Total reported value
$83.0M
Reporting period: 2026-03-31 · Number of holdings: 40
North Ground Capital disclosed 40 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $83.0M and a quarterly turnover rate of 95.9%.
Browse other institutions with under $100M AUMBrowse other institutions starting with "N"
Trim OXLC
-97.6% -$14.9M
Trim FSK
-97.2% -$13.0M
Add GBDC
+46.9% $1.6M
Trim CION
-93.1% -$10.0M
Add MSIF
-10.5% -$1.1M
Add FSCO
+1820.7% $2.5M
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | BRSP | Brightspire Capital INC | Stock-Other | 10.79% | +2.30% | -47.62% | |
| 2 | RWAY | Runway Growth Finance CORP | Stock-Other | 7.96% | +1.00% | -38.73% | |
| 3 | GBDC | Golub Capital Bdc INC | Stock-Financials | 7.30% | +5.10% | +46.85% | |
| 4 | MSIF | Msc Income Fund INC | Stock-Other | 6.59% | +3.32% | -10.52% | |
| 5 | ACRE | Ares Commercial Real Estate | Stock-Other | 6.48% | +2.80% | -27.83% | |
| 6 | CGBD | Carlyle Secured Lending INC | Stock-Other | 5.11% | -0.55% | -57.52% | |
| 7 | BCSF | Bain Capital Specialty Finan | Stock-Other | 4.99% | +0.66% | -46.69% | |
| 8 | CCAP | Crescent Capital Bdc INC | Stock-Other | 4.96% | -0.87% | -59.43% | |
| 9 | MRP | Millrose Properties | Stock-Real Estate | 4.38% | +2.49% | +2.21% | |
| 10 | NRK | Nuveen Ny Amt-fr Muni INC | Stock-Other | 4.36% | +1.35% | -41.05% | |
| 11 | FSSL | Fs Specialty Lending Fund | Stock-Other | 3.77% | +2.82% | +84.74% | |
| 12 | TCPC | Blackrock Tcp Capital CORP | Stock-Other | 3.70% | +1.56% | +7.88% | |
| 13 | GLO | Clough Global Opportunities | Stock-Other | 3.55% | +0.42% | -52.41% | |
| 14 | FSCO | Fs Credit Opportunities CORP | Stock-Other | 3.23% | +3.14% | +1820.68% | |
| 15 | GLAD | Gladstone Capital CORP | Stock-Other | 2.99% | +2.99% | NEW | |
| 16 | OTF | Blue Owl Technology Finance | Stock-Other | 2.82% | +0.86% | -30.54% | |
| 17 | MXF | Mexico Fund INC | Stock-Other | 1.80% | +0.54% | -43.50% | |
| 18 | NVG | Nuveen Amt-fr Muni Crdt | Stock-Other | 1.68% | -0.24% | -62.83% | |
| 19 | ECAT | Blackrock Esg Cap All Trm Tr | Stock-Other | 1.64% | -0.07% | -55.30% | |
| 20 | IQI | Invesco Quality Muni INC Tr | Stock-Other | 1.51% | +0.33% | -45.29% | |
| 21 | AOMR | Angel Oak Mortgage Reit INC | Stock-Other | 1.35% | +0.28% | -45.35% | |
| 22 | XNQPX | Nuveen Pa Qlty Muni INC | Stock-Other | 1.22% | +0.32% | -44.24% | |
| 23 | XNXJX | Nuveen Nj Qlty Muni INC | Stock-Other | 0.93% | +0.22% | -44.48% | |
| 24 | BXSL | Blackstone Secured Lending F | Stock-Financials | 0.77% | +0.77% | NEW | |
| 25 | BRW | Saba Capital Income & Opport | Stock-Other | 0.77% | +0.20% | -42.11% | |
| 26 | VPV | Invesco Pa Val Muni INC | Stock-Other | 0.63% | +0.14% | -46.75% | |
| 27 | CION | Cion Investment CORP | Stock-Other | 0.62% | -4.60% | -93.10% | |
| 28 | ACP | Abrdn Income Credit Strat | Stock-Other | 0.61% | -0.27% | -69.62% | |
| 29 | DMA | Destra Multi-alternative | Stock-Other | 0.54% | +0.20% | -28.78% | |
| 30 | ARCC | Ares Capital CORP | Stock-Financials | 0.39% | +0.39% | NEW | |
| 31 | SWZ | Total Return Securities Fund | Stock-Other | 0.34% | -1.70% | -92.80% | |
| 32 | GLV | Clough Global Dividend & INC | Stock-Other | 0.34% | -0.38% | -80.61% | |
| 33 | XGLQX | Clough Global Equity Fund | Stock-Other | 0.32% | +0.05% | -50.63% | |
| 34 | ARI | Apollo Commercial Real Estat | Stock-Other | 0.32% | +0.03% | -58.33% | |
| 35 | FSK | Fs Kkr Capital CORP | Stock-Financials | 0.31% | -6.28% | -97.21% | |
| 36 | OXLC | Oxford Lane Capital CORP | Stock-Other | 0.29% | -7.22% | -97.58% | |
| 37 | NMFC | New Mountain Finance CORP | Stock-Other | 0.23% | +0.23% | NEW | |
| 38 | FMN | Federated Herm Prem Muni INC | Stock-Other | 0.22% | +0.01% | -55.72% | |
| 39 | HFRO | Highland Opport & Income | Stock-Other | 0.15% | -0.42% | -88.54% | |
| 40 | ICMB | Investcorp Credit Management | Stock-Other | 0.05% | -0.02% | -53.25% |
Performance for Q3 2026
-7.9%
Performance Last 4 Quarters
-4.8%
Based on 60% of reported portfolio value with available pricing
North Ground Capital's most significant position changes for 2026-03-31: Sold out: Midcap Financial Investment (MFIC); Sold out: Xai Octagn Flt Rat & Alt Inm; Sold out: Nuveen Municipal Credit INC (NZF); New buy: Gladstone Capital CORP (GLAD); Sold out: Eagle Point Credit Co (ECC).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | GBDC | Golub Capital Bdc INC | +5.1% | +46.85% | Add |
| 2 | MSIF | Msc Income Fund INC | +3.3% | -10.52% | Trim |
| 3 | FSCO | Fs Credit Opportunities CORP | +3.1% | +1820.68% | Add |
| 4 | FSSL | Fs Specialty Lending Fund | +2.8% | +84.74% | Add |
| 5 | ACRE | Ares Commercial Real Estate | +2.8% | -27.83% | Trim |
| 6 | MRP | Millrose Properties | +2.5% | +2.21% | Add |
| 7 | BRSP | Brightspire Capital INC | +2.3% | -47.62% | Trim |
| 8 | TCPC | Blackrock Tcp Capital CORP | +1.6% | +7.88% | Add |
| 9 | NRK | Nuveen Ny Amt-fr Muni INC | +1.4% | -41.05% | Trim |
| 10 | RWAY | Runway Growth Finance CORP | +1% | -38.73% | Trim |
| 11 | OTF | Blue Owl Technology Finance | +0.9% | -30.54% | Trim |
| 12 | BCSF | Bain Capital Specialty Finan | +0.7% | -46.69% | Trim |
| 13 | MXF | Mexico Fund INC | +0.5% | -43.50% | Trim |
| 14 | GLO | Clough Global Opportunities | +0.4% | -52.41% | Trim |
| 15 | IQI | Invesco Quality Muni INC Tr | +0.3% | -45.29% | Trim |
| 16 | XNQPX | Nuveen Pa Qlty Muni INC | +0.3% | -44.24% | Trim |
| 17 | AOMR | Angel Oak Mortgage Reit INC | +0.3% | -45.35% | Trim |
| 18 | XNXJX | Nuveen Nj Qlty Muni INC | +0.2% | -44.48% | Trim |
| 19 | BRW | Saba Capital Income & Opport | +0.2% | -42.11% | Trim |
| 20 | DMA | Destra Multi-alternative | +0.2% | -28.78% | Trim |
| 21 | VPV | Invesco Pa Val Muni INC | +0.1% | -46.75% | Trim |
| 22 | XGLQX | Clough Global Equity Fund | +0.1% | -50.63% | Trim |
| 23 | ARI | Apollo Commercial Real Estat | 0% | -58.33% | Trim |
| 24 | FMN | Federated Herm Prem Muni INC | 0% | -55.72% | Trim |
| 25 | ICMB | Investcorp Credit Management | 0% | -53.25% | Trim |
| 26 | ECAT | Blackrock Esg Cap All Trm Tr | -0.1% | -55.30% | Trim |
| 27 | NVG | Nuveen Amt-fr Muni Crdt | -0.2% | -62.83% | Trim |
| 28 | ACP | Abrdn Income Credit Strat | -0.3% | -69.62% | Trim |
| 29 | GLV | Clough Global Dividend & INC | -0.4% | -80.61% | Trim |
| 30 | HFRO | Highland Opport & Income | -0.4% | -88.54% | Trim |
| 31 | CGBD | Carlyle Secured Lending INC | -0.6% | -57.52% | Trim |
| 32 | CCAP | Crescent Capital Bdc INC | -0.9% | -59.43% | Trim |
| 33 | SWZ | Total Return Securities Fund | -1.7% | -92.80% | Trim |
| 34 | CION | Cion Investment CORP | -4.6% | -93.10% | Trim |
| 35 | FSK | Fs Kkr Capital CORP | -6.3% | -97.21% | Trim |
| 36 | OXLC | Oxford Lane Capital CORP | -7.2% | -97.58% | Trim |
| 37 | MFIC | Midcap Financial Investment | — | EXIT | Sold out |
| 38 | ✓ | Xai Octagn Flt Rat & Alt Inm | — | EXIT | Sold out |
| 39 | NZF | Nuveen Municipal Credit INC | — | EXIT | Sold out |
| 40 | GLAD | Gladstone Capital CORP | — | NEW | New buy |
| 41 | ECC | Eagle Point Credit Co | — | EXIT | Sold out |
| 42 | ZTR | Virtus Total Return Fund INC | — | EXIT | Sold out |
| 43 | AEF | Abrdn Emerging Markets Ex Ch | — | EXIT | Sold out |
| 44 | XNEAX | Nuveen Amt-fr Qlty Muni INC | — | EXIT | Sold out |
| 45 | VKI | Invesco Adv Muni INC Tr Ii | — | EXIT | Sold out |
| 46 | BXSL | Blackstone Secured Lending F | — | NEW | New buy |
| 47 | ARCC | Ares Capital CORP | — | NEW | New buy |
| 48 | NMFC | New Mountain Finance CORP | — | NEW | New buy |
| 49 | XWIAX | Western Asset Infl-link Sec | — | EXIT | Sold out |
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