CIK 1618824
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Unclassified | 99.44% | 24 |
| Equity Real Estate Investment Trusts (REITs) | 0.56% | 14 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ARCC | ARES CAPITAL CORP | Unclassified | 14.00% |
| 2 | BXSL | BLACKSTONE SECD LENDING FD | Unclassified | 9.85% |
| 3 | OBDC | BLUE OWL CAPITAL CORPORATION | Unclassified | 9.55% |
| 4 | MAIN | MAIN STR CAP CORP | Unclassified | 8.98% |
| 5 | GBDC | GOLUB CAP BDC INC | Unclassified | 8.79% |
| 6 | HTGC | HERCULES CAPITAL INC | Unclassified | 6.98% |
| 7 | TSLX | SIXTH STREET SPECIALTY LENDI | Unclassified | 6.73% |
| 8 | MSDL | MORGAN STANLEY DIRECT LENDIN | Unclassified | 3.75% |
| 9 | BCSF | BAIN CAP SPECIALTY FIN INC | Unclassified | 3.48% |
| 10 | CSWC | Capital Southwest Corp. | Unclassified | 3.30% |
14/38 names classified · sector 0.6% of weight · industry 0.6% · mkt cap 0.6%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 0.6% of the book is sector-classified (unclassified names shown, never dropped).
Only 1% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.6% of book weight (14/38 names) · unclassified 99.4%: ARCC, BXSL, OBDC, MAIN, GBDC, HTGC, TSLX, MSDL, BCSF, CSWC +14 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | ARCCARES CAPITAL CORP | 2,220,399 | $40M | 14.0% | ADD 4% |
| 2 | BXSLBLACKSTONE SECD LENDING FD | 1,188,414 | $28M | 9.8% | HOLD |
| 3 | OBDCBLUE OWL CAPITAL CORPORATION | 2,468,547 | $27M | 9.5% | HOLD |
| 4 | MAINMAIN STR CAP CORP | 484,823 | $26M | 9.0% | ADD 10% |
| 5 | GBDCGOLUB CAP BDC INC | 1,985,488 | $25M | 8.8% | HOLD |
| 6 | HTGCHERCULES CAPITAL INC | 1,350,125 | $20M | 7.0% | HOLD |
| 7 | TSLXSIXTH STREET SPECIALTY LENDI | 1,046,996 | $19M | 6.7% | ADD 5% |
| 8 | MSDLMORGAN STANLEY DIRECT LENDIN | 767,802 | $11M | 3.7% | HOLD |
| 9 | BCSFBAIN CAP SPECIALTY FIN INC | 801,257 | $10M | 3.5% | ADD 2% |
| 10 | CSWCCapital Southwest Corp. | 426,243 | $9M | 3.3% | HOLD |
| 11 | FSKFS KKR CAP CORP | 855,844 | $9M | 3.0% | HOLD |
| 12 | CGBDCARLYLE SECURED LENDING INC | 737,744 | $8M | 2.8% | HOLD |
| 13 | MFICMIDCAP FINANCIAL INVSTMNT CO | 716,498 | $8M | 2.8% | HOLD |
| 14 | SLRCSLR INVESTMENT CORP | 538,843 | $8M | 2.7% | HOLD |
| 15 | GSBDGOLDMAN SACHS BDC INC | 801,533 | $7M | 2.5% | HOLD |
| 16 | NMFCNEW MTN FIN CORP | 848,918 | $7M | 2.3% | HOLD |
| 17 | FDUSFIDUS INVT CORP | 348,311 | $6M | 2.1% | HOLD |
| 18 | BBDCBarings BDC, Inc. | 700,459 | $6M | 2.0% | HOLD |
| 19 | OCSLOAKTREE SPECIALTY LENDING CO | 333,559 | $4M | 1.3% | HOLD |
| 20 | SCMSTELLUS CAP INVT CORP | 254,834 | $2M | 0.8% | HOLD |
| 21 | CCAPCRESCENT CAP BDC INC | 153,282 | $2M | 0.7% | HOLD |
| 22 | PFLTPENNANTPARK FLOATING RATE CA | 171,904 | $1M | 0.5% | HOLD |
| 23 | TCPCBLACKROCK TCP CAPITAL CORP | 279,505 | $1M | 0.4% | HOLD |
| 24 | QQQINVESCO QQQ TR | 500 | $288,590 | 0.1% | TRIM −41% |
| 25 | EQIXEQUINIX INC | 251 | $246,040 | 0.1% | ADD 79% |
| 26 | DLRDIGITAL RLTY TR INC | 1,166 | $210,124 | 0.1% | ADD 117% |
| 27 | PLDPROLOGIS INC. | 1,383 | $182,804 | 0.1% | ADD 108% |
| 28 | IRMIRON MTN INC DEL | 1,567 | $160,053 | 0.1% | ADD 160% |
| 29 | SPGSIMON PPTY GROUP INC NEW | 843 | $157,244 | 0.1% | ADD 182% |
| 30 | HSTHOST HOTELS & RESORTS INC | 7,003 | $134,177 | 0.0% | ADD 181% |
| 31 | AMTAMERICAN TOWER CORP | 658 | $113,557 | 0.0% | ADD 162% |
| 32 | EQREQUITY RESIDENTIAL | 1,326 | $78,432 | 0.0% | ADD 157% |
| 33 | CCICROWN CASTLE INC | 892 | $72,528 | 0.0% | ADD 177% |
| 34 | EXREXTRA SPACE STORAGE INC | 512 | $67,138 | 0.0% | ADD 124% |
| 35 | AMHAMERICAN HOMES 4 RENT | 1,922 | $53,662 | 0.0% | ADD 160% |
| 36 | AVBAVALONBAY CMNTYS INC | 326 | $53,252 | 0.0% | ADD 217% |
| 37 | ESSEssex Property Trust | 190 | $45,980 | 0.0% | ADD 280% |
| 38 | BXPBXP INC | 575 | $29,842 | 0.0% | ADD 286% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| ARCCARES CAPITAL CORP | 962K | 1.1M | 1.4M | 1.6M | 2.1M | 2.2M | $40M |
| BXSLBLACKSTONE SECD LENDING FD | 393K | 456K | 646K | 908K | 1.2M | 1.2M | $28M |
| OBDCBLUE OWL CAPITAL CORPORATION | 565K | 1.1M | 1.5M | 2.0M | 2.5M | 2.5M | $27M |
| MAINMAIN STR CAP CORP | 223K | 247K | 317K | 367K | 440K | 485K | $26M |
| GBDCGOLUB CAP BDC INC | 728K | 934K | 1.2M | 1.6M | 2.0M | 2.0M | $25M |
| HTGCHERCULES CAPITAL INC | 450K | 510K | 738K | 993K | 1.3M | 1.4M | $20M |
| TSLXSIXTH STREET SPECIALTY LENDI | 392K | 450K | 609K | 747K | 993K | 1.0M | $19M |
| MSDLMORGAN STANLEY DIRECT LENDIN | 105K | 213K | 456K | 585K | 766K | 768K | $11M |
| BCSFBAIN CAP SPECIALTY FIN INC | 320K | 362K | 554K | 648K | 784K | 801K | $10M |
| CSWCCapital Southwest Corp. | 110K | 137K | 226K | 273K | 425K | 426K | $9M |
| FSKFS KKR CAP CORP | 561K | 640K | 808K | 894K | 855K | 856K | $9M |
| CGBDCARLYLE SECURED LENDING INC | 202K | 195K | 353K | 500K | 736K | 738K | $8M |
| MFICMIDCAP FINANCIAL INVSTMNT CO | 194K | 238K | 401K | 572K | 715K | 716K | $8M |
| SLRCSLR INVESTMENT CORP | 145K | 178K | 268K | 389K | 534K | 539K | $8M |
| GSBDGOLDMAN SACHS BDC INC | 395K | 434K | 508K | 766K | 799K | 802K | $7M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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