Almitas Capital
Almitas Capital reported 129 stocks worth $417M in its 13F filing for Q2 2026, filed Aug 17, 2026. Its largest holdings are FBTC (16.7%), BTT (8.1%) and ASA (7.8%). Compared with Q1 2026, the fund opened new positions in TYG, MFM and AOR, added to ASA, PDX and CRF, trimmed FBTC, AMLX and DSGN and sold out of XNQPX, BIO and XCMUX.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  FBTC Fidelity Wise Origin Bitcoin | $69.7M | 16.7% | 1.4M | −172K (−11%) | 8 of 8 | |
| 2 |  BTT Blackrock Mun Target Term TR Com Shs Ben in | $33.8M | 8.1% | 1.5M | No change | 8 of 8 | |
| 3 |  ASA ASA Gold and Precious Mtls L | $32.7M | 7.8% | 629K | +103K (+20%) | 4 of 8 | |
| 4 |  AMLX Amylyx Pharmaceuticals Inc | $17.5M | 4.2% | 975K | −1.1M (−54%) | 8 of 8 | |
| 5 |  DSGN Design Therapeutics Inc | $14.9M | 3.6% | 1M | −503K (−33%) | 8 of 8 | |
| 6 |  PDX Pimco Dynamic Income Strateg Com SH | $11.4M | 2.7% | 549K | +8,003 (+1%) | 3 of 8 | |
| 7 |  CRF Cornerstone Total Return FD | $11.3M | 2.7% | 1.6M | +457K (+41%) | 4 of 8 | |
| 8 |  CNNE Cannae Hldgs Inc | $10.7M | 2.6% | 741K | No change | 6 of 8 | |
| 9 |  MEGI Nyli Cbre Global Infr Megatren | $8.5M | 2.0% | 557K | +241K (+76%) | 6 of 8 | |
| 10 |  LYEL Lyell Immunopharma Inc | $8.2M | 2.0% | 581K | +3,600 (+1%) | 5 of 8 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
 XNQPX Nuveen Pennsylvania Qlt Mun C | $12.6M | 1.1M |
 BIO Bio Rad Labs Inc | $8.4M | 30K |
 XCMUX Mfs High Yield Mun TR | $5.4M | 1.5M |
 MRCC Monroe Cap Corp Com | $5.2M | 1.3M |
MFS HIGH | $4.7M | 1.3M |
🔒 Free account: see all 21.
Reported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 17, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Almitas Capital 13F FAQ
What does Almitas Capital own?
Almitas Capital reported 129 stocks worth $417M in its 13F filing for Q2 2026, filed Aug 17, 2026. Its largest holdings are FBTC (16.7%), BTT (8.1%) and ASA (7.8%). The table above lists every position in the filing (the top 10 without an account).
What did Almitas Capital buy and sell in Q2 2026?
Compared with Q1 2026: 35 new positions, 32 added to, 21 trimmed and 21 sold out. New positions include TYG, MFM and AOR. It sold all of XNQPX, BIO and XCMUX.
When will Almitas Capital file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is Almitas Capital's portfolio worth?
The Q2 2026 filing reports $417M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.