13F COMBINATION REPORT
IAT REINSURANCE CO LTD.
Quarter ended Q1 2024 · Filed May 9, 2024 · Accession 0001214659-24-008652
Total Value
$225.0M
Positions
81
Other Managers
9
Confidential Omitted
No
Holdings (81)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | GOLDMAN SACHS GROUP INC | GSCE | 111,500 | $29.9M | 13.29% |
| 2 | NAM TAI G63907-10-2 PRIVATE | G63907PP1 | 5,336,452 | $22.9M | 10.17% |
| 3 | SELECTIVE INS GROUP INC | 816300107 | 200,000 | $21.8M | 9.70% |
| 4 | RAYMOND JAMES FNCL INC | 754730109 | 298,125 | $14.2M | 6.31% |
| 5 | ADVANCED MICRO DEVICES INC | AMD | 68,936 | $12.4M | 5.53% |
| 6 | CORNING INC | GLW | 367,350 | $12.1M | 5.38% |
| 7 | VAIL RESORTS INC. | MTN | 84,000 | $11.1M | 4.95% |
| 8 | AMGEN INC | AMGN | 92,500 | $7.1M | 3.16% |
| 9 | HELIOS TECHNOLOGIES INC | HLIO | 300,000 | $6.7M | 2.98% |
| 10 | JEFFERIES FINANCIAL GROUP INC | 47233W109 | 360,872 | $6.6M | 2.95% |
| 11 | MERCER INTERNATIONAL INC SBI | 588056101 | 16,480,000 | $6.3M | 2.79% |
| 12 | EMERSON ELEC CO | EMR | 80,000 | $5.7M | 2.52% |
| 13 | BOEING CO | BA-PA | 27,400 | $5.3M | 2.35% |
| 14 | BLACKSTONE GROUP INC CLASS A | BX | 38,000 | $5.0M | 2.22% |
| 15 | DELPHI FINANCIAL GROUP - CALLABLE | 247131303 | 328,790 | $4.0M | 1.78% |
| 16 | TENNESSEE VALLEY AUTHORITY | TVC | 260,000 | $3.0M | 1.35% |
| 17 | WELLS FARGO & CO NEW COM STK | 949746101 | 50,000 | $2.9M | 1.29% |
| 18 | DISNEY WALT CO | 254687106 | 23,070 | $2.8M | 1.25% |
| 19 | TENNESSEE VALLEY AUTHORITY PARRS | 880591300 | 120,000 | $2.7M | 1.18% |
| 20 | AFFILIATED MANAGERS GROUP INC-CALL | MGRE | 200,000 | $2.6M | 1.14% |
| 21 | VOLKSWAGEN AG | 928CNV760 | 16,000 | $2.4M | 1.09% |
| 22 | ARGONAUT GROUP STATUTORY TR - CALL | 8AMCSFQW9 | 12,000 | $2.0M | 0.89% |
| 23 | JACOBS SOLUTIONS INC | J | 12,550 | $1.9M | 0.86% |
| 24 | SCULLY ROYALTY LTD | SRL | 3,416,664 | $1.9M | 0.83% |
| 25 | TE CONNECTIVITY LIMITED | TEL | 12,500 | $1.8M | 0.81% |
| 26 | SCHWAB CHARLES CORP NEW | SCHW-PJ | 25,000 | $1.8M | 0.80% |
| 27 | MCDONALDS CORP | MCD | 6,250 | $1.8M | 0.78% |
| 28 | NAM TAI PROPERTY INC | NTPIF | 5,774,800 | $1.7M | 0.76% |
| 29 | CHEVRON CORPORATION | CVX | 16,000 | $1.6M | 0.70% |
| 30 | ENERGY TRANSFER L P | ET-PI | 120,000 | $1.0M | 0.45% |
| 31 | ALGONQUIN POWER & UTILITIES CORP | AQNB | 80,000 | $1.0M | 0.44% |
| 32 | PROSPECT CAP CORP | PSEC-PA | 50,000 | $954,500 | 0.42% |
| 33 | CHEVRON CORPORATION | CVX | 16,000 | $946,440 | 0.42% |
| 34 | COBANK ACB | 19075Q862 | 41,196 | $942,754 | 0.42% |
| 35 | PROCTER & GAMBLE CO | 742718109 | 5,700 | $924,825 | 0.41% |
| 36 | AXIS CAPITAL HOLDINGS-CALLABLE | AXS-PE | 70,000 | $906,800 | 0.40% |
| 37 | EAGLE POINT CREDIT CO-CALLABLE | ECCW | 120,000 | $896,800 | 0.40% |
| 38 | DIAMOND OFFSHORE DRILLING INC | 25271C201 | 208,583 | $853,523 | 0.38% |
| 39 | CUSTOMERS BANCORP INC | CUBB | 40,000 | $791,380 | 0.35% |
| 40 | JOHNSON CTLS INTL PLC | G51502105 | 23,874 | $779,725 | 0.35% |
| 41 | GENERAL ELECTRIC CO | 369604301 | 15,125 | $767,944 | 0.34% |
| 42 | FOX CORP CLASS B | FOX | 25,028 | $716,301 | 0.32% |
| 43 | CHINA FUND INC | 169373107 | 68,399 | $683,306 | 0.30% |
| 44 | SPECTRUM BRANDS HOLDINGS INC | SPB | 12,799 | $669,711 | 0.30% |
| 45 | BERKSHIRE HATHAWAY INC DEL CL A | BRK-A | 1 | $634,440 | 0.28% |
| 46 | US BANCORP -CALLABLE | 902973668 | 60,000 | $627,300 | 0.28% |
| 47 | BP P.L.C. SPONSORED ADR - CMN | BPPFF | 15,000 | $565,200 | 0.25% |
| 48 | HUDSON PACIFIC PROPERTIES INC-CALL | HPP-PC | 55,000 | $564,000 | 0.25% |
| 49 | HEARTLAND FINANCIAL USA-CALLABLE | 42234Q201 | 22,500 | $560,025 | 0.25% |
| 50 | NATIONAL RETAIL PPTYS INC | NNN | 13,000 | $555,620 | 0.25% |
| 51 | B RILEY FINANCIAL INC - CALLABLE | 05580M819 | 140,000 | $544,000 | 0.24% |
| 52 | EXXON MOBIL CORP | XOM | 79,600 | $534,704 | 0.24% |
| 53 | ATHENE HOLDING LTD-CALLABLE | ATHS | 70,000 | $510,200 | 0.23% |
| 54 | BROOKFIELD BRP HLDGS INC-CALLABLE | 11259P307 | 20,000 | $500,200 | 0.22% |
| 55 | FARM CREDIT BK OF TEXAS-CALL-144A | 30767E406 | 44,000 | $497,500 | 0.22% |
| 56 | CORSA COAL CORP | 22041E609 | 2,226,000 | $476,364 | 0.21% |
| 57 | ATLANTICUS HOLDINS CORP - CALL | ATLCZ | 20,000 | $474,746 | 0.21% |
| 58 | PHI GROUP INC | 69360B104 | 39,712 | $432,861 | 0.19% |
| 59 | VITESSE ENERGY INC | VTS | 42,469 | $419,641 | 0.19% |
| 60 | ABBVIE INC | ABBV | 1,948 | $354,731 | 0.16% |
| 61 | BANK OZK | OZKAP | 60,000 | $347,900 | 0.15% |
| 62 | SLM CORP PFD SERIES B | SLMBP | 4,500 | $342,360 | 0.15% |
| 63 | INTL BUSINESS MACHINES CORP | INTR | 1,500 | $286,440 | 0.13% |
| 64 | CONIFER HOLDINGS INC | PRHIZ | 250,000 | $282,475 | 0.13% |
| 65 | OFFICE PPTYS INCOME TR | 67623C208 | 40,000 | $220,400 | 0.10% |
| 66 | GE HEALTHCARE TECHNOLOGIES INC | GEHC | 5,040 | $132,547 | 0.06% |
| 67 | LADENBURG THALMAN FIN SVCS INC | 50575Q300 | 5,000 | $93,500 | 0.04% |
| 68 | ADIENT LTD | ADNT | 1,193 | $39,274 | 0.02% |
| 69 | WESTINGHOUSE AIR BRAKE TECH CORP | 929740108 | 647 | $27,242 | 0.01% |
| 70 | NOW INC DE | DNOW | 1,100 | $16,720 | 0.01% |
| 71 | CBL & ASSOC PPTYS INC | 124830878 | 658 | $15,075 | 0.01% |
| 72 | KYNDRYL HLDGS INC | KD | 300 | $6,528 | 0.00% |
| 73 | KAISER ALUM CORP DEPOSITARY S CMN | KALU | 70 | $6,255 | 0.00% |
| 74 | CAL DIVE INTERNATIONAL INC | 12802T101 | 500,000 | $500 | 0.00% |
| 75 | BB LIQUIDATING INC - CLASS A | 05532D107 | 54,211 | $98 | 0.00% |
| 76 | WELLS FARGO & COMPANY PFT SERIES J | WFC-PZ | 387 | $74 | 0.00% |
| 77 | BB LIQUIDATING INC - CLASS B | 05532D206 | 54,211 | $5 | 0.00% |
| 78 | ROOMSTORE INC - CMN | 77638R108 | 43,661 | $4 | 0.00% |
| 79 | MYMETICS CORP | 62856A300 | 1,092 | $3 | 0.00% |
| 80 | MEDLEY LLC ESCROW | 585ESC023 | 40,000 | $2 | 0.00% |
| 81 | ESC PFD MEDLEY LLC ESCROW | 585ESC015 | 40,000 | $0 | 0.00% |