North Ground Capital
13F Reported Value
ⓘ$83.4M
Holdings
33
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
North Ground Capital disclosed 33 positions worth $83.4M in its Form 13F-HR for Q2 2026, led by $FSSL (FS Specialty Lending Fund) at 10.9% of the equity portfolio, followed by $CGBD and $MSIF. During the quarter the fund opened 8 new positions and exited 15 — including a new stake in $SLRC and a full exit from $GBDC. The portfolio is most concentrated in Other (74.2% of disclosed assets). All figures are sourced directly from North Ground Capital’s Form 13F-HR filing with the SEC under CIK 2055446.
AI Fund Analysis
ConcentratingSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- —
Quality
$9.1M817,600 sh - —
Quality
$6.5M616,000 sh - —
Quality
$6.2M537,600 sh - 32.7
Quality
$6.0M1,092,000 sh - —
Quality
$5.7M520,800 sh - 34.7
Quality
$5.5M1,232,000 sh - 82.3
Quality
$5.4M179,200 sh - —
Quality
$4.5M728,000 sh - —
Quality
$4.1M728,000 sh - $3.5M323,680 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 FS Specialty Lending Fund$FSSL | — | $9.1M | 817,600 |
 Carlyle Secured Lending, Inc.$CGBD | — | $6.5M | 616,000 |
 MSC INCOME FUND, INC.$MSIF | — | $6.2M | 537,600 |
 BrightSpire Capital, Inc.$BRSP | 32.7 | $6.0M | 1,092,000 |
 Crescent Capital BDC, Inc.$CCAP | — | $5.7M | 520,800 |
 Ares Commercial Real Estate Corp$ACRE | 34.7 | $5.5M | 1,232,000 |
 Millrose Properties, Inc.$MRP | 82.3 | $5.4M | 179,200 |
 Clough Global Opportunities Fund$GLO | — | $4.5M | 728,000 |
 Runway Growth Finance Corp.$RWAY | — | $4.1M | 728,000 |
 NUVEEN NEW YORK AMT-FREE QUALITY MUNICIPAL INCOME FUND$NRK | — | $3.5M | 323,680 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of North Ground Capital's 33 positions.
Showing top 10 of 33 holdings.
Sector Allocation
Other
$61.8M
Real Estate
$20.2M
Financials
$1.4M
Full Holdings — North Ground Capital (Q2 2026)
All 33 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $FSSL | FS Specialty Lending Fund | $9.1M | 10.9% | +227% | — |
| 2 | $CGBD | Carlyle Secured Lending, Inc. | $6.5M | 7.8% | +59% | — |
| 3 | $MSIF | MSC INCOME FUND, INC. | $6.2M | 7.5% | +20% | — |
| 4 | $BRSP | BrightSpire Capital, Inc. | $6.0M | 7.1% | -32% | 32.7 |
| 5 | $CCAP | Crescent Capital BDC, Inc. | $5.7M | 6.8% | +54% | — |
| 6 | $ACRE | Ares Commercial Real Estate Corp | $5.5M | 6.7% | +10% | 34.7 |
| 7 | $MRP | Millrose Properties, Inc. | $5.4M | 6.5% | +38% | 82.3 |
| 8 | $GLO | Clough Global Opportunities Fund | $4.5M | 5.3% | +37% | — |
| 9 | $RWAY | Runway Growth Finance Corp. | $4.1M | 4.9% | -24% | — |
| 10 | $NRK | NUVEEN NEW YORK AMT-FREE QUALITY MUNICIPAL INCOME FUND | $3.5M | 4.2% | -9% | — |
| 11 |  $MXF | MEXICO FUND INC | $3.0M | 3.6% | +91% | — |
| 12 |  $OTF | Blue Owl Technology Finance Corp. | $2.9M | 3.5% | +47% | — |
| 13 |  $BCSF | Bain Capital Specialty Finance, Inc. | $2.8M | 3.4% | -33% | — |
| 14 |  $SLRC | SLR Investment Corp. | $2.1M | 2.5% | NEW | — |
| 15 |  $GLAD | GLADSTONE CAPITAL CORP | $2.0M | 2.5% | -26% | — |
| 16 |  $TYG | TORTOISE ENERGY INFRASTRUCTURE CORP | $1.9M | 2.3% | NEW | — |
| 17 |  $BXMT | BLACKSTONE MORTGAGE TRUST, INC. | $1.8M | 2.2% | NEW | 41.1 |
| 18 |  $JFR | NUVEEN FLOATING RATE INCOME FUND | $1.7M | 2.0% | NEW | — |
| 19 |  $AOMD | Angel Oak Mortgage REIT, Inc. | $1.5M | 1.8% | +20% | — |
| 20 |  $NFJ | Virtus Dividend, Interest & Premium Strategy Fund | $1.4M | 1.6% | NEW | — |
| 21 |  $IQI | Invesco Quality Municipal Income Trust | $1.2M | 1.5% | -8% | — |
| 22 |  $NMZ | NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND | $947,072 | 1.1% | NEW | — |
| 23 |  $GLQ | Clough Global Equity Fund | $767,990 | 0.9% | +151% | — |
| 24 |  $GLV | Clough Global Dividend & Income Fund | $607,560 | 0.7% | +93% | — |
| 25 |  $FSCO | FS Credit Opportunities Corp. | $447,104 | 0.5% | -83% | — |
| 26 |  $ECAT | BlackRock ESG Capital Allocation Term Trust | $440,160 | 0.5% | -72% | — |
| 27 |  $BRW | Saba Capital Income & Opportunities Fund | $367,920 | 0.4% | -41% | — |
| 28 |  $JQC | Nuveen Credit Strategies Income Fund | $364,019 | 0.4% | NEW | — |
| 29 |  $DMA | Destra Multi-Alternative Fund | $224,400 | 0.3% | -46% | — |
| 30 |  $FMN | Federated Hermes Premier Municipal Income Fund | $181,749 | 0.2% | -7% | — |
| 31 |  $HFRO | HIGHLAND OPPORTUNITIES & INCOME FUND | $176,332 | 0.2% | +12% | — |
| 32 |  $JOF | JAPAN SMALLER CAPITALIZATION FUND INC | $117,800 | 0.1% | NEW | — |
| 33 |  $ICMB | Investcorp Credit Management BDC, Inc. | $32,760 | 0.0% | +10% | — |
New Positions (8)
$SLRC SLR Investment Corp.$2.1M$TYG TORTOISE ENERGY INFRASTRUCTURE CORP$1.9M$BXMT BLACKSTONE MORTGAGE TRUST, INC.$1.8M$JFR NUVEEN FLOATING RATE INCOME FUND$1.7M$NFJ Virtus Dividend, Interest & Premium Strategy Fund$1.4M$NMZ NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND$947,072$JQC Nuveen Credit Strategies Income Fund$364,019$JOF JAPAN SMALLER CAPITALIZATION FUND INC$117,800Exited Positions (15)
$GBDC GOLUB CAPITAL BDC, Inc.
$TCPC BlackRock TCP Capital Corp.
$NVG Nuveen AMT-Free Municipal Credit Income Fund
$BXSL Blackstone Secured Lending Fund
$VPV Invesco Pennsylvania Value Municipal Income Trust
$CICB CION Investment Corp
$ACP abrdn Income Credit Strategies Fund
$ARCC ARES CAPITAL CORP
$SWZ Total Return Securities Fund
$ARI Apollo Commercial Real Estate Finance, Inc.
$FSK FS KKR Capital Corp
$OXLC Oxford Lane Capital Corp.
$NMFC New Mountain Finance CorpBrowse Top Institutional Investors
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