Q3 2025 · 13F-HR
Shaker Financial Services, LLCholdings as filed
Filed 2025-10-22 · accession 0001172661-25-004387
$291.6M
Reported value
149
Positions
2025-09-30
Period end
The Brief · Shaker Financial Services, LLC · Q3 2025
AI · grounded in 13F
Shaker Financial Services, LLC closed its position in GAM for a reduction of $6.15M. The fund established new positions in ADX for $5.29M, HYT for $3.44M, and QQQX for $3.37M. Other notable exits included closing positions in XBMEX and BGH.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 128125101 | CSQ | CALAMOS STRATEGIC TOTAL RETU | $9.6M | 3.29% | 497,014 | Common | SOLE |
| 780915104 | RMT | ROYCE MICRO-CAP TR INC | $9.4M | 3.24% | 909,058 | Common | SOLE |
| 67090X107 | JCE | NUVEEN CORE EQUITY ALPHA FD | $8.7M | 2.97% | 540,238 | Common | SOLE |
| 530158104 | USA | LIBERTY ALL STAR EQUITY FD | $8.3M | 2.84% | 1,307,623 | Common | SOLE |
| 27828X100 | ETB | EATON VANCE TAX MNGED BUY WR | $7.4M | 2.54% | 493,646 | Common | SOLE |
| 529900102 | ASG | LIBERTY ALL-STAR GROWTH FD I | $7.3M | 2.50% | 1,314,729 | Common | SOLE |
| 155123102 | CET | CENTRAL SECS CORP | $6.8M | 2.34% | 132,905 | Common | SOLE |
| 12811L107 | CHW | CALAMOS GBL DYN INCOME FUND | $6.2M | 2.13% | 824,490 | Common | SOLE |
| 84741T104 | SPE | SPECIAL OPPORTUNITIES FD INC | $5.5M | 1.89% | 354,678 | Common | SOLE |
| 006212104 | ADX | ADAMS DIVERSIFIED EQUITY FD | $5.3M | 1.81% | 237,032 | Common | SOLE |
| 337318109 | FFA | FIRST TR ENHANCED EQUITY INC | $5.3M | 1.81% | 245,347 | Common | SOLE |
| 67075F105 | XDIAX | NUVEEN DOW 30 DYNMC OVERWRT | $4.9M | 1.69% | 324,768 | Common | SOLE |
| 298768102 | EEA | EUROPEAN EQUITY FD INC | $4.8M | 1.66% | 445,553 | Common | SOLE |
| 780910105 | RVT | ROYCE SMALL CAP TRUST INC | $4.7M | 1.60% | 289,696 | Common | SOLE |
| 27828Y108 | ETV | EATON VANCE TAX-MANAGED BUY- | $4.6M | 1.58% | 322,604 | Common | SOLE |
| 25862D105 | DLY | DOUBLELINE YIELD OPPORTUNITI | $4.4M | 1.52% | 294,710 | Common | SOLE |
| 35472T101 | FTF | FRANKLIN LTD DURATION INCOME | $4.4M | 1.51% | 693,377 | Common | SOLE |
| 258622109 | DSL | DOUBLELINE INCOME SOLUTIONS | $4.2M | 1.43% | 340,673 | Common | SOLE |
| 880198205 | SABA | SABA CAPITAL INCOME & OPPORT | $4.1M | 1.40% | 448,104 | Common | SOLE |
| 85208J109 | FUND | SPROTT FOCUS TR INC | $3.9M | 1.35% | 474,364 | Common | SOLE |
| 101507101 | STEW | SRH TOTAL RETURN FUND INC | $3.8M | 1.30% | 208,391 | Common | SOLE |
| 95766B109 | EHI | WESTERN ASSET GBL HIGH INC F | $3.7M | 1.27% | 553,533 | Common | SOLE |
| 94987B105 | XEADX | ALLSPRING INCOME OPPORTUNIT | $3.6M | 1.22% | 504,003 | Common | SOLE |
| 94987D101 | ERC | ALLSPRING MULTI SECTOR INCOM | $3.5M | 1.21% | 366,566 | Common | SOLE |
| 27828S101 | ETG | EATON VANCE TX ADV GLBL DIV | $3.5M | 1.18% | 163,373 | Common | SOLE |
| 09255P107 | HYT | BLACKROCK CORPOR HI YLD FD I | $3.4M | 1.18% | 362,415 | Common | SOLE |
| 670699107 | QQQX | NUVEEN NASDAQ 100 DYNAMIC OV | $3.4M | 1.15% | 120,498 | Common | SOLE |
| 09251A104 | BDJ | BLACKROCK ENHANCED EQUITY DI | $3.4M | 1.15% | 368,492 | Common | SOLE |
| 557437100 | MCN | XAI MADISON EQUITY PREMIUM I | $3.3M | 1.14% | 534,836 | Common | SOLE |
| 27829G106 | ETJ | EATON VANCE RISK-MANAGED DIV | $3.3M | 1.13% | 365,998 | Common | SOLE |
| 69355J104 | SDHY | PGIM SHORT DUR HIG YLD OPP F | $3.2M | 1.09% | 189,467 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $3.1M | 1.07% | 4,682 | Common | SOLE |
| 87911K100 | HQL | ABRDN LIFE SCIENCES INVESTOR | $3.1M | 1.05% | 197,804 | Common | SOLE |
| 10537L104 | BWG | BRANDYWINEGBL GBL INCM OPP F | $3.1M | 1.05% | 349,974 | Common | SOLE |
| 6706ER101 | XBXMX | NUVEEN S&P 500 BUY-WRITE INC | $2.9M | 1.01% | 199,227 | Common | SOLE |
| 19842X109 | STK | COLUMBIA SELIGM PREM TECH GR | $2.8M | 0.98% | 80,622 | Common | SOLE |
| 27829C105 | ETW | EATON VANCE TAX-MANAGED GLOB | $2.8M | 0.97% | 312,070 | Common | SOLE |
| 27828U106 | ETO | EATON VANCE TAX-ADVANTAGED G | $2.7M | 0.92% | 97,146 | Common | SOLE |
| 874036106 | TWN | TAIWAN FD INC | $2.7M | 0.92% | 49,438 | Common | SOLE |
| 09260E105 | BMEZ | BLACKROCK HEALTH SCIENCES TE | $2.7M | 0.91% | 184,069 | Common | SOLE |
| 92841M101 | XNIEX | VIRTUS EQUITY & CONV INCM FD | $2.6M | 0.91% | 105,374 | Common | SOLE |
| 47804L102 | HEQ | JOHN HANCOCK DIVERSIFIED INC | $2.6M | 0.90% | 247,175 | Common | SOLE |
| 00326L100 | XAODX | ABRDN TOTAL DYNAMIC DIVIDEND | $2.6M | 0.90% | 276,523 | Common | SOLE |
| 128118106 | CGO | CALAMOS GLOBAL TOTAL RETURN | $2.6M | 0.88% | 214,332 | Common | SOLE |
| 003057106 | ACP | ABRDN INCOME CREDIT STRATEGI | $2.6M | 0.88% | 442,146 | Common | SOLE |
| 278277108 | EOS | EATON VANCE ENHANCED EQUITY | $2.5M | 0.87% | 106,542 | Common | SOLE |
| 92829B101 | VGI | VIRTUS GLOBAL MULTI-SECTOR I | $2.5M | 0.85% | 310,852 | Common | SOLE |
| 27828H105 | XEVVX | EATON VANCE LIMITED DURATION | $2.5M | 0.84% | 242,714 | Common | SOLE |
| 410142103 | JHI | HANCOCK JOHN INVT TR II | $2.4M | 0.84% | 174,761 | Common | SOLE |
| 169373107 | XXCHNXX | CHINA FD INC | $2.4M | 0.84% | 132,112 | Common | SOLE |
| 95766J102 | HIX | WESTERN ASSET HIGH INCOM FD | $2.4M | 0.83% | 550,959 | Common | SOLE |
| 552727109 | MCR | MFS CHARTER INCOME TR | $2.4M | 0.83% | 376,312 | Common | SOLE |
| 092501105 | XBOEX | BLACKROCK ENHANCED GLOBAL DI | $2.1M | 0.71% | 178,470 | Common | SOLE |
| 27828G107 | XEVTX | EATON VANCE TAX ADVT DIV INC | $2.0M | 0.68% | 81,549 | Common | SOLE |
| 78081T104 | RGT | ROYCE GLOBAL TRUST INC | $2.0M | 0.68% | 153,815 | Common | SOLE |
| 03464A100 | FINS | ANGEL OAK FINL STRATEGIES IN | $1.9M | 0.65% | 144,976 | Common | SOLE |
| 67075G103 | JGH | NUVEEN GLOBAL HIGH INCOME FD | $1.9M | 0.65% | 138,919 | Common | SOLE |
| 18914E106 | GLO | CLOUGH GLOBAL OPPORTUNITIES | $1.9M | 0.64% | 327,298 | Common | SOLE |
| 88018T101 | TDF | TEMPLETON DRAGON FD INC | $1.8M | 0.63% | 157,589 | Common | SOLE |
| 19248C105 | LDP | COHEN & STEERS LTD DURATION | $1.8M | 0.63% | 84,484 | Common | SOLE |
| 870875101 | SWZ | TOTAL RETURN SECURITIES FUND | $1.8M | 0.62% | 298,862 | Common | SOLE |
| 09257R101 | BGB | BLACKSTONE STRATEGIC CRED 20 | $1.7M | 0.59% | 140,584 | Common | SOLE |
| 95766A101 | XEMDX | WESTERN ASSET EMERGING MKTS | $1.7M | 0.57% | 160,177 | Common | SOLE |
| 33741Q107 | FTHY | FIRST TR HIGH YIELD OPPRT 20 | $1.6M | 0.55% | 111,350 | Common | SOLE |
| 67080D103 | NPCT | NUVEEN CORE PLUS IMPACT FUND | $1.6M | 0.55% | 143,452 | Common | SOLE |
| 644465106 | GF | NEW GERMANY FD INC | $1.5M | 0.53% | 133,400 | Common | SOLE |
| 6706EW100 | XSSPX | NUVEEN S&P 500 DYNAMIC OVERW | $1.5M | 0.52% | 85,118 | Common | SOLE |
| 33848W106 | DFP | FLAHERTY & CRUMRINE DYNAMIC | $1.5M | 0.52% | 69,440 | Common | SOLE |
| 19248P106 | XFOFX | COHEN & STEERS CLOSED-END OP | $1.5M | 0.51% | 113,506 | Common | SOLE |
| 19248Y107 | PSF | COHEN & STEERS SELECT PFD & | $1.5M | 0.51% | 71,013 | Common | SOLE |
| 01879R106 | XAWFX | ALLIANCEBERNSTEIN GLOBAL HIG | $1.5M | 0.51% | 131,484 | Common | SOLE |
| 33718W103 | FPF | FIRST TR INTER DURATN PFD & | $1.4M | 0.48% | 73,260 | Common | SOLE |
| 92912J102 | IAE | VOYA ASIA PAC HIGH DIV EQT I | $1.4M | 0.47% | 181,933 | Common | SOLE |
| 94987C103 | EOD | ALLSPRING GLOBAL DIVIDEND OP | $1.3M | 0.45% | 228,138 | Common | SOLE |
| 670750108 | NMAI | NUVEEN MULTI ASSET INCOME FU | $1.3M | 0.45% | 99,145 | Common | SOLE |
| 41013T105 | PDT | HANCOCK JOHN PREM DIVID FD | $1.3M | 0.45% | 98,453 | Common | SOLE |
| 46131F101 | VLT | INVESCO HIGH INCOME TR II | $1.3M | 0.43% | 112,225 | Common | SOLE |
| 289074106 | ECF | ELLSWORTH GROWTH & INCOME FD | $1.2M | 0.39% | 99,201 | Common | SOLE |
| 09257D102 | BGX | BLACKSTONE LONG SHORT CR INC | $1.1M | 0.39% | 93,773 | Common | SOLE |
| 552737108 | MMT | MFS MULTIMARKET INCOME TR | $1.1M | 0.38% | 234,726 | Common | SOLE |
| 880191101 | EMF | TEMPLETON EMERGING MKTS FD | $1.1M | 0.38% | 65,894 | Common | SOLE |
| 19249X108 | PTA | COHEN & STEERS TAX ADVAN PFD | $1.1M | 0.38% | 54,006 | Common | SOLE |
| 47109U104 | JOF | JAPAN SMALLER CAPITALIZATION | $1.0M | 0.35% | 97,575 | Common | SOLE |
| 19247L106 | RQI | COHEN & STEERS QUALITY INCOM | $977,075 | 0.34% | 78,354 | Common | SOLE |
| 09260Q108 | BTX | BLACKROCK TECH AND PRIVATE E | $964,787 | 0.33% | 143,998 | Common | SOLE |
| 880192109 | TEI | TEMPLETON EMERGING MKTS INCO | $944,552 | 0.32% | 152,347 | Common | SOLE |
| 36242H104 | XGDVX | GABELLI DIVID & INCOME TR | $938,183 | 0.32% | 34,581 | Common | SOLE |
| 592834105 | MXE | MEXICO EQUITY & INCOME FD | $901,907 | 0.31% | 75,982 | Common | SOLE |
| 95766K109 | HIO | WESTERN ASSET HIGH INCOME OP | $817,351 | 0.28% | 210,902 | Common | SOLE |
| 059695106 | BCV | BANCROFT FD LTD | $766,800 | 0.26% | 35,042 | Common | SOLE |
| 27828Q105 | XEFRX | EATON VANCE SR FLTNG RTE TR | $737,457 | 0.25% | 64,463 | Common | SOLE |
| 48249T106 | KIO | KKR INCOME OPPORTUNITIES FD | $735,135 | 0.25% | 58,344 | Common | SOLE |
| 95766T100 | PAI | WESTERN ASSET INVESTMENT GRA | $734,776 | 0.25% | 57,081 | Common | SOLE |
| 67072T108 | JFR | NUVEEN FLOATING RATE INCOME | $716,419 | 0.25% | 86,681 | Common | SOLE |
| 092524107 | XBGYX | BLACKROCK ENHANCED INTL DIV | $698,855 | 0.24% | 121,540 | Common | SOLE |
| 61744H105 | MSD | MORGAN STANLEY EMKT DBT FD I | $687,739 | 0.24% | 91,212 | Common | SOLE |
| 27829F108 | XEXGX | EATON VANCE TAX-MANAGED GLOB | $629,165 | 0.22% | 69,139 | Common | SOLE |
| 92840R101 | NFJ | VIRTUS DIVIDEND INTEREST & P | $620,851 | 0.21% | 47,721 | Common | SOLE |
| 00764C109 | AVK | ADVENT CONV & INCOME FD | $615,327 | 0.21% | 48,110 | Common | SOLE |
| 617468103 | XCAFX | MORGAN STANLEY CHINA A SH FD | $613,468 | 0.21% | 36,845 | Common | SOLE |
| 00301W105 | AEF | ABRDN EMERGING MARKETS EX CH | $611,265 | 0.21% | 94,331 | Common | SOLE |
| 18914C100 | XGLQX | CLOUGH GLOBAL EQUITY FD | $587,546 | 0.20% | 77,207 | Common | SOLE |
| 112830104 | RA | BROOKFIELD REAL ASSETS INCOM | $566,932 | 0.19% | 42,435 | Common | SOLE |
| 76882B108 | XRSFX | RIVERNORTH CAP AND INCM FD I | $558,698 | 0.19% | 37,955 | Common | SOLE |
| 722011103 | XPGPX | PIMCO GLOBAL STOCKSPLS INCM | $539,765 | 0.19% | 62,625 | Common | SOLE |
| 278274105 | EOI | EATON VANCE ENHANCED EQUITY | $524,265 | 0.18% | 24,965 | Common | SOLE |
| 76882G107 | OPP | RIVERNORTH DOUBLELINE STRATE | $515,818 | 0.18% | 60,471 | Common | SOLE |
| 92838X805 | NCV | VIRTUS CONVERTIBLE & INCOME | $514,785 | 0.18% | 34,319 | Common | SOLE |
| 92912P108 | IHD | VOYA EMERGING MKTS HIGH DIVI | $505,399 | 0.17% | 80,607 | Common | SOLE |
| 95768B107 | HYI | WESTERN ASSET HIGH YIELD OPP | $493,460 | 0.17% | 41,825 | Common | SOLE |
| 42968F108 | PCF | HIGH INCOME SECS FD | $491,586 | 0.17% | 77,415 | Common | SOLE |
| 78518H202 | BRW | SABA CAPITAL INCOME & OPRNT | $470,575 | 0.16% | 60,563 | Common | SOLE |
| 92835W107 | ZTR | VIRTUS TOTAL RETURN FD INC | $454,235 | 0.16% | 70,424 | Common | SOLE |
| 41013V100 | HTD | HANCOCK JOHN TAX-ADVANTAGED | $448,756 | 0.15% | 18,095 | Common | SOLE |
| 95790A101 | IGI | WESTERN ASSET INVT GRADE OPP | $446,229 | 0.15% | 26,623 | Common | SOLE |
| 258623107 | DBL | DOUBLELINE OPPORTUNISTIC CR | $444,607 | 0.15% | 28,537 | Common | SOLE |
| 18913Y103 | GLV | CLOUGH GLOBAL DIVID & INCOME | $441,395 | 0.15% | 74,184 | Common | SOLE |
| 895436103 | TY | TRI CONTL CORP | $431,188 | 0.15% | 12,682 | Common | SOLE |
| 836144303 | XSORX | SOURCE CAPITAL | $416,481 | 0.14% | 9,251 | Common | SOLE |
| 67071B108 | JRS | NUVEEN REAL ESTATE INCOME FD | $413,334 | 0.14% | 49,501 | Common | SOLE |
| 95790C107 | GDO | WSTRN AST GLBL CORP OPP FD I | $407,268 | 0.14% | 33,791 | Common | SOLE |
| 003011103 | IAF | ABRDN AUSTRALIA EQUITY FD IN | $399,537 | 0.14% | 87,045 | Common | SOLE |
| 69346J106 | GHY | PGIM GLOBAL HIGH YIELD FD FO | $381,944 | 0.13% | 29,654 | Common | SOLE |
| 092508100 | BTZ | BLACKROCK CR ALLOCATION INCO | $364,650 | 0.13% | 33,000 | Common | SOLE |
| 27826S103 | EVF | EATON VANCE SR INCOME TR | $356,535 | 0.12% | 65,061 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $349,820 | 0.12% | 582 | Common | SOLE |
| 46131H107 | VVR | INVESCO SR INCOME TR | $339,080 | 0.12% | 98,000 | Common | SOLE |
| 09660L105 | DHF | BNY MELLON HIGH YIELD STRATE | $316,480 | 0.11% | 122,193 | Common | SOLE |
| 27828V104 | XEVGX | EATON VANCE SHORT DURATION D | $313,417 | 0.11% | 27,687 | Common | SOLE |
| 92838Y100 | AIO | VIRTUS ARTIFICIAL INTELLIGEN | $304,461 | 0.10% | 12,670 | Common | SOLE |
| 50208A102 | XSCDX | LMP CAP & INCOME FD INC | $297,350 | 0.10% | 19,000 | Common | SOLE |
| 592835102 | MXF | MEXICO FD INC | $287,384 | 0.10% | 14,588 | Common | SOLE |
| 09247F209 | BKT | BLACKROCK INCOME TR INC | $274,279 | 0.09% | 24,402 | Common | SOLE |
| 64190A103 | XNROX | NEUBERGER BERMAN REAL ESTATE | $257,367 | 0.09% | 79,680 | Common | SOLE |
| 92912R104 | IGA | VOYA GLBL ADV & PREM OPP FD | $242,326 | 0.08% | 24,428 | Common | SOLE |
| 500634209 | KF | KOREA FD INC | $241,624 | 0.08% | 7,900 | Common | SOLE |
| 09249E101 | BHK | BLACKROCK CORE BD TR | $240,548 | 0.08% | 24,200 | Common | SOLE |
| 55273C107 | MIN | MFS INTER INCOME TR | $231,418 | 0.08% | 86,350 | Common | SOLE |
| 09260U109 | BCAT | BLACKROCK CAP ALLOCATION TER | $229,245 | 0.08% | 15,500 | Common | SOLE |
| 09256A109 | CII | BLACKROCK ENHANCED LARGE CAP | $221,053 | 0.08% | 9,611 | Common | SOLE |
| 00306J109 | XJEQX | ABRDN JAPAN EQUITY FUND INC | $214,429 | 0.07% | 25,008 | Common | SOLE |
| 410123103 | JHS | HANCOCK JOHN INCOME SECS TR | $156,411 | 0.05% | 13,397 | Common | SOLE |
| 224916106 | CIK | CREDIT SUISSE ASSET MGMT INC | $153,345 | 0.05% | 52,336 | Common | SOLE |
| 278279104 | EFT | EATON VANCE FLTING RATE INC | $150,656 | 0.05% | 12,800 | Common | SOLE |
| 74255X104 | PGZ | PRINCIPAL REAL ESTATE INCOME | $142,560 | 0.05% | 13,629 | Common | SOLE |
| 746853100 | PPT | PUTNAM PREMIER INCOME TR | $126,811 | 0.04% | 34,366 | Common | SOLE |
| 355145103 | FT | FRANKLIN UNVL TR | $126,679 | 0.04% | 15,756 | Common | SOLE |
| 36240B109 | GCV | GABELLI CONV & INC SECS FD I | $113,270 | 0.04% | 27,426 | Common | SOLE |
| 09247F118 | BKT-R | BLACKROCK INCOME TR INC | $0 | — | 24,402 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.