# Altium Capital Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1746382. Source: https://holderbook.com/funds/1746382-altium-capital-management-llc/

- Reported value: $47.5M
- Positions: 19
- Weight of the ten largest: 69.3%
- Filed: 2026-08-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ROYCE MICRO-CAP TR INC | [RMT](https://holderbook.com/stocks/RMT/) | $4.1M | 278,051 | 8.6% | 3 |
| ASA GOLD AND PRECIOUS MTLS L | [ASA](https://holderbook.com/stocks/ASA/) | $3.7M | 70,390 | 7.7% | 3 |
| ROYCE SMALL CAP TRUST INC | [RVT](https://holderbook.com/stocks/RVT/) | $3.6M | 192,509 | 7.5% | 3 |
| NEUBERGER NEXT GENERATION | [NBXG](https://holderbook.com/stocks/NBXG/) | $3.4M | 204,562 | 7.1% | 3 |
| PIMCO DYNAMIC INCOME STRATEG | [PDX](https://holderbook.com/stocks/PDX/) | $3.3M | 157,700 | 6.9% | 3 |
| GENERAL AMERN INVS CO INC | [GAM](https://holderbook.com/stocks/GAM/) | $3.1M | 48,755 | 6.5% | 3 |
| PIMCO CALIF MUN INCOME FD | [PCQ](https://holderbook.com/stocks/PCQ/) | $3.0M | 333,093 | 6.3% | 3 |
| TRI CONTL CORP | [TY](https://holderbook.com/stocks/TY/) | $3.0M | 86,458 | 6.3% | 3 |
| NUVEEN S&P 500 DYNAMIC OVERW | [SPXX](https://holderbook.com/stocks/SPXX/) | $2.9M | 157,395 | 6.2% | 2 |
| CALAMOS GBL DYN INCOME FUND | [CHW](https://holderbook.com/stocks/CHW/) | $2.9M | 328,901 | 6.2% | 3 |
| BNY MELLON STRATEGIC MUNS IN | [LEO](https://holderbook.com/stocks/LEO/) | $2.8M | 438,676 | 6.0% | 3 |
| MEXICO FD INC | [MXF](https://holderbook.com/stocks/MXF/) | $2.8M | 128,185 | 5.9% | 3 |
| HIGHLAND OPPS & INCOME FD | [HFRO](https://holderbook.com/stocks/HFRO/) | $2.3M | 317,055 | 4.8% | 3 |
| ALLIANCEBERNSTEIN NATL MUN I | [AFB](https://holderbook.com/stocks/AFB/) | $2.0M | 175,187 | 4.2% | 3 |
| MORGAN STANLEY INDIA INVT FD | [IIF](https://holderbook.com/stocks/IIF/) | $1.8M | 79,031 | 3.8% | 3 |
| JAPAN SMALLER CAPITALIZATION | [JOF](https://holderbook.com/stocks/JOF/) | $1.8M | 150,412 | 3.7% | 3 |
| DESTRA MULTI-ALTERNATIVE FD | [DMA](https://holderbook.com/stocks/DMA/) | $409.3K | 54,723 | 0.9% | 3 |
| NEW GERMANY FD INC | [GF](https://holderbook.com/stocks/GF/) | $379.3K | 33,098 | 0.8% | 2 |
| ENDRA LIFE SCIENCES INC | [NDRA](https://holderbook.com/stocks/NDRA/) | $315.9K | 59,272 | 0.7% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.2% | +14.8% | -5.7% | 100% |
| Q1 2026 | +1.0% | -4.6% | +5.6% | 96% |
| Q2 2025 | +95.4% | +10.5% | +85.0% | 98% |
| Q1 2025 | -13.6% | -4.6% | -9.0% | 94% |
| Q4 2024 | -6.8% | +2.1% | -8.9% | 99% |
| Q3 2024 | +12.3% | +5.4% | +6.9% | 92% |
| Q2 2024 | -7.9% | +4.0% | -12.0% | 98% |
| Q1 2024 | +18.9% | +10.0% | +8.8% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $47.5M | 19 |
| Q1 2026 | $42.0M | 19 |
| Q4 2025 | $25.3M | 18 |
| Q3 2025 | $628.3M | 1 |
| Q1 2025 | $41.5M | 23 |
| Q4 2024 | $352.6M | 63 |
| Q3 2024 | $339.7M | 77 |
| Q2 2024 | $245.1M | 66 |
| Q1 2024 | $252.7M | 71 |
| Q4 2023 | $147.3M | 65 |
| Q3 2023 | $191.7M | 71 |
| Q2 2023 | $132.1M | 67 |