SEC Filing Analysis: SPIRIT OF AMERICA MANAGEMENT CORP/NY

Executive Summary

• Trading Significance: Low
• Key Takeaway: SPIRIT OF AMERICA MANAGEMENT CORP/NY filed its quarterly Form 13F-HR, reporting $498.56 million in managed assets as of September 30, 2025. The filing provides a snapshot of the firm's holdings, which is useful for tracking institutional ownership but is not a timely indicator for trading.
• Market Impact: Neutral. As a routine quarterly disclosure, 13F filings are backward-looking and generally do not cause significant market volatility. The information is primarily used for long-term analysis of institutional sentiment and portfolio allocation trends.

Filer Information

Field	Value
Filer Name	SPIRIT OF AMERICA MANAGEMENT CORP/NY
Ticker Symbol	null
CIK	0001041283
Total Portfolio Value	$498,557,920
Number of Holdings	386

Portfolio Summary

This Form 13F-HR is a mandatory quarterly report for institutional investment managers with over $100 million in assets under management. It discloses their long positions as of the end of the quarter.

Field	Value
Form Type	13F-HR
Period of Report Date	2025-09-30
Filing Date	2025-10-15

Top 10 Holdings by Market Value

Issuer	CUSIP	Shares	Market Value ($)
NVIDIA Corp.	67066G104	169,220	31,573,068
Alphabet, Inc.	02079K305	44,400	10,793,640
Microsoft Corp.	594918104	19,299	9,995,917
Apple, Inc.	037833100	35,882	9,136,634
Oracle Corp.	68389X105	29,375	8,261,425
Williams Cos, Inc./The	969457100	133,382	8,449,750
Marathon Petroleum Corp.	56585A102	41,225	7,945,707
Valero Energy Corp.	91913Y100	42,769	7,281,850
JPMorgan Chase & Co.	46625H100	21,992	6,936,937
Enbridge, Inc.	29250N105	140,627	7,096,038

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: This filing reports positions held over two weeks prior to the filing date. The market has likely already priced in any major shifts from large institutions. The value of a 13F lies in trend analysis over multiple quarters, not as a short-term trading signal.

Volume & Sentiment

• Expected Volume Impact: Minimal. No significant trading volume is expected as a direct result of this filing.
• Sentiment Indicator: Mixed/Diversified. The portfolio shows significant holdings across Technology (NVIDIA, Alphabet, Microsoft), Energy (Williams, Marathon, Valero), and Financials (JPMorgan), indicating a diversified strategy rather than a concentrated bet on a single sector.

Investment Insights

Portfolio Themes

• Heavy Tech Concentration: The top holdings are dominated by mega-cap technology and semiconductor companies, reflecting a bullish stance on the sector.
• Significant Energy Exposure: A substantial portion of the portfolio is allocated to energy infrastructure and refining companies, suggesting a view on stable cash flows and energy prices.
• Real Estate & REITs: The portfolio contains a large number of Real Estate Investment Trusts (REITs) across various sub-sectors (data centers, residential, industrial), indicating a focus on income and real assets.

Key Takeaways

1. Diversified Strategy: The firm maintains a highly diversified portfolio with 386 positions, spreading risk across multiple sectors.
2. Bullish on Big Tech: The largest single-stock positions are in market-leading technology firms, showing confidence in their continued growth.
3. Backward-Looking Data: The primary limitation of this analysis is that the data is as of September 30, 2025. The firm's current positions may have changed significantly since then.

Contextual Analysis

Filing Purpose

Form 13F is a required disclosure for institutional managers to promote transparency. It reveals long positions, but not short positions, and does not include cash or certain other asset types. This provides an incomplete but valuable picture of a manager's portfolio.

Timing Significance

The filing was made on October 15, 2025, for the period ending September 30, 2025. This is well within the 45-day deadline post-quarter-end, representing standard operating procedure.

Risk Assessment

Risk Level: Low

Analytical Risks

• Stale Data: The primary risk is relying on this data for current investment decisions. The portfolio is a snapshot from the past.
• Incomplete Picture: The filing does not disclose short positions, derivatives (other than options), or non-U.S. securities, so it does not represent the entirety of the firm's strategy or market view.
• No 'Why': The filing shows what was held, but not why. The reasons for holding these positions are not disclosed.

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IMPORTANT DISCLAIMER: This analysis is for informational purposes only and is not intended as investment advice. The information presented is based on publicly available SEC filings and should not be construed as a recommendation to buy, sell, or hold any securities. Past performance does not guarantee future results. All investments carry risk, including the potential loss of principal. Please consult with a qualified financial advisor before making any investment decisions.

Analysis generated on 2025-10-15 | Data source: SEC EDGAR