L & S Advisors Inc
Follow13F filer, CIK 1392364, Los Angeles, CA
L & S Advisors Inc reported $1,082,115,313 across 370 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-05. Its ten largest share positions make up 20.93% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001104659-26-010918
- Period
- 2025-12-31
- Reported value
- $1.08B
- Holdings
- 370
- Top 10 weight
- 20.93%
- New
- 70
- Sold out
- 43
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| MRKadded | +102,592 | $10.8M |
| LRCXnew | +55,266 | $9.46M |
| AAnew | +148,356 | $7.88M |
| CBnew | +25,141 | $7.85M |
| AZNnew | +84,691 | $7.79M |
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 |
|---|---|---|
| GLDreduced | -95,113 | -$37.7M |
| SRLNreduced | -302,650 | -$12.5M |
| DLRexited | -72,103 | -$12.5M |
| ORCLexited | -43,871 | -$12.3M |
| BXexited | -72,116 | -$12.3M |
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 244 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 |
|---|---|---|---|---|
| US Treasury 3-Year 4.375PCT…US Treasury 3-Year 4.375PCT Note Bond | principal | 5,345,000 | $5.39M | new |
| US TREASUR NT 250226UST NO…US TREASUR NT 250226UST NOTE … Treas | principal | 5,247,000 | $5.24M | -15,000 |
| IIP OPERATING PARTNERIIP OPERATING PARTNER 5.500 05/25/26 '26 | principal | 3,485,000 | $3.42M | +149,000 |
| US TREASURY BILL26U S…US TREASURY BILL26U S T BIL… Treas | principal | 3,000,000 | $2.99M | new |
| US TREASUR NT 40226UST N…US TREASUR NT 40226UST NOTE … Treas | principal | 2,697,000 | $2.7M | 0 |
| US TREASU NT 1.125 10/26UST…US TREASU NT 1.125 10/26UST NOTE … TREASURY | principal | 2,300,000 | $2.25M | new |
| AMC ENTERTAINMENTAMC ENTERTAINMENT 6.125 05/15/27 '26 | principal | 2,399,000 | $2.23M | +169,000 |
| Icahn Enterprises LP / Icah…Icahn Enterprises LP / Icahn Ente… Corporate Bond - Domestic | principal | 2,154,000 | $2.14M | +299,000 |
| CITRIX SYSTEMS INCCITRIX SYSTEMS INC FIXED | principal | 2,261,000 | $2.11M | +45,000 |
| PETROLEOS MEXICANOSPETROLEOS MEXICANOS FIXED | principal | 1,934,000 | $2.07M | -37,000 |
| VITAL ENERGY INCVITAL ENERGY INC FIXED | principal | 1,920,000 | $2.01M | +270,000 |
| BLACKROCK TCP CAPBLACKROCK TCP CAP FIXED | principal | 1,916,000 | $1.92M | -5,000 |
| TRANSOCEAN INCTRANSOCEAN INC FIXED | principal | 1,979,000 | $1.87M | +495,000 |
| GLOBAL MARINE INCGLOBAL MARINE INC FIXED | principal | 1,706,000 | $1.67M | -209,000 |
| FS KKR Cap 7.875 01/15/29 …FS KKR Cap 7.875 01/15/29 28 01/… Fixed Income | principal | 1,602,000 | $1.65M | +12,000 |
| US TREASU NT 4.125 06/26UST…US TREASU NT 4.125 06/26UST NOTE … NOT | principal | 1,649,000 | $1.65M | -2,779,000 |
| CDK GLOBAL INCCDK GLOBAL INC FIXED | principal | 1,708,000 | $1.61M | +144,000 |
| SASOL FINANCING USA LLCSASOL FINANCING USA LLC FIXED | principal | 1,515,000 | $1.49M | -60,000 |
| KEYCORP CAPITALKEYCORP CAPITAL FIXED | principal | 1,426,000 | $1.45M | -44,000 |
| TITAN INTERNATIONAL INCTITAN INTERNATIONAL INC FIXED | principal | 1,425,000 | $1.43M | -106,000 |
| PBF Holding Co LLC / PBF Fi…PBF Holding Co LLC / PBF Finance … Corporate Bond - Domestic | principal | 1,354,000 | $1.34M | -43,000 |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN FIXED | principal | 1,447,000 | $1.27M | +937,000 |
| US TREASUR NT 0750326UST NO…US TREASUR NT 0750326UST NOTE … Treas | principal | 1,226,000 | $1.22M | -35,000 |
| US TREASUR NT 3.5 09/26UST …US TREASUR NT 3.5 09/26UST NOTE D… TREASURY | principal | 1,192,000 | $1.19M | 0 |
| Icahn Enterprises LP / Icah…Icahn Enterprises LP / Icahn Ente… Corporate Bond - Domestic | principal | 1,195,000 | $1.17M | -15,000 |
| Mercer International IncMercer International Inc Corporate Bond - Domestic | principal | 1,683,000 | $1.08M | -70,000 |
| MGM GROWTH/MGM FINANCEMGM GROWTH/MGM FINANCE FIXED | principal | 989,000 | $990K | +181,000 |
| US TREASUR NT 1.75 12/26UST…US TREASUR NT 1.75 12/26UST NOTE … TREASURY | principal | 1,000,000 | $983K | new |
| CARNIVAL CORPCARNIVAL CORP FIXED | principal | 915,000 | $960K | +25,000 |
| Newell Brands IncNewell Brands Inc Corporate Bond - Domestic | principal | 955,000 | $949K | -25,000 |
| ADAMAS TRUST INCADAMAS TRUST INC FIXED | principal | 956,000 | $949K | +656,000 |
| AMER AIRLINE 16-1 AAMER AIRLINE 16-1 A FIXED | principal | 877,175 | $863K | +285,911 |
| United States Treasury Note…United States Treasury Notes 1.87… Fixed Income | principal | 850,000 | $843K | 0 |
| US Treasury 2.250 03/31/26 …US Treasury 2.250 03/31/26 03/31/… Fixed Income | principal | 840,000 | $837K | 0 |
| NEW MOUNTAIN FINANCE CORNEW MOUNTAIN FINANCE COR FIXED | principal | 805,000 | $817K | -20,000 |
| TEGNA IncTEGNA Inc Corporate Bond - Domestic | principal | 800,000 | $792K | -115,000 |
| VALERO ENERGY CORPVALERO ENERGY CORP FIXED | principal | 750,000 | $760K | 0 |
| GOLDMAN SACKS BDC INCGOLDMAN SACKS BDC INC FIXED | principal | 740,000 | $755K | 0 |
| PARAMOUNT GLOBALPARAMOUNT GLOBAL FIXED | principal | 720,000 | $711K | +245,000 |
| US Treasury 1.625 02/15/26 …US Treasury 1.625 02/15/26 02/15/… Fixed Income | principal | 707,000 | $705K | 0 |
| United States Treasury Note…United States Treasury Note/Bond US Government Note/Bond | principal | 700,000 | $701K | new |
| Genesis Energy LP / Genesis…Genesis Energy LP / Genesis Energ… Corporate Bond - Domestic | principal | 675,000 | $700K | -215,000 |
| HAWAIIAN AIRLINES 13-1AHAWAIIAN AIRLINES 13-1A FIXED | principal | 662,802 | $662K | +126,266 |
| US TREASUR NT 1 07/28UST NO…US TREASUR NT 1 07/28UST NOTE DUE… NOT | principal | 660,000 | $652K | 0 |
| ORANGE & ROCKLAND UTILITORANGE & ROCKLAND UTILIT FIXED | principal | 620,000 | $643K | 0 |
| Bain Capital Specialty Fina…Bain Capital Specialty Finance In… Fixed Income | principal | 601,000 | $598K | new |
| ASSERTIO HOLDINGS INCASSERTIO HOLDINGS INC NOTE 6.500% 9/0 | principal | 663,000 | $594K | -40,000 |
| US TREASUR NT 4.5 04/27UST …US TREASUR NT 4.5 04/27UST NOTE D… NOT | principal | 600,000 | $589K | new |
| CONCENTRIX CORPCONCENTRIX CORP FIXED | principal | 575,000 | $582K | 0 |
| CARNIVAL CORPCARNIVAL CORP FIXED | principal | 538,000 | $559K | 0 |
| US TREASUR NT 0.75 05/26UST…US TREASUR NT 0.75 05/26UST NOTE … NOT | principal | 565,000 | $558K | +65,000 |
| KENNEDY-WILSON INCKENNEDY-WILSON INC 5.000 03/01/31 '26 | principal | 585,000 | $551K | -25,000 |
| UNITED AIR 2020-1 B PTTUNITED AIR 2020-1 B PTT FIXED | principal | 548,983 | $549K | -155,825 |
| Newell Brands IncNewell Brands Inc Corporate Bond - Domestic | principal | 563,000 | $549K | new |
| YAMANA GOLD INCYAMANA GOLD INC FIXED | principal | 545,000 | $547K | 0 |
| BLACKSTONE SECRUED LENDBLACKSTONE SECRUED LEND FIXED | principal | 531,000 | $538K | 0 |
| VERISIGN INCVERISIGN INC FIXED | principal | 529,000 | $529K | +14,000 |
| F&G ANNUITIES & LIFE INCF&G ANNUITIES & LIFE INC FIXED | principal | 502,000 | $525K | 0 |
| REGAL REXNORD CORPORATIONSE…REGAL REXNORD CORPORATIONSER B FIXED | principal | 518,000 | $519K | -20,000 |
| US TREASU NT 0.875 06/26UST…US TREASU NT 0.875 06/26UST NOTE … NOT | principal | 525,000 | $518K | new |
| ARROW ELECTRONICS INCARROW ELECTRONICS INC FIXED | principal | 500,000 | $515K | 0 |
| DEVON OEI OPERATING LLCDEVON OEI OPERATING LLC FIXED | principal | 492,000 | $513K | 0 |
| MAIN STREET CAPITAL CORPMAIN STREET CAPITAL CORP FIXED | principal | 500,000 | $510K | -20,000 |
| US TREASURYUS TREASURY FIXED | principal | 516,000 | $509K | 0 |
| UNIVERSAL INSURANCE HLDSUNIVERSAL INSURANCE HLDS FIXED | principal | 513,000 | $505K | 0 |
| AMER AIRLN 15-2 AAAMER AIRLN 15-2 AA FIXED | principal | 511,421 | $504K | 0 |
| BARCLAYS PLCBARCLAYS PLC FIXED | principal | 500,000 | $502K | 0 |
| MERCURY GENERAL CORPMERCURY GENERAL CORP FIXED | principal | 500,000 | $499K | 0 |
| FS KKR CAPITAL CORPFS KKR CAPITAL CORP FIXED | principal | 499,000 | $499K | 0 |
| ALBEMARLE CORPALBEMARLE CORP FIXED | principal | 495,000 | $498K | -22,000 |
| SARATOGA INVESTMENT CORPSARATOGA INVESTMENT CORP FIXED | principal | 500,000 | $497K | 0 |
| ORACLE CORP 3.25 27 …ORACLE CORP 3.25 27 … CORPORATE BONDS | principal | 500,000 | $489K | new |
| AON CORPAON CORP FIXED | principal | 471,000 | $488K | 0 |
| LLOYDS BANKING GROUP PLCLLOYDS BANKING GROUP PLC FIXED | principal | 485,000 | $486K | 0 |
| EDISON INTERNTNLEDISON INTERNTNL FIXED | principal | 470,000 | $478K | +50,000 |
| RADIAN GROUP INCRADIAN GROUP INC FIXED | principal | 475,000 | $477K | 0 |
| ARES CAPITAL CORPARES CAPITAL CORP FIXED | principal | 465,000 | $476K | +100,000 |
| US TREASUR NT 050226UST NO…US TREASUR NT 050226UST NOTE … Treas | principal | 475,000 | $473K | 0 |
| FISERV INCFISERV INC FIXED | principal | 450,000 | $461K | new |
| MORGAN STANLEY DIRECTMORGAN STANLEY DIRECT FIXED | principal | 450,000 | $449K | new |
| GRUPO TELEVISAGRUPO TELEVISA FIXED | principal | 450,000 | $449K | +150,000 |
| CARYLE SECURED LENDINGCARYLE SECURED LENDING FIXED | principal | 439,000 | $449K | -7,000 |
| BLACKROCK TCP CAP CORPBLACKROCK TCP CAP CORP FIXED | principal | 450,000 | $448K | 0 |
| FS KKR CAPITAL CORPFS KKR CAPITAL CORP FIXED | principal | 450,000 | $434K | 0 |
| HECLA MINING COHECLA MINING CO FIXED | principal | 430,000 | $431K | -35,000 |
| AMERICAN NATIONAL GROUPAMERICAN NATIONAL GROUP FIXED | principal | 400,000 | $403K | 0 |
| MERITAGE HOMES CORPMERITAGE HOMES CORP FIXED | principal | 400,000 | $403K | 0 |
| SEMPRA 5 4 26 …SEMPRA 5 4 26 … CORPORATE BONDS | principal | 400,000 | $403K | 0 |
| NOKIA OYJNOKIA OYJ FIXED | principal | 400,000 | $401K | 0 |
| EPR PROPERTIESEPR PROPERTIES BCO | principal | 400,000 | $401K | 0 |
| GLOBAL PAYMENTS INCGLOBAL PAYMENTS INC FIXED | principal | 400,000 | $400K | 0 |
| AMER AIRLN 14-1 A PTTAMER AIRLN 14-1 A PTT FIXED | principal | 401,805 | $399K | -19,659 |
| JEFFERIES FIN GROUPJEFFERIES FIN GROUP FIXED | principal | 400,000 | $393K | 0 |
| BEAZER HOMES USABEAZER HOMES USA FIXED | principal | 380,000 | $387K | -25,000 |
| United States Treasury Note…United States Treasury Notes 2.37… Fixed Income | principal | 383,000 | $382K | 0 |
| HCA INCHCA INC FIXED | principal | 375,000 | $376K | 0 |
| CLECO CORPORATE HOLDINGSCLECO CORPORATE HOLDINGS FIXED | principal | 375,000 | $374K | 0 |
| AMER AIRLN 15-1 AAMER AIRLN 15-1 A FIXED | principal | 355,564 | $351K | new |
| VIATRIS INCVIATRIS INC UDD | principal | 350,000 | $349K | 0 |
| CONCENTRIX CORPCONCENTRIX CORP FIXED | principal | 334,000 | $344K | +30,000 |
| OLD DOMIN ELECTRIC CORPOLD DOMIN ELECTRIC CORP FIXED | principal | 323,729 | $327K | -107,910 |
| FS KKR CAPITAL 6.125 30 …FS KKR CAPITAL 6.125 30 … FIX | principal | 316,000 | $311K | new |
| AGCO CORPAGCO CORP FIXED | principal | 300,000 | $304K | 0 |
| APACHE CORPAPACHE CORP FIXED | principal | 300,000 | $302K | 0 |
| ARES CAPITAL CORPARES CAPITAL CORP FIXED | principal | 300,000 | $300K | 0 |
| AVNET INCAVNET INC FIXED | principal | 300,000 | $300K | 0 |
| PHILLIPS 66 PARTNERS LPPHILLIPS 66 PARTNERS LP FIXED | principal | 300,000 | $296K | 0 |
| PULTEGROUP INCPULTEGROUP INC FIXED | principal | 275,000 | $275K | 0 |
| FIDELITY NATL INFOFIDELITY NATL INFO FIXED | principal | 260,000 | $261K | new |
| TEXAS GAS TRANSMISSIONTEXAS GAS TRANSMISSION FIXED | principal | 250,000 | $260K | 0 |
| LPL HOLDINGS INCLPL HOLDINGS INC FIXED | principal | 250,000 | $255K | 0 |
| United States Treasury Bill…United States Treasury Bills 0.0 … T-Bills | principal | 252,000 | $251K | new |
| FMC CORPFMC CORP FIXED | principal | 250,000 | $247K | new |
| ARCELORMITTAL SAARCELORMITTAL SA FIXED | principal | 230,000 | $239K | 0 |
| CENTENE CORPCENTENE CORP FIXED | principal | 240,000 | $238K | -20,000 |
| AMERN AIRLINE 16-2 A PTTAMERN AIRLINE 16-2 A PTT FIXED | principal | 227,955 | $221K | new |
| IHS MARKIT LTDIHS MARKIT LTD FIXED | principal | 210,000 | $211K | new |
| UNITED AIR 2020-1 AUNITED AIR 2020-1 A FIXED | principal | 204,035 | $209K | -17,231 |
| BOEING CO/THEBOEING CO/THE FIXED | principal | 200,000 | $205K | 0 |
| SYNOVUS BANK GASYNOVUS BANK GA FIXED | principal | 200,000 | $204K | new |
| TRANSOCEAN INCTRANSOCEAN INC FIXED | principal | 200,000 | $203K | 0 |
| OAKTREE SPECIALTY LENDOAKTREE SPECIALTY LEND FIXED | principal | 195,000 | $200K | -20,000 |
| MYLAN, INC.MYLAN, INC. BCO | principal | 200,000 | $200K | new |
| MGIC INVESTMENT CORPMGIC INVESTMENT CORP FIXED | principal | 200,000 | $199K | new |
| VIATRIS INCVIATRIS INC FIXED | principal | 200,000 | $194K | 0 |
| TPI COMPOSITES INCTPI COMPOSITES INC FIXED | principal | 530,000 | $5.96K | -510,000 |
Sold out in Q4 2025
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| DLRDIGITAL RLTY TR INC | 72,103 | $12.5M | shares |
| ORCLORACLE CORP | 43,871 | $12.3M | shares |
| BXBLACKSTONE INC | 72,116 | $12.3M | shares |
| BSXBOSTON SCIENTIFIC CORP | 91,029 | $8.89M | shares |
| MLMMARTIN MARIETTA MATLS INC | 10,966 | $6.91M | shares |
| United States of AmericaUnited States of America | 5,335,000 | $5.32M | principal |
| WFCWELLS FARGO & CO | 60,611 | $5.08M | shares |
| OREALTY INCOME CORP | 63,851 | $3.88M | shares |
| DUKDUKE ENERGY CORP NEW | 30,455 | $3.77M | shares |
| DTEDTE ENERGY CO | 26,540 | $3.75M | shares |
| DDOMINION ENERGY INC | 59,231 | $3.62M | shares |
| UNITED STATES TREAS BILLS 0…UNITED STATES TREAS BILLS 0.000 1… | 3,508,000 | $3.5M | principal |
| MTZMASTEC INC | 15,863 | $3.38M | shares |
| WMWASTE MGMT INC DEL | 14,245 | $3.15M | shares |
| LNGCHENIERE ENERGY INC | 13,329 | $3.13M | shares |
| UNITED STATES TREAS BILLS 0…UNITED STATES TREAS BILLS 0.000 1… | 2,250,000 | $2.25M | principal |
| ICEINTERCONTINENTAL EXCHANGE IN | 10,677 | $1.8M | shares |
| PETROLEOS MEXICANOSPETROLEOS MEXICANOS | 1,135,000 | $1.15M | principal |
| US TREASURY BILL25US TREASURY BILL25 | 1,100,000 | $1.1M | principal |
| BYDDYBYD Company Ltd Unsponsored AD | 65,826 | $927K | shares |
| TREEHOUSE FOODS INCTREEHOUSE FOODS INC | 892,000 | $865K | principal |
| US TREASURYUS TREASURY | 800,000 | $793K | principal |
| CLEVELAND-CLIFFS STEELCLEVELAND-CLIFFS STEEL | 756,000 | $756K | principal |
| CA INCCA INC | 686,000 | $691K | principal |
| US TREASURY BILL25 U S T BI…US TREASURY BILL25 U S T BILL | 600,000 | $600K | principal |
| United States of AmericaUnited States of America | 549,000 | $549K | principal |
| US TREASURYUS TREASURY | 506,000 | $502K | principal |
| Kinross Gold CorpKinross Gold Corp | 475,000 | $477K | principal |
| Omega Healthcare Investors …Omega Healthcare Investors Inc | 387,000 | $387K | principal |
| XLRESELECT SECTOR SPDR TR | 8,279 | $349K | shares |
| BGC GROUP INCBGC GROUP INC | 335,000 | $335K | principal |
| XLUSELECT SECTOR SPDR TR | 3,489 | $304K | shares |
| DELTA AIR LINESDELTA AIR LINES | 300,000 | $301K | principal |
| AMER AIRLINE 17-2AMER AIRLINE 17-2 | 292,257 | $292K | principal |
| IBITISHARES BITCOIN TRUST ETF | 4,390 | $285K | shares |
| US TREASU NT 2.625 01/26UST…US TREASU NT 2.625 01/26UST NOTE … | 277,000 | $276K | principal |
| BGC PARTNERS INCBGC PARTNERS INC | 255,000 | $254K | principal |
| ILLUMINA INCILLUMINA INC | 250,000 | $250K | principal |
| US TREASURYUS TREASURY | 251,000 | $250K | principal |
| HOST HOTELS & RESORTS LPHOST HOTELS & RESORTS LP | 240,000 | $240K | principal |
| NUTRIEN CA HOLDINGS ULCNUTRIEN CA HOLDINGS ULC | 211,000 | $217K | principal |
| LEGGETT & PLATT INC 3.5 11/…LEGGETT & PLATT INC 3.5 11/15/2027 | 200,000 | $196K | principal |
| AMERICAN CENTURY CA HIGHYIE…AMERICAN CENTURY CA HIGHYIELD | 16,308 | $156K | shares |
How Q4 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 0001104659-26-010918 | base | 2026-02-05 | acceptance time not in the bulk data set |