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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 1 of 4  ·  71 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 MERC MERCER INTERNATIONAL INC SBI Basic Materials 17,220,000.0 $34.1M 9.98% NEW $1.98 -53.0%
2 GLW CORNING INC Technology 368,350.0 $32.3M 9.45% NEW $87.56 +119.1%
3 AMGN AMGEN INC Healthcare 92,500.0 $30.3M 8.87% NEW $327.31 -0.9%
4 SRL SCULLY ROYALTY LTD Financial Services 3,416,664.0 $29.2M 8.55% NEW $8.55 -28.3%
5 NAM TAI PROPERTY INC 5,774,800.0 $24.8M 7.27% NEW $4.30
6 NAM TAI G63907-10-2 PRIVATE 5,336,452.0 $22.9M 6.72% NEW $4.30
7 GS GOLDMAN SACHS GROUP INC Financial Services 21,050.0 $18.5M 5.42% NEW $879.00 +7.9%
8 HLIO HELIOS TECHNOLOGIES INC Industrials 300,000.0 $16.0M 4.70% NEW $53.49 +44.0%
9 ARGONAUT GROUP STATUTORY TR - CALL 12,000.0 $12.0M 3.51% NEW $1000.00
10 MTN VAIL RESORTS INC. Consumer Cyclical 84,000.0 $11.2M 3.27% NEW $132.80 -8.5%
11 XOM EXXON MOBIL CORP Energy 79,600.0 $9.6M 2.81% NEW $120.34 +31.2%
12 DELPHI FINANCIAL GROUP - CALLABLE 328,790.0 $8.1M 2.36% NEW $24.50
13 AMD ADVANCED MICRO DEVICES INC Technology 33,936.0 $7.3M 2.13% NEW $214.16 +96.6%
14 TVE TENNESSEE VALLEY AUTHORITY Financial Services 260,000.0 $6.4M 1.87% NEW $24.51 -4.4%
15 WINTRUST FINANCIAL CORP-CALL 220,000.0 $5.7M 1.68% NEW $26.05
16 AQNB ALGONQUIN POWER & UTILITIES CORP Utilities 200,000.0 $5.1M 1.50% NEW $25.55 +2.0%
17 GE GENERAL ELECTRIC CO Industrials 15,125.0 $4.7M 1.36% NEW $308.03 -8.6%
18 KKR & CO INC 180,000.0 $4.6M 1.36% NEW $25.72
19 WSBCO WESBANCO INC - CALLABLE Financial Services 130,000.0 $3.4M 0.98% NEW $25.79 -0.3%
20 TVC TENNESSEE VALLEY AUTHORITY PARRS Financial Services 120,000.0 $2.9M 0.84% NEW $24.05 -0.2%
Page 1 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%