RAMSEY QUANTITATIVE SYSTEMS

Portfolio Overview

RAMSEY QUANTITATIVE SYSTEMS disclosed 60 positions worth $111.6M in its Form 13F-HR for Q2 2026, led by $SPY (SPDR S&P 500 ETF TRUST) at 85.0% of the equity portfolio, followed by $RC. During the quarter the fund opened 55 new positions and exited 9. The portfolio is most concentrated in Other (93.3% of disclosed assets). All figures are sourced directly from RAMSEY QUANTITATIVE SYSTEMS’s Form 13F-HR filing with the SEC under CIK 1132897.

• 

  SPDR S&P 500 ETF TRUST

  $SPY

  —

  Quality

  $94.9M127,043 sh
• 

  Ready Capital Corp

  $RC

  24.5#2,764

  Quality

  $2.2M1,249,003 sh

• ISHARES NATIONAL MUNI BOND E - COM

  —

  Quality

  $1.6M15,000 sh

• ISHARES IBOXX USD HIGH YELD - COM

  —

  Quality

  $1.2M15,000 sh

• VANECK HIGH YIELD MUNI ETF - COM

  —

  Quality

  $1.1M21,000 sh

• PROSHARES SHORT VIX ST FUTUR - COM

  —

  Quality

  $959.1K16,750 sh
• 

  VS Trust

  $SVIX

  —

  Quality

  $951.2K40,000 sh

• NUVEEN AMT-FR QLTY MUNI INC - COM

  —

  Quality

  $739.6K63,000 sh
• 

  Nuveen Municipal Credit Income Fund

  $NZF

  —

  Quality

  $570.6K45,000 sh
• 

  Nuveen Quality Municipal Income Fund

  $NAD

  —

  Quality

  $436.3K36,000 sh

Company	Quality	Value	Shares
SPDR S&P 500 ETF TRUST$SPY	—	$94.9M	127,043
Ready Capital Corp$RC	24.5#2,764	$2.2M	1,249,003
ISHARES NATIONAL MUNI BOND E - COM	—	$1.6M	15,000
ISHARES IBOXX USD HIGH YELD - COM	—	$1.2M	15,000
VANECK HIGH YIELD MUNI ETF - COM	—	$1.1M	21,000
PROSHARES SHORT VIX ST FUTUR - COM	—	$959.1K	16,750
VS Trust$SVIX	—	$951.2K	40,000
NUVEEN AMT-FR QLTY MUNI INC - COM	—	$739.6K	63,000
Nuveen Municipal Credit Income Fund$NZF	—	$570.6K	45,000
Nuveen Quality Municipal Income Fund$NAD	—	$436.3K	36,000

Showing top 10 of 60 holdings.

Full Holdings — RAMSEY QUANTITATIVE SYSTEMS (Q2 2026)

All 60 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$SPY	SPDR S&P 500 ETF TRUST	$94.9M	85.0%	-7%	—
2	$RC	Ready Capital Corp	$2.2M	2.0%	+0%	24.5
3	—	ISHARES NATIONAL MUNI BOND E - COM	$1.6M	1.4%	NEW	—
4	—	ISHARES IBOXX USD HIGH YELD - COM	$1.2M	1.1%	NEW	—
5	—	VANECK HIGH YIELD MUNI ETF - COM	$1.1M	1.0%	NEW	—
6	—	PROSHARES SHORT VIX ST FUTUR - COM	$959,105	0.9%	-56%	—
7	$SVIX	VS Trust	$951,200	0.8%	-46%	—
8	—	NUVEEN AMT-FR QLTY MUNI INC - COM	$739,620	0.7%	NEW	—
9	$NZF	Nuveen Municipal Credit Income Fund	$570,600	0.5%	NEW	—
10	$NAD	Nuveen Quality Municipal Income Fund	$436,320	0.4%	NEW	—
11	—	PROSHARES ULTRASHORT S&P500 - COM	$432,212	0.4%	NEW	—
12	$NVG	Nuveen AMT-Free Municipal Credit Income Fund	$345,600	0.3%	NEW	—
13	—	2X LONG VIX FUTURES ETF - COM	$333,720	0.3%	NEW	—
14	—	ISHARES BROAD USD HIGH YIELD - COM	$333,180	0.3%	NEW	—
15	—	PROSHARES ULTRA VIX ST FUTUR - COM	$280,759	0.3%	NEW	—
16	—	PROSH ULTRAPRO SHORT S&P 500 - COM	$270,611	0.2%	NEW	—
17	$VIOT	Viomi Technology Co., Ltd	$257,667	0.2%	NEW	—
18	$STHO	Star Holdings	$217,385	0.2%	NEW	34
19	$QFIN	Qfin Holdings, Inc.	$207,111	0.2%	NEW	—
20	$LU	Lufax Holding Ltd	$199,292	0.2%	NEW	—
21	—	MAGAL SECURITY SYS - COM	$192,900	0.2%	NEW	—
22	$LLY	ELI LILLY & Co	$191,909	0.2%	NEW	87.5
23	$FINV	FinVolution Group	$185,852	0.2%	NEW	—
24	$V	VISA INC.	$171,545	0.1%	NEW	82.9
25	$ZH	Zhihu Inc.	$168,538	0.1%	NEW	—
26	$YB	Yuanbao Inc.	$159,852	0.1%	NEW	—
27	$KSPI	Joint Stock Co Kaspi.kz	$159,418	0.1%	NEW	—
28	—	PROSHARES SHORT S&P500 - COM	$158,496	0.1%	NEW	—
29	—	SS SPDR S&P BIOTECH ETF - COM	$158,250	0.1%	NEW	—
30	$BAK	BRASKEM SA	$154,630	0.1%	NEW	—
31	$GPRK	GeoPark Ltd	$142,870	0.1%	NEW	—
32	$OMSE	OMS Energy Technologies Inc.	$142,735	0.1%	NEW	—
33	$C	CITIGROUP INC	$139,960	0.1%	-50%	65
34	$WU	Western Union CO	$138,338	0.1%	NEW	48
35	$XYF	X Financial	$134,736	0.1%	NEW	—
36	$PBR	PETROBRAS - PETROLEO BRASILEIRO SA	$134,688	0.1%	NEW	54.3
37	$JFIN	Jiayin Group Inc.	$118,375	0.1%	NEW	—
38	$VIPS	Vipshop Holdings Ltd	$116,688	0.1%	NEW	—
39	$MSFT	MICROSOFT CORP	$111,906	0.1%	NEW	79.8
40	$YRD	Yiren Digital Ltd.	$110,310	0.1%	NEW	—
41	$PYPL	PayPal Holdings, Inc.	$107,950	0.1%	NEW	64.1
42	$NOAH	NOAH HOLDINGS LTD	$104,895	0.1%	NEW	—
43	—	PROSHARES ULTRAPRO SHORT QQQ - COM	$101,668	0.1%	NEW	—
44	$BMBL	Bumble Inc.	$91,520	0.1%	NEW	33.3
45	$EAF	GRAFTECH INTERNATIONAL LTD	$68,550	0.1%	NEW	—
46	$SSL	SASOL LTD	$67,758	0.1%	NEW	—
47	$JOYY	JOYY Inc.	$63,350	0.1%	NEW	—
48	$EC	ECOPETROL S.A.	$58,384	0.1%	NEW	—
49	$VALE	Vale S.A.	$55,648	0.1%	NEW	—
50	$PDD	PDD Holdings Inc.	$53,396	0.1%	NEW	—
51	$INTC	INTEL CORP	$50,267	0.1%	NEW	45.6
52	$SNDK	Sandisk Corp	$50,022	0.0%	NEW	87.7
53	$CAT	CATERPILLAR INC	$47,921	0.0%	NEW	66.5
54	$MU	MICRON TECHNOLOGY INC	$46,172	0.0%	NEW	86.2
55	—	DRXN DLY S&P BT BL 3X ETF-UI - COM	$40,894	0.0%	NEW	—
56	$MOMO	Hello Group Inc.	$26,100	0.0%	NEW	—
57	$XNET	Xunlei Ltd	$24,059	0.0%	NEW	—
58	$FCEL	FUELCELL ENERGY INC	$21,606	0.0%	NEW	34.9
59	$ACMR	ACM Research, Inc.	$21,571	0.0%	NEW	54
60	$COHR	COHERENT CORP.	$11,834	0.0%	NEW	58.5