Almitas Capital is based out of Santa Monica. Almitas Capital is a hedge fund with 2 clients and discretionary assets under management (AUM) of $665,133,933 (Form ADV from 2023-05-30). Their last reported 13F filing for Q4 2023 included $290,239,743 in managed 13F securities
and a top 10 holdings concentration of 42.84%. Almitas Capital's largest holding is Great Ajax Corp, 7.25% Convertible Senior Notes due 4/30/2024 with shares held of 893,646. Whalewisdom has at least 18 13F filings, 1 13D filings, and 23 13G filings
2023-12-31
Top Buys (13F)
Name | % Change |
---|---|
BMEZ BlackRock Health Sci | 5.81% |
BKCC BlackRock Capital In | 2.39% |
NQP NUVEEN PENNSYLVANIA | 1.98% |
ORC Orchid Island Capita | 1.85% |
MMD Moore Medical Corp. | 1.66% |
2023-12-31
Top Sells (13F)
Name | % Change |
---|---|
SABA Saba Capital Income | 5.73% |
ECAT BlackRock ESG Capita | 3.6% |
CEN Center Coast Brookfi | 3% |
JHAA Nuveen Corporate Inc | 1.89% |
FDEU FIRST TRUST DYNAMIC | 1.89% |
2023-12-31
13F Holdings Summary
Name | $ Change |
---|---|
AJXA Great Ajax Corp, 7.2 | 7.57% |
BMEZ BlackRock Health Sci | 6.53% |
NPCT Nuveen Core Plus Imp | 5.95% |
HIE Miller/Howard High I | 3.98% |
BKCC BlackRock Capital In | 3.9% |
2023-12-31
13F Activity
Market Value | $290m, Prior: $209m |
New Purchases | 45 stocks |
Added To | 46 stocks |
Sold out of | 17 stocks |
Reduced holdings in | 16 stocks |
Top 10 Holdings % | 42.84% |
Turnover %[1] | 53.45% |
Turnover Alt %[2] | 18.04% |
Time Held Top 20 | 2.1 quarters |
Time Held Top 10 | 1.9 quarters |
Time Held All | 2.98 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31