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AEGON USA Investment Management, LLC

Concentrated strategyMomentum followerLong-term holder

Total reported value

$127.8M

Reporting period: 2026-03-31 · Number of holdings: 41

AEGON USA Investment Management, LLC disclosed 41 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $127.8M and a quarterly turnover rate of 12.8%.

Personality snowflake

Concentration
100
Portfolio Stability
12.82
Momentum/Contrarian
100
Sector conviction
0
Diversification
82
Sizing Uniformity
55.4

Recent moves

  • Add VTI

    -1.5%　-$5.5M

  • Trim WW

    +11.7%　-$2.5M

  • Trim BKLN

    -50.0%　-$680.1K

  • Trim SRLN

    -37.8%　-$690.0K

  • Trim KKR 6.25 03-01-28 D

    0.0%　-$435.7K

  • Add DUK 4.125 04-15-26

    0.0%　$103.2K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1VTIVanguard Total Stock Mkt ETFETF-Other70.29%+2.91%-1.53%
2WFC 7.5 PERP LWells Fargo & CompanyStock-Financials2.59%+0.13%—
3BNDVanguard Total Bond MarketETF-Other2.32%+0.17%-1.79%
4WWWw International Inc-newStock-Other2.19%-1.57%+11.72%
5BAC 7.25 PERP LBank Of America CORPStock-Financials2.10%+0.11%—
6UBER 0.875 12-01-28 2028Uber Technologies INCStock-Industrials1.32%+0.03%—
7GPN 1.5 03-01-31Global Payments INCStock-Industrials1.24%+0.10%—
8DUK 4.125 04-15-26Duke Energy CORPStock-Utilities1.24%+0.20%—
9KKR 6.25 03-01-28 DKkr & Co INCStock-Financials1.17%-0.20%—
10CNP 4.25 08-15-26Centerpoint Energy INCStock-Utilities1.05%+0.18%—
11APO 6.75 07-31-26Apollo Global ManagementStock-Financials1.04%-0.17%—
12PPL 2.875 03-15-28Ppl Capital Funding INCStock-Utilities1.03%+0.16%—
13EVRG 4.5 12-15-27Evergy INCStock-Utilities0.98%+0.18%—
14VTR 3.75 06-01-26Ventas Realty LPStock-Real Estate0.89%+0.13%—
15SRLNSs Blackstone Sr Loan ETFETF-Other0.83%-0.40%-37.83%
16CMS 3.375 05-01-28Cms Energy CORPStock-Utilities0.80%+0.12%—
17NEE 3 03-01-27Nextera Energy CapitalStock-Utilities0.67%+0.13%—
18SO 4.5 06-15-27Southern CoStock-Utilities0.65%+0.08%—
19ARES 6.75 10-01-27 BAres Management CORPStock-Financials0.64%-0.17%—
20VGSHVanguard Short-term TreasuryETF-Gov Bonds0.62%+0.06%—
21SO 7.125 12-15-28 ASouthern CoStock-Utilities0.59%+0.59%NEW
22BKLNInvesco Senior Loan ETFETF-Other0.50%-0.44%-50.00%
23WEC 4.375 06-01-29Wec Energy Group INCStock-Utilities0.48%+0.07%—
24WEC 4.375 06-01-27Wec Energy Group INCStock-Utilities0.47%+0.07%—
25AWK 3.625 06-15-26American Water Capital CStock-Utilities0.39%+0.04%—
26MTH 1.75 05-15-28Meritage Homes CORPStock-Consumer Disc0.36%+0.03%—
27HFROHighland Opport & IncomeStock-Other0.35%-0.02%-9.91%
28NEE 7.299 06-01-27Nextera Energy INCStock-Utilities0.35%+0.06%—
29HYGIshr Ibx Usd Hiyld Cb Etf-uiETF-High Yield0.35%+0.03%—
30VUGVanguard Growth ETFETF-Other0.33%——
31PNW 4.75 06-15-27Pinnacle West CapitalStock-Utilities0.31%+0.05%—
32NVST 1.75 08-15-28Envista Holdings CORPStock-Healthcare0.30%+0.04%—
33SPHQInvesco S&p 500 Quality ETFETF-Large Cap & Growth0.29%+0.03%—
34HYTBlackrock CORP Hi YldStock-Other0.23%+0.10%+75.00%
35XEFRXEaton Vance Sr Fltg Rate TrStock-Other0.20%+0.01%—
36HIXWestern Asset High INC IiStock-Other0.19%+0.01%—
37CCOClear Channel Outdoor HoldinStock-Other0.16%+0.02%—
38EFTEaton Vance Fltng Rt INC TrStock-Other0.15%+0.01%—
39CSWC 5.125 11-15-29Capital Southwest CORPStock-Other0.15%+0.02%—
40IHRTIheartmedia INC - Class AStock-Other0.11%-0.03%—
41EAFGraftech International LTDStock-Other0.08%+0.08%NEW

Holding changes this quarter

AEGON USA Investment Management, LLC's most significant position changes for 2026-03-31: Sold out: Ford Motor Company (F 0 03-15-26); Sold out: Expedia Group INC (EXPE 0 02-15-26); Sold out: Alliant Energy CORP (LNT 3.875 03-15-26); New buy: Southern Co (SO 7.125 12-15-28 A); Sold out: First Trust Snr Fl Rt INC Ii (FCT).

Position changes disclosed by AEGON USA Investment Management, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1VTIVanguard Total Stock Mkt ETF+2.9%-1.53%Trim
2DUK 4.125 04-15-26Duke Energy CORP+0.2%—Unchanged
3EVRG 4.5 12-15-27Evergy INC+0.2%—Unchanged
4CNP 4.25 08-15-26Centerpoint Energy INC+0.2%—Unchanged
5BNDVanguard Total Bond Market+0.2%-1.79%Trim
6PPL 2.875 03-15-28Ppl Capital Funding INC+0.2%—Unchanged
7WFC 7.5 PERP LWells Fargo & Company+0.1%—Unchanged
8NEE 3 03-01-27Nextera Energy Capital+0.1%—Unchanged
9VTR 3.75 06-01-26Ventas Realty LP+0.1%—Unchanged
10CMS 3.375 05-01-28Cms Energy CORP+0.1%—Unchanged
11BAC 7.25 PERP LBank Of America CORP+0.1%—Unchanged
12HYTBlackrock CORP Hi Yld+0.1%+75.00%Add
13GPN 1.5 03-01-31Global Payments INC+0.1%—Unchanged
14SO 4.5 06-15-27Southern Co+0.1%—Unchanged
15WEC 4.375 06-01-27Wec Energy Group INC+0.1%—Unchanged
16WEC 4.375 06-01-29Wec Energy Group INC+0.1%—Unchanged
17NEE 7.299 06-01-27Nextera Energy INC+0.1%—Unchanged
18VGSHVanguard Short-term Treasury+0.1%—Unchanged
19PNW 4.75 06-15-27Pinnacle West Capital+0.1%—Unchanged
20NVST 1.75 08-15-28Envista Holdings CORP0%—Unchanged
21AWK 3.625 06-15-26American Water Capital C0%—Unchanged
22UBER 0.875 12-01-28 2028Uber Technologies INC0%—Unchanged
23MTH 1.75 05-15-28Meritage Homes CORP0%—Unchanged
24HYGIshr Ibx Usd Hiyld Cb Etf-ui0%—Unchanged
25SPHQInvesco S&p 500 Quality ETF0%—Unchanged
26CCOClear Channel Outdoor Holdin0%—Unchanged
27CSWC 5.125 11-15-29Capital Southwest CORP0%—Unchanged
28XEFRXEaton Vance Sr Fltg Rate Tr0%—Unchanged
29HIXWestern Asset High INC Ii0%—Unchanged
30EFTEaton Vance Fltng Rt INC Tr0%—Unchanged
31VUGVanguard Growth ETF——Unchanged
32HFROHighland Opport & Income0%-9.91%Trim
33IHRTIheartmedia INC - Class A0%—Unchanged
34APO 6.75 07-31-26Apollo Global Management-0.2%—Unchanged
35ARES 6.75 10-01-27 BAres Management CORP-0.2%—Unchanged
36KKR 6.25 03-01-28 DKkr & Co INC-0.2%—Unchanged
37SRLNSs Blackstone Sr Loan ETF-0.4%-37.83%Trim
38BKLNInvesco Senior Loan ETF-0.4%-50.00%Trim
39WWWw International Inc-new-1.6%+11.72%Add
40F 0 03-15-26Ford Motor Company—EXITSold out
41EXPE 0 02-15-26Expedia Group INC—EXITSold out
42LNT 3.875 03-15-26Alliant Energy CORP—EXITSold out
43SO 7.125 12-15-28 ASouthern Co—NEWNew buy
44FCTFirst Trust Snr Fl Rt INC Ii—EXITSold out
45RXTRackspace Technology INC—EXITSold out
46EAFGraftech International LTD—NEWNew buy

FAQ

What is AEGON USA Investment Management, LLC and what type of investor is it?
AEGON USA Investment Management, LLC 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 $127.8M, spread across 41 disclosed positions.
What are AEGON USA Investment Management, LLC's largest equity positions?
Based on the latest 13F filing, AEGON USA Investment Management, LLC's top holdings by market value are: 1. Vanguard Total Stock Mkt ETF (VTI) — $89.8M (70.3%) 2. Wells Fargo & Company (WFC 7.5 PERP L) — $3.3M (2.6%) 3. Vanguard Total Bond Market (BND) — $3.0M (2.3%) 4. Ww International Inc-new (WW) — $2.8M (2.2%) 5. Bank Of America CORP (BAC 7.25 PERP L) — $2.7M (2.1%)
What changes did AEGON USA Investment Management, LLC make in its most recent portfolio filing?
In the latest reported quarter, AEGON USA Investment Management, LLC made 14 notable position adjustments: 2 new positions were initiated, 2 existing holdings were added to, 5 positions were partially reduced, and 5 were completely exited. The largest of these moves: Sold out: Ford Motor Company (F 0 03-15-26); Sold out: Expedia Group INC (EXPE 0 02-15-26); Sold out: Alliant Energy CORP (LNT 3.875 03-15-26); New buy: Southern Co (SO 7.125 12-15-28 A); Sold out: First Trust Snr Fl Rt INC Ii (FCT)
What sectors does AEGON USA Investment Management, LLC focus on?
AEGON USA Investment Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Utilities: 43.6% • Financials: 36.5% • Industrials: 12.4% • Real Estate: 4.3% • Consumer Discretionary: 1.7% • Health Care: 1.5%