Delphi Financial Group, Inc.

Wilmington, DE · CIK 859139 · 13F filing filed 2026-08-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityDELPHI FINANCIAL GROUP, INC. (US)

Others nearbyWilmington, DE

$202.3m reported value -8.7% vs Q1 2026

26positions

81.3%in top 10

2 new 3 added 3 reduced 8 sold out vs Q1 2026

This report includes the holdings of 2 other managers that share the investment decisions:

Acorn Advisory Capital L.P. – reports through this filing
Delphi Capital Management, Inc. – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	DBX ETF TR XTRACK HRVST CSI ASHR	ASHR	992,880	$36.4m17.99%	17.99%	Added +402.6k	+402,600 68.2%
2	ENERGY TRANSFER L P COM UT LTD PTN ET	ET	1,421,945	$27.2m13.44%	13.44%	Unchanged
3	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	68,900	$25.5m12.60%	12.60%	Added +27.5k	+27,500 66.4%
4	ELLINGTON FINANCIAL INC COM EFC	EFC	1,408,396	$19.2m9.47%	9.47%	Unchanged
5	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	31,569	$15.1m7.45%	7.45%	Reduced -16.3k	-16,261 -34.0%
6	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	217,672	$11.0m5.43%	5.43%	Reduced -429.0k	-429,023 -66.3%
7	RITHM CAPITAL CORP COM NEW RITM	RITM	1,081,000	$10.2m5.02%	5.02%	Unchanged
8	WALMART INC COM WMT	WMT	69,260	$7.8m3.88%	3.88%	Unchanged
9	EQT CORP COM EQT	EQT	117,450	$6.2m3.09%	3.09%	New
10	CHENIERE ENERGY INC COM NEW LNG	LNG	25,220	$6.0m2.98%	2.98%	Unchanged
11	AMAZON COM INC COM AMZN	AMZN	24,000	$5.7m2.83%	2.83%	Unchanged
12	ALPHABET INC CAP STK CL A GOOGL	GOOGL	14,950	$5.3m2.64%	2.64%	Reduced -50	-50 -0.3%
13	HUT 8 CORP COM HUT	HUT	42,900	$5.0m2.45%	2.45%	Unchanged
14	CIPHER MINING INC COM CIFR	CIFR	140,845	$3.5m1.71%	1.71%	Unchanged
15	EXPAND ENERGY CORPORATION COM EXE	EXE	36,720	$3.3m1.65%	1.65%	Unchanged
16	TERAWULF INC COM WULF	WULF	130,720	$3.2m1.60%	1.60%	Unchanged
17	SIXTH STREET SPECIALTY LENDI COM TSLX	TSLX	116,141	$2.0m0.99%	0.99%	Unchanged
18	BLACKSTONE MORTGAGE TRUST IN NOTE 5.500% 3/1 · principal BXMT 5.5 03.15.27 · principal	BXMT 5.5 03.15.27	2,000,000	$2.0m0.98%	0.98%	Unchanged
19	ISHARES TR 7-10 YR TRSY BD IEF	IEF	17,400	$1.6m0.81%	0.81%	Added +5.5k	+5,500 46.2%
20	ARES COML REAL ESTATE CORP COM ACRE	ACRE	334,937	$1.5m0.74%	0.74%	Unchanged
21	ARES CAPITAL CORP COM ARCC	ARCC	77,000	$1.4m0.71%	0.71%	Unchanged
22	OXFORD LANE CAP CORP COM OXLC	OXLC	145,030	$1.3m0.63%	0.63%	Unchanged
23	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	7,775	$593.1k0.29%	0.29%	New
24	LADDER CAP CORP CL A LADR	LADR	45,000	$447.8k0.22%	0.22%	Unchanged
25	GOLDMAN SACHS BDC INC SHS GSBD	GSBD	47,177	$447.2k0.22%	0.22%	Unchanged
26	CCC INTELLIGENT SOLUTIONS HL COM CCC	CCC	76,529	$394.9k0.20%	0.20%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ISHARES TR FXI	FXI	476,390	$17.1m476.4k shares
KARMAN HLDGS INC KRMN	KRMN	54,645	$4.4m54.6k shares
MICROSOFT CORP MSFT	MSFT	10,800	$4.0m10.8k shares
UNITED PARCEL SERVICE INC UPS	UPS	36,535	$3.6m36.5k shares
KRATOS DEFENSE & SEC SOLUTIO KTOS	KTOS	44,030	$3.1m44.0k shares
CAESARS ENTERTAINMENT INC NE CZR	CZR	116,890	$3.1m116.9k shares
ELLINGTON CREDIT COMPANY EARN	EARN	608,700	$2.7m608.7k shares
AEROVIRONMENT INC AVAV	AVAV	12,085	$2.2m12.1k shares