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Portfolio (Quarterly) Guide ↗

IAT REINSURANCE CO LTD.

· CIK 0001633625
13F Portfolio $341M AUM Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 71 New
Page 4 of 4  ·  71 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 LADENBURG THALMAN FIN SVCS INC 5,000.0 $112K 0.03% NEW $22.50
62 OFFICE PPTYS INCOME TR 40,000.0 $75K 0.02% NEW $1.87
63 CBL CBL & ASSOC PPTYS INC Real Estate 658.0 $24K 0.01% NEW $37.00 +24.8%
64 ADNT ADIENT LTD Consumer Cyclical 1,193.0 $23K 0.01% NEW $19.17 +7.7%
65 SVB FINL TR 240,000.0 $19K 0.01% NEW $0.08
66 KALU KAISER ALUM CORP DEPOSITARY S CMN Basic Materials 70.0 $8K 0.00% NEW $114.86 +47.4%
67 BB LIQUIDATING INC - CLASS A 54,211.0 $813.0 NEW $0.01
68 BB LIQUIDATING INC - CLASS B 54,211.0 $434.0 NEW $0.01
69 CAL DIVE INTERNATIONAL INC 500,000.0 $50.0 NEW $0.00
70 ROOMSTORE INC - CMN 43,661.0 $4.0 NEW $0.00
71 CORSA COAL CORP 2,226,000.0 $2.0 NEW $0.00
Page 4 of 4  ·  71 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 28.8%
Technology 18.9%
Basic Materials 15.2%
Healthcare 13.9%
Industrials 9.9%
Consumer Cyclical 5.0%
Energy 4.3%
Utilities 3.4%
Consumer Defensive 0.7%
Real Estate 0.0%