Karpus Management, Inc.
Sector Allocation
- Other81.3%$2.8B
- Financials18.0%$627.0M
- Technology0.3%$11.0M
- Industrials0.3%$10.7M
- Healthcare0.0%$1.3M
- Consumer Discretionary0.0%$493,752
- Communication Services0.0%$213,194
AUM History
13fpro.ai/research/fund/karpus-management-inc-1048703
Conviction and streaks
Stable · top 10 = 35.0%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
- VANGUARD$251.7M
MHD
$235.8M- VANGUARD$147.0M
BTT
$105.6M- VANGUARD$96.9M
MYN
$80.6M- VANGUARD$77.3M
- VANGUARD$76.4M
- ISHARES$76.3M
- WESTERN$70.3M
MYI
$60.5M- ISHARES$60.4M
FINS
$59.6MMUC
$50.6M- NEUBERGER$49.3M
- VANGUARD$46.9M
GDV
$42.5MCSQ
$42.2MQQQX
$42.0M- VANGUARD$41.5M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/karpus-management-inc-1048703
Karpus Management, Inc. 13F holdings — Q2 2026
$3.5B portfolio (+8.4% QoQ) · 233 holdings · Q2 2026 13F · top 10 are 35% of the stock portfolio
- 1
VANGUARD INDEX FDS S&P 500 ETF SH - S&P 500 ETF SHS
$251.7M
7.2% of stocks
-7%This quarter—Since filed—HeldAIQuality—Est. buy— $235.8M
6.8% of stocks
-1%This quarter-8.1%Since filed2+ qtrsHeld- 3
VANGUARD BD INDEX FD INC LONG TERM BOND - LONG TERM BOND
$147.0M
4.2% of stocks
+8%This quarter—Since filed—HeldAIQuality—Est. buy— $105.6M
3.0% of stocks
-1%This quarter-2.3%Since filed2+ qtrsHeld- 5
VANGUARD INDEX FDS SMALL CP ETF - SMALL CP ETF
$96.9M
2.8% of stocks
-0.7%This quarter—Since filed—HeldAIQuality—Est. buy— $80.6M
2.3% of stocks
-3%This quarter-8.5%Since filed2+ qtrsHeld- 7
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF - FTSE EMR MKT ETF
$77.3M
2.2% of stocks
-2%This quarter—Since filed—HeldAIQuality—Est. buy— - 8
VANGUARD INTL EQUITY INDEX FD ALLWRLD EX US - ALLWRLD EX US
$76.4M
2.2% of stocks
-7%This quarter—Since filed—HeldAIQuality—Est. buy— - 9
ISHARES LEHMAN 20plus YR TREAS - 20 YR TR BD ETF
$76.3M
2.2% of stocks
+223%This quarter—Since filed—HeldAIQuality—Est. buy— - 10
WESTERN ASSET CLYM INFL SEC IN COM SH BEN INT - COM SH BEN INT
$70.3M
2.0% of stocks
+4%This quarter—Since filed—HeldAIQuality—Est. buy—
| # | Company | Value | Weight | This quarter | Since filed | Held | AI quality | Est. buy | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS S&P 500 ETF SH - S&P 500 ETF SHS | $251.7M | 7.2% | -7% | — | — | — | — | |
| 2 | $235.8M | 6.8% | -1% | -8.1% | 2+ qtrs | — | Estimated buy price is Pro: unlock with a free trial | ||
| 3 | VANGUARD BD INDEX FD INC LONG TERM BOND - LONG TERM BOND | $147.0M | 4.2% | +8% | — | — | — | — | |
| 4 | $105.6M | 3.0% | -1% | -2.3% | 2+ qtrs | — | Estimated buy price is Pro: unlock with a free trial | ||
| 5 | VANGUARD INDEX FDS SMALL CP ETF - SMALL CP ETF | $96.9M | 2.8% | -0.7% | — | — | — | — | |
| 6 | $80.6M | 2.3% | -3% | -8.5% | 2+ qtrs | — | Estimated buy price is Pro: unlock with a free trial | ||
| 7 | VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF - FTSE EMR MKT ETF | $77.3M | 2.2% | -2% | — | — | — | — | |
| 8 | VANGUARD INTL EQUITY INDEX FD ALLWRLD EX US - ALLWRLD EX US | $76.4M | 2.2% | -7% | — | — | — | — | |
| 9 | ISHARES LEHMAN 20plus YR TREAS - 20 YR TR BD ETF | $76.3M | 2.2% | +223% | — | — | — | — | |
| 10 | WESTERN ASSET CLYM INFL SEC IN COM SH BEN INT - COM SH BEN INT | $70.3M | 2.0% | +4% | — | — | — | — |
All holdings — Karpus Management, Inc. (Q2 2026)
233 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | BLACKROCK MUNIYIELD QUALITY FUND III, INC. | Other | $60.5M | 1.7% | 5.44M | -4% | 2+ qtrs | — | 13F | |
| 12 | — | ISHARES CORE S&P500 ETF - CORE S&P500 ETFetf/fund | — | $60.4M | 1.7% | 81K | -11% | — | — | 13F |
| 13 | Angel Oak Financial Strategies Income Term Trust | — | $59.6M | 1.7% | 4.65M | -0.9% | 2+ qtrs | — | 13F | |
| 14 | BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC. | Other | $50.6M | 1.5% | 4.60M | -14% | 2+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | — | NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND - COMMON STOCK | — | $49.3M | 1.4% | 2.98M | -3% | — | — | 13F |
| 16 | — | VANGUARD CORE TAX EXEMPT BOND ETF - CORE TAX EXEMPTnote | — | $46.9M | 1.4% | 614K | +4% | — | — | 13F |
| 17 | GABELLI DIVIDEND & INCOME TRUST | — | $42.5M | 1.2% | 1.44M | -4% | 2+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | CALAMOS STRATEGIC TOTAL RETURN FUND | Other | $42.2M | 1.2% | 2.05M | +6% | 2+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | Nuveen NASDAQ 100 Dynamic Overwrite Fund | Other | $42.0M | 1.2% | 1.39M | -15% | 2+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | — | VANGUARD BD INDEX FD INC TOTAL BND MRKT - TOTAL BND MRKTetf/fund | — | $41.5M | 1.2% | 565K | +62% | — | — | 13F |
| 21 | ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND | Other | $41.1M | 1.2% | 3.60M | +41% | 2+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | — | VANGUARD FTSE PACIFIC ETF - FTSE PACIFIC ETFetf/fund | — | $39.0M | 1.1% | 337K | -8% | — | — | 13F |
| 23 | — | ISHARES TR CORE MSCI EURO - CORE MSCI EUROetf/fund | — | $36.2M | 1.0% | 481K | -2% | — | — | 13F |
| 24 | BlackRock Science & Technology Trust | — | $32.4M | 0.9% | 639K | +14% | 2+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | — | ISHARES LEHMAN 7-10YR TREAS - 7-10 YR TRSY BDetf/fund | — | $31.4M | 0.9% | 332K | +1119% | — | — | 13F |
| 26 | — | ISHARES RUSSELL 1000 ETF - RUS 1000 ETF | — | $30.5M | 0.9% | 74K | -12% | |||
| 27 | — | SC ACQ CRP II; TNT ACQ DT: 5/25/2027; CASH: $10.00 - ORD SHS CLASS A | — | $29.5M | 0.8% | 2.94M | -3% | |||
| 28 | $DMII | Drugs Made In America Acquisition II Corp. | Financials | $28.0M | 0.8% | 2.79M | +7% | |||
| 29 | $MQY | BLACKROCK MUNIYIELD QUALITY FUND, INC. | Other | $28.0M | 0.8% | 2.41M | -8% | |||
| 30 | $DMAA | Drugs Made In America Acquisition Corp. | Financials | $26.7M | 0.8% | 2.51M | -0.9% | |||
| 31 | $AACP | Apogee Acquisition Corp | Financials | $26.3M | 0.8% | 2.65M | New | |||
| 32 | — | VANGUARD INDEX FDS TOTAL STK MKT - TOTAL STK MKT | — | $25.4M | 0.7% | 69K | -15% | |||
| 33 | $KTF | DWS MUNICIPAL INCOME TRUST | Other | $25.4M | 0.7% | 2.76M | -16% | |||
| 34 | — | VANGUARD INTL EQUITY INDEX FD FTSE EUROPE ETF - FTSE EUROPE ETF | — | $25.1M | 0.7% | 283K | -2% | |||
| 35 | $ASG | LIBERTY ALL STAR GROWTH FUND INC. | Other | $24.9M | 0.7% | 4.55M | +8% | |||
| 36 | $CHW | Calamos Global Dynamic Income Fund | Other | $21.9M | 0.6% | 2.46M | +12% | |||
| 37 | — | FINANCIAL SELECT SECTOR SPDR - ST STR FINL ETF | — | $21.8M | 0.6% | 406K | +0.0% | |||
| 38 | $ETO | Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund | Other | $21.6M | 0.6% | 699K | +8% | |||
| 39 | $AIIA | AI Infrastructure Acquisition Corp. | Financials | $20.6M | 0.6% | 2.01M | -3% | |||
| 40 | $TAVI | Tavia Acquisition Corp. | Financials | $20.2M | 0.6% | 1.89M | -13% | |||
| 41 | $BKT | BLACKROCK INCOME TRUST, INC. | Other | $19.6M | 0.6% | 1.83M | -1% | |||
| 42 | — | ISHARES EMU ETF - MSCI EURZONE ETF | — | $19.4M | 0.6% | 279K | -0.6% | |||
| 43 | — | VANGUARD WORLD FDS INF TECH ETF - INF TECH ETF | — | $19.3M | 0.6% | 161K | +673% | |||
| 44 | $USA | LIBERTY ALL STAR EQUITY FUND | Other | $19.0M | 0.6% | 3.27M | +5% | |||
| 45 | $MKLY | McKinley Acquisition Corp | Financials | $18.5M | 0.5% | 1.83M | -4% | |||
| 46 | $ANSC | Agriculture & Natural Solutions Acquisition Corp | Financials | $18.4M | 0.5% | 1.61M | -3% | |||
| 47 | — | ISHARES MSCI CDA ETF - MSCI CDA ETF | — | $18.3M | 0.5% | 317K | +1.0% | |||
| 48 | $PCQ | PIMCO CALIFORNIA MUNICIPAL INCOME FUND | Other | $18.2M | 0.5% | 2.03M | +14% | |||
| 49 | — | PACER GLOBAL CASH COWS DIVIDEND - GLOBL CASH ETF | — | $17.9M | 0.5% | 413K | +5% | |||
| 50 | $RFAI | RF Acquisition Corp II | Financials | $17.9M | 0.5% | 1.62M | -1% | |||
| 51 | — | VANGUARD GROWTH ETF - GROWTH ETF | — | $17.4M | 0.5% | 202K | +497% | |||
| 52 | $BHK | BLACKROCK CORE BOND TRUST | — | $17.0M | 0.5% | 1.86M | -1% | |||
| 53 | $EIM | Eaton Vance Municipal Bond Fund | Other | $16.5M | 0.5% | 1.66M | -28% | |||
| 54 | — | WHITE PEARL ACQ CRP; TNT ACQ DT: 7/30/2027; CASH: $10.00 - ORD SHS CL A | — | $16.4M | 0.5% | 1.64M | +2% | |||
| 55 | $COPL | Copley Acquisition Corp | Financials | $15.8M | 0.5% | 1.51M | -1% | |||
| 56 | $ETW | Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | Other | $15.6M | 0.5% | 1.62M | -0.6% | |||
| 57 | — | JPMORGAN BETABUILDERS JAPAN ETF - BETABULDRS JAPAN | — | $15.4M | 0.4% | 204K | -12% | |||
| 58 | $CHAR | Charlton Aria Acquisition Corp | Financials | $15.2M | 0.4% | 1.41M | -0.5% | |||
| 59 | $GTERA | Globa Terra Acquisition Corp | Financials | $15.1M | 0.4% | 1.46M | -0.7% | |||
| 60 | — | ISHARES CORE DIVIDEND GROWTH ETF - CORE DIV GRWTH | — | $14.9M | 0.4% | 197K | +0.8% | |||
| 61 | — | VERNAL CAPITAL ACQ CRP; TNT ACQ DT: 2/6/2028; CASH: $10.00 - ORD SHS | — | $14.8M | 0.4% | 1.48M | New | |||
| 62 | — | BLACKROCK ENHANCED GLOBAL DIVIDEND TRUST - COM | — | $14.6M | 0.4% | 1.21M | -0.4% | |||
| 63 | $BSTZ | BlackRock Science & Technology Term Trust | — | $14.5M | 0.4% | 483K | +18% | |||
| 64 | $WSTN | Westin Acquisition Corp | Financials | $14.0M | 0.4% | 1.39M | -0.1% | |||
| 65 | — | ACP ACQ CRP; TNT ACQ DT: 10/7/2027; CASH: $10.05 - CL A | — | $13.4M | 0.4% | 1.35M | New | |||
| 66 | — | BLACKROCK ENHANCED INTERNATIONAL DIVIDEND TRUST - COM BENE INTER | — | $13.4M | 0.4% | 2.33M | +19% | |||
| 67 | $ORIQ | Origin Investment Corp I | Financials | $13.3M | 0.4% | 1.29M | +47% | |||
| 68 | $MIN | ABERDEEN INTERMEDIATE INCOME FUND | — | $13.1M | 0.4% | 5.32M | +0.9% | |||
| 69 | $KFII | K&F GROWTH ACQUISITION CORP. II | Financials | $13.1M | 0.4% | 1.25M | -5% | |||
| 70 | $VNME | Vendome Acquisition Corp I | Financials | $12.7M | 0.4% | 1.25M | +15% | |||
| 71 | $LKSP | Lake Superior Acquisition Corp | Financials | $12.7M | 0.4% | 1.25M | -3% | |||
| 72 | $APXT | Apex Treasury Corp | Financials | $12.6M | 0.4% | 1.25M | +8% | |||
| 73 | $BHAV | BHAV Acquisition Corp | Financials | $12.6M | 0.4% | 1.27M | New | |||
| 74 | — | SPACSPHERE ACQ CRP; TNT ACQ DT: 5/5/2027; CASH: $10.00 - CL A SHS | — | $12.5M | 0.4% | 1.25M | +3% | |||
| 75 | $CHEC | Chenghe Acquisition III Co. | Financials | $11.9M | 0.3% | 1.18M | -1% | |||
| 76 | $FIGX | FIGX Capital Acquisition Corp. | Financials | $11.9M | 0.3% | 1.16M | +164% | |||
| 77 | $TRAD | APEX Tech Acquisition Inc. | Financials | $11.7M | 0.3% | 1.17M | New | |||
| 78 | $FMAC | Future Money Acquisition Corp | Financials | $11.6M | 0.3% | 1.16M | New | |||
| 79 | — | EATON VANCE TAX-MAN GLOBAL EQUITY FUND - COM | — | $11.4M | 0.3% | 1.17M | -1% | |||
| 80 | — | EATON VANCE TAX-ADV DVD INC - COM | — | $11.4M | 0.3% | 413K | -0.9% | |||
| 81 | $GAB | GABELLI EQUITY TRUST INC | — | $11.2M | 0.3% | 1.97M | New | |||
| 82 | $IIF | MORGAN STANLEY INDIA INVESTMENT FUND, INC. | Other | $10.9M | 0.3% | 478K | +21% | |||
| 83 | $EOD | ALLSPRING GLOBAL DIVIDEND OPPORTUNITY FUND | Other | $10.6M | 0.3% | 1.62M | -3% | |||
| 84 | $MACI | Melar Acquisition Corp. I/Cayman | Industrials | $10.5M | 0.3% | 961K | -3% | |||
| 85 | $HEQ | John Hancock Diversified Income Fund | Other | $10.4M | 0.3% | 910K | +75% | |||
| 86 | $QSEA | Quartzsea Acquisition Corp | Financials | $10.3M | 0.3% | 975K | -57% | |||
| 87 | $IAF | ABRDN AUSTRALIA EQUITY FUND, INC. | Other | $10.2M | 0.3% | 823K | +16% | |||
| 88 | — | ISHARES MSCI SOUTH KOREA IND - MSCI STH KOR ETF | — | $10.2M | 0.3% | 50K | -33% | |||
| 89 | $CAF | Morgan Stanley China A Share Fund, Inc. | Other | $10.1M | 0.3% | 482K | +2% | |||
| 90 | $IPEX | Inflection Point Acquisition Corp. V | Financials | $10.1M | 0.3% | 963K | -4% | |||
| 91 | $MEGI | NYLIM CBRE Global Infrastructure Megatrends Term Fund | Other | $10.0M | 0.3% | 657K | +29% | |||
| 92 | $EMIS | Emmis Acquisition Corp. | Financials | $9.9M | 0.3% | 981K | — | |||
| 93 | — | ART TECHNOLOGY ACQ CRP; TNT ACQ DT: 4/6/2028; CASH: $10.00 - USD CL A ORD SHS | — | $9.7M | 0.3% | 973K | New | |||
| 94 | $GIW | GigCapital8 Corp. | Financials | $9.5M | 0.3% | 946K | -2% | |||
| 95 | $TDF | TEMPLETON DRAGON FUND INC | Other | $9.5M | 0.3% | 872K | +0.2% | |||
| 96 | — | ISHARES MSCI DENMARK ETF - MSCI DENMARK ETF | — | $9.4M | 0.3% | 85K | +8% | |||
| 97 | $JHS | JOHN HANCOCK INCOME SECURITIES TRUST | Other | $9.3M | 0.3% | 846K | +59% | |||
| 98 | $AIO | Virtus Artificial Intelligence & Technology Opportunities Fund | Other | $9.1M | 0.3% | 324K | +67% | |||
| 99 | $STK | Columbia Seligman Premium Technology Growth Fund, Inc. | Other | $9.1M | 0.3% | 169K | -9% | |||
| 100 | — | ISHARES BRAZIL ETF - MSCI BRAZIL ETF | — | $9.0M | 0.3% | 261K | +3% | |||
| 101 | — | PANTAGES CAPITAL ACQUISITION C - ORD SHS CL A | — | $8.7M | 0.3% | 820K | -1% | |||
| 102 | $NMP | NMP Acquisition Corp. | Financials | $8.7M | 0.3% | 849K | -2% | |||
| 103 | $OBA | Oxley Bridge Acquisition Ltd | Financials | $8.6M | 0.3% | 846K | -2% | |||
| 104 | $IGI | Western Asset Investment Grade Opportunity Trust Inc. | — | $8.5M | 0.3% | 529K | +38% | |||
| 105 | $YHNA | YHN Acquisition I Ltd | Financials | $8.3M | 0.2% | 760K | -0.7% | |||
| 106 | $OYSE | Oyster Enterprises II Acquisition Corp | Financials | $8.3M | 0.2% | 804K | +22% | |||
| 107 | $HAVA | Harvard Ave Acquisition Corp | Financials | $8.2M | 0.2% | 814K | +30% | |||
| 108 | — | GIGCAPITAL9 ACQ CRP; TNT ACQ DT: 1/27/2028; CASH: $10.00 - CL A | — | $8.1M | 0.2% | 812K | -0.4% | |||
| 109 | $CRAC | Crown Reserve Acquisition Corp. I | Financials | $7.9M | 0.2% | 781K | -3% | |||
| 110 | $PNI | PIMCO NEW YORK MUNICIPAL INCOME FUND II | Other | $7.9M | 0.2% | 1.11M | +51% | |||
| 111 | $KCHV | Kochav Defense Acquisition Corp. | Financials | $7.6M | 0.2% | 729K | -5% | |||
| 112 | $PECE | Peace Acquisition Corp. | Financials | $7.3M | 0.2% | 734K | New | |||
| 113 | — | BLUEPOINT AVE ACQ CRP; TNT ACQ DT: 2/12/2027; CASH: $10.00 - USD CL A ORD SHS | — | $7.2M | 0.2% | 715K | -0.3% | |||
| 114 | $DPG | Duff & Phelps Utility & Infrastructure Fund Inc. | Other | $7.1M | 0.2% | 482K | -10% | |||
| 115 | $NOEM | CO2 Energy Transition Corp. | Financials | $7.0M | 0.2% | 672K | -8% | |||
| 116 | — | ISHARES EUROPE ETF - EUROPE ETF | — | $6.8M | 0.2% | 93K | -17% | |||
| 117 | $INAC | Indigo Acquisition Corp. | Financials | $6.7M | 0.2% | 656K | -0.1% | |||
| 118 | $OHAC | Oceanhawk Acquisition Corp. | Financials | $6.7M | 0.2% | 672K | New | |||
| 119 | $BME | BlackRock Health Sciences Trust | — | $6.0M | 0.2% | 140K | -0.8% | |||
| 120 | $SOUL | Soulpower Acquisition Corp. | Financials | $5.8M | 0.2% | 560K | -4% | |||
| 121 | $DSM | BNY MELLON STRATEGIC MUNICIPAL BOND FUND, INC. | Other | $5.8M | 0.2% | 937K | -0.4% | |||
| 122 | $PACH | Pioneer Acquisition I Corp | Financials | $5.6M | 0.2% | 552K | +10% | |||
| 123 | $TVAI | Thayer Ventures Acquisition Corp II | Financials | $5.6M | 0.2% | 542K | -0.3% | |||
| 124 | $QRED | QuasarEdge Acquisition Corp | Financials | $5.5M | 0.2% | 553K | New | |||
| 125 | $WENN | WEN Acquisition Corp | Financials | $5.3M | 0.1% | 519K | -0.1% | |||
| 126 | $MGF | ABERDEEN GOVERNMENT MARKETS INCOME FUND | — | $5.3M | 0.1% | 1.86M | +6% | |||
| 127 | $FVN | Future Vision II Acquisition Corp. | Technology | $5.2M | 0.1% | 479K | -0.3% | |||
| 128 | $LWAC | LightWave Acquisition Corp. | Financials | $5.2M | 0.1% | 510K | -1% | |||
| 129 | $DNMX | Dynamix Corp III | Financials | $5.0M | 0.1% | 498K | -0.7% | |||
| 130 | $JOF | JAPAN SMALLER CAPITALIZATION FUND INC | Other | $4.9M | 0.1% | 418K | -4% | |||
| 131 | $NTWO | Newbury Street II Acquisition Corp | Financials | $4.9M | 0.1% | 461K | -20% | |||
| 132 | — | K2 CAPITAL ACQ CRP; TNT ACQ DT: 7/28/2027; CASH: $10.00 - ORD SHS CL A | — | $4.9M | 0.1% | 491K | New | |||
| 133 | $ALIS | Calisa Acquisition Corp | Financials | $4.8M | 0.1% | 474K | -5% | |||
| 134 | $QUMS | Quantumsphere Acquisition Corp | Financials | $4.8M | 0.1% | 470K | -5% | |||
| 135 | $APAC | StoneBridge Acquisition II Corp | Financials | $4.7M | 0.1% | 465K | +7% | |||
| 136 | $LAFA | LaFayette Acquisition Corp. | Financials | $4.7M | 0.1% | 466K | +0.8% | |||
| 137 | $UTF | COHEN & STEERS INFRASTRUCTURE FUND INC | Other | $4.7M | 0.1% | 170K | +0.1% | |||
| 138 | $EOS | Eaton Vance Enhanced Equity Income Fund II | Other | $4.7M | 0.1% | 211K | +91% | |||
| 139 | $META | Meta Platforms, Inc. | Technology | $4.6M | 0.1% | 59K | -0.9% | |||
| 140 | — | XFLH ACQ CRP; TNT ACQ DT: 58/11/2027; CASH: $10.00 - ORD SHS | — | $4.5M | 0.1% | 449K | +100% | |||
| 141 | $WENC | West Enclave Merger Corp. | Financials | $4.4M | 0.1% | 439K | New | |||
| 142 | — | DIMENSIONAL INTERNATIONAL SMALL CAP VALUE ETF - INTL SMALL CAP V | — | $4.2M | 0.1% | 106K | New | |||
| 143 | $KOYN | CSLM Digital Asset Acquisition Corp III, Ltd | Financials | $4.2M | 0.1% | 410K | — | |||
| 144 | $SPEG | Silver Pegasus Acquisition Corp. | Financials | $4.1M | 0.1% | 397K | -2% | |||
| 145 | $QADR | QDRO Acquisition Corp. | Financials | $4.0M | 0.1% | 399K | New | |||
| 146 | — | SOREN ACQ CRP; TNT ACQ DT: 1/7/2028; CASH: $10.00 - USD CL A ORD SHS | — | $3.6M | 0.1% | 362K | New | |||
| 147 | $CRAQ | Cal Redwood Acquisition Corp. | Financials | $3.6M | 0.1% | 347K | — | |||
| 148 | $HVMC | Highview Merger Corp. | Financials | $3.5M | 0.1% | 345K | +75% | |||
| 149 | — | VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF - SHORT TRM TAX EX | — | $3.5M | 0.1% | 34K | -2% | |||
| 150 | $RFMZ | RiverNorth Flexible Municipal Income Fund II, Inc. | Other | $3.5M | 0.1% | 254K | -3% |
What changed in Q2 2026
Against the previous quarter's 13F: 26 new, 65 added to, 113 trimmed, 23 sold out. Share-count changes; largest moves by dollar size first.
New positions (26)
$AACPApogee Acquisition Corp$26.3M
first bought this quarter
- VERNAL CAPITAL ACQ CRP; TNT ACQ DT: 2/6/2028; CASH: $10.00 - ORD SHS$14.8M
first bought this quarter
- ACP ACQ CRP; TNT ACQ DT: 10/7/2027; CASH: $10.05 - CL A$13.4M
first bought this quarter
$BHAVBHAV Acquisition Corp$12.6M
first bought this quarter
$TRADAPEX Tech Acquisition Inc.$11.7M
first bought this quarter
$FMACFuture Money Acquisition Corp$11.6M
first bought this quarter
+20 more in the Excel export
Added to (65)
- ISHARES LEHMAN 20plus YR TREAS - 20 YR TR BD ETF+223%
now $76.3M
- ISHARES LEHMAN 7-10YR TREAS - 7-10 YR TRSY BD+1119%
now $31.4M
- VANGUARD WORLD FDS INF TECH ETF - INF TECH ETF+673%
now $19.3M
- VANGUARD BD INDEX FD INC TOTAL BND MRKT - TOTAL BND MRKT+62%
now $41.5M
- VANGUARD GROWTH ETF - GROWTH ETF+497%
now $17.4M
$AFBALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND+41%
now $41.1M · held 2+ qtrs
+59 more in the Excel export
Trimmed (113)
- VANGUARD INDEX FDS S&P 500 ETF SH - S&P 500 ETF SHS-7%
now $251.7M
$QSEAQuartzsea Acquisition Corp-57%
now $10.3M · held 2+ qtrs
$MUCBLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC.-14%
now $50.6M · held 2+ qtrs
- ISHARES CORE S&P500 ETF - CORE S&P500 ETF-11%
now $60.4M
$QQQXNuveen NASDAQ 100 Dynamic Overwrite Fund-15%
now $42.0M · held 2+ qtrs
$PLMKPlum Acquisition Corp. IV-98%
now $125K
+107 more in the Excel export
Sold out (23)
$GPATGP-Act III Acquisition Corp.was $24.2M
held 7+ qtrs
$LEGTLegato Merger Corp. IIIwas $23.5M
held 8+ qtrs
$SIMASIM Acquisition Corp. Iwas $18.5M
held 7+ qtrs
$LPAALaunch One Acquisition Corp.was $11.6M
held 7+ qtrs
$CUBLionheart Holdingswas $11.1M
held 7+ qtrs
- ISHARES S&P GSSI NATURAL RESwas $8.0M
+17 more in the Excel export
Holdings by quarter
Every 13F Karpus Management, Inc. has filed, 35 earlier quarters. Pick one to see what it held then.
Is it too late to follow Karpus Management?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Top 10 since filing
-6.7%
Value-weighted move of the 10 largest stock positions
Turnover
10%
Last quarter
Top 10 weight
35%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
0%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 1 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2026 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Karpus Management, Inc. disclosed 233 positions worth $3.5B in its Form 13F-HR for Q2 2026, followed by $MHD. During the quarter the fund opened 26 new positions and exited 23 — including a new stake in $AACP and a full exit from $GPAT. The portfolio is most concentrated in Other (81.3% of disclosed assets). All figures are sourced directly from Karpus Management, Inc.’s Form 13F-HR filing with the SEC under CIK 1048703.
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