Filed: 8/14/2023ACC: 0001599793-23-000004
📋 What this filing means
GRATIA CAPITAL, LLC filed this quarterly 13F‑HR report disclosing 25 equity positions with a total reported market value of $94.65M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
25
Positions
$94.65M
Total AUM (reported)
8.32M
Total Shares
Allocation by class
COM$65.41M69.1%
UNIT$12.46M13.2%
SHS$5.91M6.2%
COM UNIT LPI$5.53M5.8%
CL A$2.64M2.8%
CL A COM$2.25M2.4%
COM CL A$286.6K0.3%
Portfolio Concentration
Top 3$36.98M39.1%
4–10$37.09M39.2%
11–25$20.58M21.7%
Top 3 weight
39.1%
Top 10 weight
78.3%
Voting Authority Distribution
Total shares with voting rights: 8.32M
Sole
Full voting authority
7.83M
shares
% of voting shares94.1%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
493.20K
shares
% of voting shares5.9%
Investment Discretion (by position count)
Sole24
Shared0
Other1
Dominant voting typeSole · 94.1% of voting shares
Institutional Holdings25
Rows:
BOYD GAMING CORP
SOLEShares243.96K
TypeSH
Market value$16.92M
17.88%
Sole
101.96K
Shared
0.00
None
142K
M/I HOMES INC
SOLEShares144.15K
TypeSH
Market value$12.57M
13.28%
Sole
144.15K
Shared
0.00
None
0.00
ISHARES TR RUSSELL 2000 ETF
SOLEShares40K
TypeSH
Market value$7.49M
7.91%
Sole
0.00
Shared
0.00
None
40K
TEXTAINER GROUP HOLDINGS LTD
SOLEShares150.02K
TypeSH
Market value$5.91M
6.24%
Sole
150.02K
Shared
0.00
None
0.00
VIAD CORP
SOLEShares212.24K
TypeSH
Market value$5.70M
6.03%
Sole
212.24K
Shared
0.00
None
0.00
NAVIOS MARITIME PARTNERS L P
SOLEShares252.90K
TypeSH
Market value$5.53M
5.84%
Sole
252.90K
Shared
0.00
None
0.00
INSPIRED ENTMT INC
SOLEShares374.60K
TypeSH
Market value$5.51M
5.82%
Sole
374.60K
Shared
0.00
None
0.00
TPG RE FIN TR INC
SOLEShares709.52K
TypeSH
Market value$5.26M
5.55%
Sole
709.52K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares11.20K
TypeSH
Market value$4.96M
5.25%
Sole
0.00
Shared
0.00
None
11.20K
GILDAN ACTIVEWEAR INC
SOLEShares130.87K
TypeSH
Market value$4.22M
4.46%
Sole
130.87K
Shared
0.00
None
0.00
NEW YORK MTG TR INC
SOLEShares406.86K
TypeSH
Market value$4.04M
4.26%
Sole
406.86K
Shared
0.00
None
0.00
CATO CORP NEW
SOLEShares328.18K
TypeSH
Market value$2.64M
2.78%
Sole
328.18K
Shared
0.00
None
0.00
KARAT PACKAGING INC
SOLEShares143.69K
TypeSH
Market value$2.62M
2.77%
Sole
143.69K
Shared
0.00
None
0.00
EMERALD HOLDING INC
SOLEShares561.13K
TypeSH
Market value$2.30M
2.43%
Sole
561.13K
Shared
0.00
None
0.00
GEN RESTAURENT GROUP
SOLEShares132.50K
TypeSH
Market value$2.25M
2.38%
Sole
132.50K
Shared
0.00
None
0.00
GREAT AJAX CORP
SOLEShares260K
TypeSH
Market value$1.59M
1.68%
Sole
260K
Shared
0.00
None
0.00
TERRAN ORBITAL CORPORATION
SOLEShares935K
TypeSH
Market value$1.40M
1.48%
Sole
635K
Shared
0.00
None
300K
DOUGLAS ELLIMAN INC
SOLEShares507K
TypeSH
Market value$1.13M
1.19%
Sole
507K
Shared
0.00
None
0.00
SAFE BULKERS INC
SOLEShares295.40K
TypeSH
Market value$963.0K
1.02%
Sole
295.40K
Shared
0.00
None
0.00
EXPRESS INC
SOLEShares960.15K
TypeSH
Market value$569.8K
0.60%
Sole
960.15K
Shared
0.00
None
0.00
NAVIOS MARITIME HOLDINGS INC
SOLEShares319.02K
TypeSH
Market value$523.2K
0.55%
Sole
319.02K
Shared
0.00
None
0.00
ARCHER AVIATION INC
SOLEShares145.30K
TypeSH
Market value$286.6K
0.30%
Sole
145.30K
Shared
0.00
None
0.00
GRANITE PT MTG TR INC
OTRShares23.22K
TypeSH
Market value$123.0K
0.13%
Sole
23.22K
Shared
0.00
None
0.00
POLISHED COM INC
SOLEShares200K
TypeSH
Market value$92.0K
0.10%
Sole
200K
Shared
0.00
None
0.00
POLISHED COM INC
SOLEShares838.05K
TypeSH
Market value$54.4K
0.06%
Sole
838.05K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BOYD GAMING CORPSOLE | COM | 243.96K | SH | $16.92M 17.88% | 101.96K | 0.00 | 142K |
M/I HOMES INCSOLE | COM | 144.15K | SH | $12.57M 13.28% | 144.15K | 0.00 | 0.00 |
ISHARES TR RUSSELL 2000 ETFSOLE | UNIT | 40K | SH | $7.49M 7.91% | 0.00 | 0.00 | 40K |
TEXTAINER GROUP HOLDINGS LTDSOLE | SHS | 150.02K | SH | $5.91M 6.24% | 150.02K | 0.00 | 0.00 |
VIAD CORPSOLE | COM | 212.24K | SH | $5.70M 6.03% | 212.24K | 0.00 | 0.00 |
NAVIOS MARITIME PARTNERS L PSOLE | COM UNIT LPI | 252.90K | SH | $5.53M 5.84% | 252.90K | 0.00 | 0.00 |
INSPIRED ENTMT INCSOLE | COM | 374.60K | SH | $5.51M 5.82% | 374.60K | 0.00 | 0.00 |
TPG RE FIN TR INCSOLE | COM | 709.52K | SH | $5.26M 5.55% | 709.52K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | UNIT | 11.20K | SH | $4.96M 5.25% | 0.00 | 0.00 | 11.20K |
GILDAN ACTIVEWEAR INCSOLE | COM | 130.87K | SH | $4.22M 4.46% | 130.87K | 0.00 | 0.00 |
NEW YORK MTG TR INCSOLE | COM | 406.86K | SH | $4.04M 4.26% | 406.86K | 0.00 | 0.00 |
CATO CORP NEWSOLE | CL A | 328.18K | SH | $2.64M 2.78% | 328.18K | 0.00 | 0.00 |
KARAT PACKAGING INCSOLE | COM | 143.69K | SH | $2.62M 2.77% | 143.69K | 0.00 | 0.00 |
EMERALD HOLDING INCSOLE | COM | 561.13K | SH | $2.30M 2.43% | 561.13K | 0.00 | 0.00 |
GEN RESTAURENT GROUPSOLE | CL A COM | 132.50K | SH | $2.25M 2.38% | 132.50K | 0.00 | 0.00 |
GREAT AJAX CORPSOLE | COM | 260K | SH | $1.59M 1.68% | 260K | 0.00 | 0.00 |
TERRAN ORBITAL CORPORATIONSOLE | COM | 935K | SH | $1.40M 1.48% | 635K | 0.00 | 300K |
DOUGLAS ELLIMAN INCSOLE | COM | 507K | SH | $1.13M 1.19% | 507K | 0.00 | 0.00 |
SAFE BULKERS INCSOLE | COM | 295.40K | SH | $963.0K 1.02% | 295.40K | 0.00 | 0.00 |
EXPRESS INCSOLE | COM | 960.15K | SH | $569.8K 0.60% | 960.15K | 0.00 | 0.00 |
NAVIOS MARITIME HOLDINGS INCSOLE | COM | 319.02K | SH | $523.2K 0.55% | 319.02K | 0.00 | 0.00 |
ARCHER AVIATION INCSOLE | COM CL A | 145.30K | SH | $286.6K 0.30% | 145.30K | 0.00 | 0.00 |
GRANITE PT MTG TR INCOTR | COM STK | 23.22K | SH | $123.0K 0.13% | 23.22K | 0.00 | 0.00 |
POLISHED COM INCSOLE | COM | 200K | SH | $92.0K 0.10% | 200K | 0.00 | 0.00 |
POLISHED COM INCSOLE | *W EXP 06/02/202 | 838.05K | SH | $54.4K 0.06% | 838.05K | 0.00 | 0.00 |