SEC 13F Intelligence

Managers / Q2 2024 · view latest →

BTS Asset Management, Inc.

CIK 0001532842 · 55 OLD BEDFORD ROAD, SUITE 203, LINCOLN, MA, 01773 · 781-863-2545

Reported Value
$107M
Q2 2024
Positions
22
Filings on Record
28
2019–present window
Filed
Aug 5, 2024
original filing

Summary

Bts Asset Management, Inc. reported $107M in U.S.-listed holdings across 22 positions for Q2 2024.

The portfolio is heavily concentrated: Xtrackers Usd High Yield Corporate Bond Etf alone accounts for 62.9% of reported value.

Compared with Q1 2024, the fund opened 5 new positions and exited 19.

Portfolio Metrics

Turnover
+1.6%
vs prior filed quarter
Top-10 Concentration
+96.4%
share of reported value
Largest Position
+62.9%
Xtrackers Usd High Yield Corporate Bond Etf
New / Exited
5 / 19
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $0Q1 ’19Q2 ’19: $92MQ3 ’19: $731MQ4 ’19: $624MQ3 ’20: $9MQ3 ’20Q2 ’21: $525MQ3 ’21: $467MQ4 ’21: $279MQ1 ’22: $326MQ1 ’22Q2 ’22: $45MQ3 ’22: $32MQ4 ’22: $228MQ1 ’23: $175MQ1 ’23Q2 ’23: $198MQ3 ’23: $154MQ4 ’23: $133MQ1 ’24: $121MQ1 ’24Q2 ’24: $107MQ3 ’24: $105MQ4 ’24: $100MQ1 ’25: $89MQ1 ’25Q2 ’25: $83MQ3 ’25: $78MQ4 ’25: $74MQ1 ’26: $26MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 99.4%Common Stock: 0.6%
  • ETP · 99.4% · $107M
  • Common Stock · 0.6% · $643,911

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
JAAAJanus Henderson AAA CLO ETFNEW+8.4K8.4K+$426,593$426,593
STLDSteel Dynamics IncNEW+3.0K3.0K+$369,523$369,523
TIPiShares TIPS Bond ETFNEW+3.0K3.0K+$320,233$320,233
LWLamb Weston Holdings IncNEW+3.3K3.3K+$274,388$274,388
VPUVanguard Utilities ETFNEW+1.4K1.4K+$201,819$201,819
DIASPDR Dow Jones Industrial Average ETFSOLD OUT−4.8K0−$2M$0
GLDSPDR Gold Shares ETFSOLD OUT−1.8K0−$364,367$0
JPSTJPMorgan Ultra-Short Income ETFSOLD OUT−7.1K0−$357,224$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2024

22 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1Xtrackers USD High Yield Corporate Bond ETFETF62.94%$68M1.90M
2SPDR Bloomberg High Yield Bond ETFETF19.11%$21M217.5K
3HYDVanEck High Yield Muni ETFhistory →ETF5.03%$5M104.5K
4CWBSPDR Bloomberg Convertible Securities ETFhistory →ETF4.89%$5M72.8K
5iShares iBoxx High Yield Corporate Bond ETFETF1.68%$2M23.4K
6USHYiShares Broad USD High Yield Corporate Bond ETFETF0.73%$785,09921.6K
7TFLOiShares Treasury Floating Rate Bond ETFETF0.72%$767,67215.2K
8BNDVanguard Total Bond Market ETFETF0.54%$583,1918.1K
9JAAAJanus Henderson AAA CLO ETFETF0.40%$426,5938.4K
10FLOTiShares Floating Rate Bond ETFETF0.40%$426,3468.3K
11JBBBJanus Henderson B-BBB CLO ETFETF0.39%$421,5538.6K
12STLDSteel Dynamics IncCommon Stock0.34%$369,5233.0K
13VIGVanguard Dividend Appreciation Index Fund ETFETF0.34%$364,1392.0K
14PCEFInvesco CEF Income Composite ETFETF0.32%$345,88118.4K
15AMLPAlerian MLP ETFETF0.32%$343,6447.2K
16BWXSPDR Bloomberg International Treasury Bond ETFETF0.31%$334,75715.6K
17VRPInvesco Variable Rate Preferred ETFETF0.31%$332,00713.9K
18TIPiShares TIPS Bond ETFETF0.30%$320,2333.0K
19LWLamb Weston Holdings IncCommon Stock0.26%$274,3883.3K
20TLTiShares 20plus Year Treasury Bond ETFETF0.24%$259,1352.8K
21SPDR Bloomberg International Corporate Bond ETFETF0.24%$255,4518.9K
22VPUVanguard Utilities ETFETF0.19%$201,8191.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$26M31May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$74M32Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$78M30Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$83M34Jul 30, 202513F-HRchanges · EDGAR ↗
Q1 2025$89M35Apr 16, 202513F-HRchanges · EDGAR ↗
Q4 2024$100M37Jan 15, 202513F-HRchanges · EDGAR ↗
Q3 2024$105M30Oct 22, 202413F-HRchanges · EDGAR ↗
Q2 2024$107M22Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$121M36Apr 22, 202413F-HRchanges · EDGAR ↗
Q4 2023$133M25Jan 18, 202413F-HRchanges · EDGAR ↗
Q3 2023$154M36Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$198M41Jul 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$175M42Apr 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$228M41Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$32M33Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$45M38Aug 4, 202213F-HRchanges · EDGAR ↗
Q1 2022$326M32May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$279M27Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$467M25Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$525M22Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021Under review21Mar 3, 202113F-HRchanges · EDGAR ↗
Q3 2020$9M16Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020Under review20Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020Under review16May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$624M20Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$731M18Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$92M18Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$01May 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.