Total Return Securities Fund
SWZ- Exchange
- NYSE
- SEC CIK
- 0000813623
In the last 90 days, Total Return Securities Fund insiders filed 8 open-market purchases and 0 sales; 42 institutions reported holding it in 13F filings for Q2 2026, worth $32.3M in total; Gardner Russo & Quinn is the only superinvestor holding it.
13F holders, Q4 2025
Institutional positions in Total Return Securities Fund as of Dec 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
- 41
- −1 vs. Q3 2025
- Shares held
- 8.33M
- +1.82M (+28.0%) vs. Q3 2025
- Total value
- $52.0M
- +$12.3M (+30.8%) vs. Q3 2025
- New holders
- 9
- 14 more added
- Sold out
- 10
- 9 more reduced
Compare with Q3 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 42 | $32.3M |
| Q1 2026 | 42 | $29.6M |
| Q4 2025 | 41 | $52.0M |
| Q3 2025 | 42 | $39.8M |
| Q2 2025 | 39 | $38.4M |
| Q1 2025 | 37 | $54.9M |
| Q4 2024 | 38 | $44.5M |
| Q3 2024 | 38 | $52.8M |
| Q2 2024 | 42 | $45.6M |
| Q1 2024 | 36 | $43.8M |
| Q4 2023 | 33 | $44.6M |
| Q3 2023 | 33 | $39.9M |
| Q2 2023 | 33 | $40.0M |
| Q1 2023 | 31 | $39.0M |
| Q4 2022 | 34 | $36.3M |
| Q3 2022 | 31 | $31.0M |
| Q2 2022 | 31 | $37.2M |
| Q1 2022 | 34 | $44.9M |
| Q4 2021 | 36 | $49.9M |
| Q3 2021 | 37 | $46.7M |
| Q2 2021 | 39 | $49.9M |
| Q1 2021 | 35 | $46.8M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Total Return Securities Fund; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Allspring Global Investments Holdings, LLC | 2,127,310 | $13.2M | 0.02% | 00.0% | Unchanged |
| CSS LLC | 1,659,007 | $10.3M | 0.58% | +1,114,324+204.6% | Added |
| CF Capital LLC | 661,145 | $4.11M | 2.04% | +467,622+241.6% | Added |
| Matisse Capital | 610,000 | $3.79M | 1.70% | +3,000+0.5% | Added |
| Saba Capital Management, L.P. | 605,224 | $3.76M | 0.13% | +302,612+100.0% | Added |
| Icon Advisers Inc | 545,899 | $3.40M | 0.73% | +545,899 | New |
| Rivernorth Capital Management, LLC | 437,018 | $2.72M | 0.13% | +58,381+15.4% | Added |
| Evolve Private Wealth, LLC | 217,896 | $1.36M | 0.08% | +217,896 | New |
| Yakira Capital Management, Inc. | 192,016 | $1.19M | 0.40% | 00.0% | Unchanged |
| Bulldog Investors, LLP | 161,903 | $1.01M | 0.22% | +55,001+51.4% | Added |
| Gardner Russo & Quinn LLCSuperinvestorGardner Russo & Quinn | 146,284 | $909.9K | 0.01% | −287,953−66.3% | Reduced |
| Shaker Financial Services, LLC | 136,198 | $847.2K | 0.27% | −162,664−54.4% | Reduced |
| Uncommon Cents Investing LLC | 123,955 | $771.0K | 0.19% | 00.0% | Unchanged |
| Noble Wealth Management PBC | 101,924 | $634.0K | 0.32% | +47,712+88.0% | Added |
| Sit Investment Associates Inc | 101,837 | $633.0K | 0.01% | +101,537+33,845.7% | Added |
| Commonwealth Equity Services, LLC | 82,461 | $512.9K | 0.00% | −40,333−32.8% | Reduced |
| Blue Bell Private Wealth Management, LLC | 64,513 | $401.3K | 0.06% | −128,190−66.5% | Reduced |
| Private Management Group Inc | 10,545 | $302.8K | 0.01% | 00.0% | Unchanged |
| Morgan Stanley | 42,272 | $262.9K | 0.00% | −10,879−20.5% | Reduced |
| Nixon Peabody Trust Co | 42,024 | $261.4K | 0.02% | +42,024 | New |
| Almitas Capital LLC | 36,781 | $228.8K | 0.05% | +36,781 | New |
| Gamco Investors, Inc. Et Al | 32,096 | $199.6K | 0.00% | +16,048+100.0% | Added |
| Logan Stone Capital, LLC | 27,811 | $173.0K | 0.04% | +27,811 | New |
| UBS Group AG | 21,074 | $131.1K | 0.00% | +6,912+48.8% | Added |
| Kestra Advisory Services, LLC | 18,819 | $117.1K | 0.00% | 00.0% | Unchanged |
| TrueMark Investments, LLC | 15,276 | $95.0K | 0.02% | +15,276 | New |
| Capital Investment Counsel, Inc | 14,961 | $93.1K | 0.01% | +14,961 | New |
| B&L Asset Management LLC | 14,458 | $89.9K | 0.04% | −10.0% | Reduced |
| Raymond James Financial Inc | 13,940 | $86.7K | 0.00% | +90+0.6% | Added |
| Advisor Group Holdings, Inc. | 12,437 | $77.3K | 0.00% | +7,531+153.5% | Added |
| Integris Wealth Management, LLC | 12,001 | $74.7K | 0.02% | 00.0% | Unchanged |
| Wells Fargo & Company | 10,565 | $65.7K | 0.00% | +730+7.4% | Added |
| Marex Group plc | 10,000 | $62.2K | 0.00% | +10,000 | New |
| SageView Advisory Group, LLC | 4,700 | $29.2K | 0.00% | +4,700 | New |
| Winmill & Co. Inc | 3,370 | $21.1K | 0.01% | +100+3.1% | Added |
| Bank of America Corp | 2,790 | $17.4K | 0.00% | −2,592−48.2% | Reduced |
| JPMorgan Chase & Co | 2,581 | $16.1K | 0.00% | −2,581−50.0% | Reduced |
| Ancora Advisors, LLC | 1,068 | $6.64K | 0.00% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 951 | $5.92K | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 249 | $2.00K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 24 | $149 | 0.00% | −3,694−99.4% | Reduced |
| Karpus Management, Inc. | 0 | $0 | 0.00% | −206,753−100.0% | Sold out |
| Uhlmann Price Securities, LLC | 0 | $0 | 0.00% | −111,654−100.0% | Sold out |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −87,500−100.0% | Sold out |
| Alpine Global Management, LLC | 0 | $0 | 0.00% | −87,500−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −75,080−100.0% | Sold out |
| Delta Capital Management LLC | 0 | $0 | 0.00% | −33,363−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −19,315−100.0% | Sold out |
| Guggenheim Capital LLC | 0 | $0 | 0.00% | −10,954−100.0% | Sold out |
| Federation des caisses Desjardins du Quebec | 0 | $0 | 0.00% | −1,829−100.0% | Sold out |
| CWM, LLC | 0 | $0 | 0.00% | −835−100.0% | Sold out |