Latest GRATIA CAPITAL, LLC Stock Portfolio

GRATIA CAPITAL, LLC Performance:

2025 Q2: -2.64%YTD: -6.4%2024: 4.26%

Performance for 2025 Q2 is -2.64%, and YTD is -6.4%, and 2024 is 4.26%.

About GRATIA CAPITAL, LLC and 13F Hedge Fund Stock Holdings

GRATIA CAPITAL, LLC is a hedge fund based in LOS ANGELES, CA. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $124.6 Millions. In it's latest 13F Holdings report, GRATIA CAPITAL, LLC reported an equity portfolio of $102.5 Millions as of 30 Jun, 2025.

The top stock holdings of GRATIA CAPITAL, LLC are TRTX, FBRT, XPOF. The fund has invested 20.1% of it's portfolio in TPG RE FIN TR INC and 8.5% of portfolio in FRANKLIN BSP RLTY TR INC.

The fund managers got completely rid off ABACUS GLOBAL MGMT INC, LANDSEA HOMES CORP (LSEA) and FIRSTCASH HOLDINGS INC (FCFS) stocks. They significantly reduced their stock positions in CADIZ INC (CDZI), GRANITE PT MTG TR INC (GPMT) and NAVIOS MARITIME PARTNERS L P (NMM). GRATIA CAPITAL, LLC opened new stock positions in MASTERCRAFT BOAT HLDGS INC (MCFT), JAKKS PAC INC (JAKK) and BETTER HOME & FINANCE HOLDIN. The fund showed a lot of confidence in some stocks as they added substantially to XPONENTIAL FITNESS INC (XPOF), ACRES COMMERCIAL REALTY CORP (ACR) and FRANKLIN BSP RLTY TR INC (FBRT).

GRATIA CAPITAL, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that GRATIA CAPITAL, LLC made a return of -2.64% in the last quarter. In trailing 12 months, it's portfolio return was 0.85%.

New Buys

Ticker	$ Bought
mastercraft boat hldgs inc	4,273,400
jakks pac inc	3,116,380
better home & finance holdin	1,796,550
cibus inc	1,182,660

New stocks bought by GRATIA CAPITAL, LLC

Additions

Ticker	% Inc.
xponential fitness inc	191
acres commercial realty corp	64.31
franklin bsp rlty tr inc	42.12
boyd gaming corp	29.58
tpg re fin tr inc	27.08
arq inc	23.69
sunrise rlty tr inc	19.92
beazer homes usa inc	18.33

Additions to existing portfolio by GRATIA CAPITAL, LLC

Reductions

Ticker	% Reduced
cadiz inc	-25.32
granite pt mtg tr inc	-16.78
navios maritime partners l p	-14.62
archer aviation inc	-14.44
helport ai ltd	-1.24

GRATIA CAPITAL, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
abacus global mgmt inc	-4,699,240
landsea homes corp	-3,659,400
synergy chc corp	-248,968
firstcash holdings inc	-2,996,810

GRATIA CAPITAL, LLC got rid off the above stocks

Sector Distribution

GRATIA CAPITAL, LLC has about 45.9% of it's holdings in Real Estate sector.

Sector	%
Real Estate	45.9
Consumer Cyclical	22.3
Others	21.4
Industrials	8
Utilities	2.4

Market Cap. Distribution

GRATIA CAPITAL, LLC has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
SMALL-CAP	59.5
UNALLOCATED	21.4
MICRO-CAP	15.1
MID-CAP	4

Stocks belong to which Index?

About 67.1% of the stocks held by GRATIA CAPITAL, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	67.1
Others	32.9

Top 5 Winners (%)		%
ACHR	archer aviation inc	52.6 %
BYD	boyd gaming corp	13.9 %
BZH	beazer homes usa inc	8.1 %
CDZI	cadiz inc	2.0 %

Top 5 Winners ($)		$
ACHR	archer aviation inc	1.1 M
BYD	boyd gaming corp	0.5 M
BZH	beazer homes usa inc	0.3 M
CDZI	cadiz inc	0.1 M

Top 5 Losers (%)		%
CMTG	claros mtg tr inc	-23.6 %
FBRT	franklin bsp rlty tr inc	-11.9 %
ACR	acres commercial realty corp	-11.2 %
BRSP	brightspire capital inc	-9.2 %
MFA	mfa finl inc	-7.8 %

Top 5 Losers ($)		$
FBRT	franklin bsp rlty tr inc	-1.2 M
CMTG	claros mtg tr inc	-1.2 M
TRTX	tpg re fin tr inc	-0.9 M
BRSP	brightspire capital inc	-0.3 M
ACR	acres commercial realty corp	-0.3 M

GRATIA CAPITAL, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of GRATIA CAPITAL, LLC

GRATIA CAPITAL, LLC has 22 stocks in it's portfolio. About 63.5% of the portfolio is in top 10 stocks. FBRT proved to be the most loss making stock for the portfolio. ACHR was the most profitable stock for GRATIA CAPITAL, LLC last quarter.

Last Reported on: 14 Aug, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	TRTX	tpg re fin tr inc	20.06	2,664,590	20,570,600	added	27.08
Historical Trend of TPG RE FIN TR INC Position Held By GRATIA CAPITAL, LLC What % of Portfolio is TRTX?: Number of TRTX shares held: Change in No. of Shares Held:
	FBRT	franklin bsp rlty tr inc	8.53	817,837	8,742,680	added	42.12

	XPOF	xponential fitness inc	5.64	771,417	5,777,910	added	191

	NMM	navios maritime partners l p	4.94	134,356	5,062,530	reduced	-14.62

		sunrise rlty tr inc	4.62	446,720	4,735,230	added	19.92

	ADES	arq inc	4.49	857,962	4,607,260	added	23.69

	MCFT	mastercraft boat hldgs inc	4.17	230,000	4,273,400	new

	CMTG	claros mtg tr inc	3.71	1,335,800	3,807,030	unchanged	0.00

		magnera corp	3.71	314,627	3,800,690	added	7.3

	BYD	boyd gaming corp	3.62	47,389	3,707,240	added	29.58

	BZH	beazer homes usa inc	3.52	161,400	3,610,520	added	18.33

	JAKK	jakks pac inc	3.04	149,970	3,116,380	new

	BRSP	brightspire capital inc	2.96	600,000	3,030,000	unchanged	0.00

	TNP	tsakos energy navigation ltd	2.72	145,228	2,786,920	unchanged	0.00

	ACHR	archer aviation inc	2.65	250,000	2,712,500	reduced	-14.44

	ACR	acres commercial realty corp	2.20	125,994	2,260,330	added	64.31

	CDZI	cadiz inc	2.15	737,500	2,205,120	reduced	-25.32

	MFA	mfa finl inc	2.08	225,469	2,132,940	unchanged	0.00

		better home & finance holdin	1.75	145,000	1,796,550	new

	GPMT	granite pt mtg tr inc	1.60	665,783	1,644,480	reduced	-16.78