North Ground Capital Q4 2025 Filing
Filed February 12, 2026
Portfolio Value
$201.4M
Holdings
45
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (45 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | BRSPBRIGHTSPIRE CAPITAL INC | 3,054,552 | $17.1M | 8.49% | |
| 2 | OXLCOXFORD LANE CAP CORP | 1,032,585 | $15.1M | 7.51% | |
| 3 | RWAYRUNWAY GROWTH FINANCE CORP | 1,569,050 | $14.0M | 6.96% | |
| 4 | FSKFS KKR CAP CORP | 895,746 | $13.3M | 6.59% | |
| 5 | CCAPCRESCENT CAP BDC INC | 835,312 | $11.7M | 5.83% | |
| 6 | CGBDCARLYLE SECURED LENDING INC | 912,220 | $11.4M | 5.66% | |
| 7 | CIONCION INVT CORP | 1,086,992 | $10.5M | 5.22% | |
| 8 | BCSFBAIN CAP SPECIALTY FIN INC | 626,514 | $8.7M | 4.33% | |
| 9 | MFICMIDCAP FINANCIAL INVSTMNT CO | 651,326 | $7.5M | 3.70% | |
| 10 | ACREARES COML REAL ESTATE CORP | 1,551,806 | $7.4M | 3.68% | |
| 11 | XFLTXAI OCTAGN FLT RAT & ALT INM | 1,482,418 | $7.1M | 3.53% | |
| 12 | MSIFMSC INCOME FUND INC | 501,678 | $6.6M | 3.27% | |
| 13 | GLOCLOUGH GLOBAL OPPORTUNITIES | 1,112,636 | $6.3M | 3.13% | |
| 14 | NRKNUVEEN NEW YORK AMT QLT MUNI | 601,212 | $6.1M | 3.01% | |
| 15 | GBDCGOLUB CAP BDC INC | 326,106 | $4.4M | 2.20% | |
| 16 | TCPCBLACKROCK TCP CAPITAL CORP | 787,946 | $4.3M | 2.14% | |
| 17 | SWZTOTAL RETURN SECURITIES FUND | 661,145 | $4.1M | 2.04% | |
| 18 | OTFBLUE OWL TECHNOLOGY FIN CORP | 271,645 | $3.9M | 1.96% | |
| 19 | NVGNUVEEN AMT FREE MUN CR INC F | 305,064 | $3.9M | 1.92% | |
| 20 | MRPMILLROSE PPTYS INC | 127,189 | $3.8M | 1.89% | |
| 21 | ECATBLACKROCK ESG CAP ALLC TERM | 223,714 | $3.4M | 1.71% | |
| 22 | NZFNUVEEN MUNICIPAL CREDIT INC | 223,536 | $2.8M | 1.40% | |
| 23 | MXFMEXICO FD INC | 126,312 | $2.5M | 1.26% | |
| 24 | IQIINVESCO QUALITY MUN INCOME T | 238,367 | $2.4M | 1.18% | |
| 25 | ECCEAGLE POINT CREDIT COMPANY I | 390,468 | $2.2M | 1.12% | |
| 26 | AOMRANGEL OAK MORTGAGE REIT INC | 249,628 | $2.1M | 1.07% | |
| 27 | FSSLFS SPECIALTY LENDING FD | 135,324 | $1.9M | 0.95% | |
| 28 | NQPNUVEEN PENNSYLVANIA QLT MUN | 152,529 | $1.8M | 0.90% | |
| 29 | ACPABRDN INCOME CREDIT STRATEGI | 329,148 | $1.8M | 0.88% | |
| 30 | GLVCLOUGH GLOBAL DIVID & INCOME | 244,254 | $1.5M | 0.72% | |
| 31 | NXJNUVEEN NEW JERSEY QULT MUN F | 112,826 | $1.4M | 0.71% | |
| 32 | ZTRVIRTUS TOTAL RETURN FD INC | 222,186 | $1.4M | 0.69% | |
| 33 | HFROHIGHLAND OPPS & INCOME FD | 192,701 | $1.2M | 0.57% | |
| 34 | BRWSABA CAPITAL INCOME & OPRNT | 163,114 | $1.1M | 0.57% | |
| 35 | AEFABRDN EMERGING MARKETS EX CH | 152,370 | $1.1M | 0.53% | |
| 36 | VPVINVESCO PA VALUE MUN INC TR | 93,481 | $977K | 0.49% | |
| 37 | XNEAXNUVEEN AMT FREE QLTY MUN INC | 76,342 | $887K | 0.44% | |
| 38 | VKIINVESCO ADVANTAGE MUN INCOME | 95,443 | $870K | 0.43% | |
| 39 | DMADESTRA MULTI-ALTERNATIVE FD | 77,310 | $693K | 0.34% | |
| 40 | ARIAPOLLO COML REAL EST FIN INC | 60,000 | $580K | 0.29% | |
| 41 | XGLQXCLOUGH GLOBAL EQUITY FD | 72,019 | $551K | 0.27% | |
| 42 | FMNFEDERATED HERMES PREM MUNI I | 38,429 | $426K | 0.21% | |
| 43 | FSCOFS CREDIT OPPORTUNITIES CORP | 27,334 | $172K | 0.09% | |
| 44 | ICMBINVESTCORP CR MGMT BDC INC | 54,299 | $146K | 0.07% | |
| 45 | XWIAXWESTERN ASST INFLTN LKD INM | 10,892 | $90K | 0.04% |