Almitas Capital LLC
- SEC CIK
- 0001596468
- Latest filing
- Aug 14, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Feb 17, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 107
- +41 vs. Q3 2025
- Portfolio value
- $454.2M
- +$17.3M (+4.0%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| FBTCFidelity Wise Origin Bitcoin Fund | SHS | 1,536,637 | $117.1M | 25.8% | −75,000−4.7% | Reduced | History |
| BTTBlackRock Municipal 2030 Target Term Trust | COM SHS BEN IN | 1,486,013 | $33.9M | 7.5% | −53,250−3.5% | Reduced | History |
| AMLXAmylyx Pharmaceuticals, Inc. | COM | 2,122,597 | $25.6M | 5.6% | 00.0% | Unchanged | History |
| ASAASA Gold & Precious Metals Ltd | SHS | 382,139 | $22.8M | 5.0% | +46,797+14.0% | Added | History |
| FETHFidelity Ethereum Fund | SHS | 650,000 | $19.2M | 4.2% | 00.0% | Unchanged | History |
| LYELLyell Immunopharma, Inc. | COM NEW | 577,807 | $17.8M | 3.9% | 00.0% | Unchanged | History |
| ELMEElme Communities | SH BEN INT | 1,012,210 | $17.6M | 3.9% | +1,012,210 | New | History |
| DSGNDesign Therapeutics, Inc. | COM | 1,530,435 | $14.4M | 3.2% | 00.0% | Unchanged | History |
| FSSLFS Specialty Lending Fund | COM SH BEN INT | 801,778 | $11.3M | 2.5% | +801,778 | New | History |
| CNNECannae Holdings, Inc. | COM | 411,893 | $6.48M | 1.4% | −144,795−26.0% | Reduced | History |
| MRCCMonroe Capital Corp | COM | 999,044 | $6.36M | 1.4% | +890,139+817.4% | Added | History |
| CCAPCrescent Capital BDC, Inc. | COM | 444,234 | $6.24M | 1.4% | +67,773+18.0% | Added | History |
| BRSPBrightSpire Capital, Inc. | COM CL A | 1,029,464 | $5.76M | 1.3% | 00.0% | Unchanged | History |
| DSMBNY Mellon Strategic Municipal Bond Fund, Inc. | COM | 926,301 | $5.72M | 1.3% | +75,214+8.8% | Added | History |
| PCQPIMCO California Municipal Income Fund | COM | 640,607 | $5.59M | 1.2% | +487,609+318.7% | Added | History |
| CMUMFS High Yield Municipal Trust | SH BEN INT | 1,497,718 | $5.26M | 1.2% | −9,450−0.6% | Reduced | History |
| USALiberty All Star Equity Fund | SH BEN INT | 804,614 | $5.05M | 1.1% | +804,614 | New | History |
| ETHAiShares Ethereum Trust ETF | SHS | 219,405 | $4.92M | 1.1% | 00.0% | Unchanged | History |
| iShares Tr464288513 | IBOXX HI YD ETF | 60,000 | $4.84M | 1.1% | +60,000 | New | – |
| JOFJapan Smaller Capitalization Fund Inc | COM | 435,985 | $4.83M | 1.1% | −45,657−9.5% | Reduced | History |
| GLOClough Global Opportunities Fund | SH BEN INT | 790,286 | $4.47M | 1.0% | +298,428+60.7% | Added | History |
| CXEMFS High Income Municipal Trust | SH BEN INT | 1,193,886 | $4.42M | 1.0% | +90,456+8.2% | Added | History |
| NQPNuveen Pennsylvania Quality Municipal Income Fund | COM | 368,795 | $4.38M | 1.0% | −9,263−2.5% | Reduced | History |
| DTFDTF Tax-Free Income 2028 Term Fund Inc | COM | 350,940 | $4.01M | 0.9% | 00.0% | Unchanged | History |
| ARRArmour Residential REIT, Inc. | COM SHS | 217,149 | $3.84M | 0.8% | 00.0% | Unchanged | History |
| MXFMexico Fund Inc | COM | 185,924 | $3.74M | 0.8% | −17,037−8.4% | Reduced | History |
| CXHMFS Investment Grade Municipal Trust | SH BEN INT | 454,909 | $3.62M | 0.8% | −32,779−6.7% | Reduced | History |
| BPREBluerock Private Real Estate Fund | COM | 212,185 | $3.18M | 0.7% | +212,185 | New | History |
| QNCXQuince Therapeutics, Inc. | COM | 930,134 | $3.12M | 0.7% | +435,356+88.0% | Added | History |
| CEECentral & Eastern Europe Fund, Inc. | COM | 173,254 | $3.07M | 0.7% | 00.0% | Unchanged | History |
| ALXOAlx Oncology Holdings Inc | COM | 2,536,891 | $2.87M | 0.6% | 00.0% | Unchanged | History |
| PDXPIMCO Dynamic Income Strategy Fund | COM SHS BEN INT | 151,260 | $2.84M | 0.6% | +151,260 | New | History |
| MYPSPLAYSTUDIOS, Inc. | CLASS A COM | 4,047,346 | $2.64M | 0.6% | +3,115,758+334.5% | Added | History |
| NLYAnnaly Capital Management Inc | REIT | 115,765 | $2.59M | 0.6% | 00.0% | Unchanged | History |
| MSGSMadison Square Garden Sports Corp. | CL A | 9,925 | $2.57M | 0.6% | 00.0% | Unchanged | History |
| ETHGrayscale Ethereum Staking Mini ETF | SHS NEW | 89,557 | $2.51M | 0.6% | 00.0% | Unchanged | History |
| EBFEnnis, Inc. | COM | 138,956 | $2.50M | 0.6% | +138,956 | New | History |
| GLQClough Global Equity Fund | COM | 322,982 | $2.47M | 0.5% | +208,975+183.3% | Added | History |
| AFBAlliancebernstein National Municipal Income Fund | COM | 214,282 | $2.32M | 0.5% | 00.0% | Unchanged | History |
| BMEZBlackRock Health Sciences Term Trust | COM SHS | 152,914 | $2.30M | 0.5% | +152,914 | New | History |
| LADRLadder Capital Corp | CL A | 189,357 | $2.08M | 0.5% | +8,664+4.8% | Added | History |
| NPCTNuveen Core Plus Impact Fund | COM BEN INT | 204,356 | $2.08M | 0.5% | +204,356 | New | History |
| DMBBNY Mellon Municipal Bond Infrastructure Fund, Inc. | COM SHS | 182,924 | $2.01M | 0.4% | +63,493+53.2% | Added | History |
| DIAXNuveen Dow 30sm Dynamic Overwrite Fund | SHS | 114,201 | $1.74M | 0.4% | +114,201 | New | History |
| ANTXAN2 Therapeutics, Inc. | COM | 1,479,129 | $1.69M | 0.4% | +50,806+3.6% | Added | History |
| Two HBRS Invt Corp90187BAB7 | NOTE 6.250% 1/1 | – | $1.61M | 0.4% | – | – | – |
| FSKFS KKR Capital Corp | COM | 106,600 | $1.58M | 0.3% | +106,600 | New | History |
| MFICMidCap Financial Investment Corp | COM NEW | 135,477 | $1.55M | 0.3% | +42,760+46.1% | Added | History |
| TRCTejon Ranch Co | COM | 93,137 | $1.47M | 0.3% | +93,137 | New | History |
| ANROAlto Neuroscience, Inc. | COM SHS | 78,520 | $1.40M | 0.3% | −116,625−59.8% | Reduced | History |
| STWDStarwood Property Trust, Inc. | COM | 71,000 | $1.28M | 0.3% | +71,000 | New | History |
| LEOBNY Mellon Strategic Municipals, Inc. | COM | 197,096 | $1.25M | 0.3% | 00.0% | Unchanged | History |
| MFAMfa Financial, Inc. | COM | 128,086 | $1.19M | 0.3% | +50,646+65.4% | Added | History |
| GERNGeron Corp | COM | 896,323 | $1.18M | 0.3% | −50,000−5.3% | Reduced | History |
| SBETSharplink, Inc. | COM NEW | 124,283 | $1.11M | 0.2% | +124,283 | New | History |
| HPPHudson Pacific Properties, Inc. | COM | 97,816 | $1.06M | 0.2% | +97,816 | New | History |
| RLYBRallybio Corp | COM | 1,529,653 | $1.05M | 0.2% | −9,074−0.6% | Reduced | History |
| NCDLNuveen Churchill Direct Lending Corp. | COM SHS | 70,160 | $935.9K | 0.2% | +70,160 | New | History |
| UTFCohen & Steers Infrastructure Fund Inc | COM | 38,562 | $929.7K | 0.2% | +13,062+51.2% | Added | History |
| JFRNuveen Floating Rate Income Fund | COM | 117,948 | $923.5K | 0.2% | +117,948 | New | History |
| EICEagle Point Income Co | COM | 80,547 | $919.0K | 0.2% | +80,547 | New | History |
| FCTFirst Trust Senior Floating Rate Income Fund II | COM | 88,034 | $886.5K | 0.2% | +88,034 | New | History |
| CABACabaletta Bio, Inc. | COM | 387,491 | $848.6K | 0.2% | 00.0% | Unchanged | History |
| MEGINYLI CBRE Global Infrastructure Megatrends Term Fund | COM | 61,653 | $848.3K | 0.2% | +61,653 | New | History |
| ZNTLZentalis Pharmaceuticals, Inc. | COM | 610,073 | $823.6K | 0.2% | +152,751+33.4% | Added | History |
| BCATBlackRock Capital Allocation Term Trust | COM | 55,000 | $778.8K | 0.2% | +55,000 | New | History |
| FTHYFirst Trust High Yield Opportunities 2027 Term Fund | COM | 55,326 | $778.4K | 0.2% | +55,326 | New | History |
| CCIFCarlyle Credit Income Fund | SHS BEN INT | 157,285 | $737.7K | 0.2% | +157,285 | New | History |
| MFMAberdeen Municipal Income Fund | SH BEN INT | 134,361 | $729.6K | 0.2% | +134,361 | New | History |
| WDWalker & Dunlop, Inc. | COM | 11,600 | $697.7K | 0.2% | +11,600 | New | History |
| CRFCornerstone Total Return Fund Inc | COM | 86,417 | $692.2K | 0.2% | +86,417 | New | History |
| EFTEaton Vance Floating-Rate Income Trust | COM | 59,404 | $670.7K | 0.1% | +59,404 | New | History |
| NEWTNewtekOne, Inc. | COM NEW | 53,570 | $608.0K | 0.1% | +53,570 | New | History |
| WIAWestern Asset Inflation-Linked Income Fund | COM SH BEN INT | 72,863 | $602.6K | 0.1% | −22,916−23.9% | Reduced | History |
| CVCOCavco Industries, Inc. | COM | 992 | $586.0K | 0.1% | +992 | New | History |
| ASGLiberty All Star Growth Fund Inc. | COM | 110,481 | $585.5K | 0.1% | +110,481 | New | History |
| CGBDCarlyle Secured Lending, Inc. | COM | 42,885 | $535.6K | 0.1% | +42,885 | New | History |
| STEWSRH Total Return Fund, Inc. | COM | 28,719 | $532.5K | 0.1% | +28,719 | New | History |
| SABASaba Capital Income & Opportunities Fund II | COM NEW | 64,130 | $529.1K | 0.1% | +64,130 | New | History |
| FLGTFulgent Genetics, Inc. | COM | 18,478 | $485.4K | 0.1% | −3,000−14.0% | Reduced | History |
| TCPCBlackRock TCP Capital Corp. | COM | 85,000 | $464.9K | 0.1% | +85,000 | New | History |
| GSBDGoldman Sachs BDC, Inc. | SHS | 50,000 | $464.0K | 0.1% | +50,000 | New | History |
| WHLRLWheeler Real Estate Investment Trust, Inc. | 7% SR NT 31 | 5,271 | $461.2K | 0.1% | 00.0% | Unchanged | History |
| EMOClearBridge Energy Midstream Opportunity Fund Inc. | COM | 9,549 | $426.4K | 0.1% | +9,549 | New | History |
| SKYChampion Homes, Inc. | Stock | 5,000 | $422.5K | 0.1% | +5,000 | New | History |
| SDHYPGIM Short Duration High Yield Opportunities Fund | COM | 25,277 | $415.8K | 0.1% | −13,838−35.4% | Reduced | History |
| NMFCNew Mountain Finance Corp | COM | 45,000 | $414.4K | 0.1% | +45,000 | New | History |
| FRMMForum Markets Inc | COM SHS | 80,408 | $394.0K | 0.1% | +80,408 | New | History |
| CPZCalamos Long/Short Equity & Dynamic Income Trust | COM | 25,204 | $368.5K | 0.1% | +25,204 | New | History |
| CIMChimera Investment Corp | COM SHS | 29,177 | $362.7K | 0.1% | +29,177 | New | History |
| MSDLMorgan Stanley Direct Lending Fund | COM SHS | 20,000 | $329.6K | 0.1% | +20,000 | New | History |
| HQLabrdn Life Sciences Investors | SH BEN INT | 19,239 | $322.8K | 0.1% | +19,239 | New | History |
| EFREaton Vance Senior Floating-Rate Trust | COM | 28,829 | $321.2K | 0.1% | +28,829 | New | History |
| JQCNuveen Credit Strategies Income Fund | COM SHS | 63,304 | $317.8K | 0.1% | +63,304 | New | History |
| GBDCGolub Capital BDC, Inc. | COM | 20,000 | $271.4K | 0.1% | +20,000 | New | History |
| OPPRiverNorth/DoubleLine Strategic Opportunity Fund, Inc. | COM | 33,963 | $270.0K | 0.1% | +33,963 | New | History |
| BITBlackRock Multi-Sector Income Trust | COM | 19,543 | $255.2K | 0.1% | −495,363−96.2% | Reduced | History |
| SWZTotal Return Securities Fund | COM | 36,781 | $228.8K | 0.1% | +36,781 | New | History |
| BCSFBain Capital Specialty Finance, Inc. | COM STK | 15,000 | $208.7K | <0.1% | +15,000 | New | History |
| ETJEaton Vance Risk-Managed Diversified Equity Income Fund | COM | 20,661 | $182.2K | <0.1% | +20,661 | New | History |
Sold out since Q3 2025 (16)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| PHDPioneer Floating Rate Fund, Inc. | COM | 699,986 | $6.97M | 1.6% | History |
| ENXEaton Vance New York Municipal Bond Fund | COM | 617,454 | $6.09M | 1.4% | History |
| iShares Tr464288372 | GLB INFRASTR ETF | 92,922 | $5.68M | 1.3% | – |
| FGNXFG Nexus Inc. | COM NEW | 800,000 | $4.39M | 1.0% | History |
| JEQAbrdn Japan Equity Fund, Inc. | COM | 490,174 | $3.86M | 0.9% | History |
| OXLCOxford Lane Capital Corp. | COM | 119,999 | $2.03M | 0.5% | History |
| EVMEaton Vance California Municipal Bond Fund | COM | 208,466 | $1.98M | 0.5% | History |
| VTGNVistagen Therapeutics, Inc. | COM | 261,399 | $928.0K | 0.2% | History |
| MSIFMSC Income Fund, Inc. | COM | 30,146 | $395.8K | 0.1% | History |
| CEVEaton Vance California Municipal Income Trust | SH BEN INT | 18,152 | $183.0K | <0.1% | History |
| BKTBlackRock Income Trust, Inc. | COM NEW | 13,000 | $146.1K | <0.1% | History |
| BOLDBoundless Bio, Inc. | COM | 86,808 | $106.8K | <0.1% | History |
| Cohen & Steers Infrastructur19248A117 | RIGHT 10/16/2025 | 185,878 | $14.5K | <0.1% | – |
| Clearbridge Energy Midstrm O18469P118 | RIGHT 10/10/2025 | 77,036 | $1.46K | <0.1% | – |
| Rivernorth Opportunities FD76881Y174 | RIGHT 10/06/2025 | 140,834 | $1.14K | <0.1% | – |
| BlackRock Income Tr Inc09247F118 | RIGHT 10/20/2025 | 13,000 | $767 | <0.1% | – |