BTS Asset Management, Inc.
BTS Asset Management, Inc. is an SEC-registered investment adviser headquartered in Lincoln, Massachusetts. Founded in 1979, BTS is one of the oldest fixed income risk managers in the U.S. The firm manages traditional assets with a nontraditional approach, focusing on risk management in both equity and fixed income markets. As of mid-2025, BTS manages approximately $188.8 million in regulatory assets for a mixed client base of individuals and investment companies, and employs roughly 17-19 people.
Investment Strategy
BTS Asset Management specializes in fixed income risk management by employing nontraditional approaches to asset management. The firm is known for actively managing portfolios to mitigate downside risk while seeking consistent returns in changing market conditions. Its strategies typically involve tactical asset allocation and dynamic risk management across fixed income and equity securities, prioritizing capital preservation and low-volatility outcomes for clients.
Latest 13F Filing Activity
BTS Asset Management, Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 34 equity positions with a total 13F market value of $83M. The fund increased holdings in Ishares Broad Usd High Yield Corporate Bond Etf Usd Class, Invesco S&P 500 High Dividend Low Volatility Etf, Global X Superdividend Etf among other positions. BTS Asset Management, Inc. reduced exposure to SPDR Bloomberg High Yield Bond Etf, Ishares 7-10 Year Treasury Bond Etf, Xtrackers Usd High Yield Corporate Bond Etf Usd Class among others.
Top Holdings
Equity Positions (34)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
H HYLB | Xtrackers USD High Yield Corporate Bond ETF USD Class | 36.61% | $30.4M | 823,411 | $34.66 | $36.92 | -$8.0M |
U USHY | iShares Broad USD High Yield Corporate Bond ETF USD Class | 36.38% | $30.2M | 805,427 | $37.51 | $37.51 | +$22.3M |
S SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | 12.27% | $10.2M | 214,253 | $47.56 | $47.56 | +$10.2M |
T TFLO | iShares Treasury Floating Rate Bond ETF | 1.09% | $905.7K | 17,881 | $50.54 | $50.65 | -$47.1K |
S SDIV | Global X SuperDividend ETF | 0.73% | $604.4K | 26,802 | $22.55 | $22.55 | +$604.4K |