Fund Holdings

EMG Holdings, L.P.

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
SPDR S&P 500 ETF TR(SPY)(Put)0100,000+100,000066,617,999+66,617,999
ISHARES TR(Put)0170,000+170,000041,133,202+41,133,202
SELECT SECTOR SPDR TR(Put)200,000500,000+300,00010,474,00026,935,000+16,461,000
CHAMPION HOMES INC(SKY)0169,895+169,895012,974,88113.84%+12,974,881
ARMOUR RESIDENTIAL REIT INC0714,416+714,416010,673,37511.38%+10,673,375
DYNEX CAP INC(DX)0695,711+695,71108,550,2889.12%+8,550,288
CHAMPION HOMES INC(SKY)(Call)0100,000+100,00007,637,000+7,637,000
ARMOUR RESIDENTIAL REIT INC(Call)0500,000+500,00007,470,000+7,470,000
PENNYMAC FINL SVCS INC NEW(PFSI)052,132+52,13206,458,1126.89%+6,458,112
SOMNIGROUP INTERNATIONAL INC(SGI)035,000+35,00002,951,5503.15%+2,951,550
LOWES COS INC(LOW)010,000+10,00002,513,1002.68%+2,513,100
MASTERBRAND INC(MBC)0165,100+165,10002,174,3672.32%+2,174,367
INVITATION HOMES INC(INVH)(Call)044,800+44,80001,313,984+1,313,984
MFA FINL INC(MFA)979,9691,062,035+82,0669,270,5079,760,10210.41%+489,595
BEELINE HOLDINGS INC195,780195,7800289,754775,2890.83%+485,535
CARNIVAL CORP(Put)580,000580,000016,309,60016,767,800+458,200
ELLINGTON FINANCIAL INC(EFC)961,018961,018012,416,35312,474,01413.30%+57,661
ISHARES TR83,56683,56606,739,5986,784,7247.24%+45,126
AMERICAN AIRLS GROUP INC(AAL)(Put)400,000400,00004,488,0004,496,000+8,000
PENNYMAC CORP(PMT)000992,604998,4051.06%+5,801
ELLINGTON CREDIT COMPANY149,086149,0860857,245812,5190.87%-44,726
OPORTUN FINL CORP139,172139,1720996,472858,6910.92%-137,781
TAYLOR MORRISON HOME CORP(TMHC)95,00080,000-15,0005,834,9005,280,8005.63%-554,100
ANNALY CAPITAL MANAGEMENT IN37,4520-37,452704,8470-704,847
COMPASS INC(COMP)761,393460,802-300,5914,781,5483,700,2403.95%-1,081,308
CENTURY CMNTYS INC(CCS)35,0000-35,0001,971,2000-1,971,200
MOHAWK INDS INC(MHK)25,0000-25,0002,621,0000-2,621,000
UWM HOLDINGS CORPORATION(UWMC)1,777,370565,589-1,211,7817,358,3123,444,4373.67%-3,913,875
HOME DEPOT INC(HD)12,0000-12,0004,399,6800-4,399,680
M/I HOMES INC(MHO)68,30117,810-50,4917,657,9082,572,4762.74%-5,085,432
MERITAGE HOMES CORP(MTH)78,6000-78,6005,263,8420-5,263,842
MR COOPER GROUP INC39,8960-39,8965,952,8830-5,952,883
UWM HOLDINGS CORPORATION(UWMC)(Call)2,000,0000-2,000,0008,280,0000-8,280,000
ANNALY CAPITAL MANAGEMENT IN(Call)1,000,0000-1,000,00018,820,0000-18,820,000
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