Filed: 5/15/2025ACC: 0001599793-25-000002
📋 What this filing means
GRATIA CAPITAL, LLC filed this quarterly 13F‑HR report disclosing 24 equity positions with a total reported market value of $122.28M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
24
Positions
$122.28M
Total AUM (reported)
14.89M
Total Shares
Allocation by class
COM$42.04M34.4%
UNIT$24.94M20.4%
COM CL A$14.28M11.7%
COMMON STOCK$12.31M10.1%
COM NEW$7.59M6.2%
COM UNIT LPI$6.17M5.0%
COM SHS$5.33M4.4%
Portfolio Concentration
Top 3$50.89M41.6%
4–10$39.19M32.1%
11–25$32.20M26.3%
Top 3 weight
41.6%
Top 10 weight
73.7%
Voting Authority Distribution
Total shares with voting rights: 14.89M
Sole
Full voting authority
12.96M
shares
% of voting shares87.1%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
1.93M
shares
% of voting shares12.9%
Investment Discretion (by position count)
Sole24
Shared0
Other0
Dominant voting typeSole · 87.1% of voting shares
Institutional Holdings24
Rows:
ISHARES TR RUSSELL 2000 ETF
SOLEShares125K
TypeSH
Market value$24.94M
20.39%
Sole
0.00
Shared
0.00
None
125K
TPG RE FIN TR INC
SOLEShares2.10M
TypeSH
Market value$17.09M
13.98%
Sole
2.10M
Shared
0.00
None
0.00
XPONENTIAL FITNESS INC
SOLEShares1.06M
TypeSH
Market value$8.86M
7.25%
Sole
264.22K
Shared
0.00
None
800K
FRANKLIN BSP RLTY TR INC
SOLEShares575.44K
TypeSH
Market value$7.33M
6.00%
Sole
575.44K
Shared
0.00
None
0.00
HUDSON PAC PPTYS INC
SOLEShares2.22M
TypeSH
Market value$6.56M
5.36%
Sole
1.22M
Shared
0.00
None
1M
NAVIOS MARITIME PARTNERS L P
SOLEShares157.36K
TypeSH
Market value$6.17M
5.05%
Sole
157.36K
Shared
0.00
None
0.00
MAGNERA CORP
SOLEShares293.23K
TypeSH
Market value$5.33M
4.35%
Sole
293.23K
Shared
0.00
None
0.00
CLAROS MTG TR INC
SOLEShares1.34M
TypeSH
Market value$4.98M
4.07%
Sole
1.34M
Shared
0.00
None
0.00
ABACUS GLOBAL MGMT INC
SOLEShares627.40K
TypeSH
Market value$4.70M
3.84%
Sole
627.40K
Shared
0.00
None
0.00
SUNRISE RLTY TR INC
SOLEShares372.53K
TypeSH
Market value$4.12M
3.37%
Sole
372.53K
Shared
0.00
None
0.00
LANDSEA HOMES CORP
SOLEShares570K
TypeSH
Market value$3.66M
2.99%
Sole
570K
Shared
0.00
None
0.00
BRIGHTSPIRE CAPITAL INC
SOLEShares600K
TypeSH
Market value$3.34M
2.73%
Sole
600K
Shared
0.00
None
0.00
FIRSTCASH HOLDINGS INC
SOLEShares24.91K
TypeSH
Market value$3.00M
2.45%
Sole
24.91K
Shared
0.00
None
0.00
CADIZ INC
SOLEShares987.50K
TypeSH
Market value$2.89M
2.37%
Sole
987.50K
Shared
0.00
None
0.00
ARQ INC
SOLEShares693.65K
TypeSH
Market value$2.89M
2.37%
Sole
693.65K
Shared
0.00
None
0.00
BEAZER HOMES USA INC
SOLEShares136.40K
TypeSH
Market value$2.78M
2.27%
Sole
136.40K
Shared
0.00
None
0.00
TSAKOS ENERGY NAVIGATION LTD
SOLEShares145.23K
TypeSH
Market value$2.48M
2.03%
Sole
145.23K
Shared
0.00
None
0.00
BOYD GAMING CORP
SOLEShares36.57K
TypeSH
Market value$2.41M
1.97%
Sole
36.57K
Shared
0.00
None
0.00
MFA FINL INC
SOLEShares225.47K
TypeSH
Market value$2.31M
1.89%
Sole
225.47K
Shared
0.00
None
0.00
GRANITE PT MTG TR INC
SOLEShares800K
TypeSH
Market value$2.08M
1.70%
Sole
800K
Shared
0.00
None
0.00
ARCHER AVIATION INC
SOLEShares292.18K
TypeSH
Market value$2.08M
1.70%
Sole
292.18K
Shared
0.00
None
0.00
ACRES COMMERCIAL REALTY CORP
SOLEShares76.68K
TypeSH
Market value$1.66M
1.36%
Sole
76.68K
Shared
0.00
None
0.00
HELPORT AI LTD
SOLEShares1.32M
TypeSH
Market value$374.9K
0.31%
Sole
1.32M
Shared
0.00
None
0.00
SYNERGY CHC CORP
SOLEShares105.94K
TypeSH
Market value$249.0K
0.20%
Sole
105.94K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TR RUSSELL 2000 ETFSOLE | UNIT | 125K | SH | $24.94M 20.39% | 0.00 | 0.00 | 125K |
TPG RE FIN TR INCSOLE | COM | 2.10M | SH | $17.09M 13.98% | 2.10M | 0.00 | 0.00 |
XPONENTIAL FITNESS INCSOLE | COM CL A | 1.06M | SH | $8.86M 7.25% | 264.22K | 0.00 | 800K |
FRANKLIN BSP RLTY TR INCSOLE | COMMON STOCK | 575.44K | SH | $7.33M 6.00% | 575.44K | 0.00 | 0.00 |
HUDSON PAC PPTYS INCSOLE | COM | 2.22M | SH | $6.56M 5.36% | 1.22M | 0.00 | 1M |
NAVIOS MARITIME PARTNERS L PSOLE | COM UNIT LPI | 157.36K | SH | $6.17M 5.05% | 157.36K | 0.00 | 0.00 |
MAGNERA CORPSOLE | COM SHS | 293.23K | SH | $5.33M 4.35% | 293.23K | 0.00 | 0.00 |
CLAROS MTG TR INCSOLE | COMMON STOCK | 1.34M | SH | $4.98M 4.07% | 1.34M | 0.00 | 0.00 |
ABACUS GLOBAL MGMT INCSOLE | CL A | 627.40K | SH | $4.70M 3.84% | 627.40K | 0.00 | 0.00 |
SUNRISE RLTY TR INCSOLE | COM | 372.53K | SH | $4.12M 3.37% | 372.53K | 0.00 | 0.00 |
LANDSEA HOMES CORPSOLE | COM | 570K | SH | $3.66M 2.99% | 570K | 0.00 | 0.00 |
BRIGHTSPIRE CAPITAL INCSOLE | COM CL A | 600K | SH | $3.34M 2.73% | 600K | 0.00 | 0.00 |
FIRSTCASH HOLDINGS INCSOLE | COM | 24.91K | SH | $3.00M 2.45% | 24.91K | 0.00 | 0.00 |
CADIZ INCSOLE | COM NEW | 987.50K | SH | $2.89M 2.37% | 987.50K | 0.00 | 0.00 |
ARQ INCSOLE | COM | 693.65K | SH | $2.89M 2.37% | 693.65K | 0.00 | 0.00 |
BEAZER HOMES USA INCSOLE | COM NEW | 136.40K | SH | $2.78M 2.27% | 136.40K | 0.00 | 0.00 |
TSAKOS ENERGY NAVIGATION LTDSOLE | SHS | 145.23K | SH | $2.48M 2.03% | 145.23K | 0.00 | 0.00 |
BOYD GAMING CORPSOLE | COM | 36.57K | SH | $2.41M 1.97% | 36.57K | 0.00 | 0.00 |
MFA FINL INCSOLE | COM | 225.47K | SH | $2.31M 1.89% | 225.47K | 0.00 | 0.00 |
GRANITE PT MTG TR INCSOLE | COM STK | 800K | SH | $2.08M 1.70% | 800K | 0.00 | 0.00 |
ARCHER AVIATION INCSOLE | COM CL A | 292.18K | SH | $2.08M 1.70% | 292.18K | 0.00 | 0.00 |
ACRES COMMERCIAL REALTY CORPSOLE | COM NEW | 76.68K | SH | $1.66M 1.36% | 76.68K | 0.00 | 0.00 |
HELPORT AI LTDSOLE | *W EXP 03/31/202 | 1.32M | SH | $374.9K 0.31% | 1.32M | 0.00 | 0.00 |
SYNERGY CHC CORPSOLE | COM NEW | 105.94K | SH | $249.0K 0.20% | 105.94K | 0.00 | 0.00 |