North Ground Capital
CIK 2055446 · View on SEC EDGAR ↗
- Portfolio value
- $83.4M
- Positions
- 33
- As of
- June 30, 2026
#8,470 of 9,443 by 13F value · top 89.7%
Portfolio value QoQ: +0.4% 13F does not disclose cash
- Top 10 holdings weight
- 67.67%
- Top 25 holdings weight
- 97.71%
- Positions above 1%
- 22
- Effective number of positions
- 17.7
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 31.79% Est. buys $28,609,999 · sells $26,441,145
Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 40.2% still held
- New positions
- 8
- Increased
- 14
- Decreased
- 11
- Closed
- 15
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +3.2% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 92.2% · Options excluded: 0.0%
Sector breakdown
Financial Services
38.8%
Real Estate
24.2%
Other/Unmapped
37.0%
Full portfolio 33 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| FSSL FS Specialty Lending Fund Common Shares of Beneficial Interest | $9,116,240 | 10.94% | 817,600 | $5,988,740 | Up ×2 | ||
| CGBD Carlyle Secured Lending, Inc. - Closed End Fund | $6,486,480 | 7.78% | 616,000 | $2,247,033 | Up ×1 | ||
| MSIF MSC Income Fund, Inc. Common Stock | $6,220,032 | 7.46% | 537,600 | $752,199 | Up ×1 | ||
| BRSP BrightSpire Capital, Inc. Class A Common Stock | $5,951,400 | 7.14% | 1,092,000 | $-3,008,600 | Down ×2 | ||
| CCAP Crescent Capital BDC, Inc. - Common Stock | $5,687,136 | 6.82% | 520,800 | $1,569,416 | Up ×1 | ||
| ACRE Ares Commercial Real Estate Corporation Common Stock | $5,544,000 | 6.65% | 1,232,000 | $168,000 | Up ×1 | ||
| MRP Millrose Properties, Inc. Class A Common Stock | $5,384,960 | 6.46% | 179,200 | $1,744,960 | Up ×2 | ||
| GLO | $4,455,360 | 5.35% | 728,000 | $1,505,928 | Up ×1 | ||
| RWAY Runway Growth Finance Corp. - Common Stock | $4,084,080 | 4.90% | 728,000 | $-2,520,230 | Down ×2 | ||
| NRK Nuveen New York AMT-Free Quality Municipal Income Fund | $3,469,850 | 4.16% | 323,680 | $-148,717 | Down ×2 | ||
| MXF Mexico Fund, Inc. (The) Common Stock | $2,981,931 | 3.58% | 136,348 | $1,488,178 | Up ×1 | ||
| OTF Blue Owl Technology Finance Corp. Common Stock | $2,871,783 | 3.45% | 277,467 | $534,112 | Up ×1 | ||
| BCSF Bain Capital Specialty Finance, Inc. Common Stock | $2,804,480 | 3.36% | 224,000 | $-1,336,897 | Down ×2 | ||
| SLRC SLR Investment Corp. - Closed End Fund | $2,078,160 | 2.49% | 168,000 | Up ×1 | |||
| GLAD Gladstone Capital Corporation - Closed End Fund | $2,044,538 | 2.45% | 105,280 | $-434,708 | Down ×1 | ||
| TYG Tortoise Energy Infrastructure Corporation Common Stock | $1,920,576 | 2.30% | 44,800 | ||||
| BXMT Blackstone Mortgage Trust, Inc. Common Stock | $1,803,480 | 2.16% | 106,400 | ||||
| JFR Nuveen Floating Rate Income Fund Common Stock | $1,706,583 | 2.05% | 222,501 | ||||
| AOMR Angel Oak Mortgage REIT, Inc. Common Stock | $1,492,471 | 1.79% | 164,369 | $371,066 | Up ×1 | ||
| NFJ Virtus Dividend, Interest & Premium Strategy Fund Common Shares of Beneficial Interest | $1,357,789 | 1.63% | 89,387 | Up ×1 | |||
| IQI Invesco Quality Municipal Income Trust Common Stock | $1,214,582 | 1.46% | 120,018 | $-39,876 | Down ×2 | ||
| NMZ Nuveen Municipal High Income Opportunity Fund Common Stock, $0.01 par value, per share | $947,072 | 1.14% | 89,600 | Up ×1 | |||
| GLQ | $767,990 | 0.92% | 89,094 | $500,268 | Up ×1 | ||
| GLV | $607,560 | 0.73% | 91,500 | $327,195 | Up ×1 | ||
| FSCO FS Credit Opportunities Corp. Common Stock | $447,104 | 0.54% | 89,600 | $-2,230,396 | Down ×1 | ||
| ECAT BlackRock ESG Capital Allocation Term Trust Common Shares of Beneficial Interest | $440,160 | 0.53% | 28,000 | $-917,840 | Down ×5 | ||
| BRW Saba Capital Income & Opportunities Fund SBI | $367,920 | 0.44% | 56,000 | $-268,552 | Down ×2 | ||
| JQC Nuveen Credit Strategies Income Fund Shares of Beneficial Interest | $364,019 | 0.44% | 74,901 | Up ×1 | |||
| DMA Destra Multi-Alternative Fund Common Stock | $224,400 | 0.27% | 30,000 | $-222,128 | Down ×2 | ||
| FMN Federated Hermes Premier Municipal Income Fund | $181,749 | 0.22% | 15,818 | $-4,258 | Down ×2 | ||
| HFRO Highland Opportunities and Income Fund Common Shares of Beneficial Interest | $176,332 | 0.21% | 24,731 | $50,249 | Up ×1 | ||
| JOF Japan Smaller Capitalization Fund Inc Common Stock | $117,800 | 0.14% | 10,000 | Up ×1 | |||
| ICMB Investcorp Credit Management BDC, Inc. - Common Stock | $32,760 | 0.04% | 28,000 | $-8,365 | Up ×1 | ||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| FSSL | Bought more | +568K | +$6.0M |
| BRSP | Trimmed | -508K | -$3.0M |
| RWAY | Trimmed | -233K | -$2.5M |
| CGBD | Bought more | +228K | +$2.2M |
| MRP | Bought more | +49K | +$1.7M |
| CCAP | Bought more | +182K | +$1.6M |
| GLO | Bought more | +198K | +$1.5M |
| MXF | Bought more | +65K | +$1.5M |
| BCSF | Trimmed | -110K | -$1.3M |
| ECAT | Trimmed | -72K | -$918K |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| BCAT | March 31, 2025 | 495,100 | $7,500,765 | 10.0% |
| MFIC | March 31, 2026 | 651,326 | $7,451,169 | -11.7% |
| XFLT | March 31, 2026 | 1,482,418 | $7,115,606 | 13.0% |
| EIC | Dec. 31, 2025 | 422,222 | $6,454,218 | -11.9% |
| JAAA | Dec. 31, 2025 | 126,667 | $6,432,150 | No longer tracked |
| GBDC | June 30, 2026 | 478,894 | $6,062,798 | 2.8% |
| MRP | Sept. 30, 2025 | 166,750 | $4,764,881 | -9.3% |
| OCSL | March 31, 2025 | 307,000 | $4,690,960 | -14.6% |
| BTX | Sept. 30, 2025 | 566,000 | $4,143,686 | 31.5% |
| BMEZ | March 31, 2025 | 259,913 | $3,742,747 | 13.3% |
| TCPC | June 30, 2026 | 850,000 | $3,068,500 | 21.7% |
| GSBD | June 30, 2025 | 280,000 | $2,996,364 | -11.7% |
| NZF | March 31, 2026 | 223,536 | $2,812,083 | 0.7% |
| TCPC | June 30, 2025 | 365,000 | $2,549,525 | -46.9% |
| BXMT | March 31, 2025 | 135,000 | $2,350,350 | -27.6% |
| MFIC | June 30, 2025 | 190,000 | $2,268,600 | -21.4% |
| ECC | March 31, 2026 | 390,468 | $2,249,096 | 1.2% |
| NMCO | Dec. 31, 2025 | 206,380 | $2,241,287 | 1.6% |
| JAAA | March 31, 2025 | 38,750 | $1,965,013 | No longer tracked |
| BSTZ | June 30, 2025 | 84,374 | $1,498,491 | 47.6% |
| ZTR | March 31, 2026 | 222,186 | $1,399,772 | 2.3% |
| NVG | June 30, 2026 | 113,390 | $1,398,099 | -3.9% |
| KBDC | Dec. 31, 2025 | 100,000 | $1,332,000 | -6.6% |
| TYG | Dec. 31, 2025 | 28,932 | $1,246,680 | 8.7% |
| VTN | Dec. 31, 2025 | 106,729 | $1,176,154 | -6.0% |
| AEF | March 31, 2026 | 152,370 | $1,066,590 | No longer tracked |
| NQP | June 30, 2026 | 85,044 | $1,014,575 | No longer tracked |
| AVK | March 31, 2025 | 85,900 | $1,011,043 | 9.5% |
| NEA | March 31, 2026 | 76,342 | $887,857 | 0.5% |
| VKI | March 31, 2026 | 95,443 | $870,440 | No longer tracked |
| NXJ | June 30, 2026 | 62,639 | $770,460 | No longer tracked |
| AOD | Dec. 31, 2025 | 80,974 | $766,014 | 8.8% |
| EMO | Dec. 31, 2025 | 16,446 | $738,754 | 21.7% |
| PDX | March 31, 2025 | 27,500 | $718,575 | -11.1% |
| BXSL | June 30, 2026 | 27,041 | $640,601 | 4.1% |
| RWT | Dec. 31, 2025 | 95,000 | $550,050 | -13.1% |
| VPV | June 30, 2026 | 49,775 | $526,122 | -2.1% |
| CION | June 30, 2026 | 75,000 | $513,000 | 17.2% |
| ACP | June 30, 2026 | 100,000 | $510,000 | -0.2% |
| JFR | Sept. 30, 2025 | 60,460 | $509,980 | -6.8% |
| VVR | Sept. 30, 2025 | 126,360 | $479,536 | -15.2% |
| SPE | March 31, 2025 | 27,500 | $402,325 | -11.3% |
| HIX | Sept. 30, 2025 | 89,829 | $386,714 | -8.5% |
| FGB | June 30, 2025 | 96,932 | $381,553 | No longer tracked |
| ACRE | June 30, 2025 | 93,469 | $371,072 | -1.0% |
| ENX | Dec. 31, 2025 | 36,942 | $364,248 | No longer tracked |
| ARCC | June 30, 2026 | 17,757 | $319,981 | 7.3% |
| SWZ | June 30, 2026 | 47,591 | $282,215 | -0.2% |
| ARI | June 30, 2026 | 25,000 | $264,000 | -35.0% |
| FSK | June 30, 2026 | 25,000 | $254,500 | 15.3% |
| OXLC | June 30, 2026 | 25,000 | $244,500 | 5.5% |
| PCF | March 31, 2025 | 33,600 | $219,408 | -19.8% |
| NMFC | June 30, 2026 | 25,000 | $194,000 | 6.2% |
| EVM | Dec. 31, 2025 | 17,623 | $167,242 | No longer tracked |
| WIA | March 31, 2026 | 10,892 | $90,077 | -1.0% |
| OXSQ | Dec. 31, 2025 | 50,000 | $79,500 | -19.5% |
| MVF | March 31, 2025 | 10,000 | $70,400 | No longer tracked |
| ARI | March 31, 2025 | 6,023 | $52,159 | -27.5% |
| EVM | March 31, 2025 | 1,000 | $9,170 | No longer tracked |