Gratia Capital, LLC 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Gratia Capital, LLC disclosed 23 US equity positions worth $87.7m in its Q1 2025 13F filing. The largest position was TRTX at 19.5% of the reported book, followed by FBRT and NMM. Against the Q4 2024 filing, it opened 5 new positions, added to 8 and reduced 5 among the top 23 holdings.
What did Gratia Capital, LLC own in Q1 2025? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TRTX TPG RE FIN TR INC | Real Estate | 19.5% | $17.1m | 2,096,856 | 76% | added |
| 2 | FBRT FRANKLIN BSP RLTY TR INC | 8.4% | $7.3m | 575,442 | -8% | reduced | |
| 3 | NMM NAVIOS MARITIME PARTNERS L P | 7.0% | $6.2m | 157,356 | 44% | added | |
| 4 | MAGN MAGNERA CORP | 6.1% | $5.3m | 293,227 | 0% | held | |
| 5 | CMTG CLAROS MTG TR INC | 5.7% | $5.0m | 1,335,801 | – | new | |
| 6 | ABX ABACUS GLOBAL MGMT INC | 5.4% | $4.7m | 627,402 | 13% | added | |
| 7 | SUNS SUNRISE RLTY TR INC | 4.7% | $4.1m | 372,527 | – | new | |
| 8 | LSEA LANDSEA HOMES CORP | 4.2% | $3.7m | 570,000 | 78% | added | |
| 9 | HUDSON PAC PPTYS INC | 4.1% | $3.6m | 1,223,500 | – | new | |
| 10 | BRSP BRIGHTSPIRE CAPITAL INC | 3.8% | $3.3m | 600,000 | 0% | held | |
| 11 | FCFS FIRSTCASH HOLDINGS INC | Financial Services | 3.4% | $3.0m | 24,907 | -57% | reduced |
| 12 | CDZI CADIZ INC | 3.3% | $2.9m | 987,500 | 209% | added | |
| 13 | ARQ ARQ INC | Industrials | 3.3% | $2.9m | 693,652 | – | new |
| 14 | BZH BEAZER HOMES USA INC | Consumer Cyclical | 3.2% | $2.8m | 136,400 | 70% | added |
| 15 | TSAKOS ENERGY NAVIGATION LTD | 2.8% | $2.5m | 145,228 | 0% | held | |
| 16 | BYD BOYD GAMING CORP | Consumer Cyclical | 2.7% | $2.4m | 36,572 | -37% | reduced |
| 17 | MFA MFA FINL INC | Real Estate | 2.6% | $2.3m | 225,469 | – | new |
| 18 | XPOF XPONENTIAL FITNESS INC | Consumer Cyclical | 2.5% | $2.2m | 264,217 | 54% | added |
| 19 | GPMT GRANITE PT MTG TR INC | 2.4% | $2.1m | 800,000 | 14% | added | |
| 20 | ACHR ARCHER AVIATION INC | 2.4% | $2.1m | 292,176 | -42% | reduced | |
| 21 | ACR ACRES COMMERCIAL REALTY CORP | 1.9% | $1.7m | 76,682 | -24% | reduced | |
| 22 | HELPORT AI LTD | 0.4% | $374.9k | 1,320,918 | 0% | held | |
| 23 | SYNERGY CHC CORP | 0.3% | $249.0k | 105,944 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.