ALMITAS CAPITAL LLC

Filed: 2/17/2026ACC: 0001596468-26-000002

📋 What this filing means

ALMITAS CAPITAL LLC filed this quarterly 13F‑HR report disclosing 107 equity positions with a total reported market value of $454.17M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

107

Positions

$454.17M

Total AUM (reported)

40.63M

Total Shares

Allocation by class

SHS$166.31M36.6%

COM$135.91M29.9%

SH BEN INT$41.70M9.2%

COM SHS BEN IN$33.91M7.5%

COM NEW$24.17M5.3%

COM SH BEN INT$11.94M2.6%

COM SHS$11.89M2.6%

Portfolio Concentration

Top 3$176.69M38.9%

4–10$109.62M24.1%

11–25$75.70M16.7%

Rest$92.16M20.3%

Top 3 weight

38.9%

Top 10 weight

63.0%

Voting Authority Distribution

Total shares with voting rights: 40.63M

Sole

Full voting authority

40.63M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole107

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings107

Rows:

FIDELITY WISE ORIGIN BITCOIN

SOLE

SHS

Shares1.54M

TypeSH

Market value$117.14M

25.79%

Sole

1.54M

Shared

0.00

None

0.00

BLACKROCK MUN TARGET TERM TR

SOLE

COM SHS BEN IN

Shares1.49M

TypeSH

Market value$33.91M

7.47%

Sole

1.49M

Shared

0.00

None

0.00

AMYLYX PHARMACEUTICALS INC

SOLE

COM

Shares2.12M

TypeSH

Market value$25.64M

5.65%

Sole

2.12M

Shared

0.00

None

0.00

ASA GOLD AND PRECIOUS MTLS L

SOLE

SHS

Shares382.14K

TypeSH

Market value$22.80M

5.02%

Sole

382.14K

Shared

0.00

None

0.00

FIDELITY ETHEREUM FD

SOLE

SHS

Shares650K

TypeSH

Market value$19.25M

4.24%

Sole

650K

Shared

0.00

None

0.00

LYELL IMMUNOPHARMA INC

SOLE

COM NEW

Shares577.81K

TypeSH

Market value$17.78M

3.92%

Sole

577.81K

Shared

0.00

None

0.00

ELME COMMUNITIES

SOLE

SH BEN INT

Shares1.01M

TypeSH

Market value$17.61M

3.88%

Sole

1.01M

Shared

0.00

None

0.00

DESIGN THERAPEUTICS INC

SOLE

COM

Shares1.53M

TypeSH

Market value$14.36M

3.16%

Sole

1.53M

Shared

0.00

None

0.00

FS SPECIALTY LENDING FD

SOLE

COM SH BEN INT

Shares801.78K

TypeSH

Market value$11.34M

2.50%

Sole

801.78K

Shared

0.00

None

0.00

CANNAE HLDGS INC

SOLE

COM

Shares411.89K

TypeSH

Market value$6.48M

1.43%

Sole

411.89K

Shared

0.00

None

0.00

MONROE CAP CORP

SOLE

COM

Shares999.04K

TypeSH

Market value$6.36M

1.40%

Sole

999.04K

Shared

0.00

None

0.00

CRESCENT CAP BDC INC

SOLE

COM

Shares444.23K

TypeSH

Market value$6.24M

1.37%

Sole

444.23K

Shared

0.00

None

0.00

BRIGHTSPIRE CAPITAL INC

SOLE

COM CL A

Shares1.03M

TypeSH

Market value$5.76M

1.27%

Sole

1.03M

Shared

0.00

None

0.00

BNY MELLON STRATEGIC MUN BD

SOLE

COM

Shares926.30K

TypeSH

Market value$5.72M

1.26%

Sole

926.30K

Shared

0.00

None

0.00

PIMCO CALIF MUN INCOME FD

SOLE

COM

Shares640.61K

TypeSH

Market value$5.59M

1.23%

Sole

640.61K

Shared

0.00

None

0.00

MFS HIGH YIELD MUN TR

SOLE

SH BEN INT

Shares1.50M

TypeSH

Market value$5.26M

1.16%

Sole

1.50M

Shared

0.00

None

0.00

LIBERTY ALL STAR EQUITY FD

SOLE

SH BEN INT

Shares804.61K

TypeSH

Market value$5.05M

1.11%

Sole

804.61K

Shared

0.00

None

0.00

ISHARES ETHEREUM TR

SOLE

SHS

Shares219.41K

TypeSH

Market value$4.92M

1.08%

Sole

219.41K

Shared

0.00

None

0.00

ISHARES TR

SOLE

IBOXX HI YD ETF

Shares60K

TypeSH

Market value$4.84M

1.07%

Sole

60K

Shared

0.00

None

0.00

JAPAN SMALLER CAPITALIZATION

SOLE

COM

Shares435.99K

TypeSH

Market value$4.83M

1.06%

Sole

435.99K

Shared

0.00

None

0.00

CLOUGH GLOBAL OPPORTUNITIES

SOLE

SH BEN INT

Shares790.29K

TypeSH

Market value$4.47M

0.98%

Sole

790.29K

Shared

0.00

None

0.00

MFS HIGH INCOME MUN TR

SOLE

SH BEN INT

Shares1.19M

TypeSH

Market value$4.42M

0.97%

Sole

1.19M

Shared

0.00

None

0.00

NUVEEN PENNSYLVANIA QLT MUN

SOLE

COM

Shares368.80K

TypeSH

Market value$4.38M

0.97%

Sole

368.80K

Shared

0.00

None

0.00

DTF TAX-FREE INCOME 2028 TER

SOLE

COM

Shares350.94K

TypeSH

Market value$4.01M

0.88%

Sole

350.94K

Shared

0.00

None

0.00

ARMOUR RESIDENTIAL REIT INC

SOLE

COM SHS

Shares217.15K

TypeSH

Market value$3.84M

0.85%

Sole

217.15K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
FIDELITY WISE ORIGIN BITCOINSOLE	SHS	1.54M	SH	$117.14M 25.79%	1.54M
BLACKROCK MUN TARGET TERM TRSOLE	COM SHS BEN IN	1.49M	SH	$33.91M 7.47%	1.49M
AMYLYX PHARMACEUTICALS INCSOLE	COM	2.12M	SH	$25.64M 5.65%	2.12M
ASA GOLD AND PRECIOUS MTLS LSOLE	SHS	382.14K	SH	$22.80M 5.02%	382.14K
FIDELITY ETHEREUM FDSOLE	SHS	650K	SH	$19.25M 4.24%	650K
LYELL IMMUNOPHARMA INCSOLE	COM NEW	577.81K	SH	$17.78M 3.92%	577.81K
ELME COMMUNITIESSOLE	SH BEN INT	1.01M	SH	$17.61M 3.88%	1.01M
DESIGN THERAPEUTICS INCSOLE	COM	1.53M	SH	$14.36M 3.16%	1.53M
FS SPECIALTY LENDING FDSOLE	COM SH BEN INT	801.78K	SH	$11.34M 2.50%	801.78K
CANNAE HLDGS INCSOLE	COM	411.89K	SH	$6.48M 1.43%	411.89K
MONROE CAP CORPSOLE	COM	999.04K	SH	$6.36M 1.40%	999.04K
CRESCENT CAP BDC INCSOLE	COM	444.23K	SH	$6.24M 1.37%	444.23K
BRIGHTSPIRE CAPITAL INCSOLE	COM CL A	1.03M	SH	$5.76M 1.27%	1.03M
BNY MELLON STRATEGIC MUN BDSOLE	COM	926.30K	SH	$5.72M 1.26%	926.30K
PIMCO CALIF MUN INCOME FDSOLE	COM	640.61K	SH	$5.59M 1.23%	640.61K
MFS HIGH YIELD MUN TRSOLE	SH BEN INT	1.50M	SH	$5.26M 1.16%	1.50M
LIBERTY ALL STAR EQUITY FDSOLE	SH BEN INT	804.61K	SH	$5.05M 1.11%	804.61K
ISHARES ETHEREUM TRSOLE	SHS	219.41K	SH	$4.92M 1.08%	219.41K
ISHARES TRSOLE	IBOXX HI YD ETF	60K	SH	$4.84M 1.07%	60K
JAPAN SMALLER CAPITALIZATIONSOLE	COM	435.99K	SH	$4.83M 1.06%	435.99K
CLOUGH GLOBAL OPPORTUNITIESSOLE	SH BEN INT	790.29K	SH	$4.47M 0.98%	790.29K
MFS HIGH INCOME MUN TRSOLE	SH BEN INT	1.19M	SH	$4.42M 0.97%	1.19M
NUVEEN PENNSYLVANIA QLT MUNSOLE	COM	368.80K	SH	$4.38M 0.97%	368.80K
DTF TAX-FREE INCOME 2028 TERSOLE	COM	350.94K	SH	$4.01M 0.88%	350.94K
ARMOUR RESIDENTIAL REIT INCSOLE	COM SHS	217.15K	SH	$3.84M 0.85%	217.15K

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