SA
Spectrum Asset Management, Inc.
Concentrated strategySector-focusedQuality / disciplined sizing
Total reported value
$50.0M
Reporting period: 2026-03-31 · Number of holdings: 4
Spectrum Asset Management, Inc. disclosed 4 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $50.0M and a quarterly turnover rate of 45.4%.
Personality snowflake
- Concentration
- 100
- Portfolio Stability
- 45.43
- Momentum/Contrarian
- 50
- Sector conviction
- 100
- Diversification
- 8
- Sizing Uniformity
- 84.01
Recent moves
Trim VRP
-81.2% -$11.2M
Add PGX
-27.4% -$17.9M
Add WFC 7.5 PERP L
-1.4% -$256.5K
Add BAC 7.25 PERP L
0.0% -$54.2K
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | PGX | Invesco Preferred ETF | ETF-Other | 84.85% | +8.86% | -27.36% | |
| 2 | WFC 7.5 PERP L | Wells Fargo & Company | Stock-Financials | 7.93% | +2.61% | -1.43% | |
| 3 | VRP | Invesco Variable Rate Prefer | ETF-Other | 5.09% | -12.19% | -81.19% | |
| 4 | BAC 7.25 PERP L | Bank Of America CORP | Stock-Financials | 2.14% | +0.73% | — |
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 4 | $50.0M | 45 | |
| 2025-12-31 | 4 | $79.5M | 47 | |
| 2025-09-30 | 4 | $49.1M | 15 | |
| 2025-06-30 | 4 | $65.5M | 0 | |
| 2025-03-31 | 5 | $54.9M | 100 | |
| 2024-12-31 | 5 | $101.6M | 0 | |
| 2024-09-30 | 5 | $61.1M | 0 | |
| 2024-06-30 | 5 | $28.2M | 0 | |
| 2024-03-31 | 5 | $57.3M | 0 | |
| 2023-12-31 | 5 | $67.6M | 0 | |
| 2023-09-30 | 8 | $117.1M | 0 | |
| 2023-06-30 | 7 | $121.1M | 0 | |
| 2023-03-31 | 8 | $129.2M | 0 | |
| 2022-12-31 | 7 | $139.1M | 0 | |
| 2022-09-30 | 8 | $124.7M | 0 | |
| 2022-06-30 | 8 | $133.3M | 0 | |
| 2022-03-31 | 9 | $162.6M | 0 | |
| 2021-09-30 | 5 | $55.2M | 0 | |
| 2021-06-30 | 6 | $61.6M | 100 | |
| 2021-03-31 | 5 | $64.4M | 17 | |
| 2020-12-31 | 6 | $75.4M | 100 | |
| 2020-09-30 | 8 | $263.2M | 51 | |
| 2020-06-30 | 8 | $157.1M | 53 | |
| 2020-03-31 | 9 | $97.0M | 100 | |
| 2019-12-31 | 5 | $97.1K | 100 | |
| 2019-09-30 | 5 | $96.7M | 6 | |
| 2019-06-30 | 5 | $91.6M | 2 | |
| 2019-03-31 | 7 | $89.9M | 69 | |
| 2018-12-31 | 7 | $175.0M | 73 | |
| 2018-09-30 | 6 | $148.7M | 4 | |
| 2018-06-30 | 6 | $147.3M | 5 | |
| 2018-03-31 | 6 | $152.7M | 8 | |
| 2017-12-31 | 7 | $151.7M | 6 | |
| 2017-09-30 | 9 | $155.7M | 100 | |
| 2017-06-30 | 28 | $1.2B | 15 | |
| 2017-03-31 | 26 | $1.1B | 13 | |
| 2016-12-31 | 38 | $1.1B | 8 | |
| 2016-09-30 | 36 | $1.1B | 22 | |
| 2016-06-30 | 31 | $919.9M | 100 | |
| 2016-03-31 | 24 | $291.7M | 7 | |
| 2015-12-31 | 23 | $299.8M | 10 | |
| 2015-09-30 | 24 | $315.5M | 20 | |
| 2015-06-30 | 25 | $314.4M | 19 | |
| 2015-03-31 | 26 | $276.6M | 22 | |
| 2014-12-31 | 25 | $320.0M | 19 | |
| 2014-09-30 | 17 | $267.0M | 5 | |
| 2014-06-30 | 16 | $259.2M | 11 | |
| 2014-03-31 | 17 | $239.6M | 7 | |
| 2013-12-31 | 16 | $227.9M | 11 | |
| 2013-09-30 | 18 | $246.4M | 17 | |
| 2013-06-30 | 19 | $256.9M | — |
Holding changes this quarter
Spectrum Asset Management, Inc.'s most significant position changes for 2026-03-31: Trim: Invesco Variable Rate Prefer (VRP) — shares -81.19%; Trim: Invesco Preferred ETF (PGX) — shares -27.36%; Trim: Wells Fargo & Company (WFC 7.5 PERP L) — shares -1.43%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | PGX | Invesco Preferred ETF | +8.9% | -27.36% | Trim |
| 2 | WFC 7.5 PERP L | Wells Fargo & Company | +2.6% | -1.43% | Trim |
| 3 | BAC 7.25 PERP L | Bank Of America CORP | +0.7% | — | Unchanged |
| 4 | VRP | Invesco Variable Rate Prefer | -12.2% | -81.19% | Trim |
FAQ
What is Spectrum Asset Management, Inc. and what type of investor is it?
Spectrum Asset Management, Inc. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $50.0M, spread across 4 disclosed positions.
What are Spectrum Asset Management, Inc.'s largest equity positions?
Based on the latest 13F filing, Spectrum Asset Management, Inc.'s top holdings by market value are:
1. Invesco Preferred ETF (PGX) — $42.5M (84.8%)
2. Wells Fargo & Company (WFC 7.5 PERP L) — $4.0M (7.9%)
3. Invesco Variable Rate Prefer (VRP) — $2.5M (5.1%)
4. Bank Of America CORP (BAC 7.25 PERP L) — $1.1M (2.1%)
What changes did Spectrum Asset Management, Inc. make in its most recent portfolio filing?
In the latest quarter, Spectrum Asset Management, Inc. took a more defensive posture — trimming 3 positions and completely exiting 0 holdings. The largest of these moves: Trim: Invesco Variable Rate Prefer (VRP) — shares -81.19%; Trim: Invesco Preferred ETF (PGX) — shares -27.36%; Trim: Wells Fargo & Company (WFC 7.5 PERP L) — shares -1.43%
What sectors does Spectrum Asset Management, Inc. focus on?
Spectrum Asset Management, Inc. is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 100.0%