GRATIA CAPITAL, LLC Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$102.5B

Holdings

24

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (24 positions)

#StockSharesValue% PortfolioType
1
TRTXTPG RE FIN TR INC
3,164,589$24.4B23.83%Call
2
FBRTFRANKLIN BSP RLTY TR INC
817,837$8.7B8.53%
3
XPOFXPONENTIAL FITNESS INC
971,417$7.3B7.10%Call
4
NMMNAVIOS MARITIME PARTNERS L P
134,356$5.1B4.94%
5
SUNSSUNRISE RLTY TR INC
446,720$4.7B4.62%
6
OXQ1ARQ INC
857,962$4.6B4.49%
7
MCFTMASTERCRAFT BOAT HLDGS INC
230,000$4.3B4.17%
8
CMTGCLAROS MTG TR INC
1,335,801$3.8B3.71%
9
MAGNMAGNERA CORP
314,627$3.8B3.71%
10
BYDBOYD GAMING CORP
47,389$3.7B3.62%
11
BZHBEAZER HOMES USA INC
161,400$3.6B3.52%
12
JAKKJAKKS PAC INC
149,970$3.1B3.04%
13
BRSPBRIGHTSPIRE CAPITAL INC
600,000$3.0B2.96%
14
TENTSAKOS ENERGY NAVIGATION LTD
145,228$2.8B2.72%
15
HPPHUDSON PAC PPTYS INC
1,000,000$2.7B2.67%Call
16
ACHRARCHER AVIATION INC
250,000$2.7B2.65%
17
KOSKOSMOS ENERGY LTD
1,500,000$2.6B2.52%Call
18
ACRACRES COMMERCIAL REALTY CORP
125,994$2.3B2.20%
19
CDZICADIZ INC
737,500$2.2B2.15%
20
MFAMFA FINL INC
225,469$2.1B2.08%
21
BETRBETTER HOME & FINANCE HOLDIN
145,000$1.8B1.75%
22
GPMTGRANITE PT MTG TR INC
665,783$1.6B1.60%
23
CBUSCIBUS INC
857,000$1.2B1.15%
24
HPAIHELPORT AI LTD
1,304,514$286.3M0.28%