Portfolio concentration
As of March 31, 2026 · N-PORT
Holdings
37
Top-10 weight
51.26%
Effective holdings
?
The number of equal-weight positions that would produce this portfolio's concentration (1 ÷ Herfindahl index). A 500-stock fund dominated by a few mega-caps might have only ~100 effective holdings.
23
Crowding
?
The value-weighted average number of funds that also own this fund's positions. High = consensus/crowded picks; low = holdings few other funds own.
81.7
Holdings
As of March 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | COMMON STOCK | — | 196,288 | $9.81M | 7.88% |
| 2 | Pyxus Holdings Inc | — | 10,845,675 | $9.65M | 7.75% |
| 3 | REPURCHASE AGREEMENT | — | 7,775,657 | $7.78M | 6.24% |
| 4 | Tidewater Inc. | — | 5,000,000 | $5.32M | 4.27% |
| 5 | KB HOME SR UNSEC 7.25% 07-15-30 | KBH | 5,000,000 | $5.09M | 4.09% |
| 6 | XPO INC REGD 144A P/P 6.25000000 | XPO | 5,000,000 | $5.06M | 4.06% |
| 7 | HOUS 7 04/15/30 144A | HOUS | 5,000,000 | $5.01M | 4.02% |
| 8 | SS&C Technologies, Inc. | — | 5,000,000 | $5.00M | 4.02% |
| 9 | MOOG INC REGD 144A P/P 4.25000000 | MOGA | 5,000,000 | $5.00M | 4.01% |
| 10 | PITNEY BOWES INC REGD 144A P/P 6.87500000 | PBI | 5,000,000 | $4.99M | 4.00% |
| 11 | UNDER ARMOUR INC SR UNSECURED 06/26 3.25 | — | 5,000,000 | $4.98M | 4.00% |
| 12 | Comstock Resources, Inc. | — | 5,000,000 | $4.94M | 3.96% |
| 13 | LPX 3 5/8 03/15/29 | LPX | 5,000,000 | $4.79M | 3.85% |
| 14 | DARLING INGREDIENTS INC REGD 144A P/P 5.25000000 | DAR | 4,750,000 | $4.75M | 3.81% |
| 15 | Chemours Co/The 4.63 11/15/2029 | CC | 5,000,000 | $4.70M | 3.78% |
| 16 | BUILDERS FIRSTSOURCE INC REGD 144A P/P 4.25000000 | BLDR | 5,000,000 | $4.60M | 3.69% |
| 17 | IRON MOUNTAIN INC REGD 144A P/P 5.62500000 | IRM | 4,000,000 | $3.88M | 3.12% |
| 18 | ALTICE SA SR SECURED 144A 11/29 9.5 | SFRFP | 3,810,979 | $3.85M | 3.09% |
| 19 | NABORS INDS LTD | — | 42,311 | $3.64M | 2.92% |
| 20 | FTAI AVIATION INVESTORS REGD 144A P/P 5.50000000 | FTAI | 3,159,000 | $3.16M | 2.53% |
| 21 | GRAPHIC PACKAGING INTL INC 4.75% 07/15/2027 144A | GPK | 3,000,000 | $2.98M | 2.39% |
| 22 | NL INDUSTRIES | — | 510,200 | $2.97M | 2.39% |
| 23 | COMMON STOCK | — | 1,597,765 | $2.45M | 1.97% |
| 24 | 3.875% MTY 02/15/29 | — | 2,000,000 | $1.91M | 1.54% |
| 25 | EAT 8 1/4 07/15/30 | — | 1,130,000 | $1.19M | 0.95% |
| 26 | FRN WARRANTS SEPARATED | — | 34,386,574 | $1.18M | 0.95% |
| 27 | COMMON STOCK | — | 149,939 | $1.09M | 0.87% |
| 28 | Iron Mountain Inc. | — | 1,000,000 | $938.71K | 0.75% |
| 29 | TALOS ENERGY INC | — | 35,718 | $562.92K | 0.45% |
| 30 | COMMON STOCK | LUX3 | 22,638 | $388.55K | 0.31% |
| 31 | 8% MTY 11/4/30 | — | 633,378 | $266.02K | 0.21% |
| 32 | GET FP | — | 7,349 | $157.73K | 0.13% |
| 33 | SMURFIT WESTROCK | — | 3,626 | $144.50K | 0.12% |
| 34 | COMMON STOCK | — | 22,614 | $45.23K | 0.04% |
| 35 | INGEVITY CORP | — | 602 | $42.88K | 0.03% |
| 36 | COMMON STOCK | — | 22,417 | $11.21K | 0.01% |
| 37 | COMMON STOCK | KEGXD | 129 | $310 | 0.00% |
| 38 | METALS RECOVERY HOLDINGS LLC | — | 21,539 | $0 | 0.00% |
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.