EMG Holdings, L.P.
13F Reported Value
ⓘ$125.2M
incl. option notional
Equity Holdings
ⓘ$60.0M
Option Notional
ⓘ$65.2M
$44.5M puts / $20.7M calls
Holdings
21
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
EMG Holdings, L.P. disclosed 21 positions worth $125.2M in its Form 13F-HR for Q2 2026 — $60.0M in common stock plus $65.2M of put/call option positions (reported at underlying notional value, not premium at risk), led by $SPY (SPDR S&P 500 ETF TRUST) puts, followed by $IVZ and $EFC. During the quarter the fund opened 10 new positions and exited 16 — including a new stake in $AMH and a full exit from $SPY. The portfolio is most concentrated in Real Estate (78.9% of disclosed assets). All figures are sourced directly from EMG Holdings, L.P.’s Form 13F-HR filing with the SEC under CIK 1478394.
AI Fund Analysis
ConcentratingSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- —
Quality
$18.7M25,000 sh - —
Quality
$17.2M844,400 sh - 49.5#1,656
Quality
$15.3M1,122,952 sh - 64.1
Quality
$9.1M270,000 sh - 60.3
Quality
$8.8M25,000 sh - 62.8
Quality
$8.7M100,000 sh ISHARES TR - 20 YR TR BD ETF PUT
—Quality
$8.6M100,000 sh- 68.9
Quality
$8.5M280,000 sh - 37.5
Quality
$6.5M572,080 sh - 42.8
Quality
$3.2M44,061 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 SPDR S&P 500 ETF TRUST$SPYPUT | — | $18.7M | 25,000 |
 Invesco Ltd.$IVZPUT | — | $17.2M | 844,400 |
 Ellington Financial Inc.$EFC | 49.5#1,656 | $15.3M | 1,122,952 |
 American Homes 4 Rent$AMH | 64.1 | $9.1M | 270,000 |
 HOME DEPOT, INC.$HDCALL | 60.3 | $8.8M | 25,000 |
 PennyMac Financial Services, Inc.$PFSICALL | 62.8 | $8.7M | 100,000 |
| ISHARES TR - 20 YR TR BD ETF PUT | — | $8.6M | 100,000 |
 Invitation Homes Inc.$INVH | 68.9 | $8.5M | 280,000 |
 PennyMac Mortgage Investment Trust$PMT | 37.5 | $6.5M | 572,080 |
 Century Communities, Inc.$CCS | 42.8 | $3.2M | 44,061 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of EMG Holdings, L.P.'s 21 positions.
Showing top 10 of 21 holdings.
Sector Allocation
Real Estate
$47.3M
Industrials
$5.3M
Financials
$5.0M
Materials
$2.4M
Full Holdings — EMG Holdings, L.P. (Q2 2026)
All 21 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 | $SPYPUT | SPDR S&P 500 ETF TRUST | $18.7M | — | -38% | — |
| 2 | $IVZPUT | Invesco Ltd. | $17.2M | — | +0% | — |
| 3 | $EFC | Ellington Financial Inc. | $15.3M | 25.5% | +17% | 49.5 |
| 4 | $AMH | American Homes 4 Rent | $9.1M | 15.1% | NEW | 64.1 |
| 5 | $HDCALL | HOME DEPOT, INC. | $8.8M | — | NEW | 60.3 |
| 6 | $PFSICALL | PennyMac Financial Services, Inc. | $8.7M | — | NEW | 62.8 |
| 7 | — | ISHARES TR - 20 YR TR BD ETF | $8.6M | — | NEW | — |
| 8 | $INVH | Invitation Homes Inc. | $8.5M | 14.1% | NEW | 68.9 |
| 9 | $PMT | PennyMac Mortgage Investment Trust | $6.5M | 10.8% | NEW | 37.5 |
| 10 | $CCS | Century Communities, Inc. | $3.2M | 5.3% | -22% | 42.8 |
| 11 |  $RKTCALL | Rocket Companies, Inc. | $3.1M | — | NEW | 74.2 |
| 12 |  $MFA | MFA FINANCIAL, INC. | $3.1M | 5.1% | -50% | — |
| 13 |  $OC | Owens Corning | $2.4M | 4.0% | NEW | 49.2 |
| 14 |  $CPT | CAMDEN PROPERTY TRUST | $2.3M | 3.9% | -63% | 61 |
| 15 |  $MHO | M/I HOMES, INC. | $2.1M | 3.6% | -72% | 47.9 |
| 16 |  $FAF | First American Financial Corp | $2.1M | 3.4% | NEW | 72.6 |
| 17 |  $MAA | MID AMERICA APARTMENT COMMUNITIES INC. | $2.1M | 3.4% | -57% | 61.2 |
| 18 |  $RDN | RADIAN GROUP INC | $1.9M | 3.1% | NEW | 65.4 |
| 19 |  $OPRT | Oportun Financial Corp | $794,101 | 1.3% | -0% | 40.3 |
| 20 |  $EARN | Ellington Credit Co | $658,960 | 1.1% | +0% | — |
| 21 |  $BLNE | Beeline Holdings, Inc. | $238,853 | 0.4% | +0% | — |
New Positions (10)
$AMH American Homes 4 Rent$9.1M$HDCALL HOME DEPOT, INC.$8.8M$PFSICALL PennyMac Financial Services, Inc.$8.7M$INVH Invitation Homes Inc.$8.5M$PMT PennyMac Mortgage Investment Trust$6.5M$RKTCALL Rocket Companies, Inc.$3.1M$OC Owens Corning$2.4M$FAF First American Financial Corp$2.1M$RDN RADIAN GROUP INC$1.9MExited Positions (16)
$SPYCALL SPDR S&P 500 ETF TRUST
$RITMCALL Rithm Capital Corp.$PFSI PennyMac Financial Services, Inc.
$DX DYNEX CAPITAL INC
$KBH KB HOME
$FBIN Fortune Brands Innovations, Inc.
$ESNT Essent Group Ltd.$RITM Rithm Capital Corp.
$FND Floor & Decor Holdings, Inc.
$COMP Compass, Inc.
$NVR NVR INC$COMPCALL Compass, Inc.Browse Top Institutional Investors
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AI-Powered Hedge Fund Analysis: EMG Holdings, L.P.
13F Pro is an AI hedge fund tracker and stock research platform. For EMG Holdings, L.P. (SEC CIK: 1478394), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in EMG Holdings, L.P.'s portfolio is scored on a 32-signal AI quality ranking (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.