EMG Holdings, L.P. holds a focused book of 18 stocks worth $68.1M as of Q1 2026 (disclosed May 19, 2026, a ~45-day 13F lag). This quarter they opened KB HOME and trimmed MFA FINANCIAL INC. Their largest long position is ELLINGTON FINANCIAL INC at 17% of the equity book. They also disclosed $72.4M in put options (a bearish bet) and $256.1M in call options (bullish), shown separately below and excluded from the equity book.
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curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1478394/holdings"
Use Arkolith to show EMG Holdings, L.P.'s latest holdings, largest changes, and filing provenance.
Top-heavy: focused book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
55% mapped to company sectors
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices, no cost basis
Bars show each stock's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Ellington Financial Inc COM | $11.4M | 961.0K | 16.7% | —Held | |
| 2 | Mfa Finl Inc COM | $6.1M | 638.5K | 9.0% | ▼−11% Reduced · −81K sh | |
| 3 | M/i Homes Inc COM | $5.8M | 47.7K | 8.6% | ▲+73% Added · +20K sh | |
| 4 | Pennymac Finl Svcs Inc New COM | $5.7M | 65.7K | 8.4% | ▲+229% Added · +46K sh | |
| 5 | Camden Ppty TR SH BEN INT | $5.4M | 55.2K | 7.9% | ▲+43% Added · +16K sh | |
| 6 | Dynex Cap Inc COM | $4.4M | 345.0K | 6.5% | ▲Added Added · +345K sh | |
| 7 | Mid-Amer Apt Cmntys Inc COM | $4.2M | 34.8K | 6.2% | ▲+40% Added · +10K sh | |
| 8 | KB Home COM | $4.0M | 77.7K | 5.9% | ▲New New position | |
| 9 | Fortune Brands Innovations I COM | $3.9M | 100.0K | 5.7% | ▲New New position | |
| 10 | Essent Group Ltd COM | $3.5M | 60.0K | 5.1% | ▲New New position | |
| 11 | Century Communities Inc COM | $3.2M | 56.3K | 4.7% | ▲+307% Added · +42K sh | |
| 12 | Rithm Capital Corp COM NEW | $2.8M | 300.0K | 4.2% | ▲New New position | |
| 13 | Floor & Decor Hldgs Inc CL A | $2.0M | 40.0K | 3.0% | ▼−31% Reduced · −18K sh | |
| 14 | Compass Inc CL A | $1.9M | 257.0K | 2.8% | ▲Added Added · +257K sh | |
| 15 | NVR Inc COM | $1.8M | 273 | 2.6% | ▲+9.2% Added · +23 sh | |
| 16 | Ellington Credit Company COM SHS BEN INT | $660K | 149.1K | 1.0% | —Held | |
| 17 | Oportun Finl Corp COM | $642K | 139.2K | 0.9% | —Held | |
| 18 | Beeline Holdings Inc COM NEW | $460K | 195.8K | 0.7% | —Held |
Put / call positions from the 13F — totals include every disclosed option leg
| Type | Underlying | Notional value | Underlying shares |
|---|---|---|---|
| CALL · bullish | SS SPDR S&P 500 ETF TRUST-USSPY | $240.6M | 370K |
| PUT · bearish | SS SPDR S&P 500 ETF TRUST-USSPY | $26.0M | 40K |
| PUT · bearish | ISHARES RUSSELL 2000 ETFIWM | $24.8M | 100K |
| PUT · bearish | INVESCO EXCH TRADED FD TR II | $17.2M | 844K |
| CALL · bullish | RITHM CAPITAL CORPRITM | $9.5M | 1.0M |
| CALL · bullish | ISHARES U.S. HOME CONSTRUCTIITB | $4.5M | 50K |
| PUT · bearish | SSGA ACTIVE ETF TR | $3.4M | 85K |
| CALL · bullish | COMPASS INC | $1.5M | 200K |
| PUT · bearish | JANUS HENDERSON B-BBB CLO ETJBBB | $932K | 20K |
13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.
As-of date vs the date the SEC received each filing
| Quarter | As of | Filed | Positions | Value | Form |
|---|---|---|---|---|---|
| Q1 2026 | Mar 31, 2026 | May 19, 2026 | 27 | $396.6M | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 17, 2026 | 27 | $135.2M | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Nov 14, 2025 | 26 | $266.1M | 13F-HR |
| Q2 2025 | Jun 30, 2025 | Aug 12, 2025 | 22 | $136.5M | 13F-HR |
| Q1 2025 | Mar 31, 2025 | May 14, 2025 | 26 | $207.8M | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Feb 12, 2025 | 26 | $168.3M | 13F-HR |
| Q3 2024 | Sep 30, 2024 | Nov 12, 2024 | 30 | $190.7M | 13F-HR |
| Q2 2024 | Jun 30, 2024 | Aug 12, 2024 | 35 | $203.5M | 13F-HR |
| Q1 2024 | Mar 31, 2024 | May 15, 2024 | 37 | $537.5M | 13F-HR |
| Q4 2023 | Dec 31, 2023 | Feb 13, 2024 | 65 | $610.0M | 13F-HR |
| Q3 2023 | Sep 30, 2023 | Nov 13, 2023 | 62 | $459.5M | 13F-HR |
| Q2 2023 | Jun 30, 2023 | Aug 11, 2023 | 69 | $429.4M | 13F-HR |
| Q1 2023 | Mar 31, 2023 | May 12, 2023 | 71 | $956.7M | 13F-HR |
| Q4 2022 | Dec 31, 2022 | Feb 10, 2023 | 89 | $650.3M | 13F-HR |
| Q3 2022 | Sep 30, 2022 | Nov 9, 2022 | 150 | $780.4M | 13F-HR |
| Q2 2022 | Jun 30, 2022 | Aug 11, 2022 | 245 | $658.5M | 13F-HR |
| Q1 2022 | Mar 31, 2022 | May 13, 2022 | 300 | $1.2B | 13F-HR |
| Q4 2021 | Dec 31, 2021 | Feb 14, 2022 | 273 | $774.8M | 13F-HR |
| Q3 2021 | Sep 30, 2021 | Nov 15, 2021 | 199 | $896.8M | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.