Filed: 2/17/2026ACC: 0001478394-26-000001
📋 What this filing means
EMG HOLDINGS, L.P. filed this quarterly 13F‑HR report disclosing 27 equity positions with a total reported market value of $135.25M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
27
Positions
$135.25M
Total AUM (reported)
4.11M
Total Shares
Allocation by class
COM$66.98M49.5%
RUSSELL 2000 ETF$24.62M18.2%
TR UNIT$20.46M15.1%
US HOME CONS ETF$9.63M7.1%
SH BEN INT$4.26M3.1%
CL A$3.54M2.6%
STATE STREET BLA$3.52M2.6%
Portfolio Concentration
Top 3$59.48M44.0%
4–10$45.02M33.3%
11–25$30.29M22.4%
Rest$453.4K0.3%
Top 3 weight
44.0%
Top 10 weight
77.3%
Voting Authority Distribution
Total shares with voting rights: 4.11M
Sole
Full voting authority
4.11M
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)
Sole27
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings27
Rows:
ISHARES TR
SOLEShares100K
TypeSH
Market value$24.62M
18.20%
Sole
100K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares30K
TypeSH
Market value$20.46M
15.13%
Sole
30K
Shared
0.00
None
0.00
D R HORTON INC
SOLEShares100K
TypeSH
Market value$14.40M
10.65%
Sole
100K
Shared
0.00
None
0.00
ELLINGTON FINANCIAL INC
SOLEShares961.02K
TypeSH
Market value$13.05M
9.65%
Sole
961.02K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares100K
TypeSH
Market value$9.63M
7.12%
Sole
100K
Shared
0.00
None
0.00
MFA FINL INC
SOLEShares719.48K
TypeSH
Market value$6.70M
4.95%
Sole
719.48K
Shared
0.00
None
0.00
RADIAN GROUP INC
SOLEShares120K
TypeSH
Market value$4.32M
3.19%
Sole
120K
Shared
0.00
None
0.00
CAMDEN PPTY TR
SOLEShares38.70K
TypeSH
Market value$4.26M
3.15%
Sole
38.70K
Shared
0.00
None
0.00
FLOOR & DECOR HLDGS INC
SOLEShares58.14K
TypeSH
Market value$3.54M
2.62%
Sole
58.14K
Shared
0.00
None
0.00
M/I HOMES INC
SOLEShares27.53K
TypeSH
Market value$3.52M
2.60%
Sole
27.53K
Shared
0.00
None
0.00
SSGA ACTIVE ETF TR
SOLEShares85.30K
TypeSH
Market value$3.52M
2.60%
Sole
85.30K
Shared
0.00
None
0.00
MID-AMER APT CMNTYS INC
SOLEShares24.80K
TypeSH
Market value$3.44M
2.55%
Sole
24.80K
Shared
0.00
None
0.00
CAVCO INDS INC DEL
SOLEShares5.04K
TypeSH
Market value$2.98M
2.20%
Sole
5.04K
Shared
0.00
None
0.00
MASCO CORP
SOLEShares45K
TypeSH
Market value$2.86M
2.11%
Sole
45K
Shared
0.00
None
0.00
OWENS CORNING NEW
SOLEShares24.89K
TypeSH
Market value$2.79M
2.06%
Sole
24.89K
Shared
0.00
None
0.00
CHAMPION HOMES INC
SOLEShares31.83K
TypeSH
Market value$2.69M
1.99%
Sole
31.83K
Shared
0.00
None
0.00
PENNYMAC FINL SVCS INC NEW
SOLEShares20K
TypeSH
Market value$2.64M
1.95%
Sole
20K
Shared
0.00
None
0.00
TREX CO INC
SOLEShares60K
TypeSH
Market value$2.10M
1.56%
Sole
60K
Shared
0.00
None
0.00
NVR INC
SOLEShares250.00
TypeSH
Market value$1.82M
1.35%
Sole
250.00
Shared
0.00
None
0.00
TAYLOR MORRISON HOME CORP
SOLEShares30K
TypeSH
Market value$1.77M
1.31%
Sole
30K
Shared
0.00
None
0.00
PENNYMAC CORP
SOLEShares1M
TypePRN
Market value$1.00M
0.74%
Sole
1M
Shared
0.00
None
0.00
CENTURY CMNTYS INC
SOLEShares13.82K
TypeSH
Market value$820.3K
0.61%
Sole
13.82K
Shared
0.00
None
0.00
ELLINGTON CREDIT COMPANY
SOLEShares149.09K
TypeSH
Market value$785.7K
0.58%
Sole
149.09K
Shared
0.00
None
0.00
OPORTUN FINL CORP
SOLEShares139.17K
TypeSH
Market value$736.2K
0.54%
Sole
139.17K
Shared
0.00
None
0.00
LEGACY HOUSING CORP
SOLEShares17.52K
TypeSH
Market value$342.1K
0.25%
Sole
17.52K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | RUSSELL 2000 ETF | 100K | SH | $24.62M 18.20% | 100K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 30K | SH | $20.46M 15.13% | 30K | 0.00 | 0.00 |
D R HORTON INCSOLE | COM | 100K | SH | $14.40M 10.65% | 100K | 0.00 | 0.00 |
ELLINGTON FINANCIAL INCSOLE | COM | 961.02K | SH | $13.05M 9.65% | 961.02K | 0.00 | 0.00 |
ISHARES TRSOLE | US HOME CONS ETF | 100K | SH | $9.63M 7.12% | 100K | 0.00 | 0.00 |
MFA FINL INCSOLE | COM | 719.48K | SH | $6.70M 4.95% | 719.48K | 0.00 | 0.00 |
RADIAN GROUP INCSOLE | COM | 120K | SH | $4.32M 3.19% | 120K | 0.00 | 0.00 |
CAMDEN PPTY TRSOLE | SH BEN INT | 38.70K | SH | $4.26M 3.15% | 38.70K | 0.00 | 0.00 |
FLOOR & DECOR HLDGS INCSOLE | CL A | 58.14K | SH | $3.54M 2.62% | 58.14K | 0.00 | 0.00 |
M/I HOMES INCSOLE | COM | 27.53K | SH | $3.52M 2.60% | 27.53K | 0.00 | 0.00 |
SSGA ACTIVE ETF TRSOLE | STATE STREET BLA | 85.30K | SH | $3.52M 2.60% | 85.30K | 0.00 | 0.00 |
MID-AMER APT CMNTYS INCSOLE | COM | 24.80K | SH | $3.44M 2.55% | 24.80K | 0.00 | 0.00 |
CAVCO INDS INC DELSOLE | COM | 5.04K | SH | $2.98M 2.20% | 5.04K | 0.00 | 0.00 |
MASCO CORPSOLE | COM | 45K | SH | $2.86M 2.11% | 45K | 0.00 | 0.00 |
OWENS CORNING NEWSOLE | COM | 24.89K | SH | $2.79M 2.06% | 24.89K | 0.00 | 0.00 |
CHAMPION HOMES INCSOLE | COM | 31.83K | SH | $2.69M 1.99% | 31.83K | 0.00 | 0.00 |
PENNYMAC FINL SVCS INC NEWSOLE | COM | 20K | SH | $2.64M 1.95% | 20K | 0.00 | 0.00 |
TREX CO INCSOLE | COM | 60K | SH | $2.10M 1.56% | 60K | 0.00 | 0.00 |
NVR INCSOLE | COM | 250.00 | SH | $1.82M 1.35% | 250.00 | 0.00 | 0.00 |
TAYLOR MORRISON HOME CORPSOLE | COM | 30K | SH | $1.77M 1.31% | 30K | 0.00 | 0.00 |
PENNYMAC CORPSOLE | NOTE 5.500% 3/1 | 1M | PRN | $1.00M 0.74% | 1M | 0.00 | 0.00 |
CENTURY CMNTYS INCSOLE | COM | 13.82K | SH | $820.3K 0.61% | 13.82K | 0.00 | 0.00 |
ELLINGTON CREDIT COMPANYSOLE | COM SHS BEN INT | 149.09K | SH | $785.7K 0.58% | 149.09K | 0.00 | 0.00 |
OPORTUN FINL CORPSOLE | COM | 139.17K | SH | $736.2K 0.54% | 139.17K | 0.00 | 0.00 |
LEGACY HOUSING CORPSOLE | COM | 17.52K | SH | $342.1K 0.25% | 17.52K | 0.00 | 0.00 |
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