Filed: 5/15/2026ACC: 0001599793-26-000003
📋 What this filing means
GRATIA CAPITAL, LLC filed this quarterly 13F‑HR report disclosing 28 equity positions with a total reported market value of $227.17M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
28
Positions
$227.17M
Total AUM (reported)
21.53M
Total Shares
Allocation by class
COM$107.44M47.3%
RUSSELL 2000 ETF$49.60M21.8%
COMMON STOCK$23.39M10.3%
COM NEW$11.52M5.1%
COM UNIT LPI$6.87M3.0%
COM SHS$6.22M2.7%
CLASS A COM NEW$5.96M2.6%
Portfolio Concentration
Top 3$110.95M48.8%
4–10$68.33M30.1%
11–25$47.03M20.7%
Rest$860.8K0.4%
Top 3 weight
48.8%
Top 10 weight
78.9%
Voting Authority Distribution
Total shares with voting rights: 21.53M
Sole
Full voting authority
15.78M
shares
% of voting shares73.3%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
5.75M
shares
% of voting shares26.7%
Investment Discretion (by position count)
Sole27
Shared0
Other1
Dominant voting typeSole · 73.3% of voting shares
Institutional Holdings28
Rows:
ISHARES TR
SOLEShares200K
TypeSH
Market value$49.60M
21.83%
Sole
0.00
Shared
0.00
None
200K
TPG RE FIN TR INC
SOLEShares4.30M
TypeSH
Market value$33.60M
14.79%
Sole
2.70M
Shared
0.00
None
1.60M
AEHR TEST SYS
SOLEShares748.56K
TypeSH
Market value$27.76M
12.22%
Sole
51.56K
Shared
0.00
None
697K
FRANKLIN BSP RLTY TR INC
SOLEShares2.28M
TypeSH
Market value$19.35M
8.52%
Sole
2.28M
Shared
0.00
None
0.00
WALKER & DUNLOP INC
SOLEShares263K
TypeSH
Market value$11.67M
5.14%
Sole
113K
Shared
0.00
None
150K
ANTERIX INC
SOLEShares287.50K
TypeSH
Market value$10.98M
4.83%
Sole
87.50K
Shared
0.00
None
200K
WEYERHAEUSER CO
SOLEShares300K
TypeSH
Market value$7.33M
3.23%
Sole
0.00
Shared
0.00
None
300K
NAVIOS MARITIME PARTNERS LP
SOLEShares101.86K
TypeSH
Market value$6.87M
3.03%
Sole
101.86K
Shared
0.00
None
0.00
KOSMOS ENERGY LTD
SOLEShares2.22M
TypeSH
Market value$6.17M
2.72%
Sole
719.80K
Shared
0.00
None
1.50M
DAVE INC
SOLEShares34.23K
TypeSH
Market value$5.96M
2.62%
Sole
34.23K
Shared
0.00
None
0.00
HUDSON PACIFIC PROPERTIES IN
SOLEShares1M
TypeSH
Market value$5.91M
2.60%
Sole
0.00
Shared
0.00
None
1M
CLAROS MTG TR INC
SOLEShares1.70M
TypeSH
Market value$4.05M
1.78%
Sole
1.70M
Shared
0.00
None
0.00
MASTERCRAFT BOAT HLDGS INC
SOLEShares195.04K
TypeSH
Market value$4.00M
1.76%
Sole
195.04K
Shared
0.00
None
0.00
DUOS TECHNOLOGIES GROUP INC
SOLEShares580K
TypeSH
Market value$3.98M
1.75%
Sole
580K
Shared
0.00
None
0.00
TSAKOS ENERGY NAVIGATION LTD
SOLEShares100.03K
TypeSH
Market value$3.95M
1.74%
Sole
100.03K
Shared
0.00
None
0.00
BETTER HOME & FINANCE HOLDIN
SOLEShares110.35K
TypeSH
Market value$3.93M
1.73%
Sole
110.35K
Shared
0.00
None
0.00
COMSTOCK INC
SOLEShares1.11M
TypeSH
Market value$3.37M
1.49%
Sole
1.11M
Shared
0.00
None
0.00
SUNRISE RLTY TR INC
SOLEShares438.82K
TypeSH
Market value$3.37M
1.48%
Sole
438.82K
Shared
0.00
None
0.00
GRANITE PT MTG TR INC
SOLEShares2.24M
TypeSH
Market value$3.25M
1.43%
Sole
2.24M
Shared
0.00
None
0.00
MAGNERA CORP
SOLEShares299.63K
TypeSH
Market value$2.85M
1.25%
Sole
299.63K
Shared
0.00
None
0.00
CADIZ INC
SOLEShares510.96K
TypeSH
Market value$2.51M
1.10%
Sole
505.96K
Shared
0.00
None
5K
U HAUL HOLDING COMPANY
SOLEShares46.50K
TypeSH
Market value$2.08M
0.91%
Sole
46.50K
Shared
0.00
None
0.00
DHT HOLDINGS INC
SOLEShares100K
TypeSH
Market value$1.83M
0.80%
Sole
0.00
Shared
0.00
None
100K
ARCHER AVIATION INC
SOLEShares192.79K
TypeSH
Market value$996.7K
0.44%
Sole
192.79K
Shared
0.00
None
0.00
NATIONAL CINEMEDIA INC
SOLEShares318K
TypeSH
Market value$969.9K
0.43%
Sole
318K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRSOLE | RUSSELL 2000 ETF | 200K | SH | $49.60M 21.83% | 0.00 | 0.00 | 200K |
TPG RE FIN TR INCSOLE | COM | 4.30M | SH | $33.60M 14.79% | 2.70M | 0.00 | 1.60M |
AEHR TEST SYSSOLE | COM | 748.56K | SH | $27.76M 12.22% | 51.56K | 0.00 | 697K |
FRANKLIN BSP RLTY TR INCSOLE | COMMON STOCK | 2.28M | SH | $19.35M 8.52% | 2.28M | 0.00 | 0.00 |
WALKER & DUNLOP INCSOLE | COM | 263K | SH | $11.67M 5.14% | 113K | 0.00 | 150K |
ANTERIX INCSOLE | COM | 287.50K | SH | $10.98M 4.83% | 87.50K | 0.00 | 200K |
WEYERHAEUSER COSOLE | COM NEW | 300K | SH | $7.33M 3.23% | 0.00 | 0.00 | 300K |
NAVIOS MARITIME PARTNERS LPSOLE | COM UNIT LPI | 101.86K | SH | $6.87M 3.03% | 101.86K | 0.00 | 0.00 |
KOSMOS ENERGY LTDSOLE | COM | 2.22M | SH | $6.17M 2.72% | 719.80K | 0.00 | 1.50M |
DAVE INCSOLE | CLASS A COM NEW | 34.23K | SH | $5.96M 2.62% | 34.23K | 0.00 | 0.00 |
HUDSON PACIFIC PROPERTIES INSOLE | COM | 1M | SH | $5.91M 2.60% | 0.00 | 0.00 | 1M |
CLAROS MTG TR INCSOLE | COMMON STOCK | 1.70M | SH | $4.05M 1.78% | 1.70M | 0.00 | 0.00 |
MASTERCRAFT BOAT HLDGS INCSOLE | COM | 195.04K | SH | $4.00M 1.76% | 195.04K | 0.00 | 0.00 |
DUOS TECHNOLOGIES GROUP INCSOLE | COM | 580K | SH | $3.98M 1.75% | 580K | 0.00 | 0.00 |
TSAKOS ENERGY NAVIGATION LTDSOLE | SHS | 100.03K | SH | $3.95M 1.74% | 100.03K | 0.00 | 0.00 |
BETTER HOME & FINANCE HOLDINSOLE | COM NEW CL A | 110.35K | SH | $3.93M 1.73% | 110.35K | 0.00 | 0.00 |
COMSTOCK INCSOLE | COM SHS | 1.11M | SH | $3.37M 1.49% | 1.11M | 0.00 | 0.00 |
SUNRISE RLTY TR INCSOLE | COM | 438.82K | SH | $3.37M 1.48% | 438.82K | 0.00 | 0.00 |
GRANITE PT MTG TR INCSOLE | COM STK | 2.24M | SH | $3.25M 1.43% | 2.24M | 0.00 | 0.00 |
MAGNERA CORPSOLE | COM SHS | 299.63K | SH | $2.85M 1.25% | 299.63K | 0.00 | 0.00 |
CADIZ INCSOLE | COM NEW | 510.96K | SH | $2.51M 1.10% | 505.96K | 0.00 | 5K |
U HAUL HOLDING COMPANYSOLE | COM SER N | 46.50K | SH | $2.08M 0.91% | 46.50K | 0.00 | 0.00 |
DHT HOLDINGS INCSOLE | SHS NEW | 100K | SH | $1.83M 0.80% | 0.00 | 0.00 | 100K |
ARCHER AVIATION INCSOLE | COM CL A | 192.79K | SH | $996.7K 0.44% | 192.79K | 0.00 | 0.00 |
NATIONAL CINEMEDIA INCSOLE | COM NEW | 318K | SH | $969.9K 0.43% | 318K | 0.00 | 0.00 |
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