Q4 2025 · 13F-HR
DELPHI FINANCIAL GROUP, INC.holdings as filed
Filed 2026-02-11 · accession 0001193125-26-045693
$200.3M
Reported value
28
Positions
2025-12-31
Period end
The Brief · DELPHI FINANCIAL GROUP, INC. · Q4 2025
AI · grounded in 13F
DELPHI FINANCIAL GROUP, INC. established a new position in WMT valued at $6.32M. The fund also opened new stakes in UNH for $2.72M and UPS for $2.23M. Additionally, the manager increased holdings in VTI by 239.85%, FXI by 33.61%, and ASHR by 33.23%. The only reduction in the portfolio was a 69.99% trim of CZR.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 47103U845 | JAAA | JANUS HENDERSON AAA CLO ETF | $42.8M | 21.4% | 846,695 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER LP | $23.4M | 11.7% | 1,421,945 | Common | SOLE |
| 233051879 | ASHR | XTRACKERS HARVEST CSI 300 CHI | $19.4M | 9.68% | 590,280 | Common | SOLE |
| 464287184 | FXI | ISHARES CHINA LARGE-CAP ETF | $18.2M | 9.11% | 476,390 | Common | SOLE |
| 874039100 | TSM | TSMC | $14.5M | 7.26% | 47,830 | Common | SOLE |
| 922908769 | VTI | VANGUARD TOTAL STOCK MARKET E | $13.9M | 6.93% | 41,400 | Common | SOLE |
| 28852N109 | EFC | ELLINGTON FINANCIAL INC | $9.8M | 4.89% | 721,757 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $6.3M | 3.16% | 56,760 | Common | SOLE |
| 023135106 | AMZN | AMAZON.COM INC | $5.5M | 2.77% | 24,000 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $5.2M | 2.61% | 10,800 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $4.9M | 2.45% | 25,220 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORP | $4.1M | 2.02% | 36,720 | Common | SOLE |
| 485924104 | KRMN | KARMAN HOLDINGS INC | $4.0M | 2.00% | 54,645 | Common | SOLE |
| 50077B207 | KTOS | KRATOS DEFENSE & SECURITY SOL | $3.3M | 1.67% | 44,030 | Common | SOLE |
| 288578107 | EARN | ELLINGTON CREDIT CO | $3.2M | 1.60% | 608,700 | Common | SOLE |
| 008073108 | AVAV | AEROVIRONMENT INC | $2.9M | 1.46% | 12,085 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC | $2.7M | 1.37% | 116,890 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $2.7M | 1.36% | 8,240 | Common | SOLE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $2.2M | 1.11% | 22,470 | Common | SOLE |
| 691543847 | OXLC | OXFORD LANE CAP CORP | $2.1M | 1.06% | 145,030 | Common | SOLE |
| 09257WAE0 | BXMT 5.5 03/15/27 | BLACKSTONE MORTGAGE TR | $2.0M | 0.98% | 2,000,000 | Common | SOLE |
| 90187BAB7 | TWO 6.25 01/15/26 | TWO HARBORS INV CORP | $1.5M | 0.75% | 1,509,000 | Common | SOLE |
| 55272X607 | MFA | MFA FINL INC | $1.3M | 0.67% | 144,000 | Common | SOLE |
| 47103U753 | JBBB | JANUS DETROIT STR TR | $1.2M | 0.60% | 25,000 | Common | SOLE |
| 04013V108 | ACRE | ARES COML REAL ESTATE CORP | $1.0M | 0.51% | 214,937 | Common | SOLE |
| 83012A109 | TSLX | SIXTH STREET SPECIALTY LENDI | $695,931 | 0.35% | 32,041 | Common | SOLE |
| 12510Q100 | CCC | CCC INTELLIGENT SOLUTIONS HL | $608,406 | 0.30% | 76,529 | Common | SOLE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $505,750 | 0.25% | 25,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.