AI Portfolio Summary
In 2025 Q4, Almitas Capital LLC maintained a portfolio of 120 distinct positions. The most significant new addition to the portfolio was ELME COMMUNITIES, which now represents 3.88% of the total fund value. They heavily accumulated shares in ASA GOLD AND PRECIOU, increasing their position by 14.0%. Conversely, Almitas Capital LLC completely exited their position in PIONEER FLOATING RAT.
Total Positions
120
Quarter
2025 Q4
Top Holding
FBTC (25.8%)
Top 10 Concentration
63.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 120
| 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 | 25.79% | 37.42% |
#1
Prev: #1
|
10.0 | -75,000 | -4.7% |
P
S
|
1,536,637 | $117,137,839 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BTT
BLACKROCK MUN T...
|
Financial Services | 7.47% | 8.04% |
#2
Prev: #2
|
3.0 | -53,250 | -3.5% |
P
S
|
1,486,013 | $33,910,817 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMLX
AMYLYX PHARMACE...
|
Healthcare | 5.65% | 6.71% |
#3
Prev: #3
|
2.3 | no change | no change |
P
S
|
2,122,597 | $25,640,972 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ASA
ASA GOLD AND PR...
|
Financial Services | 5.02% | 3.57% |
#4
1
Prev: #5
|
4.1 | 46,797 | 14.0% |
P
S
|
382,139 | $22,802,234 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FETH
FIDELITY ETHERE...
|
Unknown | 4.24% | 6.28% |
#5
1
Prev: #4
|
1.7 | no change | no change |
P
S
|
650,000 | $19,246,500 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LYEL
LYELL IMMUNOPHA...
|
Healthcare | 3.92% | 2.18% |
#6
2
Prev: #8
|
1.6 | no change | no change |
P
S
|
577,807 | $17,784,899 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ELME
ELME COMMUNITIE...
|
Bond/Debt | 3.88% | — |
#7
Prev: #—
|
3.6 | 1,012,210 | no change |
NEW
|
1,012,210 | $17,612,454 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DSGN
DESIGN THERAPEU...
|
Healthcare | 3.16% | 2.68% |
#8
2
Prev: #6
|
1.3 | no change | no change |
P
S
|
1,530,435 | $14,355,480 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FSSL
FS SPECIALTY LE...
|
Bond/Debt | 2.50% | — |
#9
Prev: #—
|
3.0 | 801,778 | no change |
NEW
|
801,778 | $11,337,141 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CNNE
CANNAE HLDGS IN...
|
Consumer Cyclical | 1.43% | 2.37% |
#10
3
Prev: #7
|
0.6 | -144,795 | -26.0% |
P
S
|
411,893 | $6,479,077 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MRCC
MONROE CAP CORP
|
Financial Services | 1.40% | 0.18% |
#11
41
Prev: #52
|
2.9 | 890,139 | 817.4% |
P
S
|
999,044 | $6,363,910 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CCAP
CRESCENT CAP BD...
|
Financial Services | 1.37% | 1.25% |
#12
2
Prev: #14
|
2.6 | 67,773 | 18.0% |
P
S
|
444,234 | $6,241,488 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BRSP
BRIGHTSPIRE CAP...
|
Real Estate | 1.27% | 1.30% |
#13
Prev: #13
|
0.5 | no change | no change |
P
S
|
1,029,464 | $5,764,998 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DSM
BNY MELLON STRA...
|
Financial Services | 1.26% | 1.17% |
#14
3
Prev: #17
|
2.5 | 75,214 | 8.8% |
P
S
|
926,301 | $5,715,277 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PCQ
PIMCO CALIF MUN...
|
Financial Services | 1.23% | 0.31% |
#15
23
Prev: #38
|
2.8 | 487,609 | 318.7% |
P
S
|
640,607 | $5,592,499 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CMU
MFS HIGH YIELD ...
|
Bond/Debt | 1.16% | 1.22% |
#16
1
Prev: #15
|
0.5 | -9,450 | -0.6% |
P
S
|
1,497,718 | $5,256,990 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
USA
LIBERTY ALL STA...
|
Bond/Debt | 1.11% | — |
#17
Prev: #—
|
2.4 | 804,614 | no change |
NEW
|
804,614 | $5,052,976 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ETHA
ISHARES ETHEREU...
|
ETF | 1.08% | 1.61% |
#18
8
Prev: #10
|
0.4 | no change | no change |
P
S
|
219,405 | $4,921,254 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HYG
ISHARES TR
|
ETF | 1.07% | — |
#19
Prev: #—
|
2.4 | 60,000 | no change |
NEW
|
60,000 | $4,837,800 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JOF
JAPAN SMALLER C...
|
Financial Services | 1.06% | 1.18% |
#20
4
Prev: #16
|
0.5 | -45,657 | -9.5% |
P
S
|
435,985 | $4,830,714 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GLO
CLOUGH GLOBAL O...
|
Bond/Debt | 0.98% | 0.65% |
#21
7
Prev: #28
|
2.6 | 298,428 | 60.7% |
P
S
|
790,286 | $4,473,019 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CXE
MFS HIGH INCOME...
|
Bond/Debt | 0.97% | 0.95% |
#22
1
Prev: #21
|
2.4 | 90,456 | 8.2% |
P
S
|
1,193,886 | $4,417,378 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NQP
NUVEEN PENNSYLV...
|
Financial Services | 0.97% | 1.06% |
#23
4
Prev: #19
|
0.4 | -9,263 | -2.5% |
P
S
|
368,795 | $4,384,973 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DTF
DTF TAX-FREE IN...
|
Financial Services | 0.88% | 0.93% |
#24
2
Prev: #22
|
0.4 | no change | no change |
P
S
|
350,940 | $4,007,735 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ARR
ARMOUR RESIDENT...
|
Real Estate | 0.85% | 0.75% |
#25
2
Prev: #27
|
0.3 | no change | no change |
P
S
|
217,149 | $3,841,366 | 2019 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PHD
PIONEER FLOATIN...
|
Unknown | 0.00% | 1.62% |
Sold All 😨
(Was: #9) |
0.3 | -699,986 | -100.0% |
CLOSED
|
— | $— | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ENX
EATON VANCE NEW...
|
Unknown | 0.00% | 1.42% |
Sold All 😨
(Was: #11) |
0.3 | -617,454 | -100.0% |
CLOSED
|
— | $— | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IGF
ISHARES TR
|
ETF | 0.00% | 1.32% |
Sold All 😨
(Was: #12) |
0.3 | -92,922 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FGF
FG NEXUS INC.
|
Unknown | 0.00% | 0.99% |
Sold All 😨
(Was: #20) |
0.3 | -774,431 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JEQ
ABRDN JAPAN EQU...
|
Unknown | 0.00% | 0.90% |
Sold All 😨
(Was: #24) |
0.3 | -490,174 | -100.0% |
CLOSED
|
— | $— | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OXLC
OXFORD LANE CAP...
|
Financial Services | 0.00% | 0.47% |
Sold All 😨
(Was: #33) |
0.3 | -119,999 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EVM
EATON VANCE CAL...
|
Unknown | 0.00% | 0.46% |
Sold All 😨
(Was: #34) |
0.3 | -208,466 | -100.0% |
CLOSED
|
— | $— | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VTGN
VISTAGEN THERAP...
|
Healthcare | 0.00% | 0.22% |
Sold All 😨
(Was: #43) |
0.3 | -261,399 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSIF
MSC INCOME FUND...
|
Financial Services | 0.00% | 0.09% |
Sold All 😨
(Was: #58) |
0.3 | -30,146 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CEV
EATON VANCE CAL...
|
Bond/Debt | 0.00% | 0.04% |
Sold All 😨
(Was: #59) |
0.3 | -18,152 | -100.0% |
CLOSED
|
— | $— | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BOLD
BOUNDLESS BIO I...
|
Healthcare | 0.00% | 0.02% |
Sold All 😨
(Was: #60) |
0.3 | -86,808 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
COHEN & STEERS ...
|
—
|
Unknown | 0.00% | 0.00% |
Sold All 😨
(Was: #61) |
0.3 | -72,600 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
N/A
CLEARBRIDGE ENE...
|
—
|
Unknown | 0.00% | 0.00% |
Sold All 😨
(Was: #62) |
0.3 | -58,223 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 120 holdings