FS Multi-Strategy Alternatives Fund
Open-end / ETFRegistrant
ADVISORS' INNER CIRCLE III
Class tickers
FSMMX
FSMSX
Net Assets
$1,465,560,701
Holdings
670
Latest Report
Jun 30, 2026
Net Assets Over Time
Holdings · 670
Export CSV
Showing 1–50
of 670 holdings by value
· page 1 of 14
| Holding | Symbol | Balance | Value | % of Fund | Side | Category | Open |
|---|---|---|---|---|---|---|---|
|
Federal National Mortgage Association
|
01F052672 | 1,540,000,000 | $1,545,113,262 | 105.43% | Long | DBT | |
|
Federal National Mortgage Association
|
01F050676 | 379,000,000 | $372,382,319 | 25.41% | Long | DBT | |
|
BARCLAYS BANK PLC
|
DC6516678 | 128,048,782 | $148,755,294 | 10.15% | Long | DBT | |
|
—
|
— | 2,876 | $62,732,750 | 4.28% | — | DE | |
|
BARCLAYS BANK PLC
|
DC6516694 | 62,439,862 | $53,295,544 | 3.64% | Long | DBT | |
|
SOCIETE GENERALE SA
|
DJ3512048 | 50,000,000 | $47,280,000 | 3.23% | Long | DBT | |
|
BARCLAYS BANK PLC
|
DC6516686 | 30,000,000 | $38,826,270 | 2.65% | Long | DBT | |
|
—
|
— | 32,020,000 | $32,020,000 | 2.18% | Long | STIV | |
|
FANNIE MAE OR FREDDIE MAC
|
01F050668 | 28,000,000 | $27,548,284 | 1.88% | Long | DBT | |
|
United States of America
|
— | 214 | $22,908,031 | 1.56% | — | DIR | |
|
—
|
— | 20,620,000 | $20,620,000 | 1.41% | Long | STIV | |
|
—
|
— | 19,190,000 | $19,190,000 | 1.31% | Long | STIV | |
| iShares Bitcoin Trust ETF | IBIT | 534,150 | $17,781,854 | 1.21% | Long | EC | |
|
SWCH COMMERCIAL MORTGAGE TRUST
|
78489CAE9 | 13,490,000 | $13,338,238 | 0.91% | Long | ABS-MBS | |
|
ELMWOOD CLO
|
29001LAY7 | 11,000,000 | $11,008,382 | 0.75% | Long | ABS-CBDO | |
|
NORTHWOODS CAPITAL LIMITED
|
66858CAQ0 | 10,500,000 | $10,507,392 | 0.72% | Long | ABS-CBDO | |
|
WELLS FARGO COMMERCIAL MORTGAGE TRUST
|
95004EAA3 | 10,000,000 | $10,050,000 | 0.69% | Long | ABS-MBS | |
|
USD-SOFR 4.40 01/16/2035
|
— | 300,000,000 | $8,729,654 | 0.60% | — | DIR | |
|
BRUKER CORPORATION
|
116794207 | 19,037 | $8,526,863 | 0.58% | Long | EP | |
|
Alibaba Group Holding Limited
|
01609WBG6 | 6,559,000 | $7,736,341 | 0.53% | Long | DBT | |
|
—
|
— | 7,680,000 | $7,680,000 | 0.52% | Long | STIV | |
|
ALPHABET INC.
|
02079K404 | 148,633 | $7,563,933 | 0.52% | Long | EP | |
|
BX TRUST
|
123913AJ4 | 7,500,000 | $7,505,222 | 0.51% | Long | ABS-MBS | |
|
RENEW FINANCIAL GROUP LLC
|
75975DAA2 | 7,657,838 | $7,383,355 | 0.50% | Long | ABS-MBS | |
|
PPL CAPITAL FUNDING, INC.
|
69352PAU7 | 7,255,000 | $7,376,884 | 0.50% | Long | DBT | |
|
PG&E CORPORATION
|
69331CAL2 | 7,160,000 | $7,317,520 | 0.50% | Long | DBT | |
|
MAXIM CRANE WORKS HOLDINGS CAPITAL, LLC
|
57779EAA6 | 7,046,000 | $7,297,345 | 0.50% | Long | DBT | |
|
BX TRUST
|
12433KAJ6 | 7,300,000 | $7,263,500 | 0.50% | Long | ABS-MBS | |
|
RADNOR RE/ESSENT
|
75049XAC6 | 6,500,000 | $7,150,191 | 0.49% | Long | ABS-MBS | |
|
MICROCHIP TECHNOLOGY INCORPORATED
|
595017302 | 92,770 | $7,116,387 | 0.49% | Long | EP | |
|
CARVANA CO.
|
146869AN2 | 6,845,000 | $7,076,532 | 0.48% | Long | DBT | |
|
ORACLE CORPORATION
|
68389X204 | 147,280 | $6,620,236 | 0.45% | Long | EP | |
|
CMS ENERGY CORPORATION
|
125896BZ2 | 6,496,000 | $6,612,928 | 0.45% | Long | DBT | |
|
—
|
— | 6,590,000 | $6,590,000 | 0.45% | Long | STIV | |
|
FLEXENTIAL LLC
|
33938MAK5 | 6,500,000 | $6,468,324 | 0.44% | Long | ABS-MBS | |
|
HERA FINANCING DAC
|
HER7UYUZ0 | 4,821,701 | $6,417,380 | 0.44% | Long | ABS-MBS | |
|
TRIP.COM GROUP LIMITED
|
89677QAB3 | 6,490,000 | $6,389,405 | 0.44% | Long | DBT | |
|
RADNOR RE/ESSENT
|
75049GAC3 | 6,000,000 | $6,190,616 | 0.42% | Long | ABS-MBS | |
|
BX TRUST
|
123913AG0 | 6,000,000 | $6,000,000 | 0.41% | Long | ABS-MBS | |
|
Government National Mortgage Association
|
38384WEQ4 | 106,899,945 | $5,997,525 | 0.41% | Long | DBT | |
|
BX TRUST
|
12433KAG2 | 6,000,000 | $5,971,875 | 0.41% | Long | ABS-MBS | |
|
TEAM HEALTH HOLDINGS, INC.
|
87817AAB3 | 5,776,000 | $5,906,249 | 0.40% | Long | DBT | |
|
VINE TRUST
|
91825KAA5 | 5,875,181 | $5,749,506 | 0.39% | Long | ABS-MBS | |
|
GAMESTOP CORP.
|
36467WAE9 | 5,628,000 | $5,734,932 | 0.39% | Long | DBT | |
|
EG GLOBAL FINANCE PLC
|
28228PAC5 | 5,207,000 | $5,529,199 | 0.38% | Long | DBT | |
|
FIRSTENERGY CORP.
|
337932AT4 | 4,997,000 | $5,454,226 | 0.37% | Long | DBT | |
|
Government National Mortgage Association
|
38385J5M1 | 96,657,110 | $5,382,390 | 0.37% | Long | DBT | |
|
Gray Media, Inc
|
389375AM8 | 5,088,000 | $5,370,852 | 0.37% | Long | DBT | |
|
COINBASE GLOBAL, INC.
|
19260QAG2 | 6,189,000 | $5,325,635 | 0.36% | Long | DBT | |
|
CONE COMMERCIAL MORTGAGE TRUST
|
20681AAG6 | 5,250,000 | $5,272,885 | 0.36% | Long | ABS-MBS |
Showing the top 50 of 670 holdings. Create a free account to see every holding and download the CSV.