Institutional Manager · CIK 0001397424

WBI INVESTMENTS, LLC

RED BANK, NJ · File #028-12525

Latest AUM

$383.6M

Positions

484

Top-10 Concentration

57.5%

Filings

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
REDUCE	ABSOLUTE SHS TR	00400R700	-112,072	-$2.6M	+$299,552
EXITED	KRAFT HEINZ CO	500754106	-93,868	-$2.4M	$0
REDUCE	ABSOLUTE SHS TR	00400R809	-65,702	-$2.3M	+$266,768
EXITED	LYONDELLBASELL INDUSTRIES N	n53745100	-42,383	-$2.1M	$0
NEW	EASTMAN CHEM CO	EMN	+31,688	+$2.0M	$0
REDUCE	AES CORP	AES	-139,719	-$2.0M	+$236,223
REDUCE	ABSOLUTE SHS TR	00400R601	-64,602	-$2.0M	-$78,433
EXITED	INTERDIGITAL INC	45867G101	-5,146	-$1.8M	$0
REDUCE	MACYS INC	55616P104	-77,890	-$1.7M	+$502,822
REDUCE	KLA CORP	KLAC	-1,296	-$1.6M	+$196,521

Sector Allocation

12.3%$47.1M

9.2%$35.5M

4.7%$18.2M

4.4%$16.9M

Consumer Discretionary

3.9%$15.0M

Consumer Staples

3.5%$13.4M

Energy

2.1%$8.1M

Communication Services

2.1%$8.0M

Utilities

1.3%$5.0M

Materials

1.0%$3.8M

Filing History

Feb 13, 202613F HOLDINGS REPORTQ/E Dec 2025484 pos · $383.6M
Nov 20, 202513F HOLDINGS REPORTQ/E Sep 2025464 pos · $391.1M
Aug 11, 202513F HOLDINGS REPORTQ/E Jun 2025415 pos · $385.3M
May 22, 202513F HOLDINGS REPORTQ/E Mar 2025315 pos · $379.8M
Feb 14, 202513F HOLDINGS REPORTQ/E Dec 2024290 pos · $400.3M
Nov 12, 202413F HOLDINGS REPORTQ/E Sep 2024329 pos · $416.4M
Jul 30, 202413F HOLDINGS REPORTQ/E Jun 2024221 pos · $412.6M
May 3, 202413F HOLDINGS REPORTQ/E Mar 2024262 pos · $480.8M
Nov 9, 202313F HOLDINGS REPORTQ/E Dec 2023228 pos · $496.9M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ABSOLUTE SHS TR	00400R858	785,446	$25.1M	12.79%
2	ABSOLUTE SHS TR	00400R809	544,469	$18.9M	9.63%
3	ABSOLUTE SHS TR	00400R700	789,915	$18.5M	9.42%
4	ABSOLUTE SHS TR	00400R601	525,564	$16.3M	8.28%
5	VICTORY PORTFOLIOS II	92647X830	165,435	$6.5M	3.31%
6	INVESCO QQQ TR	IVZ	10,519	$6.5M	3.29%
7	INVESCO EXCH TRADED FD TR II	IVZ	22,943	$5.8M	2.95%
8	DIREXION SHS ETF TR	25460E307	184,776	$5.5M	2.78%
9	SCHWAB STRATEGIC TR	808524102	190,378	$5.0M	2.54%
10	SPDR SERIES TRUST	78464A805	60,128	$5.0M	2.52%
11	KRANESHARES TRUST	500767678	123,829	$4.4M	2.23%
12	BRISTOL-MYERS SQUIBB CO	CELG-RI	66,457	$3.6M	1.82%
13	ONEOK INC NEW	OKE	44,183	$3.2M	1.65%
14	UNITED PARCEL SERVICE INC	UPS	31,393	$3.1M	1.58%
15	PFIZER INC	PFE	124,573	$3.1M	1.58%
16	VERIZON COMMUNICATIONS INC	VZ	74,968	$3.1M	1.55%
17	PACER FDS TR	69374H105	53,541	$3.0M	1.51%
18	VANECK ETF TRUST	92189F676	7,941	$2.9M	1.46%
19	INVESCO EXCH TRADED FD TR II	IVZ	50,847	$2.8M	1.44%
20	EDISON INTL	281020107	46,443	$2.8M	1.42%