# EDGAR Filing Document

**Accession Number:** 0001613158
**File Stem:** 0000894189-25-013541
**Filing Date:** 2025-11
**Character Count:** 7256
**Document Hash:** b20409f3141c4415cc9dbfbd394f3519
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-013541.hdr.sgml**: 20251113

**ACCESSION NUMBER**: 0000894189-25-013541

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251113

**DATE AS OF CHANGE**: 20251113

**EFFECTIVENESS DATE**: 20251113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Angel Oak Capital Advisors, LLC
- **CENTRAL INDEX KEY:** 0001613158

**ORGANIZATION NAME:**
- **EIN:** 270718181
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24699
- **FILM NUMBER:** 251478107

**BUSINESS ADDRESS:**
- **STREET 1:** ONE BUCKHEAD PLAZA
- **STREET 2:** 3344 PEACHTREE ROAD NE, SUITE 1725
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30326
- **BUSINESS PHONE:** 404-953-4900

**MAIL ADDRESS:**
- **STREET 1:** ONE BUCKHEAD PLAZA
- **STREET 2:** 3344 PEACHTREE ROAD NE, SUITE 1725
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30326

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Angel Oak Capital Advisors LLC<br>**Address:** One Buckhead Plaza<br>3344 Peachtree Road NE Suite 1725<br>Atlanta, GA 30326

**Form 13F File Number:** 028-24699

**CRD Number (if applicable):** 000151090

**SEC File Number (if applicable):** 801-70670

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Chase Eldredge<br>**Title:** Chief Compliance Officer<br>**Phone:** 404-751-2991

**Signature, Place, and Date of Signing:**

/s/ Chase Eldredge  Atlanta, GA  11-13-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[ ] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[x] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 33

**Form 13F Information Table Value Total:** $127328057

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

|   No. | Name                | Form 13F File Number   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | Empowered Funds LLC | 028-17729              |  |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 70112124 | 1855800 | SH |  | SOLE |  | 1855800 | 0 | 0 |
| ANGEL OAK FUNDS TRUST | MORTGAGE BACKED | 03463K737 |  | 15700829 | 1799522 | SH |  | SOLE |  | 1799522 | 0 | 0 |
| ANGEL OAK FUNDS TRUST | HIGH YIELD OPPOR | 03463K745 |  | 15353699 | 1370866 | SH |  | SOLE |  | 1370866 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 2017625 | 99833 | SH |  | SOLE |  | 99833 | 0 | 0 |
| UMB FINL CORP | COM | 902788108 |  | 1609560 | 13600 | SH |  | SOLE |  | 13600 | 0 | 0 |
| KINGSTONE COS INC | COM | 496719105 |  | 1591260 | 108249 | SH |  | SOLE |  | 108249 | 0 | 0 |
| ELLINGTON FINANCIAL INC | COM | 28852N109 |  | 1547865 | 119250 | SH |  | SOLE |  | 119250 | 0 | 0 |
| REDWOOD TRUST INC | COM | 758075402 |  | 1530048 | 264257 | SH |  | SOLE |  | 264257 | 0 | 0 |
| FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 |  | 1440274 | 805 | SH |  | SOLE |  | 805 | 0 | 0 |
| GREENE CNTY BANCORP INC | COM | 394357107 |  | 1299500 | 57500 | SH |  | SOLE |  | 57500 | 0 | 0 |
| PLUMAS BANCORP | COM | 729273102 |  | 1207920 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| PENNYMAC MTG INVT TR | COM | 70931T103 |  | 1154671 | 94182 | SH |  | SOLE |  | 94182 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1116500 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| FIRST UTD CORP | COM | 33741H107 |  | 1018529 | 27700 | SH |  | SOLE |  | 27700 | 0 | 0 |
| BANK7 CORP | COM | 06652N107 |  | 1017940 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 922265 | 13900 | SH |  | SOLE |  | 13900 | 0 | 0 |
| EAGLE BANCORP INC MD | COM | 268948106 |  | 901812 | 44600 | SH |  | SOLE |  | 44600 | 0 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 900900 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 |  | 867200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 798375 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 |  | 790480 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| FS BANCORP INC | COM | 30263Y104 |  | 718560 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| SOUTHSTATE BK CORP | COM | 84472E102 |  | 514124 | 5200 | SH |  | SOLE |  | 5200 | 0 | 0 |
| PINNACLE FINL PARTNERS INC | COM | 72346Q104 |  | 468950 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| PREFERRED BK LOS ANGELES CA | COM NEW | 740367404 |  | 451950 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| FLUSHING FINL CORP | COM | 343873105 |  | 414300 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| ARROW FINL CORP | COM | 042744102 |  | 311300 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| AGNC INVT CORP | COM | 00123Q104 |  | 298595 | 30500 | SH |  | SOLE |  | 30500 | 0 | 0 |
| AMERISERV FINL INC | COM | 03074A102 |  | 290000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| FLAGSTAR FINANCIAL INC | COM NEW | 649445400 |  | 288750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 284750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| PATRIOT NATL BANCORP INC | COM NEW | 70336F203 |  | 194702 | 149771 | SH |  | SOLE |  | 149771 | 0 | 0 |
| AMERANT BANCORP INC | CL A | 023576101 |  | 192700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |

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