Thomas J. Herzfeld Advisors, Inc.
Q3 2025 13F-HR Holdings
Net value change ($000)
+11,294
(4.0%)
New positions
13
Sold out positions
17
Turnover %
19.8%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q2 2025
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| PAAA | 10,588 | NEW |
| PFIX | 9,230 | NEW |
| ASA | 7,907 | 2154.5% |
| BRW | 5,532 | 153.8% |
| PDO | 4,492 | NEW |
| HFRO | 4,236 | 31.3% |
| OXLC | 3,858 | NEW |
| GDV | 2,575 | 42916.7% |
| SDHY | 2,450 | 83.8% |
| MEGI | 2,311 | 1138.4% |
Top Reduces (Value $000, Stocks/ETFs)
| FSCO | -16,747 | -71.6% |
| SJB | -8,942 | -100.0% |
| CLM | -8,650 | -99.1% |
| EMO | -3,542 | -100.0% |
| DMA | -3,307 | -97.9% |
| PROSHARES TRUST | -2,948 | -42.9% |
| SSSS | -2,170 | -100.0% |
| TYG | -2,111 | -48.0% |
| HERZ | -1,918 | -11.7% |
| PIMCO CALIFORNIA MUNICIPAL INCOME FUND II | -1,731 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|