| ABBVIE INC | Com | $424K | 0.1%Prev: 0.1% | 1,948 SH | Increased |
| ADIENT LTD | Com | $24K | 0.0%Prev: 0.0% | 1,193 SH | Increased |
| ADVANCED MICRO DEVICES INC | Com | $6.9M | 2.2%Prev: 0.7% | 33,936 SH | Increased |
| AFFILIATED MANAGERS GROUP INC-CALL | Pref | $1.8M | 0.6%Prev: 0.4% | 80,000 SH | Decreased |
| ALGONQUIN POWER & UTILITIES CORP | Pref | $5.2M | 1.7% | 200,000 SH | New |
| AMERICAN FINANCIAL GR INC OH-CALL | Pref | $487K | 0.2% | 30,000 SH | New |
| AMERICAN FINL GROUP INC OHIO-CALL | Pref | $902K | 0.3% | 50,000 SH | New |
| AMGEN INC | Com | $32.5M | 10.5%Prev: 6.0% | 92,500 SH | Increased |
| ARCH CAPITAL GROUP LTD | Pref | $663K | 0.2% | 40,000 SH | New |
| ARGONAUT GROUP STATUTORY TR - CALL | Pref | $12.0M | 3.9%Prev: 2.5% | 12,000 SH | |
| ASPEN INSURANCE HOLDINGS-CALL | Pref | $1.9M | 0.6%Prev: 0.4% | 80,000 SH | Decreased |
| ATLANTICUS HOLDINS CORP - CALL | Pref | $500K | 0.2%Prev: 0.1% | 20,000 SH | Increased |
| AXIS CAPITAL HOLDINGS-CALLABLE | Pref | $1.4M | 0.4%Prev: 0.3% | 70,000 SH | Decreased |
| B RILEY FINANCIAL INC - CALLABLE | Pref | $2.3M | 0.8%Prev: 0.3% | 140,000 SH | Increased |
| BANK OZK | Pref | $964K | 0.3%Prev: 0.2% | 60,000 SH | Decreased |
| BERKSHIRE HATHAWAY INC DEL CL A | Com | $718K | 0.2%Prev: 0.2% | 1 SH | Decreased |
| BROOKFIELD BRP HLDGS INC-CALLABLE | Pref | $484K | 0.2%Prev: 0.1% | 20,000 SH | Increased |
| CBL & ASSOC PPTYS INC | Com | $25K | 0.0%Prev: 0.0% | 658 SH | Increased |
| COREBRIDGE FINL INC-CALLABLE | Pref | $1.8M | 0.6%Prev: 0.4% | 80,000 SH | Decreased |
| CORNING INC | Com | $9.4M | 3.0%Prev: 3.5% | 368,350 SH | Decreased+1,000 SH |
| CORSA COAL CORP | Com | $2 | 0.0%Prev: 0.0% | 2,226,000 SH | Decreased |
| CUSTOMERS BANCORP INC | Pref | $900K | 0.3%Prev: 0.2% | 40,000 SH | Increased |
| DELPHI FINANCIAL GROUP - CALLABLE | Pref | $7.9M | 2.5%Prev: 1.7% | 328,790 SH | Decreased |
| EAGLE POINT CREDIT CO-CALLABLE | Pref | $2.8M | 0.9%Prev: 0.6% | 120,000 SH | Increased |
| EXXON MOBIL CORP | Com | $13.5M | 4.4%Prev: 2.0% | 79,600 SH | Increased |
| F&G ANNUITIES & LIFE INC - CALLABL | Pref | $2.4M | 0.8%Prev: 0.6% | 120,000 SH | Decreased |
| FIFTH THIRD BANCORP-CALLABLE | Pref | $523K | 0.2% | 20,000 SH | New |
| GE HEALTHCARE TECHNOLOGIES INC | Com | $359K | 0.1%Prev: 0.1% | 5,040 SH | Decreased |
| GE VERNOVA INC | Com | $3.3M | 1.1%Prev: 0.2% | 3,780 SH | Increased |
| GENERAL ELECTRIC CO | Com | $4.3M | 1.4%Prev: 0.6% | 15,125 SH | Increased |
| GLOBE LIFE INC - CALLABLE | Pref | $769K | 0.2% | 50,000 SH | New |
| HELIOS TECHNOLOGIES INC | Com | $19.4M | 6.3%Prev: 2.0% | 300,000 SH | Increased |
| HUDSON PACIFIC PROPERTIES INC-CALL | Pref | $727K | 0.2%Prev: 0.2% | 55,000 SH | Decreased |
| JOHNSON CTLS INTL PLC | Com | $1.6M | 0.5%Prev: 0.4% | 11,937 SH | Decreased-11,937 SH |
| KAISER ALUM CORP DEPOSITARY S CMN | Com | $8K | 0.0%Prev: 0.0% | 70 SH | Increased |
| KKR & CO INC | Pref | $4.1M | 1.3% | 180,000 SH | New |
| MERCER INTERNATIONAL INC SBI | Com | $24.5M | 7.9%Prev: 21.2% | 17,220,000 SH | Decreased+740,000 SH |
| NAM TAI G63907-10-2 PRIVATE | Com | $27.6M | 8.9%Prev: 6.4% | 5,336,452 SH | Decreased |
| NAM TAI PROPERTY INC | Com | $29.9M | 9.7%Prev: 6.9% | 5,774,800 SH | Decreased |
| NEWTEKONE INC-CALLABLE | Pref | $1.9M | 0.6% | 80,000 SH | New |
| OFFICE PPTYS INCOME TR | Pref | $10K | 0.0%Prev: 0.1% | 40,000 SH | Decreased |
| OXFORD LANE CAP CORP | Pref | $4.5M | 1.4%Prev: 0.9% | 180,000 SH | Decreased |
| PARTNERRE LTD - CALLABLE | Pref | $2.0M | 0.7%Prev: 0.2% | 120,000 SH | Increased+60,000 SH |
| PHI GROUP INC | Com | $1.2M | 0.4%Prev: 0.2% | 39,712 SH | Increased |
| PROCTER & GAMBLE CO | Com | $823K | 0.3%Prev: 0.2% | 5,700 SH | Decreased |
| PROSPECT CAP CORP | Pref | $480K | 0.2%Prev: 0.2% | 30,000 SH | Decreased-20,000 SH |
| RAMCO RES INC-CALLABLE | Pref | $2.0M | 0.6% | 80,000 SH | New |
| READY CAPITAL CORP | Pref | $379K | 0.1%Prev: 0.1% | 20,000 SH | Decreased |
| RIGHTS PRESURANCE HOLD-CONIFER | Com | $127K | 0.0% | 250,000 SH | New |
| SCE TR VIII-CALLABLE | Pref | $474K | 0.2%Prev: 0.1% | 20,000 SH | Increased |
| SCULLY ROYALTY LTD | Com | $26.7M | 8.6%Prev: 5.8% | 3,416,664 SH | Decreased |
| SLM CORP PFD SERIES B | Pref | $334K | 0.1%Prev: 0.1% | 4,500 SH | Decreased |
| SPECTRUM BRANDS HOLDINGS INC | Com | $943K | 0.3%Prev: 0.2% | 12,799 SH | Increased |
| SVB FINL TR | Pref | $4K | 0.0%Prev: 0.0% | 240,000 SH | Increased |
| TANSCANADA PIPELINE STR | Pref | $1.9M | 0.6% | 80,000 SH | New |
| TE CONNECTIVITY COM | Com | $2.6M | 0.8%Prev: 0.4% | 12,500 SH | Increased |
| TENNESSEE VALLEY AUTHORITY | Pref | $6.3M | 2.0%Prev: 1.3% | 260,000 SH | Increased |
| TENNESSEE VALLEY AUTHORITY PARRS | Pref | $2.9M | 0.9%Prev: 0.6% | 120,000 SH | Increased |
| TRITON INTL LTD-CALLABLE | Pref | $2.0M | 0.6%Prev: 0.4% | 80,000 SH | Decreased |
| UBER TECHNOLOGIES, INC | Com | $755K | 0.2%Prev: 1.9% | 10,500 SH | Decreased-115,500 SH |
| US BANCORP -CALLABLE | Pref | $1.0M | 0.3%Prev: 0.2% | 60,000 SH | Decreased |
| VAIL RESORTS INC. | Com | $10.8M | 3.5%Prev: 2.8% | 84,000 SH | Decreased |
| WESBANCO INC - CALLABLE | Pref | $3.3M | 1.1% | 130,000 SH | New |
| WINTRUST FINANCIAL CORP-CALL | Pref | $6.2M | 2.0% | 240,000 SH | New |
| XCEL ENERGY INC-CALLABLE | Pref | $4.9M | 1.6% | 200,000 SH | New |