L & S Advisors Inc
Follow13F filer, CIK 1392364, Los Angeles, CA
L & S Advisors Inc reported $1,040,318,265 across 343 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-11-07. Its ten largest share positions make up 24.34% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001104659-25-108437
- Period
- 2025-09-30
- Reported value
- $1.04B
- Holdings
- 343
- Top 10 weight
- 24.34%
- New
- 51
- Sold out
- 47
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| GLDadded | +129,451 | $46M |
| GOOGLadded | +47,625 | $11.6M |
| DELLnew | +72,944 | $10.3M |
| BXadded | +58,791 | $10M |
| MUnew | +54,149 | $9.06M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SOXXreduced | -97,301 | -$26.4M |
| QQQreduced | -40,239 | -$24.2M |
| IGVexited | -211,041 | -$23.1M |
| SPYreduced | -28,002 | -$18.7M |
| Vreduced | -21,359 | -$7.29M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Back to all 215 share positions
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| United States of AmericaUnited States of America #N/A | principal | 5,335,000 | $5.32M | +1,000 |
| US TREASUR NT 250226UST NO…US TREASUR NT 250226UST NOTE … Treas | principal | 5,262,000 | $5.23M | 0 |
| US TREASU NT 4.125 06/26UST…US TREASU NT 4.125 06/26UST NOTE … NOT | principal | 4,428,000 | $4.44M | 0 |
| UNITED STATES TREAS BILLS 0…UNITED STATES TREAS BILLS 0.000 1… US Treasury | principal | 3,508,000 | $3.5M | new |
| IIP OPERATING PARTNERIIP OPERATING PARTNER 5.500 05/25/26 '26 | principal | 3,336,000 | $3.25M | +18,000 |
| US TREASUR NT 40226UST N…US TREASUR NT 40226UST NOTE … Treas | principal | 2,697,000 | $2.7M | 0 |
| UNITED STATES TREAS BILLS 0…UNITED STATES TREAS BILLS 0.000 1… US Treasury | principal | 2,250,000 | $2.25M | 0 |
| PETROLEOS MEXICANOSPETROLEOS MEXICANOS FIXED | principal | 1,971,000 | $2.12M | -70,000 |
| CITRIX SYSTEMS INCCITRIX SYSTEMS INC FIXED | principal | 2,216,000 | $2.11M | -78,000 |
| AMC ENTERTAINMENTAMC ENTERTAINMENT 6.125 05/15/27 '26 | principal | 2,230,000 | $2.09M | +242,000 |
| BLACKROCK TCP CAPBLACKROCK TCP CAP FIXED | principal | 1,921,000 | $1.98M | -9,000 |
| Icahn Enterprises LP / Icah…Icahn Enterprises LP / Icahn Ente… Corporate Bond - Domestic | principal | 1,855,000 | $1.87M | +521,000 |
| GLOBAL MARINE INCGLOBAL MARINE INC FIXED | principal | 1,915,000 | $1.86M | -29,000 |
| VITAL ENERGY INCVITAL ENERGY INC FIXED | principal | 1,650,000 | $1.72M | +398,000 |
| FS KKR Cap 7.875 01/15/29 …FS KKR Cap 7.875 01/15/29 28 01/… Fixed Income | principal | 1,590,000 | $1.67M | +278,000 |
| SASOL FINANCING USA LLCSASOL FINANCING USA LLC FIXED | principal | 1,575,000 | $1.57M | +120,000 |
| TITAN INTERNATIONAL INCTITAN INTERNATIONAL INC FIXED | principal | 1,531,000 | $1.53M | -114,000 |
| KEYCORP CAPITALKEYCORP CAPITAL FIXED | principal | 1,470,000 | $1.5M | +40,000 |
| CDK GLOBAL INCCDK GLOBAL INC FIXED | principal | 1,564,000 | $1.46M | +269,000 |
| PBF Holding Co LLC / PBF Fi…PBF Holding Co LLC / PBF Finance … Corporate Bond - Domestic | principal | 1,397,000 | $1.38M | +536,000 |
| TRANSOCEAN INCTRANSOCEAN INC FIXED | principal | 1,484,000 | $1.37M | +108,000 |
| Mercer International IncMercer International Inc Corporate Bond - Domestic | principal | 1,753,000 | $1.29M | -70,000 |
| US TREASUR NT 0750326UST NO…US TREASUR NT 0750326UST NOTE … Treas | principal | 1,261,000 | $1.24M | 0 |
| US TREASUR NT 3.5 09/26UST …US TREASUR NT 3.5 09/26UST NOTE D… TREASURY | principal | 1,192,000 | $1.19M | new |
| Icahn Enterprises LP / Icah…Icahn Enterprises LP / Icahn Ente… Corporate Bond - Domestic | principal | 1,210,000 | $1.19M | -120,000 |
| PETROLEOS MEXICANOSPETROLEOS MEXICANOS FIXED | principal | 1,135,000 | $1.15M | -325,000 |
| US TREASURY BILL25US TREASURY BILL25 FIXED | principal | 1,100,000 | $1.1M | new |
| Newell Brands IncNewell Brands Inc Corporate Bond - Domestic | principal | 980,000 | $980K | -30,000 |
| CARNIVAL CORPCARNIVAL CORP FIXED | principal | 890,000 | $931K | 0 |
| Genesis Energy LP / Genesis…Genesis Energy LP / Genesis Energ… Corporate Bond - Domestic | principal | 890,000 | $928K | -80,000 |
| TEGNA IncTEGNA Inc Corporate Bond - Domestic | principal | 915,000 | $909K | -75,000 |
| TREEHOUSE FOODS INCTREEHOUSE FOODS INC FIXED | principal | 892,000 | $865K | +560,000 |
| NEW MOUNTAIN FINANCE CORNEW MOUNTAIN FINANCE COR FIXED | principal | 825,000 | $842K | +90,000 |
| United States Treasury Note…United States Treasury Notes 1.87… Fixed Income | principal | 850,000 | $838K | 0 |
| US Treasury 2.250 03/31/26 …US Treasury 2.250 03/31/26 03/31/… Fixed Income | principal | 840,000 | $833K | 0 |
| MGM GROWTH/MGM FINANCEMGM GROWTH/MGM FINANCE FIXED | principal | 808,000 | $805K | 0 |
| US TREASURYUS TREASURY FIXED | principal | 800,000 | $793K | 0 |
| VALERO ENERGY CORPVALERO ENERGY CORP FIXED | principal | 750,000 | $767K | 0 |
| GOLDMAN SACKS BDC INCGOLDMAN SACKS BDC INC FIXED | principal | 740,000 | $757K | 0 |
| CLEVELAND-CLIFFS STEELCLEVELAND-CLIFFS STEEL FIXED | principal | 756,000 | $756K | +26,000 |
| UNITED AIR 2020-1 B PTTUNITED AIR 2020-1 B PTT FIXED | principal | 704,808 | $705K | -23,758 |
| US Treasury 1.625 02/15/26 …US Treasury 1.625 02/15/26 02/15/… Fixed Income | principal | 707,000 | $701K | 0 |
| CA INCCA INC FIXED | principal | 686,000 | $691K | new |
| US TREASUR NT 1 07/28UST NO…US TREASUR NT 1 07/28UST NOTE DUE… NOT | principal | 660,000 | $647K | new |
| ASSERTIO HOLDINGS INCASSERTIO HOLDINGS INC NOTE 6.500% 9/0 | principal | 703,000 | $642K | +15,000 |
| ORANGE & ROCKLAND UTILITORANGE & ROCKLAND UTILIT FIXED | principal | 620,000 | $639K | new |
| US TREASURY BILL25 U S T BI…US TREASURY BILL25 U S T BILL FIXED | principal | 600,000 | $600K | new |
| CONCENTRIX CORPCONCENTRIX CORP FIXED | principal | 575,000 | $583K | 0 |
| AMER AIRLINE 16-1 AAMER AIRLINE 16-1 A FIXED | principal | 591,264 | $575K | +353,031 |
| KENNEDY-WILSON INCKENNEDY-WILSON INC 5.000 03/01/31 '26 | principal | 610,000 | $569K | -58,000 |
| CARNIVAL CORPCARNIVAL CORP FIXED | principal | 538,000 | $557K | -8,000 |
| United States of AmericaUnited States of America #N/A | principal | 549,000 | $549K | 0 |
| YAMANA GOLD INCYAMANA GOLD INC FIXED | principal | 545,000 | $545K | 0 |
| BLACKSTONE SECRUED LENDBLACKSTONE SECRUED LEND FIXED | principal | 531,000 | $543K | new |
| REGAL REXNORD CORPORATIONSE…REGAL REXNORD CORPORATIONSER B FIXED | principal | 538,000 | $541K | 0 |
| HAWAIIAN AIRLINES 13-1AHAWAIIAN AIRLINES 13-1A FIXED | principal | 536,536 | $532K | -30,142 |
| MAIN STREET CAPITAL CORPMAIN STREET CAPITAL CORP FIXED | principal | 520,000 | $531K | +100,000 |
| F&G ANNUITIES & LIFE INCF&G ANNUITIES & LIFE INC FIXED | principal | 502,000 | $527K | new |
| DEVON OEI OPERATING LLCDEVON OEI OPERATING LLC FIXED | principal | 492,000 | $519K | +92,000 |
| ARROW ELECTRONICS INCARROW ELECTRONICS INC FIXED | principal | 500,000 | $518K | 0 |
| ALBEMARLE CORPALBEMARLE CORP FIXED | principal | 517,000 | $518K | 0 |
| VERISIGN INCVERISIGN INC FIXED | principal | 515,000 | $515K | 0 |
| UNIVERSAL INSURANCE HLDSUNIVERSAL INSURANCE HLDS FIXED | principal | 513,000 | $506K | new |
| US TREASURYUS TREASURY FIXED | principal | 516,000 | $506K | 0 |
| BARCLAYS PLCBARCLAYS PLC FIXED | principal | 500,000 | $502K | 0 |
| US TREASURYUS TREASURY FIXED | principal | 506,000 | $502K | new |
| AMER AIRLN 15-2 AAAMER AIRLN 15-2 AA FIXED | principal | 511,421 | $500K | +195,933 |
| MERCURY GENERAL CORPMERCURY GENERAL CORP FIXED | principal | 500,000 | $498K | 0 |
| FS KKR CAPITAL CORPFS KKR CAPITAL CORP FIXED | principal | 499,000 | $497K | 0 |
| SARATOGA INVESTMENT CORPSARATOGA INVESTMENT CORP FIXED | principal | 500,000 | $496K | +250,000 |
| AON CORPAON CORP FIXED | principal | 471,000 | $493K | 0 |
| US TREASUR NT 0.75 05/26UST…US TREASUR NT 0.75 05/26UST NOTE … NOT | principal | 500,000 | $490K | new |
| LLOYDS BANKING GROUP PLCLLOYDS BANKING GROUP PLC FIXED | principal | 485,000 | $485K | 0 |
| Kinross Gold CorpKinross Gold Corp #N/A | principal | 475,000 | $477K | 0 |
| RADIAN GROUP INCRADIAN GROUP INC FIXED | principal | 475,000 | $476K | 0 |
| PARAMOUNT GLOBALPARAMOUNT GLOBAL FIXED | principal | 475,000 | $471K | 0 |
| HECLA MINING COHECLA MINING CO FIXED | principal | 465,000 | $468K | -475,000 |
| US TREASUR NT 050226UST NO…US TREASUR NT 050226UST NOTE … Treas | principal | 475,000 | $468K | 0 |
| CARYLE SECURED LENDINGCARYLE SECURED LENDING FIXED | principal | 446,000 | $463K | -55,000 |
| BLACKROCK TCP CAP CORPBLACKROCK TCP CAP CORP FIXED | principal | 450,000 | $445K | 0 |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN FIXED | principal | 510,000 | $441K | new |
| OLD DOMIN ELECTRIC CORPOLD DOMIN ELECTRIC CORP FIXED | principal | 431,639 | $435K | 0 |
| FS KKR CAPITAL CORPFS KKR CAPITAL CORP FIXED | principal | 450,000 | $435K | new |
| EDISON INTERNTNLEDISON INTERNTNL FIXED | principal | 420,000 | $425K | new |
| AMER AIRLN 14-1 A PTTAMER AIRLN 14-1 A PTT FIXED | principal | 421,464 | $417K | 0 |
| BEAZER HOMES USABEAZER HOMES USA FIXED | principal | 405,000 | $409K | 0 |
| SEMPRA 5 4 26 …SEMPRA 5 4 26 … CORPORATE BONDS | principal | 400,000 | $404K | 0 |
| MERITAGE HOMES CORPMERITAGE HOMES CORP FIXED | principal | 400,000 | $403K | 0 |
| AMERICAN NATIONAL GROUPAMERICAN NATIONAL GROUP FIXED | principal | 400,000 | $403K | 0 |
| JEFFERIES FIN GROUPJEFFERIES FIN GROUP FIXED | principal | 400,000 | $402K | 0 |
| GLOBAL PAYMENTS INCGLOBAL PAYMENTS INC FIXED | principal | 400,000 | $400K | 0 |
| EPR PROPERTIESEPR PROPERTIES BCO | principal | 400,000 | $400K | 0 |
| NOKIA OYJNOKIA OYJ FIXED | principal | 400,000 | $399K | 0 |
| Omega Healthcare Investors …Omega Healthcare Investors Inc COM | principal | 387,000 | $387K | 0 |
| United States Treasury Note…United States Treasury Notes 2.37… Fixed Income | principal | 383,000 | $380K | 0 |
| ARES CAPITAL CORPARES CAPITAL CORP FIXED | principal | 365,000 | $376K | 0 |
| HCA INCHCA INC FIXED | principal | 375,000 | $376K | 0 |
| CLECO CORPORATE HOLDINGSCLECO CORPORATE HOLDINGS FIXED | principal | 375,000 | $372K | 0 |
| VIATRIS INCVIATRIS INC UDD | principal | 350,000 | $348K | 0 |
| BGC GROUP INCBGC GROUP INC FIXED | principal | 335,000 | $335K | 0 |
| CONCENTRIX CORPCONCENTRIX CORP FIXED | principal | 304,000 | $318K | -65,000 |
| AGCO CORPAGCO CORP FIXED | principal | 300,000 | $304K | 0 |
| APACHE CORPAPACHE CORP FIXED | principal | 300,000 | $303K | 0 |
| DELTA AIR LINESDELTA AIR LINES FIXED | principal | 300,000 | $301K | 0 |
| AVNET INCAVNET INC FIXED | principal | 300,000 | $300K | 0 |
| ARES CAPITAL CORPARES CAPITAL CORP FIXED | principal | 300,000 | $299K | 0 |
| GRUPO TELEVISAGRUPO TELEVISA FIXED | principal | 300,000 | $298K | 0 |
| ADAMAS TRUST INCADAMAS TRUST INC FIXED | principal | 300,000 | $297K | new |
| PHILLIPS 66 PARTNERS LPPHILLIPS 66 PARTNERS LP FIXED | principal | 300,000 | $296K | 0 |
| AMER AIRLINE 17-2AMER AIRLINE 17-2 FIXED | principal | 292,257 | $292K | 0 |
| US TREASU NT 2.625 01/26UST…US TREASU NT 2.625 01/26UST NOTE … NOT | principal | 277,000 | $276K | -200,000 |
| PULTEGROUP INCPULTEGROUP INC FIXED | principal | 275,000 | $275K | 0 |
| TEXAS GAS TRANSMISSIONTEXAS GAS TRANSMISSION FIXED | principal | 250,000 | $261K | 0 |
| LPL HOLDINGS INCLPL HOLDINGS INC FIXED | principal | 250,000 | $255K | 0 |
| CENTENE CORPCENTENE CORP FIXED | principal | 260,000 | $254K | +30,000 |
| BGC PARTNERS INCBGC PARTNERS INC FIXED | principal | 255,000 | $254K | 0 |
| ILLUMINA INCILLUMINA INC FIXED | principal | 250,000 | $250K | 0 |
| US TREASURYUS TREASURY FIXED | principal | 251,000 | $250K | new |
| ARCELORMITTAL SAARCELORMITTAL SA FIXED | principal | 230,000 | $240K | 0 |
| HOST HOTELS & RESORTS LPHOST HOTELS & RESORTS LP FIXED | principal | 240,000 | $240K | +15,000 |
| UNITED AIR 2020-1 AUNITED AIR 2020-1 A FIXED | principal | 221,266 | $227K | -17,231 |
| OAKTREE SPECIALTY LENDOAKTREE SPECIALTY LEND FIXED | principal | 215,000 | $222K | -20,000 |
| NUTRIEN CA HOLDINGS ULCNUTRIEN CA HOLDINGS ULC FIXED | principal | 211,000 | $217K | new |
| BOEING CO/THEBOEING CO/THE FIXED | principal | 200,000 | $206K | 0 |
| TRANSOCEAN INCTRANSOCEAN INC FIXED | principal | 200,000 | $199K | 0 |
| LEGGETT & PLATT INC 3.5 11/…LEGGETT & PLATT INC 3.5 11/15/2027 Corp Bond | principal | 200,000 | $196K | 0 |
| VIATRIS INCVIATRIS INC FIXED | principal | 200,000 | $193K | 0 |
| TPI COMPOSITES INCTPI COMPOSITES INC FIXED | principal | 1,040,000 | $13.3K | +30,000 |
Sold out in Q3 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| IGVISHARES TR | 211,041 | $23.1M | shares |
| US TREASURYUS TREASURY | 16,021,000 | $16M | principal |
| MOSMOSAIC CO | 191,959 | $7M | shares |
| LHXL3HARRIS TECHNOLOGIES INC | 27,036 | $6.78M | shares |
| DOVDOVER CORP | 36,352 | $6.66M | shares |
| AGCOAGCO CORP | 62,520 | $6.45M | shares |
| RTXRTX CORPORATION | 43,439 | $6.34M | shares |
| DEDEERE & CO | 12,382 | $6.3M | shares |
| TAT&T INC | 138,445 | $4.01M | shares |
| CATCATERPILLAR INC | 8,029 | $3.12M | shares |
| US TREASURYUS TREASURY | 3,000,000 | $2.99M | principal |
| NGGNATIONAL GRID PLC | 39,579 | $2.95M | shares |
| CBCHUBB LIMITED | 9,743 | $2.82M | shares |
| SYKSTRYKER CORPORATION | 7,096 | $2.81M | shares |
| LBLANDBRIDGE COMPANY LLC | 41,485 | $2.8M | shares |
| VRSKVERISK ANALYTICS INC | 8,463 | $2.64M | shares |
| AEEAMEREN CORP | 23,472 | $2.25M | shares |
| PARK-OHIO INDUSTRIES INCPARK-OHIO INDUSTRIES INC | 1,803,000 | $1.74M | principal |
| DTDYNATRACE INC | 31,088 | $1.72M | shares |
| United States Treasury BillUnited States Treasury Bill | 1,592,000 | $1.59M | principal |
| SNPSSYNOPSYS INC | 3,082 | $1.58M | shares |
| VRTXVERTEX PHARMACEUTICALS INC | 3,146 | $1.4M | shares |
| TIAA FSB HOLDINGS INCTIAA FSB HOLDINGS INC | 1,325,000 | $1.32M | principal |
| US TREASURYUS TREASURY | 1,250,000 | $1.25M | principal |
| TMUST-MOBILE US INC | 5,128 | $1.22M | shares |
| UNITED STATES TREAS NTS 2.7…UNITED STATES TREAS NTS 2.750 08/… | 1,030,000 | $1.03M | principal |
| HF SINCLAIR CORPHF SINCLAIR CORP | 590,000 | $597K | principal |
| TARGA RESOURCES PARTNERSTARGA RESOURCES PARTNERS | 540,000 | $540K | principal |
| ELEVANCE HEALTH INCELEVANCE HEALTH INC | 500,000 | $500K | principal |
| US TREASUR NT 4.75 07/25UST…US TREASUR NT 4.75 07/25UST NOTE … | 450,000 | $450K | principal |
| US TREASURYUS TREASURY | 450,000 | $445K | principal |
| T-MOBILE USA INCT-MOBILE USA INC | 415,000 | $414K | principal |
| BANK OF AMERICA CORPBANK OF AMERICA CORP | 400,000 | $400K | principal |
| US TREASURYUS TREASURY | 357,000 | $355K | principal |
| GLP CAPITAL LP / FIN IIGLP CAPITAL LP / FIN II | 351,000 | $351K | principal |
| BIZDVANECK ETF TRUST | 20,819 | $339K | shares |
| EDISON INTERNATIONALEDISON INTERNATIONAL | 325,000 | $325K | principal |
| COMERICA BANKCOMERICA BANK | 305,000 | $304K | principal |
| BLOCK FINANCIAL LLCBLOCK FINANCIAL LLC | 300,000 | $300K | principal |
| IAKISHARES TR | 2,045 | $275K | shares |
| JBS USA LUX S A / JBSUSA FO…JBS USA LUX S A / JBSUSA FOOD | 260,000 | $253K | principal |
| ENBRIDGE ENERGY PARTNERSENBRIDGE ENERGY PARTNERS | 250,000 | $250K | principal |
| JEFFERIES GRP LLCJEFFERIES GRP LLC | 250,000 | $250K | principal |
| ADBEADOBE INC | 639 | $247K | shares |
| CITHE CIGNA GROUP | 683 | $226K | shares |
| Leggett & Platt IncLeggett & Platt Inc | 222,000 | $214K | principal |
| US TREASURYUS TREASURY | 210,000 | $210K | principal |
How Q3 2025 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001104659-25-108437 | base | 2025-11-07 | acceptance time not in the bulk data set |