Q2 2026 13F · SEC CIK 1180391

Smh Capital Advisors Inc

Institutional asset managerFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $25.5M
Reported positions: 54
Holdings vs S&P 500, 3 yrs: —
Assets under management: $503.1M

Smh Capital Advisors Inc is an institutional asset manager that reported 54 positions worth $25.5M in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Trinity Cap Inc (TRIN, 11.9%), Capital Southwest Corp (CSWC, 7.5%), VICI Properties Inc (VICI, 5.6%).

Smh Capital Advisors Inc holdings largest 50 of 54 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Smh Capital Advisors Inc 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
TRINTrinity Cap Inc	11.9%	7.1%	170,293	-0.5%	$3.0M
CSWCCapital Southwest Corp	7.5%	4.9%	80,072	+2.2%	$1.9M
VICIVICI Properties Inc	5.6%	3.8%	53,471	+9.4%	$1.4M
02081GAD4Alphatec Hldgs Inc	5.4%	2.0%	1,453,000	+107.6%	$1.4M
MAINMainStreet Capital Corp	4.5%	2.8%	21,907	+16.0%	$1.1M
SMSm Energy Company	3.8%	3.3%	37,399	-0.1%	$976K
HTGCHercules Capital Inc	3.7%	1.7%	59,466	+44.8%	$938K
140501AE7Capital Southwest Corp	3.6%	32.8%	883,000	-92.3%	$918K
OWLBlue Owl Capital Inc Com Cl A	3.5%	2.2%	102,489	+17.7%	$897K
CGCarlyle Group Inc	3.1%	2.6%	18,627	-1.1%	$784K
97717PAH7Wisdomtree Inc	2.9%	2.1%	496,000	-9.5%	$747K
IIPRInnovative Indl Pptys Inc	2.4%	0.7%	10,000	+104.5%	$620K
RITMRithm Capital Corp	2.4%	1.8%	65,630	-0.5%	$616K
SPYSpdr S&p 500 ETF Tr	2.4%	1.5%	806	-1.7%	$602K
ARCCAres Capital Corp.	1.8%	0.6%	25,003	+127.3%	$463K
VWOVanguard Intl Equity Index F	1.8%	1.2%	7,688	+0.0%	$459K
EFAiShs MSCI EAFE	1.7%	1.2%	4,282	+0.4%	$445K
FFord Mtr Co	1.7%	—	31,278	—	$435K
55087PAD6Lyft Inc	1.6%	0.6%	390,000	+95.0%	$408K
WETFWisdomtree Inc	1.5%	0.8%	21,888	+15.8%	$371K
ADXAdams Diversified Equity Fd	1.3%	0.8%	13,282	+1.0%	$339K
RWAYRunway Growth Finance Corp	1.2%	—	56,770	—	$318K
EZPWEzcorp	1.2%	0.7%	9,142	+0.0%	$316K
CSQCalamos Strategic Total Retu	1.2%	0.7%	15,250	+3.1%	$314K
NXDTNexpoint Diversified Rel Et	1.2%	0.8%	59,797	+2.3%	$310K
NIEVirtus Equity & Conv Incm Fd	1.2%	0.7%	10,998	+1.9%	$295K
GDVGabelli Divid & Income Tr	1.1%	0.7%	9,399	+3.5%	$276K
EVTEaton Vance Tax Advt Div Inc	1.0%	0.6%	9,347	+3.9%	$259K
QQQInvesco Qqq Tr	1.0%	0.6%	349	+0.0%	$257K
AWFAlliancebernstein Global Hig	1.0%	0.7%	24,789	+1.1%	$255K
HYTBlackrock Corpor Hi Yld Fd I	0.9%	0.6%	27,372	+2.7%	$234K
DKSDicks Sporting Goods Inc Com	0.9%	1.1%	1,027	-49.5%	$233K
HTDHancock John Tax-Advantaged	0.9%	0.6%	9,128	+4.4%	$233K
CGBDCarlyle Secured Lending Inc	0.9%	0.7%	21,946	-0.9%	$231K
BTZBlackrock Cr Allocation	0.9%	0.6%	22,212	+0.5%	$227K
APOApollo Global Mgmt Inc Nclass	0.9%	0.6%	1,898	+0.1%	$225K
OBDCBlue Owl Capital Corporation	0.9%	0.3%	20,049	+90.9%	$218K
BXSLBlackstone Secd Lending Fd	0.8%	—	8,662	—	$205K
PSBDPalmer Square Capital Bdc in	0.8%	—	19,447	—	$203K
SLRCSlr Investment Corp	0.8%	—	15,714	—	$194K
RQICohen & Steers Quality Incom	0.7%	0.5%	15,422	+3.1%	$190K
CCAPCrescent Cap Bdc Inc	0.7%	0.5%	15,527	+3.5%	$170K
BITBlackrock Multi Sector Inc T	0.7%	0.5%	13,249	+2.6%	$166K
TEITempleton Emerging Mkts Inco	0.6%	0.4%	22,054	+5.0%	$149K
NADNuveen Quality Muncp Income	0.6%	0.4%	11,715	+0.0%	$142K
AFBAlliancebernstein Natl Mun I	0.5%	0.4%	12,204	+0.0%	$139K
NEANuveen Amt Free Qlty Mun Inc	0.5%	0.4%	11,798	+0.0%	$139K
EIMEaton Vance Mun Bd Fd	0.5%	0.4%	13,213	+0.0%	$132K
GROWU S Global Invs Inc	0.5%	—	40,191	—	$125K
SLQTSelectquote Inc	0.4%	—	116,656	—	$98K

What Smh Capital Advisors Inc bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

ARCC Ares Capital Corp.+127.3% shares
Alphatec Hldgs Inc+107.6% shares
IIPR Innovative Indl Pptys Inc+104.5% shares
Lyft Inc+95.0% shares
OBDC Blue Owl Capital Corporation+90.9% shares
HTGC Hercules Capital Inc+44.8% shares
OWL Blue Owl Capital Inc Com Cl A+17.7% shares
MAIN MainStreet Capital Corp+16.0% shares

Reduced

Capital Southwest Corp-92.3% shares
DKS Dicks Sporting Goods Inc Com-49.5% shares
Wisdomtree Inc-9.5% shares

Left the top 50

Riot Platforms Incwas 3.6%
PSEC Prospect Cap Corpwas 3.1%
Mara Holdings Incwas 1.3%
HASI Ha Sustainable Infra Cap Incwas 0.9%
AMT American Tower Corpwas 0.6%
HPK Highpeak Energy Incwas 0.6%
Blackline Incwas 0.5%

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: —
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$25.5M	54
Q1 2026	$35.4M	56
Q4 2025	$49.1M	55
Q3 2025	$49.0M	51
Q2 2025	$44.1M	46
Q1 2025	$43.0M	45
Q4 2024	$41.4M	45
Q3 2024	$16.2M	43
Q2 2024	$32.7M	49
Q1 2024	$15.5M	43
Q4 2023	$14.0M	40
Q3 2023	$12.0M	38

Questions about Smh Capital Advisors Inc's portfolio

What stocks does Smh Capital Advisors Inc own?

Smh Capital Advisors Inc's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 54 positions worth $25.5M. The largest are Trinity Cap Inc (TRIN) at 11.9%, Capital Southwest Corp (CSWC) at 7.5%, VICI Properties Inc (VICI) at 5.6%, Alphatec Hldgs Inc at 5.4% and MainStreet Capital Corp (MAIN) at 4.5%.

What did Smh Capital Advisors Inc buy last quarter?

In Q2 2026, Smh Capital Advisors Inc added Ares Capital Corp. (ARCC) (+127.3% shares), Alphatec Hldgs Inc (+107.6% shares) and Innovative Indl Pptys Inc (IIPR) (+104.5% shares), compared with its Q1 2026 filing.

What did Smh Capital Advisors Inc sell last quarter?

In Q2 2026, Smh Capital Advisors Inc cut from its top 50 Riot Platforms Inc, cut from its top 50 Prospect Cap Corp (PSEC), cut from its top 50 Mara Holdings Inc, cut from its top 50 Ha Sustainable Infra Cap Inc (HASI), cut from its top 50 American Tower Corp (AMT), Capital Southwest Corp (-92.3% shares), Dicks Sporting Goods Inc Com (DKS) (-49.5% shares) and Wisdomtree Inc (-9.5% shares), compared with its Q1 2026 filing.

When is Smh Capital Advisors Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. Smh Capital Advisors Inc's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Smh Capital Advisors Inc manage?

Smh Capital Advisors Inc reported $503.1M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $25.5M.