SEC 13F Intelligence

Managers / Q2 2025 · view latest →

BTS Asset Management, Inc.

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

Reported Value
$83M
Q2 2025
Positions
34
Filings on Record
28
2019–present window
Filed
Jul 30, 2025
original filing

Summary

Bts Asset Management, Inc. reported $83M in U.S.-listed holdings across 34 positions for Q2 2025.

The portfolio is heavily concentrated: Xtrackers Usd High Yield Corporate Bond Etf Usd Class alone accounts for 36.6% of reported value.

Compared with Q1 2025, the fund opened 17 new positions and exited 18.

Portfolio Metrics

Turnover
+45.4%
vs prior filed quarter
Top-10 Concentration
+90.3%
share of reported value
Largest Position
+36.6%
Xtrackers Usd High Yield Corporate Bond Etf Usd Class
New / Exited
17 / 18
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: 93.5%Common Stock: 6.5%
  • ETP · 93.5% · $78M
  • Common Stock · 6.5% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPHDInvesco S&P 500 High Dividend Low Volatility ETFNEW+214.3K214.3K+$10M$10M
SDIVGlobal X SuperDividend ETFNEW+26.8K26.8K+$604,385$604,385
SJNKSPDR Bloomberg Short Term High Yield Bond ETF USD ClassNEW+23.7K23.7K+$602,857$602,857
MRSHMarsh & McLennan Companies, Inc.NEW+2.2K2.2K+$473,137$473,137
AONAon plcNEW+1.3K1.3K+$473,064$473,064
IEIiShares 3-7 Year Treasury Bond ETF USD ClassNEW+3.8K3.8K+$452,805$452,805
BRCBrady CorporationNEW+6.6K6.6K+$450,241$450,241
HSYHershey Company (The)NEW+2.5K2.5K+$418,441$418,441

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

Holdings — Q2 2025

34 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1Xtrackers USD High Yield Corporate Bond ETF USD ClassETF36.61%$30M823.4K
2USHYiShares Broad USD High Yield Corporate Bond ETF USD Classhistory →ETF36.38%$30M805.4K
3SPHDInvesco S&P 500 High Dividend Low Volatility ETFhistory →ETF12.27%$10M214.3K
4TFLOiShares Treasury Floating Rate Bond ETFhistory →ETF1.09%$905,65317.9K
5SDIVGlobal X SuperDividend ETFETF0.73%$604,38526.8K
6SJNKSPDR Bloomberg Short Term High Yield Bond ETF USD ClassETF0.73%$602,85723.7K
7JEPIJPMorgan Equity Premium Income ETFETF0.66%$549,1019.7K
8JPMorgan Nasdaq Equity Premium Income ETFETF0.66%$548,48910.1K
9METAMeta Platforms, IncEquity0.57%$476,736646
10MRSHMarsh & McLennan Companies, Inc.Equity0.57%$473,1372.2K
11AONAon plcEquity0.57%$473,0641.3K
12IEIiShares 3-7 Year Treasury Bond ETF USD ClassETF0.55%$452,8053.8K
13FLOTiShares Floating Rate Bond ETF USD ClassETF0.54%$452,1908.9K
14JAAAJanus Henderson AAA CLO ETF USD ClassETF0.54%$451,9808.9K
15BRCBrady CorporationEquity0.54%$450,2416.6K
16HSYHershey Company (The)Equity0.50%$418,4412.5K
17VIGVanguard Dividend Appreciation ETF USD ClassETF0.49%$409,9032.0K
18CMCSAComcast CorporationEquity0.46%$381,70210.7K
19GOOGLAlphabet, Inc.Equity0.44%$367,9152.1K
20CALMCal-Maine Foods, Inc.Equity0.42%$350,3913.5K
21ROIVRoivant Sciences Ltd.Equity0.42%$348,30830.9K
22VPUVanguard Utilities ETFETF0.39%$323,5201.8K
23SWKSSkyworks Solutions, IncEquity0.37%$310,9554.2K
24VISVanguard Industrials ETFETF0.36%$302,1651.1K
25BKLNInvesco Senior Loan ETF USD ClassETF0.36%$301,96114.4K
26IHYVanEck International High Yield Bond ETFETF0.36%$301,88513.7K
27JBBBJanus Henderson B-BBB CLO ETF USD ClassETF0.36%$300,7346.2K
28EXMOCExxon Mobil CorporationEquity0.36%$299,8942.8K
29GLDSPDR Gold Tr Gold ShsETF0.36%$298,073978
30NVDANVIDIA CorporationEquity0.30%$246,7831.6K
31HPEHewlett Packard Enterprise CompanyEquity0.28%$236,30011.6K
32HRLHormel Foods CorporationEquity0.27%$228,2137.5K
33ERIEErie Indemnity CompanyEquity0.27%$225,198649
34FFord Motor CompanyEquity0.18%$150,81813.9K

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 ↗.