Sign in

Almitas Capital LLC

CIK:0001596468
Asset Manager
$548M AUM
82 holdings
Santa Monica, CA, United States
Founded:2013
7 employees
Latest filing:Jun 30, 2025

Almitas Capital LLC is an investment advisory firm headquartered in Santa Monica, California. Established in 2013, the firm specializes in asset management services for institutional and high-net-worth clients. With a boutique approach and a focused employee roster, Almitas Capital manages assets through public filings and serves investors seeking sophisticated alternative investment strategies.

Investment Strategy

Almitas Capital LLC employs a research-driven investment process with an emphasis on structured credit, asset-backed securities, and related alternative fixed income sectors. The firm seeks to generate superior risk-adjusted returns by identifying market inefficiencies and employing specialized analysis to capitalize on opportunities across the structured products landscape, aiming for consistent yields and downside protection.

Top Buys
F
FBTCFIDELITY WISE ORIGIN BITCOIN
+$32.6M
F
FETHFIDELITY ETHEREUM FD
+$16.4M
P
PHTPIONEER HIGH INCOME FUND INC
+$13.0M
M
MAVPIONEER MUNICIPAL HIGH INCOM
+$7.8M
M
MHIPIONEER MUNICIPAL HIGH INCOM
+$6.9M
Top Sells
N
NKTRNektar Therapeutics
-$3.1M
M
MEGINYLI CBRE GBL INFR MEGTRNDS
-$2.4M
T
TYGTortoise Energy Infrastructure Corp
-$1.4M
L
LYELLyell Immunopharma Inc
-$1.3M
Z
ZNTLZENTALIS PHARMACEUTICALS INC
-$865.2K

Top Holdings

F
FBTCFIDELITY WISE ORIGIN BITCOIN
+38.2%$151.5M
B
BTTBLACKROCK MUN TARGET TERM TR
+8.6%$34.1M
F
FETHFIDELITY ETHEREUM FD
+4.1%$16.4M
A
AMLXAMYLYX PHARMACEUTICALS INC
+3.4%$13.6M
P
PHTPIONEER HIGH INCOME FUND INC
+3.3%$13.0M

Equity Positions (76)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
F
FBTC
FIDELITY WISE ORIGIN BITCOIN38.22%$151.5M1,611,637$64.80$93.99+$32.6M
B
BTT
BLACKROCK MUN TARGET TERM TR8.61%$34.1M1,558,260$20.92$21.89+$1.0M
F
FETH
FIDELITY ETHEREUM FD4.13%$16.4M650,000$25.17$25.17+$16.4M
A
AMLX
AMYLYX PHARMACEUTICALS INC3.43%$13.6M2,122,597$2.04$6.41+$6.1M
P
PHT
PIONEER HIGH INCOME FUND INC3.27%$13.0M1,604,088$8.09$8.09+$13.0M

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+8.0%
FINANCE SERVICES
+4.1%
REAL ESTATE INVESTMENT TRUSTS
+2.1%
RETAIL-EATING & DRINKING PLACES
+1.7%
COMMODITY CONTRACTS BROKERS & DEALERS
+1.6%