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Total Return Securities Fund

SWZ
Exchange
NYSE
SEC CIK
0000813623

In the last 90 days, Total Return Securities Fund insiders filed 7 open-market purchases and 0 sales; 42 institutions reported holding it in 13F filings for Q2 2026, worth $32.0M in total; Gardner Russo & Quinn is the only superinvestor holding it.

13F holders, Q1 2025

Institutional positions in Total Return Securities Fund as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
37
−1 vs. Q4 2024
Shares held
5.96M
+31.0K (+0.5%) vs. Q4 2024
Total value
$54.9M
+$10.4M (+23.4%) vs. Q4 2024
New holders
3
9 more added
Sold out
4
13 more reduced

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SWZ on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 37 institutions
Q1 2021: 35 institutionsQ2 2021: 39 institutionsQ3 2021: 37 institutionsQ4 2021: 36 institutionsQ1 2022: 34 institutionsQ2 2022: 31 institutionsQ3 2022: 31 institutionsQ4 2022: 34 institutionsQ1 2023: 31 institutionsQ2 2023: 33 institutionsQ3 2023: 33 institutionsQ4 2023: 33 institutionsQ1 2024: 36 institutionsQ2 2024: 42 institutionsQ3 2024: 38 institutionsQ4 2024: 38 institutionsQ1 2025: 37 institutionsQ2 2025: 39 institutionsQ3 2025: 42 institutionsQ4 2025: 41 institutionsQ1 2026: 42 institutionsQ2 2026: 42 institutions
Value heldQ1 2025: $54.9M
Q1 2021: $44.0MQ2 2021: $49.9MQ3 2021: $46.7MQ4 2021: $49.9MQ1 2022: $44.9MQ2 2022: $37.2MQ3 2022: $31.0MQ4 2022: $36.3MQ1 2023: $39.0MQ2 2023: $40.0MQ3 2023: $39.9MQ4 2023: $43.8MQ1 2024: $42.2MQ2 2024: $45.5MQ3 2024: $52.8MQ4 2024: $44.5MQ1 2025: $54.9MQ2 2025: $38.1MQ3 2025: $39.5MQ4 2025: $51.7MQ1 2026: $29.3MQ2 2026: $32.0M
Institutions holding SWZ and their total value by quarter
QuarterHoldersValue
Q2 202642$32.0M
Q1 202642$29.3M
Q4 202541$51.7M
Q3 202542$39.5M
Q2 202539$38.1M
Q1 202537$54.9M
Q4 202438$44.5M
Q3 202438$52.8M
Q2 202442$45.5M
Q1 202436$42.2M
Q4 202333$43.8M
Q3 202333$39.9M
Q2 202333$40.0M
Q1 202331$39.0M
Q4 202234$36.3M
Q3 202231$31.0M
Q2 202231$37.2M
Q1 202234$44.9M
Q4 202136$49.9M
Q3 202137$46.7M
Q2 202139$49.9M
Q1 202135$44.0M

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Total Return Securities Fund; share changes are against Q4 2024.

Institutions holding SWZ in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
US Bancorp135$1.25K0.00%−45−25.0%Reduced
Royal Bank of Canada249$2.00K0.00%−278−52.8%Reduced
CWM, LLC835$8.00K0.00%00.0%Unchanged
North Star Investment Management Corp.951$8.77K0.00%00.0%Unchanged
Ancora Advisors, LLC1,068$9.85K0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec1,829$16.9K0.00%00.0%Unchanged
JPMorgan Chase & Co2,581$23.8K0.00%00.0%Unchanged
CF Capital LLC4,800$30.0K0.03%+4,800New
Winmill & Co. Inc3,270$30.1K0.01%00.0%Unchanged
The PNC Financial Services Group, Inc.6,268$57.8K0.00%+24+0.4%Added
Advisor Group Holdings, Inc.7,591$70.0K0.00%+2,772+57.5%Added
Wells Fargo & Company9,104$83.9K0.00%−1,133−11.1%Reduced
CNH Partners LLC10,867$100.2K0.00%−22,704−67.6%Reduced
Kestra Advisory Services, LLC12,876$118.7K0.00%00.0%Unchanged
Bank of America Corp13,672$126.1K0.00%00.0%Unchanged
Capital Investment Counsel, Inc14,961$137.9K0.02%00.0%Unchanged
Gamco Investors, Inc. Et Al16,048$148.0K0.00%00.0%Unchanged
Wolverine Asset Management LLC25,856$238.4K0.00%−7,484−22.4%Reduced
Yakira Capital Management, Inc.30,105$277.6K0.11%+30,105New
Delta Capital Management LLC33,363$308.0K0.18%00.0%Unchanged
1607 Capital Partners, LLC39,979$368.6K0.03%−419,613−91.3%Reduced
UBS Group AG44,587$411.1K0.00%−14,231−24.2%Reduced
Rivernorth Capital Management, LLC44,833$413.4K0.02%+44,833New
Morgan Stanley60,460$557.4K0.00%−37,601−38.3%Reduced
Shaker Financial Services, LLC86,088$793.7K0.31%−166,473−65.9%Reduced
Blue Bell Private Wealth Management, LLC98,002$903.6K0.17%+6,685+7.3%Added
Uncommon Cents Investing LLC100,130$923.2K0.27%+8,030+8.7%Added
Commonwealth Equity Services, LLC124,828$1.15M0.00%−148−0.1%Reduced
Uhlmann Price Securities, LLC143,837$1.33M0.98%+2,918+2.1%Added
Envestnet Asset Management Inc164,184$1.51M0.00%+14,818+9.9%Added
Bulldog Investors, LLP237,472$2.19M0.59%00.0%Unchanged
Saba Capital Management, L.P.242,139$2.23M0.06%−83,640−25.7%Reduced
Karpus Management, Inc.247,460$2.28M0.07%−27,660−10.1%Reduced
Gardner Russo & Quinn LLCSuperinvestorGardner Russo & Quinn293,403$2.71M0.03%+4,602+1.6%Added
CSS LLC377,658$3.48M0.24%+87,383+30.1%Added
Lazard Asset Management LLC1,528,468$14.1M0.02%+809,156+112.5%Added
Allspring Global Investments Holdings, LLC1,930,805$17.8M0.03%−36,497−1.9%Reduced
Sanctuary Advisors, LLC0$00.00%−97,879−100.0%Sold out
Logan Stone Capital, LLC0$00.00%−31,779−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−20,070−100.0%Sold out
LPL Financial LLC0$00.00%−17,910−100.0%Sold out