GRANITESHARES ADVISORS LLC

Filed: 4/23/2026ACC: 0001839545-26-000005

📋 What this filing means

GRANITESHARES ADVISORS LLC filed this quarterly 13F‑HR report disclosing 90 equity positions with a total reported market value of $138.83M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$138.83M

Total AUM (reported)

9.41M

Total Shares

Allocation by class

MSFT$4.37M3.1%

GOOGL$3.56M2.6%

UAN$2.99M2.2%

DMLP$2.98M2.1%

META$2.90M2.1%

ARLP$2.88M2.1%

PAA$2.83M2.0%

Portfolio Concentration

Top 3$10.93M7.9%

4–10$19.72M14.2%

11–25$36.39M26.2%

Rest$71.80M51.7%

Top 3 weight

7.9%

Top 10 weight

22.1%

Voting Authority Distribution

Total shares with voting rights: 9.41M

Sole

Full voting authority

9.41M

% 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)

Sole90

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings90

Rows:

MICROSOFT CORP

SOLE

MSFT

Shares11.81K

TypeSH

Market value$4.37M

3.15%

Sole

11.81K

Shared

0.00

None

0.00

ALPHABET INC-CL A

SOLE

GOOGL

Shares12.40K

TypeSH

Market value$3.56M

2.57%

Sole

12.40K

Shared

0.00

None

0.00

CVR Partners LP and CVR Nitrogen Finance Corporation

SOLE

UAN

Shares23.60K

TypeSH

Market value$2.99M

2.15%

Sole

23.60K

Shared

0.00

None

0.00

Dorchester Minerals

SOLE

DMLP

Shares109.89K

TypeSH

Market value$2.98M

2.15%

Sole

109.89K

Shared

0.00

None

0.00

META PLATFORMS INC

SOLE

Alliance Resource Partners, L.P.

SOLE

ARLP

Shares104K

TypeSH

Market value$2.88M

2.07%

Sole

104K

Shared

0.00

None

0.00

Plains All American Pipeline LP

SOLE

PAA

Shares126.67K

TypeSH

Market value$2.83M

2.04%

Sole

126.67K

Shared

0.00

None

0.00

KIMBELL ROYALTY PARTNERS LP

SOLE

KRP

Shares191.38K

TypeSH

Market value$2.77M

1.99%

Sole

191.38K

Shared

0.00

None

0.00

Black Stone Minerals LP

SOLE

BSM

Shares179.25K

TypeSH

Market value$2.71M

1.95%

Sole

179.25K

Shared

0.00

None

0.00

Delek Logistics Partners LP

SOLE

DKL

Shares53.56K

TypeSH

Market value$2.66M

1.92%

Sole

53.56K

Shared

0.00

None

0.00

Enterprise Products Partners L

SOLE

EPD

Shares70.26K

TypeSH

Market value$2.66M

1.91%

Sole

70.26K

Shared

0.00

None

0.00

Two Harbors Investment Corp.

SOLE

TWO

Shares229.66K

TypeSH

Market value$2.62M

1.89%

Sole

229.66K

Shared

0.00

None

0.00

MPLX LP

SOLE

MPLX

Shares45.22K

TypeSH

Market value$2.58M

1.86%

Sole

45.22K

Shared

0.00

None

0.00

Western Midstream Partners LP

SOLE

WES

Shares61.21K

TypeSH

Market value$2.52M

1.82%

Sole

61.21K

Shared

0.00

None

0.00

Prospect Capital Corp.

SOLE

PSEC

Shares951.11K

TypeSH

Market value$2.48M

1.79%

Sole

951.11K

Shared

0.00

None

0.00

Capital Southwest Corporation

SOLE

CSWC

Shares109.89K

TypeSH

Market value$2.43M

1.75%

Sole

109.89K

Shared

0.00

None

0.00

Arbor Realty Trust Inc.

SOLE

ABR

Shares312.15K

TypeSH

Market value$2.41M

1.73%

Sole

312.15K

Shared

0.00

None

0.00

ELI LILLY & CO

SOLE

LLY

Shares2.58K

TypeSH

Market value$2.37M

1.71%

Sole

2.58K

Shared

0.00

None

0.00

Western Asset High Income Fund II Inc.

SOLE

HIX

Shares595.74K

TypeSH

Market value$2.37M

1.71%

Sole

595.74K

Shared

0.00

None

0.00

Orchid Island Capital Inc.

SOLE

ORC

Shares333.15K

TypeSH

Market value$2.34M

1.69%

Sole

333.15K

Shared

0.00

None

0.00

Pimco High Income Fund

SOLE

PHK

Shares504.81K

TypeSH

Market value$2.34M

1.68%

Sole

504.81K

Shared

0.00

None

0.00

PIMCO Income Strategy Fund

SOLE

PFL

Shares291.49K

TypeSH

Market value$2.33M

1.68%

Sole

291.49K

Shared

0.00

None

0.00

NUVEEN FLOAT RATE INC FD

SOLE

JFR

Shares309.75K

TypeSH

Market value$2.33M

1.68%

Sole

309.75K

Shared

0.00

None

0.00

ARMOUR Residential REIT Inc.

SOLE

ARR

Shares138.28K

TypeSH

Market value$2.31M

1.66%

Sole

138.28K

Shared

0.00

None

0.00

Franklin Limited Duration Income Trust

SOLE

FTF

Shares393.09K

TypeSH

Market value$2.29M

1.65%

Sole

393.09K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
MICROSOFT CORPSOLE	MSFT	11.81K	SH	$4.37M 3.15%	11.81K
ALPHABET INC-CL ASOLE	GOOGL	12.40K	SH	$3.56M 2.57%	12.40K
CVR Partners LP and CVR Nitrogen Finance CorporationSOLE	UAN	23.60K	SH	$2.99M 2.15%	23.60K
Dorchester MineralsSOLE	DMLP	109.89K	SH	$2.98M 2.15%	109.89K
META PLATFORMS INCSOLE	META	5.06K	SH	$2.90M 2.09%	5.06K
Alliance Resource Partners, L.P.SOLE	ARLP	104K	SH	$2.88M 2.07%	104K
Plains All American Pipeline LPSOLE	PAA	126.67K	SH	$2.83M 2.04%	126.67K
KIMBELL ROYALTY PARTNERS LPSOLE	KRP	191.38K	SH	$2.77M 1.99%	191.38K
Black Stone Minerals LPSOLE	BSM	179.25K	SH	$2.71M 1.95%	179.25K
Delek Logistics Partners LPSOLE	DKL	53.56K	SH	$2.66M 1.92%	53.56K
Enterprise Products Partners LSOLE	EPD	70.26K	SH	$2.66M 1.91%	70.26K
Two Harbors Investment Corp.SOLE	TWO	229.66K	SH	$2.62M 1.89%	229.66K
MPLX LPSOLE	MPLX	45.22K	SH	$2.58M 1.86%	45.22K
Western Midstream Partners LPSOLE	WES	61.21K	SH	$2.52M 1.82%	61.21K
Prospect Capital Corp.SOLE	PSEC	951.11K	SH	$2.48M 1.79%	951.11K
Capital Southwest CorporationSOLE	CSWC	109.89K	SH	$2.43M 1.75%	109.89K
Arbor Realty Trust Inc.SOLE	ABR	312.15K	SH	$2.41M 1.73%	312.15K
ELI LILLY & COSOLE	LLY	2.58K	SH	$2.37M 1.71%	2.58K
Western Asset High Income Fund II Inc.SOLE	HIX	595.74K	SH	$2.37M 1.71%	595.74K
Orchid Island Capital Inc.SOLE	ORC	333.15K	SH	$2.34M 1.69%	333.15K
Pimco High Income FundSOLE	PHK	504.81K	SH	$2.34M 1.68%	504.81K
PIMCO Income Strategy FundSOLE	PFL	291.49K	SH	$2.33M 1.68%	291.49K
NUVEEN FLOAT RATE INC FDSOLE	JFR	309.75K	SH	$2.33M 1.68%	309.75K
ARMOUR Residential REIT Inc.SOLE	ARR	138.28K	SH	$2.31M 1.66%	138.28K
Franklin Limited Duration Income TrustSOLE	FTF	393.09K	SH	$2.29M 1.65%	393.09K

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