Bramshill Investments portfolio

What changed this quarter

169 positions with a change (33 new, 75 added to, 30 trimmed, 31 sold). 7 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• State Street SPDR BB St HI Yield ETF+11.6 ppof portfolioNew
  — → 11.6%
• State Street SPDR P Long Term C ETF−3.0 ppof portfolioSold out
  3.4% → —
• iShares 0-3 Month Treasury B ETF−1.6 ppof portfolioSold out
  1.8% → —
• Invesco Preferred ETF+12%more sharesIncreased
  9.6% → 9.5%
• iShares Sh DBA ETF USD+8.7%more sharesIncreased
  10.5% → 10.1%
• Pimco Enhanced Short Maturit ETF+10%more sharesIncreased
  7.9% → 7.8%
• iShares Preferred & Income S ETF+582%more sharesIncreased
  0.1% → 0.8%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Vanguard Ultra Short Bond ET ETFVUSB11.9%
• State Street SPDR BB St HI Yield ETFSJNK11.6%
• iShares Sh DBA ETF USDNEAR10.1%
• Invesco Preferred ETFPGX9.5%
• Pimco Enhanced Short Maturit ETFMINT7.8%
• Invesco Actively Managed EXCGSY7.6%
• iShares 0-5 Yr HY Corp Bond ETFSHYG6.8%
• J P Morgan Exchange Traded FundJPST5.0%
• Pimco MUN Income Fund IIPML4.5%
• iShares 0-5 Yr INV GRD ETFSLQD3.9%
• First Trust ENH Short MAT FundFTSM3.0%
• Invesco SR Income TrVVR1.9%
• Vanguard Long-term Corp Bond ETFVCLT1.7%
• Vaneck ETF TrustMLN1.7%
• Ssga Active ETF TrSRLN1.5%
• iShares Preferred & Income S ETFPFF0.8%
• Series Portfolios TrHEDG0.5%
• SPDR Gold Shares ETFGLD0.4%
• Vaneck ETF TrustSMH0.2%
• Invesco QQQ Trust Series 1 ETFQQQ0.2%
• Annaly Capital ManagementNLY0.2%
• AGNC InvestmentAGNC0.2%
• ETF SER SolutionsQTUM0.2%
• Cheniere Energy PartnersCQP0.1%
• Energy TransferET0.1%
• MPLXMPLX0.1%
• J P Morgan Exchange Traded FundJMST0.1%
• State Street SPDR S&P Biotech ETFXBI0.1%
• Simon Property GroupSPG0.1%
• Invesco Mortgage CapitalIVR0.1%
• AngloGold AshantiAU0.1%
• CVR PartnersUAN0.1%
• State Street Health Care Select Sector ETFXLV0.1%
• Invesco Exchange Traded Fund TRSPT0.1%
• Dynex CapitalDX0.1%
• Delek Logistics PartnersDKL0.1%
• Vanguard Real Estate ETFVNQ0.1%
• RIO TintoRIO0.1%
• Blackstone Secured Lending FundBXSL0.1%
• Ares CapitalARCC0.1%
• Kinetik HoldingsKNTK0.1%
• Hess MidstreamHESM0.1%
• Berkshire HathawayBRK/B0.1%
• iShares Msci Emerging Market ETFEEM0.1%
• State Street Comm Select Sector SPDR ETFXLC0.1%
• Plains All American PipelinePAA0.1%
• Starwood Property TrustSTWD0.1%
• USA Compression PartnersUSAC0.1%
• Viper EnergyVNOM0.1%
• NVIDIANVDA0.1%
• AppleAAPL0.1%
• St SR UTL SL SE SPDR ETF-usd ETFXLU0.1%
• Invesco China Technology ETFCQQQ0.1%
• State Street SPDR S&P Regional Bank ETFKRE0.1%
• PepsicoPEP0.1%
• Realty IncomeO0.1%
• TXO PartnersTXO0.1%
• Mach Natural ResourcesMNR0.1%
• AlphabetGOOGL0.1%
• Extra Space StorageEXR0.1%
• Kimbell Royalty PartnersKRP(unit)0.1%
• Enterprise Products PartnersEPD0.1%
• Iron MountainIRM0.1%
• Select Sector Spdr TrXLP0.1%
• Etfis SER Tr IPFFA0.1%
• Nuveen PFD & Income OpportunJPC0.1%
• First Trust Nasdaq Cybersecu ETFCIBR0.1%
• Agnico Eagle MinesAEM0.1%
• IsharesEWZ0.1%
• Black Stone MineralsBSM0.1%
• State Street Technology Select Sector ETFXLK0.1%
• State Street Industrial Select Sector ETFXLI0.1%
• Alliance Resource PartnersARLP0.1%
• Crown CastleCCI0.1%
• Home DepotHD0.1%
• State Street Consumer Disc Select Sect ETFXLY0.1%
• Highwoods PropertiesHIW0.1%
• Trinity CapitalTRIN0.1%
• FrontlineFRO0.1%
• NewmontNEM0.1%
• Neuberger High Yield St Fund INHS0.1%
• Morgan Stanley Emerging MktsEDD0.1%
• Digital Realty TrustDLR0.1%
• Global PartnersGLP0.1%
• NikeNKE0.1%
• JPMorgan ChaseJPM0.1%
• BlackRock Cap Allocation TERBCAT0.1%
• Nyli Cbre GBL Infr MegtrndsMEGI0.1%
• State Street Financial Select Sector ETFXLF0.1%
• Barrick MiningB0.1%
• Omega Healthcare InvestorsOHI0.1%
• Western Midstream PartnersWES0.1%
• Bristol-myers SquibbBMY0.1%
• BlackRock Core BD TrBHK0.1%
• Armour Residential ReitARR0.1%
• Templeton Emerging Mkts IncoTEI0.1%
• PaychexPAYX0.1%
• Charles SchwabSCHW0.1%
• Ford MotorF0.1%
• Genco Shipping & TradingGNK0.1%