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Almitas Capital Portfolio holdings

AUM $443M
1-Year Est. Return 42.36%
This Fund
S&P 500
This Quarter Est. Return
+7.82%
1 Year Est. Return
+42.36%
3 Year Est. Return
+85.86%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$283M
AUM Growth
+$42.5M
Cap. Flow
+$23.8M
Cap. Flow %
8.4%
Top 10 Hldgs %
60.04%
Holding
89
New
13
Increased
21
Reduced
26
Closed
21

Top Buys

Rank Stock Value
1
FBTC icon
Fidelity Wise Origin Bitcoin Fund
FBTC
+$59.5M
2
BTT icon
BlackRock Municipal 2030 Target Term Trust
BTT
+$9.76M
3
ZNTL icon
Zentalis Pharmaceuticals
ZNTL
+$3.49M
4
DMF
BNY Mellon Municipal Income
DMF
+$3.48M
5
IGI
Western Asset Investment Grade Defined Opportunity Trust
IGI
+$2.28M

Top Sells

Rank Stock Value
1
NPCT icon
Nuveen Core Plus Impact Fund
NPCT
+$12.8M
2
JPI
Nuveen Preferred Securities & Income Opportunities Fund
JPI
+$9.76M
3
ECAT icon
BlackRock ESG Capital Allocation Term Trust
ECAT
+$8.83M
4
BMEZ icon
BlackRock Health Sciences Trust II
BMEZ
+$4.06M
5
GAM
General American Investors Company
GAM
+$3.33M

Sector Composition

Rank Sector Weight
1 Healthcare 8.87%
2 Financials 3.38%
3 Real Estate 0.83%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IQI icon
76
Invesco Quality Municipal Securities
IQI
$527M
– –
-17,854
Closed -$177K
JPI
77
DELISTED
Nuveen Preferred Securities & Income Opportunities Fund
JPI
– –
-501,903
Closed -$9.76M
KTF
78
DWS Municipal Income Trust
KTF
$346M
– –
-60,033
Closed -$569K
NBH
79
Neuberger Municipal Fund Inc
NBH
$307M
– –
-62,971
Closed -$673K
NXJ
80
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
– –
-54,402
Closed -$664K
PCK
81
DELISTED
Pimco California Municipal Income Fund II
PCK
– –
-10,891
Closed -$63.7K
PDX
82
PIMCO Dynamic Income Strategy Fund
PDX
$939M
– –
-53,223
Closed -$1.19M
TBLD
83
Thornburg Income Builder Opportunities Trust
TBLD
$699M
– –
-54,685
Closed -$882K
TYG
84
Tortoise Energy Infrastructure Corp
TYG
$1.1B
– –
-25,457
Closed -$888K
VGM icon
85
Invesco Trust Investment Grade Municipals
VGM
$552M
– –
-12,534
Closed -$129K
VPV icon
86
Invesco Pennsylvania Value Municipal Income Trust
VPV
$193M
– –
-153,384
Closed -$1.67M
VTN icon
87
Invesco Trust for Investment Grade New York Municipals
VTN
$161M
– –
-96,688
Closed -$1.09M
CBH
88
DELISTED
Virtus Convertible & Income 2024 Target Term Fund
CBH
– –
-271,764
Closed -$2.45M
1 2 3
4

Similar funds

HBT
Heartland Bank & Trust Bloomington, Illinois $442M AUM 28.29% 1-Year Est. Return
EFMC
Empire Financial Management Company New York $442M AUM 24.42% 1-Year Est. Return
BFA
Beacon Financial Advisory Cleveland, Ohio $443M AUM 17.02% 1-Year Est. Return
CP
Cornerstone Planning Charlotte, North Carolina $443M AUM
CMP
Coston McIsaac & Partners Bar Harbor, Maine $443M AUM 6.68% 1-Year Est. Return
PLU
Performa Ltd (US) Charleston, South Carolina $442M AUM 13.84% 1-Year Est. Return
TC
TownSquare Capital Provo, Utah $444M AUM 24.03% 1-Year Est. Return
TAS
TIFF Advisory Services Radnor, Pennsylvania $444M AUM 24.8% 1-Year Est. Return

Almitas Capital's Q3 2024 Portfolio in Review

As of Q3 2024, Almitas Capital held 89 positions worth $283M, up 18% from $241M the previous quarter. Its ten largest holdings account for 60% of the portfolio.

Almitas Capital deployed $23.8M of net new capital in Q3 2024, opening 13 new positions and adding to 21 existing holdings. Its largest new stake was Fidelity Wise Origin Bitcoin Fund: 1,115,370 shares worth $61.9M.

By sector, the portfolio is most concentrated in Healthcare at 8.9% of assets, up from 6.3% a quarter earlier, followed by Financials and Real Estate.

On the sell side, the largest reduction was Nuveen Core Plus Impact Fund, an estimated $12.8M trimmed.

  • Almitas Capital's largest Q3 2024 buy was Fidelity Wise Origin Bitcoin Fund: 1,115,370 shares worth $61.9M.
  • Almitas Capital added most to BlackRock Municipal 2030 Target Term Trust in Q3 2024, an estimated $9.76M increase.
  • Almitas Capital's biggest Q3 2024 reduction was Nuveen Core Plus Impact Fund, cutting an estimated $12.8M.
  • Almitas Capital fully exited Nuveen Preferred Securities & Income Opportunities Fund in Q3 2024, selling an estimated $9.76M.
  • Almitas Capital's ten largest holdings make up 60% of its $283M portfolio in Q3 2024.
  • Almitas Capital opened 13 new positions and closed 21 in Q3 2024.
  • Almitas Capital's portfolio value rose 18% quarter-over-quarter to $283M.

Based on Almitas Capital's 13F filing for Q3 2024, filed 14 Nov 2024.