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Asset Manager ← All Institutions

Almitas Capital LLC

Q4 2025 · Filed 2026-02-17
Market Value
$433M
+1.6%
Holdings
110
+21
New Purchases
54
Added To
17
Closed
9
Reduced
14
Top 10 Concentration
64.9%
Turnover
57.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
WRE 4.06% 0.00% +4.06% $18M
LYEL 4.10% 2.20% +1.91% $18M
ASA 5.26% 3.60% +1.66% $23M
MRCC 1.47% 0.18% +1.29% $6M
USA 1.17% 0.00% +1.17% $5M
HYG 1.12% 0.00% +1.12% $5M
PCQ 1.29% 0.31% +0.98% $6M
PDX 0.66% 0.00% +0.66% $3M
DSGN 3.31% 2.70% +0.61% $14M
EBF 0.58% 0.00% +0.58% $3M
BMEZ 0.53% 0.00% +0.53% $2M
CRTX 0.72% 0.19% +0.53% $3M
NPCT 0.48% 0.00% +0.48% $2M
DIAX 0.40% 0.00% +0.40% $2M
MYPS 0.61% 0.21% +0.40% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
FBTC 27.03% 37.70% -10.66% $117M
FETH 4.44% 6.33% -1.89% $19M
PHD 0.00% 1.63% -1.63% $0
BIT 0.06% 1.62% -1.56% $255K
ENX 0.00% 1.43% -1.43% $0
IGF 0.00% 1.33% -1.33% $0
JEQ 0.00% 0.91% -0.91% $0
CNNE 1.50% 2.39% -0.89% $6M
AMLX 5.92% 6.76% -0.84% $26M
ETHA 1.14% 1.62% -0.48% $5M
OXLC 0.00% 0.48% -0.48% $0
EVM 0.00% 0.46% -0.46% $0
ALXO 0.66% 1.09% -0.43% $3M
BTT 7.83% 8.10% -0.28% $34M
ETH 0.58% 0.82% -0.24% $3M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 3 $122M 28.1%
Mid Cap 11 $36M 8.3%
Small Cap 59 $214M 49.3%
Micro Cap 37 $62M 14.2%

Portfolio Analytics

Avg Market Cap
$1.3B
Median Market Cap
$516M
Avg P/E
27.5
Median P/E
13.0
Avg Dividend Yield
0.17%
Avg Beta
0.94
# Stocks
57
# ETFs / Funds
53

Top Holdings (110 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 FBTC 27.03% 1,536,637 $117M $76.23 -$44M -75,000 -4.7%
2 BTT 7.83% 1,486,013 $34M $22.82 -$661K -53,250 -3.5%
3 AMLX 5.92% 2,122,597 $26M $12.08 -$3M
4 ASA 5.26% 382,139 $23M $59.67 $7M +46,797 +14.0%
5 FETH 4.44% 650,000 $19M $29.61 -$8M
6 LYEL 4.10% 577,807 $18M $30.78 $8M
7 WRE 4.06% 1,012,210 $18M $17.40 +1,012,210 NEW
8 DSGN 3.31% 1,530,435 $14M $9.38 $3M
9 CNNE 1.50% 411,893 $6M $15.73 -$4M -144,795 -26.0%
10 MRCC 1.47% 999,044 $6M $6.37 $6M +890,139 +817.4%
11 CCAP 1.44% 444,234 $6M $14.05 $873K +67,773 +18.0%
12 BRSP 1.33% 1,029,464 $6M $5.60 $175K
13 DSM 1.32% 926,301 $6M $6.17 $677K +75,214 +8.8%
14 PCQ 1.29% 640,607 $6M $8.73 $4M +487,609 +318.7%
15 CMU 1.21% 1,497,718 $5M $3.51 $27K -9,450 -0.6%
16 USA 1.17% 804,614 $5M $6.28 +804,614 NEW
17 ETHA 1.14% 219,405 $5M $22.43 -$2M
18 HYG 1.12% 60,000 $5M $80.63 +60,000 NEW
19 JOF 1.11% 435,985 $5M $11.08 -$246K -45,657 -9.5%
20 GLO 1.03% 790,286 $4M $5.66 $2M +298,428 +60.7%
21 CXE 1.02% 1,193,886 $4M $3.70 $313K +90,456 +8.2%
22 NQP 1.01% 368,795 $4M $11.89 -$152K -9,263 -2.5%
23 DTF 0.92% 350,940 $4M $11.42 -$4K
24 0HHU.L 0.89% 217,149 $4M $17.69 $597K
25 MXF 0.86% 185,924 $4M $20.14 -$254K -17,037 -8.4%
26 CXH 0.83% 454,909 $4M $7.95 -$217K -32,779 -6.7%
27 CRTX 0.72% 930,134 $3M $3.35 $2M +435,356 +88.0%
28 CEE 0.71% 173,254 $3M $17.70 $405K
29 ALXO 0.66% 2,536,891 $3M $1.13 -$2M
30 PDX 0.66% 151,260 $3M $18.78 +151,260 NEW
31 MYPS 0.61% 4,047,346 $3M $0.65 $2M +3,115,758 +334.5%
32 MSGS 0.59% 9,925 $3M $258.65 $314K
33 ETH 0.58% 89,557 $3M $28.06 -$996K
34 EBF 0.58% 138,956 $3M $18.01 +138,956 NEW
35 GLQ 0.57% 322,982 $2M $7.66 $2M +208,975 +183.3%
36 AFB 0.54% 214,282 $2M $10.82 -$6K
37 BMEZ 0.53% 152,914 $2M $15.05 +152,914 NEW
38 LADR 0.48% 189,357 $2M $10.99 $110K +8,664 +4.8%
39 NPCT 0.48% 204,356 $2M $10.18 +204,356 NEW
40 DMB 0.46% 182,924 $2M $10.99 $732K +63,493 +53.2%
41 DIAX 0.40% 114,201 $2M $15.26 +114,201 NEW
42 ANTX 0.39% 1,479,129 $2M $1.14 -$128K +50,806 +3.6%
43 FSK 0.36% 106,600 $2M $14.81 +106,600 NEW
44 AINV 0.36% 135,477 $2M $11.44 $438K +42,760 +46.1%
45 TRC 0.34% 93,137 $1M $15.77 +93,137 NEW
46 ANRO 0.32% 78,520 $1M $17.80 $613K -116,625 -59.8%
47 STWD 0.30% 71,000 $1M $18.01 +71,000 NEW
48 LEO 0.29% 197,096 $1M $6.36 $22K
49 MFA 0.28% 128,086 $1M $9.31 $481K +50,646 +65.4%
50 GERN 0.27% 896,323 $1M $1.32 -$113K -50,000 -5.3%
51 SBET 0.26% 124,283 $1M $8.94 +124,283 NEW
52 NCDL 0.22% 70,160 $936K $13.34 +70,160 NEW
53 UTF 0.21% 38,562 $930K $24.11 $297K +13,062 +51.2%
54 JFR 0.21% 117,948 $924K $7.83 +117,948 NEW
55 EIC 0.21% 80,547 $919K $11.41 +80,547 NEW
56 FCT 0.20% 88,034 $887K $10.07 +88,034 NEW
57 CABA 0.20% 387,491 $849K $2.19 -$58K
58 MEGI 0.20% 61,653 $848K $13.76 +61,653 NEW
59 ZNTL 0.19% 610,073 $824K $1.35 $133K +152,751 +33.4%
60 BCAT 0.18% 55,000 $779K $14.16 +55,000 NEW
61 FTHY 0.18% 55,326 $778K $14.07 +55,326 NEW
62 CCIF 0.17% 157,285 $738K $4.69 +157,285 NEW
63 MFM 0.17% 134,361 $730K $5.43 +134,361 NEW
64 WD 0.16% 11,600 $698K $60.15 +11,600 NEW
65 CRF 0.16% 86,417 $692K $8.01 +86,417 NEW
66 EFT 0.15% 59,404 $671K $11.29 +59,404 NEW
67 NEWTP 0.14% 53,570 $608K $11.35 +53,570 NEW
68 WIA 0.14% 72,863 $603K $8.27 -$204K -22,916 -23.9%
69 CVCO 0.14% 992 $586K $590.74 +992 NEW
70 ASG 0.14% 110,481 $586K $5.30 +110,481 NEW
71 CGBD 0.12% 42,885 $536K $12.49 +42,885 NEW
72 STEW 0.12% 28,719 $532K $18.54 +28,719 NEW
73 SABA 0.12% 64,130 $529K $8.25 +64,130 NEW
74 FLGT 0.11% 18,478 $485K $26.27 $14 -3,000 -14.0%
75 TCPC 0.11% 85,000 $465K $5.47 +85,000 NEW
76 GSBD 0.11% 50,000 $464K $9.28 +50,000 NEW
77 WHLRL 0.11% 5,271 $461K $87.50 -$145K
78 EMO 0.10% 9,549 $426K $44.65 +9,549 NEW
79 SKY 0.10% 5,000 $422K $84.50 +5,000 NEW
80 SDHY 0.10% 25,277 $416K $16.45 -$238K -13,838 -35.4%
81 NMFC 0.10% 45,000 $414K $9.21 +45,000 NEW
82 FRMM 0.09% 80,408 $394K $4.90 +80,408 NEW
83 CPZ 0.09% 25,204 $368K $14.62 +25,204 NEW
84 CIM 0.08% 29,177 $363K $12.43 +29,177 NEW
85 MSDL 0.08% 20,000 $330K $16.48 +20,000 NEW
86 HQL 0.07% 19,239 $323K $16.78 +19,239 NEW
87 EFR 0.07% 28,829 $321K $11.14 +28,829 NEW
88 JQC 0.07% 63,304 $318K $5.02 +63,304 NEW
89 GBDC 0.06% 20,000 $271K $13.57 +20,000 NEW
90 OPP 0.06% 33,963 $270K $7.95 +33,963 NEW
91 BIT 0.06% 19,543 $255K $13.06 -$7M -495,363 -96.2%
92 SWZ 0.05% 36,781 $229K $6.22 +36,781 NEW
93 BCSF 0.05% 15,000 $209K $13.91 +15,000 NEW
94 ETJ 0.04% 20,661 $182K $8.82 +20,661 NEW
95 RVT 0.04% 10,456 $168K $16.10 +10,456 NEW
96 BXMX 0.04% 10,320 $152K $14.70 +10,320 NEW
97 VVR 0.03% 43,310 $142K $3.27 +43,310 NEW
98 NXC 0.03% 10,372 $137K $13.20 +10,372 NEW
99 HYT 0.03% 15,000 $134K $8.90 +15,000 NEW
100 GLV 0.03% 19,287 $115K $5.97 +19,287 NEW

New Positions

SymbolValue% Port
WRE $18M 4.06%
USA $5M 1.17%
HYG $5M 1.12%
PDX $3M 0.66%
EBF $3M 0.58%
BMEZ $2M 0.53%
NPCT $2M 0.48%
DIAX $2M 0.40%
FSK $2M 0.36%
TRC $1M 0.34%
STWD $1M 0.30%
SBET $1M 0.26%
NCDL $936K 0.22%
JFR $924K 0.21%
EIC $919K 0.21%

Sold Out Positions

SymbolValue% Port
MSIF —%
IGF —%
BOLD —%
OXLC —%
CEV —%
ENX —%
JEQ —%
PHD —%
EVM —%
View SEC EDGAR Filings for Almitas Capital LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms