Filed: 2/10/2026ACC: 0001214659-26-001387
📋 What this filing means
IAT REINSURANCE CO LTD. filed this quarterly 13F‑HR report disclosing 71 equity positions with a total reported market value of $341.48M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
71
Positions
$341.48M
Total AUM (reported)
39.61M
Total Shares
Allocation by class
COM$252.26M73.9%
PREF$89.22M26.1%
Portfolio Concentration
Top 3$96.62M28.3%
4–10$134.70M39.4%
11–25$70.96M20.8%
Rest$39.20M11.5%
Top 3 weight
28.3%
Top 10 weight
67.7%
Voting Authority Distribution
Total shares with voting rights: 39.61M
Sole
Full voting authority
39.61M
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
Other71
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings71
Rows:
MERCER INTERNATIONAL INC SBI
DFNDShares17.22M
TypeSH
Market value$34.10M
9.98%
Sole
17.22M
Shared
0.00
None
0.00
CORNING INC
DFNDShares368.35K
TypeSH
Market value$32.25M
9.45%
Sole
368.35K
Shared
0.00
None
0.00
AMGEN INC
DFNDShares92.50K
TypeSH
Market value$30.28M
8.87%
Sole
92.50K
Shared
0.00
None
0.00
SCULLY ROYALTY LTD
DFNDShares3.42M
TypeSH
Market value$29.21M
8.55%
Sole
3.42M
Shared
0.00
None
0.00
NAM TAI PROPERTY INC
DFNDShares5.77M
TypeSH
Market value$24.83M
7.27%
Sole
5.77M
Shared
0.00
None
0.00
NAM TAI G63907-10-2 PRIVATE
DFNDShares5.34M
TypeSH
Market value$22.95M
6.72%
Sole
5.34M
Shared
0.00
None
0.00
GOLDMAN SACHS GROUP INC
DFNDShares21.05K
TypeSH
Market value$18.50M
5.42%
Sole
21.05K
Shared
0.00
None
0.00
HELIOS TECHNOLOGIES INC
DFNDShares300K
TypeSH
Market value$16.05M
4.70%
Sole
300K
Shared
0.00
None
0.00
ARGONAUT GROUP STATUTORY TR - CALL
DFNDShares12K
TypeSH
Market value$12.00M
3.51%
Sole
12K
Shared
0.00
None
0.00
VAIL RESORTS INC.
DFNDShares84K
TypeSH
Market value$11.16M
3.27%
Sole
84K
Shared
0.00
None
0.00
EXXON MOBIL CORP
DFNDShares79.60K
TypeSH
Market value$9.58M
2.81%
Sole
79.60K
Shared
0.00
None
0.00
DELPHI FINANCIAL GROUP - CALLABLE
DFNDShares328.79K
TypeSH
Market value$8.06M
2.36%
Sole
328.79K
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
DFNDShares33.94K
TypeSH
Market value$7.27M
2.13%
Sole
33.94K
Shared
0.00
None
0.00
TENNESSEE VALLEY AUTHORITY
DFNDShares260K
TypeSH
Market value$6.37M
1.87%
Sole
260K
Shared
0.00
None
0.00
WINTRUST FINANCIAL CORP-CALL
DFNDShares220K
TypeSH
Market value$5.73M
1.68%
Sole
220K
Shared
0.00
None
0.00
ALGONQUIN POWER & UTILITIES CORP
DFNDShares200K
TypeSH
Market value$5.11M
1.50%
Sole
200K
Shared
0.00
None
0.00
GENERAL ELECTRIC CO
DFNDShares15.13K
TypeSH
Market value$4.66M
1.36%
Sole
15.13K
Shared
0.00
None
0.00
KKR & CO INC
DFNDShares180K
TypeSH
Market value$4.63M
1.36%
Sole
180K
Shared
0.00
None
0.00
WESBANCO INC - CALLABLE
DFNDShares130K
TypeSH
Market value$3.35M
0.98%
Sole
130K
Shared
0.00
None
0.00
TENNESSEE VALLEY AUTHORITY PARRS
DFNDShares120K
TypeSH
Market value$2.89M
0.84%
Sole
120K
Shared
0.00
None
0.00
TE CONNECTIVITY COM
DFNDShares12.50K
TypeSH
Market value$2.84M
0.83%
Sole
12.50K
Shared
0.00
None
0.00
EAGLE POINT CREDIT CO-CALLABLE
DFNDShares120K
TypeSH
Market value$2.84M
0.83%
Sole
120K
Shared
0.00
None
0.00
F&G ANNUITIES & LIFE INC - CALLABL
DFNDShares120K
TypeSH
Market value$2.64M
0.77%
Sole
120K
Shared
0.00
None
0.00
OXFORD LANE CAP CORP
DFNDShares100K
TypeSH
Market value$2.52M
0.74%
Sole
100K
Shared
0.00
None
0.00
GE VERNOVA INC
DFNDShares3.78K
TypeSH
Market value$2.47M
0.72%
Sole
3.78K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MERCER INTERNATIONAL INC SBIDFND | Com | 17.22M | SH | $34.10M 9.98% | 17.22M | 0.00 | 0.00 |
CORNING INCDFND | Com | 368.35K | SH | $32.25M 9.45% | 368.35K | 0.00 | 0.00 |
AMGEN INCDFND | Com | 92.50K | SH | $30.28M 8.87% | 92.50K | 0.00 | 0.00 |
SCULLY ROYALTY LTDDFND | Com | 3.42M | SH | $29.21M 8.55% | 3.42M | 0.00 | 0.00 |
NAM TAI PROPERTY INCDFND | Com | 5.77M | SH | $24.83M 7.27% | 5.77M | 0.00 | 0.00 |
NAM TAI G63907-10-2 PRIVATEDFND | Com | 5.34M | SH | $22.95M 6.72% | 5.34M | 0.00 | 0.00 |
GOLDMAN SACHS GROUP INCDFND | Com | 21.05K | SH | $18.50M 5.42% | 21.05K | 0.00 | 0.00 |
HELIOS TECHNOLOGIES INCDFND | Com | 300K | SH | $16.05M 4.70% | 300K | 0.00 | 0.00 |
ARGONAUT GROUP STATUTORY TR - CALLDFND | Pref | 12K | SH | $12.00M 3.51% | 12K | 0.00 | 0.00 |
VAIL RESORTS INC.DFND | Com | 84K | SH | $11.16M 3.27% | 84K | 0.00 | 0.00 |
EXXON MOBIL CORPDFND | Com | 79.60K | SH | $9.58M 2.81% | 79.60K | 0.00 | 0.00 |
DELPHI FINANCIAL GROUP - CALLABLEDFND | Pref | 328.79K | SH | $8.06M 2.36% | 328.79K | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCDFND | Com | 33.94K | SH | $7.27M 2.13% | 33.94K | 0.00 | 0.00 |
TENNESSEE VALLEY AUTHORITYDFND | Pref | 260K | SH | $6.37M 1.87% | 260K | 0.00 | 0.00 |
WINTRUST FINANCIAL CORP-CALLDFND | Pref | 220K | SH | $5.73M 1.68% | 220K | 0.00 | 0.00 |
ALGONQUIN POWER & UTILITIES CORPDFND | Pref | 200K | SH | $5.11M 1.50% | 200K | 0.00 | 0.00 |
GENERAL ELECTRIC CODFND | Com | 15.13K | SH | $4.66M 1.36% | 15.13K | 0.00 | 0.00 |
KKR & CO INCDFND | Pref | 180K | SH | $4.63M 1.36% | 180K | 0.00 | 0.00 |
WESBANCO INC - CALLABLEDFND | Pref | 130K | SH | $3.35M 0.98% | 130K | 0.00 | 0.00 |
TENNESSEE VALLEY AUTHORITY PARRSDFND | Pref | 120K | SH | $2.89M 0.84% | 120K | 0.00 | 0.00 |
TE CONNECTIVITY COMDFND | Com | 12.50K | SH | $2.84M 0.83% | 12.50K | 0.00 | 0.00 |
EAGLE POINT CREDIT CO-CALLABLEDFND | Pref | 120K | SH | $2.84M 0.83% | 120K | 0.00 | 0.00 |
F&G ANNUITIES & LIFE INC - CALLABLDFND | Pref | 120K | SH | $2.64M 0.77% | 120K | 0.00 | 0.00 |
OXFORD LANE CAP CORPDFND | Pref | 100K | SH | $2.52M 0.74% | 100K | 0.00 | 0.00 |
GE VERNOVA INCDFND | Com | 3.78K | SH | $2.47M 0.72% | 3.78K | 0.00 | 0.00 |
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