EMG Holdings, L.P. — 13F Holdings & Portfolio
CIK 1478394 · latest 13F-HR filed 2026-08-14
EMG Holdings, L.P. manages $125.2M in 13F-reported U.S. long-equity assets across 21 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPY (14.91%), BKLN (13.74%), EFC (12.21%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 6 new positions, exited 9, added to 2, and trimmed 5.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
OLD GREENWICH, CT 06870
$125.2M
Long-equity book
21
Distinct positions
2026-06-30
Filed 2026-08-14
+6 / −9 / ↑2 / ↓5
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ELLINGTON FINANCIAL INC$3.9M +34.2%
- OPORTUN FINL CORP$152.5K +23.8%
Top Trims
- M/I HOMES INC-$3.7M -63.3%
- CAMDEN PPTY TR-$3.1M -57.1%
- MFA FINL INC-$3.0M -49.8%
- MID-AMER APT CMNTYS INC-$2.2M -51.6%
- BEELINE HOLDINGS INC-$221.2K -48.1%
New Positions
- AMERICAN HOMES 4 RENT$9.1M
- INVITATION HOMES INC$8.5M
- PENNYMAC MTG INVT TR$6.5M
- OWENS CORNING NEW$2.4M
- FIRST AMERN FINL CORP$2.1M
Exited Positions
- PENNYMAC FINL SVCS INC NEW$5.7M
- DYNEX CAP INC$4.4M
- KB HOME$4.0M
- FORTUNE BRANDS INNOVATIONS I$3.9M
- ESSENT GROUP LTD$3.5M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | STATE STR SPDR S&P 500 ETF T Put | SPY | 78462F103 | $18.7M | 14.91% | 25,000 | SH |
| 2 | INVESCO EXCH TRADED FD TR II Put | BKLN | 46138G508 | $17.2M | 13.74% | 844,400 | SH |
| 3 | ELLINGTON FINANCIAL INC | EFC | 28852N109 | $15.3M | 12.21% | 1,122,952 | SH |
| 4 | AMERICAN HOMES 4 RENT | AMH | 02665T306 | $9.1M | 7.23% | 270,000 | SH |
| 5 | HOME DEPOT INC Call | HD | 437076102 | $8.8M | 7.04% | 25,000 | SH |
| 6 | PENNYMAC FINL SVCS INC NEW Call | PFSI | 70932M107 | $8.7M | 6.96% | 100,000 | SH |
| 7 | ISHARES TR Put | TLT | 464287432 | $8.6M | 6.90% | 100,000 | SH |
| 8 | INVITATION HOMES INC | INVH | 46187W107 | $8.5M | 6.76% | 280,000 | SH |
| 9 | PENNYMAC MTG INVT TR | PMT | 70931T103 | $6.5M | 5.15% | 572,080 | SH |
| 10 | CENTURY COMMUNITIES INC | CCS | 156504300 | $3.2M | 2.52% | 44,061 | SH |
| 11 | ROCKET COS INC Call | RKT | 77311W101 | $3.1M | 2.52% | 200,000 | SH |
| 12 | MFA FINL INC | MFA | 55272X607 | $3.1M | 2.45% | 317,127 | SH |
| 13 | OWENS CORNING NEW | OC | 690742101 | $2.4M | 1.90% | 15,000 | SH |
| 14 | CAMDEN PPTY TR | CPT | 133131102 | $2.3M | 1.85% | 20,176 | SH |
| 15 | M/I HOMES INC | MHO | 55305B101 | $2.1M | 1.71% | 13,343 | SH |
| 16 | FIRST AMERN FINL CORP | FAF | 31847R102 | $2.1M | 1.64% | 30,000 | SH |
| 17 | MID-AMER APT CMNTYS INC | MAA | 59522J103 | $2.1M | 1.64% | 14,800 | SH |
| 18 | RADIAN GROUP INC | RDN | 750236101 | $1.9M | 1.50% | 50,000 | SH |
| 19 | OPORTUN FINL CORP | OPRT | 68376D104 | $794.1K | 0.63% | 139,072 | SH |
| 20 | ELLINGTON CREDIT COMPANY | EARN | 288578107 | $659.0K | 0.53% | 149,086 | SH |
| 21 | BEELINE HOLDINGS INC | BLNE | 277802500 | $238.9K | 0.19% | 195,781 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $125.2M | 21 | 0001478394-26-000005 |
| 2026-03-31 | 2026-05-19 | $396.6M | 27 | 0001478394-26-000004 |
| 2025-12-31 | 2026-02-17 | $135.2M | 27 | 0001478394-26-000001 |
| 2025-09-30 | 2025-11-14 | $266.1M | 26 | 0001478394-25-000004 |