ABSOLUTE INVESTMENT ADVISERS, LLC
Registered adviserCIK
1316187
Location
ROSEMARY BEACH, FL
Portfolio Value
Small
$113,720,494
Diversification
Diversified
Files via
Quarry LP
Filing Date
Global Rank
#8,194
/ 8,817
▼ 1059
· as of Jun 2026
Top Industry
Asset Management
100.0%
Period ended 27 days ago
Filed Oct 21, 2026 · 6d
12 quarters · since Sep 2022
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Registered adviser
Form ADV roster, Oct 1, 2026
Regulatory AUM
$2,233,935,045
Main clients
Registered funds and BDCs
(91% of AUM)
Private funds
1 fund
· Hedge funds
Focus by fund count, roster of Oct 1, 2026
$38,739,561 gross assets
Registered funds advised
5 series
(0 index, 1 ETF)
$1,470,467,845 net assets· N-CEN Mar 31, 2026
LEI
5493001KJTIIGC8Y1R12
Private funds on Schedule D 7.B.(1)
As filed Mar 28, 2024; SEC's bulk Form ADV archive ends with 2024 filings.
$37,145,709 gross assets in 1 fund
Hedge funds
$37,145,709
(1)
Form ADV history
Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Oct 2026 | $2,233,935,045 | Registered funds and BDCs (91%) |
| Apr 2025 to Mar 2026 | $1,778,812,688 | Registered funds and BDCs (90%) |
| Apr 2024 to Mar 2025 | $1,625,721,283 | Registered funds and BDCs (98%) |
| May 2023 to Mar 2024 | $1,678,846,528 | Registered funds and BDCs (100%) |
| Apr 2023 | $1,678,846,528 | Registered funds and BDCs (100%) |
| Apr 2022 to Mar 2023 | $1,254,724,775 | Registered funds and BDCs (100%) |
5 earlier changes not shown.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.
Style
Concentrated
The top 10 positions are 67.0% of the book (60%+)
Turnover
High turnover
107.1% over the last four quarters (100%+)
Horizon
Short horizon
Value-weighted holding period 2.5 quarters (under 4)
Closest benchmark: every 13F filer's combined book, active share 96.2%; sector active share 84.7% against the combined 13F book's sector weights.
Over time 11 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
36 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026Top Position
9.5%
−3.8 pts
Top 5
35.6%
−9.4 pts
Top 10
57.6%
−9.4 pts
HHI
462
Diversified−163
Portfolio Trend
12 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 100.0% | $113,720,494 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
8 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| IAE | Voya Asia Pacific High Dividend Equity Income Fund | +577,987 | 661,356 | $5,879,454 | |
| IHD | Voya Emerging Markets High Dividend Equity Fund | +273,571 | 788,634 | $5,969,959 | |
| AVK | Advent Convertible & Income Fund | +179,449 | 248,033 | $2,842,458 | |
| DBL | DoubleLine Opportunistic Credit Fund | +152,105 | 216,749 | $2,936,948 | |
| GOF | Guggenheim Strategic Opportunities Fund | +139,210 | 154,082 | $1,311,237 | |
| ASG | Liberty All Star Growth Fund Inc. | +83,311 | 195,627 | $987,916 | |
| NHS | Neuberger High Yield Strategies Fund Inc. | +79,759 | 880,503 | $4,772,326 | |
| GAB | Gabelli Equity Trust Inc | +23,150 | 1,531,228 | $8,023,634 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
14 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| JQC | Nuveen Credit Strategies Income Fund | −520,449 | 412,003 | $1,957,014 | |
| USA | Liberty All Star Equity Fund | −302,507 | 1,873,982 | $10,812,876 | |
| NRO | Neuberger Real Estate Securities Income Fund Inc | −272,806 | 1,441,840 | $3,748,784 | |
| VVR | Invesco Senior Income Trust | −220,686 | 516,822 | $1,493,615 | |
| TYG | Tortoise Energy Infrastructure Corp | −206,760 | 131,269 | $5,026,290 | |
| FSCO | FS Credit Opportunities Corp. | −162,401 | 389,666 | $2,010,676 | |
| BGR | BlackRock Energy & Resources Trust | −156,591 | 59,911 | $1,012,495 | |
| MCN | XAI Madison Equity Premium Income Fund | −72,391 | 799,455 | $4,205,133 | |
| JRI | Nuveen Real Asset Income & Growth Fund | −67,814 | 190,013 | $2,046,440 | |
| HIO | Western Asset High Income Opportunity Fund Inc. | −65,086 | 307,371 | $1,002,029 | |
| HYI | Western Asset High Yield Opportunity Fund Inc. | −45,963 | 200,003 | $1,972,029 | |
| FRA | Blackrock Floating Rate Income Strategies Fund, Inc. | −40,439 | 118,515 | $1,249,148 | |
| PCF | High Income Securities Fund | −39,746 | 21,617 | $111,543 | |
| DMA | Destra Multi-Alternative Fund | −34,178 | 250,228 | $1,886,719 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
10 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| RQI | Cohen & Steers Quality Income Realty Fund Inc | 833,385 | $9,083,896 | |
| JPC | Nuveen Preferred & Income Opportunities Fund | 972,216 | $6,630,513 | |
| NFJ | Virtus Dividend, Interest & Premium Strategy Fund | 313,719 | $4,721,470 | |
| XFLT | XAI Floating Rate & Alternative Income Trust | 239,902 | $4,610,916 | |
| KTF | Dws Municipal Income Trust | 564,047 | $4,568,780 | |
| RIV | Rivernorth Opportunities Fund, Inc. | 245,750 | $2,541,055 | |
| MUA | Blackrock Muniassets Fund, Inc. | 257,502 | $2,459,144 | |
| GGN | GAMCO Global Gold, Natural Resources & Income Trust | 352,464 | $1,861,009 | |
| SABA | Saba Capital Income & Opportunities Fund II | 33,469 | $266,747 | |
| MMT | Aberdeen Multi-Market Income Fund | 546,980 | $0 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
8 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SPXX | Nuveen S&P 500 Dynamic Overwrite Fund | 421,986 | $7,865,819 | |
| DHY | Ubs Asset Management High Yield Credit Fund | 3,002,193 | $5,343,903 | |
| IYR | iShares U.S. Real Estate ETF | 42,258 | $4,320,880 | |
| PDT | John Hancock Premium Dividend Fund | 87,415 | $1,132,024 | |
| BGT | Blackrock Floating Rate Income Trust | 94,792 | $1,010,482 | |
| BRW | Saba Capital Income & Opportunities Fund | 57,853 | $380,094 | |
| FCT | First Trust Senior Floating Rate Income Fund II | 66,089 | $0 | |
| VFL | abrdn National Municipal Income Fund | 11,856 | $0 | |
| No positions match the current search. | ||||
36 tracked positions ·
$113,720,494 total
· filing declares
129 positions · $1,091,582,780
· as of Sep 30, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| USA |
Liberty All Star Equity Fund
Financial Services
|
Reduced | 1,873,982 | $10,812,876 | 9.51% | |
| RQI |
Cohen & Steers Quality Income Realty Fund Inc
Financial Services
|
NEW | 833,385 | $9,083,896 | 7.99% | |
| GAB |
Gabelli Equity Trust Inc
Financial Services
|
Added | 1,531,228 | $8,023,634 | 7.06% | |
| JPC |
Nuveen Preferred & Income Opportunities Fund
Financial Services
|
NEW | 972,216 | $6,630,513 | 5.83% | |
| IHD |
Voya Emerging Markets High Dividend Equity Fund
Financial Services
|
Added | 788,634 | $5,969,959 | 5.25% | |
| IAE |
Voya Asia Pacific High Dividend Equity Income Fund
Financial Services
|
Added | 661,356 | $5,879,454 | 5.17% | |
| TYG |
Tortoise Energy Infrastructure Corp
Financial Services
|
Reduced | 131,269 | $5,026,290 | 4.42% | |
| NHS |
Neuberger High Yield Strategies Fund Inc.
Financial Services
|
Added | 880,503 | $4,772,326 | 4.20% | |
| NFJ |
Virtus Dividend, Interest & Premium Strategy Fund
Financial Services
|
NEW | 313,719 | $4,721,470 | 4.15% | |
| XFLT |
XAI Floating Rate & Alternative Income Trust
Financial Services
|
NEW | 239,902 | $4,610,916 | 4.05% | |
| KTF |
Dws Municipal Income Trust
Financial Services
|
NEW | 564,047 | $4,568,780 | 4.02% | |
| MCN |
XAI Madison Equity Premium Income Fund
Financial Services
|
Reduced | 799,455 | $4,205,133 | 3.70% | |
| NRO |
Neuberger Real Estate Securities Income Fund Inc
Financial Services
|
Reduced | 1,441,840 | $3,748,784 | 3.30% | |
| HYT |
Blackrock Corporate High Yield Fund, Inc.
Financial Services
|
Held | 460,607 | $3,611,158 | 3.18% | |
| DBL |
DoubleLine Opportunistic Credit Fund
Financial Services
|
Added | 216,749 | $2,936,948 | 2.58% | |
| AVK |
Advent Convertible & Income Fund
Financial Services
|
Added | 248,033 | $2,842,458 | 2.50% | |
| RIV |
Rivernorth Opportunities Fund, Inc.
Financial Services
|
NEW | 245,750 | $2,541,055 | 2.23% | |
| MUA |
Blackrock Muniassets Fund, Inc.
Financial Services
|
NEW | 257,502 | $2,459,144 | 2.16% | |
| JRI |
Nuveen Real Asset Income & Growth Fund
Financial Services
|
Reduced | 190,013 | $2,046,440 | 1.80% | |
| FSCO |
FS Credit Opportunities Corp.
Financial Services
|
Reduced | 389,666 | $2,010,676 | 1.77% | |
| HYI |
Western Asset High Yield Opportunity Fund Inc.
Financial Services
|
Reduced | 200,003 | $1,972,029 | 1.73% | |
| JQC |
Nuveen Credit Strategies Income Fund
Financial Services
|
Reduced | 412,003 | $1,957,014 | 1.72% | |
| DMA |
Destra Multi-Alternative Fund
Financial Services
|
Reduced | 250,228 | $1,886,719 | 1.66% | |
| GGN |
GAMCO Global Gold, Natural Resources & Income Trust
Financial Services
|
NEW | 352,464 | $1,861,009 | 1.64% | |
| VVR |
Invesco Senior Income Trust
Financial Services
|
Reduced | 516,822 | $1,493,615 | 1.31% | |
| GOF |
Guggenheim Strategic Opportunities Fund
Financial Services
|
Added | 154,082 | $1,311,237 | 1.15% | |
| PTY |
Pimco Corporate & Income Opportunity Fund
Financial Services
|
Held | 116,063 | $1,277,853 | 1.12% | |
| FRA |
Blackrock Floating Rate Income Strategies Fund, Inc.
Financial Services
|
Reduced | 118,515 | $1,249,148 | 1.10% | |
| BGR |
BlackRock Energy & Resources Trust
Financial Services
|
Reduced | 59,911 | $1,012,495 | 0.89% | |
| HIO |
Western Asset High Income Opportunity Fund Inc.
Financial Services
|
Reduced | 307,371 | $1,002,029 | 0.88% | |
| ASG |
Liberty All Star Growth Fund Inc.
Financial Services
|
Added | 195,627 | $987,916 | 0.87% | |
| AWF |
Alliancebernstein Global High Income Fund Inc
Financial Services
|
Held | 47,082 | $458,107 | 0.40% | |
| EHI |
Western Asset Global High Income Fund Inc.
Financial Services
|
Held | 68,096 | $371,123 | 0.33% | |
| SABA |
Saba Capital Income & Opportunities Fund II
Financial Services
|
NEW | 33,469 | $266,747 | 0.23% | |
| PCF |
High Income Securities Fund
Financial Services
|
Reduced | 21,617 | $111,543 | 0.10% | |
| MMT |
Aberdeen Multi-Market Income Fund
Financial Services
|
NEW | 546,980 | $0 | 0.00% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.