SMH CAPITAL ADVISORS INC
CIK 0001180391
Annualised vol
4.683321%
Beta
0.132165
HHI
409.141856
Top-10 weight
52.538174%
VaR 95%
0.413418%
VaR 99%
0.87488%
Max drawdown
10.814485%
Matched value
41.08482%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| CSWC | REDUCED | 963,072 | 11,472,364 | -91.61% | 2,821,634 |
| WT | REDUCED | 517,888 | 566,894 | -8.64% | 1,117,759 |
| OWL | ADDED | 122,538 | 97,598 | 25.55% | 1,114,712 |
| SM | REDUCED | 37,399 | 37,445 | -0.12% | 976,119 |
| HTGC | ADDED | 59,466 | 41,065 | 44.81% | 937,779 |
| CG | REDUCED | 18,627 | 18,827 | -1.06% | 784,371 |
| RITM | REDUCED | 65,630 | 65,970 | -0.52% | 616,269 |
| ARCC | ADDED | 25,003 | 11,000 | 127.3% | 463,306 |
| LYFT | ADDED | 390,000 | 200,000 | 95.0% | 408,330 |
| RWAY | ADDED | 56,770 | 14,000 | 305.5% | 318,480 |
| EZPW | UNCHANGED | 9,142 | 9,142 | 0.0% | 316,039 |
| CGBD | REDUCED | 21,946 | 22,138 | -0.87% | 231,091 |
| SLRC | NEW | 15,714 | - | - | 194,381 |
| SLQT | REDUCED | 116,656 | 117,917 | -1.07% | 98,119 |
| TCPC | NEW | 24,717 | - | - | 83,049 |
| RIOT | CLOSED OUT | 0 | 1,100,000 | -100.0% | 0 |
| MARA | CLOSED OUT | 0 | 500,000 | -100.0% | 0 |
| BL | CLOSED OUT | 0 | 200,000 | -100.0% | 0 |
| HPK | CLOSED OUT | 0 | 28,354 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | TRINITY CAP INC | COM | 896442308 | 3,046,547 | 11.94 | 170293.0 | |
| CSWC | REDUCED | CAPITAL SOUTHWEST CORP | COM | 140501107 | 1,903,314 | 7.46 | 80072.0 |
| - | VICI PPTYS INC | COM | 925652109 | 1,419,654 | 5.56 | 53471.0 | |
| - | ALPHATEC HLDGS INC | NOTE 0.750% 3/1 | 02081GAD4 | 1,383,983 | 5.42 | 1453000.0 | |
| - | MAIN STR CAP CORP | COM | 56035L104 | 1,136,518 | 4.45 | 21907.0 | |
| SM | REDUCED | SM ENERGY COMPANY | COM | 78454L100 | 976,119 | 3.83 | 37399.0 |
| HTGC | ADDED | HERCULES CAPITAL INC | COM | 427096508 | 937,779 | 3.68 | 59466.0 |
| CSWC | REDUCED | CAPITAL SOUTHWEST CORP | NOTE 5.125%11/1 | 140501AE7 | 918,320 | 3.6 | 883000.0 |
| OWL | ADDED | BLUE OWL CAPITAL INC | COM CL A | 09581B103 | 896,779 | 3.52 | 102489.0 |
| CG | REDUCED | CARLYLE GROUP INC | COM | 14316J108 | 784,371 | 3.07 | 18627.0 |
| WT | REDUCED | WISDOMTREE INC | NOTE 3.250% 8/1 | 97717PAH7 | 746,976 | 2.93 | 496000.0 |
| - | INNOVATIVE INDL PPTYS INC | COM | 45781V101 | 619,800 | 2.43 | 10000.0 | |
| RITM | REDUCED | RITHM CAPITAL CORP | COM NEW | 64828T201 | 616,269 | 2.42 | 65630.0 |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 602,073 | 2.36 | 806.0 | |
| ARCC | ADDED | ARES CAPITAL CORP | COM | 04010L103 | 463,306 | 1.82 | 25003.0 |
| - | VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | 458,919 | 1.8 | 7688.0 | |
| - | ISHARES TR | MSCI EAFE ETF | 464287465 | 444,799 | 1.74 | 4282.0 | |
| - | FORD MTR CO | COM | 345370860 | 434,764 | 1.7 | 31278.0 | |
| LYFT | ADDED | LYFT INC | NOTE 0.625% 3/0 | 55087PAD6 | 408,330 | 1.6 | 390000.0 |
| WT | REDUCED | WISDOMTREE INC | COM | 97717P104 | 370,783 | 1.45 | 21888.0 |
| - | ADAMS DIVERSIFIED EQUITY FD | COM | 006212104 | 339,355 | 1.33 | 13282.0 | |
| RWAY | ADDED | RUNWAY GROWTH FINANCE CORP | COM | 78163D100 | 318,480 | 1.25 | 56770.0 |
| EZPW | UNCHANGED | EZCORP INC | CL A NON VTG | 302301106 | 316,039 | 1.24 | 9142.0 |
| - | CALAMOS STRATEGIC TOTAL RETU | COM SH BEN INT | 128125101 | 313,545 | 1.23 | 15250.0 | |
| - | NEXPOINT DIVERSIFIED REL ET | COM NEW | 65340G205 | 310,347 | 1.22 | 59797.0 | |
| - | VIRTUS EQUITY & CONV INCM FD | COM | 92841M101 | 295,416 | 1.16 | 10998.0 | |
| - | GABELLI DIVID & INCOME TR | COM | 36242H104 | 276,339 | 1.08 | 9399.0 | |
| - | EATON VANCE TAX ADVT DIV INC | COM | 27828G107 | 258,726 | 1.01 | 9347.0 | |
| - | INVESCO QQQ TR | UNIT SER 1 | 46090E103 | 256,775 | 1.01 | 349.0 | |
| - | ALLIANCEBERNSTEIN GLOBAL HIG | COM | 01879R106 | 255,323 | 1.0 | 24789.0 | |
| - | BLACKROCK CORPOR HI YLD FD I | COM | 09255P107 | 234,308 | 0.92 | 27372.0 | |
| - | DICKS SPORTING GOODS INC | COM | 253393102 | 232,934 | 0.91 | 1027.0 | |
| - | HANCOCK JOHN TAX-ADVANTAGED | COM | 41013V100 | 232,676 | 0.91 | 9128.0 | |
| CGBD | REDUCED | CARLYLE SECURED LENDING INC | COM | 872280102 | 231,091 | 0.91 | 21946.0 |
| - | BLACKROCK CR ALLOCATION | COM | 092508100 | 227,008 | 0.89 | 22212.0 | |
| - | APOLLO GLOBAL MGMT INC | COM | 03769M106 | 224,505 | 0.88 | 1898.0 | |
| OWL | ADDED | BLUE OWL CAPITAL CORPORATION | COM | 69121K104 | 217,933 | 0.85 | 20049.0 |
| - | BLACKSTONE SECD LENDING FD | COMMON STOCK | 09261X102 | 205,376 | 0.81 | 8662.0 | |
| - | PALMER SQUARE CAPITAL BDC IN | COM SHS | 69702V107 | 202,638 | 0.79 | 19447.0 | |
| SLRC | NEW | SLR INVESTMENT CORP | COM | 83413U100 | 194,381 | 0.76 | 15714.0 |
| - | COHEN & STEERS QUALITY INCOM | COM | 19247L106 | 189,845 | 0.74 | 15422.0 | |
| - | CRESCENT CAP BDC INC | COM | 225655109 | 169,555 | 0.66 | 15527.0 | |
| - | BLACKROCK MULTI SECTOR INC T | COM | 09258A107 | 165,875 | 0.65 | 13249.0 | |
| - | TEMPLETON EMERGING MKTS INCO | COM | 880192109 | 148,641 | 0.58 | 22054.0 | |
| - | NUVEEN QUALITY MUNCP INCOME | COM | 67066V101 | 141,989 | 0.56 | 11715.0 | |
| - | ALLIANCEBERNSTEIN NATL MUN I | COM | 01864U106 | 139,249 | 0.55 | 12204.0 | |
| - | NUVEEN AMT FREE QLTY MUN INC | COM | 670657105 | 138,508 | 0.54 | 11798.0 | |
| - | EATON VANCE MUN BD FD | COM | 27827X101 | 131,606 | 0.52 | 13213.0 | |
| - | U S GLOBAL INVS INC | CL A | 902952100 | 125,397 | 0.49 | 40191.0 | |
| SLQT | REDUCED | SELECTQUOTE INC | COM | 816307300 | 98,119 | 0.38 | 116656.0 |
| - | TRIPLEPOINT VENTURE GROWTH B | COM | 89677Y100 | 95,716 | 0.38 | 19494.0 | |
| - | CION INVT CORP | COM | 17259U204 | 90,958 | 0.36 | 14600.0 | |
| TCPC | NEW | BLACKROCK TCP CAPITAL CORP | COM | 09259E108 | 83,049 | 0.33 | 24717.0 |
| - | ADVANCED FLOWER CAP INC | COM | 00109K105 | 80,600 | 0.32 | 26000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 25,511,705 | 54 | 4.683321 | 0.132165 | 10.814485 |
| 2026-03-31 | 2026-08-13 | 35,358,580 | 56 | 6.685828 | 0.137855 | 16.948859 |
| 2025-12-31 | 2026-02-12 | 49,130,945 | 55 | 7.764174 | 0.154609 | 18.953192 |
| 2025-09-30 | 2025-11-13 | 49,021,311 | 51 | 6.805098 | 0.126632 | 17.177122 |
| 2025-03-31 | 2025-05-08 | 43,045,467 | 45 | 7.287602 | 0.127791 | 17.079686 |
| 2024-12-31 | 2025-02-12 | 41,446,670 | 45 | 7.246512 | 0.123566 | 17.282279 |