SEC 13F Intelligence

Managers / Q3 2024 · view latest →

Sound Income Strategies, LLC

CIK 0001730960 · 500 WEST CYPRESS CREEK ROAD, SUITE 290, FT LAUDERDALE, FL, 33309 · 954-487-1860

Reported Value
$1.6B
Q3 2024
Positions
1,409
Filings on Record
33
2019–present window
Filed
Oct 10, 2024
original filing

Summary

Sound Income Strategies, LLC reported $1.6B in U.S.-listed holdings across 1,409 positions for Q3 2024.

Its largest position, HTGC, represents 3.5% of the portfolio.

Compared with Q2 2024, the fund opened 145 new positions and exited 110.

Portfolio Metrics

Turnover
+12.4%
vs prior filed quarter
Top-10 Concentration
+26.9%
share of reported value
Largest Position
+3.5%
Hercules Capital
New / Exited
145 / 110
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. 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
Q4 ’18: $191MQ4 ’18Q1 ’19: $219MQ2 ’19: $289MQ3 ’19: $331MQ4 ’19: $590MQ4 ’19Q1 ’20: $291MQ2 ’20: $334MQ3 ’20: $366MQ4 ’20: $453MQ4 ’20Q3 ’21: $774MQ4 ’21: $850MQ1 ’22: $869MQ2 ’22: $750MQ2 ’22Q3 ’22: $688MQ4 ’22: $785MQ1 ’23: $920MQ2 ’23: $973MQ2 ’23Q3 ’23: $1.2BQ4 ’23: $1.2BQ1 ’24: $1.3BQ2 ’24: $1.6BQ2 ’24Q3 ’24: $1.6BQ4 ’24: $1.6BQ1 ’25: $1.7BQ2 ’25: $1.7BQ2 ’25Q3 ’25: $1.8BQ4 ’25: $2.1BQ1 ’26: $2.1Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 61.3%ETP: 22.4%REIT: 9.8%Other: 5.4%ADR: 1.0%Other: 0.2%
  • Common Stock · 61.3% · $952M
  • ETP · 22.4% · $347M
  • REIT · 9.8% · $153M
  • Other · 5.4% · $84M
  • ADR · 1.0% · $15M
  • Other · 0.2% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SONSONOCO PRODS CONEW+181.9K181.9K+$10M$10M
PERRIGO CO PLCNEW+375.4K375.4K+$10M$10M
MDYSPDR S&P MIDCAP 400 ETF TRNEW+5.1K5.1K+$3M$3M
ADTADT INC DELNEW+355.2K355.2K+$3M$3M
ISHARES TRNEW+11.5K11.5K+$1M$1M
LARGE CAP VALUEBLACKROCK ETF TRUSTNEW+8.3K8.3K+$269,712$269,712
TTCTORO CONEW+2.7K2.7K+$238,247$238,247
PHMPULTE GROUP INCNEW+1.6K1.6K+$226,347$226,347

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

Holdings — Q3 2024

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TIDAL ETF TRSOUND ENHANCED · SOUND EQUITY INM3.75%$58M2.67M
2HTGCHERCULES CAPITAL INChistory →COM3.46%$54M2.74M
3ARCCARES CAPITAL CORPhistory →COM2.99%$46M2.22M
4TSLXSIXTH STREET SPECIALTY LENDNhistory →COM2.88%$45M2.18M
5GBDCGOLUB CAP BDC INChistory →COM2.80%$44M2.88M
6ISHARES TR0-5YR HI YL CP2.73%$42M978.4K
7OBDCOWL ROCK CAPITAL CORPORATIONhistory →COM2.67%$41M2.84M
8VANECK VECTORS ETF TREMERGING MKTS HI2.52%$39M1.97M
9ISHARES INCJP MRGN EM HI BD2.40%$37M957.4K
10FIRST TREXCHNG TRADED FD VI TCW EMERGING MKT2.24%$35M2.10M
11PFLTPENNANTPARK FLOATING RATE CAhistory →COM2.21%$34M2.96M
12BXSLCOMMON STOCKBLACKSTONE SECD LENDING FDhistory →Business Development Company1.75%$27M926.6K
13TAT&T INChistory →COM1.67%$26M1.18M
14IBMINTERNATIONAL BUSINESS MACHShistory →COM1.59%$25M111.6K
15OMCOMNICOM GROUP INChistory →COM1.57%$24M235.8K
16LYONDELLBASELL INDUSTRIES NSHS - A -1.55%$24M251.3K
17ENBENBRIDGE INChistory →COM1.52%$24M582.0K
18GEF/BGREIF INChistory →CL B1.38%$21M306.5K
19AAPLAPPLE INChistory →COM1.33%$21M88.5K
20TRVCCITIGROUP INChistory →COM NEW1.30%$20M323.4K
21PFEPFIZER INChistory →COM1.30%$20M695.4K
22OKEONEOK INC NEWhistory →COM1.21%$19M205.9K
23PG4PRINCIPAL FINANCIAL GROUP INhistory →COM1.16%$18M210.1K
24CSCOCISCO SYS INChistory →COM1.14%$18M333.5K
25ABBVABBVIE INChistory →COM1.14%$18M89.6K
26MTBM & T BK CORPhistory →COM1.14%$18M99.0K
27MAINMAIN STR CAP CORPhistory →COM1.13%$18M351.4K
28SPGSIMON PPTY GROUP INC NEWhistory →COM1.11%$17M101.7K
29EIXEDISON INTLhistory →COM1.04%$16M184.9K
30OREALTY INCOME CORPhistory →COM1.01%$16M246.6K
31GLOBAL X FDSNASDAQ 100 COVER0.99%$15M855.1K
32NNNNATIONAL RETAIL PROPERTIES Ihistory →COM0.98%$15M315.1K
33VICIVICI PPTYS INChistory →COM0.97%$15M454.0K
34KVUECOMKENVUE INChistory →Equity Common Stock0.94%$15M629.1K
35PINEALPINE INCOME PPTY TR INChistory →COM0.93%$14M795.4K
36GSKSPONSORED ADRGSK PLChistory →Equity Common Stock0.92%$14M348.9K
37NATIONAL HEALTH INVS INCCOM0.92%$14M169.6K
38CSWCCAPITAL SOUTHWEST CORPhistory →COM0.91%$14M562.1K
39GLPIGAMING & LEISURE PPTYS INChistory →COM0.90%$14M271.9K
40PDCOEURPATTERSON COS INChistory →COM0.87%$14M618.4K
41ETRENTERGY CORP NEWhistory →COM0.83%$13M98.4K
42CTRECARETRUST REIT INChistory →COM0.82%$13M414.8K
43PKPARK HOTELS & RESORTS INChistory →COM0.80%$12M882.3K
44APLEAPPLE HOSPITALITY REIT INChistory →COM NEW0.78%$12M818.6K
45VLOVALERO ENERGY CORPhistory →COM0.77%$12M88.8K
46OGNORGANON & COhistory →COMMON STOCK0.75%$12M611.4K
47HRBBLOCK H & R INChistory →COM0.75%$12M182.8K
48CRICARTERS INChistory →COM0.73%$11M175.5K
49DOWDOW INChistory →COM0.73%$11M207.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.1B2,596Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.1B2,516Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.8B1,701Oct 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.7B1,609Jul 17, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.7B1,558Apr 17, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.6B1,478Jan 21, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.6B1,409Oct 10, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.6B1,385Jul 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.3B1,349Apr 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.2B1,319Jan 10, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.2B1,161Oct 12, 202313F-HRchanges · EDGAR ↗
Q2 2023$973M1,111Jul 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$920M1,057Apr 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$785M979Jan 11, 202313F-HRchanges · EDGAR ↗
Q3 2022$688M962Oct 18, 202213F-HRchanges · EDGAR ↗
Q2 2022$750M955Jul 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$869M933Apr 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$850M884Jan 13, 202213F-HRchanges · EDGAR ↗
Q3 2021$774M873Oct 12, 202113F-HRchanges · EDGAR ↗
Q2 2021Under review926Jul 13, 202113F-HRchanges · EDGAR ↗
Q1 2021Under review961Apr 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$453M950Jan 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$366M932Oct 8, 202013F-HRchanges · EDGAR ↗
Q2 2020$334M870Jul 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$291M868Apr 7, 202013F-HRchanges · EDGAR ↗
Q4 2019REVEALED$590M1,305Jan 6, 202013F-HRchanges · EDGAR ↗
Q3 2019$331M763Oct 4, 201913F-HRchanges · EDGAR ↗
Q2 2019$289M762Jul 16, 201913F-HRchanges · EDGAR ↗
Q1 2019$219M772Apr 4, 201913F-HRchanges · EDGAR ↗
Q4 2018$191M813Jan 11, 2019RESTATEMENTchanges · 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 ↗.