Latest Almitas Capital LLC Stock Portfolio
Almitas Capital LLC Performance:
2025 Q3: 11.34%YTD: 15.6%2024: 17.04%
Performance for 2025 Q3 is 11.34%, and YTD is 15.6%, and 2024 is 17.04%.
About Almitas Capital LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Almitas Capital LLC reported an equity portfolio of $866.7 Millions as of 30 Sep, 2025.
The top stock holdings of Almitas Capital LLC are , , AMLX. The fund has invested 37.1% of it's portfolio in FIDELITY WISE ORIGIN BITCOIN and 8% of portfolio in BLACKROCK MUN TARGET TERM TR.
The fund managers got completely rid off PIONEER HIGH INCOME FUND INC, ITEOS THERAPEUTICS INC (ITOS) and ATEA PHARMACEUTICALS INC (AVIR) stocks. They significantly reduced their stock positions in PGIM SHORT DUR HIG YLD OPP F and ZENTALIS PHARMACEUTICALS INC (ZNTL). Almitas Capital LLC opened new stock positions in ASA GOLD AND PRECIOUS MTLS L, ISHARES TR (AAXJ) and FG NEXUS INC. (FGF). The fund showed a lot of confidence in some stocks as they added substantially to MFS HIGH YIELD MUN TR, CANNAE HLDGS INC (CNNE) and CRESCENT CAP BDC INC (CCAP).
The top stock holdings of Almitas Capital LLC are , , AMLX. The fund has invested 37.1% of it's portfolio in FIDELITY WISE ORIGIN BITCOIN and 8% of portfolio in BLACKROCK MUN TARGET TERM TR.
The fund managers got completely rid off PIONEER HIGH INCOME FUND INC, ITEOS THERAPEUTICS INC (ITOS) and ATEA PHARMACEUTICALS INC (AVIR) stocks. They significantly reduced their stock positions in PGIM SHORT DUR HIG YLD OPP F and ZENTALIS PHARMACEUTICALS INC (ZNTL). Almitas Capital LLC opened new stock positions in ASA GOLD AND PRECIOUS MTLS L, ISHARES TR (AAXJ) and FG NEXUS INC. (FGF). The fund showed a lot of confidence in some stocks as they added substantially to MFS HIGH YIELD MUN TR, CANNAE HLDGS INC (CNNE) and CRESCENT CAP BDC INC (CCAP).
Almitas Capital LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Almitas Capital LLC made a return of 11.34% in the last quarter. In trailing 12 months, it's portfolio return was 23.28%.
New Buys
| Ticker | $ Bought |
|---|---|
| asa gold and precious mtls l | 30,717,300 |
| ishares tr | 11,358,800 |
| fg nexus inc. | 8,643,630 |
| blackrock multi sector inc t | 7,659,320 |
| armour residential reit inc | 6,488,410 |
| annaly capital management in | 4,679,220 |
| oxford lane cap corp | 4,063,170 |
| eaton vance calif mun bd fd | 3,956,680 |
New stocks bought by Almitas Capital LLC
Additions
| Ticker | % Inc. |
|---|---|
| mfs high yield mun tr | 362 |
| pioneer floating rate fund i | 313 |
| cannae hldgs inc | 246 |
| clough global equity fd | 194 |
| bny mellon mun bd infrastruc | 138 |
| abrdn japan equity fund inc | 135 |
| clough global opportunities | 130 |
| mfs invit grade mun tr | 117 |
Additions to existing portfolio by Almitas Capital LLC
Reductions
| Ticker | % Reduced |
|---|---|
| pgim short dur hig yld opp f | -56.12 |
| zentalis pharmaceuticals inc | -42.81 |
| eaton vance calif mun incom | -37.75 |
| boundless bio inc | -26.28 |
Almitas Capital LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| pioneer high income fund inc | -12,977,100 |
| pioneer municipal high incom | -10,325,500 |
| pioneer municipal high incom | -9,345,440 |
| cornerstone total return fd | -6,440,930 |
| pioneer mun high income oppo | -9,331,550 |
| iteos therapeutics inc | -4,857,420 |
| atea pharmaceuticals inc | -1,603,390 |
| pimco calif mun income fd ii | -1,156,720 |
Almitas Capital LLC got rid off the above stocks
Sector Distribution
Almitas Capital LLC has about 77% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 77 |
| Healthcare | 14.2 |
| Real Estate | 3.3 |
| Financial Services | 2.4 |
| Consumer Cyclical | 2.4 |
Market Cap. Distribution
Almitas Capital LLC has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 77 |
| MICRO-CAP | 11.6 |
| SMALL-CAP | 8.8 |
| MID-CAP | 1.4 |
| NANO-CAP | 1.3 |
Stocks belong to which Index?
About 18.8% of the stocks held by Almitas Capital LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 81.2 |
| RUSSELL 2000 | 18.8 |
Almitas Capital LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Almitas Capital LLC
Almitas Capital LLC has 65 stocks in it's portfolio. About 71.9% of the portfolio is in top 10 stocks. CNNE proved to be the most loss making stock for the portfolio. AMLX was the most profitable stock for Almitas Capital LLC last quarter.
Last Reported on: 17 Nov, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAXJ | ishares tr | 1.31 | 185,844 | 11,358,800 | new | |||
| ADAP | adaptimmune therapeutics plc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AFLG | first tr exchng traded fd vi | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AIB | midcap financial invstmnt co | 0.26 | 185,434 | 2,223,350 | added | 100 | ||
| ALXO | alx oncology hldgs inc | 1.07 | 5,073,780 | 9,285,020 | added | 99.88 | ||
| AMLX | amylyx pharmaceuticals inc | 6.66 | 4,245,190 | 57,692,200 | added | 100 | ||
| ANTX | an2 therapeutics inc | 0.42 | 2,856,650 | 3,627,940 | added | 100 | ||
| ARR | armour residential reit inc | 0.75 | 434,298 | 6,488,410 | new | |||
| AVIR | atea pharmaceuticals inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BRSP | brightspire capital inc | 1.29 | 2,058,930 | 11,180,000 | added | 100 | ||
| CABA | cabaletta bio inc | 0.21 | 774,982 | 1,813,460 | added | 110 | ||
| CCAP | crescent cap bdc inc | 1.24 | 752,922 | 10,736,700 | added | 116 | ||
| CNNE | cannae hldgs inc | 2.35 | 1,113,380 | 20,385,900 | added | 246 | ||
| DSGN | design therapeutics inc | 2.66 | 3,060,870 | 23,048,400 | added | 100 | ||
| FGF | fg nexus inc. | 1.00 | 1,574,430 | 8,643,630 | new | |||
| FLGT | fulgent genetics inc | 0.11 | 42,956 | 970,806 | added | 38.3 | ||
| GERN | geron corp | 0.30 | 1,892,650 | 2,592,930 | new | |||
| HPP | hudson pac pptys inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ITOS | iteos therapeutics inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| LADR | ladder cap corp | 0.46 | 361,386 | 3,942,720 | added | 100 | ||