Almitas Capital LLC — 13F Holdings

2026 Q1  ·  139 Positions

2026 Q1 Portfolio Activity

In 2026 Q1, Almitas Capital LLC maintained a portfolio of 139 distinct positions. The most significant new addition was BIO RAD LABS INC, now representing 1.91% of the total fund value. They heavily accumulated shares in ASA GOLD AND PRECIOUS MTLS L, increasing the position by 37.6%. Conversely, Almitas Capital LLC completely exited their position in FIDELITY ETHEREUM FD.
Position History hover any row below to update
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Almitas Capital LLC San Francisco, CA Hedge Fund AUM $442M
PCA Score Concentration Risk
Risk ENB
Total Positions
139
Quarter
2026 Q1
Top Holding
FBTC (20.5%)
Top 10 Concentration
57.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 139

Almitas Capital LLC Full Holdings List — 2026 Q1

Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
FBTC
FIDELITY WISE O...
Unknown 20.50% 25.79% #1
Prev: #1
7.0 no change no change
P
S
1,536,637 $90,707,682 2024 Q3 13F Filing 2026-03-31 2026-05-15
BTT
BLACKROCK MUN T...
Financial Services 7.62% 7.47% #2
Prev: #2
5.5 no change no change
P
S
1,486,013 $33,732,495 2023 Q3 13F Filing 2026-03-31 2026-05-15
ASA
ASA GOLD AND PR...
Financial Services 7.37% 5.02% #3 1
Prev: #4
6.4 143,527 37.6%
P
S
525,666 $32,607,062 2019 Q4 13F Filing 2026-03-31 2026-05-15
AMLX
AMYLYX PHARMACE...
Healthcare 6.67% 5.65% #4 1
Prev: #3
4.2 no change no change
P
S
2,122,597 $29,504,098 2024 Q2 13F Filing 2026-03-31 2026-05-15
DSGN
DESIGN THERAPEU...
Healthcare 3.68% 3.16% #5 3
Prev: #8
2.5 -100 -0.0%
P
S
1,530,335 $16,282,764 2023 Q4 13F Filing 2026-03-31 2026-05-15
NQP
NUVEEN PA INVT ...
Financial Services 2.85% 0.97% #6 17
Prev: #23
4.1 688,699 186.7%
P
S
1,057,494 $12,615,903 2022 Q4 13F Filing 2026-03-31 2026-05-15
PDX
PIMCO DYNAMIC I...
Bond/Debt 2.70% 0.63% #7 25
Prev: #32
4.1 390,232 258.0%
P
S
541,492 $11,945,314 2019 Q4 13F Filing 2026-03-31 2026-05-15
LYEL
LYELL IMMUNOPHA...
Healthcare 2.62% 3.92% #8 2
Prev: #6
2.0 no change no change
P
S
577,807 $11,590,808 2024 Q4 13F Filing 2026-03-31 2026-05-15
BIO
BIO RAD LABS IN...
Healthcare 1.91% #9
Prev: #—
4.3 30,254
NEW
30,254 $8,433,303 2026 Q1 13F Filing 2026-03-31 2026-05-15
CNNE
CANNAE HLDGS IN...
Consumer Cyclical 1.90% 1.43% #10
Prev: #10
3.8 329,425 80.0%
P
S
741,318 $8,428,786 2025 Q1 13F Filing 2026-03-31 2026-05-15
CRF
CORNERSTONE TOT...
Financial Services 1.75% 0.15% #11 60
Prev: #71
3.7 1,028,931 1190.7%
P
S
1,115,348 $7,751,672 2022 Q1 13F Filing 2026-03-31 2026-05-15
BMEZ
BLACKROCK HEALT...
Financial Services 1.64% 0.51% #12 28
Prev: #40
3.7 353,481 231.2%
P
S
506,395 $7,271,832 2023 Q3 13F Filing 2026-03-31 2026-05-15
ALXO
ALX ONCOLOGY HL...
Healthcare 1.44% 0.63% #13 18
Prev: #31
3.1 636,943 25.1%
P
S
3,173,834 $6,363,537 2024 Q4 13F Filing 2026-03-31 2026-05-15
BRSP
BRIGHTSPIRE CAP...
Real Estate 1.29% 1.27% #14 1
Prev: #13
1.0 -13,561 -1.3%
P
S
1,015,903 $5,689,057 2022 Q1 13F Filing 2026-03-31 2026-05-15
DSM
BNY MELLON STRA...
Financial Services 1.26% 1.26% #15 1
Prev: #14
1.5 no change no change
P
S
926,301 $5,567,069 2023 Q3 13F Filing 2026-03-31 2026-05-15
CMU
MFS HIGH YIELD ...
Bond/Debt 1.21% 1.16% #16
Prev: #16
1.5 no change no change
P
S
1,497,718 $5,361,830 2023 Q4 13F Filing 2026-03-31 2026-05-15
PCQ
PIMCO CALIF MUN...
Financial Services 1.20% 1.23% #17 2
Prev: #15
1.0 -23,592 -3.7%
P
S
617,015 $5,293,989 2025 Q1 13F Filing 2026-03-31 2026-05-15
ELME
ELME COMMUNITIE...
Bond/Debt 1.18% 3.88% #18 11
Prev: #7
3.5 1,595,162 157.6%
P
S
2,607,372 $5,240,818 2025 Q4 13F Filing 2026-03-31 2026-05-15
MRCC
MONROE CAP CORP
Financial Services 1.17% 1.40% #19 8
Prev: #11
3.0 278,673 27.9%
P
S
1,277,717 $5,183,315 2020 Q4 13F Filing 2026-03-31 2026-05-15
ANTX
AN2 THERAPEUTIC...
Healthcare 1.14% 0.37% #20 25
Prev: #45
1.5 no change no change
P
S
1,479,129 $5,058,621 2024 Q4 13F Filing 2026-03-31 2026-05-15
CXE
MFS HIGH INCOME...
Bond/Debt 1.06% 0.97% #21 1
Prev: #22
2.4 72,967 6.1%
P
S
1,266,853 $4,700,025 2023 Q3 13F Filing 2026-03-31 2026-05-15
MEGI
NYLI CBRE GBL I...
Financial Services 1.05% 0.19% #22 42
Prev: #64
3.4 254,480 412.8%
P
S
316,133 $4,643,994 2022 Q4 13F Filing 2026-03-31 2026-05-15
JOF
JAPAN SMALLER C...
Financial Services 0.99% 1.06% #23 3
Prev: #20
0.9 -33,029 -7.6%
P
S
402,956 $4,392,220 2022 Q1 13F Filing 2026-03-31 2026-05-15
CCAP
CRESCENT CAP BD...
Financial Services 0.98% 1.37% #24 12
Prev: #12
0.9 -87,329 -19.7%
P
S
356,905 $4,336,396 2022 Q4 13F Filing 2026-03-31 2026-05-15
DTF
DTF TAX-FREE IN...
Financial Services 0.92% 0.88% #25 1
Prev: #24
0.9 4,149 1.2%
P
S
355,089 $4,065,769 2022 Q4 13F Filing 2026-03-31 2026-05-15
MXF
MEXICO FD INC
Financial Services 0.87% 0.82% #26
Prev: #26
0.8 -2,419 -1.3%
P
S
183,505 $3,840,760 2018 Q4 13F Filing 2026-03-31 2026-05-15
FCT
FIRST TR SR FLT...
Financial Services 0.83% 0.20% #27 35
Prev: #62
3.3 294,829 334.9%
P
S
382,863 $3,690,799 2018 Q4 13F Filing 2026-03-31 2026-05-15
GLO
CLOUGH GLOBAL O...
Bond/Debt 0.83% 0.98% #28 7
Prev: #21
0.8 -129,490 -16.4%
P
S
660,796 $3,680,634 2023 Q2 13F Filing 2026-03-31 2026-05-15
CXH
MFS INVT GRADE ...
Bond/Debt 0.82% 0.80% #29 2
Prev: #27
0.8 -80 -0.0%
P
S
454,829 $3,634,084 2022 Q2 13F Filing 2026-03-31 2026-05-15
FSSL
FS SPECIALTY LE...
Bond/Debt 0.76% 2.50% #30 21
Prev: #9
0.3 -532,968 -66.5%
P
S
268,810 $3,362,813 2025 Q4 13F Filing 2026-03-31 2026-05-15
PNI
PIMCO NEW YORK ...
Financial Services 0.76% #31
Prev: #—
3.8 488,740
NEW
488,740 $3,347,869 2025 Q1 13F Filing 2026-03-31 2026-05-15
CLM
CORNERSTONE STR...
Financial Services 0.73% #32
Prev: #—
3.8 442,014
NEW
442,014 $3,217,862 2022 Q1 13F Filing 2026-03-31 2026-05-15
MSGS
MADISON SQUARE ...
Communication Services 0.72% 0.57% #33 2
Prev: #35
1.3 no change no change
P
S
9,925 $3,189,895 2025 Q1 13F Filing 2026-03-31 2026-05-15
CEE
CENTRAL & EASTE...
Financial Services 0.72% 0.68% #34 4
Prev: #30
1.3 no change no change
P
S
173,254 $3,170,548 2023 Q4 13F Filing 2026-03-31 2026-05-15
JFR
NUVEEN FLOATING...
Financial Services 0.70% 0.20% #35 25
Prev: #60
3.3 293,680 249.0%
P
S
411,628 $3,095,443 2022 Q4 13F Filing 2026-03-31 2026-05-15
EBF
ENNIS INC
Industrials 0.67% 0.55% #36 1
Prev: #37
1.3 no change no change
P
S
138,956 $2,976,438 2025 Q4 13F Filing 2026-03-31 2026-05-15
SABA
SABA CAPITAL IN...
Financial Services 0.65% 0.12% #37 42
Prev: #79
3.3 283,696 442.4%
P
S
347,826 $2,893,912 2025 Q4 13F Filing 2026-03-31 2026-05-15
SDHY
PGIM SHORT DUR ...
Financial Services 0.65% 0.09% #38 48
Prev: #86
3.3 153,644 607.8%
P
S
178,921 $2,866,314 2022 Q4 13F Filing 2026-03-31 2026-05-15
LADR
LADDER CAP CORP
Real Estate 0.64% 0.46% #39 2
Prev: #41
3.3 101,120 53.4%
P
S
290,477 $2,837,960 2022 Q1 13F Filing 2026-03-31 2026-05-15
TRTX
TPG RE FIN TR I...
Real Estate 0.58% #40
Prev: #—
3.7 327,832
NEW
327,832 $2,560,368 2026 Q1 13F Filing 2026-03-31 2026-05-15
GLQ
CLOUGH GLOBAL E...
Financial Services 0.56% 0.54% #41 3
Prev: #38
0.7 7,972 2.5%
P
S
330,954 $2,492,084 2023 Q1 13F Filing 2026-03-31 2026-05-15
AFB
ALLIANCEBERNSTE...
Financial Services 0.52% 0.51% #42 3
Prev: #39
1.2 no change no change
P
S
214,282 $2,290,675 2023 Q3 13F Filing 2026-03-31 2026-05-15
FTHY
FIRST TR HIGH Y...
Financial Services 0.51% 0.17% #43 24
Prev: #67
3.2 110,938 200.5%
P
S
166,264 $2,249,552 2022 Q2 13F Filing 2026-03-31 2026-05-15
MYPS
PLAYSTUDIOS INC
Communication Services 0.50% 0.58% #44 11
Prev: #33
2.2 657,188 16.2%
P
S
4,704,534 $2,207,367 2025 Q3 13F Filing 2026-03-31 2026-05-15
USA
LIBERTY ALL STA...
Bond/Debt 0.50% 1.11% #45 28
Prev: #17
0.2 -409,129 -50.8%
P
S
395,485 $2,194,942 2025 Q4 13F Filing 2026-03-31 2026-05-15
STEW
SRH TOTAL RETUR...
Financial Services 0.45% 0.12% #46 32
Prev: #78
3.2 88,036 306.5%
P
S
116,755 $1,996,511 2022 Q3 13F Filing 2026-03-31 2026-05-15
DMB
BNY MELLON MUN ...
Financial Services 0.44% 0.44% #47 4
Prev: #43
1.2 no change no change
P
S
182,924 $1,928,019 2024 Q2 13F Filing 2026-03-31 2026-05-15
TRC
TEJON RANCH CO
Industrials 0.40% 0.32% #48 1
Prev: #49
0.7 1,860 2.0%
P
S
94,997 $1,789,743 2025 Q4 13F Filing 2026-03-31 2026-05-15
ANRO
ALTO NEUROSCIEN...
Healthcare 0.40% 0.31% #49 1
Prev: #50
1.2 no change no change
P
S
78,520 $1,765,130 2024 Q4 13F Filing 2026-03-31 2026-05-15
N/A
RALLYBIO CORP
Unknown 0.39% #50
Prev: #—
3.7 191,206
NEW
191,206 $1,715,118 13F Filing 2026-03-31 2026-05-15
Showing 1-50 of 139 holdings

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