GRATIA CAPITAL, LLC
13F filer · CIK 1599793 · Los Angeles, CA
Summary
GRATIA CAPITAL, LLC reported $165.38M across 31 positions in its 13F for 2026 Q2, filed Aug 14, 2026. The largest holdings are TRTX (10.5%), FBRT (8.7%), LODE (4.7%). Versus 2026 Q1, leaving options aside, it opened 8 new positions, added to 2, trimmed 14 and sold out of 7.
Reported value$165.38M
Positions31incl. options
Report period2026 Q2
FiledAug 14, 2026
New positions8
Added2
Trimmed14
Sold out7
Top 25 holdings
By reported value, options listed separately · change vs 2026 Q1
Weight 10.5%Value $17.30MPrice $6.34Shares 2.07M -23.48%Since Jun 30 -24.25%
Weight 8.7%Value $14.40MPrice $6.72Shares 1.77M -22.35%Since Jun 30 -17.44%
Weight 4.7%Value $7.77MPrice $2.35Shares 1.87M +68.86%Since Jun 30 -43.51%
Weight 2.4%Value $3.97MPrice $20.08Shares 154K -21.08%Since Jun 30 -22.23%
Weight 2.2%Value $3.71MPrice $90.99Shares 53K -48.00%Since Jun 30 +29.86%
Weight 2.1%Value $3.48MPrice $6.87Shares 250KSince Jun 30 -50.58%
Weight 2.0%Value $3.32MPrice $3.12Shares 727KSince Jun 30 -31.73%
Weight 2.0%Value $3.24MPrice $8.97Shares 270K -53.40%Since Jun 30 -25.25%
Weight 1.8%Value $3.06MPrice $1.29Shares 1.30M -23.46%Since Jun 30 -45.11%
Weight 1.7%Value $2.76MPrice $10.23Shares 100K -8.97%Since Jun 30 -62.80%
Weight 1.6%Value $2.68MPrice $6.99Shares 339K -22.67%Since Jun 30 -11.52%
Weight 1.6%Value $2.64MPrice $11.62Shares 225K -24.95%Since Jun 30 -1.11%
Weight 1.6%Value $2.61MPrice $0.89Shares 1.74M -22.33%Since Jun 30 -40.85%
Weight 1.4%Value $2.31MPrice $47.17Shares 65K -34.79%Since Jun 30 +33.36%
Weight 1.3%Value $2.08MPrice $53.45Shares 36K -22.44%Since Jun 30 -7.37%
Weight 1.2%Value $2.03MPrice $2.58Shares 964K +33.88%Since Jun 30 +22.27%
Weight 1.2%Value $2.03MPrice $2.95Shares 389KSince Jun 30 -43.49%
Weight 1.2%Value $1.98MPrice $3.49Shares 410KSince Jun 30 -27.59%
Weight 1.1%Value $1.83MPrice $8.38Shares 138KSince Jun 30 -36.66%
Weight 0.6%Value $911.9KPrice $5.06Shares 193KSince Jun 30 +6.98%
Weight 0.5%Value $909.1KPrice $36.30Shares 17K -85.29%Since Jun 30 -33.64%
Weight 0.5%Value $889.3KPrice $6.72Shares 125KSince Jun 30 -5.75%
Weight 0.5%Value $834.8KPrice $29.85Shares 21KSince Jun 30 -24.91%
Weight 0.1%Value $247.8KPrice $4.11Shares 55KSince Jun 30 -8.67%
Weight 0.0%Value $32.6KShares 994K -23.79%
| Stock | Weight | Value | Since Jun 30 | Shares change | Action |
|---|---|---|---|---|---|
| 10.5% | $17.30M | -24.25% | -23.48% | Trim | |
| 8.7% | $14.40M | -17.44% | -22.35% | Trim | |
| 4.7% | $7.77M | -43.51% | +68.86% | Add | |
| 2.4% | $3.97M | -22.23% | -21.08% | Trim | |
| 2.2% | $3.71M | +29.86% | -48.00% | Trim | |
| 2.1% | $3.48M | -50.58% | — | New | |
| 2.0% | $3.32M | -31.73% | — | New | |
| 2.0% | $3.24M | -25.25% | -53.40% | Trim | |
| 1.8% | $3.06M | -45.11% | -23.46% | Trim | |
| 1.7% | $2.76M | -62.80% | -8.97% | Trim | |
| 1.6% | $2.68M | -11.52% | -22.67% | Trim | |
| 1.6% | $2.64M | -1.11% | -24.95% | Trim | |
| 1.6% | $2.61M | -40.85% | -22.33% | Trim | |
| 1.4% | $2.31M | +33.36% | -34.79% | Trim | |
| 1.3% | $2.08M | -7.37% | -22.44% | Trim | |
| 1.2% | $2.03M | +22.27% | +33.88% | Add | |
| 1.2% | $2.03M | -43.49% | — | New | |
| 1.2% | $1.98M | -27.59% | — | New | |
| 1.1% | $1.83M | -36.66% | — | New | |
| 0.6% | $911.9K | +6.98% | — | Hold | |
| 0.5% | $909.1K | -33.64% | -85.29% | Trim | |
| 0.5% | $889.3K | -5.75% | — | New | |
| 0.5% | $834.8K | -24.91% | — | New | |
| 0.1% | $247.8K | -8.67% | — | New | |
| 0.0% | $32.6K | — | -23.79% | Trim |
Weight is the share of the reported 13F value, including options at notional value. “Since Jun 30” compares the latest close with the quarter-end price implied by the filing (value ÷ shares).
Largest buys in 2026 Q2
Largest sells in 2026 Q2
Options
Notional value, listed apart from stocks
Source: SEC Form 13F, values as reported by the filer. Filings lag up to 45 days after quarter end and cover only certain long positions. Research only, not investment advice.