Q3 2026 13F · SEC CIK 1180391

Smh Capital Advisors Inc

Institutional asset managerFiled 2026-10-29 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $26.4M
Reported positions: 56
Holdings vs S&P 500, 3 yrs: —
Assets under management: $503.1M

Smh Capital Advisors Inc is an institutional asset manager that reported 56 positions worth $26.4M in its Q3 2026 13F, filed 2026-10-29. Its largest holdings were Trinity Cap Inc (TRIN, 11.4%), Capital Southwest Corporation (CSWC, 7.1%), Alphatec Hldgs Inc (5.6%).

Smh Capital Advisors Inc holdings largest 50 of 56 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 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	Q2 2026	Shares	Share change	Reported value
TRINTrinity Cap Inc	11.4%	11.9%	171,820	+0.9%	$3.0M
CSWCCapital Southwest Corporation	7.1%	7.5%	80,526	+0.6%	$1.9M
02081GAD4Alphatec Hldgs Inc	5.6%	5.4%	1,485,000	+2.2%	$1.5M
VICIVici Pptys Inc	5.1%	5.6%	58,696	+9.8%	$1.3M
SMSm Energy Company	4.8%	3.8%	37,400	+0.0%	$1.3M
MAINMain Str Cap Corp	4.6%	4.5%	22,095	+0.9%	$1.2M
HTGCHercules Capital Inc	3.8%	3.7%	59,906	+0.7%	$1.0M
140501AE7Capital Southwest Corp	3.7%	3.6%	936,000	+6.0%	$967K
OWLBlue Owl Capital Inc	3.6%	3.5%	103,249	+0.7%	$939K
55087PAF1Lyft Inc	3.1%	—	850,000	—	$813K
CGCarlyle Group Inc	2.8%	3.1%	18,795	+0.9%	$745K
SPYState Str Spdr S&p 500 ETF T	2.3%	2.4%	807	+0.1%	$615K
RITMRithm Capital Corp	2.2%	2.4%	66,158	+0.8%	$591K
NSLRNeostellar Cap Corp	2.1%	—	72,245	—	$556K
DRAMRoundhill ETF Trust	2.1%	—	9,106	—	$550K
ARCCAres Capital Corp	1.8%	1.8%	25,355	+1.4%	$484K
VWOVanguard Intl Equity Index F	1.7%	1.8%	7,692	+0.1%	$456K
EFAIshares Tr	1.7%	1.7%	4,282	+0.0%	$445K
IIPRInnovative Indl Pptys Inc	1.6%	2.4%	8,000	-20.0%	$421K
RWAYRunway Growth Finance Corp	1.4%	1.2%	57,636	+1.5%	$382K
FFord Mtr Co	1.4%	1.7%	31,177	-0.3%	$376K
34379VAB9Fluence Energy Inc	1.4%	—	500,000	—	$374K
ADXAdams Diversified Equity Fd	1.3%	1.3%	13,674	+3.0%	$351K
CSQCalamos Strategic Total Retu	1.2%	1.2%	15,628	+2.5%	$319K
NIEVirtus Equity & Conv Incm Fd	1.2%	1.2%	12,564	+14.2%	$314K
NXDTNexpoint Diversified Rel Et	1.2%	1.2%	59,944	+0.2%	$312K
GDVGabelli Divid & Income Tr Com	1.0%	1.1%	9,662	+2.8%	$273K
EZPWEzcorp Inc	1.0%	1.2%	9,142	+0.0%	$272K
EVTEaton Vance Tax Advt Div Inc	1.0%	1.0%	9,603	+2.7%	$268K
QQQInvesco Qqq Tr	1.0%	1.0%	349	+0.0%	$258K
AWFAlliancebernstein Global Hig	0.9%	1.0%	25,524	+3.0%	$248K
CGBDCarlyle Secured Lending Inc	0.9%	0.9%	22,243	+1.4%	$238K
APOApollo Global Management Inc	0.8%	0.9%	1,917	+1.0%	$222K
HYTBlackrock Corpor Hi Yld Fd I	0.8%	0.9%	28,314	+3.4%	$222K
OBDCBlue Owl Capital Corp.	0.8%	0.9%	20,049	+0.0%	$210K
HTDHancock John Tax-Advantaged	0.8%	0.9%	9,406	+3.0%	$209K
BTZBlackrock Cr Allocation	0.8%	0.9%	22,327	+0.5%	$208K
BXSLBlackstone Secd Lending Fd	0.8%	0.8%	8,662	+0.0%	$208K
55087PAD6Lyft Inc	0.7%	1.6%	190,000	-51.3%	$196K
PSBDPalmer Square Capital Bdc in	0.7%	0.8%	19,447	+0.0%	$192K
SLRCSlr Investment Corp	0.7%	0.8%	16,086	+2.4%	$186K
NMFCNew Mtn Fin Corp Com	0.7%	—	25,169	—	$174K
RQICohen & Steers Quality Incom	0.7%	0.7%	15,851	+2.8%	$173K
BITBlackrock Multi Sector Inc T	0.6%	0.7%	13,889	+4.8%	$156K
CCAPCrescent Cap Bdc Inc	0.5%	0.7%	15,527	+0.0%	$143K
TEITempleton Emerging Mkts Inco	0.5%	0.6%	22,799	+3.4%	$140K
EIMEaton Vance Mun Bd Fd	0.5%	0.5%	13,213	+0.0%	$120K
NADNuveen Quality Muncp Income	0.4%	0.6%	11,715	+0.0%	$119K
NEANuveen Amt Free Qlty Mun Inc	0.4%	0.5%	11,798	+0.0%	$117K
AFBAlliancebernstein Natl Mun I	0.4%	0.5%	12,204	+0.0%	$116K

What Smh Capital Advisors Inc bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

NIE Virtus Equity & Conv Incm Fd+14.2% shares
VICI Vici Pptys Inc+9.8% shares
Capital Southwest Corp+6.0% shares

Reduced

Lyft Inc-51.3% shares
IIPR Innovative Indl Pptys Inc-20.0% shares

Left the top 50

Share counts compared with the Q2 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, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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
Q3 2026	$26.4M	56
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

Questions about Smh Capital Advisors Inc's portfolio

What stocks does Smh Capital Advisors Inc own?

Smh Capital Advisors Inc's latest 13F, for Q3 2026 and filed Oct 29, 2026, lists 56 positions worth $26.4M. The largest are Trinity Cap Inc (TRIN) at 11.4%, Capital Southwest Corporation (CSWC) at 7.1%, Alphatec Hldgs Inc at 5.6%, Vici Pptys Inc (VICI) at 5.1% and Sm Energy Company (SM) at 4.8%.

What did Smh Capital Advisors Inc buy last quarter?

In Q3 2026, Smh Capital Advisors Inc added Virtus Equity & Conv Incm Fd (NIE) (+14.2% shares), Vici Pptys Inc (VICI) (+9.8% shares) and Capital Southwest Corp (+6.0% shares), compared with its Q2 2026 filing.

What did Smh Capital Advisors Inc sell last quarter?

In Q3 2026, Smh Capital Advisors Inc cut from its top 50 Wisdomtree Inc, cut from its top 50 Wisdomtree Inc (WETF), cut from its top 50 Dicks Sporting Goods Inc (DKS), cut from its top 50 U S Global Invs Inc (GROW), cut from its top 50 Selectquote Inc (SLQT), Lyft Inc (-51.3% shares) and Innovative Indl Pptys Inc (IIPR) (-20.0% shares), compared with its Q2 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 Dec 31, 2026 is due by Feb 14, 2027; 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 $26.4M.