Gridiron Partners LLC Portfolio Shifts in Q2 2026

Gridiron Partners LLC's portfolio underwent significant transformations during the quarter ending June 30, 2026. According to filings on InsiderSet, there were notable increases and decreases in various holdings.

Significant Purchases This Quarter

The investor demonstrated a clear preference for expanding positions within the munitions fund category during Q2 2026:

• Purchased EMB (iShares Core Senior Floating Rate Loan Fund ETF): Gridiron Partners significantly increased their stake in this fund by acquiring an additional 50,421 shares representing a 100.52% increase from the previous period.
• Purchased DBL (DoubleLine Opportunistic Credit Fund): The investor added 191,741 shares to this fund, boosting its allocation by 123.94%.
• Purchased XEFRX (Eaton Vance Senior Floating Rate Fund Institutional Class): Gridiron acquired a substantial number of 364,446 shares in this fund.
• Purchased VVR (Invesco Senior Income Fund): The investor added nearly half a million 986,397 shares to this position during the quarter.
• Purchased GOF (Guggenheim Strategic Income Fund): Gridiron acquired almost two and a half million 216,477 shares in this fund.
• Purchased BND (Vanguard Balanced Index Fund): The investor increased their position by acquiring an additional 70,414 shares.

Strategic Sales and Exits This Quarter

In contrast to the buying activity, Gridiron Partners also executed several exits from munitions funds:

• Sold NMZ (Nuveen Municipal High Income Opportunities Fund): The position was reduced by 218,213 shares, decreasing its portfolio allocation percentage from 0.56 to a negligible level.
• Sold NZF (Nuveen Municipal Credit Income Fund): Gridiron sold 139,367 shares of this fund during the quarter.
• Sold XNEAX (Nuveen AMT-Free Quality Municipal Fund Institutional Class): The position was completely liquidated by selling 108,230 shares.
• Sold VGM (Invesco Senior Investment Grade Municipal Fund): Gridiron sold a significant portion of this fund's holdings, specifically 102,697 shares.
• Sold VGM (Invesco Senior Investment Grade Municipal Fund): Gridiron sold a significant portion of this fund's holdings, specifically 102,697 shares.
• Sold DSL (DoubleLine Income Solutions Fund): The position was reduced by selling 72,898 shares, decreasing its allocation.
• Sold NMCO (Nuveen Municipal Credit Opportunities Fund): Gridiron sold a substantial number of shares from this fund, specifically 65,968 shares.
• Sold LEO (BNY Mellon Strategic Municipal Income Fund): Gridiron sold a substantial number of shares from this fund, specifically 64,209 shares.
• Sold XNEAX (Nuveen AMT-Free Quality Municipal Fund Institutional Class): Gridiron sold a substantial number of shares from this fund, specifically 108,230 shares.
• Sold NVG (Nuveen AMT-Free Municipal Fund): Gridiron sold almost all of this fund's holdings, specifically 145,835 shares.

These actions resulted in a net reduction of the portfolio's overall holding count from 50 to potentially fewer positions. The significant buying and selling activities suggest active management focused on optimizing returns within specific sectors.