North Ground Capital

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
57
Quarter
2025 Q4
Top Holding
BRSP (8.5%)
Top 10 Concentration
58.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 57
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
BRSP
BRIGHTSPIRE CAP...
Real Estate 8.49% 8.40% #1
Prev: #1
5.5 534,552 21.2%
P
S
3,054,552 $17,105,491 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
OXLC
OXFORD LANE CAP...
Financial Services 7.51% 4.15% #2 4
Prev: #6
5.3 610,363 144.6%
P
S
1,032,585 $15,117,044 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
RWAY
RUNWAY GROWTH F...
Financial Services 6.96% 4.83% #3 1
Prev: #4
5.1 794,050 102.5%
P
S
1,569,050 $14,011,617 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FSK
FS KKR CAP CORP
Financial Services 6.59% 5.63% #4 1
Prev: #3
4.8 280,746 45.6%
P
S
895,746 $13,265,998 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CCAP
CRESCENT CAP BD...
Financial Services 5.83% 3.66% #5 4
Prev: #9
4.6 417,312 99.8%
P
S
835,312 $11,736,134 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CGBD
CARLYLE SECURED...
Financial Services 5.66% 3.65% #6 4
Prev: #10
4.5 436,086 91.6%
P
S
912,220 $11,393,628 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
CION
CION INVT CORP
Financial Services 5.22% 5.83% #7 5
Prev: #2
4.1 84,214 8.4%
P
S
1,086,992 $10,511,213 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BCSF
BAIN CAP SPECIA...
Financial Services 4.33% 1.53% #8 15
Prev: #23
4.0 451,514 258.0%
P
S
626,514 $8,714,810 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MFIC
MIDCAP FINANCIA...
Financial Services 3.70% 1.84% #9 13
Prev: #22
3.8 401,326 160.5%
P
S
651,326 $7,451,169 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ACRE
ARES COML REAL ...
Real Estate 3.68% 3.20% #10 3
Prev: #13
3.6 393,943 34.0%
P
S
1,551,806 $7,417,633 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
XFLT
XAI OCTAGN FLT ...
Financial Services 3.53% #11
Prev: #—
3.4 1,482,418 no change
NEW
1,482,418 $7,115,606 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSIF
MSC INCOME FUND...
Financial Services 3.27% 2.58% #12 5
Prev: #17
3.5 181,898 56.9%
P
S
501,678 $6,592,049 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GLO
CLOUGH GLOBAL O...
Bond/Debt 3.13% 3.31% #13 1
Prev: #12
3.3 165,274 17.4%
P
S
1,112,636 $6,297,520 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NRK
NUVEEN NEW YORK...
Financial Services 3.01% 3.37% #14 3
Prev: #11
3.2 62,562 11.6%
P
S
601,212 $6,066,229 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GBDC
GOLUB CAP BDC I...
Financial Services 2.20% 0.42% #15 29
Prev: #44
3.2 276,106 552.2%
P
S
326,106 $4,425,258 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TCPC
BLACKROCK TCP C...
Financial Services 2.14% 1.90% #16 5
Prev: #21
3.0 287,946 57.6%
P
S
787,946 $4,310,065 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SWZ
TOTAL RETURN SE...
Unknown 2.04% 0.72% #17 17
Prev: #34
3.1 467,622 241.6%
P
S
661,145 $4,112,322 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
OTF
BLUE OWL TECHNO...
Financial Services 1.96% 3.18% #18 4
Prev: #14
0.9 -103,355 -27.6%
P
S
271,645 $3,949,718 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
NVG
NUVEEN AMT FREE...
Financial Services 1.92% 2.06% #19
Prev: #19
2.8 31,464 11.5%
P
S
305,064 $3,862,110 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MRP
MILLROSE PPTYS ...
Real Estate 1.89% #20
Prev: #—
2.8 127,189 no change
NEW
127,189 $3,799,135 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ECAT
BLACKROCK ESG C...
Bond/Debt 1.71% 2.87% #21 5
Prev: #16
0.7 -61,286 -21.5%
P
S
223,714 $3,440,721 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NZF
NUVEEN MUNICIPA...
Bond/Debt 1.40% 1.98% #22 2
Prev: #20
0.6 -32,964 -12.9%
P
S
223,536 $2,812,083 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MXF
MEXICO FD INC
Financial Services 1.26% 0.37% #23 22
Prev: #45
2.8 95,443 309.2%
P
S
126,312 $2,543,924 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IQI
INVESCO QUALITY...
Financial Services 1.18% 1.29% #24 2
Prev: #26
2.5 24,617 11.5%
P
S
238,367 $2,374,135 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ECC
EAGLE POINT CRE...
Financial Services 1.12% 3.05% #25 10
Prev: #15
0.6 -242,865 -38.3%
P
S
390,468 $2,249,096 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
EIC
EAGLE POINT INC...
Financial Services 0.00% 3.96%
Sold All 😨
(Was: #7)
0.3 -422,222 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
JAAA
JANUS DETROIT S...
ETF 0.00% 3.95%
Sold All 😨
(Was: #8)
0.3 -126,667 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NMCO
NUVEEN MUN CR O...
Financial Services 0.00% 1.38%
Sold All 😨
(Was: #24)
0.3 -206,380 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KBDC
KAYNE ANDERSON ...
Financial Services 0.00% 0.82%
Sold All 😨
(Was: #31)
0.3 -100,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TYG
TORTOISE ENERGY...
Financial Services 0.00% 0.76%
Sold All 😨
(Was: #33)
0.3 -28,932 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VTN
INVESCO TR INVT...
Financial Services 0.00% 0.72%
Sold All 😨
(Was: #35)
0.3 -106,729 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AOD
ABRDN TOTAL DYN...
Bond/Debt 0.00% 0.47%
Sold All 😨
(Was: #41)
0.3 -80,974 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EMO
CLEARBRIDGE ENE...
Financial Services 0.00% 0.45%
Sold All 😨
(Was: #43)
0.3 -16,446 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RWT
REDWOOD TRUST I...
Real Estate 0.00% 0.34%
Sold All 😨
(Was: #46)
0.3 -95,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ENX
EATON VANCE NEW...
Unknown 0.00% 0.22%
Sold All 😨
(Was: #49)
0.3 -36,942 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EVM
EATON VANCE CAL...
Unknown 0.00% 0.10%
Sold All 😨
(Was: #50)
0.3 -17,623 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
OXSQ
OXFORD SQUARE C...
Financial Services 0.00% 0.05%
Sold All 😨
(Was: #51)
0.3 -50,000 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 57 holdings

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