Q1 2026 13F · SEC CIK 898417
Ppm America Inc/il
Investment managerFiled 2026-05-12 for Q1 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $16.6M
- Reported positions
- 5
- Top holdings a year, 3 yrs
- +11.4%
- Average holding period
- 2.6 yrs
Ppm America Inc/il is an investment manager that reported 5 positions worth $16.6M in its Q1 2026 13F, filed 2026-05-12. Its largest holdings were iShares Broad USD High Yield Corporate B (USHY, 39.0%), Mplx LP (MPLX, 30.0%), Sangoma Technologies (SANG, 15.7%). A portfolio copying its top holdings returned 11.4% a year over the last 3 years, against 22.3% for the S&P 500.
Ppm America Inc/il holdings all 5 positions.
Weights are shares of the filer's total reported 13F value, compared with Q3 2025. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| USHYiShares Broad USD High Yield Corporate B | 39.0% | -22.6% | $6.5M |
| MPLXMplx LP | 30.0% | +0.0% | $5.0M |
| SANGSangoma Technologies | 15.7% | +0.0% | $2.6M |
| CCOClear Channel Outdoor Hldgs | 10.1% | +0.0% | $1.7M |
| IHRTIheartmedia Inc - Class A | 5.2% | +0.0% | $866K |
What Ppm America Inc/il bought and sold in Q1 2026, against Q3 2025.
New positions
No new positions among the largest holdings.
Added to
No position grew by more than 5%.
Reduced
- USHY iShares Broad USD High Yield Corporate B-22.6% shares
Sold out
- ECHO EchoStar Corpwas 1.6%
Share counts compared with the Q3 2025 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +3.0% /yr
- S&P 500 +11.7%
- 3 years
- +11.4% /yr
- S&P 500 +22.3%
- 5 years
- -0.7% /yr
- S&P 500 +10.3%
A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Reported 13F value by quarter.
| Quarter | 13F value | Positions |
|---|---|---|
| Q1 2026 | $16.6M | 5 |
| Q3 2025 | $18.6M | 6 |
| Q1 2025 | $14.0M | 5 |
| Q4 2024 | $10.7M | 5 |
| Q3 2024 | $11.1M | 5 |
| Q2 2024 | $11.3M | 6 |
| Q1 2024 | $15.0M | 10 |
| Q4 2023 | $11.3M | 8 |
| Q3 2023 | $11.4M | 8 |
| Q2 2023 | $7.6M | 6 |
| Q1 2023 | $20.7M | 8 |
| Q4 2022 | $25.1M | 9 |
Questions about Ppm America Inc/il's portfolio
What stocks does Ppm America Inc/il own?
Ppm America Inc/il's latest 13F, for Q1 2026 and filed May 12, 2026, lists 5 positions worth $16.6M. The largest are iShares Broad USD High Yield Corporate B (USHY) at 39.0%, Mplx LP (MPLX) at 30.0%, Sangoma Technologies (SANG) at 15.7%, Clear Channel Outdoor Hldgs (CCO) at 10.1% and Iheartmedia Inc - Class A (IHRT) at 5.2%.
What did Ppm America Inc/il buy last quarter?
Ppm America Inc/il opened no new positions and grew none by more than 5% among its largest holdings in Q1 2026.
What did Ppm America Inc/il sell last quarter?
In Q1 2026, Ppm America Inc/il sold all of EchoStar Corp (ECHO) and iShares Broad USD High Yield Corporate B (USHY) (-22.6% shares), compared with its Q3 2025 filing.
How has Ppm America Inc/il's portfolio performed?
A portfolio copying Ppm America Inc/il's 20 largest 13F holdings each quarter, from the day each filing was public, returned +11.4% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: +3.0% against +11.7%. Over 5 years: -0.7% a year against +10.3%.
When is Ppm America Inc/il's next 13F filing due?
13F filings are due 45 days after each quarter ends. Ppm America Inc/il's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.