Filed: 2/12/2025ACC: 0001214659-25-002422
📋 What this filing means
IAT REINSURANCE CO LTD. filed this quarterly 13F‑HR report disclosing 74 equity positions with a total reported market value of $473.72M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
74
Positions
$473.72M
Total AUM (reported)
37.77M
Total Shares
Allocation by class
COM$415.88M87.8%
PREF$57.84M12.2%
Portfolio Concentration
Top 3$196.49M41.5%
4–10$160.40M33.9%
11–25$83.93M17.7%
Rest$32.90M6.9%
Top 3 weight
41.5%
Top 10 weight
75.3%
Voting Authority Distribution
Total shares with voting rights: 37.77M
Sole
Full voting authority
37.77M
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)
Sole0
Shared0
Other74
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings74
Rows:
MERCER INTERNATIONAL INC SBI
DFNDShares16.48M
TypeSH
Market value$107.12M
22.61%
Sole
16.48M
Shared
0.00
None
0.00
RAYMOND JAMES FNCL INC
DFNDShares298.13K
TypeSH
Market value$46.31M
9.78%
Sole
298.13K
Shared
0.00
None
0.00
GOLDMAN SACHS GROUP INC
DFNDShares75.20K
TypeSH
Market value$43.06M
9.09%
Sole
75.20K
Shared
0.00
None
0.00
SCULLY ROYALTY LTD
DFNDShares3.42M
TypeSH
Market value$31.60M
6.67%
Sole
3.42M
Shared
0.00
None
0.00
NAM TAI PROPERTY INC
DFNDShares5.77M
TypeSH
Market value$27.43M
5.79%
Sole
5.77M
Shared
0.00
None
0.00
NAM TAI G63907-10-2 PRIVATE
DFNDShares5.34M
TypeSH
Market value$25.35M
5.35%
Sole
5.34M
Shared
0.00
None
0.00
AMGEN INC
DFNDShares92.50K
TypeSH
Market value$24.11M
5.09%
Sole
92.50K
Shared
0.00
None
0.00
SELECTIVE INS GROUP INC
DFNDShares200K
TypeSH
Market value$18.70M
3.95%
Sole
200K
Shared
0.00
None
0.00
CORNING INC
DFNDShares367.35K
TypeSH
Market value$17.46M
3.68%
Sole
367.35K
Shared
0.00
None
0.00
VAIL RESORTS INC.
DFNDShares84K
TypeSH
Market value$15.75M
3.32%
Sole
84K
Shared
0.00
None
0.00
HELIOS TECHNOLOGIES INC
DFNDShares300K
TypeSH
Market value$13.39M
2.83%
Sole
300K
Shared
0.00
None
0.00
ARGONAUT GROUP STATUTORY TR - CALL
DFNDShares12K
TypeSH
Market value$12.00M
2.53%
Sole
12K
Shared
0.00
None
0.00
EMERSON ELEC CO
DFNDShares80K
TypeSH
Market value$9.91M
2.09%
Sole
80K
Shared
0.00
None
0.00
EXXON MOBIL CORP
DFNDShares79.60K
TypeSH
Market value$8.56M
1.81%
Sole
79.60K
Shared
0.00
None
0.00
DELPHI FINANCIAL GROUP - CALLABLE
DFNDShares328.79K
TypeSH
Market value$8.12M
1.71%
Sole
328.79K
Shared
0.00
None
0.00
TENNESSEE VALLEY AUTHORITY
DFNDShares260K
TypeSH
Market value$5.77M
1.22%
Sole
260K
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
DFNDShares33.94K
TypeSH
Market value$4.10M
0.87%
Sole
33.94K
Shared
0.00
None
0.00
ZIEGLER COS INC THE
DFNDShares48.97K
TypeSH
Market value$4.06M
0.86%
Sole
48.97K
Shared
0.00
None
0.00
COBANK ACB
DFNDShares36.30K
TypeSH
Market value$3.64M
0.77%
Sole
36.30K
Shared
0.00
None
0.00
EAGLE POINT CREDIT CO-CALLABLE
DFNDShares120K
TypeSH
Market value$2.73M
0.58%
Sole
120K
Shared
0.00
None
0.00
TENNESSEE VALLEY AUTHORITY PARRS
DFNDShares120K
TypeSH
Market value$2.71M
0.57%
Sole
120K
Shared
0.00
None
0.00
GENERAL ELECTRIC CO
DFNDShares15.13K
TypeSH
Market value$2.52M
0.53%
Sole
15.13K
Shared
0.00
None
0.00
CHEVRON CORPORATION
DFNDShares16K
TypeSH
Market value$2.32M
0.49%
Sole
16K
Shared
0.00
None
0.00
OXFORD LANE CAP CORP
DFNDShares80K
TypeSH
Market value$2.05M
0.43%
Sole
80K
Shared
0.00
None
0.00
COREBRIDGE FINL INC-CALLABLE
DFNDShares80K
TypeSH
Market value$2.03M
0.43%
Sole
80K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MERCER INTERNATIONAL INC SBIDFND | Com | 16.48M | SH | $107.12M 22.61% | 16.48M | 0.00 | 0.00 |
RAYMOND JAMES FNCL INCDFND | Com | 298.13K | SH | $46.31M 9.78% | 298.13K | 0.00 | 0.00 |
GOLDMAN SACHS GROUP INCDFND | Com | 75.20K | SH | $43.06M 9.09% | 75.20K | 0.00 | 0.00 |
SCULLY ROYALTY LTDDFND | Com | 3.42M | SH | $31.60M 6.67% | 3.42M | 0.00 | 0.00 |
NAM TAI PROPERTY INCDFND | Com | 5.77M | SH | $27.43M 5.79% | 5.77M | 0.00 | 0.00 |
NAM TAI G63907-10-2 PRIVATEDFND | Com | 5.34M | SH | $25.35M 5.35% | 5.34M | 0.00 | 0.00 |
AMGEN INCDFND | Com | 92.50K | SH | $24.11M 5.09% | 92.50K | 0.00 | 0.00 |
SELECTIVE INS GROUP INCDFND | Com | 200K | SH | $18.70M 3.95% | 200K | 0.00 | 0.00 |
CORNING INCDFND | Com | 367.35K | SH | $17.46M 3.68% | 367.35K | 0.00 | 0.00 |
VAIL RESORTS INC.DFND | Com | 84K | SH | $15.75M 3.32% | 84K | 0.00 | 0.00 |
HELIOS TECHNOLOGIES INCDFND | Com | 300K | SH | $13.39M 2.83% | 300K | 0.00 | 0.00 |
ARGONAUT GROUP STATUTORY TR - CALLDFND | Pref | 12K | SH | $12.00M 2.53% | 12K | 0.00 | 0.00 |
EMERSON ELEC CODFND | Com | 80K | SH | $9.91M 2.09% | 80K | 0.00 | 0.00 |
EXXON MOBIL CORPDFND | Com | 79.60K | SH | $8.56M 1.81% | 79.60K | 0.00 | 0.00 |
DELPHI FINANCIAL GROUP - CALLABLEDFND | Pref | 328.79K | SH | $8.12M 1.71% | 328.79K | 0.00 | 0.00 |
TENNESSEE VALLEY AUTHORITYDFND | Pref | 260K | SH | $5.77M 1.22% | 260K | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCDFND | Com | 33.94K | SH | $4.10M 0.87% | 33.94K | 0.00 | 0.00 |
ZIEGLER COS INC THEDFND | Com | 48.97K | SH | $4.06M 0.86% | 48.97K | 0.00 | 0.00 |
COBANK ACBDFND | Pref | 36.30K | SH | $3.64M 0.77% | 36.30K | 0.00 | 0.00 |
EAGLE POINT CREDIT CO-CALLABLEDFND | Pref | 120K | SH | $2.73M 0.58% | 120K | 0.00 | 0.00 |
TENNESSEE VALLEY AUTHORITY PARRSDFND | Pref | 120K | SH | $2.71M 0.57% | 120K | 0.00 | 0.00 |
GENERAL ELECTRIC CODFND | Com | 15.13K | SH | $2.52M 0.53% | 15.13K | 0.00 | 0.00 |
CHEVRON CORPORATIONDFND | Com | 16K | SH | $2.32M 0.49% | 16K | 0.00 | 0.00 |
OXFORD LANE CAP CORPDFND | Pref | 80K | SH | $2.05M 0.43% | 80K | 0.00 | 0.00 |
COREBRIDGE FINL INC-CALLABLEDFND | Pref | 80K | SH | $2.03M 0.43% | 80K | 0.00 | 0.00 |
Page 1 of 3