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

Ocean Park Asset Management, LLC

3420 OCEAN PARK BLVD SUITE 3060, SANTA MONICA, CA 90405 • 1-310-452-1887

Q4 2025 · Filed 2026-01-15
Market Value
$2.1B
-12.2%
Holdings
106
-14
New Purchases
12
Added To
17
Closed
21
Reduced
31
Top 10 Concentration
64.5%
Turnover
31.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
EMB 2.81% 0.97% +1.84% $60M
USHY 13.46% 12.02% +1.45% $287M
HYG 12.62% 11.32% +1.30% $269M
SPLG 7.80% 6.65% +1.15% $166M
SRLN 1.33% 0.18% +1.15% $28M
EMLC 3.37% 2.36% +1.00% $72M
JAAA 0.84% 0.00% +0.84% $18M
AVDV 1.78% 1.02% +0.76% $38M
VUG 2.17% 1.46% +0.71% $46M
SPHY 4.35% 3.70% +0.65% $93M
TLT 0.54% 0.06% +0.48% $11M
DXJ 0.43% 0.00% +0.43% $9M
IBB 0.35% 0.00% +0.35% $7M
PYLD 2.44% 2.14% +0.30% $52M
JMTG 2.16% 1.89% +0.27% $46M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CWB 0.10% 2.14% -2.04% $2M
BKLN 3.74% 5.25% -1.51% $80M
FALN 0.00% 1.30% -1.30% $0
VCLT 0.00% 1.10% -1.10% $0
FLRN 0.00% 1.06% -1.06% $0
ICVT 0.00% 0.91% -0.91% $0
HYDB 0.00% 0.84% -0.84% $0
VOT 0.49% 1.18% -0.69% $11M
ITA 0.18% 0.78% -0.60% $4M
CLOI 0.00% 0.58% -0.58% $0
BND 5.24% 5.79% -0.55% $112M
AVUV 0.12% 0.64% -0.53% $2M
FLOT 0.33% 0.79% -0.46% $7M
PFFD 0.00% 0.45% -0.45% $0
HYGV 0.00% 0.42% -0.42% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 99.2%
Real Estate 0.2%
Technology 0.2%
Healthcare 0.1%
Industrials 0.1%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 4 $158M 7.4%
Large Cap 36 $1.1B 54.0%
Mid Cap 37 $737M 34.6%
Small Cap 26 $85M 4.0%
Micro Cap 3 $218K 0.0%

Portfolio Analytics

Avg Market Cap
$39.1B
Median Market Cap
$6.3B
Avg P/E
Median P/E
Avg Dividend Yield
—%
Avg Beta
0.79
# Stocks
0
# ETFs / Funds
106

Top Holdings (106 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 USHY 13.46% 7,668,224 $287M $37.39 -$5M -47,119 -0.6%
2 HYG 12.62% 3,333,791 $269M $80.63 -$6M -47,700 -1.4%
3 JNK 8.70% 1,906,424 $185M $97.21 -$20M -184,100 -8.8%
4 SPLG 7.80% 2,071,057 $166M $80.22 $5M +12,401 +0.6%
5 BND 5.24% 1,506,900 $112M $74.07 -$29M -381,700 -20.2%
6 SPHY 4.35% 3,912,226 $93M $23.67 $3M +164,126 +4.4%
7 BKLN 3.74% 3,794,877 $80M $21.00 -$48M -2,293,009 -37.7%
8 EMLC 3.37% 2,776,482 $72M $25.82 $14M +529,935 +23.6%
9 EMB 2.81% 621,800 $60M $96.28 $36M +373,500 +150.4%
10 PYLD 2.44% 1,948,900 $52M $26.68 -$41K +10,100 +0.5%
11 SJNK 2.27% 1,913,900 $48M $25.32 -$536K
12 VUG 2.17% 94,697 $46M $487.86 $11M +20,749 +28.1%
13 JMTG 2.16% 900,978 $46M $51.06 $54K
14 SHYG 2.03% 1,008,700 $43M $42.87 -$10M -229,600 -18.5%
15 HYLB 2.00% 1,155,500 $43M $36.83 -$324K
16 MBB 1.90% 424,335 $40M $95.22 $779K +7,872 +1.9%
17 AVDV 1.78% 402,737 $38M $93.97 $13M +125,729 +45.4%
18 SRLN 1.33% 685,882 $28M $41.27 $24M +580,165 +548.8%
19 PFF 1.26% 868,252 $27M $30.96 $2M +76,659 +9.7%
20 ANGL 1.12% 812,100 $24M $29.37 -$7M -237,100 -22.6%
21 DFIV 1.09% 463,800 $23M $49.90 $273K -32,100 -6.5%
22 JBND 0.89% 351,700 $19M $54.07 -$32K
23 BOND 0.89% 204,100 $19M $93.08 -$55K
24 JAAA 0.84% 353,600 $18M $50.58 +353,600 NEW
25 IMTM 0.81% 358,247 $17M $47.97 -$11M -226,800 -38.8%
26 VBK 0.75% 53,228 $16M $302.11 $201K -127 -0.2%
27 EWC 0.62% 246,674 $13M $53.93 $834K
28 DISV 0.59% 330,674 $13M $38.00 -$157K -25,800 -7.2%
29 BBHY 0.58% 265,700 $12M $46.50 -$133K
30 TLT 0.54% 131,400 $11M $87.16 $10M +115,330 +717.7%
31 PFFA 0.50% 495,100 $11M $21.55 $4M +169,200 +51.9%
32 FTSL 0.50% 231,800 $11M $45.88 $9K
33 VOT 0.49% 37,660 $11M $279.14 -$18M -60,007 -61.4%
34 LONZ 0.49% 208,900 $11M $50.28 -$165K
35 FLTR 0.49% 412,000 $10M $25.48 -$37K
36 CLOZ 0.45% 364,527 $10M $26.48 -$1M -38,800 -9.6%
37 DXJ 0.43% 63,736 $9M $144.16 +63,736 NEW
38 EBND 0.36% 358,900 $8M $21.37 $4K
39 FPE 0.35% 412,900 $8M $18.22 -$8K
40 IBB 0.35% 43,823 $7M $168.77 +43,823 NEW
41 VWO 0.33% 131,198 $7M $53.76 -$10M -189,280 -59.1%
42 FLOT 0.33% 137,400 $7M $50.86 -$12M -236,600 -63.3%
43 FPEI 0.32% 355,500 $7M $19.39 $18K
44 BKHY 0.30% 131,600 $6M $48.07 -$83K
45 VCIT 0.29% 72,800 $6M $83.75 -$26K
46 FMHI 0.26% 116,300 $6M $47.93 $49K
47 LEMB 0.23% 119,900 $5M $41.57 $43K
48 PHYL 0.21% 128,300 $5M $35.48 -$35K
49 EMHY 0.20% 102,900 $4M $40.37 $70K
50 ITA 0.18% 18,130 $4M $214.69 -$15M -72,714 -80.0%
51 PREF 0.17% 192,000 $4M $19.07 -$1M -54,100 -22.0%
52 EZU 0.16% 53,800 $3M $64.10 -$2M -38,400 -41.6%
53 SCHX 0.16% 127,622 $3M $26.91 +127,622 NEW
54 CMBS 0.15% 63,286 $3M $49.08 $633
55 ILF 0.13% 93,278 $3M $30.45 +93,278 NEW
56 SCHG 0.13% 84,396 $3M $32.62 +84,396 NEW
57 OIH 0.12% 9,018 $3M $284.77 +9,018 NEW
58 AVUV 0.12% 24,422 $2M $101.98 -$13M -132,613 -84.5%
59 QTUM 0.12% 22,484 $2M $109.66 +22,484 NEW
60 FLHY 0.11% 96,400 $2M $24.42 -$11K
61 HYBL 0.11% 81,800 $2M $28.44 -$17K
62 HYEM 0.11% 112,800 $2M $19.89 -$2M -122,600 -52.1%
63 LQD 0.10% 19,898 $2M $110.19 $749K +6,944 +53.6%
64 BNDX 0.10% 44,893 $2M $48.32 $678K +14,737 +48.9%
65 CWB 0.10% 24,225 $2M $89.20 -$50M -549,562 -95.8%
66 FLMI 0.10% 86,300 $2M $24.87 $9K
67 HYD 0.10% 40,805 $2M $51.12 $690K +13,379 +48.8%
68 CEMB 0.08% 39,300 $2M $45.87 -$14K
69 VWOB 0.07% 23,591 $2M $67.43 $510K +7,437 +46.0%
70 IJH 0.06% 20,570 $1M $66.00 -$32K -720 -3.4%
71 RSP 0.06% 7,086 $1M $191.56 -$58K -375 -5.0%
72 HYMB 0.05% 46,600 $1M $24.94 -$4M -168,600 -78.3%
73 VEU 0.05% 15,338 $1M $73.56 +15,338 NEW
74 VTEB 0.05% 22,168 $1M $50.29 $404K +7,979 +56.2%
75 COWZ 0.03% 11,681 $703K $60.17 $5K -469 -3.9%
76 VOE 0.03% 3,851 $683K $177.37 -$28K -223 -5.5%
77 IJR 0.03% 5,657 $680K $120.18 -$55K -529 -8.6%
78 DVY 0.03% 4,740 $669K $141.14 -$51K -329 -6.5%
79 MTUM 0.03% 2,621 $656K $250.31 +2,621 NEW
80 BBCA 0.02% 4,898 $456K $93.00 +4,898 NEW
81 PFXF 0.02% 24,100 $426K $17.66 -$2M -115,200 -82.7%
82 VBR 0.02% 1,611 $341K $211.79 -$17K -105 -6.1%
83 IDV 0.01% 7,180 $283K $39.45 $21K
84 DUKZ 0.01% 8,624 $218K $25.28 +8,624 NEW
85 SHYD 0.01% 9,200 $211K $22.91 -$1M -56,800 -86.1%
86 PFRL —% -$1M -23,300 -100.0% SOLD
87 FALN —% -$31M -1,133,100 -100.0% SOLD
88 QQQM —% -$3M -12,664 -100.0% SOLD
89 CQQQ —% -$414K -7,012 -100.0% SOLD
90 IVV —% -$4M -5,651 -100.0% SOLD
91 HYGV —% -$10M -248,800 -100.0% SOLD
92 VXUS —% -$1M -15,156 -100.0% SOLD
93 HYLS —% -$10M -241,600 -100.0% SOLD
94 EWI —% -$7M -135,257 -100.0% SOLD
95 FLRN —% -$26M -835,100 -100.0% SOLD
96 CLOI —% -$14M -265,100 -100.0% SOLD
97 SMMU —% -$2M -41,300 -100.0% SOLD
98 VCLT —% -$27M -342,600 -100.0% SOLD
99 HYDB —% -$20M -427,800 -100.0% SOLD
100 PFFD —% -$11M -560,100 -100.0% SOLD

New Positions

SymbolValue% Port
JAAA $18M 0.84%
DXJ $9M 0.43%
IBB $7M 0.35%
SCHX $3M 0.16%
ILF $3M 0.13%
SCHG $3M 0.13%
OIH $3M 0.12%
QTUM $2M 0.12%
VEU $1M 0.05%
MTUM $656K 0.03%
BBCA $456K 0.02%
DUKZ $218K 0.01%

Sold Out Positions

SymbolValue% Port
SPMO —%
SPEM —%
ICVT —%
IVV —%
PFFD —%
PFRL —%
QQQM —%
FLRN —%
HYDB —%
CQQQ —%
CLOI —%
HYGV —%
EWI —%
FALN —%
FLBL —%
View SEC EDGAR Filings for Ocean Park Asset Management, LLC →

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