Stansberry Asset Management has made some notable bitcoin-centric additions to its portfolio holdings, including Strategy Inc's STRD preferred shares, in two of its flagship investment vehicles.
According to recent fund disclosures, both the SAM All-Weather and SAM Total Alpha funds have established positions in the preferred stock.
The SAM All-Weather fund, which emphasizes capital preservation and superior risk-adjusted returns across market cycles, now holds 113,703 shares of STRD, representing 2.11% of the fund's total assets. This position reflects a substantial increase of 63,044 shares, marking a 124.45% change as of December 31, 2024. The strategic addition aligns with the fund's multi-asset class approach and its focus on diversification across low-correlation investments.
Meanwhile, SAM Total Alpha, which balances growth objectives with capital preservation and income generation, has acquired 38,778 shares of STRD, accounting for 1.86% of its total assets. This represents a new position for the fund, with all shares added during the recent reporting period.
STRD, or Strategy Inc's Series A Perpetual Stride Preferred Stock, offers a 10% non-cumulative annual dividend, making it the highest-yielding security in Strategy's preferred stock suite.
Stansberry Asset Management, based in Westlake, manages more than $1 billion in assets across multiple investment strategies, drawing upon research from its sister company, Stansberry Research, to build diversified portfolios for its clients.
Stansberry Research noted in November that, despite headwinds, bitcoin markets are still showing bullish signs.
"As we've covered, bitcoin's leverage-driven decline seems to have come to an end," the firm's director of research, Matt Weinschenk, wrote. "The fundamentals are intact, as regulation and financial markets favor a bright future for bitcoin... And the debasement of the dollar will likely continue as inflation rages and interest rates head lower. All that is reason to believe that bitcoin still has plenty of room to run."