§ 13F · FUND PROFILE
GRATIA CAPITAL, LLC.
Institutional filer · behavioral pattern: Other. Summary pending.
AUM · — (13F)Positions · 60Turnover · — · Q4Filed · Feb 17, 2026
CONCENTRATION
—
Top 10 holdings
NEW BUYS
0
+$134.1T deployed
EXITS
0
No exits
SECTOR SHIFT
—
No prior quarter data
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 17, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | TRTX | TPG RE FIN TR INC | 1.73M | $14.9T | 11.1% | NEW |
| 2 | HPP | HUDSON PAC PPTYS INC | 767K | $8.3T | 6.2% | NEW |
| 3 | FBRT | FRANKLIN BSP RLTY TR INC | 695K | $7.0T | 5.2% | NEW |
| 4 | CDZI | CADIZ INC | 1.22M | $6.8T | 5.1% | NEW |
| 5 | AEHR | AEHR TEST SYS | 308K | $6.2T | 4.6% | NEW |
| 6 | NMM | NAVIOS MARITIME PARTNERS L P | 104K | $5.5T | 4.1% | NEW |
| 7 | DAVE | DAVE INC | 23K | $5.2T | 3.9% | NEW |
| 8 | GPMT | GRANITE PT MTG TR INC | 1.76M | $4.2T | 3.1% | NEW |
| 9 | CMTG | CLAROS MTG TR INC | 1.30M | $4.0T | 3.0% | NEW |
| 10 | MCFT | MASTERCRAFT BOAT HLDGS INC | 202K | $3.8T | 2.9% | NEW |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE GRATIA SIGNAL
AC read
GRATIA CAPITAL, LLC is classified as a Other fund.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed