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GRATIA CAPITAL, LLC

Q4 2025 · Filed 2026-02-17
Market Value
$91M
-4.0%
Holdings
23
+2
New Purchases
3
Added To
4
Closed
3
Reduced
7
Top 10 Concentration
76.9%
Turnover
26.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CDZI 9.21% 4.12% +5.09% $8M
WULF 3.83% 0.00% +3.83% $3M
MAGN 5.22% 3.88% +1.34% $5M
BZH 1.03% 0.00% +1.03% $935K
NMM 7.74% 6.74% +1.00% $7M
DDI 0.86% 0.00% +0.86% $784K
GPMT 5.89% 5.39% +0.50% $5M
FBRT 9.49% 9.15% +0.34% $9M
TNP 3.52% 3.40% +0.12% $3M
MFA 2.30% 2.18% +0.12% $2M
BYD 4.34% 4.22% +0.11% $4M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
XPOF 0.00% 3.90% -3.90% $0
DUOT 0.00% 3.84% -3.84% $0
ADES 0.56% 3.33% -2.78% $507K
AEHR 3.05% 4.42% -1.38% $3M
ACHR 1.59% 2.52% -0.93% $1M
TRTX 19.18% 19.45% -0.27% $17M
SUNS 4.69% 4.96% -0.27% $4M
MCFT 5.41% 5.65% -0.24% $5M
CMTG 5.70% 5.94% -0.24% $5M
CBUS 0.00% 0.23% -0.23% $0
JAKK 3.32% 3.54% -0.22% $3M
BRSP 3.08% 3.14% -0.06% $3M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 1 $3M 3.8%
Mid Cap 4 $15M 16.7%
Small Cap 11 $59M 65.0%
Micro Cap 7 $13M 14.5%

Portfolio Analytics

Avg Market Cap
$1.5B
Median Market Cap
$539M
Avg P/E
12.3
Median P/E
7.8
Avg Dividend Yield
0.04%
Avg Beta
1.53
# Stocks
23
# ETFs / Funds
0

Top Holdings (23 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 TRTX 19.18% 2,031,368 $17M $8.61 -$989K -127,419 -5.9%
2 FBRT 9.49% 862,922 $9M $10.03 -$39K +62,351 +7.8%
3 CDZI 9.21% 1,496,494 $8M $5.61 $4M +667,828 +80.6%
4 NMM 7.74% 134,656 $7M $52.43 $656K -7,500 -5.3%
5 GPMT 5.89% 2,239,309 $5M $2.40 $251K +531,483 +31.1%
6 CMTG 5.70% 1,700,084 $5M $3.06 -$442K
7 MCFT 5.41% 260,840 $5M $18.91 -$433K +10,840 +4.3%
8 MAGN 5.22% 314,627 $5M $15.14 $1M
9 SUNS 4.69% 453,816 $4M $9.43 -$436K
10 BYD 4.34% 46,389 $4M $85.24 -$56K
11 WULF 3.83% 304,038 $3M $11.49 +304,038 NEW
12 TNP 3.52% 143,228 $3M $22.42 -$16K -2,000 -1.4%
13 JAKK 3.32% 179,520 $3M $16.88 -$332K
14 BRSP 3.08% 501,585 $3M $5.60 -$178K -48,415 -8.8%
15 AEHR 3.05% 137,560 $3M $20.19 -$1M -2,000 -1.4%
16 MFA 2.30% 225,469 $2M $9.31 $27K
17 ACHR 1.59% 192,793 $1M $7.52 -$945K -57,207 -22.9%
18 BZH 1.03% 46,131 $935K $20.27 +46,131 NEW
19 DDI 0.86% 90,870 $784K $8.63 +90,870 NEW
20 ADES 0.56% 155,000 $507K $3.27 -$3M -287,020 -64.9%
21 XPOF —% -$4M -475,140 -100.0% SOLD
22 CBUS —% -$216K -167,245 -100.0% SOLD
23 DUOT —% -$4M -495,590 -100.0% SOLD

New Positions

SymbolValue% Port
WULF $3M 3.83%
BZH $935K 1.03%
DDI $784K 0.86%

Sold Out Positions

SymbolValue% Port
XPOF —%
CBUS —%
DUOT —%
View SEC EDGAR Filings for GRATIA CAPITAL, LLC →

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