§ 13F · FUND PROFILE
SMH CAPITAL ADVISORS INC.
Institutional filer · behavioral pattern: Other. Summary pending.
AUM · $44.1T (13F)Positions · 46Turnover · — · Q4Filed · Feb 12, 2026
CONCENTRATION
—
Top 10 holdings
NEW BUYS
0
+$49.1T 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 12, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | CSWC 5.125 11/15/29 | CAPITAL SOUTHWEST CORP | 12.20M | $12.0T | 24.5% | NEW |
| 2 | WT 3.25 06/15/26 | WISDOMTREE INC | 9.35M | $10.8T | 22.0% | NEW |
| 3 | TRIN | TRINITY CAP INC | 171K | $2.5T | 5.1% | NEW |
| 4 | SPHY | SPDR SERIES TRUST | 101K | $2.4T | 4.9% | NEW |
| 5 | CSWC | CAPITAL SOUTHWEST CORP | 78K | $1.7T | 3.5% | NEW |
| 6 | VICI | VICI PPTYS INC | 49K | $1.4T | 2.8% | NEW |
| 7 | RIOT 0.75 01/15/30 | RIOT PLATFORMS INC | 1.10M | $1.2T | 2.5% | NEW |
| 8 | MAIN | MAIN STR CAP CORP | 19K | $1.1T | 2.3% | NEW |
| 9 | CG | CARLYLE GROUP INC | 19K | $1.1T | 2.3% | NEW |
| 10 | PSEC | PROSPECT CAP CORP | 426K | $1.1T | 2.2% | NEW |
§ 02 · SECTOR ALLOCATION
Where the money is
Sector data pending
§ 03 · THE SMH SIGNAL
AC read
SMH CAPITAL ADVISORS INC is a Other fund managing $44060.9 trillion in assets. The fund runs a portfolio of 46 positions.
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Steady book
+0 buys · −0 exits · 0 changed
Q2 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed