Latest Bulldog Investors, LLC Stock Portfolio

Bulldog Investors, LLC Performance:

2025 Q4: -3.48%YTD: -0.49%2024: 2.43%

Performance for 2025 Q4 is -3.48%, and YTD is -0.49%, and 2024 is 2.43%.

About Bulldog Investors, LLC and 13F Hedge Fund Stock Holdings

On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Bulldog Investors, LLP reported an equity portfolio of $449 Millions as of 31 Dec, 2025.

The top stock holdings of Bulldog Investors, LLP are , , . The fund has invested 5.1% of it's portfolio in SRH TOTAL RETURN FUND INC and 4.6% of portfolio in BNY MELLON STRATEGIC MUN BD.

The fund managers got completely rid off EATON VANCE NEW YORK MUN BD and SURO CAPITAL CORP (SSSS) stocks. They significantly reduced their stock positions in ALLIANCEBERNSTEIN NATL MUN I and CANNAE HLDGS INC (CNNE). Bulldog Investors, LLP opened new stock positions in JOHN HANCOCK DIVERSIFIED INC and PROGRESSIVE CORP (PGR). The fund showed a lot of confidence in some stocks as they added substantially to EQV VENTURES AC CORP. II, NORWOOD FINANCIAL CORP (NWFL) and BARINGS BDC INC (BBDC).

Bulldog Investors, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Bulldog Investors, LLP made a return of -3.48% in the last quarter. In trailing 12 months, it's portfolio return was -0.49%.

Performance
S&P 500

New Buys

Ticker	$ Bought
john hancock diversified inc	4,103,960
bluerock pvt real estate fd	3,637,560
bain cap gss invt corp	2,989,520
blue owl capital corporation	2,961,760
meshflow acquisition corp	2,891,000
daedalus spl acquisition cor	2,710,800
xai octagn flt rat & alt inm	2,440,140
cohen & steers infrastructur	2,435,180

New stocks bought by Bulldog Investors, LLC

Additions

Ticker	% Inc.
eqv ventures ac corp. ii	902
norwood financial corp	587
barings bdc inc	370
texas pacific land corporati	226
wen acquisition corp	212
lightwave acquisition corp	160
lightwave acquisition corp	160
bny mellon strategic muns in	104

Additions to existing portfolio by Bulldog Investors, LLC

Reductions

Ticker	% Reduced
alliancebernstein natl mun i	-98.88
aa mission acquisition corp	-95.55
mckinley acquisition corp	-92.2
talon cap corp	-90.99
d. boral arc acq i corp.	-90.05
cslm digita asset acq corp i	-89.99
m3-brigade acquisition vi co	-86.78
silver pegasus acquisition c	-82.56

Bulldog Investors, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
eaton vance new york mun bd	-4,772,470
eqv ventures acquisition cor	-4,174,840
soulpower acquisition corp	-3,396,480
m3brigade acquisition v corp	-3,448,550
launch two acquisition corp.	-3,070,870
silverbox corp iv	-2,881,040
andretti acquisition corp ii	-2,727,280
virtus total return fd inc	-1,658,820

Bulldog Investors, LLC got rid off the above stocks

Sector Distribution

Bulldog Investors, LLP has about 80.5% of it's holdings in Others sector.

Sector	%
Others	80.5
Financial Services	13.6
Industrials	2.8
Consumer Cyclical	1.6
Real Estate	1.5

Market Cap. Distribution

Bulldog Investors, LLP has about 1.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	80.5
SMALL-CAP	13.5
MICRO-CAP	2.5
MID-CAP	1.6
LARGE-CAP	1.4

Stocks belong to which Index?

About 9.1% of the stocks held by Bulldog Investors, LLP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	90.9
RUSSELL 2000	7.7
S&P 500	1.4

Top 5 Winners (%)		%
	blue wtr acquisition corp. i	204.6 %
	cn healthy food tech group c	134.4 %
	blue acquisition corp.	68.9 %
	eureka acquisition corp	58.3 %
	flag ship acquisition corp	58.2 %

Top 5 Winners ($)		$
	bny mellon strategic mun bd	0.7 M
	srh total return fund inc	0.4 M
	blue owl technology fin corp	0.4 M
CB	chubb limited	0.3 M
CION	cion invt corp	0.3 M

Top 5 Losers (%)		%
TPL	texas pacific land corporati	-59.5 %
	berto acquisition corp	-44.8 %
	m3brigade acquisition v corp	-44.7 %
	sim acquisition corp. i	-41.7 %
OFS	ofs cap corp	-38.1 %

Top 5 Losers ($)		$
TPL	texas pacific land corporati	-13.4 M
RWAY	runway growth finance corp	-1.4 M
CNNE	cannae hldgs inc	-1.3 M
	general amern invs co inc	-1.1 M
	neuberger next generation	-1.1 M

Bulldog Investors, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Bulldog Investors, LLC

Bulldog Investors, LLP has 221 stocks in it's portfolio. About 35.2% of the portfolio is in top 10 stocks. TPL proved to be the most loss making stock for the portfolio. was the most profitable stock for Bulldog Investors, LLP last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ALX	alexanders inc	1.36	28,000	6,102,320	added	24.44

BBDC	barings bdc inc	0.65	317,307	2,912,880	added	370

CB	chubb limited	0.97	14,000	4,369,680	added	75.00

CCAP	crescent cap bdc inc	1.43	457,518	6,428,130	added	4.57

CION	cion invt corp	3.31	1,538,070	14,873,100	unchanged	0.00

CNNE	cannae hldgs inc	1.60	456,191	7,175,880	reduced	-13.72

FSK	fs kkr cap corp	1.60	486,352	7,202,870	added	101

GYRO	gyrodyne llc	0.12	60,000	540,600	unchanged	0.00

ICMB	investcorp cr mgmt bdc inc	0.33	554,197	1,496,330	added	6.02

MRCC	monroe cap corp	1.35	954,816	6,082,180	added	46.66

NWFL	norwood financial corp	0.40	64,145	1,799,270	added	587

NXDT	nexpoint diversified rel et	0.25	293,119	1,122,640	added	5.14

OFS	ofs cap corp	0.06	57,639	274,362	unchanged	0.00

PBBK	pb bankshares inc	0.52	110,000	2,326,500	unchanged	0.00

PFX	phenixfin corp	0.19	19,218	849,051	unchanged	0.00

PGR	progressive corp	0.41	8,000	1,821,760	new

RWAY	runway growth finance corp	2.39	1,200,870	10,723,800	added	15.33

SSSS	suro capital corp	0.00	0.00	0.00	sold off	-100

TPL	texas pacific land corporati	2.03	31,700	9,104,870	added	226

TRC	tejon ranch co	2.78	791,492	12,481,800	added	0.13