Filed: 11/14/2025ACC: 0001478394-25-000004
📋 What this filing means
EMG HOLDINGS, L.P. filed this quarterly 13F‑HR report disclosing 24 equity positions with a total reported market value of $266.13M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
24
Positions
$266.13M
Total AUM (reported)
8.95M
Total Shares
Allocation by class
COM$77.84M29.2%
TR UNIT$66.62M25.0%
RUSSELL 2000 ETF$41.13M15.5%
FINANCIAL$26.93M10.1%
COM SHS$18.14M6.8%
UNIT 99/99/9999$16.77M6.3%
IBOXX HI YD ETF$6.78M2.5%
Portfolio Concentration
Top 3$134.69M50.6%
4–10$93.09M35.0%
11–25$38.35M14.4%
Top 3 weight
50.6%
Top 10 weight
85.6%
Voting Authority Distribution
Total shares with voting rights: 8.95M
Sole
Full voting authority
8.95M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole24
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings24
Rows:
SPDR S&P 500 ETF TR
SOLEShares100K
TypeSH
Market value$66.62M
25.03%
Sole
100K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares170K
TypeSH
Market value$41.13M
15.46%
Sole
170K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares500K
TypeSH
Market value$26.93M
10.12%
Sole
500K
Shared
0.00
None
0.00
CHAMPION HOMES INC
SOLEShares269.89K
TypeSH
Market value$20.61M
7.75%
Sole
269.89K
Shared
0.00
None
0.00
ARMOUR RESIDENTIAL REIT INC
SOLEShares1.21M
TypeSH
Market value$18.14M
6.82%
Sole
1.21M
Shared
0.00
None
0.00
CARNIVAL CORP
SOLEShares580K
TypeSH
Market value$16.77M
6.30%
Sole
580K
Shared
0.00
None
0.00
ELLINGTON FINANCIAL INC
SOLEShares961.02K
TypeSH
Market value$12.47M
4.69%
Sole
961.02K
Shared
0.00
None
0.00
MFA FINL INC
SOLEShares1.06M
TypeSH
Market value$9.76M
3.67%
Sole
1.06M
Shared
0.00
None
0.00
DYNEX CAP INC
SOLEShares695.71K
TypeSH
Market value$8.55M
3.21%
Sole
695.71K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares83.57K
TypeSH
Market value$6.78M
2.55%
Sole
83.57K
Shared
0.00
None
0.00
PENNYMAC FINL SVCS INC NEW
SOLEShares52.13K
TypeSH
Market value$6.46M
2.43%
Sole
52.13K
Shared
0.00
None
0.00
TAYLOR MORRISON HOME CORP
SOLEShares80K
TypeSH
Market value$5.28M
1.98%
Sole
80K
Shared
0.00
None
0.00
AMERICAN AIRLS GROUP INC
SOLEShares400K
TypeSH
Market value$4.50M
1.69%
Sole
400K
Shared
0.00
None
0.00
COMPASS INC
SOLEShares460.80K
TypeSH
Market value$3.70M
1.39%
Sole
460.80K
Shared
0.00
None
0.00
UWM HOLDINGS CORPORATION
SOLEShares565.59K
TypeSH
Market value$3.44M
1.29%
Sole
565.59K
Shared
0.00
None
0.00
SOMNIGROUP INTERNATIONAL INC
SOLEShares35K
TypeSH
Market value$2.95M
1.11%
Sole
35K
Shared
0.00
None
0.00
M/I HOMES INC
SOLEShares17.81K
TypeSH
Market value$2.57M
0.97%
Sole
17.81K
Shared
0.00
None
0.00
LOWES COS INC
SOLEShares10K
TypeSH
Market value$2.51M
0.94%
Sole
10K
Shared
0.00
None
0.00
MASTERBRAND INC
SOLEShares165.10K
TypeSH
Market value$2.17M
0.82%
Sole
165.10K
Shared
0.00
None
0.00
INVITATION HOMES INC
SOLEShares44.80K
TypeSH
Market value$1.31M
0.49%
Sole
44.80K
Shared
0.00
None
0.00
PENNYMAC CORP
SOLEShares1M
TypePRN
Market value$998.4K
0.38%
Sole
1M
Shared
0.00
None
0.00
OPORTUN FINL CORP
SOLEShares139.17K
TypeSH
Market value$858.7K
0.32%
Sole
139.17K
Shared
0.00
None
0.00
ELLINGTON CREDIT COMPANY
SOLEShares149.09K
TypeSH
Market value$812.5K
0.31%
Sole
149.09K
Shared
0.00
None
0.00
BEELINE HOLDINGS INC
SOLEShares195.78K
TypeSH
Market value$775.3K
0.29%
Sole
195.78K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRSOLE | TR UNIT | 100K | SH | $66.62M 25.03% | 100K | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 170K | SH | $41.13M 15.46% | 170K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | FINANCIAL | 500K | SH | $26.93M 10.12% | 500K | 0.00 | 0.00 |
CHAMPION HOMES INCSOLE | COM | 269.89K | SH | $20.61M 7.75% | 269.89K | 0.00 | 0.00 |
ARMOUR RESIDENTIAL REIT INCSOLE | COM SHS | 1.21M | SH | $18.14M 6.82% | 1.21M | 0.00 | 0.00 |
CARNIVAL CORPSOLE | UNIT 99/99/9999 | 580K | SH | $16.77M 6.30% | 580K | 0.00 | 0.00 |
ELLINGTON FINANCIAL INCSOLE | COM | 961.02K | SH | $12.47M 4.69% | 961.02K | 0.00 | 0.00 |
MFA FINL INCSOLE | COM | 1.06M | SH | $9.76M 3.67% | 1.06M | 0.00 | 0.00 |
DYNEX CAP INCSOLE | COM | 695.71K | SH | $8.55M 3.21% | 695.71K | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX HI YD ETF | 83.57K | SH | $6.78M 2.55% | 83.57K | 0.00 | 0.00 |
PENNYMAC FINL SVCS INC NEWSOLE | COM | 52.13K | SH | $6.46M 2.43% | 52.13K | 0.00 | 0.00 |
TAYLOR MORRISON HOME CORPSOLE | COM | 80K | SH | $5.28M 1.98% | 80K | 0.00 | 0.00 |
AMERICAN AIRLS GROUP INCSOLE | COM | 400K | SH | $4.50M 1.69% | 400K | 0.00 | 0.00 |
COMPASS INCSOLE | CL A | 460.80K | SH | $3.70M 1.39% | 460.80K | 0.00 | 0.00 |
UWM HOLDINGS CORPORATIONSOLE | COM CL A | 565.59K | SH | $3.44M 1.29% | 565.59K | 0.00 | 0.00 |
SOMNIGROUP INTERNATIONAL INCSOLE | COM | 35K | SH | $2.95M 1.11% | 35K | 0.00 | 0.00 |
M/I HOMES INCSOLE | COM | 17.81K | SH | $2.57M 0.97% | 17.81K | 0.00 | 0.00 |
LOWES COS INCSOLE | COM | 10K | SH | $2.51M 0.94% | 10K | 0.00 | 0.00 |
MASTERBRAND INCSOLE | COMMON STOCK | 165.10K | SH | $2.17M 0.82% | 165.10K | 0.00 | 0.00 |
INVITATION HOMES INCSOLE | COM | 44.80K | SH | $1.31M 0.49% | 44.80K | 0.00 | 0.00 |
PENNYMAC CORPSOLE | NOTE 5.500% 3/1 | 1M | PRN | $998.4K 0.38% | 1M | 0.00 | 0.00 |
OPORTUN FINL CORPSOLE | COM | 139.17K | SH | $858.7K 0.32% | 139.17K | 0.00 | 0.00 |
ELLINGTON CREDIT COMPANYSOLE | COM SHS BEN INT | 149.09K | SH | $812.5K 0.31% | 149.09K | 0.00 | 0.00 |
BEELINE HOLDINGS INCSOLE | COM NEW | 195.78K | SH | $775.3K 0.29% | 195.78K | 0.00 | 0.00 |