INCOME RESEARCH & MANAGEMENT
CIK 1165830 · View on SEC EDGAR ↗
- Portfolio value
- $184.5M
- Positions
- 30
- As of
- June 30, 2026
#6,717 of 9,443 by 13F value · top 71.1%
Portfolio value QoQ: +9.4% 13F does not disclose cash
- Top 10 holdings weight
- 51.58%
- Top 25 holdings weight
- 96.14%
- Positions above 1%
- 27
- Effective number of positions
- 24.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 9.48% Est. buys $36,108,388 · sells $16,745,118
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 58.8% still held
- New positions
- 5
- Increased
- 1
- Decreased
- 11
- Closed
- 3
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Other/Unmapped
100.0%
Full portfolio 30 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| Unknown issuer (CUSIP: 09709UV70) | $10,684,020 | 5.79% | 8,503,000 | $-1,040,368 | Down ×1 | ||
| Unknown issuer (CUSIP: 298736AL3) | $10,265,626 | 5.56% | 12,112,000 | $43,098 | |||
| Unknown issuer (CUSIP: 90353TAM2) | $10,237,760 | 5.55% | 8,560,000 | $-55,640 | |||
| Unknown issuer (CUSIP: 018802AE8) | $9,903,640 | 5.37% | 9,000,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 92939UAT3) | $9,617,070 | 5.21% | 9,265,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 140501AE7) | $9,596,080 | 5.20% | 9,227,000 | $-723,333 | Down ×1 | ||
| Unknown issuer (CUSIP: 842587ED5) | $9,438,683 | 5.12% | 9,340,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 852234AK9) | $8,930,188 | 4.84% | 9,425,000 | $-718,525 | Down ×1 | ||
| Unknown issuer (CUSIP: 682189AU9) | $8,676,000 | 4.70% | 7,200,000 | $-1,372,700 | Down ×1 | ||
| Unknown issuer (CUSIP: 00971TAL5) | $7,810,799 | 4.23% | 6,518,000 | $-3,852,979 | Down ×1 | ||
| Unknown issuer (CUSIP: 595017BG8) | $7,671,492 | 4.16% | 6,978,000 | $775,832 | |||
| Unknown issuer (CUSIP: 29415FAD6) | $7,349,399 | 3.98% | 7,345,000 | $-1,294,792 | Down ×1 | ||
| Unknown issuer (CUSIP: 37940XAU6) | $7,027,425 | 3.81% | 7,830,000 | $128,795 | |||
| Unknown issuer (CUSIP: 65339KCY4) | $6,725,120 | 3.65% | 5,120,000 | $-1,488,880 | Down ×1 | ||
| Unknown issuer (CUSIP: 59001ABF8) | $6,404,558 | 3.47% | 6,215,000 | $419,513 | |||
| Unknown issuer (CUSIP: 29786AAN6) | $6,293,085 | 3.41% | 6,892,000 | $-1,155,487 | Down ×1 | ||
| Unknown issuer (CUSIP: 30034WAD8) | $5,294,173 | 2.87% | 3,722,000 | $-536,205 | Down ×1 | ||
| TXXI | $5,085,030 | 2.76% | 100,000 | $68,310 | |||
| Unknown issuer (CUSIP: 252131AM9) | $5,083,058 | 2.76% | 5,451,000 | $-535,963 | Down ×1 | ||
| TAXM | $5,048,500 | 2.74% | 100,000 | $65,430 | |||
| TAXX | $4,921,780 | 2.67% | 97,000 | $-133,720 | Down ×1 | ||
| Unknown issuer (CUSIP: 376535AG5) | $4,643,429 | 2.52% | 4,830,000 | $126,075 | |||
| Unknown issuer (CUSIP: 337932AV9) | $3,730,272 | 2.02% | 3,360,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 723484AK7) | $3,611,707 | 1.96% | 3,031,000 | $141,212 | |||
| Unknown issuer (CUSIP: 405024AD2) | $3,305,316 | 1.79% | 3,270,000 | $192,930 | |||
| Unknown issuer (CUSIP: 337932AT4) | $3,007,083 | 1.63% | 2,755,000 | Up ×1 | |||
| AGGS | $2,044,750 | 1.11% | 50,000 | $1,500 | |||
| WFCPRL | $929,029 | 0.50% | 803 | $-162 | |||
| Unknown issuer (CUSIP: 29786AAL0) | $700,262 | 0.38% | 740,000 | $416,459 | Up ×3 | ||
| BACPRL | $445,319 | 0.24% | 355 | $22,652 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| None | $700,262 | 0.38% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| Unknown issuer (CUSIP: 018802AE8) | $9,903,640 | 9,000,000 | 5.37% |
| Unknown issuer (CUSIP: 92939UAT3) | $9,617,070 | 9,265,000 | 5.21% |
| Unknown issuer (CUSIP: 842587ED5) | $9,438,683 | 9,340,000 | 5.12% |
| Unknown issuer (CUSIP: 337932AV9) | $3,730,272 | 3,360,000 | 2.02% |
| Unknown issuer (CUSIP: 337932AT4) | $3,007,083 | 2,755,000 | 1.63% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| — | Trimmed | -3.5M | -$3.9M |
| — | Trimmed | -800K | -$1.5M |
| — | Trimmed | -3.1M | -$1.4M |
| — | Trimmed | -1.4M | -$1.3M |
| — | Trimmed | -1.4M | -$1.2M |
| — | Trimmed | -1.3M | -$1.0M |
| — | Price move only | +0 | +$776K |
| — | Trimmed | -900K | -$723K |
| — | Trimmed | -900K | -$719K |
| — | Trimmed | -600K | -$536K |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| BLV | Sept. 30, 2025 | 720,997 | $50,138,131 | No longer tracked |
| VGLT | Sept. 30, 2025 | 705,962 | $39,618,587 | |
| EDV | Sept. 30, 2025 | 403,862 | $27,179,913 | No longer tracked |