Almitas Capital LLC
Annual return '25
+8.7%
SPY '25
+17.7%
Alpha
-9.1ptsvs SPY
Invested
$442.5M
Holdings
115
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 96%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$FBTC
FIDELITY WISE ORIGIN BITCOIN
Held since at least Q1 2024
20.5%
02
$BTT
BLACKROCK MUN TARGET TERM TR
Held since at least Q1 2024
7.6%
03
$ASA
ASA GOLD AND PRECIOUS MTLS L
Held since at least Q1 2024
7.4%
04
$AMLX
AMYLYX PHARMACEUTICALS INC
Held since at least Q1 2024
6.7%
05
$DSGN
DESIGN THERAPEUTICS INC
Held since at least Q1 2024
3.7%
06
$NQP
NUVEEN PA INVT QUALITY MUN F
Held since at least Q1 2024
2.9%
07
$PDX
PIMCO DYNAMIC INCOME STRATEG
Held since at least Q1 2024
2.7%
08
$LYEL
LYELL IMMUNOPHARMA INC
Held since at least Q1 2024
2.6%
09
$BIO
BIO RAD LABS INC
Held since at least Q1 2024
1.9%
10
$CNNE
CANNAE HLDGS INC
Held since at least Q1 2024
1.9%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 09:26 UTC.