Almitas Capital LLC
CIK 0001596468
Annualised vol
2.334815%
Beta
0.01686
HHI
509.640203
Top-10 weight
52.377492%
VaR 95%
0.142255%
VaR 99%
0.475834%
Max drawdown
5.577951%
Matched value
20.841364%
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 ($) |
|---|---|---|---|---|---|
| FBTC | REDUCED | 1,364,522 | 1,536,637 | -11.2% | 69,658,848 |
| AMLX | REDUCED | 974,881 | 2,122,597 | -54.07% | 17,508,863 |
| DSGN | REDUCED | 1,026,893 | 1,530,335 | -32.9% | 14,859,142 |
| LYEL | ADDED | 581,407 | 577,807 | 0.62% | 8,168,768 |
| ANTX | REDUCED | 1,469,129 | 1,479,129 | -0.68% | 7,110,584 |
| JOF | REDUCED | 386,375 | 402,956 | -4.11% | 4,551,498 |
| GLO | ADDED | 709,764 | 660,796 | 7.41% | 4,343,756 |
| BRSP | REDUCED | 769,033 | 1,015,903 | -24.3% | 4,191,230 |
| ELME | ADDED | 2,619,247 | 2,607,372 | 0.46% | 3,876,486 |
| JFR | ADDED | 435,208 | 411,628 | 5.73% | 3,338,045 |
| EBF | UNCHANGED | 138,956 | 138,956 | 0.0% | 2,952,815 |
| STEW | ADDED | 133,773 | 116,755 | 14.58% | 2,394,537 |
| FLGT | UNCHANGED | 104,797 | 104,797 | 0.0% | 2,150,434 |
| RLYB | REDUCED | 120,682 | 191,206 | -36.88% | 1,930,912 |
| TRC | REDUCED | 90,257 | 94,997 | -4.99% | 1,687,806 |
| LUNG | NEW | 1,064,202 | - | - | 1,383,463 |
| AEM | NEW | 8,035 | - | - | 1,246,470 |
| BANX | REDUCED | 50,843 | 73,252 | -30.59% | 993,981 |
| NEWT | UNCHANGED | 53,570 | 53,570 | 0.0% | 793,372 |
| SWZ | ADDED | 115,581 | 46,454 | 148.81% | 686,551 |
| NEM | NEW | 6,800 | - | - | 635,120 |
| WD | UNCHANGED | 11,600 | 11,600 | 0.0% | 634,520 |
| SBET | UNCHANGED | 124,283 | 124,283 | 0.0% | 596,558 |
| TORO | NEW | 100,000 | - | - | 487,000 |
| TLPH | UNCHANGED | 467,152 | 467,152 | 0.0% | 481,167 |
| GSBD | UNCHANGED | 50,000 | 50,000 | 0.0% | 474,000 |
| CGBD | UNCHANGED | 42,885 | 42,885 | 0.0% | 451,579 |
| SKY | UNCHANGED | 5,000 | 5,000 | 0.0% | 440,600 |
| CCIF | UNCHANGED | 157,685 | 157,685 | 0.0% | 439,941 |
| FRMM | UNCHANGED | 80,408 | 80,408 | 0.0% | 436,615 |
| CABA | REDUCED | 125,900 | 337,391 | -62.68% | 391,549 |
| MMT | NEW | 83,238 | - | - | 366,247 |
| RF | NEW | 10,000 | - | - | 302,000 |
| EOSE | NEW | 50,000 | - | - | 294,000 |
| MYPS | REDUCED | 579,467 | 4,704,534 | -87.68% | 289,154 |
| TCPC | UNCHANGED | 85,000 | 85,000 | 0.0% | 285,600 |
| ZNTL | CLOSED OUT | 0 | 610,073 | -100.0% | 0 |
| NPCT | CLOSED OUT | 0 | 85,383 | -100.0% | 0 |
| ANRO | CLOSED OUT | 0 | 78,520 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| FBTC | REDUCED | FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 | 69,658,848 | 16.69 | 1364522.0 |
| - | BLACKROCK MUN TARGET TERM TR | COM SHS BEN IN | 09257P105 | 33,788,596 | 8.1 | 1485213.0 | |
| - | ASA GOLD AND PRECIOUS MTLS L | SHS | G3156P103 | 32,739,457 | 7.84 | 629121.0 | |
| AMLX | REDUCED | AMYLYX PHARMACEUTICALS INC | COM | 03237H101 | 17,508,863 | 4.2 | 974881.0 |
| DSGN | REDUCED | DESIGN THERAPEUTICS INC | COM | 25056L103 | 14,859,142 | 3.56 | 1026893.0 |
| - | PIMCO DYNAMIC INCOME STRATEG | COM SHS BEN INT | 69346N107 | 11,440,486 | 2.74 | 549495.0 | |
| - | CORNERSTONE TOTAL RETURN FD | COM | 21924U300 | 11,289,179 | 2.7 | 1572309.0 | |
| - | CANNAE HLDGS INC | COM | 13765N107 | 10,674,979 | 2.56 | 741318.0 | |
| - | NYLI CBRE GBL INFR MEGTRNDS | COM | 56064Q107 | 8,473,422 | 2.03 | 557462.0 | |
| LYEL | ADDED | LYELL IMMUNOPHARMA INC | COM NEW | 55083R203 | 8,168,768 | 1.96 | 581407.0 |
| - | BLACKROCK HEALTH SCIENCES TE | COM SHS | 09260E105 | 7,783,908 | 1.87 | 507095.0 | |
| ANTX | REDUCED | AN2 THERAPEUTICS INC | COM | 037326105 | 7,110,584 | 1.7 | 1469129.0 |
| - | TORTOISE ENERGY INFRSTRCTR C | COM | 89147L886 | 6,939,453 | 1.66 | 161872.0 | |
| - | PIMCO CALIF MUN INCOME FD | COM | 72200N106 | 6,374,118 | 1.53 | 710604.0 | |
| - | NUVEEN S&P 500 DYNAMIC OVERW | COM | 6706EW100 | 6,093,546 | 1.46 | 326907.0 | |
| - | ALX ONCOLOGY HLDGS INC | COM | 00166B105 | 6,082,552 | 1.46 | 2938431.0 | |
| - | FS SPECIALTY LENDING FD | COM SH BEN INT | 644323107 | 5,990,839 | 1.44 | 537295.0 | |
| - | PGIM SHORT DUR HIG YLD OPP F | COM | 69355J104 | 5,977,007 | 1.43 | 364674.0 | |
| - | CORNERSTONE STRATEGIC INVEST | COM | 21924B302 | 5,003,125 | 1.2 | 661789.0 | |
| - | ABERDEEN MUN INCOME FD | SH BEN INT | 552738106 | 4,937,344 | 1.18 | 878531.0 | |
| - | ISHARES TR | CORE 60 BALA ETF | 464289867 | 4,861,247 | 1.16 | 69946.0 | |
| - | SCHWAB STRATEGIC TR | US REIT ETF | 808524847 | 4,702,848 | 1.13 | 198600.0 | |
| - | BNY MELLON STRATEGIC MUN BD | COM | 09662E109 | 4,661,694 | 1.12 | 757999.0 | |
| - | LIBERTY ALL STAR EQUITY FD | SH BEN INT | 530158104 | 4,638,367 | 1.11 | 798342.0 | |
| JOF | REDUCED | JAPAN SMALLER CAPITALIZATION | COM | 47109U104 | 4,551,498 | 1.09 | 386375.0 |
| - | FIRST TR SR FLTG RATE INCOME | COM | 33733U108 | 4,502,256 | 1.08 | 466072.0 | |
| GLO | ADDED | CLOUGH GLOBAL OPPORTUNITIES | SH BEN INT | 18914E106 | 4,343,756 | 1.04 | 709764.0 |
| BRSP | REDUCED | BRIGHTSPIRE CAPITAL INC | COM CL A | 10949T109 | 4,191,230 | 1.0 | 769033.0 |
| - | DTF TAX-FREE INCOME 2028 TER | COM | 23334J107 | 4,101,278 | 0.98 | 355089.0 | |
| - | CRESCENT CAP BDC INC | COM | 225655109 | 3,897,403 | 0.93 | 356905.0 | |
| ELME | ADDED | ELME COMMUNITIES | SH BEN INT | 939653101 | 3,876,486 | 0.93 | 2619247.0 |
| - | MEXICO FD INC | COM | 592835102 | 3,735,702 | 0.9 | 170814.0 | |
| - | THE CENTRAL AND EASTERN EU I | COM | 153436100 | 3,560,370 | 0.85 | 173254.0 | |
| - | LADDER CAP CORP | CL A | 505743104 | 3,387,746 | 0.81 | 340477.0 | |
| JFR | ADDED | NUVEEN FLOATING RATE INCOME | COM | 67072T108 | 3,338,045 | 0.8 | 435208.0 |
| - | PIMCO NEW YORK MUN FD II | COM | 72200Y102 | 3,314,093 | 0.79 | 467432.0 | |
| - | TPG RE FIN TR INC | COM | 87266M107 | 3,035,665 | 0.73 | 362684.0 | |
| EBF | UNCHANGED | ENNIS INC | COM | 293389102 | 2,952,815 | 0.71 | 138956.0 |
| - | SABA CAPITAL INCOME & OPPORT | COM NEW | 880198205 | 2,904,347 | 0.7 | 347826.0 | |
| - | CLOUGH GLOBAL EQUITY FD | COM | 18914C100 | 2,854,703 | 0.68 | 331172.0 | |
| - | FIRST TR HIGH YIELD OPPRT 20 | COM | 33741Q107 | 2,723,574 | 0.65 | 198801.0 | |
| - | LIBERTY ALL-STAR GROWTH FD I | COM | 529900102 | 2,552,083 | 0.61 | 466560.0 | |
| - | FRANKLIN BSP RLTY TR INC | COMMON STOCK | 35243J101 | 2,427,267 | 0.58 | 298190.0 | |
| STEW | ADDED | SRH TOTAL RETURN FUND INC | COM | 101507101 | 2,394,537 | 0.57 | 133773.0 |
| FLGT | UNCHANGED | FULGENT GENETICS INC | COM | 359664109 | 2,150,434 | 0.52 | 104797.0 |
| RLYB | REDUCED | RALLYBIO CORP | COM | 75120L209 | 1,930,912 | 0.46 | 120682.0 |
| TRC | REDUCED | TEJON RANCH CO | COM | 879080109 | 1,687,806 | 0.4 | 90257.0 |
| - | BLACKSTONE STRATEGIC CRED 20 | COM SHS BEN IN | 09257R101 | 1,636,624 | 0.39 | 144834.0 | |
| - | MIDCAP FINANCIAL INVSTMNT CO | COM NEW | 03761U502 | 1,416,008 | 0.34 | 140477.0 | |
| LUNG | NEW | PULMONX CORP | COM | 745848101 | 1,383,463 | 0.33 | 1064202.0 |
| - | ALLIANCEBERNSTEIN NATL MUN I | COM | 01864U106 | 1,380,530 | 0.33 | 120993.0 | |
| - | BNY MELLON MUN BD INFRASTRUC | COM SHS | 09662W109 | 1,339,583 | 0.32 | 121339.0 | |
| AEM | NEW | AGNICO EAGLE MINES LTD | COM | 008474108 | 1,246,470 | 0.3 | 8035.0 |
| - | MFA FINL INC | COM | 55272X607 | 1,241,153 | 0.3 | 128086.0 | |
| - | STARWOOD PPTY TR INC | COM | 85571B105 | 1,162,980 | 0.28 | 71000.0 | |
| - | HIGH INCOME SECS FD | SHS BEN INT | 42968F108 | 1,144,991 | 0.27 | 209322.0 | |
| - | COHEN & STEERS INFRASTRUCTUR | COM | 19248A109 | 1,063,926 | 0.25 | 38562.0 | |
| BANX | REDUCED | ARROWMARK FINANCIAL CORP | COM | 861780104 | 993,981 | 0.24 | 50843.0 |
| - | GABELLI EQUITY TR INC | COM | 362397101 | 960,502 | 0.23 | 169700.0 | |
| - | NUVEEN CHURCHILL DIRECT LEND | COM SHS | 67090S108 | 871,387 | 0.21 | 70160.0 | |
| - | ARES COML REAL ESTATE CORP | COM | 04013V108 | 814,293 | 0.2 | 180954.0 | |
| - | EAGLE POINT INCOME COMPANY I | COM | 269817102 | 811,108 | 0.19 | 80547.0 | |
| - | BLACKROCK SCIENCE & TECHNOLO | SHS BEN INT | 09260K101 | 805,104 | 0.19 | 26810.0 | |
| NEWT | UNCHANGED | NEWTEKONE INC | COM NEW | 652526203 | 793,372 | 0.19 | 53570.0 |
| - | CLOUGH GLOBAL DIVID & INCOME | COM | 18913Y103 | 735,101 | 0.18 | 110708.0 | |
| - | NEUBERGER NEXT GENERATION | COMMON STOCK | 64133Q108 | 699,592 | 0.17 | 42297.0 | |
| SWZ | ADDED | TOTAL RETURN SECURITIES FUND | COM | 870875101 | 686,551 | 0.16 | 115581.0 |
| NEM | NEW | NEWMONT CORP | COM | 651639106 | 635,120 | 0.15 | 6800.0 |
| WD | UNCHANGED | WALKER & DUNLOP INC | COM | 93148P102 | 634,520 | 0.15 | 11600.0 |
| - | VOYA EMERGING MKTS HIGH DIVI | COM | 92912P108 | 609,656 | 0.15 | 78161.0 | |
| - | CAVCO INDS INC DEL | COM | 149568107 | 609,465 | 0.15 | 992.0 | |
| SBET | UNCHANGED | SHARPLINK INC | COM NEW | 820014405 | 596,558 | 0.14 | 124283.0 |
| - | EATON VANCE SR FLTNG RTE TR | COM | 27828Q105 | 576,566 | 0.14 | 54393.0 | |
| - | BLACKSTONE SENI FLTN RAT 202 | COM | 09256U105 | 575,899 | 0.14 | 44471.0 | |
| - | CALAMOS GBL DYN INCOME FUND | COM | 12811L107 | 570,890 | 0.14 | 64073.0 | |
| - | BNY MELLON STRATEGIC MUNS IN | COM | 05588W108 | 530,146 | 0.13 | 82066.0 | |
| - | CALAMOS LNG SHR EQT DYNAMIC | COM | 12812C106 | 504,679 | 0.12 | 38584.0 | |
| TORO | NEW | TORO CORP | COM | Y8900D108 | 487,000 | 0.12 | 100000.0 |
| TLPH | UNCHANGED | TALPHERA INC | COM NEW | 00444T209 | 481,167 | 0.12 | 467152.0 |
| - | BANK OF NY MELLON CORP | COM | 064058100 | 477,213 | 0.11 | 3300.0 | |
| GSBD | UNCHANGED | GOLDMAN SACHS BDC INC | SHS | 38147U107 | 474,000 | 0.11 | 50000.0 |
| - | WESTERN ASSET INFLT LNK INC | COM SH BEN INT | 95766Q106 | 461,231 | 0.11 | 56732.0 | |
| CGBD | UNCHANGED | CARLYLE SECURED LENDING INC | COM | 872280102 | 451,579 | 0.11 | 42885.0 |
| SKY | UNCHANGED | CHAMPION HOMES INC | COM | 830830105 | 440,600 | 0.11 | 5000.0 |
| CCIF | UNCHANGED | CARLYLE CREDIT INCOME FUND | SHS BEN INT | 92535C104 | 439,941 | 0.11 | 157685.0 |
| - | CREDIT SUISSE HIGH YIELD CRE | SH BEN INT | 22544F103 | 439,706 | 0.11 | 247026.0 | |
| FRMM | UNCHANGED | FORUM MARKETS INC | COM SHS | 68236V401 | 436,615 | 0.1 | 80408.0 |
| - | EATON VANCE LIMITED DURATION | COM | 27828H105 | 434,759 | 0.1 | 46399.0 | |
| - | M & T BK CORP | COM | 55261F104 | 428,418 | 0.1 | 1800.0 | |
| - | PNC FINL SVCS GROUP INC | COM | 693475105 | 418,574 | 0.1 | 1700.0 | |
| - | NORTHERN TR CORP | COM | 665859104 | 417,216 | 0.1 | 2400.0 | |
| - | WHEELER REAL ESTATE INVT TR | 7% SR NT 31 | 963025804 | 416,831 | 0.1 | 131775.0 | |
| - | TAIWAN FD INC | COM | 874036106 | 400,452 | 0.1 | 4164.0 | |
| CABA | REDUCED | CABALETTA BIO INC | COM | 12674W109 | 391,549 | 0.09 | 125900.0 |
| - | CHIMERA INVT CORP | COM SHS | 16934Q802 | 389,221 | 0.09 | 29177.0 | |
| - | TRUIST FINL CORP | COM | 89832Q109 | 388,596 | 0.09 | 7800.0 | |
| - | ABRDN NATL MUN INCOME FD | SH BEN INT | 24610T108 | 385,982 | 0.09 | 37221.0 | |
| - | EATON VANCE SR INCOME TR | SH BEN INT | 27826S103 | 372,260 | 0.09 | 74751.0 | |
| MMT | NEW | ABERDEEN MULTI-MARKET INCOME | SH BEN INT | 552737108 | 366,247 | 0.09 | 83238.0 |
| - | FRANCO NEV CORP | COM | 351858105 | 352,264 | 0.08 | 1690.0 | |
| - | DESTRA MULTI-ALTERNATIVE FD | COMMON SHARES | 25065A502 | 338,044 | 0.08 | 45193.0 | |
| - | DUFF & PHELPS UTLITY AND INF | COM | 26433C105 | 334,865 | 0.08 | 22565.0 | |
| - | NEW MTN FIN CORP | COM | 647551100 | 322,650 | 0.08 | 45000.0 | |
| - | MORGAN STANLEY DIRECT LENDIN | COM SHS | 61774A103 | 302,400 | 0.07 | 20000.0 | |
| RF | NEW | REGIONS FINANCIAL CORP NEW | COM | 7591EP100 | 302,000 | 0.07 | 10000.0 |
| - | ABRDN LIFE SCIENCES INVESTOR | SH BEN INT | 87911K100 | 297,649 | 0.07 | 14875.0 | |
| - | BLACKROCK LTD DURATION INCOM | COM SHS | 09249W101 | 297,537 | 0.07 | 23822.0 | |
| EOSE | NEW | EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 | 294,000 | 0.07 | 50000.0 |
| MYPS | REDUCED | PLAYSTUDIOS INC | CLASS A COM | 72815G108 | 289,154 | 0.07 | 579467.0 |
| - | KAYNE ANDERSON ENERGY INFRST | COM | 486606106 | 287,650 | 0.07 | 20799.0 | |
| TCPC | UNCHANGED | BLACKROCK TCP CAPITAL CORP | COM | 09259E108 | 285,600 | 0.07 | 85000.0 |
| - | FS KKR CAP CORP | COM | 302635206 | 283,826 | 0.07 | 27031.0 | |
| - | BLACKSTONE LONG SHORT CR INC | COM SHS BN INT | 09257D102 | 272,925 | 0.07 | 25085.0 | |
| - | GOLUB CAP BDC INC | COM | 38173M102 | 257,600 | 0.06 | 20000.0 | |
| - | BLACKROCK MULTI SECTOR INC T | COM | 09258A107 | 244,678 | 0.06 | 19543.0 | |
| - | EATON VANCE TAX-MANAGED GLOB | COM | 27829C105 | 243,661 | 0.06 | 25276.0 | |
| - | HANCOCK JOHN PREM DIVID FD | COM SH BEN INT | 41013T105 | 207,679 | 0.05 | 16037.0 | |
| - | BNY MELLON HIGH YIELD STRATE | SH BEN INT | 09660L105 | 192,789 | 0.05 | 79665.0 | |
| - | BLACKROCK CR ALLOCATION | COM | 092508100 | 190,705 | 0.05 | 18660.0 | |
| - | BAIN CAP SPECIALTY FIN INC | COM STK | 05684B107 | 187,800 | 0.04 | 15000.0 | |
| - | CREDIT SUISSE ASSET MGMT | COM | 224916106 | 155,161 | 0.04 | 62565.0 | |
| - | BLACKROCK CORE BD TR | SHS BEN INT | 09249E101 | 154,166 | 0.04 | 16812.0 | |
| - | COHEN & STEERS TOTAL RETURN | COM | 19247R103 | 152,175 | 0.04 | 13443.0 | |
| - | NUVEEN CR STRATEGIES INCOME | COM SHS | 67073D102 | 136,279 | 0.03 | 28041.0 | |
| - | BLACKROCK MUNIHLDNGS CALI | COM | 09254L107 | 130,781 | 0.03 | 11900.0 | |
| - | RIVERNORTH DOUBLELINE STRATE | COM | 76882G107 | 112,025 | 0.03 | 14511.0 | |
| - | MFS GOVT MKTS INCOME TR | SH BEN INT | 552939100 | 57,400 | 0.01 | 20000.0 | |
| - | GAMCO GLOBAL GOLD NAT RES & | COM SH BEN INT | 36465A109 | 49,716 | 0.01 | 10272.0 | |
| - | GRANITE PT MTG TR INC | COM STK | 38741L107 | 22,488 | 0.01 | 14992.0 | |
| - | COHEN & STEERS QUALITY INCOM | RIGHT 07/15/2026 | 19247L122 | 745 | 0.0 | 50000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-17 | 417,358,165 | 130 | 2.334815 | 0.01686 | 5.577951 |
| 2026-03-31 | 2026-05-15 | 442,546,640 | 115 | 3.158711 | 0.019492 | 8.789715 |
| 2025-12-31 | 2026-02-17 | 454,173,562 | 107 | 2.827432 | 0.01668 | 8.175948 |
| 2025-09-30 | 2025-11-17 | 436,904,531 | 66 | 2.904959 | 0.016304 | 8.398894 |
| 2025-03-31 | 2025-05-15 | 301,394,452 | 81 | 2.14492 | 0.026024 | 4.854182 |
| 2024-12-31 | 2025-02-14 | 456,345,705 | 92 | 1.766418 | 0.027059 | 3.465995 |