ALMITAS CAPITAL LLC

Adviser information for ALMITAS CAPITAL LLC last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Delaware, United States

Employees

Total Number of Employees 11
Investment Advisory/Research 7
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 1
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 2 $783.7M
Non-Discretionary 0 $0
Total 2 $783.7M

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 0 $0
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 2 $783.7M
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0

Services

Advisory Services Portfolio management for pooled investment vehicles
Compensation % of AUMPerformance-based fees
Other Business Activities Commodity pool operator or commodity trading advisor

Identifiers

SEC RIA File Number 801-108002
SEC ERA File Number 801-108002
SEC CIK Numbers 1596468
SEC CRD Numbers 166705
Legal Entity Identifier None

Principal Office

1460 4TH STREET
SUITE 300
SANTA MONICA
CA
United States
Monday - Friday, 7AM-4PM
Tel: 310-573-4343, Fax: 310-573-4082

Websites

Chief Compliance Officer

RONALD MASS
MANAGING PRINCIPAL
1460 4TH STREET
SUITE 300
SANTA MONICA
CA
United States
Tel: 310-573-4343
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
ALMITAS OPPORTUNITY FUND LP Hedge Fund $505.8M $0.5M 84
ALMITAS TACTICAL FUND LP Hedge Fund $277.9M $0.5M 42

Control Persons

Name Type Entity Title Since Ownership
MASS, RONALD, DEAN Individual MANAGING PRINCIPAL; MEMBER; CHIEF COMPLIANCE OFFICER 01/2013 > 75%
Gomez, Michael, Paul Individual CHIEF FINANCIAL OFFICER 04/2023 < 5%

No. Employees, Historic

201002020202120222023202420255 on 3/30/20206 on 3/31/20218 on 3/31/20229 on 3/7/20239 on 5/30/202310 on 3/20/202411 on 3/28/2024

RAUM, Historic

800M400M0202020212022202320242025439288108 on 3/30/2020474457248 on 3/31/2021607546939 on 3/31/2022665133933 on 3/7/2023665133933 on 5/30/2023783717360 on 3/20/2024783717360 on 3/28/2024

No. Clients, Historic

10502020202120222023202420252 on 3/30/20202 on 3/31/20212 on 3/31/20222 on 3/7/20232 on 5/30/20232 on 3/20/20242 on 3/28/2024

Holdings

From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
BlackRock Health Sciences Term Trust COM SHS 27M 2M
Nuveen Core Plus Impact Fund COM BEN INT 16M 1M
BlackRock ESG Capital Allocation Term Trust SHS BEN INT 15M 839K
Nuveen Pennsylvania Quality Municipal Income Fund COM 14M 1M
Miller/Howard High Dividend Fund COM SHS BEN IN 12M 1M
Nuveen Preferred & Income Term Fund COM 10M 502K
MainStay MacKay DefinedTerm Municipal Opportunities Fund COM 8M 500K
PGIM Short Duration High Yield Opportunities Fund COM 8M 526K
Tortoise Midstream Energy Fund Inc COM 8M 181K
Eaton Vance New York Municipal Bond Fund COM 7M 730K
BNY Mellon Municipal Income Inc COM 6M 791K
New America High Income Fund Inc/The COM NEW 4M 607K
Atea Pharmaceuticals Inc COM 4M 1M
Tortoise Pipeline & Energy Fund Inc COM 4M 117K
Design Therapeutics Inc COM 4M 1M
Destra Multi-Alternative Fund COMMON SHARES 4M 515K
BlackRock Innovation and Growth Term Trust SHS BEN INT 4M 543K
DTF Tax-Free Income 2028 Term Fund Inc COM 4M 353K
MFS Investment Grade Municipal Trust SH BEN INT 4M 477K
Amylyx Pharmaceuticals Inc COM 4M 2M
Western Asset Investment Grade Defined Opportunity Trust Inc COM 4M 209K
General American Investors Co Inc COM 3M 67K
BNY Mellon Strategic Municipal Bond Fund Inc COM 3M 559K
SRH Total Return Fund Inc COM 3M 220K
Morgan Stanley India Investment Fund Inc COM 3M 115K
Japan Smaller Capitalization Fund Inc COM 3M 361K
DWS Strategic Municipal Income Trust COM 3M 277K
MFS High Income Municipal Trust SH BEN INT 3M 723K
Western Asset Global Corporate Defined Opportunity Fund Inc COM 2M 203K
Virtus Convertible & Income 2024 Target Term Fund COM 2M 272K
BlackRock California Municipal Income Trust SH BEN INT 2M 165K
Clough Global Opportunities Fund SH BEN INT 2M 363K
Eaton Vance California Municipal Income Trust SH BEN INT 2M 177K
Eaton Vance California Municipal Bond Fund COM 2M 183K
Mexico Fund Inc/The COM 2M 108K
Pioneer Municipal High Income Fund Trust COM SHS 2M 185K
Invesco Pennsylvania Value Municipal Income Trust COM 2M 153K
AllianceBernstein National Municipal Income Fund COM 2M 150K
ACELYRIN Inc COM 2M 376K
Great Ajax Corp COM 2M 456K
Pioneer Municipal High Income Opportunities Fund Inc COMMON STOCK 2M 139K
BlackRock Municipal 2030 Target Term Trust COM SHS BEN IN 2M 77K
Two Harbors Investment Corp NOTE 6.250% 1/1 2M
Clough Global Dividend and Income Fund COM 1M 223K
Taiwan Fund Inc/The/MD COM 1M 28K
PIMCO Energy & Tactical Credit Opportunities Fund COM SHS BEN INT 1M 53K
Nektar Therapeutics COM 1M 920K
Voya Infrastructure Industrials and Materials Fund COM 1M 111K
Invesco Trust for Investment Grade New York Municipals COM 1M 97K
New York Mortgage Trust Inc COM 1M 185K
Western Asset Inflation-Linked Income Fund COM SH BEN INT 951K 119K
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc COM 951K 107K
Tortoise Energy Infrastructure Corp COM 888K 25K
Thornburg Income Builder Opportunities Trust COM 882K 55K
Pioneer Municipal High Income Advantage Fund Inc COM 749K 91K
BlackRock Capital Allocation Term Trust COM 728K 44K
Neuberger Berman Municipal Fund Inc COM 673K 63K
Nuveen New Jersey Quality Municipal Income Fund COM 664K 54K
Morgan Stanley Emerging Markets Domestic Debt Fund Inc COM 634K 139K
Nicholas Financial COM NEW 633K 96K
Central and Eastern Europe Fund Inc COM 579K 54K
DWS Municipal Income Trust COM 569K 60K
Tortoise Energy Independence Fund Inc COM 546K 15K
BNY Mellon Municipal Bond Infrastructure Fund Inc COM SHS 464K 44K
John Hancock Tax-Advantaged Dividend Income Fund COM 434K 21K
BNY Mellon Strategic Municipals Inc COM 351K 57K
MFS High Yield Municipal Trust SH BEN INT 314K 91K
Calamos Long/Short Equity & Dynamic Income Trust COM 231K 15K
Highland Opportunities and Income Fund HIGHLAND INCOME 215K 34K
Spruce Biosciences Inc COM 205K 397K
Federated Hermes Premier Municipal Income Fund COM 204K 18K
Invesco Quality Municipal Income Trust COM 177K 18K
Rallybio Corp COM 135K 101K
Invesco Trust for Investment Grade Municipals COM 129K 13K
BlackRock Enhanced International Dividend Trust COM BENE INTER 90K 16K
PIMCO California Municipal Income Fund II COM 64K 11K