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GRATIA CAPITAL, LLC

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1599793
Institutional-grade research for retail investors

Sector Allocation

  • Real Estate46.3%$40.3M
  • Industrials18.7%$16.3M
  • Materials14.2%$12.4M
  • Technology7.8%$6.8M
  • Financials5.2%$4.5M
  • Energy4.4%$3.9M
  • Consumer Discretionary2.4%$2.1M
  • Other1.0%$889,289

AUM History

13fpro.ai/research/fund/gratia-capital-llc-1599793

Largest positions — Q2 2026

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/gratia-capital-llc-1599793

GRATIA CAPITAL, LLC 13F holdings — Q2 2026

$165.4M portfolio (-27.2% QoQ) · 31 holdings · Q2 2026 13F · top 10 are 72% of the stock portfolio

Includes $78.3M of put/call options ($0 puts, $78.3M calls), which 13F rules report at the value of the underlying shares, not the premium at risk. Stocks alone: $87.0M. Weights use the stock portfolio.

All holdings — GRATIA CAPITAL, LLC (Q2 2026)

31 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.

Company
AEHR$AEHRCALLAEHR TEST SYSTEMS$55.3M-17%
HPP$HPPCALLHudson Pacific Properties, Inc.$7.6M-50%
WD$WDCALLWalker & Dunlop, Inc.$6.4M-22%
WY$WYCALLWEYERHAEUSER CO$5.5M-23%
SUNS$SUNSSunrise Realty Trust, Inc.$2.7M-23%
MAGN$MAGNMagnera Corp$2.6M-25%
GPMT$GPMTGranite Point Mortgage Trust Inc.$2.6M-22%
KOS$KOSCALLKosmos Energy Ltd.$2.4M-24%
TEN$TENTSAKOS ENERGY NAVIGATION LTD$2.3M-35%
UHAL$UHALU-Haul Holding Co /NV/$2.1M-22%
KOS$KOSKosmos Energy Ltd.$2.0M+34%
TGEN$TGENTECOGEN INC.$2.0MNew
NB$NBNIOCORP DEVELOPMENTS LTD$2.0MNew
METC$METCRamaco Resources, Inc.$1.8MNew
AKAM$AKAMCALLAKAMAI TECHNOLOGIES INC$1.2MNew

What changed in Q2 2026

Against the previous quarter's 13F: 9 new, 2 added to, 19 trimmed, 12 sold out. Share-count changes; largest moves by dollar size first.

New positions (9)

  • ADTN$ADTNADTRAN Holdings, Inc.$3.5M

    first bought this quarter

  • SHIM$SHIMShimmick Corp$3.3M

    first bought this quarter

  • TGEN$TGENTECOGEN INC.$2.0M

    first bought this quarter

  • NB$NBNIOCORP DEVELOPMENTS LTD$2.0M

    first bought this quarter

  • METC$METCRamaco Resources, Inc.$1.8M

    first bought this quarter

  • AKAM$AKAMCALLAKAMAI TECHNOLOGIES INC$1.2M

    first bought this quarter

+3 more in the Excel export

Added to (2)

  • LODE$LODEComstock Inc.+69%

    now $7.8M · held 4 qtrs

  • KOS$KOSKosmos Energy Ltd.+34%

    now $2.0M · held 2 qtrs, 2 adds in a row

Trimmed (19)

  • AEHR$AEHRCALLAEHR TEST SYSTEMS-17%

    now $55.3M

  • HPP$HPPCALLHudson Pacific Properties, Inc.-50%

    now $7.6M

  • TRTX$TRTXTPG RE Finance Trust, Inc.-23%

    now $17.3M · held 10+ qtrs

  • WD$WDWalker & Dunlop, Inc.-85%

    now $909K · held 2 qtrs

  • FBRT$FBRTFranklin BSP Realty Trust, Inc.-22%

    now $14.4M · held 8 qtrs

  • DUOT$DUOTDUOS TECHNOLOGIES GROUP, INC.-53%

    now $3.2M · held 2 qtrs

+13 more in the Excel export

Sold out (12)

  • PUTISHARES TRwas $49.6M
  • TRTX$TRTXCALLTPG RE Finance Trust, Inc.was $12.5M
  • ATEX$ATEXCALLAnterix Inc.was $7.6M
  • DAVE$DAVEDave Inc./DEwas $6.0M

    held 2 qtrs

  • ATEX$ATEXAnterix Inc.was $3.3M

    held 1 qtr

  • CDZI$CDZICADIZ INCwas $2.5M

    held 6 qtrs

+6 more in the Excel export

Share

Holdings by quarter

Every 13F GRATIA CAPITAL, LLC has filed, 41 earlier quarters. Pick one to see what it held then.

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Is it too late to follow GRATIA CAPITAL?

Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.

Average quality of GRATIA CAPITAL's top 20 holdings: 45/100 (our AI quality score, weighted by position size; 17 of the 20 are scored)

Top 10 since filing

-23.4%

Value-weighted move of the 10 largest stock positions

Turnover

19%

Last quarter; 84% over the last 4

Top 10 weight

72%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

74%

Share of portfolio value in positions held a year or more

Highest-quality names it owns(among its 100 largest positions)

The 8 highest-scoring companies in this portfolio are a Pro feature.

How these are measured
  • Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
  • Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
  • Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
  • Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
  • Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.

Portfolio Overview

GRATIA CAPITAL, LLC disclosed 31 positions worth $165.4M in its Form 13F-HR for Q2 2026 — $87.0M in common stock plus $78.3M of put/call option positions (reported at underlying notional value, not premium at risk), led by $TRTX (TPG RE Finance Trust, Inc.) at 19.9% of the equity portfolio, followed by $FBRT and $LODE. During the quarter the fund opened 9 new positions and exited 12 — including a new stake in $ADTN. The portfolio is most concentrated in Real Estate (46.3% of disclosed assets). All figures are sourced directly from GRATIA CAPITAL, LLC’s Form 13F-HR filing with the SEC under CIK 1599793.

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AI-Powered Hedge Fund Analysis: GRATIA CAPITAL, LLC

13F Pro is an AI hedge fund tracker and stock research platform. For GRATIA CAPITAL, LLC (SEC CIK: 1599793), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in GRATIA CAPITAL, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.