Q2 2026 13F · SEC CIK 1509510

Thomas J. Herzfeld Advisors, Inc.

Hedge fundFiled 2026-08-10 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $325.8M
Reported positions: 129
Top holdings a year, 3 yrs: -0.8%
Assets under management: $890.4M

Thomas J. Herzfeld Advisors, Inc. is a hedge fund that reported 129 positions worth $325.8M in its Q2 2026 13F, filed 2026-08-10. Its largest holdings were Fs Specialty Lending Fd Com Sh Ben Int (FSSL, 9.9%), PIMCO Dynamic Income Strategy Fund (PDX, 7.0%), Fs Credit Opportunities Corp Common Stoc (FSCO, 6.0%). A portfolio copying its top holdings returned -0.8% a year over the last 3 years, against 20.4% for the S&P 500.

Thomas J. Herzfeld Advisors, Inc. holdings largest 50 of 129 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. 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.

Thomas J. Herzfeld Advisors, Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
FSSLFs Specialty Lending Fd Com Sh Ben Int	9.9%	11.9%	2,900,663	+3.3%	$32.3M
PDXPIMCO Dynamic Income Strategy Fund	7.0%	9.4%	1,095,075	-12.6%	$22.8M
FSCOFs Credit Opportunities Corp Common Stoc	6.0%	6.4%	3,921,573	+6.6%	$19.6M
HFROHighland Opps & Income Fd	5.9%	5.3%	2,676,474	-1.4%	$19.1M
GOFGuggenheim Strategic Opportu	4.5%	3.8%	1,336,680	+31.6%	$14.6M
HERZHerzfeld Credit Income Fund, Inc.	4.3%	4.3%	817,534	+1.3%	$14.1M
71531T105Pershing Square USA Ltd Com Shs	3.3%	—	285,421	—	$10.7M
BRWSaba Capital Income & Oprnt	3.1%	3.2%	1,544,694	+9.0%	$10.1M
NSLRSuro Capital Corp	3.0%	—	788,403	—	$9.9M
EICEagle Pointe Income Company	2.8%	1.3%	897,140	+127.7%	$9.0M
JFRNuveen Float Rate Inc Fd	2.6%	1.8%	1,111,921	+55.9%	$8.5M
SABASaba Capital Income & Opport	2.3%	2.2%	891,603	+15.1%	$7.4M
STKColumbia Seligm Prem Tech Gr	2.1%	0.9%	129,150	+95.0%	$7.0M
PDIPimco Dynamic Income Fd Shs	2.0%	0.9%	388,727	+151.0%	$6.5M
DPGDuff & Phelps Utlity and Inf	1.6%	1.9%	360,644	-7.9%	$5.4M
BSTZBlackrock Science & Technology Shs Ben I	1.5%	0.6%	166,033	+100.8%	$5.0M
RABrookfield Real Assets Income Shs Ben in	1.5%	1.5%	369,085	+8.4%	$4.8M
BTXBlackrock Tech and Private Equ Shs Ben I	1.4%	0.6%	515,402	+83.6%	$4.7M
TWNTaiwan Fund Inc	1.4%	0.9%	47,520	+14.5%	$4.6M
PAXSPimco Access Income Fund Shs Benfin Int	1.4%	2.2%	311,965	-29.1%	$4.5M
TYGTortoise Energy Infrstrctr C	1.3%	—	100,275	—	$4.3M
BPREBluerock Pvt Real Estate Fd Com	1.2%	2.0%	303,336	-16.3%	$3.9M
KYNKayne Anderson Energy Infrst	1.2%	1.1%	276,097	+17.9%	$3.8M
KFThe Korea Fund Inc	1.2%	—	49,834	—	$3.7M
EMOClearbridge Energy Midstream	1.1%	1.1%	73,130	+23.9%	$3.7M
NMLNeuberger Engy Infrstr & Inc	1.1%	1.2%	352,764	+9.0%	$3.6M
BGRBlackrock Energy & Res Tr	1.1%	1.1%	238,075	+31.4%	$3.5M
XFLTXAI Octagn Flt Rat & Alt Inm	1.1%	—	198,688	—	$3.5M
ASAAsa Gold and Precious Mtls Lmt Shs	1.1%	2.7%	66,761	-47.0%	$3.5M
SZCNXG NextGen Intrastruacture Inc Fund	1.1%	—	53,297	—	$3.4M
CHYCalamos Convertible & High Inc	1.0%	—	245,638	—	$3.3M
RFMZRivernorth Flexible Mun Income Fund II,	1.0%	1.0%	243,641	+6.1%	$3.3M
NCZVirtus Convertible & Inc Fd	1.0%	—	205,874	—	$3.3M
NCVVirtus Convertible & Income	1.0%	—	185,909	—	$3.3M
PTYPimco Corporate & Income Oppor Com	0.9%	1.0%	252,532	+1.0%	$3.0M
LDPCohen & Steers Ltd Duration	0.9%	0.7%	137,739	+32.7%	$2.9M
FINSAngel Oak Finl Strategies Incm Com Ben I	0.9%	0.8%	222,390	+15.0%	$2.8M
BCXBlackrock Res & Commodities	0.8%	0.9%	238,622	+10.1%	$2.7M
GHYPGIM Global Short Duration High Yield Fu	0.8%	—	215,331	—	$2.6M
BTZBlackrock Cr Allocation	0.8%	—	245,318	—	$2.5M
SDHYPGIM Short Dur Hig yld Opp F	0.7%	0.6%	138,168	+21.7%	$2.3M
GAMGeneral Amern Invs Co Inc Com	0.6%	0.6%	31,935	-2.2%	$2.0M
MEGINyli Cbre Gbl Infr Megtrnds	0.6%	0.7%	129,641	-0.8%	$2.0M
MFMMFS Municipal Income Trust	0.6%	—	345,429	—	$1.9M
BGXBlackstone / GSO Long-Short Credit Incom	0.6%	—	177,105	—	$1.9M
ARDCAres Dynamic Cr Allocation Fund	0.6%	—	150,623	—	$1.9M
TBLDThornburg Incm Builder Opp T	0.5%	0.5%	80,479	+15.8%	$1.8M
PCQPimco Calif Mun Income Fd	0.5%	—	185,469	—	$1.7M
PNIPimco New York Municipal Income Fund II	0.5%	—	231,370	—	$1.6M
CEFSExchange Listed Fds Tr	0.5%	0.5%	62,053	-4.0%	$1.6M

What Thomas J. Herzfeld Advisors, Inc. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: -9.5% /yr; S&P 500 +20.1%
3 years: -0.8% /yr; S&P 500 +20.4%
5 years: -4.1% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 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.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$325.8M	129
Q1 2026	$294.0M	115
Q4 2025	$295.6M	107
Q3 2025	$291.7M	104
Q2 2025	$280.4M	108
Q1 2025	$294.0M	128
Q4 2024	$312.1M	147
Q3 2024	$300.3M	155
Q2 2024	$285.1M	238
Q1 2024	$282.8M	151
Q4 2023	$272.4M	155
Q3 2023	$258.9M	336

Questions about Thomas J. Herzfeld Advisors, Inc.'s portfolio

What stocks does Thomas J. Herzfeld Advisors, Inc. own?

Thomas J. Herzfeld Advisors, Inc.'s latest 13F, for Q2 2026 and filed Aug 10, 2026, lists 129 positions worth $325.8M. The largest are Fs Specialty Lending Fd Com Sh Ben Int (FSSL) at 9.9%, PIMCO Dynamic Income Strategy Fund (PDX) at 7.0%, Fs Credit Opportunities Corp Common Stoc (FSCO) at 6.0%, Highland Opps & Income Fd (HFRO) at 5.9% and Guggenheim Strategic Opportu (GOF) at 4.5%.

What did Thomas J. Herzfeld Advisors, Inc. buy last quarter?

In Q2 2026, Thomas J. Herzfeld Advisors, Inc. added Pimco Dynamic Income Fd Shs (PDI) (+151.0% shares), Eagle Pointe Income Company (EIC) (+127.7% shares) and Blackrock Science & Technology Shs Ben I (BSTZ) (+100.8% shares), compared with its Q1 2026 filing.

What did Thomas J. Herzfeld Advisors, Inc. sell last quarter?

In Q2 2026, Thomas J. Herzfeld Advisors, Inc. cut from its top 50 ProShares TR (SJB), cut from its top 50 Proshares Ultrashort S&p500 (SDS), cut from its top 50 Simplify Interest Rate Hedge ETF (PFIX), cut from its top 50 Ishares Tr (TFLO), cut from its top 50 Direxion Shares ETF Trust (DUST), Asa Gold and Precious Mtls Lmt Shs (ASA) (-47.0% shares), Pimco Access Income Fund Shs Benfin Int (PAXS) (-29.1% shares) and Bluerock Pvt Real Estate Fd Com (BPRE) (-16.3% shares), compared with its Q1 2026 filing.

How has Thomas J. Herzfeld Advisors, Inc.'s portfolio performed?

A portfolio copying Thomas J. Herzfeld Advisors, Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned -0.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: -9.5% against +20.1%. Over 5 years: -4.1% a year against +11.6%.

When is Thomas J. Herzfeld Advisors, Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Thomas J. Herzfeld Advisors, Inc.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Thomas J. Herzfeld Advisors, Inc. manage?

Thomas J. Herzfeld Advisors, Inc. reported $890.4M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $325.8M.