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McGowan Group Asset Management, Inc.

SEC Form 13F institutional filer · CIK 0001633227

13F-HR · 78 reported holdings · 2026-03-31

Reported long-US-equity value

$0.30B

Top-10 concentration

73.4%

McGowan Group Asset Management, Inc. — $298M AUM allocation strategy

McGowan Group Asset Management, Inc. files SEC Form 13F and reports $298M of long US equity value across 78 reported holdings for 2026-03-31.

Its largest sector bet is Financials 25.1%, followed by Energy 22.0% and Industrials 13.8%.

The top 10 holdings account for 73% 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.

McGowan Group Asset Management, Inc. — latest SEC 13F insights

Reported long-US-equity value (13F AUM)

$298M

total across 78 reported holdings · 2026-03-31 · excludes shorts, cash, non-US

Top-10 concentration

73% of value

higher = narrower conviction; lower = spread / hedging

Biggest adds (shares)

$BLK$GS$GE

+$BLK +756K sh · +$5M+$GS +17.9K sh · +$935K+$GE +639 sh · +$163K

Biggest trims (shares)

$MSFT$EXE$TXN

−$MSFT −13.5K sh · −$6.95M−$EXE −10.2K sh · −$1.13M−$TXN −7.97K sh · −$859K

Added from nil (new positions)

$FDX$MU$GLW$AMGN$VRT

5 fresh holdings — new conviction

Exited to nil (held last quarter, gone now)

$PANW$VZ$INTC

$PANW ($2.61M last qtr)$VZ ($504K last qtr)$INTC ($221K last qtr)

Sector allocation (share of reported value)

Financials 25%Energy 22%Industrials 14%Information Technology 11%Health Care 7%Consumer Discretionary 6%Communication Services 4%Consumer Staples 1%Other holdings 11%SECTORS
  • $XLFFinancials25.1%
  • $XLEEnergy22.0%
  • $XLIIndustrials13.8%
  • $XLKInformation Technology10.5%
  • $XLVHealth Care6.6%
  • $XLYConsumer Discretionary6.1%
  • $XLCCommunication Services4.5%
  • $XLPConsumer Staples0.5%
  • Other holdings10.9%

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)

Integrated Oil & Gas 17%Asset Management & Custody Banks 13%Technology Hardware, Storage & Peripherals 9%Air Freight & Logistics 7%Pharmaceuticals 7%Investment Banking & Brokerage 7%Industrial Conglomerates 6%Broadline Retail 6%Other holdings 28%INDUSTRIES
  • Integrated Oil & Gas17.1%
  • Asset Management & Custody Banks13.0%
  • Technology Hardware, Storage & Peripherals8.8%
  • Air Freight & Logistics7.5%
  • Pharmaceuticals6.6%
  • Investment Banking & Brokerage6.6%
  • Industrial Conglomerates6.2%
  • Broadline Retail6.1%
  • Other holdings28.1%

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

10 of 10 rows · sorted by Value ↓

TickerHoldingSharesValueΔ QoQWeight
$XOMExxonMobil Holdings Corporation249K$42.3M-1.98K14.2%
$BLKBlackRock Inc4.55M$38.8M+756K13.0%
$FDXFedEx Corporation62.9K$22.4M7.5%
$DELLDell Technologies Inc131K$21.5M-2.08K7.2%
$LLYEli Lilly and Company21.3K$19.5M-2086.6%
$GSGoldman Sachs Group Inc387K$19.5M+17.9K6.6%
$MMM3M Company128K$18.6M+1386.3%
$EBAYeBay Inc152K$13.9M-1.09K4.7%
$EQTEQT Corporation206K$13.1M-4.4K4.4%
$GOOGAlphabet Inc. Class C Capital Stock31.4K$9.02M-9323.0%

…and 68 more holdings in the full 13F filing (top positions only shown).

SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported

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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 IRWhich funds bought or dumped the stock, before the next call.
Quant / algo tradersCross-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.

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