# Shaker Financial Services, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1511794. Source: https://holderbook.com/funds/1511794-shaker-financial-services-llc/

- Reported value: $319.2M
- Positions: 148
- Weight of the ten largest: 26.9%
- Filed: 2026-07-15

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| GABELLI EQUITY TR INC | [GAB](https://holderbook.com/stocks/GAB/) | $11.7M | 2,073,169 | 3.7% | 1 |
| ROYCE SMALL CAP TRUST INC | [RVT](https://holderbook.com/stocks/RVT/) | $11.2M | 605,745 | 3.5% | 16 |
| LIBERTY ALL STAR EQUITY FD | [USA](https://holderbook.com/stocks/USA/) | $9.6M | 1,646,776 | 3.0% | 9 |
| SPECIAL OPPORTUNITIES FD INC | [SPE](https://holderbook.com/stocks/SPE/) | $9.0M | 664,992 | 2.8% | 16 |
| NUVEEN CORE EQUITY ALPHA FD | [JCE](https://holderbook.com/stocks/JCE/) | $8.7M | 519,128 | 2.7% | 14 |
| LIBERTY ALL-STAR GROWTH FD I | [ASG](https://holderbook.com/stocks/ASG/) | $8.4M | 1,527,646 | 2.6% | 16 |
| FIRST TR ENHANCED EQUITY | [FFA](https://holderbook.com/stocks/FFA/) | $7.4M | 328,741 | 2.3% | 17 |
| SOURCE CAPITAL | [SOR](https://holderbook.com/stocks/SOR/) | $7.1M | 153,966 | 2.2% | 6 |
| EATON VANCE TAX MNGED BUY WR | [ETB](https://holderbook.com/stocks/ETB/) | $6.8M | 437,829 | 2.1% | 14 |
| EATON VANCE ENHANCED EQUITY | [EOI](https://holderbook.com/stocks/EOI/) | $6.1M | 309,881 | 1.9% | 1 |
| EUROPEAN EQUITY FD INC | [EEA](https://holderbook.com/stocks/EEA/) | $5.5M | 500,778 | 1.7% | 31 |
| SRH TOTAL RETURN FUND INC | [STEW](https://holderbook.com/stocks/STEW/) | $5.3M | 298,716 | 1.7% | 31 |
| EATON VANCE ENHANCED EQUITY | [EOS](https://holderbook.com/stocks/EOS/) | $5.3M | 238,696 | 1.6% | 14 |
| LMP CAP & INCOME FD INC | [SCD](https://holderbook.com/stocks/SCD/) | $5.2M | 333,414 | 1.6% | 1 |
| GENERAL AMERN INVS CO INC | [GAM](https://holderbook.com/stocks/GAM/) | $5.2M | 81,300 | 1.6% | 3 |
| NUVEEN S&P 500 DYNAMIC OVERW | [SPXX](https://holderbook.com/stocks/SPXX/) | $5.0M | 257,328 | 1.6% | 2 |
| SABA CAPITAL INCOME & OPPORT | [SABA](https://holderbook.com/stocks/SABA/) | $4.9M | 590,213 | 1.5% | 8 |
| GABELLI DIVID & INCOME TR | [GDV](https://holderbook.com/stocks/GDV/) | $4.8M | 164,020 | 1.5% | 4 |
| TAIWAN FD INC | [TWN](https://holderbook.com/stocks/TWN/) | $4.3M | 44,603 | 1.3% | 24 |
| ROYCE MICRO-CAP TR INC | [RMT](https://holderbook.com/stocks/RMT/) | $4.2M | 287,837 | 1.3% | 31 |
| PGIM GLOBAL HIGH YIELD FD FO | [GHY](https://holderbook.com/stocks/GHY/) | $4.1M | 335,881 | 1.3% | 4 |
| DOUBLELINE INCOME SOLUTIONS | [DSL](https://holderbook.com/stocks/DSL/) | $3.9M | 355,669 | 1.2% | 12 |
| HIGHLAND GLOBAL ALLOCATION F | [HGLB](https://holderbook.com/stocks/HGLB/) | $3.9M | 520,207 | 1.2% | 3 |
| ALLSPRING INCOME OPPORTUNIT | [EAD](https://holderbook.com/stocks/EAD/) | $3.9M | 595,858 | 1.2% | 27 |
| BLACKROCK LTD DURATION INCOM | [BLW](https://holderbook.com/stocks/BLW/) | $3.8M | 301,450 | 1.2% | 2 |
| BRANDYWINEGBL GBL INCM OPP F | [BWG](https://holderbook.com/stocks/BWG/) | $3.8M | 473,763 | 1.2% | 14 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $3.7M | 52,403 | 1.2% | 1 |
| CALAMOS GBL DYN INCOME FUND | [CHW](https://holderbook.com/stocks/CHW/) | $3.7M | 412,262 | 1.2% | 16 |
| WESTERN ASSET HIGH YIELD OPP | [HYI](https://holderbook.com/stocks/HYI/) | $3.5M | 329,087 | 1.1% | 12 |
| PIMCO GLOBAL STOCKPLUS INCOM | [PGP](https://holderbook.com/stocks/PGP/) | $3.4M | 388,461 | 1.1% | 12 |
| CALAMOS STRATEGIC TOTAL RETU | [CSQ](https://holderbook.com/stocks/CSQ/) | $3.4M | 163,703 | 1.1% | 11 |
| PIMCO INCOME STRATEGY FD II | [PFN](https://holderbook.com/stocks/PFN/) | $3.3M | 464,551 | 1.0% | 3 |
| ALLSPRING MULTI SECTOR INCOM | [ERC](https://holderbook.com/stocks/ERC/) | $3.3M | 354,984 | 1.0% | 14 |
| ABERDEEN MULTI-MARKET INCOME | [MMT](https://holderbook.com/stocks/MMT/) | $3.3M | 746,733 | 1.0% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.2M | 4,290 | 1.0% | 10 |
| MORGAN STANLEY EMKT DBT FD I | [MSD](https://holderbook.com/stocks/MSD/) | $3.2M | 428,074 | 1.0% | 4 |
| WESTERN ASSET GBL HIGH INC F | [EHI](https://holderbook.com/stocks/EHI/) | $3.1M | 527,904 | 1.0% | 12 |
| DOUBLELINE OPPORTUNISTIC CR | [DBL](https://holderbook.com/stocks/DBL/) | $3.0M | 210,544 | 0.9% | 2 |
| ALLIANCEBERNSTEIN GLOBAL HIG | [AWF](https://holderbook.com/stocks/AWF/) | $3.0M | 286,994 | 0.9% | 7 |
| VOYA ASIA PAC HIGH DIV EQT I | [IAE](https://holderbook.com/stocks/IAE/) | $2.9M | 308,151 | 0.9% | 24 |
| EATON VANCE TAX-ADVANTAGED G | [ETO](https://holderbook.com/stocks/ETO/) | $2.8M | 92,148 | 0.9% | 10 |
| BARINGS GLOBAL SHORT DURATIO | [BGH](https://holderbook.com/stocks/BGH/) | $2.7M | 188,748 | 0.8% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.6M | 3,808 | 0.8% | 2 |
| ROYCE GLOBAL TRUST INC | [RGT](https://holderbook.com/stocks/RGT/) | $2.6M | 182,508 | 0.8% | 22 |
| EATON VANCE TAX-MANAGED GLOB | [ETW](https://holderbook.com/stocks/ETW/) | $2.5M | 259,227 | 0.8% | 17 |
| CALAMOS GLOBAL TOTAL RETURN | [CGO](https://holderbook.com/stocks/CGO/) | $2.4M | 177,106 | 0.8% | 7 |
| CALAMOS LNG SHR EQT DYNAMIC | [CPZ](https://holderbook.com/stocks/CPZ/) | $2.4M | 184,023 | 0.8% | 3 |
| XAI MADISON EQUITY PREMIUM I | [MCN](https://holderbook.com/stocks/MCN/) | $2.4M | 425,590 | 0.7% | 7 |
| PIMCO INCOME STRATEGY FD | [PFL](https://holderbook.com/stocks/PFL/) | $2.3M | 295,080 | 0.7% | 2 |
| WESTERN ASSET HIGH INCOME OP | [HIO](https://holderbook.com/stocks/HIO/) | $2.3M | 642,498 | 0.7% | 5 |
| TOTAL RETURN SECURITIES FUND | [SWZ](https://holderbook.com/stocks/SWZ/) | $2.3M | 393,170 | 0.7% | 29 |
| EATON VANCE TAX-MANAGED DIVE | [ETY](https://holderbook.com/stocks/ETY/) | $2.3M | 158,702 | 0.7% | 3 |
| ABRDN INCOME CREDIT STRATEGI | [ACP](https://holderbook.com/stocks/ACP/) | $2.3M | 441,267 | 0.7% | 8 |
| BLACKROCK ENHANCED EQUITY DI | [BDJ](https://holderbook.com/stocks/BDJ/) | $2.3M | 238,938 | 0.7% | 14 |
| DOUBLELINE YIELD OPPORTUNITI | [DLY](https://holderbook.com/stocks/DLY/) | $2.2M | 157,923 | 0.7% | 5 |
| EATON VANCE LIMITED DURATION | [EVV](https://holderbook.com/stocks/EVV/) | $2.2M | 232,722 | 0.7% | 16 |
| CREDIT SUISSE ASSET MGMT | [CIK](https://holderbook.com/stocks/CIK/) | $2.2M | 867,755 | 0.7% | 7 |
| CALAMOS CONV & HIGH INCOME F | [CHY](https://holderbook.com/stocks/CHY/) | $2.1M | 157,254 | 0.7% | 2 |
| PGIM HIGH YIELD BOND FUND IN | [ISD](https://holderbook.com/stocks/ISD/) | $2.1M | 160,858 | 0.7% | 2 |
| EATON VANCE TX ADV GLBL DIV | [ETG](https://holderbook.com/stocks/ETG/) | $2.1M | 89,127 | 0.7% | 19 |
| VOYA GLBL ADV & PREM OPP FD | [IGA](https://holderbook.com/stocks/IGA/) | $2.1M | 208,936 | 0.6% | 4 |
| TEMPLETON EMERGING MKTS INCO | [TEI](https://holderbook.com/stocks/TEI/) | $2.0M | 300,664 | 0.6% | 5 |
| COHEN & STEERS SELECT PFD & | [PSF](https://holderbook.com/stocks/PSF/) | $2.0M | 98,818 | 0.6% | 10 |
| TEMPLETON DRAGON FD INC | [TDF](https://holderbook.com/stocks/TDF/) | $2.0M | 181,701 | 0.6% | 31 |
| KKR INCOME OPPORTUNITIES FD | [KIO](https://holderbook.com/stocks/KIO/) | $2.0M | 175,575 | 0.6% | 6 |
| BLACKROCK ENHANCED GLOBAL | [BOE](https://holderbook.com/stocks/BOE/) | $1.9M | 157,824 | 0.6% | 11 |
| COHEN & STEERS TAX ADVAN PFD | [PTA](https://holderbook.com/stocks/PTA/) | $1.9M | 97,919 | 0.6% | 10 |
| HANCOCK JOHN INVS TR | [JHI](https://holderbook.com/stocks/JHI/) | $1.7M | 131,272 | 0.5% | 15 |
| EATON VANCE RISK-MANAGED DIV | [ETJ](https://holderbook.com/stocks/ETJ/) | $1.7M | 206,902 | 0.5% | 12 |
| VIRTUS GLOBAL MULTI-SECTOR I | [VGI](https://holderbook.com/stocks/VGI/) | $1.6M | 214,646 | 0.5% | 27 |
| FRANKLIN LTD DURATION INCOME | [FTF](https://holderbook.com/stocks/FTF/) | $1.6M | 271,335 | 0.5% | 19 |
| ABRDN EMERGING MARKETS EX CH | [AEF](https://holderbook.com/stocks/AEF/) | $1.6M | 163,459 | 0.5% | 22 |
| WESTERN ASSET HIGH INCOM FD | [HIX](https://holderbook.com/stocks/HIX/) | $1.6M | 392,761 | 0.5% | 9 |
| CENTRAL SECS CORP | [CET](https://holderbook.com/stocks/CET/) | $1.4M | 26,884 | 0.4% | 31 |
| NUVEEN NASDAQ 100 DYNAMIC OV | [QQQX](https://holderbook.com/stocks/QQQX/) | $1.4M | 45,069 | 0.4% | 1 |
| TEKLA HEALTHCARE OPPORTUNITI | [THQ](https://holderbook.com/stocks/THQ/) | $1.3M | 70,493 | 0.4% | 2 |
| KOREA FD INC | [KF](https://holderbook.com/stocks/KF/) | $1.3M | 17,500 | 0.4% | 4 |
| ARES DYNAMIC CR ALLOCATION F | [ARDC](https://holderbook.com/stocks/ARDC/) | $1.3M | 103,541 | 0.4% | 3 |
| CLOUGH GLOBAL OPPORTUNITIES | [GLO](https://holderbook.com/stocks/GLO/) | $1.3M | 208,507 | 0.4% | 4 |
| SPROTT FOCUS TR INC | [FUND](https://holderbook.com/stocks/FUND/) | $1.2M | 126,728 | 0.4% | 31 |
| NEUBERGER R/EST SECS INC FD | [NRO](https://holderbook.com/stocks/NRO/) | $1.2M | 381,877 | 0.4% | 4 |
| PIMCO DYNAMIC INCOME OPRNTS | [PDO](https://holderbook.com/stocks/PDO/) | $1.1M | 85,176 | 0.4% | 2 |
| JAPAN SMALLER CAPITALIZATION | [JOF](https://holderbook.com/stocks/JOF/) | $1.1M | 93,079 | 0.3% | 25 |
| CALAMOS DYNAMIC CONV & INCOM | [CCD](https://holderbook.com/stocks/CCD/) | $1.0M | 39,424 | 0.3% | 1 |
| BLACKROCK MULTI SECTOR INC T | [BIT](https://holderbook.com/stocks/BIT/) | $1.0M | 80,816 | 0.3% | 3 |
| PERSHING SQUARE USA LTD | [PSUS](https://holderbook.com/stocks/PSUS/) | $1.0M | 26,880 | 0.3% | 1 |
| PIMCO HIGH INCOME FD | [PHK](https://holderbook.com/stocks/PHK/) | $944.9K | 200,104 | 0.3% | 2 |
| MEXICO EQUITY & INCOME FD | [MXE](https://holderbook.com/stocks/MXE/) | $910.4K | 69,997 | 0.3% | 17 |
| PGIM SHORT DUR HIG YLD OPP F | [SDHY](https://holderbook.com/stocks/SDHY/) | $899.5K | 54,881 | 0.3% | 14 |
| HANCOCK JOHN FINL OPPTYS | [BTO](https://holderbook.com/stocks/BTO/) | $897.0K | 22,755 | 0.3% | 1 |
| MORGAN STANLEY CHINA A SH FD | [CAF](https://holderbook.com/stocks/CAF/) | $884.3K | 42,030 | 0.3% | 1 |
| EATON VANCE TAX-MANAGED GLOB | [EXG](https://holderbook.com/stocks/EXG/) | $859.3K | 87,594 | 0.3% | 5 |
| COLUMBIA SELIGM PREM TECH GR | [STK](https://holderbook.com/stocks/STK/) | $850.3K | 15,785 | 0.3% | 9 |
| BLACKROCK ENHANCED INTL DIV | [BGY](https://holderbook.com/stocks/BGY/) | $830.3K | 144,643 | 0.3% | 23 |
| COHEN & STEERS LTD DURATION | [LDP](https://holderbook.com/stocks/LDP/) | $774.7K | 36,611 | 0.2% | 17 |
| NUVEEN GLOBAL HIGH INCOME FD | [JGH](https://holderbook.com/stocks/JGH/) | $762.6K | 59,775 | 0.2% | 9 |
| COHEN & STEERS QUALITY INCOM | [RQI](https://holderbook.com/stocks/RQI/) | $753.3K | 61,196 | 0.2% | 1 |
| WSTRN AST GLBL CORP OPP FD I | [GDO](https://holderbook.com/stocks/GDO/) | $742.9K | 69,235 | 0.2% | 7 |
| PUTNAM MASTER INTER INCOME T | [PIM](https://holderbook.com/stocks/PIM/) | $709.8K | 219,756 | 0.2% | 1 |
| EATON VANCE SHORT DURATION D | [EVG](https://holderbook.com/stocks/EVG/) | $689.3K | 63,944 | 0.2% | 13 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.2% | +14.8% | -5.6% | 99% |
| Q1 2026 | -4.0% | -4.6% | +0.6% | 98% |
| Q4 2025 | -0.7% | +2.4% | -3.1% | 99% |
| Q3 2025 | +3.6% | +7.8% | -4.2% | 102% |
| Q2 2025 | +6.0% | +10.5% | -4.4% | 100% |
| Q1 2025 | -1.0% | -4.6% | +3.5% | 99% |
| Q4 2024 | -2.6% | +2.1% | -4.8% | 100% |
| Q3 2024 | +5.5% | +5.4% | +0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $319.2M | 148 |
| Q1 2026 | $286.9M | 145 |
| Q4 2025 | $315.5M | 165 |
| Q3 2025 | $291.6M | 148 |
| Q2 2025 | $275.8M | 147 |
| Q1 2025 | $256.9M | 153 |
| Q4 2024 | $261.0M | 176 |
| Q3 2024 | $265.3M | 157 |
| Q2 2024 | $247.3M | 157 |
| Q1 2024 | $258.4M | 157 |
| Q4 2023 | $243.6M | 152 |
| Q3 2023 | $214.6M | 155 |