Sound Income Strategies, LLC

RIA/Wealth

Sound Income Strategies, LLC is a RIA/Wealth based in Fort Lauderdale, FL led by David Joseph Scranton, reporting $3.5B in AUM as of Q3 2025 with TSLX as the largest holding (3% allocation).

Managing PartnerDavid Joseph Scranton

Portfolio Value: $1.8B
Positions: 1,679
Top Holding: TSLX at 2.77%
Last Reported: Q3 2025

Address500 W Cypress Creek Road, Suite 290, Fort Lauderdale, FL, 33309, United States

Top Holdings

Largest long holdings in Sound Income Strategies, LLC's portfolio (23.3% of total portfolio)

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Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Sixth Street Specialty Lending TSLX	Asset Management Financial Services	$50.6M	2.77%	-$81.9K Sold	2.55% 2.4M shares	Q4 2017 Held for 7y 11m
2 Ares Capital ARCC	Asset Management Financial Services	$47.3M	2.59%	+$458.2K Bought	0.35% 2.5M shares	Q4 2017 Held for 7y 11m
3 Hercules Capital HTGC	Asset Management Financial Services	$47.0M	2.57%	-$3.0M Sold	1.52% 2.8M shares	Q4 2017 Held for 7y 11m
4 Golub Capital GBDC	Asset Management Financial Services	$45.6M	2.49%	+$877.0K Bought	1.27% 3.4M shares	Q4 2017 Held for 7y 11m
5 iShares 0-5 Year High Yield Corporate Bond SHYG	ETF ETF	$42.9M	2.35%	-$820.8K Sold	— 1.0M shares	Q4 2017 Held for 7y 11m
6 Blue Owl Capital OBDC	Financial - Credit Services Financial Services	$41.5M	2.27%	+$1.2M Bought	0.66% 3.4M shares	Q4 2022 Held for 2y 11m
7 VanEck Emerging Markets High Yield Bond HYEM	ETF ETF	$40.7M	2.22%	-$823.3K Sold	— 2.0M shares	Q4 2017 Held for 7y 11m
8 iShares J.P. Morgan EM High Yield Bond EMHY	ETF ETF	$39.7M	2.17%	-$627.7K Sold	— 1.0M shares	Q4 2017 Held for 7y 11m
9 PennantPark Floating Rate Capital PFLT	Asset Management Financial Services	$35.7M	1.95%	+$2.0M Bought	4.16% 4.1M shares	Q4 2017 Held for 7y 11m
10 Blackstone Secured Lending Fund BXSL	Asset Management Financial Services	$34.5M	1.89%	+$2.1M Bought	0.59% 1.4M shares	Q1 2023 Held for 2y 8m

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Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Sound Income Strategies, LLC's latest filing

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Market Value

$1.8B

Prior: $1.7B

Q/Q Change

+4.91%

+$85.5M

Net Flows % of MV

+2.85%

Turnover Ratio

6.75%

New Purchases

125 stocks

$36.9M

Added To

367 stocks

+$104.7M

Sold Out Of

141 stocks

$1.7M

Reduced Holdings

469 stocks

-$87.8M

Increased Positions

Position	Shares Δ	Change
1 HF Sinclair DINO	New	0 → 274.0K +$14.3M
2 RWAY Runway Growth Finance Corp. RWAY	New	0 → 1.4M +$13.8M
3 QGRW WisdomTree U.S. Quality Growth Fund QGRW	New	0 → 102.9K +$6.0M
4 TJUL Innovator Equity Defined Protection ETF TJUL	New	0 → 14.6K +$427.6K
5 Galaxy Digital Inc. Class A Common Stock GLXY	New	0 → 5.2K +$220.7K

Decreased Positions

Position	Shares Δ	Change
1 Innovator Premium Income 40 Barrier ETF JULQ	Sold	8.1K → 0 −$201.3K
2 ARP PMV Adaptive Risk Parity ARP	Sold	4.9K → 0 −$139.7K
3 TLTW iShares 20 Year Treasury Bond BuyWrite Strategy TLTW	Sold	5.5K → 0 −$127.5K
4 Chesapeake Utilities Corporation CPK	Sold	791.0 → 0 −$95.1K
5 Walgreens Boots Alliance WBA	Sold	7.0K → 0 −$80.3K

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Analytics

Portfolio insights and performance metrics for Sound Income Strategies, LLC

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Sector Allocation

Financial Services

28.20%

ETF

23.50%

Real Estate

10.10%

Consumer Cyclical

6.00%

Technology

5.90%

Communication Services

5.00%

Energy

4.50%

Healthcare

4.40%

Industrials

2.50%

Utilities

2.40%

Consumer Defensive

2.40%

Basic Materials

1.80%

Market Cap Distribution

Mega Cap (> $200B)

12.47%

Large Cap ($10B - $200B)

31.26%

Mid Cap ($2B - $10B)

24.39%

Small Cap ($300M - $2B)

4.15%

Micro Cap ($50M - $300M)

1.14%

Nano Cap (< $50M)

0.02%

N/A (ETF or Unknown)

26.57%

Portfolio Concentration

Top 10 Holdings %

23.26%

Top 20 Holdings %

37.26%

Top 50 Holdings %

65.11%

Top 100 Holdings %

86.79%