Q3 2023 · 13F-HR
IAT REINSURANCE CO LTD.holdings as filed
Filed 2023-11-13 · accession 0001214659-23-014826
$504.8M
Reported value
78
Positions
2023-09-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 588056101 | MERC | MERCER INTERNATIONAL INC SBI | $141.4M | 28.0% | 16,480,000 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $36.1M | 7.15% | 111,500 | Common | SOLE |
| 754730109 | RJF | RAYMOND JAMES FNCL INC | $29.9M | 5.93% | 298,125 | Common | SOLE |
| G63907102 | NTPIF | NAM TAI PROPERTY INC | $27.4M | 5.43% | 5,774,800 | Common | SOLE |
| G63907PP1 | — | NAM TAI G63907-10-2 PRIVATE | $25.3M | 5.02% | 5,336,452 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $24.9M | 4.92% | 92,500 | Common | SOLE |
| 816300107 | SIGI | SELECTIVE INS GROUP INC | $20.6M | 4.09% | 200,000 | Common | SOLE |
| G7T96K107 | SRL | SCULLY ROYALTY LTD | $19.3M | 3.83% | 3,416,664 | Common | SOLE |
| 91879Q109 | MTN | VAIL RESORTS INC. | $18.6M | 3.69% | 84,000 | Common | SOLE |
| 42328H109 | HLIO | HELIOS TECHNOLOGIES INC | $16.6M | 3.30% | 300,000 | Common | SOLE |
| 47233W109 | JEF | JEFFERIES FINANCIAL GROUP INC | $13.2M | 2.62% | 360,872 | Common | SOLE |
| 8AMCSFQW9 | — | ARGONAUT GROUP STATUTORY TR - CALL | $12.0M | 2.38% | 12,000 | Common | SOLE |
| 219350105 | GLW | CORNING INC | $11.2M | 2.22% | 367,350 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $9.4M | 1.85% | 79,600 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $7.7M | 1.53% | 80,000 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $7.1M | 1.40% | 68,936 | Common | SOLE |
| 233331859 | — | DTE ENERGY CO - CALLABLE | $6.1M | 1.21% | 270,000 | Common | SOLE |
| 717098206 | — | PFSWEB INC | $5.6M | 1.11% | 750,000 | Common | SOLE |
| 097023105 | BA | BOEING CO | $5.3M | 1.04% | 27,400 | Common | SOLE |
| 00850L203 | — | AGRIBANK FCB - CALLABLE | $4.5M | 0.89% | 45,300 | Common | SOLE |
| 30767E406 | — | FARM CREDIT BK OF TEXAS-CALL-144A | $4.4M | 0.87% | 44,000 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE GROUP INC CLASS A | $4.1M | 0.81% | 38,000 | Common | SOLE |
| 19075Q862 | — | COBANK ACB | $3.6M | 0.70% | 36,296 | Common | SOLE |
| 25271C201 | DO1USD | DIAMOND OFFSHORE DRILLING INC | $3.1M | 0.61% | 208,583 | Common | SOLE |
| 23311P308 | — | DCP MIDSTREAM LP | $3.0M | 0.59% | 120,000 | Common | SOLE |
| 00206R300 | — | AT&T INC - CALLABLE | $2.9M | 0.57% | 130,000 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORPORATION | $2.7M | 0.53% | 16,000 | Common | SOLE |
| 269809885 | — | EAGLE POINT CREDIT CO-CALLABLE | $2.5M | 0.50% | 120,000 | Common | SOLE |
| 05580M819 | — | B RILEY FINANCIAL INC - CALLABLE | $2.5M | 0.50% | 140,000 | Common | SOLE |
| 928CNV760 | — | VOLKSWAGEN AG | $2.1M | 0.42% | 16,000 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO & CO NEW COM STK | $2.0M | 0.40% | 50,000 | Common | SOLE |
| 254687106 | DIS | DISNEY WALT CO | $1.9M | 0.37% | 23,070 | Common | SOLE |
| 247131303 | — | DELPHI FINANCIAL GROUP - CALLABLE | $1.7M | 0.34% | 77,797 | Common | SOLE |
| 369604301 | GE | GENERAL ELECTRIC CO | $1.7M | 0.33% | 15,125 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $1.6M | 0.33% | 6,250 | Common | SOLE |
| H84989104 | TEL1USD | TE CONNECTIVITY LIMITED | $1.5M | 0.31% | 12,500 | Common | SOLE |
| 05461T305 | — | AXIS CAPITAL HOLDINGS-CALLABLE | $1.4M | 0.28% | 70,000 | Common | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP NEW | $1.4M | 0.27% | 25,000 | Common | SOLE |
| 880591300 | — | TENNESSEE VALLEY AUTHORITY PARRS | $1.3M | 0.26% | 60,000 | Common | SOLE |
| G51502105 | JCI | JOHNSON CTLS INTL PLC | $1.3M | 0.25% | 23,874 | Common | SOLE |
| 22041E609 | CRSXQ | CORSA COAL CORP | $1.3M | 0.25% | 2,226,000 | Common | SOLE |
| 902973668 | USB 4.5 PERP O | US BANCORP -CALLABLE | $1.1M | 0.22% | 60,000 | Common | SOLE |
| 84790A105 | SPB | SPECTRUM BRANDS HOLDINGS INC | $1.0M | 0.20% | 12,799 | Common | SOLE |
| 92852X103 | VTS | VITESSE ENERGY INC | $972,115 | 0.19% | 42,469 | Common | SOLE |
| 06417N202 | — | BANK OZK | $924,000 | 0.18% | 60,000 | Common | SOLE |
| 742718109 | PG | PROCTER & GAMBLE CO | $831,402 | 0.16% | 5,700 | Common | SOLE |
| 74348T565 | — | PROSPECT CAP CORP | $779,500 | 0.15% | 50,000 | Common | SOLE |
| 169373107 | XXCHNXX | CHINA FUND INC | $722,971 | 0.14% | 68,399 | Common | SOLE |
| 35137L204 | FOX | FOX CORP CLASS B | $722,809 | 0.14% | 25,028 | Common | SOLE |
| 69360B104 | PHIG | PHI GROUP INC | $715,610 | 0.14% | 39,712 | Common | SOLE |
| 23204G803 | — | CUSTOMERS BANCORP INC | $710,800 | 0.14% | 40,000 | Common | SOLE |
| 444097307 | — | HUDSON PACIFIC PROPERTIES INC-CALL | $675,400 | 0.13% | 55,000 | Common | SOLE |
| 880591409 | — | TENNESSEE VALLEY AUTHORITY | $632,700 | 0.13% | 30,000 | Common | SOLE |
| 055622104 | BP | BP P.L.C. SPONSORED ADR - CMN | $580,800 | 0.12% | 15,000 | Common | SOLE |
| 67623C208 | — | OFFICE PPTYS INCOME TR | $551,600 | 0.11% | 40,000 | Common | SOLE |
| 42234Q201 | — | HEARTLAND FINANCIAL USA-CALLABLE | $543,375 | 0.11% | 22,500 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL CL A | $531,477 | 0.11% | 1 | Common | SOLE |
| 637417106 | NNN | NATIONAL RETAIL PPTYS INC | $459,420 | 0.09% | 13,000 | Common | SOLE |
| 04914Y300 | — | ATLANTICUS HOLDINS CORP - CALL | $445,600 | 0.09% | 20,000 | Common | SOLE |
| 36266G107 | GEHC | GE HEALTHCARE TECHNOLOGIES INC | $342,922 | 0.07% | 5,040 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $290,369 | 0.06% | 1,948 | Common | SOLE |
| 20731J102 | PRHI | CONIFER HOLDINGS INC | $287,575 | 0.06% | 250,000 | Common | SOLE |
| 78442P502 | — | SLM CORP PFD SERIES B | $279,450 | 0.06% | 4,500 | Common | SOLE |
| 459200101 | IBM | INTL BUSINESS MACHINES CORP | $210,450 | 0.04% | 1,500 | Common | SOLE |
| 50575Q300 | — | LADENBURG THALMAN FIN SVCS INC | $90,250 | 0.02% | 5,000 | Common | SOLE |
| 929740108 | WAB | WESTINGHOUSE AIR BRAKE TECH CORP | $68,757 | 0.01% | 647 | Common | SOLE |
| G0084W101 | ADNT | ADIENT LTD | $43,783 | 0.01% | 1,193 | Common | SOLE |
| 124830878 | CBL | CBL & ASSOC PPTYS INC | $13,805 | 0.00% | 658 | Common | SOLE |
| 67011P100 | DNOW | NOW INC DE | $13,057 | 0.00% | 1,100 | Common | SOLE |
| 92840M128 | — | VISTRA ENERGY CORP | $5,486 | 0.00% | 33,717 | Common | SOLE |
| 483007704 | KALU | KAISER ALUM CORP DEPOSITARY S CMN | $5,268 | 0.00% | 70 | Common | SOLE |
| 50155Q100 | KD | KYNDRYL HLDGS INC | $4,530 | 0.00% | 300 | Common | SOLE |
| 62856A102 | — | MYMETICS CORP | $3,498 | 0.00% | 2,186,473 | Common | SOLE |
| 949746887 | — | WELLS FARGO & COMPANY PFT SERIES J | $464 | 0.00% | 387 | Common | SOLE |
| 05532D107 | BLIAQ | BB LIQUIDATING INC - CLASS A | $108 | 0.00% | 54,211 | Common | SOLE |
| 05532D206 | BLIBQ | BB LIQUIDATING INC - CLASS B | $5 | 0.00% | 54,211 | Common | SOLE |
| 585ESC023 | — | MEDLEY LLC ESCROW | $4 | 0.00% | 40,000 | Common | SOLE |
| 77638R108 | — | ROOMSTORE INC - CMN | $4 | 0.00% | 43,661 | 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.