Institutional Manager · CIK 0000859139
Delphi Financial Group, Inc.
Wilmington, DE · File #028-15443
Latest AUM
$200.3M
Positions
28
Top-10 Concentration
79.5%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | VANGUARD TOTAL STOCK MARKET E | 922908769 | +29,218 | +$9.8M | +$86,492 |
| REDUCE | CAESARS ENTERTAINMENT INC | 12769G100 | -272,690 | -$6.4M | -$1.4M |
| NEW | WALMART INC | WMT | +56,760 | +$6.3M | $0 |
| ADD | XTRACKERS HARVEST CSI 300 CHI | 233051879 | +147,220 | +$4.8M | -$44,306 |
| ADD | ISHARES CHINA LARGE-CAP ETF | 464287184 | +119,840 | +$4.6M | -$1.0M |
| NEW | UNITEDHEALTH GROUP INC | UNH | +8,240 | +$2.7M | $0 |
| NEW | UNITED PARCEL SERVICE INC | UPS | +22,470 | +$2.2M | $0 |
| NEW | OXFORD LANE CAP CORP | OXLCZ | +145,030 | +$2.1M | $0 |
| NEW | ARES CAPITAL CORP | ARCC | +25,000 | +$505,750 | $0 |
| ADD | SIXTH STREET SPECIALTY LENDI | TSLX | +12,000 | +$260,640 | -$22,846 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202528 pos · $200.3M
- 13F HOLDINGS REPORTQ/E Sep 202523 pos · $177.8M
- 13F HOLDINGS REPORTQ/E Jun 202522 pos · $141.8M
- 13F HOLDINGS REPORTQ/E Mar 202522 pos · $165.8M
- 13F COMBINATION REPORTQ/E Dec 202424 pos · $189.0M
- 13F HOLDINGS REPORTQ/E Sep 202421 pos · $177.1M
- 13F HOLDINGS REPORTQ/E Jun 202423 pos · $177.7M
- 13F COMBINATION REPORTQ/E Mar 202423 pos · $154.7M
- 13F COMBINATION REPORTQ/E Dec 202320 pos · $206.8M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | JANUS HENDERSON AAA CLO ETF | 47103U845 | 846,695 | $42.8M | 21.38% |
| 2 | ENERGY TRANSFER LP | ET-PI | 1,421,945 | $23.4M | 11.71% |
| 3 | XTRACKERS HARVEST CSI 300 CHI | 233051879 | 590,280 | $19.4M | 9.68% |
| 4 | ISHARES CHINA LARGE-CAP ETF | 464287184 | 476,390 | $18.2M | 9.11% |
| 5 | TSMC | 874039100 | 47,830 | $14.5M | 7.26% |
| 6 | VANGUARD TOTAL STOCK MARKET E | 922908769 | 41,400 | $13.9M | 6.93% |
| 7 | ELLINGTON FINANCIAL INC | EFC-PD | 721,757 | $9.8M | 4.89% |
| 8 | WALMART INC | WMT | 56,760 | $6.3M | 3.16% |
| 9 | AMAZON.COM INC | AMZN | 24,000 | $5.5M | 2.77% |
| 10 | MICROSOFT CORP | MSFT | 10,800 | $5.2M | 2.61% |
| 11 | CHENIERE ENERGY INC | LNG | 25,220 | $4.9M | 2.45% |
| 12 | EXPAND ENERGY CORP | EXE | 36,720 | $4.1M | 2.02% |
| 13 | KARMAN HOLDINGS INC | KRMN | 54,645 | $4.0M | 2.00% |
| 14 | KRATOS DEFENSE & SECURITY SOL | 50077B207 | 44,030 | $3.3M | 1.67% |
| 15 | ELLINGTON CREDIT CO | ELLA | 608,700 | $3.2M | 1.60% |
| 16 | AEROVIRONMENT INC | AVAV | 12,085 | $2.9M | 1.46% |
| 17 | CAESARS ENTERTAINMENT INC | 12769G100 | 116,890 | $2.7M | 1.37% |
| 18 | UNITEDHEALTH GROUP INC | UNH | 8,240 | $2.7M | 1.36% |
| 19 | UNITED PARCEL SERVICE INC | UPS | 22,470 | $2.2M | 1.11% |
| 20 | OXFORD LANE CAP CORP | OXLCZ | 145,030 | $2.1M | 1.06% |