Q2 2024 · 13F-HR
IAT REINSURANCE CO LTD.holdings as filed
Filed 2024-08-02 · accession 0001214659-24-013597
$474.0M
Reported value
71
Positions
2024-06-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 588056101 | MERC | MERCER INTERNATIONAL INC SBI | $140.7M | 29.7% | 16,480,000 | Common | SOLE |
| 754730109 | RJF | RAYMOND JAMES FNCL INC | $36.9M | 7.77% | 298,125 | Common | SOLE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $34.0M | 7.18% | 75,200 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $28.9M | 6.10% | 92,500 | Common | SOLE |
| G7T96K107 | SRL | SCULLY ROYALTY LTD | $24.3M | 5.13% | 3,416,664 | Common | SOLE |
| G63907102 | NTPIF | NAM TAI PROPERTY INC | $23.1M | 4.87% | 5,774,800 | Common | SOLE |
| G63907PP1 | — | NAM TAI G63907-10-2 PRIVATE | $21.3M | 4.50% | 5,336,452 | Common | SOLE |
| 816300107 | SIGI | SELECTIVE INS GROUP INC | $18.8M | 3.96% | 200,000 | Common | SOLE |
| 91879Q109 | MTN | VAIL RESORTS INC. | $15.1M | 3.19% | 84,000 | Common | SOLE |
| 42328H109 | HLIO | HELIOS TECHNOLOGIES INC | $14.3M | 3.02% | 300,000 | Common | SOLE |
| 219350105 | GLW | CORNING INC | $14.3M | 3.01% | 367,350 | Common | SOLE |
| 8AMCSFQW9 | — | ARGONAUT GROUP STATUTORY TR - CALL | $12.0M | 2.53% | 12,000 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $9.2M | 1.93% | 79,600 | Common | SOLE |
| 291011104 | EMR | EMERSON ELEC CO | $8.8M | 1.86% | 80,000 | Common | SOLE |
| 247131303 | — | DELPHI FINANCIAL GROUP - CALLABLE | $7.9M | 1.66% | 328,790 | Common | SOLE |
| 880591409 | — | TENNESSEE VALLEY AUTHORITY | $5.7M | 1.21% | 260,000 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $5.5M | 1.16% | 33,936 | Common | SOLE |
| 30767E406 | — | FARM CREDIT BK OF TEXAS-CALL-144A | $4.4M | 0.93% | 44,000 | Common | SOLE |
| 19075Q862 | — | COBANK ACB | $4.1M | 0.86% | 41,196 | Common | SOLE |
| 269809885 | — | EAGLE POINT CREDIT CO-CALLABLE | $2.7M | 0.57% | 120,000 | Common | SOLE |
| 880591300 | — | TENNESSEE VALLEY AUTHORITY PARRS | $2.7M | 0.57% | 120,000 | Common | SOLE |
| 008252827 | — | AFFILIATED MANAGERS GROUP INC-CALL | $2.6M | 0.54% | 100,000 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORPORATION | $2.5M | 0.53% | 16,000 | Common | SOLE |
| 369604301 | GE | GENERAL ELECTRIC CO | $2.4M | 0.51% | 15,125 | Common | SOLE |
| 05580M819 | — | B RILEY FINANCIAL INC - CALLABLE | $2.1M | 0.44% | 140,000 | Common | SOLE |
| 80620A208 | — | SCE TR VIII-CALLABLE | $2.1M | 0.44% | 80,000 | Common | SOLE |
| 691543862 | — | OXFORD LANE CAP CORP | $2.0M | 0.42% | 80,000 | Common | SOLE |
| H84989104 | TEL1USD | TE CONNECTIVITY LIMITED | $1.9M | 0.40% | 12,500 | Common | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP NEW | $1.8M | 0.39% | 25,000 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $1.6M | 0.34% | 6,250 | Common | SOLE |
| G51502105 | JCI | JOHNSON CTLS INTL PLC | $1.6M | 0.33% | 23,874 | Common | SOLE |
| 896442605 | — | TRINITY CAPITAL INC - CALLABLE | $1.5M | 0.32% | 60,000 | Common | SOLE |
| 05461T305 | — | AXIS CAPITAL HOLDINGS-CALLABLE | $1.5M | 0.31% | 70,000 | Common | SOLE |
| 902973668 | USB 4.5 PERP O | US BANCORP -CALLABLE | $1.2M | 0.25% | 60,000 | Common | SOLE |
| 84790A105 | SPB | SPECTRUM BRANDS HOLDINGS INC | $1.1M | 0.23% | 12,799 | Common | SOLE |
| 69360B104 | PHIG | PHI GROUP INC | $972,944 | 0.21% | 39,712 | Common | SOLE |
| 742718109 | PG | PROCTER & GAMBLE CO | $940,044 | 0.20% | 5,700 | Common | SOLE |
| 06417N202 | — | BANK OZK | $934,200 | 0.20% | 60,000 | Common | SOLE |
| 74348T565 | — | PROSPECT CAP CORP | $835,000 | 0.18% | 50,000 | Common | SOLE |
| 23204G803 | — | CUSTOMERS BANCORP INC | $772,200 | 0.16% | 40,000 | Common | SOLE |
| 444097307 | — | HUDSON PACIFIC PROPERTIES INC-CALL | $753,500 | 0.16% | 55,000 | Common | SOLE |
| 169373107 | XXCHNXX | CHINA FUND INC | $692,198 | 0.15% | 68,399 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $648,308 | 0.14% | 3,780 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL CL A | $612,241 | 0.13% | 1 | Common | SOLE |
| 42234Q201 | — | HEARTLAND FINANCIAL USA-CALLABLE | $564,795 | 0.12% | 22,500 | Common | SOLE |
| 637417106 | NNN | NATIONAL RETAIL PPTYS INC | $553,800 | 0.12% | 13,000 | Common | SOLE |
| 055622104 | BP | BP P.L.C. SPONSORED ADR - CMN | $541,500 | 0.11% | 15,000 | Common | SOLE |
| 11259P307 | — | BROOKFIELD BRP HLDGS INC-CALLABLE | $512,800 | 0.11% | 20,000 | Common | SOLE |
| 390320885 | — | GREAT ELM CAP CORP-CALLABLE | $504,400 | 0.11% | 20,000 | Common | SOLE |
| 015857808 | — | ALGONQUIN POWER & UTILITIES CORP | $502,400 | 0.11% | 20,000 | Common | SOLE |
| 04914Y300 | — | ATLANTICUS HOLDINS CORP - CALL | $453,454 | 0.10% | 20,000 | Common | SOLE |
| 67623C208 | — | OFFICE PPTYS INCOME TR | $403,200 | 0.09% | 40,000 | Common | SOLE |
| 22041E609 | CRSXQ | CORSA COAL CORP | $394,002 | 0.08% | 2,226,000 | Common | SOLE |
| 36266G107 | GEHC | GE HEALTHCARE TECHNOLOGIES INC | $392,717 | 0.08% | 5,040 | Common | SOLE |
| 78442P502 | — | SLM CORP PFD SERIES B | $341,055 | 0.07% | 4,500 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $334,121 | 0.07% | 1,948 | Common | SOLE |
| 459200101 | IBM | INTL BUSINESS MACHINES CORP | $259,425 | 0.05% | 1,500 | Common | SOLE |
| 20731J102 | PRHI | CONIFER HOLDINGS INC | $187,625 | 0.04% | 250,000 | Common | SOLE |
| 50575Q300 | — | LADENBURG THALMAN FIN SVCS INC | $96,750 | 0.02% | 5,000 | Common | SOLE |
| 68622V106 | OGN | ORGANON CO | $62,100 | 0.01% | 3,000 | Common | SOLE |
| 29082K105 | EMBC | EMBECTA CORP | $50,000 | 0.01% | 4,000 | Common | SOLE |
| G0084W101 | ADNT | ADIENT LTD | $29,479 | 0.01% | 1,193 | Common | SOLE |
| 124830878 | CBL | CBL & ASSOC PPTYS INC | $15,384 | 0.00% | 658 | Common | SOLE |
| 67011P100 | DNOW | NOW INC DE | $15,103 | 0.00% | 1,100 | Common | SOLE |
| 50155Q100 | KD | KYNDRYL HLDGS INC | $7,893 | 0.00% | 300 | Common | SOLE |
| 483007704 | KALU | KAISER ALUM CORP DEPOSITARY S CMN | $6,153 | 0.00% | 70 | Common | SOLE |
| 05532D107 | BLIAQ | BB LIQUIDATING INC - CLASS A | $1,084 | 0.00% | 54,211 | Common | SOLE |
| 949746887 | — | WELLS FARGO & COMPANY PFT SERIES J | $128 | 0.00% | 387 | 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.