McGowan Group Asset Management, Inc.

Q3 2025 13F-HR Holdings

Location
Dallas, TX
Holdings as of
9/30/2025
Date filed
11/13/2025
Form type
13F-HR
Num holdings
121
Total value ($000)
$806,505
Net value change ($000)
+12,790 (1.6%)
New positions
9
Sold out positions
11
Turnover %
4.6%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/13/2025 Next filing: 1/29/2026 SEC filing

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)
GENERAL MNY MKT FUND 39,072 60.2%
BWXT 5,106 27.4%
BTI 3,098 11.7%
DELL 2,492 15.3%
EBAY 2,348 20.2%
JGH 2,168 4.5%
GOOGL 2,011 36.0%
NEA 1,312 9.3%
BIL 1,201 NEW
NAD 1,198 8.5%
Top Reduces (Value $000, Stocks/ETFs)
UPS -21,975 -100.0%
JAZZ -5,012 -100.0%
DSL -3,800 -9.6%
DDOG -3,256 -100.0%
UTF -2,662 -7.3%
ARCC -1,736 -6.8%
PLTR -1,661 -65.2%
TOST -1,621 -20.1%
PAGP -1,596 -6.2%
PG -1,071 -39.3%
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