IAT REINSURANCE CO LTD. — 13F Holdings & Portfolio
CIK 1633625 · latest 13F-HR filed 2026-05-14
IAT REINSURANCE CO LTD. manages $309.6M in 13F-reported U.S. long-equity assets across 67 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are AMGN (10.51%), NTPIF (9.66%), NTPIF (8.93%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 8, added to 12, and trimmed 16.
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.
$309.6M
Long-equity book
67
Distinct positions
2026-03-31
Filed 2026-05-14
+4 / −8 / ↑12 / ↓16
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- NAM TAI PROPERTY INC$5.1M +20.5%
- NAM TAI G63907-10-2 PRIVATE$4.7M +20.5%
- EXXON MOBIL CORP$3.9M +41.0%
- HELIOS TECHNOLOGIES INC$3.4M +21.0%
- XCEL ENERGY INC-CALLABLE$2.9M +146.8%
Top Trims
- CORNING INC-$22.8M -70.8%
- MERCER INTERNATIONAL INC SBI-$9.6M -28.3%
- SCULLY ROYALTY LTD-$2.5M -8.5%
- KKR & CO INC-$496.8K -10.7%
- GENERAL ELECTRIC CO-$366.9K -7.9%
New Positions
- UBER TECHNOLOGIES, INC$755.3K
- FIFTH THIRD BANCORP-CALLABLE$523.0K
- RIGHTS PRESURANCE HOLD-CONIFER$127.4K
- MYMETICS CORP$0
Exited Positions
- GOLDMAN SACHS GROUP INC$18.5M
- COMERICA INC-CALLABLE$523.4K
- CONIFER HOLDINGS INC$178.2K
- LADENBURG THALMAN FIN SVCS INC$112.5K
- BB LIQUIDATING INC - CLASS A$813
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 | AMGEN INC | AMGN | 031162100 | $32.5M | 10.51% | 92,500 | SH |
| 2 | NAM TAI PROPERTY INC | NTPIF | G63907102 | $29.9M | 9.66% | 5,774,800 | SH |
| 3 | NAM TAI G63907-10-2 PRIVATE | NTPIF | G63907PP1 | $27.6M | 8.93% | 5,336,452 | SH |
| 4 | SCULLY ROYALTY LTD | SRL | G7T96K107 | $26.7M | 8.63% | 3,416,664 | SH |
| 5 | MERCER INTERNATIONAL INC SBI | MERC | 588056101 | $24.5M | 7.90% | 17,220,000 | SH |
| 6 | HELIOS TECHNOLOGIES INC | HLIO | 42328H109 | $19.4M | 6.27% | 300,000 | SH |
| 7 | EXXON MOBIL CORP | XOM | 30231G102 | $13.5M | 4.36% | 79,600 | SH |
| 8 | ARGONAUT GROUP STATUTORY TR - CALL | — | 8AMCSFQW9 | $12.0M | 3.88% | 12,000 | SH |
| 9 | VAIL RESORTS INC. | MTN | 91879Q109 | $10.8M | 3.48% | 84,000 | SH |
| 10 | CORNING INC | GLW | 219350105 | $9.4M | 3.04% | 368,350 | SH |
| 11 | DELPHI FINANCIAL GROUP - CALLABLE | — | 247131303 | $7.9M | 2.55% | 328,790 | SH |
| 12 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $6.9M | 2.23% | 33,936 | SH |
| 13 | TENNESSEE VALLEY AUTHORITY | TVE | 880591409 | $6.3M | 2.02% | 260,000 | SH |
| 14 | WINTRUST FINANCIAL CORP-CALL | WTFCN | 97650W702 | $6.2M | 2.00% | 240,000 | SH |
| 15 | ALGONQUIN POWER & UTILITIES CORP | AQNB | 015857808 | $5.2M | 1.67% | 200,000 | SH |
| 16 | XCEL ENERGY INC-CALLABLE | XELLL | 98389B878 | $4.9M | 1.60% | 200,000 | SH |
| 17 | GENERAL ELECTRIC CO | GE | 369604301 | $4.3M | 1.39% | 15,125 | SH |
| 18 | KKR & CO INC | KKRT | 48251W609 | $4.1M | 1.33% | 180,000 | SH |
| 19 | GE VERNOVA INC | GEV | 36828A101 | $3.3M | 1.07% | 3,780 | SH |
| 20 | WESBANCO INC - CALLABLE | WSBCO | 950810887 | $3.3M | 1.05% | 130,000 | SH |
| 21 | TENNESSEE VALLEY AUTHORITY PARRS | TVC | 880591300 | $2.9M | 0.95% | 120,000 | SH |
| 22 | EAGLE POINT CREDIT CO-CALLABLE | ECCV | 269809885 | $2.8M | 0.91% | 120,000 | SH |
| 23 | TE CONNECTIVITY COM | TEL | G87052109 | $2.6M | 0.84% | 12,500 | SH |
| 24 | OXFORD LANE CAP CORP | OXLCG | 691543854 | $2.5M | 0.80% | 100,000 | SH |
| 25 | F&G ANNUITIES & LIFE INC - CALLABL | FGSN | 30190A609 | $2.4M | 0.78% | 120,000 | SH |
| 26 | B RILEY FINANCIAL INC - CALLABLE | RILYZ | 05580M819 | $2.3M | 0.76% | 140,000 | SH |
| 27 | PARTNERRE LTD - CALLABLE | — | G68603169 | $2.0M | 0.66% | 120,000 | SH |
| 28 | OXFORD LANE CAP CORP | OXLCI | 691543862 | $2.0M | 0.65% | 80,000 | SH |
| 29 | RAMCO RES INC-CALLABLE | METCI | 75134P808 | $2.0M | 0.65% | 80,000 | SH |
| 30 | TRITON INTL LTD-CALLABLE | TRTNPF | G9078F164 | $2.0M | 0.63% | 80,000 | SH |
| 31 | NEWTEKONE INC-CALLABLE | NEWTP | 652526864 | $1.9M | 0.62% | 80,000 | SH |
| 32 | TANSCANADA PIPELINE STR | TCPA | 893526681 | $1.9M | 0.61% | 80,000 | SH |
| 33 | ASPEN INSURANCE HOLDINGS-CALL | AHLPF | G05384170 | $1.9M | 0.60% | 80,000 | SH |
| 34 | COREBRIDGE FINL INC-CALLABLE | CRBD | 21871X208 | $1.8M | 0.59% | 80,000 | SH |
| 35 | AFFILIATED MANAGERS GROUP INC-CALL | MGRE | 008252827 | $1.8M | 0.58% | 80,000 | SH |
| 36 | JOHNSON CTLS INTL PLC | JCI | G51502105 | $1.6M | 0.50% | 11,937 | SH |
| 37 | AXIS CAPITAL HOLDINGS-CALLABLE | AXSPE | 05461T305 | $1.4M | 0.44% | 70,000 | SH |
| 38 | PHI GROUP INC | PHIL | 69360B104 | $1.2M | 0.40% | 39,712 | SH |
| 39 | US BANCORP -CALLABLE | USBPS | 902973668 | $1.0M | 0.34% | 60,000 | SH |
| 40 | BANK OZK | OZKAP | 06417N202 | $964.2K | 0.31% | 60,000 | SH |
| 41 | SPECTRUM BRANDS HOLDINGS INC | SPB | 84790A105 | $943.3K | 0.30% | 12,799 | SH |
| 42 | AMERICAN FINL GROUP INC OHIO-CALL | AFGC | 025932880 | $902.0K | 0.29% | 50,000 | SH |
| 43 | CUSTOMERS BANCORP INC | CUBB | 23204G803 | $900.0K | 0.29% | 40,000 | SH |
| 44 | PROCTER & GAMBLE CO | PG | 742718109 | $823.3K | 0.27% | 5,700 | SH |
| 45 | GLOBE LIFE INC - CALLABLE | GLPD | 37959E300 | $769.0K | 0.25% | 50,000 | SH |
| 46 | UBER TECHNOLOGIES, INC | UBER | 90353T100 | $755.3K | 0.24% | 10,500 | SH |
| 47 | HUDSON PACIFIC PROPERTIES INC-CALL | HPPPC | 444097307 | $727.1K | 0.23% | 55,000 | SH |
| 48 | BERKSHIRE HATHAWAY INC DEL CL A | BRK.A | 084670108 | $718.1K | 0.23% | 1 | SH |
| 49 | ARCH CAPITAL GROUP LTD | ACGLN | 03939A404 | $663.4K | 0.21% | 40,000 | SH |
| 50 | FIFTH THIRD BANCORP-CALLABLE | FITBM | 316773837 | $523.0K | 0.17% | 20,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-14 | $309.6M | 67 | 0001214659-26-006107 |
| 2025-12-31 | 2026-02-10 | $341.5M | 71 | 0001214659-26-001387 |
| 2025-09-30 | 2025-11-10 | $474.9M | 86 | 0001214659-25-016141 |