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Shaker Financial Services, LLC — 13F Holdings & Portfolio

CIK 1511794 · latest 13F-HR filed 2026-10-14

Backtest portfolio

Shaker Financial Services, LLC manages $303.1M in 13F-reported U.S. long-equity assets across 144 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are RVT (2.90%), ASG (2.74%), JCE (2.66%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 19 new positions and exited 23; 42 existing positions rose in reported value and 62 fell.

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.

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AUM
$303.1M

Long-equity book

Holdings
144

Distinct positions

Period
2026-09-30

Filed 2026-10-14

Q/Q Activity
+19 / −23 / ↑42 / ↓62

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
RVT2.9% · -15%ASG2.7% · +8%JCE2.7% · -10%GAB2.6% · -27%USA2.5% · -19%SPE2.3% · -16%ETB2.3% · +2%GDV2.1% · +36%FFA2.1% · -15%SOR1.9% · -18%EOI1.8% · -12%EOS1.8% · +6%ETY1.8% · +142%EEA1.7% · -1%SPXX1.7% · +4%TWN1.5% · -0%CET1.5% · +195%TBLD1.4% · newSCD1.4% · -14%DSL1.4% · +17%BLW1.3% · +16%CHW1.3% · +19%GAM1.3% · -24%PFL1.3% · +86%VEA1.2% · +0%ETG1.2% · +77%SABA1.1% · -26%ERC1.1% · +12%CII1.1% · newSPY1.1% · -0%RMT1.0% · -19%STEW1.0% · -40%TY1.0% · newMCN1.0% · +28%BGH1.0% · +16%HGLB0.9% · -19%IAE0.9% · -2%RGT0.9% · +4%PDI0.9% · newEVT0.9% · newPGP0.9% · -18%BWG0.9% · -21%MSD0.8% · -13%GHY0.8% · -34%VOO0.8% · -9%SWZ0.8% · +8%CGO0.8% · +4%PDO0.8% · +133%ACP0.8% · +17%DLY0.8% · +8%ARDC0.7% · +89%ETO0.7% · -20%TEI0.7% · +19%BDJ0.7% · -3%EAD0.7% · -41%EXG0.7% · +157%PHK0.7% · +158%BOE0.7% · +13%JPC0.7% · +246%FAX0.7% · new

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

5 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 24.1%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 27, 2026.

Assets Under Management
$286.3M
Discretionary
$286.3M
Employees
6
Accounts
588
Address
1997 ANNAPOLIS EXCHANGE PARKWAY
SUITE 300-349
ANNAPOLIS, MD 21401
Phone
(410) 224-0572
Website
Name Title / Status Ownership Type
BAUMMER, KATHRYN, SHAKER ControlPARTNER
since Sep 2007
50–75%Individual
SHAKER, ROBERT, M. ControlCHIEF COMPLIANCE OFFICER
since Sep 2004
50–75%Individual
Ownership & leadership changes · 2 filings with changes since Mar 29, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Feb 23, 2015 filing
  • No longer listedSHAKER, RICHARD, JOHN · FOUNDER · Less than 5% · control person · listed since Jan 2007
Mar 28, 2013 filing
  • ChangedBAUMMER, KATHRYN, SHAKER · ownership 10–25% → 50–75%
  • ChangedSHAKER, RICHARD, JOHN · title MANAGER → FOUNDER; ownership 75% or more → Less than 5%
  • ChangedSHAKER, ROBERT, M. · ownership 10–25% → 50–75%
Mar 29, 2012 filing (earliest on record)
  • ListedBAUMMER, KATHRYN, SHAKER · PARTNER · 10–25% · control person
  • ListedSHAKER, RICHARD, JOHN · MANAGER · 75% or more · control person
  • ListedSHAKER, ROBERT, M. · CHIEF COMPLIANCE OFFICER · 10–25% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Shaker Financial Services, LLC Holdings (2026-09-30)

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 ROYCE SMALL CAP TRUST INC RVT 780910105 $8.8M 2.90% 513,739 SH
2 LIBERTY ALL-STAR GROWTH FD I ASG 529900102 $8.3M 2.74% 1,642,101 SH
3 NUVEEN CORE EQUITY ALPHA FD JCE 67090X107 $8.1M 2.66% 464,820 SH
4 GABELLI EQUITY TR INC GAB 362397101 $8.0M 2.62% 1,518,357 SH
5 LIBERTY ALL STAR EQUITY FD USA 530158104 $7.7M 2.54% 1,334,591 SH
6 SPECIAL OPPORTUNITIES FD INC SPE 84741T104 $7.1M 2.33% 558,655 SH
7 EATON VANCE TAX MNGED BUY WR ETB 27828X100 $6.9M 2.26% 447,139 SH
8 GABELLI DIVID & INCOME TR GDV 36242H104 $6.3M 2.08% 222,969 SH
9 FIRST TR ENHANCED EQUITY FFA 337318109 $6.2M 2.05% 279,892 SH
10 SOURCE CAPITAL SOR 836144303 $5.7M 1.89% 125,834 SH
11 EATON VANCE ENHANCED EQUITY EOI 278274105 $5.4M 1.80% 273,850 SH
12 EATON VANCE ENHANCED EQUITY EOS 278277108 $5.4M 1.78% 253,907 SH
13 EATON VANCE TAX-MANAGED DIVE ETY 27828N102 $5.4M 1.78% 383,715 SH
14 EUROPEAN EQUITY FD INC EEA 298768102 $5.1M 1.70% 493,614 SH
15 NUVEEN S&P 500 DYNAMIC OVERW SPXX 6706EW100 $5.0M 1.65% 266,301 SH
16 TAIWAN FD INC TWN 874036106 $4.5M 1.49% 44,417 SH
17 CENTRAL SECS CORP CET 155123102 $4.4M 1.45% 79,373 SH
18 THORNBURG INCM BUILDER OPP T TBLD 885213108 $4.3M 1.43% 213,332 SH
19 LMP CAP & INCOME FD INC SCD 50208A102 $4.2M 1.40% 288,321 SH
20 DOUBLELINE INCOME SOLUTIONS DSL 258622109 $4.2M 1.37% 415,052 SH
21 BLACKROCK LTD DURATION INCOM BLW 09249W101 $4.0M 1.32% 348,687 SH
22 CALAMOS GBL DYN INCOME FUND CHW 12811L107 $4.0M 1.31% 491,862 SH
23 GENERAL AMERN INVS CO INC GAM 368802104 $3.9M 1.29% 61,535 SH
24 PIMCO INCOME STRATEGY FD PFL 72201H108 $3.8M 1.26% 548,253 SH
25 VANGUARD TAX-MANAGED FDS VEA 921943858 $3.7M 1.22% 52,531 SH
26 EATON VANCE TX ADV GLBL DIV ETG 27828S101 $3.7M 1.21% 158,081 SH
27 SABA CAPITAL INCOME & OPPORT SABA 880198205 $3.5M 1.15% 436,616 SH
28 ALLSPRING MULTI SECTOR INCOM ERC 94987D101 $3.4M 1.13% 397,685 SH
29 BLACKROCK ENHANCED LARGE CAP CII 09256A109 $3.4M 1.12% 141,946 SH
30 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $3.3M 1.08% 4,286 SH
31 ROYCE MICRO-CAP TR INC RMT 780915104 $3.1M 1.03% 233,299 SH
32 SRH TOTAL RETURN FUND INC STEW 101507101 $3.1M 1.03% 179,744 SH
33 TRI CONTL CORP TY 895436103 $3.0M 0.99% 86,983 SH
34 XAI MADISON EQUITY PREMIUM I MCN 557437100 $2.9M 0.96% 546,122 SH
35 BARINGS GLOBAL SHORT DURATIO BGH 06760L100 $2.9M 0.96% 219,769 SH
36 HIGHLAND GLOBAL ALLOCATION F HGLB 43010T104 $2.8M 0.91% 419,347 SH
37 VOYA ASIA PAC HIGH DIV EQT I IAE 92912J102 $2.7M 0.89% 303,062 SH
38 ROYCE GLOBAL TRUST INC RGT 78081T104 $2.7M 0.89% 189,057 SH
39 PIMCO DYNAMIC INCOME FD PDI 72201Y101 $2.7M 0.89% 189,156 SH
40 EATON VANCE TAX ADVT DIV INC EVT 27828G107 $2.6M 0.87% 94,702 SH
41 PIMCO GLOBAL STOCKPLUS INCOM PGP 722011103 $2.6M 0.87% 319,717 SH
42 BRANDYWINEGBL GBL INCM OPP F BWG 10537L104 $2.6M 0.85% 373,225 SH
43 MORGAN STANLEY EMKT DBT FD I MSD 61744H105 $2.6M 0.85% 373,948 SH
44 PGIM GLOBAL HIGH YIELD FD FO GHY 69346J106 $2.4M 0.81% 221,753 SH
45 VANGUARD INDEX FDS VOO 922908363 $2.4M 0.80% 3,478 SH
46 TOTAL RETURN SECURITIES FUND SWZ 870875101 $2.4M 0.80% 424,625 SH
47 CALAMOS GLOBAL TOTAL RETURN CGO 128118106 $2.4M 0.79% 185,151 SH
48 PIMCO DYNAMIC INCOME OPRNTS PDO 69355M107 $2.4M 0.78% 198,795 SH
49 ABRDN INCOME CREDIT STRATEGI ACP 003057106 $2.3M 0.76% 514,675 SH
50 DOUBLELINE YIELD OPPORTUNITI DLY 25862D105 $2.3M 0.75% 170,675 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-14 $303.1M 144 0001172661-26-004522
2026-06-30 2026-07-15 $319.2M 148 0001172661-26-002630
2026-03-31 2026-05-12 $286.9M 145 0001172661-26-001718
2025-12-31 2026-01-26 $315.5M 165 0001172661-26-000312
2025-09-30 2025-10-22 $291.6M 149 0001172661-25-004387
Filer Information
Address
1100 N. GLEBE RD.
SUITE 1010
ARLINGTON, VA 22201
Phone
(703) 258-0090
Filing Manager
Shaker Financial Services, LLC
Arlington, VA
Signatory
Robert Shaker
Chief Compliance Officer