North Ground Capital
CIK 0002055446
Annualised vol
2.002139%
Beta
0.01918
HHI
563.502444
Top-10 weight
67.665282%
VaR 95%
0.166865%
VaR 99%
0.444863%
Max drawdown
7.050136%
Matched value
32.498881%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| CGBD | ADDED | 616,000 | 387,518 | 58.96% | 6,486,480 |
| MSIF | ADDED | 537,600 | 448,919 | 19.75% | 6,220,032 |
| BRSP | REDUCED | 1,092,000 | 1,600,000 | -31.75% | 5,951,400 |
| GLO | ADDED | 728,000 | 529,521 | 37.48% | 4,455,360 |
| RWAY | REDUCED | 728,000 | 961,326 | -24.27% | 4,084,080 |
| SLRC | NEW | 168,000 | - | - | 2,078,160 |
| JFR | NEW | 222,501 | - | - | 1,706,583 |
| AOMR | ADDED | 164,369 | 136,424 | 20.48% | 1,492,471 |
| FSCO | REDUCED | 89,600 | 525,000 | -82.93% | 447,104 |
| JOF | NEW | 10,000 | - | - | 117,800 |
| TCPC | CLOSED OUT | 0 | 850,000 | -100.0% | 0 |
| SWZ | CLOSED OUT | 0 | 47,591 | -100.0% | 0 |
| ARCC | CLOSED OUT | 0 | 17,757 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | FS SPECIALTY LENDING FD | COM SH BEN INT | 644323107 | 9,116,240 | 10.94 | 817600.0 | |
| CGBD | ADDED | CARLYLE SECURED LENDING INC | COM | 872280102 | 6,486,480 | 7.78 | 616000.0 |
| MSIF | ADDED | MSC INCOME FUND INC | COM | 55374X208 | 6,220,032 | 7.46 | 537600.0 |
| BRSP | REDUCED | BRIGHTSPIRE CAPITAL INC | COM CL A | 10949T109 | 5,951,400 | 7.14 | 1092000.0 |
| - | CRESCENT CAP BDC INC | COM | 225655109 | 5,687,136 | 6.82 | 520800.0 | |
| - | ARES COML REAL ESTATE CORP | COM | 04013V108 | 5,544,000 | 6.65 | 1232000.0 | |
| - | MILLROSE PPTYS INC | COM CL A | 601137102 | 5,384,960 | 6.46 | 179200.0 | |
| GLO | ADDED | CLOUGH GLOBAL OPPORTUNITIES | SH BEN INT | 18914E106 | 4,455,360 | 5.35 | 728000.0 |
| RWAY | REDUCED | RUNWAY GROWTH FINANCE CORP | COM | 78163D100 | 4,084,080 | 4.9 | 728000.0 |
| - | NUVEEN NY AMT FREE | COM | 670656107 | 3,469,850 | 4.16 | 323680.0 | |
| - | MEXICO FD INC | COM | 592835102 | 2,981,931 | 3.58 | 136348.0 | |
| - | BLUE OWL TECHNOLOGY FIN CORP | COMMON STOCK | 095924106 | 2,871,783 | 3.45 | 277467.0 | |
| - | BAIN CAP SPECIALTY FIN INC | COM STK | 05684B107 | 2,804,480 | 3.36 | 224000.0 | |
| SLRC | NEW | SLR INVESTMENT CORP | COM | 83413U100 | 2,078,160 | 2.49 | 168000.0 |
| - | GLADSTONE CAP CORP | COM NEW | 376535878 | 2,044,538 | 2.45 | 105280.0 | |
| - | TORTOISE ENERGY INFRSTRCTR C | COM | 89147L886 | 1,920,576 | 2.3 | 44800.0 | |
| - | BLACKSTONE MORTGAGE TRUST IN | COM CL A | 09257W100 | 1,803,480 | 2.16 | 106400.0 | |
| JFR | NEW | NUVEEN FLOATING RATE INCOME | COM | 67072T108 | 1,706,583 | 2.05 | 222501.0 |
| AOMR | ADDED | ANGEL OAK MORTGAGE REIT INC | COM | 03464Y108 | 1,492,471 | 1.79 | 164369.0 |
| - | VIRTUS DIVIDEND INTEREST & P | COM | 92840R101 | 1,357,789 | 1.63 | 89387.0 | |
| - | INVESCO QUALITY MUN INCOME T | COM | 46133G107 | 1,214,582 | 1.46 | 120018.0 | |
| - | NUVEEN MUN HIGH INCOME OPPOR | COM | 670682103 | 947,072 | 1.14 | 89600.0 | |
| - | CLOUGH GLOBAL EQUITY FD | COM | 18914C100 | 767,990 | 0.92 | 89094.0 | |
| - | CLOUGH GLOBAL DIVID & INCOME | COM | 18913Y103 | 607,560 | 0.73 | 91500.0 | |
| FSCO | REDUCED | FS CREDIT OPPORTUNITIES CORP | COMMON STOCK | 30290Y101 | 447,104 | 0.54 | 89600.0 |
| - | BLACKROCK ESG CAP ALLC TERM | SHS BEN INT | 09262F100 | 440,160 | 0.53 | 28000.0 | |
| - | SABA CAPITAL INCOME & OPRNT | SHS NEW | 78518H202 | 367,920 | 0.44 | 56000.0 | |
| - | NUVEEN CR STRATEGIES INCOME | COM SHS | 67073D102 | 364,019 | 0.44 | 74901.0 | |
| - | DESTRA MULTI-ALTERNATIVE FD | COMMON SHARES | 25065A502 | 224,400 | 0.27 | 30000.0 | |
| - | FEDERATED HERMES PREM MUNI I | COM | 31423P108 | 181,749 | 0.22 | 15818.0 | |
| - | HIGHLAND OPPS & INCOME FD | HIGHLAND INCOME | 43010E404 | 176,332 | 0.21 | 24731.0 | |
| JOF | NEW | JAPAN SMALLER CAPITALIZATION | COM | 47109U104 | 117,800 | 0.14 | 10000.0 |
| - | INVESTCORP CR MGMT BDC INC | COM | 46090R104 | 32,760 | 0.04 | 28000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 83,350,777 | 33 | 2.002139 | 0.01918 | 7.050136 |
| 2026-03-31 | 2026-05-11 | 83,011,872 | 40 | 2.302335 | 0.020657 | 9.977487 |
| 2025-12-31 | 2026-02-12 | 201,376,086 | 45 | 1.817174 | 0.016572 | 7.677142 |
| 2025-09-30 | 2025-10-29 | 162,985,796 | 51 | 1.337456 | 0.012362 | 5.514008 |
| 2025-03-31 | 2025-05-14 | 98,259,545 | 42 | 1.918345 | 0.018709 | 6.649632 |
| 2024-12-31 | 2025-02-14 | 92,850,555 | 46 | 1.897264 | 0.01853 | 5.440836 |