13F HOLDINGS REPORT
Almitas Capital LLC
Quarter ended Q4 2024 · Filed February 14, 2025 · Accession 0001596468-25-000002
Total Value
$456.3M
Positions
92
Other Managers
0
Confidential Omitted
No
Holdings (92)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Fidelity Wise Origin Bitcoin Fund | FBTC | 1,731,994 | $141.3M | 30.96% |
| 2 | Fidelity Ethereum Fund | 31613E103 | 941,057 | $31.4M | 6.89% |
| 3 | BlackRock Municipal 2030 Target Term Trust | BLK | 1,501,061 | $30.9M | 6.77% |
| 4 | Blue Owl Capital Corp III | 69122G102 | 1,889,702 | $27.2M | 5.97% |
| 5 | BlackRock Health Sciences Term Trust | BLK | 1,339,598 | $19.3M | 4.23% |
| 6 | Grayscale Ethereum Mini Trust ETF | 38964R203 | 515,011 | $16.2M | 3.55% |
| 7 | Tortoise Power And Energy Infrastructure Fund | 890930100 | 576,065 | $11.6M | 2.53% |
| 8 | Tortoise Energy Infrastructure Corp | TYG | 248,666 | $10.4M | 2.29% |
| 9 | Nuveen Pennsylvania Quality Municipal Income Fund | NU | 822,642 | $9.2M | 2.02% |
| 10 | Design Therapeutics Inc | DSGN | 1,323,667 | $8.2M | 1.79% |
| 11 | Amylyx Pharmaceuticals Inc | AMLX | 2,032,370 | $7.7M | 1.68% |
| 12 | PGIM Short Duration High Yield Opportunities Fund | 69355J104 | 462,098 | $7.4M | 1.63% |
| 13 | Annaly Capital Management Inc | NLY-PJ | 390,718 | $7.2M | 1.57% |
| 14 | Eaton Vance New York Municipal Bond Fund | ETN | 698,195 | $6.7M | 1.46% |
| 15 | BNY Mellon Municipal Income Inc | 05589T104 | 806,008 | $5.7M | 1.25% |
| 16 | BlackRock ESG Capital Allocation Term Trust | BLK | 331,140 | $5.4M | 1.19% |
| 17 | Two Harbors Investment Corp | 90187B804 | 437,374 | $5.2M | 1.13% |
| 18 | Zentalis Pharmaceuticals Inc | ZNTL | 1,626,896 | $4.9M | 1.08% |
| 19 | SRH Total Return Fund Inc | STEW | 301,991 | $4.8M | 1.06% |
| 20 | Mexico Fund Inc/The | 592835102 | 317,846 | $4.2M | 0.92% |
| 21 | New America High Income Fund Inc/The | 641876800 | 495,961 | $4.1M | 0.89% |
| 22 | Japan Smaller Capitalization Fund Inc | JOF | 497,471 | $3.8M | 0.84% |
| 23 | MFS Investment Grade Municipal Trust | 59318B108 | 477,454 | $3.8M | 0.84% |
| 24 | BNY Mellon Strategic Municipal Bond Fund Inc | 09662E109 | 625,461 | $3.6M | 0.80% |
| 25 | DTF Tax-Free Income 2028 Term Fund Inc | DTF | 322,432 | $3.6M | 0.79% |
| 26 | MFS High Income Municipal Trust | 59318D104 | 921,837 | $3.4M | 0.74% |
| 27 | Nuveen Core Plus Impact Fund | NPCT | 269,668 | $2.8M | 0.62% |
| 28 | Pioneer Municipal High Income Opportunities Fund Inc | 723760104 | 231,057 | $2.7M | 0.60% |
| 29 | Virtus Total Return Fund Inc | 92835W107 | 437,074 | $2.6M | 0.56% |
| 30 | Atea Pharmaceuticals Inc | AVIR | 752,003 | $2.5M | 0.55% |
| 31 | Clough Global Opportunities Fund | GLO | 455,226 | $2.3M | 0.51% |
| 32 | Morgan Stanley India Investment Fund Inc | MS-PQ | 86,320 | $2.2M | 0.48% |
| 33 | Destra Multi-Alternative Fund | 25065A502 | 253,418 | $2.1M | 0.47% |
| 34 | iTeos Therapeutics Inc | 46565G104 | 275,120 | $2.1M | 0.46% |
| 35 | Pioneer Municipal High Income Advantage Fund Inc | 723762100 | 245,006 | $2.1M | 0.45% |
| 36 | ALX Oncology Holdings Inc | ALXO | 1,222,945 | $2.0M | 0.45% |
| 37 | AllianceBernstein National Municipal Income Fund | 01864U106 | 187,470 | $2.0M | 0.45% |
| 38 | Dynex Capital Inc | DX-PC | 159,392 | $2.0M | 0.44% |
| 39 | BrightSpire Capital Inc | BRSP | 356,322 | $2.0M | 0.44% |
| 40 | Central and Eastern Europe Fund Inc | 153436100 | 180,190 | $2.0M | 0.43% |
| 41 | NYLI CBRE Global Infrastructure Megatrends Term Fund | 56064Q107 | 160,901 | $2.0M | 0.43% |
| 42 | MidCap Financial Investment Corp | 03761U502 | 135,444 | $1.8M | 0.40% |
| 43 | Pioneer Municipal High Income Fund Trust | 723763108 | 195,878 | $1.8M | 0.40% |
| 44 | AN2 Therapeutics Inc | ANTX | 1,313,111 | $1.8M | 0.40% |
| 45 | Ladder Capital Corp | LADR | 145,892 | $1.6M | 0.36% |
| 46 | Two Harbors Investment Corp | 90187BAB7 | 1,613,000 | $1.6M | 0.35% |
| 47 | Grayscale Bitcoin Mini Trust ETF | 389930207 | 35,700 | $1.5M | 0.33% |
| 48 | BlackRock Innovation and Growth Term Trust | BLK | 193,153 | $1.4M | 0.31% |
| 49 | Western Asset Inflation-Linked Income Fund | 95766Q106 | 159,057 | $1.3M | 0.28% |
| 50 | Rallybio Corp | RLYB | 1,298,119 | $1.2M | 0.27% |
| 51 | MFS High Yield Municipal Trust | 59318E102 | 344,105 | $1.2M | 0.27% |
| 52 | BlackRock MuniHoldings California Quality Fund Inc | BLK | 111,060 | $1.2M | 0.26% |
| 53 | Alto Neuroscience Inc | ANRO | 266,912 | $1.1M | 0.25% |
| 54 | Vanguard Dividend Appreciation ETF | 921908844 | 5,214 | $1.0M | 0.22% |
| 55 | First Trust Specialty Finance and Financial Opportunities Fund | 33733G109 | 213,162 | $897,412 | 0.20% |
| 56 | Postal Realty Trust Inc | PSTL | 66,668 | $870,017 | 0.19% |
| 57 | Nektar Therapeutics | NKTR | 920,225 | $855,809 | 0.19% |
| 58 | India Fund Inc/The | 454089103 | 51,700 | $814,275 | 0.18% |
| 59 | MFA Financial Inc | 55272X607 | 77,440 | $789,114 | 0.17% |
| 60 | Western Asset High Yield Defined Opportunity Fund Inc | HYI | 64,498 | $762,366 | 0.17% |
| 61 | Blue Owl Capital Corp | OWL | 50,000 | $756,000 | 0.17% |
| 62 | Vistagen Therapeutics Inc | VTGN | 254,655 | $751,232 | 0.16% |
| 63 | Central Securities Corp | 155123102 | 15,436 | $705,271 | 0.15% |
| 64 | Lyell Immunopharma Inc | LYEL | 1,050,520 | $672,333 | 0.15% |
| 65 | BNY Mellon Municipal Bond Infrastructure Fund Inc | 09662W109 | 63,654 | $658,819 | 0.14% |
| 66 | BNY Mellon Strategic Municipals Inc | 05588W108 | 106,854 | $645,398 | 0.14% |
| 67 | Boundless Bio Inc | BOLD | 192,007 | $556,820 | 0.12% |
| 68 | Alector Inc | ALEC | 284,845 | $538,357 | 0.12% |
| 69 | abrdn Total Dynamic Dividend Fund | AOD | 59,751 | $502,506 | 0.11% |
| 70 | ACELYRIN Inc | 00445A100 | 148,704 | $466,931 | 0.10% |
| 71 | Templeton Emerging Markets Fund/United States | 880191101 | 38,021 | $454,351 | 0.10% |
| 72 | Eaton Vance California Municipal Income Trust | ETN | 43,465 | $436,389 | 0.10% |
| 73 | New York Mortgage Trust Inc | ADAMZ | 70,512 | $427,303 | 0.09% |
| 74 | abrdn World Healthcare Fund | THW | 34,575 | $380,671 | 0.08% |
| 75 | abrdn Healthcare Opportunities Fund | THQ | 18,991 | $358,360 | 0.08% |
| 76 | Clough Global Equity Fund | 18914C100 | 51,534 | $343,216 | 0.08% |
| 77 | Taiwan Fund Inc/The/MD | 874036106 | 8,547 | $330,342 | 0.07% |
| 78 | BlackRock Investment Quality Municipal Trust Inc/The | BLK | 29,325 | $326,974 | 0.07% |
| 79 | Fulgent Genetics Inc | FLGT | 16,000 | $295,520 | 0.06% |
| 80 | BlackRock New York Municipal Income Trust | BLK | 28,553 | $290,955 | 0.06% |
| 81 | Hudson Pacific Properties Inc | 444097109 | 88,641 | $268,582 | 0.06% |
| 82 | abrdn Global Dynamic Dividend Fund | AGD | 27,094 | $265,521 | 0.06% |
| 83 | Western Asset Inflation-Linked Opportunities & Income Fund | 95766R104 | 25,454 | $210,505 | 0.05% |
| 84 | abrdn Income Credit Strategies Fund | ACP-PA | 31,000 | $185,070 | 0.04% |
| 85 | Morgan Stanley Emerging Markets Domestic Debt Fund Inc | MS-PQ | 36,094 | $163,867 | 0.04% |
| 86 | Royce Global Trust Inc | RGT | 14,935 | $160,132 | 0.04% |
| 87 | PIMCO New York Municipal Income Fund | 72200T103 | 20,862 | $155,005 | 0.03% |
| 88 | abrdn Emerging Markets Equity Income Fund Inc | AEF | 26,327 | $136,637 | 0.03% |
| 89 | European Equity Fund Inc/The | 298768102 | 16,087 | $130,967 | 0.03% |
| 90 | Clough Global Dividend and Income Fund | 18913Y103 | 19,617 | $106,422 | 0.02% |
| 91 | Templeton Dragon Fund Inc | 88018T101 | 11,925 | $101,243 | 0.02% |
| 92 | PIMCO California Municipal Income Fund II | 72200M108 | 10,367 | $59,299 | 0.01% |