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SMH Capital Advisors Inc.

CIK:0001180391
Investment Adviser
$420M AUM
46 holdings
Fort Worth, TX, USA
Founded:1997
4 employees
Latest filing:Jun 30, 2025

SMH Capital Advisors LLC is a registered investment adviser headquartered in Fort Worth, Texas. The firm was founded in 1997 and currently employs approximately 3-4 people. It serves retail investors, institutional clients, and as a sub-adviser to mutual funds in the Catalyst family. SMH Capital Advisors is regulated by the SEC, and maintains a fiduciary duty to act in their clients’ best interests. The firm offers investment advisory and discretionary management services, including platform programs and institutional investment solutions.

Investment Strategy

SMH Capital Advisors LLC provides discretionary investment advisory services to retail and institutional investors through several programs, allocating client assets among mutual funds, ETFs, stocks, bonds, real estate investment trusts (REITs), business development companies (BDCs), and other securities. The firm emphasizes diversified asset allocation and offers sub-advisory services to Catalyst mutual funds. Account minimums and specific investment allocations are determined by strategy type, with monitoring and tailored solutions provided for each client program. SMHCA pursues long-term growth and risk-adjusted returns through diversified public and private securities across multiple sectors and asset classes.

Latest 13F Filing Activity

SMH Capital Advisors Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 42 equity positions with a total 13F market value of $44M. The fund increased holdings in SPDR S&P 500 Etf TR, SPDR Series Trust, Blue Owl Capital Inc. among other positions. SMH Capital Advisors Inc. reduced exposure to Compass Diversified, AT&T Inc., Enbridge Inc. among others.

Top Buys
S
SPYSPDR S&P 500 ETF TR
+$1.2M
S
SPHYSPDR SERIES TRUST
+$773.0K
O
OWLBLUE OWL CAPITAL INC
+$667.5K
D
DKSDICKS SPORTING GOODS INC
+$538.6K
C
CGBDCARLYLE SECURED LENDING INC
+$299.9K
Top Sells
C
CODICOMPASS DIVERSIFIED
-$970.3K
T
TAT&T INC
-$745.4K
E
ENBENBRIDGE INC
-$644.9K
T
TRINTRINITY CAP INC
-$155.7K
C
CIVICIVITAS RESOURCES INC
-$152.9K

Top Holdings

T
TRINTRINITY CAP INC
+4.3%$1.9M
S
SPHYSPDR SERIES TRUST
+3.3%$1.5M
V
VICIVICI PPTYS INC
+3.0%$1.3M
S
SPYSPDR S&P 500 ETF TR
+2.7%$1.2M
M
MAINMAIN STR CAP CORP
+2.5%$1.1M

Equity Positions (42)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
TRINITY CAP INC4.33%$1.9M135,485$14.27$14.07-$155.7K
SPDR SERIES TRUST3.35%$1.5M62,000$23.64$23.80+$773.0K
VICI PPTYS INC3.04%$1.3M41,070$29.66$32.60-$4.6K
SPDR S&P 500 ETF TR2.66%$1.2M1,896$617.85$617.85+$1.2M
MAIN STR CAP CORP2.50%$1.1M18,630$41.65$59.10+$40.2K

Industry Allocation

REAL ESTATE INVESTMENT TRUSTS
+6.0%
INVESTMENT ADVICE
+5.2%
CRUDE PETROLEUM & NATURAL GAS
+1.5%
RETAIL-MISCELLANEOUS SHOPPING GOODS STORES
+1.2%
DRILLING OIL & GAS WELLS
+0.9%