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Almitas Capital LLC

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13F filer, CIK 1596468, SANTA MONICA, CA

Almitas Capital LLC reported $436,904,531 across 66 holdings for the quarter ended 2025-09-30, in a 13F-HR/A filed 2025-11-17. Its ten largest share positions make up 71.33% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0001596468-25-000019

A NEW HOLDINGS amendment repeated most of the original and was read as a restatement (H3).

Period
2025-09-30
Reported value
$437M
Holdings
66
Top 10 weight
71.33%
New
19
Sold out
35

Largest buys vs the previous quarter

SecurityShares changeApprox. value
ASAnew+335,342$15.4M
BITnew+514,906$6.89M
IGFnew+92,922$5.68M
FG NEXUS INC.new+800,000$4.39M
CNNEadded+235,702$4.32M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
PIONEER HIGH INCOME FUND INCexited-1,604,088-$13M
PIONEER MUNICIPAL HIGH INCO…exited-1,244,033-$10.3M
PIONEER MUNICIPAL HIGH INCO…exited-1,020,245-$9.35M
PIONEER MUN HIGH INCOME OPPOexited-790,809-$9.33M
CRFexited-831,088-$6.44M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2025

Share positions as resolved from 13F-HR/A 0001596468-25-000019, largest first. % of portfolio is the value over $436,904,531, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
FBTCFIDELITY WISE ORIGIN BITCOINQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,115,370 shares; 2024Q4: 1,731,994 shares; 2025Q1: 1,652,409 shares; 2025Q2: 1,611,637 shares; 2025Q3: 1,611,637 shares 1,611,637$161M36.82%0Timeline
BTTBLACKROCK MUN TARGET TERM TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 536,911 shares; 2024Q4: 1,501,061 shares; 2025Q1: 1,558,862 shares; 2025Q2: 1,558,260 shares; 2025Q3: 1,539,263 shares 1,539,263$34.6M7.91%-18,997Timeline
AMLXAMYLYX PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,988,563 shares; 2024Q4: 2,032,370 shares; 2025Q1: 2,122,597 shares; 2025Q2: 2,122,597 shares; 2025Q3: 2,122,597 shares 2,122,597$28.8M6.6%0Timeline
FETHFIDELITY ETHEREUM FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 941,057 shares; 2025Q1: not reported; 2025Q2: 650,000 shares; 2025Q3: 650,000 shares 650,000$27M6.18%0Timeline
ASAASA GOLD AND PRECIOUS MTLS LQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 335,342 shares 335,342$15.4M3.52%newTimeline
DSGNDESIGN THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,323,667 shares; 2024Q4: 1,323,667 shares; 2025Q1: 1,452,896 shares; 2025Q2: 1,530,435 shares; 2025Q3: 1,530,435 shares 1,530,435$11.5M2.64%0Timeline
CNNECANNAE HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 143,651 shares; 2025Q2: 320,986 shares; 2025Q3: 556,688 shares 556,688$10.2M2.33%+235,702Timeline
LYELLYELL IMMUNOPHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 579,997 shares; 2025Q3: 577,807 shares 577,807$9.38M2.15%-2,190Timeline
PIONEER FLOATING RATE FUND IPIONEER FLOATING RATE FUND IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 338,368 shares; 2025Q3: 699,986 shares 699,986$6.97M1.6%+361,618
ETHAISHARES ETHEREUM TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 219,405 shares; 2025Q3: 219,405 shares 219,405$6.91M1.58%0Timeline
BITBLACKROCK MULTI SECTOR INC TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 514,906 shares 514,906$6.89M1.58%newTimeline
EATON VANCE NEW YORK MUN BDEATON VANCE NEW YORK MUN BDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 696,315 shares; 2024Q4: 698,195 shares; 2025Q1: 698,195 shares; 2025Q2: 673,354 shares; 2025Q3: 617,454 shares 617,454$6.09M1.39%-55,900
IGFISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 92,922 shares 92,922$5.68M1.3%newTimeline
BRSPBRIGHTSPIRE CAPITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 356,322 shares; 2025Q1: 478,415 shares; 2025Q2: 1,029,464 shares; 2025Q3: 1,029,464 shares 1,029,464$5.59M1.28%0Timeline
CCAPCRESCENT CAP BDC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 24,200 shares; 2025Q2: 348,015 shares; 2025Q3: 376,461 shares 376,461$5.37M1.23%+28,446Timeline
CMUMFS HIGH YIELD MUN TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 141,260 shares; 2024Q4: 344,105 shares; 2025Q1: 416,545 shares; 2025Q2: 651,635 shares; 2025Q3: 1,507,168 shares 1,507,168$5.23M1.2%+855,533Timeline
JOFJAPAN SMALLER CAPITALIZATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 497,471 shares; 2024Q4: 497,471 shares; 2025Q1: 511,819 shares; 2025Q2: 511,819 shares; 2025Q3: 481,642 shares 481,642$5.08M1.16%-30,177Timeline
DSMBNY MELLON STRATEGIC MUN BDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 625,461 shares; 2025Q1: 851,087 shares; 2025Q2: 851,087 shares; 2025Q3: 851,087 shares 851,087$5.04M1.15%0Timeline
ALXOALX ONCOLOGY HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,222,945 shares; 2025Q1: 1,353,141 shares; 2025Q2: 2,538,355 shares; 2025Q3: 2,536,891 shares 2,536,891$4.64M1.06%-1,464Timeline
XNQPXNUVEEN PA INVT QUALITY MUN FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,166,111 shares; 2024Q4: 822,642 shares; 2025Q1: 783,803 shares; 2025Q2: 711,065 shares; 2025Q3: 378,058 shares 378,058$4.54M1.04%-333,007Timeline
FG NEXUS INC.FG NEXUS INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 800,000 shares 800,000$4.39M1.01%new
CXEMFS HIGH INCOME MUN TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 720,853 shares; 2024Q4: 921,837 shares; 2025Q1: 1,047,002 shares; 2025Q2: 1,103,430 shares; 2025Q3: 1,103,430 shares 1,103,430$4.1M0.94%0Timeline
DTFDTF TAX-FREE INCOME 2028 TERQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 327,374 shares; 2024Q4: 322,432 shares; 2025Q1: 309,611 shares; 2025Q2: 350,128 shares; 2025Q3: 350,940 shares 350,940$4.01M0.92%+812Timeline
MXFMEXICO FD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 141,348 shares; 2024Q4: 317,846 shares; 2025Q1: 344,264 shares; 2025Q2: 329,680 shares; 2025Q3: 202,961 shares 202,961$4M0.92%-126,719Timeline
ABRDN JAPAN EQUITY FUND INCABRDN JAPAN EQUITY FUND INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 60,604 shares; 2025Q2: 416,628 shares; 2025Q3: 490,174 shares 490,174$3.86M0.88%+73,546
CXHMFS INVT GRADE MUN TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 477,454 shares; 2024Q4: 477,454 shares; 2025Q1: 470,435 shares; 2025Q2: 448,169 shares; 2025Q3: 487,688 shares 487,688$3.83M0.88%+39,519Timeline
ETHGRAYSCALE ETHEREUM STAKINGQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 515,011 shares; 2025Q1: not reported; 2025Q2: 89,557 shares; 2025Q3: 89,557 shares 89,557$3.51M0.8%0Timeline
ARRARMOUR RESIDENTIAL REIT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 217,149 shares 217,149$3.24M0.74%newTimeline
GLOCLOUGH GLOBAL OPPORTUNITIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 162,941 shares; 2024Q4: 455,226 shares; 2025Q1: 421,880 shares; 2025Q2: 427,680 shares; 2025Q3: 491,858 shares 491,858$2.8M0.64%+64,178Timeline
CEETHE CENTRAL AND EASTERN EU IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 178,207 shares; 2024Q4: 180,190 shares; 2025Q1: 180,190 shares; 2025Q2: 173,354 shares; 2025Q3: 173,254 shares 173,254$2.66M0.61%-100Timeline
NLYANNALY CAPITAL MANAGEMENT INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 390,718 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 115,765 shares 115,765$2.34M0.54%newTimeline
AFBALLIANCEBERNSTEIN NATL MUN IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 149,896 shares; 2024Q4: 187,470 shares; 2025Q1: 187,470 shares; 2025Q2: 214,484 shares; 2025Q3: 214,282 shares 214,282$2.32M0.53%-202Timeline
MSGSMADISON SQUARE GRDN SPRT CORQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 9,910 shares; 2025Q2: 9,925 shares; 2025Q3: 9,925 shares 9,925$2.25M0.52%0Timeline
OXLCOXFORD LANE CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 119,999 shares 119,999$2.03M0.46%newTimeline
EATON VANCE CALIFORNIA MUNI…EATON VANCE CALIFORNIA MUNI BOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 65,168 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 208,466 shares 208,466$1.98M0.45%new
LADRLADDER CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 145,892 shares; 2025Q1: 146,523 shares; 2025Q2: 180,693 shares; 2025Q3: 180,693 shares 180,693$1.97M0.45%0Timeline
ANTXAN2 THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,313,111 shares; 2025Q1: 1,313,111 shares; 2025Q2: 1,428,323 shares; 2025Q3: 1,428,323 shares 1,428,323$1.81M0.42%0Timeline
TWO HARBORS INVENTMENT CORPOTWO HARBORS INVENTMENT CORPOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 1,613,000 shares; 2025Q2: 1,613,000 shares; 2025Q3: 1,613,000 shares 1,613,000$1.59M0.36%0
XPCQXPIMCO CALIF MUN INCOME FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 204,489 shares; 2025Q2: 215,362 shares; 2025Q3: 152,998 shares 152,998$1.33M0.31%-62,364Timeline
GERNGERON CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 946,323 shares 946,323$1.3M0.3%newTimeline
DMBBNY MELLON MUN BD INFRASTRUCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 43,847 shares; 2024Q4: 63,654 shares; 2025Q1: 103,475 shares; 2025Q2: 99,948 shares; 2025Q3: 119,431 shares 119,431$1.28M0.29%+19,483Timeline
LEOBNY MELLON STRATEGIC MUNS INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 57,374 shares; 2024Q4: 106,854 shares; 2025Q1: 145,014 shares; 2025Q2: 195,840 shares; 2025Q3: 197,096 shares 197,096$1.23M0.28%+1,256Timeline
MFICMIDCAP FINANCIAL INVSTMNT COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 71,953 shares; 2024Q4: 135,444 shares; 2025Q1: 142,884 shares; 2025Q2: 92,717 shares; 2025Q3: 92,717 shares 92,717$1.11M0.25%0Timeline
VTGNVISTAGEN THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 254,655 shares; 2025Q1: 254,655 shares; 2025Q2: 261,399 shares; 2025Q3: 261,399 shares 261,399$928K0.21%0Timeline
CABACABALETTA BIO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 367,491 shares; 2025Q2: 367,491 shares; 2025Q3: 387,491 shares 387,491$907K0.21%+20,000Timeline
MYPSPLAYSTUDIOS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 931,588 shares 931,588$897K0.21%newTimeline
XGLQXCLOUGH GLOBAL EQUITY FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 51,534 shares; 2025Q1: 70,720 shares; 2025Q2: 77,303 shares; 2025Q3: 114,007 shares 114,007$868K0.2%+36,704Timeline
QNCXQUINCE THERAPEUTICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 382,882 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 494,778 shares 494,778$806K0.18%newTimeline
XWIAXWESTERN ASSET INFLT LNK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 159,057 shares; 2024Q4: 159,057 shares; 2025Q1: 159,057 shares; 2025Q2: 151,642 shares; 2025Q3: 95,779 shares 95,779$806K0.18%-55,863Timeline
ANROALTO NEUROSCIENCE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 266,912 shares; 2025Q1: 234,386 shares; 2025Q2: 195,145 shares; 2025Q3: 195,145 shares 195,145$784K0.18%0Timeline
RALLYBIO CORPRALLYBIO CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 875,434 shares; 2024Q4: 1,298,119 shares; 2025Q1: 1,300,581 shares; 2025Q2: 1,817,492 shares; 2025Q3: 1,538,727 shares 1,538,727$768K0.18%-278,765
MRCCMONROE CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 108,905 shares 108,905$765K0.17%newTimeline
MFAMFA FINL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 77,440 shares; 2025Q1: 77,440 shares; 2025Q2: 77,440 shares; 2025Q3: 77,440 shares 77,440$712K0.16%0Timeline
ZNTLZENTALIS PHARMACEUTICALS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 960,928 shares; 2024Q4: 1,626,896 shares; 2025Q1: 1,710,921 shares; 2025Q2: 1,599,266 shares; 2025Q3: 457,322 shares 457,322$691K0.16%-1,141,944Timeline
SDHYPGIM SHORT DUR HIG YLD OPP FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 491,022 shares; 2024Q4: 462,098 shares; 2025Q1: 196,468 shares; 2025Q2: 178,271 shares; 2025Q3: 39,115 shares 39,115$654K0.15%-139,156Timeline
UTFCOHEN & STEERS INFRASTRUCTURQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 25,500 shares 25,500$632K0.14%newTimeline
WHLRLWHEELER REAL ESTATE INVT TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 5,271 shares; 2025Q2: 5,271 shares; 2025Q3: 5,271 shares 5,271$606K0.14%0Timeline
FLGTFULGENT GENETICS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 16,000 shares; 2025Q1: 28,718 shares; 2025Q2: 31,060 shares; 2025Q3: 21,478 shares 21,478$485K0.11%-9,582Timeline
MSIFMSC INCOME FUND INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 30,146 shares 30,146$396K0.09%newTimeline
CEVEATON VANCE CALIF MUN INCOMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 94,866 shares; 2024Q4: 43,465 shares; 2025Q1: 61,330 shares; 2025Q2: 58,315 shares; 2025Q3: 18,152 shares 18,152$183K0.04%-40,163Timeline
BKTBLACKROCK INCOME TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 13,000 shares 13,000$146K0.03%newTimeline
BOLDBOUNDLESS BIO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 192,007 shares; 2025Q1: 234,378 shares; 2025Q2: 235,505 shares; 2025Q3: 86,808 shares 86,808$107K0.02%-148,697Timeline
COHEN & STEERS INFRASTRUCTURCOHEN & STEERS INFRASTRUCTURQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 185,878 shares 185,878$14.5K<0.01%new
CLEARBRIDGE ENERGY MIDSTRM OCLEARBRIDGE ENERGY MIDSTRM OQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 77,036 shares 77,036$1.46K<0.01%new
RIVERNORTH OPPORTUNITIES FDRIVERNORTH OPPORTUNITIES FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 140,834 shares 140,834$1.14K<0.01%new
BLACKROCK INCOME TR INCBLACKROCK INCOME TR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 13,000 shares 13,000$767<0.01%new

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
PIONEER HIGH INCOME FUND INCPIONEER HIGH INCOME FUND INC1,604,088$13Mshares
PIONEER MUNICIPAL HIGH INCO…PIONEER MUNICIPAL HIGH INCOME1,244,033$10.3Mshares
PIONEER MUNICIPAL HIGH INCO…PIONEER MUNICIPAL HIGH INCOME1,020,245$9.35Mshares
PIONEER MUN HIGH INCOME OPPOPIONEER MUN HIGH INCOME OPPO790,809$9.33Mshares
CRFCORNERSTONE TOTAL RETURN FD831,088$6.44Mshares
ITEOS THERAPEUTICS INCITEOS THERAPEUTICS INC487,204$4.86Mshares
AVIRATEA PHARMACEUTICALS INC445,386$1.6Mshares
BTXBLACKROCK TECH AND PRIVATE E195,710$1.44Mshares
PIMCO CALIFORNIA MUNICIPAL …PIMCO CALIFORNIA MUNICIPAL INC215,805$1.16Mshares
FIRST TR EXCHNG TRADED FD V…FIRST TR EXCHNG TRADED FD VICONFL…213,254$894Kshares
LOGAN RIDGE FINANCE CORPLOGAN RIDGE FINANCE CORP30,999$577Kshares
MEGINYLIM CBRE GLOBAL39,612$563Kshares
HYIWESTERN ASSET HIGH YIELD OPP45,718$548Kshares
PNIPIMCO NEW YORK MUN FD II71,558$481Kshares
PIONEER DIVERSIFIED HIGH IN…PIONEER DIVERSIFIED HIGH INCOM37,250$466Kshares
BRWSABA CAPITAL INCOME & OPRNT55,799$450Kshares
ZTRVIRTUS TOTAL RETURN FD INC72,019$449Kshares
ADAMADAMAS TRUST INC.65,113$436Kshares
ECOFIN SUSTAINABLE & SOC IM…ECOFIN SUSTAINABLE & SOC IMP T31,454$385Kshares
XJQCXNUVEEN CR STRATEGIES INCOME63,388$342Kshares
PIMCO NEW YORK MUN INCMPIMCO NEW YORK MUN INCM60,219$316Kshares
EEAEUROPEAN EQUITY FD INC25,936$265Kshares
KIOKKR INCOME OPPORTUNITIES FD20,851$262Kshares
AEFABRDN EMERGING MARKETS EX CH41,409$246Kshares
TWNTAIWAN FD INC4,564$205Kshares
PIMCO CALIFORNIA MUNICIPAL …PIMCO CALIFORNIA MUNICIPAL INC32,594$203Kshares
MUCBLACKROCK MUNIHLDNGS CALI17,955$186Kshares
TDFTEMPLETON DRAGON FD INC14,846$148Kshares
RGTROYCE GLOBAL TRUST INC12,121$146Kshares
BHKBLACKROCK CORE BD TR14,014$136Kshares
PIMCO NY MUNICIPAL INCOME FDPIMCO NY MUNICIPAL INCOME FD10,814$75.6Kshares
CHWCALAMOS GBL DYN INCOME FUND10,000$71.3Kshares
HPPHUDSON PAC PPTYS INC17,729$48.6Kshares
ADAPYADAPTIMMUNE THERAPEUTICS PLC S109,054$26.1Kshares
LMP CAP & INCOME FD INCLMP CAP & INCOME FD INC19,361$1.34Kshares

How Q3 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001596468-25-000017 superseded2025-11-14acceptance time not in the bulk data set
13F-HR/A 0001596468-25-000019 basenew holdings2025-11-17acceptance time not in the bulk data set