Derbend Asset Management

**Derbend Asset Management** is a $\$203\text{M}$ AUM manager maintaining a focused portfolio of 114 positions. The strategy exhibits significant allocations to income-generating and large-cap equity vehicles, highlighted by top holdings such as IVW ($\$22.2\text{M}$), JEPI ($\$14.2\text{M}$), and IVE ($\$13.8\text{M}$). Further concentration is evident in covered call strategies, with JEPQ ($\$10.8\text{M}$) and QUAL ($\$8.8\text{M}$) rounding out the core equity exposure.

📌 Top Holdings