Altium Capital Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 6, 2026), Altium Capital Management LLC reported 18 stock positions worth $25.3 million. Its top holding was ASA Gold and Precious Metals (ASA) at 12.3% of the portfolio, followed by Royce Small-Cap Trust (RVT, 12.3%) and PIMCO Dynamic Income Strat (PDX, 11.2%). Compared with Q3 2025, it opened 18 new positions and sold out of 1. The biggest buy was a new position in ASA Gold and Precious Metals (ASA) and the biggest sale an exit from Plus Therapeutics (CNSY).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001746382
- Portfolio Value
- $25.3M (Q4 2025)
- SEC Filing
- 0001420506-26-000197 ↗ filed Feb 6, 2026
Holdings Value
Holdings 18 stocks · $25.3M
| ASA ASA Gold and Precious Metals | 12.32% | 52,219 | $3.1M | New |
| RVT Royce Small-Cap Trust Inc. | 12.25% | 192,509 | $3.1M | New |
| PDX PIMCO Dynamic Income Strat | 11.21% | 151,007 | $2.8M | New |
| NBXG Neuberger Next Generation Co. | 9.70% | 169,873 | $2.5M | New |
| XPCQX PIMCO California Muni Inc. FD | 8.94% | 259,092 | $2.3M | New |
| LEO BNY Mellon Strategic Muni | 6.59% | 262,052 | $1.7M | New |
| TY Tri-Continental Corp. | 5.22% | 40,451 | $1.3M | New |
| GAM General American Investors | 4.84% | 20,845 | $1.2M | New |
| AFB Allianceberstein NTL Muni | 4.14% | 96,849 | $1.0M | New |
| CHW Calamos Global Dynamic Incom | 3.86% | 131,803 | $977K | New |
| MXF Mexico Fund Inc. | 3.84% | 48,287 | $973K | New |
| DIAX Nuveen Dow 30 Dynamic Overwr | 3.68% | 60,998 | $931K | New |
| RMT Royce Micro-Cap Trust Inc. | 3.59% | 87,078 | $908K | New |
| HFRO Highland Opport & Income | 3.38% | 143,059 | $855K | New |
| IIF Morgan Stanley India Invest | 2.88% | 29,210 | $730K | New |
| JOF Japan Smaller Capitalization | 1.74% | 39,775 | $441K | New |
| NDRA Endra Life Sciences Inc. | 0.93% | 51,900 | $235K | New |
| DMA Destra Multi-Alternative | 0.87% | 24,559 | $220K | New |
Portfolio Sells Q3 2025 → Q4 2025
| CNSY Plus Therapeutics Inc. | Sold out | 0.00% | −100.00 |
Portfolio Buys Q3 2025 → Q4 2025
| ASA ASA Gold and Precious Metals | New | 12.32% | +12.32 |
| RVT Royce Small-Cap Trust Inc. | New | 12.25% | +12.25 |
| PDX PIMCO Dynamic Income Strat | New | 11.21% | +11.21 |
| NBXG Neuberger Next Generation Co. | New | 9.70% | +9.70 |
| XPCQX PIMCO California Muni Inc. FD | New | 8.94% | +8.94 |
| LEO BNY Mellon Strategic Muni | New | 6.59% | +6.59 |
| TY Tri-Continental Corp. | New | 5.22% | +5.22 |
| GAM General American Investors | New | 4.84% | +4.84 |
| AFB Allianceberstein NTL Muni | New | 4.14% | +4.14 |
| CHW Calamos Global Dynamic Incom | New | 3.86% | +3.86 |
| MXF Mexico Fund Inc. | New | 3.84% | +3.84 |
| DIAX Nuveen Dow 30 Dynamic Overwr | New | 3.68% | +3.68 |
| RMT Royce Micro-Cap Trust Inc. | New | 3.59% | +3.59 |
| HFRO Highland Opport & Income | New | 3.38% | +3.38 |
| IIF Morgan Stanley India Invest | New | 2.88% | +2.88 |
| JOF Japan Smaller Capitalization | New | 1.74% | +1.74 |
| NDRA Endra Life Sciences Inc. | New | 0.93% | +0.93 |
| DMA Destra Multi-Alternative | New | 0.87% | +0.87 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 19 | $47.5M | RMT, ASA, RVT, NBXG, PDX |
| Q1 2026 | 19 | $42.0M | PDX, ASA, RVT, XPCQX, GAM |
| Q4 2025 | 18 | $25.3M | ASA, RVT, PDX, NBXG, XPCQX |
| Q3 2025 | 1 | $628K | CNSY |
| Q2 2025 | 0 | $0 | |
| Q1 2025Amended | 22 | $34.4M | ZVRA, EOLS, XTNT, AVDL, CTNM |
| Q4 2024 | 61 | $321.1M | ADMA, VERA, SRPT, ZVRA, ESTA |
| Q3 2024 | 57 | $334.9M | VERA, ADMA, SRPT, EW, XENE |
| Q2 2024 | 45 | $241.2M | VERA, ADMA, XENE, ITCI, SRPT |
| Q1 2024 | 46 | $222.3M | VERA, XENE, AXSM, ADMA, ALIM |