Almitas Capital LLC holds a focused book of 130 reported positions worth $417.4M as of Q2 2026 (disclosed Aug 17, 2026, a ~48-day 13F lag). This quarter they opened Tortoise Energy Infrastruct and trimmed Fidelity Wise Origin Bitcoin. Their largest long position is Fidelity Wise Origin Bitcoin at 17% of the reported non-option book. Cloning the disclosed picks since 2019 would be +123% (+11.2%/yr). That is a simulation of the disclosed long book, not audited returns.
The reported book (valued from quarter-end) returned +154.9%, a 31.8-point gap that is the cost of the ~48-day 13F disclosure lag a real follower can't avoid.
Growth of $10,000 cloning Almitas Capital LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~48 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.
Top-heavy: focused book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
42% mapped to company sectors
+2 sectors below the cut, under 0.5% together
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis
Other tracked managers holding the same core names as Almitas Capital LLC
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| Thomas J. Herzfeld Advisors, Inc. | 27 / 80 | $107.7M |
| Bulldog Investors, LLP | 19 / 80 | $127.4M |
| Closed-End Fund Advisors, Inc. | 29 / 80 | $25.9M |
| Shaker Financial Services, LLC | 17 / 80 | $58.0M |
| Rivernorth Capital Management, LLC | 27 / 80 | $336.2M |
| Matisse Capital | 13 / 80 | $37.4M |
| Alpine Global Management, LLC | 13 / 80 | $83.9M |
| Robinson Capital Management, LLC | 9 / 80 | $28.4M |
Ranked by the share of each fund's own book sitting in the names it shares with Almitas Capital LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.
Bars show each position's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Fidelity Wise Origin Bitcoin SHS | $69.7M | 1.36M | 16.7% | ▼−11% Reduced · −172K sh | |
| 2 | BlackRock Mun Target Term TR COM SHS BEN IN | $33.8M | 1.49M | 8.1% | ▼−0.1% Reduced · −800 sh | |
| 3 | ASA Gold And Precious MTLS L SHS | $32.7M | 629.1K | 7.8% | ▲+20% Added · +103K sh | |
| 4 | Amylyx Pharmaceuticals Inc COM | $17.5M | 974.9K | 4.2% | ▼−54% Reduced · −1.1M sh | |
| 5 | Design Therapeutics Inc COM | $14.9M | 1.03M | 3.6% | ▼−33% Reduced · −503K sh | |
| 6 | Pimco Dynamic Income Strateg COM SHS BEN INT | $11.4M | 549.5K | 2.7% | ▲+1.5% Added · +8K sh | |
| 7 | Cornerstone Total Return FD COM | $11.3M | 1.57M | 2.7% | ▲+41% Added · +457K sh | |
| 8 | Cannae Hldgs Inc COM | $10.7M | 741.3K | 2.6% | —Held | |
| 9 | Nyli Cbre GBL Infr Megtrnds COM | $8.5M | 557.5K | 2.0% | ▲+76% Added · +241K sh | |
| 10 | Lyell Immunopharma Inc COM NEW | $8.2M | 581.4K | 2.0% | ▲+0.6% Added · +4K sh | |
| 11 | BlackRock Health Sciences Te COM SHS | $7.8M | 507.1K | 1.9% | ▲+0.1% Added · +700 sh | |
| 12 | An2 Therapeutics Inc COM | $7.1M | 1.47M | 1.7% | ▼−0.7% Reduced · −10K sh | |
| 13 | Tortoise Energy Infrstrctr C COM | $6.9M | 161.9K | 1.7% | ▲New New position | |
| 14 | Pimco Calif Mun Income FD COM | $6.4M | 710.6K | 1.5% | ▲+15% Added · +94K sh | |
| 15 | Nuveen S&P 500 Dynamic Overw COM | $6.1M | 326.9K | 1.5% | ▲+269% Added · +238K sh | |
| 16 | Alx Oncology Hldgs Inc COM | $6.1M | 2.94M | 1.5% | ▼−7.4% Reduced · −235K sh | |
| 17 | FS Specialty Lending FD COM SH BEN INT | $6.0M | 537.3K | 1.4% | ▲+100% Added · +268K sh | |
| 18 | Pgim Short Dur Hig Yld Opp F COM | $6.0M | 364.7K | 1.4% | ▲+104% Added · +186K sh | |
| 19 | Cornerstone Strategic Invest COM | $5.0M | 661.8K | 1.2% | ▲+50% Added · +220K sh | |
| 20 | Aberdeen Mun Income FD SH BEN INT | $4.9M | 878.5K | 1.2% | ▲New New position | |
| 21 | Ishares TR CORE 60 BALA ETF | $4.9M | 69.9K | 1.2% | ▲New New position | |
| 22 | Schwab Strategic TR US REIT ETF | $4.7M | 198.6K | 1.1% | ▲New New position | |
| 23 | Bny Mellon Strategic Mun BD COM | $4.7M | 758.0K | 1.1% | ▼−18% Reduced · −168K sh | |
| 24 | Liberty All Star Equity FD SH BEN INT | $4.6M | 798.3K | 1.1% | ▲+102% Added · +403K sh | |
| 25 | Japan Smaller Capitalization COM | $4.6M | 386.4K | 1.1% | ▼−4.1% Reduced · −17K sh | |
| 26 | First TR SR FLTG Rate Income COM | $4.5M | 466.1K | 1.1% | ▲+22% Added · +83K sh | |
| 27 | Clough Global Opportunities SH BEN INT | $4.3M | 709.8K | 1.0% | ▲+7.4% Added · +49K sh | |
| 28 | Brightspire Capital Inc COM CL A | $4.2M | 769.0K | 1.0% | ▼−24% Reduced · −247K sh | |
| 29 | DTF Tax-Free Income 2028 Ter COM | $4.1M | 355.1K | 1.0% | —Held | |
| 30 | Crescent Cap BDC Inc COM | $3.9M | 356.9K | 0.9% | —Held | |
| 31 | Elme Communities SH BEN INT | $3.9M | 2.62M | 0.9% | ▲+0.5% Added · +12K sh | |
| 32 | Mexico FD Inc COM | $3.7M | 170.8K | 0.9% | ▼−6.9% Reduced · −13K sh | |
| 33 | The Central And Eastern EU I COM | $3.6M | 173.3K | 0.9% | —Held | |
| 34 | Ladder Cap Corp CL A | $3.4M | 340.5K | 0.8% | ▲+17% Added · +50K sh | |
| 35 | Nuveen Floating Rate Income COM | $3.3M | 435.2K | 0.8% | ▲+5.7% Added · +24K sh | |
| 36 | Pimco New York Mun FD II COM | $3.3M | 467.4K | 0.8% | ▼−4.3% Reduced · −21K sh | |
| 37 | TPG Re Fin TR Inc COM | $3.0M | 362.7K | 0.7% | ▲+11% Added · +35K sh | |
| 38 | Ennis Inc COM | $3.0M | 139.0K | 0.7% | —Held | |
| 39 | Saba Capital Income & Opport COM NEW | $2.9M | 347.8K | 0.7% | —Held | |
| 40 | Clough Global Equity FD COM | $2.9M | 331.2K | 0.7% | ▲+0.1% Added · +218 sh | |
| 41 | First TR High Yield Opprt 20 COM | $2.7M | 198.8K | 0.7% | ▲+20% Added · +33K sh | |
| 42 | Liberty All-Star Growth FD I COM | $2.6M | 466.6K | 0.6% | ▲+238% Added · +329K sh | |
| 43 | Franklin BSP Rlty TR Inc COMMON STOCK | $2.4M | 298.2K | 0.6% | ▲+201% Added · +199K sh | |
| 44 | SRH Total Return Fund Inc COM | $2.4M | 133.8K | 0.6% | ▲+15% Added · +17K sh | |
| 45 | Fulgent Genetics Inc COM | $2.2M | 104.8K | 0.5% | —Held | |
| 46 | Rallybio Corp COM | $1.9M | 120.7K | 0.5% | ▼−37% Reduced · −71K sh | |
| 47 | Tejon Ranch Co COM | $1.7M | 90.3K | 0.4% | ▼−5.0% Reduced · −5K sh | |
| 48 | Blackstone Strategic Cred 20 COM SHS BEN IN | $1.6M | 144.8K | 0.4% | —Held | |
| 49 | Midcap Financial Invstmnt Co COM NEW | $1.4M | 140.5K | 0.3% | —Held | |
| 50 | Pulmonx Corp COM | $1.4M | 1.06M | 0.3% | ▲New New position |
This fund page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1596468/holdings"
Use Arkolith to show Almitas Capital LLC's latest holdings, largest changes, and filing provenance.
As-of date vs the date the SEC received each filing
Reported 13F total per quarter. Raw filing totals can include option notional.
| Quarter | As of | Filed | Lag | Positions | Value | Form |
|---|---|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | Aug 17, 2026 | 48d | 130 | $417.4M | 13F-HR |
| Q1 2026 | Mar 31, 2026 | May 15, 2026 | 45d | 115 | $442.5M | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 17, 2026 | 48d | 107 | $454.2M | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Nov 17, 2025 | 48d | 66 | $436.9M | 13F-HR/A |
| Q2 2025 | Jun 30, 2025 | Aug 14, 2025 | 45d | 82 | $396.4M | 13F-HR |
| Q1 2025 | Mar 31, 2025 | May 15, 2025 | 45d | 81 | $301.4M | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Feb 14, 2025 | 45d | 92 | $456.3M | 13F-HR |
| Q3 2024 | Sep 30, 2024 | Nov 14, 2024 | 45d | 69 | $283.0M | 13F-HR |
| Q2 2024 | Jun 30, 2024 | Aug 15, 2024 | 46d | 76 | $240.5M | 13F-HR |
| Q1 2024 | Mar 31, 2024 | May 14, 2024 | 44d | 69 | $242.1M | 13F-HR |
| Q4 2023 | Dec 31, 2023 | Feb 14, 2024 | 45d | 116 | $290.2M | 13F-HR |
| Q3 2023 | Sep 30, 2023 | Nov 21, 2023 | 52d | 88 | $208.8M | 13F-HR/A |
| Q2 2023 | Jun 30, 2023 | Aug 11, 2023 | 42d | 92 | $233.9M | 13F-HR |
| Q1 2023 | Mar 31, 2023 | May 15, 2023 | 45d | 97 | $209.3M | 13F-HR |
| Q4 2022 | Dec 31, 2022 | Feb 14, 2023 | 45d | 128 | $217.0M | 13F-HR |
| Q3 2022 | Sep 30, 2022 | Nov 14, 2022 | 45d | 87 | $133.9M | 13F-HR |
| Q2 2022 | Jun 30, 2022 | Aug 15, 2022 | 46d | 119 | $193.4M | 13F-HR |
| Q1 2022 | Mar 31, 2022 | May 16, 2022 | 46d | 85 | $167.6M | 13F-HR |
| Q4 2020 | Dec 31, 2020 | Feb 16, 2021 | 47d | 54 | $98.5M | 13F-HR |
| Q3 2020 | Sep 30, 2020 | Nov 13, 2020 | 44d | 46 | $73.7M | 13F-HR |
| Q2 2020 | Jun 30, 2020 | Aug 14, 2020 | 45d | 46 | $80.2M | 13F-HR |
| Q1 2020 | Mar 31, 2020 | May 14, 2020 | 44d | 46 | $45.2M | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.