Institutional Manager · CIK 0001365555
Amtrust Financial Services, Inc.
New York, NY · File #028-17705
Latest AUM
$315.6M
Positions
15
Top-10 Concentration
97.3%
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 |
|---|---|---|---|---|---|
| NEW | CIRCLE INTERNET GROUP INC | CRCL | +129,378 | +$10.3M | $0 |
| EXITED | NEW MTN FIN CORP | 647551AE0 | -1,508,000 | -$1.5M | $0 |
| REDUCE | CAPITAL SOUTHWEST CORP | CSWC | 0 | $0 | +$840 |
| REDUCE | CLIPPER RLTY INC | 18885T306 | 0 | $0 | +$4,639 |
| REDUCE | GE HEALTHCARE TECHNOLOGIES I | GEHC | 0 | $0 | +$21,625 |
| REDUCE | INVESCO QQQ TR | IVZ | 0 | $0 | +$149,568 |
| REDUCE | ISHARES BITCOIN TRUST ETF | IBIT | 0 | $0 | -$537,250 |
| REDUCE | ISHARES TR | 464287655 | 0 | $0 | +$93,240 |
| REDUCE | ISHARES TR | 464287200 | 0 | $0 | +$2.4M |
| REDUCE | ISHARES TR | 464288646 | 0 | $0 | -$55,170 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202515 pos · $315.6M
- 13F HOLDINGS REPORTQ/E Sep 202515 pos · $300.7M
- 13F HOLDINGS REPORTQ/E Jun 202515 pos · $281.8M
- 13F HOLDINGS REPORTQ/E Mar 202515 pos · $207.3M
- 13F HOLDINGS REPORTQ/E Dec 202415 pos · $221.6M
- 13F HOLDINGS REPORTQ/E Sep 202414 pos · $216.9M
- 13F HOLDINGS REPORTQ/E Jun 202414 pos · $205.6M
- 13F HOLDINGS REPORTQ/E Mar 202415 pos · $199.7M
- 13F HOLDINGS REPORTQ/E Dec 202314 pos · $168.4M
Top 15 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908363 | 196,400 | $123.2M | 39.02% |
| 2 | ISHARES TR | 464287200 | 150,300 | $102.9M | 32.62% |
| 3 | ISHARES TR | 464288646 | 367,800 | $19.4M | 6.16% |
| 4 | VANGUARD INDEX FDS | 922908637 | 45,800 | $14.4M | 4.57% |
| 5 | CIRCLE INTERNET GROUP INC | CRCL | 129,378 | $10.3M | 3.25% |
| 6 | ISHARES TR | 464287226 | 98,560 | $9.8M | 3.12% |
| 7 | SPDR SERIES TRUST | 78464A375 | 270,400 | $9.1M | 2.90% |
| 8 | SPDR SERIES TRUST | 78464A649 | 250,600 | $6.5M | 2.04% |
| 9 | INVESCO QQQ TR | IVZ | 9,600 | $5.9M | 1.87% |
| 10 | ISHARES TR | 464287655 | 22,200 | $5.5M | 1.73% |
| 11 | LEMONADE INC | LMND | 56,644 | $4.0M | 1.28% |
| 12 | ISHARES BITCOIN TRUST ETF | IBIT | 35,000 | $1.7M | 0.55% |
| 13 | CAPITAL SOUTHWEST CORP | CSWC | 1,680,000 | $1.7M | 0.53% |
| 14 | CLIPPER RLTY INC | 18885T306 | 231,949 | $886,045 | 0.28% |
| 15 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 3,125 | $256,312 | 0.08% |