year Treasury Bond (TLT) | 22.2% | 0.0% | Left the top 10 |
| — | Western Asset High Income Oppo (HIO) | 2.6% | 1.8% | 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).