Logan Stone Capital, LLC

13F filer, CIK 1535521, CHICAGO, IL

Logan Stone Capital, LLC reported $214,563,560 across 71 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 64.73% of the portfolio.

Filed 2025-05-15 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:06 UTC13F-HR 0001214659-25-007826

Period: 2025-03-31
Reported value: $215M
Holdings: 71
Top 10 weight: 64.73%
New: 7
Sold out: 49

Largest buys vs the previous quarter

Security	Shares change	Approx. value
USHYnew	+983,933	$36.2M
VNQadded	+68,575	$6.21M
SPYadded	+9,228	$5.16M
IGFnew	+50,369	$2.75M
DVYnew	+9,446	$1.27M

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
ETHAexited	-980,584	-$24.8M
IBITreduced	-492,411	-$23M
JNKreduced	-106,953	-$10.2M
BTTreduced	-409,547	-$8.69M
CENTAreduced	-216,671	-$7.09M

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.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0001214659-25-007826, largest first. % of portfolio is the value over $214,563,560, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
USHYISHARES TR	983,933	$36.2M	16.88%	new	Timeline
IBITISHARES BITCOIN TRUST ETF	542,904	$25.4M	11.84%	-492,411	Timeline
NWSANEWS CORP NEW	554,640	$15.1M	7.04%	-187,499	Timeline
JNKSPDR SERIES TRUST	158,223	$15.1M	7.03%	-106,953	Timeline
SRLNSSGA ACTIVE ETF TR	296,586	$12.2M	5.69%	-95,382	Timeline
BTTBLACKROCK MUN TARGET TERM TR	445,494	$9.46M	4.41%	-409,547	Timeline
VNQVANGUARD INDEX FDS	72,577	$6.57M	3.06%	+68,575	Timeline
LEOBNY MELLON STRATEGIC MUNS IN	1,072,819	$6.57M	3.06%	-171,735	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	11,263	$6.3M	2.94%	+9,228	Timeline
CENTACENTRAL GARDEN & PET CO	183,144	$5.99M	2.79%	-216,671	Timeline
AGGISHARES TR	51,273	$5.07M	2.36%	+8,230	Timeline
EMBISHARES TR	52,760	$4.78M	2.23%	+12,238	Timeline
DMBBNY MELLON MUN BD INFRASTRUC	319,638	$3.38M	1.57%	-18,734	Timeline
IGFISHARES TR	50,369	$2.75M	1.28%	new	Timeline
BLACKROCK MUNIVEST FUND IIBLACKROCK MUNIVEST FUND II	245,420	$2.59M	1.21%	-13,569
XGDVXGABELLI DIVID & INCOME TR	94,207	$2.27M	1.06%	-6,248	Timeline
DSMBNY MELLON STRATEGIC MUN BD	377,275	$2.18M	1.01%	-24,253	Timeline
MFMABERDEEN MUN INCOME FD	404,903	$2.15M	1%	+2,480	Timeline
PIMCO CALIFORNIA MUNICIPAL …PIMCO CALIFORNIA MUNICIPAL INC	373,843	$2.11M	0.98%	+58,409
XNQPXNUVEEN PA INVT QUALITY MUN F	183,434	$2.06M	0.96%	-42,104	Timeline
MHDBLACKROCK MUNIHOLDINGS FD IN	173,759	$2.04M	0.95%	-104,149	Timeline
VFLABRDN NATL MUN INCOME FD	190,084	$1.93M	0.9%	-14,891	Timeline
QQQINVESCO QQQ TR	3,776	$1.77M	0.83%	+1,065	Timeline
AFBALLIANCEBERNSTEIN NATL MUN I	161,108	$1.75M	0.82%	+8,115	Timeline
BLACKROCK INVESTMENT QUALIT…BLACKROCK INVESTMENT QUALITY M	148,440	$1.71M	0.79%	-14,644
XPCQXPIMCO CALIF MUN INCOME FD	192,372	$1.7M	0.79%	+76,421	Timeline
BLACKROCK MUNIHOLDINGS QUAL…BLACKROCK MUNIHOLDINGS QUALITY	165,867	$1.66M	0.77%	-33,545
RMIRIVERNORTH OPPORTUNISTIC MUN	109,050	$1.63M	0.76%	-3,716	Timeline
BLACKROCK MUNICIPAL INCOME …BLACKROCK MUNICIPAL INCOME QUA	150,862	$1.63M	0.76%	+23,101
PNIPIMCO NEW YORK MUN FD II	222,775	$1.58M	0.74%	+55,495	Timeline
BNY MELLON MUN INCOME INCBNY MELLON MUN INCOME INC	208,953	$1.5M	0.7%	+88,473
MIYBLACKROCK MUNIYIELD MICH QU	131,554	$1.5M	0.7%	-33,546	Timeline
RMMRIVERNORTH MANAGED DUR MUN I	104,458	$1.5M	0.7%	+21,728	Timeline
VTVANGUARD INTL EQUITY INDEX F	12,009	$1.39M	0.65%	+2,973	Timeline
DVYISHARES TR	9,446	$1.27M	0.59%	new	Timeline
PIMCO CALIFORNIA MUNICIPAL …PIMCO CALIFORNIA MUNICIPAL INC	191,345	$1.25M	0.58%	+75,504
MUCBLACKROCK MUNIHLDNGS CALI	115,798	$1.24M	0.58%	-154,942	Timeline
NBHNEUBERGER MUN FD INC	112,512	$1.17M	0.55%	-52,233	Timeline
ETWEATON VANCE TAX-MANAGED GLOB	138,340	$1.14M	0.53%	-56,072	Timeline
MMDNYLIM MACKAY DEFINEDTERM MUN	67,722	$1.02M	0.48%	-14,295	Timeline
CXEMFS HIGH INCOME MUN TR	260,564	$961K	0.45%	+19,724	Timeline
MUJBLACKROCK MUNIHLDGS NJ QLTY	84,353	$949K	0.44%	-50,173	Timeline
FMNFEDERATED HERMES PREM MUNI I	84,495	$918K	0.43%	+37,205	Timeline
BLACKROCK CALIFORNIA MUNICI…BLACKROCK CALIFORNIA MUNICIPAL	83,008	$911K	0.42%	new
MXFMEXICO FD INC	57,195	$814K	0.38%	-24,122	Timeline
NCANUVEEN CALIFORNIA MUNI VLU F	92,578	$801K	0.37%	-78,020	Timeline
ETGEATON VANCE TX ADV GLBL DIV	39,501	$720K	0.34%	-15,780	Timeline
RFMRIVERNORTH FLEXIBLE MUN INCO	47,453	$701K	0.33%	-29,030	Timeline
IWMISHARES TR	3,431	$684K	0.32%	-5,734	Timeline
BLACKROCK MUNIYEILD QUALITY…BLACKROCK MUNIYEILD QUALITY FU	64,064	$641K	0.3%	-14,055
OIAINVESCO MUNI INCOME OPP TRST	105,814	$637K	0.3%	-77,705	Timeline
ECOFIN SUSTAINABLE & SOC IM…ECOFIN SUSTAINABLE & SOC IMP T	55,978	$636K	0.3%	-6,693
PIMCO NEW YORK MUN INCMPIMCO NEW YORK MUN INCM	112,261	$633K	0.3%	-1,414
CEVEATON VANCE CALIF MUN INCOM	62,025	$621K	0.29%	+6,567	Timeline
NCVVIRTUS CONVERTIBLE & INCOME	47,278	$611K	0.28%	new	Timeline
XEXGXEATON VANCE TAX-MANAGED GLOB	67,108	$546K	0.25%	-263,050	Timeline
EODALLSPRING GLOBAL DIVIDEND OP	90,144	$446K	0.21%	-2,082	Timeline
EMFTEMPLETON EMERGING MKTS FD	34,289	$441K	0.21%	-62,327	Timeline
BLACKROCK N Y MUN INCOME TRUBLACKROCK N Y MUN INCOME TRU	41,085	$418K	0.19%	-132,404
PIMCO NY MUNICIPAL INCOME FDPIMCO NY MUNICIPAL INCOME FD	52,305	$392K	0.18%	-12,208
AEFABRDN EMERGING MARKETS EX CH	68,534	$340K	0.16%	0	Timeline
RMTROYCE MICRO-CAP TR INC	39,319	$331K	0.15%	-52,593	Timeline
MYNBLACKROCK MUNIYIELD N Y QUAL	29,649	$294K	0.14%	-784	Timeline
XAODXABRDN TOTAL DYNAMIC DIVIDEND	33,508	$281K	0.13%	-129,029	Timeline
RWXSPDR INDEX SHS FDS	10,717	$262K	0.12%	-14,407	Timeline
PEBBLEBROOK HOTEL TRPEBBLEBROOK HOTEL TR	14,719	$252K	0.12%	new
BATRKATLANTA BRAVES HLDGS INC	6,254	$250K	0.12%	new	Timeline
EEAEUROPEAN EQUITY FD INC	22,801	$207K	0.1%	+579	Timeline
BLACKROCK MUN INCOME TRBLACKROCK MUN INCOME TR	16,002	$158K	0.07%	-70,644
SBIWESTERN ASSET INTER MUNI	11,574	$90.3K	0.04%	-4,154	Timeline
URBAN ONE INCURBAN ONE INC	23,150	$16.7K	0.01%	+6,578

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
ETHAISHARES ETHEREUM TR	980,584	$24.8M	shares
CWBSPDR SERIES TRUST	60,432	$4.71M	shares
UHAL-BU HAUL HOLDING COMPANY	51,550	$3.3M	shares
PTACOHEN & STEERS TAX ADVAN PFD	121,691	$2.34M	shares
CLIMATEROCKCLIMATEROCK	156,223	$1.84M	shares
PLMJFPLUM ACQUISITION CORP. III CLA	155,526	$1.73M	shares
BUKIT JALIL GBL ACQUISITION…BUKIT JALIL GBL ACQUISITION ORD S…	150,608	$1.69M	shares
LIONS GATE ENTMNT CORPLIONS GATE ENTMNT CORP	222,842	$1.68M	shares
NULLNULL	136,442	$1.62M	shares
TECHNOLOGY & TEL EQUITYTECHNOLOGY & TEL EQUITY	96,250	$1.19M	shares
XMYDXBLACKROCK MUNIYIELD FUND	98,084	$1.02M	shares
NEW AMERICA HIGH INCOME FUN…NEW AMERICA HIGH INCOME FUND I	115,923	$947K	shares
NMCONUVEEN MUN CR OPPORTUNITIES	89,203	$946K	shares
EATON VANCE CALIFORNIA MUNI…EATON VANCE CALIFORNIA MUNI BO	97,143	$891K	shares
MEGINYLIM CBRE GLOBAL	69,938	$851K	shares
NNYNUVEEN N Y MUN VALUE FD	95,116	$765K	shares
EWUISHARES TR	22,138	$750K	shares
GFNEW GERMANY FD INC	90,096	$703K	shares
NDMONUVEEN DYNAMIC MUN OPPORTUNI	70,108	$702K	shares
NIMNUVEEN SELECT MAT MUN FD	70,119	$611K	shares
ADXADAMS DIVERSIFIED EQUITY FD	29,788	$602K	shares
EWAISHARES INC	22,842	$545K	shares
BKLNINVESCO EXCH TRADED FD TR II	21,024	$443K	shares
NUWNUVEEN AMT-FREE MUN VALUE FD	31,107	$422K	shares
KFKOREA FD INC	22,628	$417K	shares
XMVFXBLACKROCK MUNIVEST FUND	57,362	$404K	shares
ERHALLSPRING UTILITIES AND HIGH	37,489	$402K	shares
PMOFRANKLIN MUN OPPORTUNITIES T	35,936	$364K	shares
IQIINVESCO QUALITY MUN INCOME T	36,033	$355K	shares
IFNABERDEEN INDIA FD INC	22,064	$348K	shares
BNDXVANGUARD CHARLOTTE FDS	6,896	$338K	shares
HERZFELD CREDIT INCOME FUNDHERZFELD CREDIT INCOME FUND	124,191	$290K	shares
EOTEATON VANCE NATL MUN OPPORT	17,453	$287K	shares
HEQJOHN HANCOCK DIVERSIFIED INC	25,615	$262K	shares
PMMFRANKLIN MANAGED MUN INCOME	40,956	$245K	shares
SWZTOTAL RETURN SECURITIES FUND	31,779	$238K	shares
MQYBLACKROCK MUNIYILD QULT FD I	19,923	$230K	shares
VTEBVANGUARD MUN BD FDS	4,550	$228K	shares
JFRNUVEEN FLOATING RATE INCOME	24,866	$222K	shares
ABRDN JAPAN EQUITY FUND INCABRDN JAPAN EQUITY FUND INC	37,958	$218K	shares
NXJNUVEEN NEW JERSEY	16,776	$204K	shares
NUVEEN N Y SELECT TAX FREE INUVEEN N Y SELECT TAX FREE I	17,329	$197K	shares
VALUENCE MERGER CORP IVALUENCE MERGER CORP I	15,422	$178K	shares
MMUWESTERN ASSET MANAGED MUNS F	15,551	$159K	shares
JPCNUVEEN PFD & INCOME OPPORTUN	17,471	$137K	shares
VKQINVESCO MUNICIPAL TRUST	11,123	$109K	shares
CMUMFS HIGH YIELD MUN TR	26,446	$93.1K	shares
IHDVOYA EMERGING MKTS HIGH DIVI	18,513	$92.8K	shares
PIMCO MUN INCOME FD IIIPIMCO MUN INCOME FD III	11,808	$86.9K	shares

How Q1 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 0001214659-25-007826	base		2025-05-15	acceptance time not in the bulk data set	2026-10-07 18:25:06 UTC