Almitas Capital LLC Q3 2025 Filing
Filed November 14, 2025
Portfolio Value
$429.8M
Holdings
62
Report Date
Q3 2025
Filing Type
13F-HR
All Holdings (62 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | FBTCFIDELITY WISE ORIGIN BITCOIN | 1,611,637 | $160.9M | 37.42% | |
| 2 | BTTBLACKROCK MUN TARGET TERM TR | 1,539,263 | $34.6M | 8.04% | |
| 3 | AMLXAMYLYX PHARMACEUTICALS INC | 2,122,597 | $28.8M | 6.71% | |
| 4 | FETHFIDELITY ETHEREUM FD | 650,000 | $27.0M | 6.28% | |
| 5 | ASAASA GOLD AND PRECIOUS MTLS L | 335,342 | $15.4M | 3.57% | |
| 6 | DSGNDESIGN THERAPEUTICS INC | 1,530,435 | $11.5M | 2.68% | |
| 7 | CNNECANNAE HLDGS INC | 556,688 | $10.2M | 2.37% | |
| 8 | LYELLYELL IMMUNOPHARMA INC | 577,807 | $9.4M | 2.18% | |
| 9 | XPHDXPIONEER FLOATING RATE FUND I | 699,986 | $7.0M | 1.62% | |
| 10 | ETHAISHARES ETHEREUM TR | 219,405 | $6.9M | 1.61% | |
| 11 | XENWXEATON VANCE NEW YORK MUN BD | 617,454 | $6.1M | 1.42% | |
| 12 | IGFISHARES TR | 92,922 | $5.7M | 1.32% | |
| 13 | BRSPBRIGHTSPIRE CAPITAL INC | 1,029,464 | $5.6M | 1.30% | |
| 14 | CCAPCRESCENT CAP BDC INC | 376,461 | $5.4M | 1.25% | |
| 15 | CMUMFS HIGH YIELD MUN TR | 1,507,168 | $5.2M | 1.22% | |
| 16 | JOFJAPAN SMALLER CAPITALIZATION | 481,642 | $5.1M | 1.18% | |
| 17 | DSMBNY MELLON STRATEGIC MUN BD | 851,087 | $5.0M | 1.17% | |
| 18 | ALXOALX ONCOLOGY HLDGS INC | 2,536,891 | $4.6M | 1.08% | |
| 19 | NQPNUVEEN PENNSYLVANIA QLT MUN | 378,058 | $4.5M | 1.06% | |
| 20 | —FG NEXUS INC. | 774,431 | $4.3M | 0.99% | |
| 21 | CXEMFS HIGH INCOME MUN TR | 1,103,430 | $4.1M | 0.95% | |
| 22 | DTFDTF TAX-FREE INCOME 2028 TER | 350,940 | $4.0M | 0.93% | |
| 23 | MXFMEXICO FD INC | 202,961 | $4.0M | 0.93% | |
| 24 | XJEQXABRDN JAPAN EQUITY FUND INC | 490,174 | $3.9M | 0.90% | |
| 25 | CXHMFS INVIT GRADE MUN TR | 487,688 | $3.8M | 0.89% | |
| 26 | ETHGRAYSCALE ETHEREUM MINI TR E | 89,557 | $3.5M | 0.82% | |
| 27 | ARRARMOUR RESIDENTIAL REIT INC | 217,149 | $3.2M | 0.75% | |
| 28 | GLOCLOUGH GLOBAL OPPORTUNITIES | 491,858 | $2.8M | 0.65% | |
| 29 | CEECENTRAL & EASTERN EUROPE FD | 173,254 | $2.7M | 0.62% | |
| 30 | NLYANNALY CAPITAL MANAGEMENT IN | 115,765 | $2.3M | 0.54% | |
| 31 | AFBALLIANCEBERNSTEIN NATL MUN I | 214,282 | $2.3M | 0.54% | |
| 32 | MSGSMADISON SQUARE GRDN SPRT COR | 9,925 | $2.3M | 0.52% | |
| 33 | OXLCOXFORD LANE CAP CORP | 119,999 | $2.0M | 0.47% | |
| 34 | XEVMXEATON VANCE CALIF MUN BD FD | 208,466 | $2.0M | 0.46% | |
| 35 | LADRLADDER CAP CORP | 180,693 | $2.0M | 0.46% | |
| 36 | ANTXAN2 THERAPEUTICS INC | 1,428,323 | $1.8M | 0.42% | |
| 37 | TWO 6.25 01/15/26TWO HARBORS INVENTMENT CORPO | 1,613,000 | $1.6M | 0.37% | |
| 38 | XPCQXPIMCO CALIF MUN INCOME FD | 152,998 | $1.3M | 0.31% | |
| 39 | GONGERON CORP | 946,323 | $1.3M | 0.30% | |
| 40 | DMBBNY MELLON MUN BD INFRASTRUC | 119,431 | $1.3M | 0.30% | |
| 41 | LEOBNY MELLON STRATEGIC MUNS IN | 197,096 | $1.2M | 0.29% | |
| 42 | MFICMIDCAP FINANCIAL INVSTMNT CO | 92,717 | $1.1M | 0.26% | |
| 43 | VTGNVISTAGEN THERAPEUTICS INC | 261,399 | $927K | 0.22% | |
| 44 | CABACABALETTA BIO INC | 387,491 | $906K | 0.21% | |
| 45 | MYPSPLAYSTUDIOS INC | 931,588 | $896K | 0.21% | |
| 46 | XGLQXCLOUGH GLOBAL EQUITY FD | 114,007 | $867K | 0.20% | |
| 47 | XWIAXWESTERN ASST INFLTN LKD INM | 95,779 | $806K | 0.19% | |
| 48 | QNCXQUINCE THERAPEUTICS INC | 494,778 | $806K | 0.19% | |
| 49 | ANROALTO NEUROSCIENCE INC | 195,145 | $784K | 0.18% | |
| 50 | RLYBRALLYBIO CORP | 1,538,727 | $767K | 0.18% | |
| 51 | —MONROE CAP CORP | 108,905 | $764K | 0.18% | |
| 52 | BITBLACKROCK MULTI SECTOR INC T | 57,112 | $764K | 0.18% | |
| 53 | MFAMFA FINL INC | 77,440 | $711K | 0.17% | |
| 54 | ZNTLZENTALIS PHARMACEUTICALS INC | 457,322 | $690K | 0.16% | |
| 55 | SDHYPGIM SHORT DUR HIG YLD OPP F | 39,115 | $654K | 0.15% | |
| 56 | WHLR 7 12/31/31WHEELER REAL ESTATE INVIT TR | 5,271 | $606K | 0.14% | |
| 57 | FLGTFULGENT GENETICS INC | 21,478 | $485K | 0.11% | |
| 58 | MSIFMSC INCOME FUND INC | 30,146 | $395K | 0.09% | |
| 59 | CEVEATON VANCE CALIF MUN INCOM | 18,152 | $182K | 0.04% | |
| 60 | BOLDBOUNDLESS BIO INC | 86,808 | $106K | 0.02% | |
| 61 | UTF-RCOHEN & STEERS INFRASTRUCTUR | 72,600 | $5K | 0.00% | |
| 62 | EMO-RCLEARBRIDGE ENERGY MIDSTRM O | 58,223 | $1K | 0.00% |