GRATIA CAPITAL, LLC — 13F Holdings

2026 Q2  ·  43 Positions

2026 Q2 Portfolio Activity

In 2026 Q2, GRATIA CAPITAL, LLC maintained a portfolio of 43 distinct positions. The most significant new addition was ADTRAN HOLDINGS INC, now representing 2.11% of the total fund value. They heavily accumulated shares in AEHR TEST SYS, increasing the position by 1016.2%. Conversely, GRATIA CAPITAL, LLC completely exited their position in ISHARES TR.
Position History hover any row below to update
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GRATIA CAPITAL, LLC Milwaukee, WI RIA / Wealth Manager AUM $83M
PCA Score Concentration Risk
Risk ENB
Total Positions
43
Quarter
2026 Q2
Top Holding
AEHR (33.4%)
Top 10 Concentration
75.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-43 of 43

GRATIA CAPITAL, LLC Full Holdings List — 2026 Q2

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
AEHR
AEHR TEST SYS
CALL
CALL Option 33.43% 11.38% #1 1
Prev: #2
6.5
-121,500 -17.4%
P
S
575,500 $55,282,530 2025 Q3 13F Filing 2026-06-30 2026-08-14
TRTX
TPG RE FIN TR I...
Real Estate 10.46% 9.29% #2 1
Prev: #3
5.5
-634,416 -23.5%
P
S
2,067,333 $17,303,577 2020 Q4 13F Filing 2026-06-30 2026-08-14
FBRT
FRANKLIN BSP RL...
Real Estate 8.71% 8.52% #3 1
Prev: #4
4.5
-509,330 -22.4%
P
S
1,769,370 $14,402,672 2022 Q1 13F Filing 2026-06-30 2026-08-14
LODE
COMSTOCK INC
Basic Materials 4.70% 1.49% #4 15
Prev: #19
5.4
761,902 68.9%
P
S
1,868,323 $7,772,224 2025 Q3 13F Filing 2026-06-30 2026-08-14
HPP
HUDSON PACIFIC ...
CALL
CALL Option 4.59% 2.60% #5 6
Prev: #11
2.3
-500,000 -50.0%
P
S
500,000 $7,595,000 2014 Q1 13F Filing 2026-06-30 2026-08-14
WD
WALKER & DUNLOP...
CALL
CALL Option 3.85% 2.93% #6 3
Prev: #9
1.5
-33,700 -22.5%
P
S
116,300 $6,361,610 2026 Q1 13F Filing 2026-06-30 2026-08-14
WY
WEYERHAEUSER CO
CALL
CALL Option 3.34% 3.23% #7
Prev: #7
1.3
-69,400 -23.1%
P
S
230,600 $5,520,564 2026 Q1 13F Filing 2026-06-30 2026-08-14
MCFT
MASTERCRAFT BOA...
Consumer Cyclical 2.40% 1.76% #8 7
Prev: #15
1.0
-41,123 -21.1%
P
S
153,917 $3,974,137 2025 Q2 13F Filing 2026-06-30 2026-08-14
NMM
NAVIOS MARITIME...
Industrials 2.24% 3.03% #9 1
Prev: #8
0.9
-48,889 -48.0%
P
S
52,967 $3,711,398 2021 Q2 13F Filing 2026-06-30 2026-08-14
ADTN
ADTRAN HOLDINGS...
Technology 2.11% #10
Prev: #—
4.3
250,492
NEW
250,492 $3,481,839 2026 Q2 13F Filing 2026-06-30 2026-08-14
SHIM
SHIMMICK CORPOR...
Industrials 2.01% #11
Prev: #—
4.3
726,936
NEW
726,936 $3,322,098 2026 Q2 13F Filing 2026-06-30 2026-08-14
DUOT
DUOS TECHNOLOGI...
Technology 1.96% 1.75% #12 4
Prev: #16
0.8
-309,725 -53.4%
P
S
270,275 $3,243,300 2025 Q3 13F Filing 2026-06-30 2026-08-14
CMTG
CLAROS MTG TR I...
Real Estate 1.85% 1.78% #13 1
Prev: #14
0.7
-398,872 -23.5%
P
S
1,301,212 $3,057,848 2025 Q1 13F Filing 2026-06-30 2026-08-14
BETR
BETTER HOME & F...
Financial Services 1.67% 1.73% #14 4
Prev: #18
1.2
-9,895 -9.0%
P
S
100,458 $2,762,595 2025 Q2 13F Filing 2026-06-30 2026-08-14
SUNS
SUNRISE RLTY TR...
Real Estate 1.62% 1.48% #15 5
Prev: #20
0.6
-99,461 -22.7%
P
S
339,355 $2,680,904 2025 Q1 13F Filing 2026-06-30 2026-08-14
MAGN
MAGNERA CORP
Consumer Defensive 1.60% 1.25% #16 7
Prev: #23
0.6
-74,755 -24.9%
P
S
224,872 $2,642,246 2024 Q4 13F Filing 2026-06-30 2026-08-14
GPMT
GRANITE PT MTG ...
Real Estate 1.58% 1.43% #17 5
Prev: #22
0.6
-500,098 -22.3%
P
S
1,739,211 $2,608,816 2020 Q4 13F Filing 2026-06-30 2026-08-14
KOS
KOSMOS ENERGY L...
CALL
CALL Option 1.45% 1.84% #18 5
Prev: #13
0.6
-362,700 -24.2%
P
S
1,137,300 $2,399,703 2025 Q2 13F Filing 2026-06-30 2026-08-14
TEN
TSAKOS ENERGY N...
Energy 1.40% 1.74% #19 2
Prev: #17
0.6
-34,796 -34.8%
P
S
65,232 $2,307,256 2024 Q1 13F Filing 2026-06-30 2026-08-14
UHAL/B
U HAUL HOLDING ...
Industrials 1.26% 0.91% #20 5
Prev: #25
0.5
-10,433 -22.4%
P
S
36,067 $2,081,066 2026 Q1 13F Filing 2026-06-30 2026-08-14
KOS
KOSMOS ENERGY L...
Energy 1.23% 0.88% #21 5
Prev: #26
3.0
243,878 33.9%
P
S
963,678 $2,033,361 2025 Q2 13F Filing 2026-06-30 2026-08-14
TGEN
TECOGEN INC NEW
Industrials 1.23% #22
Prev: #—
4.0
388,660
NEW
388,660 $2,028,805 2026 Q2 13F Filing 2026-06-30 2026-08-14
NB
NIOCORP DEVS LT...
Basic Materials 1.19% #23
Prev: #—
4.0
410,000
NEW
410,000 $1,976,200 2026 Q2 13F Filing 2026-06-30 2026-08-14
METC
RAMACO RES INC
Basic Materials 1.10% #24
Prev: #—
3.9
138,000
NEW
138,000 $1,825,740 2026 Q2 13F Filing 2026-06-30 2026-08-14
AKAM
AKAMAI TECHNOLO...
CALL
CALL Option 0.71% #25
Prev: #—
3.8
10,000
NEW
10,000 $1,182,100 2026 Q2 13F Filing 2026-06-30 2026-08-14
ACHR
ARCHER AVIATION...
Industrials 0.55% 0.44% #26 3
Prev: #29
1.2
no change no change
P
S
192,793 $911,911 2022 Q1 13F Filing 2026-06-30 2026-08-14
WD
WALKER & DUNLOP...
Financial Services 0.55% 2.21% #27 15
Prev: #12
0.2
-96,381 -85.3%
P
S
16,619 $909,059 2026 Q1 13F Filing 2026-06-30 2026-08-14
HFRO
HIGHLAND OPPS &...
Financial Services 0.54% #28
Prev: #—
3.7
124,725
NEW
124,725 $889,289 2026 Q2 13F Filing 2026-06-30 2026-08-14
ONIT
ONITY GROUP INC
Financial Services 0.50% #29
Prev: #—
3.7
21,000
NEW
21,000 $834,750 2026 Q2 13F Filing 2026-06-30 2026-08-14
ACRE
ARES COML REAL ...
Real Estate 0.15% #30
Prev: #—
3.6
55,056
NEW
55,056 $247,752 2016 Q2 13F Filing 2026-06-30 2026-08-14
HPAIW
HELPORT AI LTD
Unknown 0.02% 0.06% #31 1
Prev: #32
0.0
-310,291 -23.8%
P
S
994,071 $32,606 2024 Q3 13F Filing 2026-06-30 2026-08-14
UAMY
UNITED STATES A...
Basic Materials 0.00% 0.00%
Sold All 😨
(Was: #34)
0.0
-900 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2026-06-30 2026-08-14
CDZI
CADIZ INC
CALL
CALL Option 0.00% 0.01%
Sold All 😨
(Was: #33)
0.0
-5,000 -100.0%
CLOSED
$— 2013 Q4 13F Filing 2026-06-30 2026-08-14
SNYR
SYNERGY CHC COR...
Healthcare 0.00% 0.31%
Sold All 😨
(Was: #31)
0.0
-550,000 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2026-06-30 2026-08-14
NCMI
NATIONAL CINEME...
Communication Services 0.00% 0.43%
Sold All 😨
(Was: #30)
0.0
-318,000 -100.0%
CLOSED
$— 2013 Q4 13F Filing 2026-06-30 2026-08-14
DHT
DHT HOLDINGS IN...
CALL
CALL Option 0.00% 0.80%
Sold All 😨
(Was: #28)
0.0
-100,000 -100.0%
CLOSED
$— 2026 Q1 13F Filing 2026-06-30 2026-08-14
AEHR
AEHR TEST SYS
Technology 0.00% 0.84%
Sold All 😨
(Was: #27)
0.0
-51,560 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2026-06-30 2026-08-14
CDZI
CADIZ INC
Utilities 0.00% 1.09%
Sold All 😨
(Was: #24)
0.0
-505,956 -100.0%
CLOSED
$— 2013 Q4 13F Filing 2026-06-30 2026-08-14
ATEX
ANTERIX INC
Communication Services 0.00% 1.47%
Sold All 😨
(Was: #21)
0.0
-87,500 -100.0%
CLOSED
$— 2026 Q1 13F Filing 2026-06-30 2026-08-14
DAVE
DAVE INC
Technology 0.00% 2.62%
Sold All 😨
(Was: #10)
0.0
-34,225 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-06-30 2026-08-14
ATEX
ANTERIX INC
CALL
CALL Option 0.00% 3.36%
Sold All 😨
(Was: #6)
0.0
-200,000 -100.0%
CLOSED
$— 2026 Q1 13F Filing 2026-06-30 2026-08-14
TRTX
TPG RE FIN TR I...
CALL
CALL Option 0.00% 5.50%
Sold All 😨
(Was: #5)
0.0
-1,600,000 -100.0%
CLOSED
$— 2020 Q4 13F Filing 2026-06-30 2026-08-14
IWM
ISHARES TR
PUT
PUT Option 0.00% 21.83%
Sold All 😨
(Was: #1)
0.0
-200,000 -100.0%
CLOSED
$— 2015 Q3 13F Filing 2026-06-30 2026-08-14
Showing 1-43 of 43 holdings

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