Gratia Capital, LLC holds a focused book of 24 stocks worth $105.7M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Walker & Dunlop Inc and trimmed Navios Maritime Partners LP. Their largest long position is TPG Re Finance Trust Inc at 20% of the equity book. They also disclosed $49.6M in put options (a bearish bet) and $71.9M in call options (bullish), shown separately below and excluded from the equity book.
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curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1599793/holdings"
Use Arkolith to show GRATIA CAPITAL, LLC's latest holdings, largest changes, and filing provenance.
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.
100% mapped to company sectors
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, no cost basis
Bars show each stock's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | TPG Re Fin TR Inc COM | $21.1M | 2.70M | 20.0% | ▲+33% Added · +670K sh | |
| 2 | Franklin BSP Rlty TR Inc COMMON STOCK | $19.3M | 2.28M | 18.3% | ▲+164% Added · +1.4M sh | |
| 3 | Navios Maritime Partners LP COM UNIT LPI | $6.9M | 101.9K | 6.5% | ▼−24% Reduced · −33K sh | |
| 4 | Dave Inc CLASS A COM NEW | $6.0M | 34.2K | 5.6% | ▲+16% Added · +5K sh | |
| 5 | Walker & Dunlop Inc COM | $5.0M | 113.0K | 4.7% | ▲New New position | |
| 6 | Claros MTG TR Inc COMMON STOCK | $4.0M | 1.70M | 3.8% | —Held | |
| 7 | Mastercraft Boat Hldgs Inc COM | $4.0M | 195.0K | 3.8% | ▼−25% Reduced · −66K sh | |
| 8 | Duos Technologies Group Inc COM | $4.0M | 580.0K | 3.8% | ▲New New position | |
| 9 | Tsakos Energy Navigation Ltd SHS | $3.9M | 100.0K | 3.7% | ▼−30% Reduced · −43K sh | |
| 10 | Better Home & Finance Holdin COM NEW CL A | $3.9M | 110.4K | 3.7% | ▲+8.5% Added · +9K sh | |
| 11 | Comstock Inc COM SHS | $3.4M | 1.11M | 3.2% | ▼−4.3% Reduced · −50K sh | |
| 12 | Sunrise Rlty TR Inc COM | $3.4M | 438.8K | 3.2% | ▼−3.3% Reduced · −15K sh | |
| 13 | Anterix Inc COM | $3.3M | 87.5K | 3.2% | ▲New New position | |
| 14 | Granite PT MTG TR Inc COM STK | $3.2M | 2.24M | 3.1% | —Held | |
| 15 | Magnera Corp COM SHS | $2.8M | 299.6K | 2.7% | ▼−4.8% Reduced · −15K sh | |
| 16 | Cadiz Inc COM NEW | $2.5M | 506.0K | 2.4% | ▼−66% Reduced · −991K sh | |
| 17 | U Haul Holding Company COM SER N | $2.1M | 46.5K | 2.0% | ▲New New position | |
| 18 | Kosmos Energy Ltd COM | $2.0M | 719.8K | 1.9% | ▲New New position | |
| 19 | Aehr Test Sys COM | $1.9M | 51.6K | 1.8% | ▼−63% Reduced · −86K sh | |
| 20 | Archer Aviation Inc COM CL A | $997K | 192.8K | 0.9% | —Held | |
| 21 | National Cinemedia Inc COM NEW | $970K | 318.0K | 0.9% | ▼−51% Reduced · −332K sh | |
| 22 | Synergy CHC Corp COM NEW | $710K | 550.0K | 0.7% | ▼−0.9% Reduced · −5K sh | |
| 23 | Helport AI Ltd *W EXP 03/31/202 | $143K | 1.30M | 0.1% | —Held | |
| 24 | United States Antimony Corp COM | $8K | 900 | 0.0% | ▲New New position |
Put / call positions from the 13F — totals include every disclosed option leg
| Type | Underlying | Notional value | Underlying shares |
|---|---|---|---|
| PUT · bearish | ISHARES RUSSELL 2000 ETFIWM | $49.6M | 200K |
| CALL · bullish | AEHR TEST SYSTEMSAEHR | $25.8M | 697K |
| CALL · bullish | TPG RE FINANCE TRUST INCTRTX | $12.5M | 1.6M |
| CALL · bullish | ANTERIX INCATEX | $7.6M | 200K |
| CALL · bullish | WEYERHAEUSER COWY | $7.3M | 300K |
| CALL · bullish | WALKER & DUNLOP INCWD | $6.7M | 150K |
| CALL · bullish | HUDSON PACIFIC PROPERTIES INHPP | $5.9M | 1.0M |
| CALL · bullish | KOSMOS ENERGY LTDKOS | $4.2M | 1.5M |
| CALL · bullish | DHT HOLDINGS INCDHT | $1.8M | 100K |
| CALL · bullish | CADIZ INCCDZI | $25K | 5K |
13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.
As-of date vs the date the SEC received each filing
Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.