Location: Santa Monica, CA
CIK: 0001596468 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 17, 2026
Total Value: $454M (99.6% shares, 0.4% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| FBTC | FIDELITY WISE ORIGIN BITCOIN | 1,536,637 | $117M | 25.8% | $76.23 | $64.80 | — | SHS | 315948109 |
| — | BLACKROCK MUN TARGET TERM TR | 1,486,013 | $33.91M | 7.5% | $22.82 | $20.93 | — | COM SHS BEN IN | 09257P105 |
| AMLX | AMYLYX PHARMACEUTICALS INC | 2,122,597 | $25.64M | 5.6% | $12.08 * | $2.08 | +554.2% | COM | 03237H101 |
| — | ASA GOLD AND PRECIOUS MTLS L | 382,139 | $22.8M | 5.0% | $59.67 | $47.50 | — | SHS | G3156P103 |
| FETH | FIDELITY ETHEREUM FD | 650,000 | $19.25M | 4.2% | $29.61 | $25.17 | — | SHS | 31613E103 |
| LYEL | LYELL IMMUNOPHARMA INC | 577,807 | $17.78M | 3.9% | $30.78 * | $9.11 | +145.6% | COM NEW | 55083R203 |
| ELME | ELME COMMUNITIES | 1,012,210 | $17.61M | 3.9% | $17.40 | $17.40 | — | SH BEN INT | 939653101 |
| DSGN | DESIGN THERAPEUTICS INC | 1,530,435 | $14.36M | 3.2% | $9.38 * | $2.92 | +167.9% | COM | 25056L103 |
| — | FS SPECIALTY LENDING FD | 801,778 | $11.34M | 2.5% | $14.14 | $14.14 | — | COM SH BEN INT | 644323107 |
| CNNE | CANNAE HLDGS INC | 411,893 | $6.479M | 1.4% | $15.73 * | $18.72 | -9.8% | COM | 13765N107 |
| MRCC | MONROE CAP CORP | 999,044 | $6.364M | 1.4% | $6.37 | $6.47 | -0.0% | COM | 610335101 |
| CCAP | CRESCENT CAP BDC INC | 444,234 | $6.241M | 1.4% | $14.05 | $14.11 | -2.1% | COM | 225655109 |
| BRSP | BRIGHTSPIRE CAPITAL INC | 1,029,464 | $5.765M | 1.3% | $5.60 | $5.31 | — | COM CL A | 10949T109 |
| — | BNY MELLON STRATEGIC MUN BD | 926,301 | $5.715M | 1.3% | $6.17 | $5.83 | — | COM | 09662E109 |
| — | PIMCO CALIF MUN INCOME FD | 640,607 | $5.592M | 1.2% | $8.73 | $8.76 | — | COM | 72200N106 |
| — | MFS HIGH YIELD MUN TR | 1,497,718 | $5.257M | 1.2% | $3.51 | $3.45 | — | SH BEN INT | 59318E102 |
| — | LIBERTY ALL STAR EQUITY FD | 804,614 | $5.053M | 1.1% | $6.28 | $6.28 | — | SH BEN INT | 530158104 |
| ETHA | ISHARES ETHEREUM TR | 219,405 | $4.921M | 1.1% | $22.43 | $19.07 | — | SHS | 46438R105 |
| HYG | ISHARES TR | 60,000 | $4.838M | 1.1% | $80.63 | $80.63 | — | IBOXX HI YD ETF | 464288513 |
| — | JAPAN SMALLER CAPITALIZATION | 435,985 | $4.831M | 1.1% | $11.08 | $7.63 | — | COM | 47109U104 |
| — | CLOUGH GLOBAL OPPORTUNITIES | 790,286 | $4.473M | 1.0% | $5.66 | $5.40 | — | SH BEN INT | 18914E106 |
| — | MFS HIGH INCOME MUN TR | 1,193,886 | $4.417M | 1.0% | $3.70 | $3.48 | — | SH BEN INT | 59318D104 |
| — | NUVEEN PENNSYLVANIA QLT MUN | 368,795 | $4.385M | 1.0% | $11.89 | $11.43 | — | COM | 670972108 |
| — | DTF TAX-FREE INCOME 2028 TER | 350,940 | $4.008M | 0.9% | $11.42 | $10.82 | — | COM | 23334J107 |
| ARR | ARMOUR RESIDENTIAL REIT INC | 217,149 | $3.841M | 0.8% | $17.69 | $14.94 | — | COM SHS | 042315705 |
| — | MEXICO FD INC | 185,924 | $3.745M | 0.8% | $20.14 | $14.60 | — | COM | 592835102 |
| — | MFS INVT GRADE MUN TR | 454,909 | $3.617M | 0.8% | $7.95 | $7.42 | — | SH BEN INT | 59318B108 |
| BPRE | BLUEROCK PVT REAL ESTATE FD | 212,185 | $3.183M | 0.7% | $15.00 | $15.00 | — | COM | 09631P102 |
| QNCX | QUINCE THERAPEUTICS INC | 930,134 | $3.116M | 0.7% | $3.35 * | $2.06 | +21.9% | COM | 22053A107 |
| — | CENTRAL & EASTERN EUROPE FD | 173,254 | $3.067M | 0.7% | $17.70 | $10.43 | — | COM | 153436100 |
| ALXO | ALX ONCOLOGY HLDGS INC | 2,536,891 | $2.867M | 0.6% | $1.13 * | $1.04 | +45.9% | COM | 00166B105 |
| — | PIMCO DYNAMIC INCOME STRATEG | 151,260 | $2.841M | 0.6% | $18.78 | $18.78 | — | COM SHS BEN INT | 69346N107 |
| MYPS | PLAYSTUDIOS INC | 4,047,346 | $2.637M | 0.6% | $0.65 * | $0.85 | -8.1% | CLASS A COM | 72815G108 |
| NLY | ANNALY CAPITAL MANAGEMENT IN | 115,765 | $2.589M | 0.6% | $22.36 | $20.21 | — | COM NEW | 035710839 |
| MSGS | MADISON SQUARE GRDN SPRT COR | 9,925 | $2.567M | 0.6% | $258.65 * | $206.57 | +10.2% | CL A | 55825T103 |
| ETH | GRAYSCALE ETHEREUM MINI TR E | 89,557 | $2.513M | 0.6% | $28.06 | $23.72 | — | SHS NEW | 38964R203 |
| EBF | ENNIS INC | 138,956 | $2.503M | 0.6% | $18.01 * | $17.16 | 0.0% | COM | 293389102 |
| — | CLOUGH GLOBAL EQUITY FD | 322,982 | $2.474M | 0.5% | $7.66 | $7.40 | — | COM | 18914C100 |
| — | ALLIANCEBERNSTEIN NATL MUN I | 214,282 | $2.319M | 0.5% | $10.82 | $10.94 | — | COM | 01864U106 |
| — | BLACKROCK HEALTH SCIENCES TE | 152,914 | $2.301M | 0.5% | $15.05 | $15.05 | — | COM SHS | 09260E105 |
| LADR | LADDER CAP CORP | 189,357 | $2.081M | 0.5% | $10.99 | $11.10 | — | CL A | 505743104 |
| — | NUVEEN CORE PLUS IMPACT FUND | 204,356 | $2.08M | 0.5% | $10.18 | $10.18 | — | COM BEN INT | 67080D103 |
| — | BNY MELLON MUN BD INFRASTRUC | 182,924 | $2.01M | 0.4% | $10.99 | $10.71 | — | COM SHS | 09662W109 |
| — | NUVEEN DOW 30 DYNMC OVERWRT | 114,201 | $1.743M | 0.4% | $15.26 | $15.26 | — | SHS | 67075F105 |
| ANTX | AN2 THERAPEUTICS INC | 1,479,129 | $1.686M | 0.4% | $1.14 | $1.21 | -3.5% | COM | 037326105 |
| — | TWO HARBORS INVENTMENT CORPO | 1,613,000 | $1.613M | 0.4% | $1.00 | $0.85 | — | NOTE 6.250% 1/1 | 90187BAB7 |
| FSK | FS KKR CAP CORP | 106,600 | $1.579M | 0.3% | $14.81 | $14.70 | 0.0% | COM | 302635206 |
| MFIC | MIDCAP FINANCIAL INVSTMNT CO | 135,477 | $1.55M | 0.3% | $11.44 | $11.76 | -1.5% | COM NEW | 03761U502 |
| TRC | TEJON RANCH CO | 93,137 | $1.469M | 0.3% | $15.77 | $15.95 | 0.0% | COM | 879080109 |
| ANRO | ALTO NEUROSCIENCE INC | 78,520 | $1.398M | 0.3% | $17.80 * | $6.24 | +101.8% | COM SHS | 02157Q109 |
| STWD | STARWOOD PPTY TR INC | 71,000 | $1.279M | 0.3% | $18.01 | $18.01 | — | COM | 85571B105 |
| — | BNY MELLON STRATEGIC MUNS IN | 197,096 | $1.254M | 0.3% | $6.36 | $6.05 | — | COM | 05588W108 |
| MFA | MFA FINL INC | 128,086 | $1.192M | 0.3% | $9.31 | $9.84 | — | COM | 55272X607 |
| GERN | GERON CORP | 896,323 | $1.183M | 0.3% | $1.32 * | $1.33 | -5.8% | COM | 374163103 |
| SBET | SHARPLINK GAMING INC | 124,283 | $1.111M | 0.2% | $8.94 * | $12.21 | 0.0% | COM NEW | 820014405 |
| HPP | HUDSON PAC PPTYS INC | 97,816 | $1.059M | 0.2% | $10.83 | $10.83 | — | COM | 444097406 |
| — | RALLYBIO CORP | 1,529,653 | $1.049M | 0.2% | $0.69 | $0.89 | — | COM | 75120L100 |
| NCDL | NUVEEN CHURCHILL DIRECT LEND | 70,160 | $936K | 0.2% | $13.34 * | $13.75 | 0.0% | COM SHS | 67090S108 |
| — | COHEN & STEERS INFRASTRUCTUR | 38,562 | $930K | 0.2% | $24.11 | $24.57 | — | COM | 19248A109 |
| — | NUVEEN FLOATING RATE INCOME | 117,948 | $924K | 0.2% | $7.83 | $7.83 | — | COM | 67072T108 |
| EIC | EAGLE POINT INCOME COMPANY I | 80,547 | $919K | 0.2% | $11.41 | $11.41 | — | COM | 269817102 |
| — | FIRST TR SR FLTG RATE INCOME | 88,034 | $887K | 0.2% | $10.07 | $10.07 | — | COM | 33733U108 |
| CABA | CABALETTA BIO INC | 387,491 | $849K | 0.2% | $2.19 * | $2.11 | +17.5% | COM | 12674W109 |
| — | NYLI CBRE GBL INFR MEGTRNDS | 61,653 | $848K | 0.2% | $13.76 | $13.76 | — | COM | 56064Q107 |
| ZNTL | ZENTALIS PHARMACEUTICALS INC | 610,073 | $824K | 0.2% | $1.35 * | $2.93 | -50.3% | COM | 98943L107 |
| — | BLACKROCK CAP ALLOCATION TER | 55,000 | $779K | 0.2% | $14.16 | $14.16 | — | COM | 09260U109 |
| — | FIRST TR HIGH YIELD OPPRT 20 | 55,326 | $778K | 0.2% | $14.07 | $14.07 | — | COM | 33741Q107 |
| CCIF | CARLYLE CREDIT INCOME FUND | 157,285 | $738K | 0.2% | $4.69 | $4.69 | — | SHS BEN INT | 92535C104 |
| — | MFS MUN INCOME TR | 134,361 | $730K | 0.2% | $5.43 | $5.43 | — | SH BEN INT | 552738106 |
| WD | WALKER & DUNLOP INC | 11,600 | $698K | 0.2% | $60.15 * | $70.49 | 0.0% | COM | 93148P102 |
| — | CORNERSTONE TOTAL RETURN FD | 86,417 | $692K | 0.2% | $8.01 | $8.01 | — | COM | 21924U300 |
| — | EATON VANCE FLTING RATE INC | 59,404 | $671K | 0.1% | $11.29 | $11.29 | — | COM | 278279104 |
| NEWT | NEWTEKONE INC | 53,570 | $608K | 0.1% | $11.35 * | $10.91 | 0.0% | COM NEW | 652526203 |
| — | WESTERN ASST INFLTN LKD INM | 72,863 | $603K | 0.1% | $8.27 | $8.15 | — | COM SH BEN INT | 95766Q106 |
| CVCO | CAVCO INDS INC DEL | 992 | $586K | 0.1% | $590.74 * | $566.58 | 0.0% | COM | 149568107 |
| — | LIBERTY ALL-STAR GROWTH FD I | 110,481 | $586K | 0.1% | $5.30 | $5.30 | — | COM | 529900102 |
| CGBD | CARLYLE SECURED LENDING INC | 42,885 | $536K | 0.1% | $12.49 * | $12.06 | 0.0% | COM | 872280102 |
| — | SRH TOTAL RETURN FUND INC | 28,719 | $532K | 0.1% | $18.54 | $18.54 | — | COM | 101507101 |
| — | SABA CAPITAL INCOME & OPPORT | 64,130 | $529K | 0.1% | $8.25 | $8.25 | — | COM NEW | 880198205 |
| FLGT | FULGENT GENETICS INC | 18,478 | $485K | 0.1% | $26.27 | $18.50 | +40.2% | COM | 359664109 |
| TCPC | BLACKROCK TCP CAPITAL CORP | 85,000 | $465K | 0.1% | $5.47 * | $5.76 | 0.0% | COM | 09259E108 |
| GSBD | GOLDMAN SACHS BDC INC | 50,000 | $464K | 0.1% | $9.28 * | $9.81 | 0.0% | SHS | 38147U107 |
| — | WHEELER REAL ESTATE INVT TR | 5,271 | $461K | 0.1% | $87.50 | $183.36 | — | 7% SR NT 31 | 963025804 |
| — | CLEARBRIDGE ENERGY MIDSTRM O | 9,549 | $426K | 0.1% | $44.65 | $44.65 | — | COM | 18469P209 |
| SKY | CHAMPION HOMES INC | 5,000 | $423K | 0.1% | $84.50 * | $78.80 | 0.0% | COM | 830830105 |
| — | PGIM SHORT DUR HIG YLD OPP F | 25,277 | $416K | 0.1% | $16.45 | $15.11 | — | COM | 69355J104 |
| NMFC | NEW MTN FIN CORP | 45,000 | $414K | 0.1% | $9.21 | $9.17 | 0.0% | COM | 647551100 |
| FRMM | ETHZILLA CORPORATION | 80,408 | $394K | 0.1% | $4.90 * | $14.11 | 0.0% | COM SHS | 68236V401 |
| — | CALAMOS LNG SHR EQT DYNAMIC | 25,204 | $368K | 0.1% | $14.62 | $14.62 | — | COM | 12812C106 |
| CIM | CHIMERA INVT CORP | 29,177 | $363K | 0.1% | $12.43 | $12.43 | — | COM SHS | 16934Q802 |
| MSDL | MORGAN STANLEY DIRECT LENDIN | 20,000 | $330K | 0.1% | $16.48 | $16.42 | 0.0% | COM SHS | 61774A103 |
| — | ABRDN LIFE SCIENCES INVESTOR | 19,239 | $323K | 0.1% | $16.78 | $16.78 | — | SH BEN INT | 87911K100 |
| — | EATON VANCE SR FLTNG RTE TR | 28,829 | $321K | 0.1% | $11.14 | $11.14 | — | COM | 27828Q105 |
| — | NUVEEN CR STRATEGIES INCOME | 63,304 | $318K | 0.1% | $5.02 | $5.02 | — | COM SHS | 67073D102 |
| GBDC | GOLUB CAP BDC INC | 20,000 | $271K | 0.1% | $13.57 | $13.54 | 0.0% | COM | 38173M102 |
| — | RIVERNORTH DOUBLELINE STRATE | 33,963 | $270K | 0.1% | $7.95 | $7.95 | — | COM | 76882G107 |
| — | BLACKROCK MULTI SECTOR INC T | 19,543 | $255K | 0.1% | $13.06 | $13.39 | — | COM | 09258A107 |
| — | TOTAL RETURN SECURITIES FUND | 36,781 | $229K | 0.1% | $6.22 | $6.22 | — | COM | 870875101 |
| BCSF | BAIN CAP SPECIALTY FIN INC | 15,000 | $209K | 0.0% | $13.91 * | $13.37 | 0.0% | COM STK | 05684B107 |
| — | EATON VANCE RISK-MANAGED DIV | 20,661 | $182K | 0.0% | $8.82 | $8.82 | — | COM | 27829G106 |
| — | ROYCE SMALL CAP TRUST INC | 10,456 | $168K | 0.0% | $16.10 | $16.10 | — | COM | 780910105 |
| — | NUVEEN S&P 500 BUY-WRITE INC | 10,320 | $152K | 0.0% | $14.70 | $14.70 | — | COM | 6706ER101 |
| — | INVESCO SR INCOME TR | 43,310 | $142K | 0.0% | $3.27 | $3.27 | — | COM | 46131H107 |
| — | NUVEEN CALIF SELECT TAX FREE | 10,372 | $137K | 0.0% | $13.20 | $13.20 | — | SH BEN INT | 67063R103 |
| — | BLACKROCK CORPOR HI YLD FD I | 15,000 | $134K | 0.0% | $8.90 | $8.90 | — | COM | 09255P107 |
| — | CLOUGH GLOBAL DIVID & INCOME | 19,287 | $115K | 0.0% | $5.97 | $5.97 | — | COM | 18913Y103 |
| — | EATON VANCE SR INCOME TR | 14,653 | $77,221 | 0.0% | $5.27 | $5.27 | — | SH BEN INT | 27826S103 |