1y return−1.6%S&P 500 +20.9%
3y return+3.6%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since September 30, 2021: $89 against $174 in the S&P 500.2
Ppm America Inc/ilS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| BKLNInvesco Senior Loan | $7.3M | 48.7% | New |
| MPLXMplx LP | $4.9M | 32.6% | |
| SANGSangoma Technologies | $2.5M | 16.9% | |
| Clear Channel OutdooCUSIP 18453H106 | $272K | 1.8% | −84.1% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| MPLXMplx LP | September 30, 2021 | +97.9% | $4.9M |
| SANGSangoma Technologies | September 30, 2023 | +8.2% | $2.5M |
Sold off last quarter
- USHYIshares Broad Usd Hi was $6.5M
- IHRTiHeartMedia Inc was $866K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +1.9% | +14.8% |
| March 31, 2026 | −6.7% | −4.6% |
| December 31, 2025 | +6.8% | +2.4% |
| September 30, 2025 | −3.1% | +7.8% |
| June 30, 2025 | +7.6% | +10.5% |
| March 31, 2025 | −14.0% | −4.6% |
| December 31, 2024 | +10.5% | +2.1% |
| September 30, 2024 | +4.7% | +5.4% |
| June 30, 2024 | −6.6% | +4.0% |
| March 31, 2024 | +11.0% | +10.0% |
| December 31, 2023 | −2.6% | +11.2% |
| September 30, 2023 | −2.6% | −3.6% |
| June 30, 2023 | −2.5% | +8.3% |
| March 31, 2023 | −1.2% | +7.0% |
| December 31, 2022 | +1.2% | +7.1% |
| September 30, 2022 | −1.6% | −5.3% |
| June 30, 2022 | −11.8% | −16.5% |
| March 31, 2022 | −2.6% | −4.9% |
| December 31, 2021 | +4.2% | +10.7% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Ppm America Inc/il Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=898417&type=13F-HR&dateb=&owner=include&count=40CIK 898417
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/898417/000089841726000008/Filed August 6, 2026 · accession 0000898417-26-000008