Almitas Capital LLC
- SEC CIK
- 0001596468
- Latest filing
- Aug 14, 2026
Holdings in Q2 2025
Holdings as of Jun 30, 2025, filed Aug 14, 2025. Long positions only; changes compare share counts with Q1 2025.
- Positions
- 82
- +1 vs. Q1 2025
- Portfolio value
- $396.4M
- +$95.0M (+31.5%) vs. Q1 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| FBTCFidelity Wise Origin Bitcoin Fund | SHS | 1,611,637 | $151.5M | 38.2% | −40,772−2.5% | Reduced | History |
| BTTBlackRock Municipal 2030 Target Term Trust | COM SHS BEN IN | 1,558,260 | $34.1M | 8.6% | −6020.0% | Reduced | History |
| FETHFidelity Ethereum Fund | SHS | 650,000 | $16.4M | 4.1% | +650,000 | New | History |
| AMLXAmylyx Pharmaceuticals, Inc. | COM | 2,122,597 | $13.6M | 3.4% | 00.0% | Unchanged | History |
| Pioneer High Income Tr72369H106 | COM | 1,604,088 | $13.0M | 3.3% | +1,604,088 | New | – |
| MAVPioneer Municipal High Income Advantage Fund, Inc. | COM | 1,244,033 | $10.3M | 2.6% | +937,516+305.9% | Added | History |
| MHIPioneer Municipal High Income Fund, Inc. | COM SHS | 1,020,245 | $9.35M | 2.4% | +749,437+276.7% | Added | History |
| MIOPioneer Municipal High Income Opportunities Fund, Inc. | COMMON STOCK | 790,809 | $9.33M | 2.4% | +575,939+268.0% | Added | History |
| NQPNuveen Pennsylvania Quality Municipal Income Fund | COM | 711,065 | $7.98M | 2.0% | −72,738−9.3% | Reduced | History |
| CNNECannae Holdings, Inc. | COM | 320,986 | $6.69M | 1.7% | +177,335+123.4% | Added | History |
| CRFCornerstone Total Return Fund Inc | COM | 831,088 | $6.44M | 1.6% | +831,088 | New | History |
| ENXEaton Vance New York Municipal Bond Fund | COM | 673,354 | $6.26M | 1.6% | −24,841−3.6% | Reduced | History |
| MXFMexico Fund Inc | COM | 329,680 | $5.79M | 1.5% | −14,584−4.2% | Reduced | History |
| BRSPBrightSpire Capital, Inc. | COM CL A | 1,029,464 | $5.20M | 1.3% | +551,049+115.2% | Added | History |
| DSGNDesign Therapeutics, Inc. | COM | 1,530,435 | $5.16M | 1.3% | +77,539+5.3% | Added | History |
| LYELLyell Immunopharma, Inc. | COM NEW | 579,997 | $5.13M | 1.3% | +455,867+367.2% | AddedConverted for a 1-for-20 split | History |
| JOFJapan Smaller Capitalization Fund Inc | COM | 511,819 | $4.93M | 1.2% | 00.0% | Unchanged | History |
| CCAPCrescent Capital BDC, Inc. | COM | 348,015 | $4.91M | 1.2% | +323,815+1,338.1% | Added | History |
| ITOSiTeos Therapeutics, Inc. | COM | 487,204 | $4.86M | 1.2% | +212,084+77.1% | Added | History |
| DSMBNY Mellon Strategic Municipal Bond Fund, Inc. | COM | 851,087 | $4.77M | 1.2% | 00.0% | Unchanged | History |
| ETHAiShares Ethereum Trust ETF | SHS | 219,405 | $4.18M | 1.1% | +219,405 | New | History |
| CXEMFS High Income Municipal Trust | SH BEN INT | 1,103,430 | $3.95M | 1.0% | +56,428+5.4% | Added | History |
| DTFDTF Tax-Free Income 2028 Term Fund Inc | COM | 350,128 | $3.92M | 1.0% | +40,517+13.1% | Added | History |
| CXHMFS Investment Grade Municipal Trust | SH BEN INT | 448,169 | $3.42M | 0.9% | −22,266−4.7% | Reduced | History |
| PHDPioneer Floating Rate Fund, Inc. | COM | 338,368 | $3.32M | 0.8% | +338,368 | New | History |
| JEQAbrdn Japan Equity Fund, Inc. | COM | 416,628 | $3.14M | 0.8% | +356,024+587.5% | Added | History |
| SDHYPGIM Short Duration High Yield Opportunities Fund | COM | 178,271 | $3.00M | 0.8% | −18,197−9.3% | Reduced | History |
| CEECentral & Eastern Europe Fund, Inc. | COM | 173,354 | $2.69M | 0.7% | −6,836−3.8% | Reduced | History |
| GLOClough Global Opportunities Fund | SH BEN INT | 427,680 | $2.32M | 0.6% | +5,800+1.4% | Added | History |
| AFBAlliancebernstein National Municipal Income Fund | COM | 214,484 | $2.21M | 0.6% | +27,014+14.4% | Added | History |
| CMUMFS High Yield Municipal Trust | SH BEN INT | 651,635 | $2.17M | 0.5% | +235,090+56.4% | Added | History |
| ETHGrayscale Ethereum Staking Mini ETF | SHS NEW | 89,557 | $2.12M | 0.5% | +89,557 | New | History |
| MSGSMadison Square Garden Sports Corp. | CL A | 9,925 | $2.07M | 0.5% | +15+0.2% | Added | History |
| LADRLadder Capital Corp | CL A | 180,693 | $1.94M | 0.5% | +34,170+23.3% | Added | History |
| ZNTLZentalis Pharmaceuticals, Inc. | COM | 1,599,266 | $1.86M | 0.5% | −111,655−6.5% | Reduced | History |
| PCQPIMCO California Municipal Income Fund | COM | 215,362 | $1.85M | 0.5% | +10,873+5.3% | Added | History |
| AVIRAtea Pharmaceuticals, Inc. | COM | 445,386 | $1.60M | 0.4% | −269,619−37.7% | Reduced | History |
| Two HBRS Invt Corp90187BAB7 | NOTE 6.250% 1/1 | 1,613,000 | $1.60M | 0.4% | 00.0% | Unchanged | – |
| ANTXAN2 Therapeutics, Inc. | COM | 1,428,323 | $1.51M | 0.4% | +115,212+8.8% | Added | History |
| BTXBlackRock Technology & Private Equity Term Trust | SHS BEN INT | 195,710 | $1.44M | 0.4% | +2,321+1.2% | Added | History |
| WIAWestern Asset Inflation-Linked Income Fund | COM SH BEN INT | 151,642 | $1.27M | 0.3% | −7,415−4.7% | Reduced | History |
| MFICMidCap Financial Investment Corp | COM NEW | 92,717 | $1.17M | 0.3% | −50,167−35.1% | Reduced | History |
| LEOBNY Mellon Strategic Municipals, Inc. | COM | 195,840 | $1.16M | 0.3% | +50,826+35.0% | Added | History |
| PCKPIMCO California Municipal Income Fund II | COM | 215,805 | $1.16M | 0.3% | −653−0.3% | Reduced | History |
| ALXOAlx Oncology Holdings Inc | COM | 2,538,355 | $1.05M | 0.3% | +1,185,214+87.6% | Added | History |
| DMBBNY Mellon Municipal Bond Infrastructure Fund, Inc. | COM SHS | 99,948 | $1.02M | 0.3% | −3,527−3.4% | Reduced | History |
| First Tr Exchng Traded FD VI33740F110 | CONFLUENCE BDC | 213,254 | $893.5K | 0.2% | +213,254 | New | – |
| WHLRLWheeler Real Estate Investment Trust, Inc. | 7% SR NT 31 | 5,271 | $798.6K | 0.2% | 00.0% | Unchanged | History |
| MFAMfa Financial, Inc. | COM | 77,440 | $732.6K | 0.2% | 00.0% | Unchanged | History |
| FLGTFulgent Genetics, Inc. | COM | 31,060 | $617.5K | 0.2% | +2,342+8.2% | Added | History |
| RLYBRallybio Corp | COM | 1,817,492 | $614.3K | 0.2% | +516,911+39.7% | Added | History |
| LRFCLogan Ridge Finance Corp. | COM | 30,999 | $576.9K | 0.1% | +30,999 | New | History |
| CEVEaton Vance California Municipal Income Trust | SH BEN INT | 58,315 | $564.8K | 0.1% | −3,015−4.9% | Reduced | History |
| MEGINYLI CBRE Global Infrastructure Megatrends Term Fund | COM | 39,612 | $562.9K | 0.1% | −186,512−82.5% | Reduced | History |
| CABACabaletta Bio, Inc. | COM | 367,491 | $558.6K | 0.1% | 00.0% | Unchanged | History |
| GLQClough Global Equity Fund | COM | 77,303 | $550.7K | 0.1% | +6,583+9.3% | Added | History |
| HYIWestern Asset High Yield Opportunity Fund Inc. | COM | 45,718 | $547.7K | 0.1% | +45,718 | New | History |
| VTGNVistagen Therapeutics, Inc. | COM | 261,399 | $522.8K | 0.1% | +6,744+2.6% | Added | History |
| PNIPIMCO New York Municipal Income Fund II | COM | 71,558 | $480.9K | 0.1% | +25,372+54.9% | Added | History |
| HNWPioneer Diversified High Income Fund, Inc. | COM | 37,250 | $465.8K | 0.1% | +37,250 | New | History |
| BRWSaba Capital Income & Opportunities Fund | SHS NEW | 55,799 | $449.7K | 0.1% | +55,799 | New | History |
| ZTRVirtus Total Return Fund Inc. | COM | 72,019 | $448.7K | 0.1% | +27,025+60.1% | Added | History |
| ADAMAdamas Trust, Inc. | COM | 65,113 | $436.3K | 0.1% | −5,399−7.7% | Reduced | History |
| ANROAlto Neuroscience, Inc. | COM SHS | 195,145 | $429.3K | 0.1% | −39,241−16.7% | Reduced | History |
| TEAFTortoise Sustainable & Social Impact Term Fund | Closed-End Fund | 31,454 | $385.2K | 0.1% | +31,454 | New | History |
| JQCNuveen Credit Strategies Income Fund | COM SHS | 63,388 | $341.7K | 0.1% | +63,388 | New | History |
| PYNPIMCO New York Municipal Income Fund III | COM | 60,219 | $315.5K | 0.1% | +47,616+377.8% | Added | History |
| EEAEuropean Equity Fund, Inc | COM | 25,936 | $265.3K | 0.1% | −38,040−59.5% | Reduced | History |
| KIOKKR Income Opportunities Fund | COM | 20,851 | $261.9K | 0.1% | +20,851 | New | History |
| AEFabrdn Emerging Markets ex-China Fund, Inc. | COM | 41,409 | $246.0K | 0.1% | +41,409 | New | History |
| BOLDBoundless Bio, Inc. | COM | 235,505 | $237.9K | 0.1% | +1,127+0.5% | Added | History |
| TWNTaiwan Fund Inc | COM | 4,564 | $204.5K | 0.1% | −3,983−46.6% | Reduced | History |
| PZCPIMCO California Municipal Income Fund III | COM | 32,594 | $203.1K | 0.1% | +9,179+39.2% | Added | History |
| MUCBlackRock Muniholdings California Quality Fund, Inc. | CEF | 17,955 | $185.8K | <0.1% | −48,262−72.9% | Reduced | History |
| TDFTempleton Dragon Fund Inc | COM | 14,846 | $148.3K | <0.1% | −10,329−41.0% | Reduced | History |
| RGTRoyce Global Trust, Inc. | COM | 12,121 | $145.8K | <0.1% | −2,814−18.8% | Reduced | History |
| BHKBlackRock Core Bond Trust | SHS BEN INT | 14,014 | $136.2K | <0.1% | +14,014 | New | History |
| PNFPIMCO New York Municipal Income Fund | COM | 10,814 | $75.6K | <0.1% | +10,814 | New | History |
| CHWCalamos Global Dynamic Income Fund | COM | 10,000 | $71.3K | <0.1% | +10,000 | New | History |
| HPPHudson Pacific Properties, Inc. | COM | 17,729 | $48.6K | <0.1% | 00.0% | Unchanged | History |
| ADAPYAdaptimmune Therapeutics PLC | SPONDS ADR | 109,054 | $26.1K | <0.1% | +109,054 | New | History |
| LMP Cap & Income FD Inc50208A110 | RIGHT 07/11/2025 | 19,361 | $1.34K | <0.1% | +19,361 | New | – |
Sold out since Q1 2025 (19)
Positions held at the end of Q1 2025 that are gone from this filing.
| Security | Class | Shares in Q1 2025 | Value in Q1 2025 | % of portfolio in Q1 2025 | History |
|---|---|---|---|---|---|
| DMFBNY Mellon Municipal Income, Inc. | COM | 1,081,956 | $7.77M | 2.6% | History |
| STEWSRH Total Return Fund, Inc. | COM | 301,991 | $5.21M | 1.7% | History |
| NKTRNektar Therapeutics | COM | 4,610,872 | $3.14M | 1.0% | History |
| BMEZBlackRock Health Sciences Term Trust | COM SHS | 204,834 | $3.05M | 1.0% | History |
| NPCTNuveen Core Plus Impact Fund | COM BEN INT | 269,668 | $2.88M | 1.0% | History |
| IIFMorgan Stanley India Investment Fund, Inc. | COM | 104,744 | $2.55M | 0.8% | History |
| Vanguard Dividend Appreciation ETF921908844 | ETF | 10,314 | $2.00M | 0.7% | – |
| TYGTortoise Energy Infrastructure Corp | COM | 32,261 | $1.39M | 0.5% | History |
| FGBFirst Trust Specialty Finance & Financial Opportunities Fund | COM BEN INTR | 213,254 | $917.0K | 0.3% | History |
| CIMChimera Investment Corp | COM SHS | 66,839 | $857.5K | 0.3% | History |
| DMADestra Multi-Alternative Fund | COMMON SHARES | 86,798 | $736.0K | 0.2% | History |
| CETCentral Securities Corp | COM | 15,735 | $707.4K | 0.2% | History |
| EMFTempleton Emerging Markets Fund | COM | 38,021 | $488.6K | 0.2% | History |
| ALECAlector, Inc. | COM | 321,568 | $395.5K | 0.1% | History |
| CLMCornerstone Strategic Investment Fund, Inc. | COM | 48,565 | $360.8K | 0.1% | History |
| WIWWestern Asset Inflation-Linked Opportunities & Income Fund | CEF | 22,523 | $198.0K | 0.1% | History |
| EDDMorgan Stanley Emerging Markets Domestic Debt Fund, Inc. | COM | 29,256 | $137.5K | <0.1% | History |
| HEQJohn Hancock Diversified Income Fund | COM | 12,667 | $131.7K | <0.1% | History |
| GGZGabelli Global Small & Mid Cap Value Trust | COM | 10,800 | $129.6K | <0.1% | History |