GRATIA CAPITAL, LLC Hedge Fund

CIK: 0001599793 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Aug 14, 2025

Total Value ($000): $102,527 (100.0% shares, 0.0% debt)

Holdings (26)

TRTX TPG RE FIN TR INC 20.1%

Value ($000) $20,571 Shares 2,664,589 Est. Cost $7.86 Unrealized —

FBRT FRANKLIN BSP RLTY TR INC 8.5%

Value ($000) $8,743 Shares 817,837 Est. Cost $12.17 Unrealized —

XPOF XPONENTIAL FITNESS INC 5.6%

Value ($000) $5,778 Shares 771,417 Est. Cost $9.87 Unrealized -16.0%

NMM NAVIOS MARITIME PARTNERS L P 4.9%

Value ($000) $5,063 Shares 134,356 Est. Cost $30.90 Unrealized —

SUNS SUNRISE RLTY TR INC 4.6%

Value ($000) $4,735 Shares 446,720 Est. Cost $10.99 Unrealized —

ARQ ARQ INC 4.5%

Value ($000) $4,607 Shares 857,962 Est. Cost $5.43 Unrealized -19.3%

MCFT MASTERCRAFT BOAT HLDGS INC 4.2%

Value ($000) $4,273 Shares 230,000 Est. Cost $17.10 Unrealized 0.0%

TRTX TPG RE FIN TR INC 3.8%

Value ($000) $3,860 Shares 500,000 Est. Cost $7.86 Unrealized —

CMTG CLAROS MTG TR INC 3.7%

Value ($000) $3,807 Shares 1,335,801 Est. Cost $3.73 Unrealized —

MAGN MAGNERA CORP 3.7%

Value ($000) $3,801 Shares 314,627 Est. Cost $20.01 Unrealized -31.2%

BYD BOYD GAMING CORP 3.6%

Value ($000) $3,707 Shares 47,389 Est. Cost $66.05 Unrealized +7.4%

BZH BEAZER HOMES USA INC 3.5%

Value ($000) $3,611 Shares 161,400 Est. Cost $27.27 Unrealized -23.9%

JAKK JAKKS PAC INC 3.0%

Value ($000) $3,116 Shares 149,970 Est. Cost $19.63 Unrealized 0.0%

BRSP BRIGHTSPIRE CAPITAL INC 3.0%

Value ($000) $3,030 Shares 600,000 Est. Cost $5.64 Unrealized —

TEN TSAKOS ENERGY NAVIGATION LTD 2.7%

Value ($000) $2,787 Shares 145,228 Est. Cost $24.46 Unrealized -28.3%

— HUDSON PAC PPTYS INC 2.7%

Value ($000) $2,740 Shares 1,000,000 Est. Cost $2.95 Unrealized —

ACHR ARCHER AVIATION INC 2.6%

Value ($000) $2,713 Shares 250,000 Est. Cost $4.48 Unrealized +108.8%

KOS KOSMOS ENERGY LTD 2.5%

Value ($000) $2,580 Shares 1,500,000 Est. Cost — Unrealized —

ACR ACRES COMMERCIAL REALTY CORP 2.2%

Value ($000) $2,260 Shares 125,994 Est. Cost $15.46 Unrealized —

CDZI CADIZ INC 2.2%

Value ($000) $2,205 Shares 737,500 Est. Cost $4.14 Unrealized -30.6%

MFA MFA FINL INC 2.1%

Value ($000) $2,133 Shares 225,469 Est. Cost $10.26 Unrealized —

BETR BETTER HOME & FINANCE HOLDIN 1.8%

Value ($000) $1,797 Shares 145,000 Est. Cost $12.96 Unrealized 0.0%

GPMT GRANITE PT MTG TR INC 1.6%

Value ($000) $1,644 Shares 665,783 Est. Cost $2.77 Unrealized —

XPOF XPONENTIAL FITNESS INC 1.5%

Value ($000) $1,498 Shares 200,000 Est. Cost $9.87 Unrealized -16.0%

CBUS CIBUS INC 1.2%

Value ($000) $1,183 Shares 857,000 Est. Cost $2.04 Unrealized 0.0%

HPAIW HELPORT AI LTD 0.3%

Value ($000) $286 Shares 1,304,514 Est. Cost $0.10 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TRTX	TPG RE FIN TR INC	2,664,589	$20,571	20.1%	$7.86	—	COM	87266M107
FBRT	FRANKLIN BSP RLTY TR INC	817,837	$8,743	8.5%	$12.17	—	COMMON STOCK	35243J101
XPOF	XPONENTIAL FITNESS INC	771,417	$5,778	5.6%	$9.87	-16.0%	COM CL A	98422X101
NMM	NAVIOS MARITIME PARTNERS L P	134,356	$5,063	4.9%	$30.90	—	COM UNIT LPI	Y62267409
SUNS	SUNRISE RLTY TR INC	446,720	$4,735	4.6%	$10.99	—	COM	867981102
ARQ	ARQ INC	857,962	$4,607	4.5%	$5.43	-19.3%	COM	00770C101
MCFT	MASTERCRAFT BOAT HLDGS INC	230,000	$4,273	4.2%	$17.10	0.0%	COM	57637H103
TRTX	TPG RE FIN TR INC	500,000	$3,860	3.8%	$7.86	—	Call	87266M107
CMTG	CLAROS MTG TR INC	1,335,801	$3,807	3.7%	$3.73	—	COMMON STOCK	18270D106
MAGN	MAGNERA CORP	314,627	$3,801	3.7%	$20.01	-31.2%	COM SHS	55939A107
BYD	BOYD GAMING CORP	47,389	$3,707	3.6%	$66.05	+7.4%	COM	103304101
BZH	BEAZER HOMES USA INC	161,400	$3,611	3.5%	$27.27	-23.9%	COM NEW	07556Q881
JAKK	JAKKS PAC INC	149,970	$3,116	3.0%	$19.63	0.0%	COM NEW	47012E403
BRSP	BRIGHTSPIRE CAPITAL INC	600,000	$3,030	3.0%	$5.64	—	COM CL A	10949T109
TEN	TSAKOS ENERGY NAVIGATION LTD	145,228	$2,787	2.7%	$24.46	-28.3%	SHS	G9108L173
—	HUDSON PAC PPTYS INC	1,000,000	$2,740	2.7%	$2.95	—	Call	444097109
ACHR	ARCHER AVIATION INC	250,000	$2,713	2.6%	$4.48	+108.8%	COM CL A	03945R102
KOS	KOSMOS ENERGY LTD	1,500,000	$2,580	2.5%	—	—	Call	500688106
ACR	ACRES COMMERCIAL REALTY CORP	125,994	$2,260	2.2%	$15.46	—	COM NEW	00489Q102
CDZI	CADIZ INC	737,500	$2,205	2.2%	$4.14	-30.6%	COM NEW	127537207
MFA	MFA FINL INC	225,469	$2,133	2.1%	$10.26	—	COM	55272X607
BETR	BETTER HOME & FINANCE HOLDIN	145,000	$1,797	1.8%	$12.96	0.0%	COM NEW CL A	08774B508
GPMT	GRANITE PT MTG TR INC	665,783	$1,644	1.6%	$2.77	—	COM STK	38741L107
XPOF	XPONENTIAL FITNESS INC	200,000	$1,498	1.5%	$9.87	-16.0%	Call	98422X101
CBUS	CIBUS INC	857,000	$1,183	1.2%	$2.04	0.0%	CL A COM STK	17166A101
HPAIW	HELPORT AI LTD	1,304,514	$286	0.3%	$0.10	—	*W EXP 03/31/202	G4R52R111