BTS Asset Management, Inc.

Q4 2025 13F-HR Holdings

Location
Lincoln, MA
Holdings as of
12/31/2025
Date filed
1/26/2026
Form type
13F-HR
Num holdings
32
Total value ($000)
$73,945
Net value change ($000)
-4,070 (-5.2%)
New positions
11
Sold out positions
9
Turnover %
11.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/12/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 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)
DIA 1,123 NEW
ED 742 NEW
SRLN 603 NEW
AEE 496 NEW
AGZ 453 NEW
ABT 317 NEW
XLY 311 NEW
PCEF 301 NEW
EXC 247 NEW
ERIE 236 NEW
Top Reduces (Value $000, Stocks/ETFs)
USHY -2,116 -7.6%
HYLB -2,074 -7.4%
SPHD -857 -9.0%
HSY -504 -100.0%
SHY -457 -100.0%
VIG -405 -100.0%
XOM -405 -100.0%
KR -357 -35.5%
JBBB -309 -50.7%
CWB -306 -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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type