ABSOLUTE INVESTMENT ADVISERS, LLC
CIK
1316187
Location
ROSEMARY BEACH, FL
Portfolio Value
Small
$140,045,977
Diversification
Diversified
Filing Date
Global Rank
#4,650
/ 8,232
▲ 488
Top Industry
Asset Management
100.0%
3Y Alpha vs SPY
-4.5%
Period ended 2 months ago
Filed Apr 22, 2026 · 52d
9 quarters · since Mar 2024
Clone Performance
May 2024–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+32.3%
SPY
+43.4%
Annualised alpha
-4.5%
Max drawdown
−14.0%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
46 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
9.6%
−3.8 pts
Top 5
34.2%
−1.3 pts
Top 10
54.4%
+1.1 pts
HHI
418
Diversified−61
Portfolio Trend
9 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 98.1% | $137,361,939 |
| Unclassified | 1.9% | $2,684,038 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
14 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NRO | Neuberger Real Estate Securities Income Fund Inc | +1,400,984 | 1,436,699 | $4,080,225 | |
| BTX | BlackRock Technology & Private Equity Term Trust | +915,474 | 1,549,398 | $10,226,026 | |
| VVR | Invesco Senior Income Trust | +418,439 | 1,475,186 | $4,750,098 | |
| BRW | Saba Capital Income & Opportunities Fund | +263,849 | 995,965 | $6,712,804 | |
| FSCO | FS Credit Opportunities Corp. | +244,740 | 558,686 | $2,849,298 | |
| HIO | Western Asset High Income Opportunity Fund Inc. | +141,927 | 469,158 | $1,703,043 | |
| JFR | Nuveen Floating Rate Income Fund | +102,055 | 391,237 | $2,942,102 | |
| MEGI | NYLI CBRE Global Infrastructure Megatrends Term Fund | +80,361 | 411,549 | $6,045,654 | |
| BGT | Blackrock Floating Rate Income Trust | +63,974 | 262,400 | $2,823,424 | |
| MCN | XAI Madison Equity Premium Income Fund | +32,418 | 567,061 | $3,305,965 | |
| SRV | NXG Cushing Midstream Energy Fund | +24,497 | 99,777 | $4,439,078 | |
| JQC | Nuveen Credit Strategies Income Fund | +17,556 | 1,139,849 | $5,551,064 | |
| DMA | Destra Multi-Alternative Fund | +13,117 | 273,696 | $2,219,674 | |
| AVK | Advent Convertible & Income Fund | +9,389 | 68,391 | $763,243 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
11 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ACP | abrdn Income Credit Strategies Fund | −1,047,922 | 1,035,965 | $5,283,421 | |
| ZTR | Virtus Total Return Fund Inc. | −406,733 | 279,486 | $1,850,197 | |
| EHI | Western Asset Global High Income Fund Inc. | −399,524 | 68,096 | $401,766 | |
| USA | Liberty All Star Equity Fund | −283,422 | 2,415,106 | $13,403,838 | |
| FTF | Franklin Ltd Duration Income Trust | −276,246 | 214,168 | $1,248,599 | |
| RIV | Rivernorth Opportunities Fund, Inc. | −109,983 | 274,406 | $3,045,906 | |
| EDF | Virtus Stone Harbor Emerging Markets Income Fund | −108,131 | 246,827 | $1,179,833 | |
| SCD | Lmp Capital & Income Fund Inc. | −67,013 | 97,544 | $1,456,331 | |
| PCF | High Income Securities Fund | −58,714 | 108,623 | $599,598 | |
| GRX | Gabelli Healthcare & WellnessRx Trust | −23,520 | 20,713 | $187,452 | |
| UTF | Cohen & Steers Infrastructure Fund Inc | −12,566 | 142,391 | $3,685,079 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
18 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| HYT | Blackrock Corporate High Yield Fund, Inc. | 1,191,864 | $10,154,681 | |
| JRI | Nuveen Real Asset Income & Growth Fund | 585,764 | $7,204,897 | |
| SPXX | Nuveen S&P 500 Dynamic Overwrite Fund | 430,433 | $6,917,058 | |
| BGR | BlackRock Energy & Resources Trust | 228,480 | $3,954,988 | |
| BSTZ | BlackRock Science & Technology Term Trust | 137,302 | $3,041,239 | |
| DBL | DoubleLine Opportunistic Credit Fund | 193,182 | $2,820,457 | |
| AWF | Alliancebernstein Global High Income Fund Inc | 143,544 | $1,459,842 | |
| MUA | Blackrock Muniassets Fund, Inc. | 127,113 | $1,348,668 | |
| FRA | Blackrock Floating Rate Income Strategies Fund, Inc. | 109,230 | $1,203,714 | |
| PDT | John Hancock Premium Dividend Fund | 87,415 | $1,145,136 | |
| PTY | Pimco Corporate & Income Opportunity Fund | 82,639 | $996,626 | |
| FSSL | FS Specialty Lending Fund | 66,654 | $833,841 | |
| HQL | abrdn Life Sciences Investors | 35,755 | $581,733 | |
| BGX | Blackstone Long-Short Credit Income Fund | 38,549 | $420,184 | |
| AWP | abrdn Global Premier Properties Fund | 25,317 | $279,752 | |
| GOF | Guggenheim Strategic Opportunities Fund | 23,100 | $254,562 | |
| HIX | Western Asset High Income Fund II Inc. | 52,624 | $209,443 | |
| AGD | abrdn Global Dynamic Dividend Fund | 12,018 | $129,794 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
13 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| IGR | Cbre Global Real Estate Income Fund | 1,333,225 | $5,839,525 | |
| BCAT | BlackRock Capital Allocation Term Trust | 352,521 | $4,991,697 | |
| PDI | PIMCO Dynamic Income Fund | 218,531 | $3,870,184 | |
| EMO | ClearBridge Energy Midstream Opportunity Fund Inc. | 84,275 | $3,762,878 | |
| JGH | Nuveen Global High Income Fund | 247,060 | $3,115,426 | |
| NMAI | Nuveen Multi-Asset Income Fund | 116,794 | $1,522,993 | |
| DIAX | Nuveen Dow 30sm Dynamic Overwrite Fund | 98,482 | $1,502,835 | |
| BXMX | Nuveen S&P 500 BuyWrite Income Fund | 56,216 | $826,375 | |
| CCD | Calamos Dynamic Convertible & Income Fund | 33,118 | $690,841 | |
| MRCC | MONROE CAPITAL Corp | 67,321 | $428,834 | |
| TYG | Tortoise Energy Infrastructure Corp | 7,570 | $309,613 | |
| RQI | Cohen & Steers Quality Income Realty Fund Inc | 16,359 | $186,819 | |
| AOD | abrdn Total Dynamic Dividend Fund | 17,566 | $171,268 | |
| No positions match the current search. | ||||
46 positions ·
$140,045,977 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| USA |
Liberty All Star Equity Fund
Financial Services
|
Reduced | 2,415,106 | $13,403,838 | 9.57% | |
| BTX |
BlackRock Technology & Private Equity Term Trust
Financial Services
|
Added | 1,549,398 | $10,226,026 | 7.30% | |
| HYT |
Blackrock Corporate High Yield Fund, Inc.
Financial Services
|
NEW | 1,191,864 | $10,154,681 | 7.25% | |
| JRI |
Nuveen Real Asset Income & Growth Fund
Financial Services
|
NEW | 585,764 | $7,204,897 | 5.14% | |
| SPXX |
Nuveen S&P 500 Dynamic Overwrite Fund
Financial Services
|
NEW | 430,433 | $6,917,058 | 4.94% | |
| BRW |
Saba Capital Income & Opportunities Fund
Financial Services
|
Added | 995,965 | $6,712,804 | 4.79% | |
| MEGI |
NYLI CBRE Global Infrastructure Megatrends Term Fund
Financial Services
|
Added | 411,549 | $6,045,654 | 4.32% | |
| JQC |
Nuveen Credit Strategies Income Fund
Financial Services
|
Added | 1,139,849 | $5,551,064 | 3.96% | |
| ACP |
abrdn Income Credit Strategies Fund
Financial Services
|
Reduced | 1,035,965 | $5,283,421 | 3.77% | |
| VVR |
Invesco Senior Income Trust
Financial Services
|
Added | 1,475,186 | $4,750,098 | 3.39% | |
| SRV |
NXG Cushing Midstream Energy Fund
Financial Services
|
Added | 99,777 | $4,439,078 | 3.17% | |
| NRO |
Neuberger Real Estate Securities Income Fund Inc
Financial Services
|
Added | 1,436,699 | $4,080,225 | 2.91% | |
| BGR |
BlackRock Energy & Resources Trust
Financial Services
|
NEW | 228,480 | $3,954,988 | 2.82% | |
| UTF |
Cohen & Steers Infrastructure Fund Inc
Financial Services
|
Reduced | 142,391 | $3,685,079 | 2.63% | |
| MCN |
XAI Madison Equity Premium Income Fund
Financial Services
|
Added | 567,061 | $3,305,965 | 2.36% | |
| RIV |
Rivernorth Opportunities Fund, Inc.
Financial Services
|
Reduced | 274,406 | $3,045,906 | 2.17% | |
| BSTZ |
BlackRock Science & Technology Term Trust
Financial Services
|
NEW | 137,302 | $3,041,239 | 2.17% | |
| JFR |
Nuveen Floating Rate Income Fund
Financial Services
|
Added | 391,237 | $2,942,102 | 2.10% | |
| BHK |
Blackrock Core Bond Trust
Financial Services
|
Held | 316,951 | $2,903,271 | 2.07% | |
| FSCO |
FS Credit Opportunities Corp.
Financial Services
|
Added | 558,686 | $2,849,298 | 2.03% | |
| BGT |
Blackrock Floating Rate Income Trust
Financial Services
|
Added | 262,400 | $2,823,424 | 2.02% | |
| DBL |
DoubleLine Opportunistic Credit Fund
Financial Services
|
NEW | 193,182 | $2,820,457 | 2.01% | |
| HYI |
Western Asset High Yield Opportunity Fund Inc.
Financial Services
|
Held | 245,966 | $2,626,916 | 1.88% | |
| DMA |
Destra Multi-Alternative Fund
Financial Services
|
Added | 273,696 | $2,219,674 | 1.58% | |
| ZTR |
Virtus Total Return Fund Inc.
|
Reduced | 279,486 | $1,850,197 | 1.32% | |
| HIO |
Western Asset High Income Opportunity Fund Inc.
Financial Services
|
Added | 469,158 | $1,703,043 | 1.22% | |
| AWF |
Alliancebernstein Global High Income Fund Inc
Financial Services
|
NEW | 143,544 | $1,459,842 | 1.04% | |
| SCD |
Lmp Capital & Income Fund Inc.
Financial Services
|
Reduced | 97,544 | $1,456,331 | 1.04% | |
| MUA |
Blackrock Muniassets Fund, Inc.
Financial Services
|
NEW | 127,113 | $1,348,668 | 0.96% | |
| FTF |
Franklin Ltd Duration Income Trust
Financial Services
|
Reduced | 214,168 | $1,248,599 | 0.89% | |
| FRA |
Blackrock Floating Rate Income Strategies Fund, Inc.
Financial Services
|
NEW | 109,230 | $1,203,714 | 0.86% | |
| EDF |
Virtus Stone Harbor Emerging Markets Income Fund
Financial Services
|
Reduced | 246,827 | $1,179,833 | 0.84% | |
| PDT |
John Hancock Premium Dividend Fund
Financial Services
|
NEW | 87,415 | $1,145,136 | 0.82% | |
| PTY |
Pimco Corporate & Income Opportunity Fund
Financial Services
|
NEW | 82,639 | $996,626 | 0.71% | |
| FSSL |
FS Specialty Lending Fund
|
NEW | 66,654 | $833,841 | 0.60% | |
| ASG |
Liberty All Star Growth Fund Inc.
Financial Services
|
Held | 169,570 | $805,457 | 0.58% | |
| AVK |
Advent Convertible & Income Fund
Financial Services
|
Added | 68,391 | $763,243 | 0.54% | |
| PCF |
High Income Securities Fund
Financial Services
|
Reduced | 108,623 | $599,598 | 0.43% | |
| HQL |
abrdn Life Sciences Investors
Financial Services
|
NEW | 35,755 | $581,733 | 0.42% | |
| BGX |
Blackstone Long-Short Credit Income Fund
Financial Services
|
NEW | 38,549 | $420,184 | 0.30% | |
| EHI |
Western Asset Global High Income Fund Inc.
Financial Services
|
Reduced | 68,096 | $401,766 | 0.29% | |
| AWP |
abrdn Global Premier Properties Fund
Financial Services
|
NEW | 25,317 | $279,752 | 0.20% | |
| GOF |
Guggenheim Strategic Opportunities Fund
Financial Services
|
NEW | 23,100 | $254,562 | 0.18% | |
| HIX |
Western Asset High Income Fund II Inc.
Financial Services
|
NEW | 52,624 | $209,443 | 0.15% | |
| GRX |
Gabelli Healthcare & WellnessRx Trust
Financial Services
|
Reduced | 20,713 | $187,452 | 0.13% | |
| AGD |
abrdn Global Dynamic Dividend Fund
Financial Services
|
NEW | 12,018 | $129,794 | 0.09% |