Institutional Manager · CIK 0001596468
Almitas Capital LLC
Santa Monica, CA · File #028-19313
Latest AUM
$454.2M
Positions
107
Top-10 Concentration
67.9%
Filings
14
Sector Allocation
Filing History
View all filings →- 13F HOLDINGS REPORTQ/E Dec 2025107 pos · $454.2M
- 13F HOLDINGS REPORT (Amended)Q/E Sep 202566 pos · $436.9M
- 13F HOLDINGS REPORTQ/E Sep 202562 pos · $429.8M
- 13F HOLDINGS REPORTQ/E Jun 202582 pos · $396.4M
- 13F HOLDINGS REPORTQ/E Mar 202581 pos · $301.4M
- 13F HOLDINGS REPORTQ/E Dec 202492 pos · $456.3M
- 13F HOLDINGS REPORTQ/E Sep 202469 pos · $283.0M
- 13F HOLDINGS REPORTQ/E Jun 202476 pos · $240.5M
- 13F HOLDINGS REPORTQ/E Mar 202469 pos · $242.1M
- 13F HOLDINGS REPORT (Amended)Q/E Dec 202388 pos · $208.8M
- 13F HOLDINGS REPORTQ/E Dec 202394 pos · $12.5M
- 13F HOLDINGS REPORTQ/E Sep 202392 pos · $233.9M
- 13F HOLDINGS REPORTQ/E Jun 202397 pos · $209.3M
- 13F HOLDINGS REPORTQ/E Mar 2023128 pos · $217.0M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | FIDELITY WISE ORIGIN BITCOIN | FBTC | 1,536,637 | $117.1M | 27.79% |
| 2 | BLACKROCK MUN TARGET TERM TR | BLK | 1,486,013 | $33.9M | 8.04% |
| 3 | AMYLYX PHARMACEUTICALS INC | AMLX | 2,122,597 | $25.6M | 6.08% |
| 4 | ASA GOLD AND PRECIOUS MTLS L | G3156P103 | 382,139 | $22.8M | 5.41% |
| 5 | FIDELITY ETHEREUM FD | 31613E103 | 650,000 | $19.2M | 4.57% |
| 6 | LYELL IMMUNOPHARMA INC | LYEL | 577,807 | $17.8M | 4.22% |
| 7 | ELME COMMUNITIES | ELME | 1,012,210 | $17.6M | 4.18% |
| 8 | DESIGN THERAPEUTICS INC | DSGN | 1,530,435 | $14.4M | 3.41% |
| 9 | FS SPECIALTY LENDING FD | 644323107 | 801,778 | $11.3M | 2.69% |
| 10 | CANNAE HLDGS INC | CNNE | 411,893 | $6.5M | 1.54% |
| 11 | MONROE CAP CORP | MRCC | 999,044 | $6.4M | 1.51% |
| 12 | CRESCENT CAP BDC INC | 225655109 | 444,234 | $6.2M | 1.48% |
| 13 | BRIGHTSPIRE CAPITAL INC | BRSP | 1,029,464 | $5.8M | 1.37% |
| 14 | BNY MELLON STRATEGIC MUN BD | 09662E109 | 926,301 | $5.7M | 1.36% |
| 15 | PIMCO CALIF MUN INCOME FD | 72200N106 | 640,607 | $5.6M | 1.33% |
| 16 | MFS HIGH YIELD MUN TR | 59318E102 | 1,497,718 | $5.3M | 1.25% |
| 17 | LIBERTY ALL STAR EQUITY FD | 530158104 | 804,614 | $5.1M | 1.20% |
| 18 | ISHARES ETHEREUM TR | 46438R105 | 219,405 | $4.9M | 1.17% |
| 19 | ISHARES TR | 464288513 | 60,000 | $4.8M | 1.15% |
| 20 | JAPAN SMALLER CAPITALIZATION | JOF | 435,985 | $4.8M | 1.15% |