Filed: 5/7/2025ACC: 0001214659-25-007057
📋 What this filing means
IAT REINSURANCE CO LTD. filed this quarterly 13F‑HR report disclosing 76 equity positions with a total reported market value of $478.99M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
76
Positions
$478.99M
Total AUM (reported)
38.21M
Total Shares
Allocation by class
COM$416.75M87.0%
PREF$62.24M13.0%
Portfolio Concentration
Top 3$183.85M38.4%
4–10$168.75M35.2%
11–25$88.02M18.4%
Rest$38.38M8.0%
Top 3 weight
38.4%
Top 10 weight
73.6%
Voting Authority Distribution
Total shares with voting rights: 38.21M
Sole
Full voting authority
38.21M
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
Other76
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings76
Rows:
MERCER INTERNATIONAL INC SBI
DFNDShares16.48M
TypeSH
Market value$101.35M
21.16%
Sole
16.48M
Shared
0.00
None
0.00
RAYMOND JAMES FNCL INC
DFNDShares298.13K
TypeSH
Market value$41.41M
8.65%
Sole
298.13K
Shared
0.00
None
0.00
GOLDMAN SACHS GROUP INC
DFNDShares75.20K
TypeSH
Market value$41.08M
8.58%
Sole
75.20K
Shared
0.00
None
0.00
NAM TAI PROPERTY INC
DFNDShares5.77M
TypeSH
Market value$33.09M
6.91%
Sole
5.77M
Shared
0.00
None
0.00
NAM TAI G63907-10-2 PRIVATE
DFNDShares5.34M
TypeSH
Market value$30.58M
6.38%
Sole
5.34M
Shared
0.00
None
0.00
AMGEN INC
DFNDShares92.50K
TypeSH
Market value$28.82M
6.02%
Sole
92.50K
Shared
0.00
None
0.00
SCULLY ROYALTY LTD
DFNDShares3.42M
TypeSH
Market value$27.70M
5.78%
Sole
3.42M
Shared
0.00
None
0.00
SELECTIVE INS GROUP INC
DFNDShares200K
TypeSH
Market value$18.31M
3.82%
Sole
200K
Shared
0.00
None
0.00
CORNING INC
DFNDShares367.35K
TypeSH
Market value$16.82M
3.51%
Sole
367.35K
Shared
0.00
None
0.00
VAIL RESORTS INC.
DFNDShares84K
TypeSH
Market value$13.44M
2.81%
Sole
84K
Shared
0.00
None
0.00
ARGONAUT GROUP STATUTORY TR - CALL
DFNDShares12K
TypeSH
Market value$12.00M
2.51%
Sole
12K
Shared
0.00
None
0.00
HELIOS TECHNOLOGIES INC
DFNDShares300K
TypeSH
Market value$9.63M
2.01%
Sole
300K
Shared
0.00
None
0.00
EXXON MOBIL CORP
DFNDShares79.60K
TypeSH
Market value$9.47M
1.98%
Sole
79.60K
Shared
0.00
None
0.00
UBER TECHNOLOGIES, INC
DFNDShares126K
TypeSH
Market value$9.18M
1.92%
Sole
126K
Shared
0.00
None
0.00
EMERSON ELEC CO
DFNDShares80K
TypeSH
Market value$8.77M
1.83%
Sole
80K
Shared
0.00
None
0.00
DELPHI FINANCIAL GROUP - CALLABLE
DFNDShares328.79K
TypeSH
Market value$7.97M
1.66%
Sole
328.79K
Shared
0.00
None
0.00
TENNESSEE VALLEY AUTHORITY
DFNDShares260K
TypeSH
Market value$6.12M
1.28%
Sole
260K
Shared
0.00
None
0.00
ZIEGLER COS INC THE
DFNDShares48.97K
TypeSH
Market value$4.06M
0.85%
Sole
48.97K
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
DFNDShares33.94K
TypeSH
Market value$3.49M
0.73%
Sole
33.94K
Shared
0.00
None
0.00
WINTRUST FINL CORP
DFNDShares120K
TypeSH
Market value$3.05M
0.64%
Sole
120K
Shared
0.00
None
0.00
GENERAL ELECTRIC CO
DFNDShares15.13K
TypeSH
Market value$3.03M
0.63%
Sole
15.13K
Shared
0.00
None
0.00
F&G ANNUITIES & LIFE INC - CALLABL
DFNDShares120K
TypeSH
Market value$2.95M
0.62%
Sole
120K
Shared
0.00
None
0.00
TENNESSEE VALLEY AUTHORITY PARRS
DFNDShares120K
TypeSH
Market value$2.86M
0.60%
Sole
120K
Shared
0.00
None
0.00
EAGLE POINT CREDIT CO-CALLABLE
DFNDShares120K
TypeSH
Market value$2.76M
0.58%
Sole
120K
Shared
0.00
None
0.00
CHEVRON CORPORATION
DFNDShares16K
TypeSH
Market value$2.68M
0.56%
Sole
16K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MERCER INTERNATIONAL INC SBIDFND | Com | 16.48M | SH | $101.35M 21.16% | 16.48M | 0.00 | 0.00 |
RAYMOND JAMES FNCL INCDFND | Com | 298.13K | SH | $41.41M 8.65% | 298.13K | 0.00 | 0.00 |
GOLDMAN SACHS GROUP INCDFND | Com | 75.20K | SH | $41.08M 8.58% | 75.20K | 0.00 | 0.00 |
NAM TAI PROPERTY INCDFND | Com | 5.77M | SH | $33.09M 6.91% | 5.77M | 0.00 | 0.00 |
NAM TAI G63907-10-2 PRIVATEDFND | Com | 5.34M | SH | $30.58M 6.38% | 5.34M | 0.00 | 0.00 |
AMGEN INCDFND | Com | 92.50K | SH | $28.82M 6.02% | 92.50K | 0.00 | 0.00 |
SCULLY ROYALTY LTDDFND | Com | 3.42M | SH | $27.70M 5.78% | 3.42M | 0.00 | 0.00 |
SELECTIVE INS GROUP INCDFND | Com | 200K | SH | $18.31M 3.82% | 200K | 0.00 | 0.00 |
CORNING INCDFND | Com | 367.35K | SH | $16.82M 3.51% | 367.35K | 0.00 | 0.00 |
VAIL RESORTS INC.DFND | Com | 84K | SH | $13.44M 2.81% | 84K | 0.00 | 0.00 |
ARGONAUT GROUP STATUTORY TR - CALLDFND | Pref | 12K | SH | $12.00M 2.51% | 12K | 0.00 | 0.00 |
HELIOS TECHNOLOGIES INCDFND | Com | 300K | SH | $9.63M 2.01% | 300K | 0.00 | 0.00 |
EXXON MOBIL CORPDFND | Com | 79.60K | SH | $9.47M 1.98% | 79.60K | 0.00 | 0.00 |
UBER TECHNOLOGIES, INCDFND | Com | 126K | SH | $9.18M 1.92% | 126K | 0.00 | 0.00 |
EMERSON ELEC CODFND | Com | 80K | SH | $8.77M 1.83% | 80K | 0.00 | 0.00 |
DELPHI FINANCIAL GROUP - CALLABLEDFND | Pref | 328.79K | SH | $7.97M 1.66% | 328.79K | 0.00 | 0.00 |
TENNESSEE VALLEY AUTHORITYDFND | Pref | 260K | SH | $6.12M 1.28% | 260K | 0.00 | 0.00 |
ZIEGLER COS INC THEDFND | Com | 48.97K | SH | $4.06M 0.85% | 48.97K | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCDFND | Com | 33.94K | SH | $3.49M 0.73% | 33.94K | 0.00 | 0.00 |
WINTRUST FINL CORPDFND | Pref | 120K | SH | $3.05M 0.64% | 120K | 0.00 | 0.00 |
GENERAL ELECTRIC CODFND | Com | 15.13K | SH | $3.03M 0.63% | 15.13K | 0.00 | 0.00 |
F&G ANNUITIES & LIFE INC - CALLABLDFND | Pref | 120K | SH | $2.95M 0.62% | 120K | 0.00 | 0.00 |
TENNESSEE VALLEY AUTHORITY PARRSDFND | Pref | 120K | SH | $2.86M 0.60% | 120K | 0.00 | 0.00 |
EAGLE POINT CREDIT CO-CALLABLEDFND | Pref | 120K | SH | $2.76M 0.58% | 120K | 0.00 | 0.00 |
CHEVRON CORPORATIONDFND | Com | 16K | SH | $2.68M 0.56% | 16K | 0.00 | 0.00 |
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