Fund Holdings

GRATIA CAPITAL, LLC

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
ISHARES TR(Put)0200,000+200,000049,600,000+49,600,000
AEHR TEST SYS(AEHR)(Call)400,000697,000+297,0008,076,00025,844,760+17,768,760
TPG RE FIN TR INC(Call)01,600,000+1,600,000012,496,000+12,496,000
FRANKLIN BSP RLTY TR INC862,9222,278,700+1,415,7788,655,10819,346,16318.31%+10,691,055
ANTERIX INC(ATEX)(Call)0200,000+200,00007,638,000+7,638,000
WEYERHAEUSER CO(WY)(Call)0300,000+300,00007,329,000+7,329,000
WALKER & DUNLOP INC(WD)(Call)0150,000+150,00006,657,000+6,657,000
WALKER & DUNLOP INC(WD)0113,000+113,00005,014,9404.75%+5,014,940
DUOS TECHNOLOGIES GROUP INC0580,000+580,00003,978,8003.77%+3,978,800
TPG RE FIN TR INC2,031,3682,701,749+670,38117,490,07821,100,66019.97%+3,610,582
ANTERIX INC(ATEX)087,500+87,50003,341,6253.16%+3,341,625
KOSMOS ENERGY LTD(KOS)(Call)1,500,0001,500,00001,365,0004,170,000+2,805,000
U HAUL HOLDING COMPANY046,500+46,50002,077,1551.97%+2,077,155
KOSMOS ENERGY LTD(KOS)0719,800+719,80002,001,0441.89%+2,001,044
DHT HOLDINGS INC(DHT)(Call)0100,000+100,00001,827,000+1,827,000
TSAKOS ENERGY NAVIGATION LTD(TEN)143,228100,028-43,2003,211,1723,947,1053.74%+735,933
BETTER HOME & FINANCE HOLDIN101,663110,353+8,6903,312,1813,930,7743.72%+618,593
CADIZ INC(Call)05,000+5,000024,550+24,550
UNITED STATES ANTIMONY CORP0900+90007,8570.01%+7,857
HELPORT AI LTD1,304,3621,304,3620207,654143,4800.14%-64,174
NAVIOS MARITIME PARTNERS LP(NMM)134,656101,856-32,8007,060,0146,873,2436.50%-186,771
SYNERGY CHC CORP555,000550,000-5,0001,032,300709,5000.67%-322,800
ARCHER AVIATION INC(ACHR)192,793192,79301,449,803996,7400.94%-453,063
ARQ INC155,0000-155,000506,8500-506,850
DAVE INC(DAVE)29,62534,225+4,6006,559,2715,958,2305.64%-601,041
DOUBLEDOWN INTERACTIVE CO LT90,8700-90,870784,2080-784,208
AEHR TEST SYS(AEHR)137,56051,560-86,0002,777,3361,911,8451.81%-865,491
SUNRISE RLTY TR INC453,816438,816-15,0004,279,4853,365,7193.18%-913,766
MASTERCRAFT BOAT HLDGS INC260,840195,040-65,8004,932,4844,000,2703.79%-932,214
BEAZER HOMES USA INC(BZH)46,1310-46,131935,0750-935,075
COMSTOCK INC1,156,4231,106,421-50,0024,348,1503,374,5843.19%-973,566
CLAROS MTG TR INC1,700,0841,700,08405,202,2574,046,2003.83%-1,156,057
NATIONAL CINEMEDIA INC650,000318,000-332,0002,528,500969,9000.92%-1,558,600
MAGNERA CORP314,627299,627-15,0004,763,4532,849,4532.70%-1,914,000
MFA FINL INC(MFA)225,4690-225,4692,099,1160-2,099,116
UNITED STATES ANTIMONY CORP(Call)420,0000-420,0002,108,4000-2,108,400
GRANITE PT MTG TR INC2,239,3092,239,30905,374,3423,246,9983.07%-2,127,344
A2Z CUST2MATE SOLUTIONS CORP395,4100-395,4102,574,1190-2,574,119
BRIGHTSPIRE CAPITAL INC501,5850-501,5852,808,8760-2,808,876
JAKKS PAC INC179,5200-179,5203,030,2980-3,030,298
TERAWULF INC(WULF)304,0380-304,0383,493,3970-3,493,397
BOYD GAMING CORP(BYD)46,3890-46,3893,954,1980-3,954,198
HUDSON PACIFIC PROPERTIES IN(Call)1,000,0001,000,000010,830,0005,910,000-4,920,000
CADIZ INC1,496,494505,956-990,5388,395,3312,484,2442.35%-5,911,087
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