13F HOLDINGS REPORT
Delphi Financial Group, Inc.
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001193125-25-281563
Total Value
$177.8M
Positions
23
Other Managers
2
Confidential Omitted
No
Holdings (23)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | JANUS HENDERSON AAA CLO ETF | 47103U845 | 846,695 | $43.0M | 24.18% |
| 2 | ENERGY TRANSFER LP | ET-PI | 1,421,945 | $24.4M | 13.72% |
| 3 | ISHARES CHINA LARGE-CAP ETF | 464287184 | 356,550 | $14.7M | 8.25% |
| 4 | XTRACKERS HARVEST CSI 300 CHI | 233051879 | 443,060 | $14.6M | 8.21% |
| 5 | TSMC | 874039100 | 47,830 | $13.4M | 7.51% |
| 6 | CAESARS ENTERTAINMENT INC | 12769G100 | 389,580 | $10.5M | 5.92% |
| 7 | ELLINGTON FINANCIAL INC | EFC-PD | 721,757 | $9.4M | 5.27% |
| 8 | CHENIERE ENERGY INC | LNG | 25,220 | $5.9M | 3.33% |
| 9 | MICROSOFT CORP | MSFT | 10,800 | $5.6M | 3.15% |
| 10 | AMAZON.COM INC | AMZN | 24,000 | $5.3M | 2.96% |
| 11 | KRATOS DEFENSE & SECURITY SOL | 50077B207 | 44,030 | $4.0M | 2.26% |
| 12 | VANGUARD TOTAL STOCK MARKET E | 922908769 | 12,182 | $4.0M | 2.25% |
| 13 | KARMAN HOLDINGS INC | KRMN | 54,645 | $3.9M | 2.22% |
| 14 | EXPAND ENERGY CORP | EXE | 36,720 | $3.9M | 2.19% |
| 15 | AEROVIRONMENT INC | AVAV | 12,085 | $3.8M | 2.14% |
| 16 | ELLINGTON CREDIT CO | ELLA | 608,700 | $3.3M | 1.87% |
| 17 | BLACKSTONE MORTGAGE TR | 09257WAE0 | 2,000,000 | $2.0M | 1.11% |
| 18 | TWO HARBORS INV CORP | 90187BAB7 | 1,509,000 | $1.5M | 0.84% |
| 19 | MFA FINL INC | 55272X607 | 144,000 | $1.3M | 0.74% |
| 20 | JANUS DETROIT STR TR | 47103U753 | 25,000 | $1.2M | 0.68% |
| 21 | ARES COML REAL ESTATE CORP | 04013V108 | 214,937 | $969,366 | 0.55% |
| 22 | CCC INTELLIGENT SOLUTIONS HL | CCC | 76,529 | $697,179 | 0.39% |
| 23 | SIXTH STREET SPECIALTY LENDI | TSLX | 20,041 | $458,137 | 0.26% |