Filed: 11/13/2025ACC: 0001180391-25-000004
📋 What this filing means
SMH CAPITAL ADVISORS INC filed this quarterly 13F‑HR report disclosing 51 equity positions with a total reported market value of $49.02M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
51
Positions
$49.02M
Total AUM (reported)
24.68M
Total Shares
Allocation by class
COM$15.80M32.2%
NOTE 5.125%11/1$11.89M24.2%
NOTE 3.250% 6/1$10.94M22.3%
PORTFLI HIGH YLD$4.76M9.7%
COM NEW$1.33M2.7%
COM CL A$1.07M2.2%
NOTE 3.250% 8/1$649.9K1.3%
Portfolio Concentration
Top 3$27.29M55.7%
4–10$9.29M18.9%
11–25$7.05M14.4%
Rest$5.39M11.0%
Top 3 weight
55.7%
Top 10 weight
74.6%
Voting Authority Distribution
Total shares with voting rights: 24.68M
Sole
Full voting authority
24.68M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole51
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings51
Rows:
CAPITAL SOUTHWEST CORP
SOLEShares12.29M
TypeSH
Market value$11.89M
24.25%
Sole
12.29M
Shared
0.00
None
0.00
WISDOMTREE INC
SOLEShares9.35M
TypeSH
Market value$10.65M
21.72%
Sole
9.35M
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares200K
TypeSH
Market value$4.76M
9.71%
Sole
200K
Shared
0.00
None
0.00
TRINITY CAP INC
SOLEShares138.96K
TypeSH
Market value$2.10M
4.28%
Sole
138.96K
Shared
0.00
None
0.00
CAPITAL SOUTHWEST CORP
SOLEShares76.51K
TypeSH
Market value$1.55M
3.17%
Sole
76.51K
Shared
0.00
None
0.00
VICI PPTYS INC
SOLEShares44.11K
TypeSH
Market value$1.32M
2.70%
Sole
44.11K
Shared
0.00
None
0.00
PROSPECT CAP CORP
SOLEShares438.85K
TypeSH
Market value$1.17M
2.38%
Sole
438.85K
Shared
0.00
None
0.00
BLUE OWL CAPITAL INC
SOLEShares67.90K
TypeSH
Market value$1.07M
2.18%
Sole
67.90K
Shared
0.00
None
0.00
MAIN STR CAP CORP
SOLEShares18.68K
TypeSH
Market value$1.06M
2.17%
Sole
18.68K
Shared
0.00
None
0.00
CARLYLE GROUP INC
SOLEShares19K
TypeSH
Market value$1.01M
2.07%
Sole
19K
Shared
0.00
None
0.00
CIVITAS RESOURCES INC
SOLEShares25.73K
TypeSH
Market value$741.8K
1.51%
Sole
25.73K
Shared
0.00
None
0.00
HERCULES CAPITAL INC
SOLEShares40.56K
TypeSH
Market value$726.9K
1.48%
Sole
40.56K
Shared
0.00
None
0.00
WISDOMTREE INC
SOLEShares548K
TypeSH
Market value$649.9K
1.33%
Sole
548K
Shared
0.00
None
0.00
DICKS SPORTING GOODS INC
SOLEShares2.72K
TypeSH
Market value$603.0K
1.23%
Sole
2.72K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares824.00
TypeSH
Market value$562.3K
1.15%
Sole
824.00
Shared
0.00
None
0.00
HIGHPEAK ENERGY INC
SOLEShares68.83K
TypeSH
Market value$457.7K
0.93%
Sole
68.83K
Shared
0.00
None
0.00
REALTY INCOME CORP
SOLEShares7.70K
TypeSH
Market value$446.4K
0.91%
Sole
7.70K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares7.65K
TypeSH
Market value$420.6K
0.86%
Sole
7.65K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares4.25K
TypeSH
Market value$401.5K
0.82%
Sole
4.25K
Shared
0.00
None
0.00
RITHM CAPITAL CORP
SOLEShares35.94K
TypeSH
Market value$394.3K
0.80%
Sole
35.94K
Shared
0.00
None
0.00
HA SUSTAINABLE INFRA CAP INC
SOLEShares13.82K
TypeSH
Market value$383.0K
0.78%
Sole
13.82K
Shared
0.00
None
0.00
FUBOTV INC
SOLEShares99.08K
TypeSH
Market value$374.5K
0.76%
Sole
99.08K
Shared
0.00
None
0.00
ADAMS DIVERSIFIED EQUITY FD
SOLEShares13.19K
TypeSH
Market value$307.0K
0.63%
Sole
13.19K
Shared
0.00
None
0.00
GRANITE CONSTR INC
SOLEShares200K
TypeSH
Market value$291.4K
0.59%
Sole
200K
Shared
0.00
None
0.00
CALAMOS STRATEGIC TOTAL RETU
SOLEShares15.08K
TypeSH
Market value$291.1K
0.59%
Sole
15.08K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
CAPITAL SOUTHWEST CORPSOLE | NOTE 5.125%11/1 | 12.29M | SH | $11.89M 24.25% | 12.29M | 0.00 | 0.00 |
WISDOMTREE INCSOLE | NOTE 3.250% 6/1 | 9.35M | SH | $10.65M 21.72% | 9.35M | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | PORTFLI HIGH YLD | 200K | SH | $4.76M 9.71% | 200K | 0.00 | 0.00 |
TRINITY CAP INCSOLE | COM | 138.96K | SH | $2.10M 4.28% | 138.96K | 0.00 | 0.00 |
CAPITAL SOUTHWEST CORPSOLE | COM | 76.51K | SH | $1.55M 3.17% | 76.51K | 0.00 | 0.00 |
VICI PPTYS INCSOLE | COM | 44.11K | SH | $1.32M 2.70% | 44.11K | 0.00 | 0.00 |
PROSPECT CAP CORPSOLE | COM | 438.85K | SH | $1.17M 2.38% | 438.85K | 0.00 | 0.00 |
BLUE OWL CAPITAL INCSOLE | COM CL A | 67.90K | SH | $1.07M 2.18% | 67.90K | 0.00 | 0.00 |
MAIN STR CAP CORPSOLE | COM | 18.68K | SH | $1.06M 2.17% | 18.68K | 0.00 | 0.00 |
CARLYLE GROUP INCSOLE | COM | 19K | SH | $1.01M 2.07% | 19K | 0.00 | 0.00 |
CIVITAS RESOURCES INCSOLE | COM NEW | 25.73K | SH | $741.8K 1.51% | 25.73K | 0.00 | 0.00 |
HERCULES CAPITAL INCSOLE | COM | 40.56K | SH | $726.9K 1.48% | 40.56K | 0.00 | 0.00 |
WISDOMTREE INCSOLE | NOTE 3.250% 8/1 | 548K | SH | $649.9K 1.33% | 548K | 0.00 | 0.00 |
DICKS SPORTING GOODS INCSOLE | COM | 2.72K | SH | $603.0K 1.23% | 2.72K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 824.00 | SH | $562.3K 1.15% | 824.00 | 0.00 | 0.00 |
HIGHPEAK ENERGY INCSOLE | COM | 68.83K | SH | $457.7K 0.93% | 68.83K | 0.00 | 0.00 |
REALTY INCOME CORPSOLE | COM | 7.70K | SH | $446.4K 0.91% | 7.70K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 7.65K | SH | $420.6K 0.86% | 7.65K | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EAFE ETF | 4.25K | SH | $401.5K 0.82% | 4.25K | 0.00 | 0.00 |
RITHM CAPITAL CORPSOLE | COM NEW | 35.94K | SH | $394.3K 0.80% | 35.94K | 0.00 | 0.00 |
HA SUSTAINABLE INFRA CAP INCSOLE | COM | 13.82K | SH | $383.0K 0.78% | 13.82K | 0.00 | 0.00 |
FUBOTV INCSOLE | COM | 99.08K | SH | $374.5K 0.76% | 99.08K | 0.00 | 0.00 |
ADAMS DIVERSIFIED EQUITY FDSOLE | COM | 13.19K | SH | $307.0K 0.63% | 13.19K | 0.00 | 0.00 |
GRANITE CONSTR INCSOLE | NOTE 3.250% 6/1 | 200K | SH | $291.4K 0.59% | 200K | 0.00 | 0.00 |
CALAMOS STRATEGIC TOTAL RETUSOLE | COM SH BEN INT | 15.08K | SH | $291.1K 0.59% | 15.08K | 0.00 | 0.00 |
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