NEXPOINT ASSET MANAGEMENT, L.P.
SEC Form 13F institutional filer · CIK 0001469877
13F-HR · 9 reported holdings · 2026-03-31
Reported long-US-equity value
$0.04B
Top-10 concentration
100.0%
NEXPOINT ASSET MANAGEMENT, L.P. — $40.3M AUM allocation strategy
NEXPOINT ASSET MANAGEMENT, L.P. files SEC Form 13F and reports $40.3M of long US equity value across 9 reported holdings for 2026-03-31.
Its largest sector bet is Communication Services 59.4%, followed by Real Estate 22.5% and Consumer Discretionary 4.7%.
The top 10 holdings account for 100% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
NEXPOINT ASSET MANAGEMENT, L.P. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$40.3M
total across 9 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
100% of value
higher = narrower conviction; lower = spread / hedging
Exited to nil (held last quarter, gone now)
$VST ($12M last qtr)$PSX ($4.71M last qtr)$SW ($3.08M last qtr)$IP ($2.27M last qtr)$KMB ($1.44M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Broadcasting59.4%—
- Retail REITs16.1%—
- Office REITs6.4%—
- Distributors4.7%—
- Rail Transportation3.6%—
- Transaction & Payment Processing Services3.5%—
- Application Software3.4%—
- Health Care Equipment3.0%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
9 of 9 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $WBD | Warner Bros. Discovery Inc. Series A | 872K | $23.9M | — | 59.4% |
| $O | Realty Income Corporation | 156K | $6.48M | +124K | 16.1% |
| $ARE | Alexandria Real Estate Equities Inc | 56K | $2.6M | +0 | 6.4% |
| $GPC | Genuine Parts Company | 17.8K | $1.88M | +0 | 4.7% |
| $CSX | CSX Corporation | 35K | $1.44M | +0 | 3.6% |
| $FISV | Fiserv Inc | 25K | $1.4M | +0 | 3.5% |
| $BDX | Becton Dickinson and Company | 7.74K | $1.22M | — | 3.0% |
| $ADBE | Adobe Inc | 2.9K | $704K | -646K | 1.7% |
| $WDAY | Workday Inc | 5.19K | $675K | +0 | 1.7% |
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.