North Ground Capital 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
North Ground Capital disclosed 42 US equity positions worth $98.3m in its Q1 2025 13F filing. The largest position was BLACKROCK ESG CAP ALLC TERM at 10.8% of the reported book, followed by RWAY and MRP. Against the Q4 2024 filing, it opened 8 new positions, added to 26 and reduced 7 among the top 42 holdings.
What did North Ground Capital own in Q1 2025? Top 42 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | BLACKROCK ESG CAP ALLC TERM | 10.8% | $10.6m | 700,000 | 53% | added | |
| 2 | RWAY RUNWAY GROWTH FINANCE CORP | 9.9% | $9.7m | 1,050,000 | 24% | added | |
| 3 | MRP MILLROSE PPTYS INC | Real Estate | 8.2% | $8.0m | 324,133 | – | new |
| 4 | BRSP BRIGHTSPIRE CAPITAL INC | 7.4% | $7.2m | 1,461,028 | 90% | added | |
| 5 | BLACKROCK TECH AND PRIVATE E | 6.4% | $6.3m | 990,000 | 140% | added | |
| 6 | CION CION INVT CORP | 5.9% | $5.8m | 581,100 | 38% | added | |
| 7 | NUVEEN NEW YORK AMT QLT MUNI | 3.6% | $3.6m | 356,195 | 8% | added | |
| 8 | ABRDN TOTAL DYNAMIC DIVIDEND | 3.5% | $3.4m | 416,195 | 2% | added | |
| 9 | ABRDN INCOME CREDIT STRATEGI | 3.2% | $3.1m | 558,850 | 2% | added | |
| 10 | GOLDMAN SACHS BDC INC | 3.0% | $3.0m | 280,000 | 474% | added | |
| 11 | VIRTUS TOTAL RETURN FD INC | 3.0% | $2.9m | 485,000 | 2931% | added | |
| 12 | BLACKROCK TCP CAPITAL CORP | 2.6% | $2.5m | 365,000 | 1209% | added | |
| 13 | CLOUGH GLOBAL OPPORTUNITIES | 2.3% | $2.3m | 466,492 | 42% | added | |
| 14 | MFIC MIDCAP FINANCIAL INVSTMNT CO | 2.3% | $2.3m | 190,000 | -8% | reduced | |
| 15 | NUVEEN AMT FREE MUN CR INC F | 2.1% | $2.1m | 178,832 | -11% | reduced | |
| 16 | NUVEEN MUNICIPAL CREDIT INC | 2.0% | $2.0m | 169,251 | 2% | added | |
| 17 | WESTERN ASST INFLTN LKD INM | 2.0% | $2.0m | 238,928 | 9% | added | |
| 18 | SABA CAPITAL INCOME & OPRNT | 1.7% | $1.7m | 220,009 | – | new | |
| 19 | ABRDN EMERGING MARKETS EX CH | 1.7% | $1.6m | 319,922 | 731% | added | |
| 20 | AOMR ANGEL OAK MORTGAGE REIT INC | 1.6% | $1.6m | 168,128 | 43% | added | |
| 21 | CLOUGH GLOBAL DIVID & INCOME | 1.6% | $1.5m | 287,229 | 80% | added | |
| 22 | BLACKROCK SCIENCE & TECHNOLO | 1.5% | $1.5m | 84,374 | -61% | reduced | |
| 23 | INVESCO QUALITY MUN INCOME T | 1.4% | $1.4m | 147,250 | 2% | added | |
| 24 | CLOUGH GLOBAL EQUITY FD | 1.4% | $1.4m | 218,903 | 99% | added | |
| 25 | NUVEEN NEW JERSEY QULT MUN F | 1.3% | $1.3m | 111,770 | 2% | added | |
| 26 | NUVEEN MUN CR OPPORTUNITIES | 1.3% | $1.3m | 123,793 | 0% | held | |
| 27 | HIGHLAND OPPS & INCOME FD | 1.1% | $1.1m | 220,000 | -60% | reduced | |
| 28 | NUVEEN PENNSYLVANIA QLT MUN | 1.0% | $1.0m | 91,005 | 25% | added | |
| 29 | CLEARBRIDGE ENERGY MIDSTRM O | 0.8% | $763.4k | 16,766 | 2% | added | |
| 30 | INVESCO TR INVT GRADE NEW YO | 0.7% | $702.8k | 68,304 | 32% | added | |
| 31 | NUVEEN FLOATING RATE INCOME | 0.7% | $679.4k | 84,347 | – | new | |
| 32 | INVESCO SR INCOME TR | 0.6% | $560.8k | 156,000 | – | new | |
| 33 | INVESCO PA VALUE MUN INC TR | 0.6% | $543.7k | 55,335 | 46% | added | |
| 34 | NUVEEN AMT FREE QLTY MUN INC | 0.5% | $496.9k | 45,885 | -39% | reduced | |
| 35 | INVESCO ADVANTAGE MUN INCOME | 0.5% | $468.3k | 55,885 | 2% | added | |
| 36 | WESTERN ASSET HIGH INCOM FD | 0.5% | $452.5k | 110,900 | – | new | |
| 37 | FIRST TR SPECIALTY FIN & FIN | 0.4% | $381.6k | 96,932 | -46% | reduced | |
| 38 | ACRE ARES COML REAL ESTATE CORP | 0.4% | $371.1k | 93,469 | – | new | |
| 39 | FEDERATED HERMES PREM MUNI I | 0.2% | $233.8k | 22,100 | -6% | reduced | |
| 40 | TORTOISE ENERGY INFRA CORP | 0.2% | $222.5k | 5,589 | – | new | |
| 41 | EATON VANCE NEW YORK MUN BD | 0.1% | $95.3k | 10,177 | 2% | added | |
| 42 | SWISS HELVETIA FD INC | 0.0% | $30.0k | 4,800 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.