Gratia Capital, LLC 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Gratia Capital, LLC disclosed 22 US equity positions worth $91.8m in its Q2 2025 13F filing. The largest position was TRTX at 22.4% of the reported book, followed by FBRT and XPOF. Against the Q1 2025 filing, it opened 4 new positions, added to 9 and reduced 5 among the top 22 holdings.
What did Gratia Capital, LLC own in Q2 2025? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | TRTX TPG RE FIN TR INC | Real Estate | 22.4% | $20.6m | 2,664,589 | 27% | added |
| 2 | FBRT FRANKLIN BSP RLTY TR INC | 9.5% | $8.7m | 817,837 | 42% | added | |
| 3 | XPOF XPONENTIAL FITNESS INC | Consumer Cyclical | 6.3% | $5.8m | 771,417 | 192% | added |
| 4 | NMM NAVIOS MARITIME PARTNERS L P | 5.5% | $5.1m | 134,356 | -15% | reduced | |
| 5 | SUNS SUNRISE RLTY TR INC | 5.2% | $4.7m | 446,720 | 20% | added | |
| 6 | ARQ ARQ INC | Industrials | 5.0% | $4.6m | 857,962 | 24% | added |
| 7 | MCFT MASTERCRAFT BOAT HLDGS INC | Consumer Cyclical | 4.7% | $4.3m | 230,000 | – | new |
| 8 | CMTG CLAROS MTG TR INC | 4.1% | $3.8m | 1,335,801 | 0% | held | |
| 9 | MAGN MAGNERA CORP | 4.1% | $3.8m | 314,627 | 7% | added | |
| 10 | BYD BOYD GAMING CORP | Consumer Cyclical | 4.0% | $3.7m | 47,389 | 30% | added |
| 11 | BZH BEAZER HOMES USA INC | Consumer Cyclical | 3.9% | $3.6m | 161,400 | 18% | added |
| 12 | JAKK JAKKS PAC INC | Consumer Cyclical | 3.4% | $3.1m | 149,970 | – | new |
| 13 | BRSP BRIGHTSPIRE CAPITAL INC | 3.3% | $3.0m | 600,000 | 0% | held | |
| 14 | TSAKOS ENERGY NAVIGATION LTD | 3.0% | $2.8m | 145,228 | 0% | held | |
| 15 | ACHR ARCHER AVIATION INC | 3.0% | $2.7m | 250,000 | -14% | reduced | |
| 16 | ACR ACRES COMMERCIAL REALTY CORP | 2.5% | $2.3m | 125,994 | 64% | added | |
| 17 | CDZI CADIZ INC | 2.4% | $2.2m | 737,500 | -25% | reduced | |
| 18 | MFA MFA FINL INC | Real Estate | 2.3% | $2.1m | 225,469 | 0% | held |
| 19 | BETR BETTER HOME & FINANCE HOLDIN | 2.0% | $1.8m | 145,000 | – | new | |
| 20 | GPMT GRANITE PT MTG TR INC | 1.8% | $1.6m | 665,783 | -17% | reduced | |
| 21 | CBUS CIBUS INC | 1.3% | $1.2m | 857,000 | – | new | |
| 22 | HELPORT AI LTD | 0.3% | $286.3k | 1,304,514 | -1% | reduced |
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.