— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

Karpus Management, Inc.

Q2 2025 · Filed 2025-08-14
Market Value
$2.6B
+4.2%
Holdings
166
+6
New Purchases
21
Added To
46
Closed
19
Reduced
69
Top 10 Concentration
38.0%
Turnover
24.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BLV 2.48% 0.31% +2.17% $65M
QSEAU 0.88% 0.00% +0.88% $23M
FINS 2.75% 1.90% +0.84% $72M
VTES 0.90% 0.08% +0.82% $23M
BHK 0.74% 0.00% +0.74% $19M
CHAC 0.70% 0.00% +0.70% $18M
IWB 1.11% 0.45% +0.67% $29M
TVA 0.59% 0.00% +0.59% $15M
VOO 9.94% 9.46% +0.47% $260M
BTT 3.01% 2.55% +0.46% $79M
VEU 1.65% 1.21% +0.44% $43M
GCOW 0.34% 0.00% +0.34% $9M
EZU 0.31% 0.00% +0.31% $8M
SHM 1.68% 1.37% +0.31% $44M
COPL 0.30% 0.00% +0.30% $8M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NEA 0.21% 2.74% -2.53% $5M
NRK 5.50% 7.37% -1.87% $144M
NAD 0.04% 1.46% -1.43% $963K
DMF 0.00% 0.72% -0.72% $0
MVF 2.29% 2.89% -0.60% $60M
VGM 0.66% 1.23% -0.57% $17M
BMEZ 0.00% 0.55% -0.55% $0
IEF 1.15% 1.59% -0.44% $30M
MHD 3.08% 3.49% -0.41% $80M
ECAT 0.00% 0.41% -0.41% $0
MUC 1.85% 2.15% -0.30% $48M
NAC 0.00% 0.27% -0.27% $0
MIN 0.53% 0.76% -0.23% $14M
BGY 0.78% 0.99% -0.21% $20M
GDST 0.00% 0.20% -0.20% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 11 $441M 16.9%
Large Cap 20 $354M 13.5%
Mid Cap 15 $252M 9.7%
Small Cap 63 $1.2B 45.5%
Micro Cap 57 $376M 14.4%

Portfolio Analytics

Avg Market Cap
$70.5B
Median Market Cap
$507M
Avg P/E
32.0
Median P/E
25.0
Avg Dividend Yield
0.04%
Avg Beta
0.66
# Stocks
58
# ETFs / Funds
108

Top Holdings (166 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VOO 9.94% 457,002 $260M $568.03 $22M -4,798 -1.0%
2 NRK 5.50% 14,487,996 $144M $9.91 -$41M -3,454,464 -19.2%
3 MHD 3.08% 7,184,055 $80M $11.20 -$7M -262,700 -3.5%
4 IVV 3.04% 127,960 $79M $620.90 $733K -12,131 -8.7%
5 BTT 3.01% 3,587,879 $79M $21.89 $15M +575,137 +19.1%
6 VB 2.95% 324,978 $77M $236.98 $5M -1,260 -0.4%
7 FINS 2.75% 5,531,335 $72M $12.98 $24M +1,989,029 +56.1%
8 EIM 2.70% 7,294,955 $71M $9.67 $616K +281,307 +4.0%
9 WIA 2.60% 8,077,278 $68M $8.40 $3M +271,923 +3.5%
10 BLV 2.48% 931,254 $65M $69.54 $57M +819,674 +734.6%
11 YCY 2.39% 6,002,484 $63M $10.42 -$488K -41,044 -0.7%
12 VWO 2.32% 1,223,172 $60M $49.46 $6M +11,526 +0.9%
13 MVF 2.29% 9,074,236 $60M $6.58 -$13M -1,256,908 -12.2%
14 NBXG 2.03% 3,627,001 $53M $14.60 $8M -58,745 -1.6%
15 MUC 1.85% 4,659,226 $48M $10.35 -$6M -370,157 -7.4%
16 QQQX 1.83% 1,803,255 $48M $26.47 $5M -12,030 -0.7%
17 GDV 1.78% 1,788,008 $47M $26.01 $4M +15,299 +0.9%
18 SHM 1.68% 918,500 $44M $47.83 $10M +197,281 +27.4%
19 BFK 1.65% 4,504,536 $43M $9.59 -$446K +95,957 +2.2%
20 BLE 1.65% 4,287,798 $43M $10.04 $2M +334,809 +8.5%
21 VEU 1.65% 639,394 $43M $67.22 $13M +140,767 +28.2%
22 VTI 1.61% 137,997 $42M $303.93 $3M -4,075 -2.9%
23 IEUR 1.21% 475,630 $31M $66.20 $3M +4,632 +1.0%
24 IEF 1.15% 313,969 $30M $95.77 -$10M -105,318 -25.1%
25 VUG 1.14% 67,753 $30M $438.40 $5M +1,387 +2.1%
26 IWB 1.11% 85,468 $29M $339.57 $18M +49,018 +134.5%
27 VPL 1.10% 348,892 $29M $82.18 $4M +9,681 +2.9%
28 KTF 1.03% 3,057,936 $27M $8.84 $5M +684,776 +28.9%
29 IBAC 1.03% 2,587,032 $27M $10.44 $39K -31,425 -1.2%
30 BND 0.99% 352,611 $26M $73.63 -$816K -11,970 -3.3%
31 VTES 0.90% 232,100 $23M $100.93 $21M +212,050 +1057.6%
32 QSEAU 0.88% 2,300,475 $23M $10.04 +2,300,475 NEW
33 VGK 0.81% 273,082 $21M $77.50 $2M +1,851 +0.7%
34 XLF 0.80% 398,598 $21M $52.37 $2M +24,398 +6.5%
35 BGY 0.78% 3,498,542 $20M $5.79 -$5M -925,792 -20.9%
36 MHN 0.77% 2,050,570 $20M $9.82 -$803K -12,429 -0.6%
37 VKQ 0.77% 2,185,216 $20M $9.15 -$1M -34,499 -1.6%
38 BHK 0.74% 1,986,275 $19M $9.72 +1,986,275 NEW
39 MYN 0.73% 1,997,155 $19M $9.53 -$1M -20,601 -1.0%
40 CHAC 0.70% 1,815,750 $18M $10.07 +1,815,750 NEW
41 ASG 0.69% 3,285,168 $18M $5.47 $2M -2,297 -0.1%
42 BOE 0.68% 1,565,313 $18M $11.35 -$3M -333,833 -17.6%
43 ETO 0.67% 644,155 $18M $27.19 $1M -15,294 -2.3%
44 VGM 0.66% 1,822,741 $17M $9.49 -$14M -1,281,993 -41.3%
45 VGT 0.65% 25,630 $17M $663.28 $3M -184 -0.7%
46 EXG 0.62% 1,858,987 $16M $8.75 -$4M -626,776 -25.2%
47 ANSC 0.59% 1,417,468 $15M $10.85 $2M +150,975 +11.9%
48 TVA 0.59% 1,519,975 $15M $10.09 +1,519,975 NEW
49 EVT 0.58% 629,393 $15M $24.10 $385K -5,919 -0.9%
50 ETW 0.56% 1,695,491 $15M $8.65 $410K -32,479 -1.9%
51 MIN 0.53% 5,108,866 $14M $2.71 -$5M -1,941,111 -27.5%
52 BBJP 0.48% 202,251 $12M $61.78 $2M +16,066 +8.6%
53 BST 0.47% 322,983 $12M $38.17 $2M +22,215 +7.4%
54 DPG 0.46% 970,597 $12M $12.41 -$475K -53,123 -5.2%
55 CHW 0.45% 1,656,186 $12M $7.13 $3M +310,155 +23.0%
56 AFJK 0.45% 1,061,419 $12M $11.06 -$131K -17,688 -1.6%
57 HNW 0.44% 920,566 $12M $12.51 $349K -14,337 -1.5%
58 RENE 0.41% 901,719 $11M $11.96 -$75K -13,175 -1.4%
59 PGACU 0.40% 1,032,600 $11M $10.18 $1M +129,775 +14.4%
60 BIGZ 0.40% 1,423,101 $10M $7.34 $1M -64,801 -4.4%
61 IGD 0.40% 1,798,212 $10M $5.80 -$2M -356,641 -16.6%
62 IPEX 0.40% 1,030,286 $10M $10.11 $2M +175,525 +20.5%
63 MEGI 0.38% 689,551 $10M $14.21 -$610K -92,455 -11.8%
64 EWC 0.35% 199,599 $9M $46.20 $3M +49,441 +32.9%
65 BSTZ 0.35% 439,459 $9M $20.75 -$3M -244,322 -35.7%
66 TDF 0.35% 903,273 $9M $9.99 $138K -12,783 -1.4%
67 GCOW 0.34% 236,522 $9M $37.97 +236,522 NEW
68 CAF 0.33% 619,887 $9M $13.78 $459K +2,076 +0.3%
69 EZU 0.31% 137,460 $8M $59.45 +137,460 NEW
70 JOF 0.31% 827,658 $8M $9.64 -$366K -166,937 -16.8%
71 COPL 0.30% 781,989 $8M $10.07 +781,989 NEW
72 IEV 0.29% 120,344 $8M $63.25 -$494K -18,922 -13.6%
73 MLAC 0.28% 724,320 $7M $10.26 -$2M -195,480 -21.2%
74 VMO 0.28% 807,808 $7M $9.18 -$4M -380,624 -32.0%
75 KIO 0.27% 571,401 $7M $12.56 -$1M -104,900 -15.5%
76 ZTR 0.27% 1,123,948 $7M $6.23 $85K -34,761 -3.0%
77 MMU 0.26% 691,790 $7M $9.90 -$283K -1,250 -0.2%
78 STEW 0.25% 372,566 $7M $17.68 -$2M -136,649 -26.8%
79 UCFI 0.25% 629,525 $7M $10.44 -$94K -5,950 -0.9%
80 TDAC 0.24% 616,775 $6M $10.27 $216K +9,850 +1.6%
81 IIF 0.24% 223,274 $6M $28.23 -$270K -46,214 -17.1%
82 EWY 0.23% 83,418 $6M $71.78 +83,418 NEW
83 MIO 0.22% 496,367 $6M $11.80 +496,367 NEW
84 MGF 0.22% 1,832,776 $6M $3.12 -$422K -104,103 -5.4%
85 NEA 0.21% 500,732 $5M $10.92 -$63M -5,630,875 -91.8%
86 DSM 0.18% 856,403 $5M $5.60 $5M +830,610 +3220.3%
87 EWZ 0.18% 165,578 $5M $28.85 $1M +28,681 +20.9%
88 BSV 0.18% 60,670 $5M $78.70 -$362K -4,950 -7.5%
89 GF 0.17% 372,882 $4M $11.94 $73K -73,547 -16.5%
90 IQI 0.16% 453,196 $4M $9.38 -$2M -178,368 -28.2%
91 EOD 0.16% 780,541 $4M $5.39 $354K +2,168 +0.3%
92 MVT 0.16% 398,165 $4M $10.32 $588K +65,037 +19.5%
93 TWN 0.16% 91,145 $4M $44.81 $2M +42,256 +86.4%
94 ATMC 0.15% 341,817 $4M $11.71 $25K -750 -0.2%
95 RFMZ 0.13% 278,326 $4M $12.64 -$205K +931 +0.3%
96 PELIR 0.13% 350,250 $4M $10.03 +350,250 NEW
97 MYI 0.13% 327,800 $3M $10.49 -$58K +9,600 +3.0%
98 MQT 0.13% 348,061 $3M $9.64 $3M +262,728 +307.9%
99 MUJ 0.13% 303,280 $3M $10.95 -$91K
100 FFA 0.13% 160,460 $3M $20.48 -$88K -14,171 -8.1%

New Positions

SymbolValue% Port
QSEAU $23M 0.88%
BHK $19M 0.74%
CHAC $18M 0.70%
TVA $15M 0.59%
GCOW $9M 0.34%
EZU $8M 0.31%
COPL $8M 0.30%
EWY $6M 0.23%
MIO $6M 0.22%
PELIR $4M 0.13%
XRPNU $3M 0.12%
LCCC $3M 0.10%
SZZLU $2M 0.07%
GSHRU $2M 0.06%
NHIC $1M 0.05%

Sold Out Positions

SymbolValue% Port
IGA —%
BMEZ —%
AGD —%
ASGI —%
ECAT —%
NAC —%
IDE —%
PPT —%
AMGN —%
ABBV —%
CCIX —%
GDST —%
TBMC —%
DMF —%
EVGR —%
View SEC EDGAR Filings for Karpus Management, Inc. →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms