North Ground Capital 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
North Ground Capital disclosed 38 US equity positions worth $78.4m in its Q2 2025 13F filing. The largest position was BLACKROCK ESG CAP ALLC TERM at 10.0% of the reported book, followed by BRSP and RWAY. Against the Q1 2025 filing, it opened 2 new positions, added to 5 and reduced 31 among the top 38 holdings.
What did North Ground Capital own in Q2 2025? Top 38 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | BLACKROCK ESG CAP ALLC TERM | 10.0% | $7.8m | 487,619 | -30% | reduced | |
| 2 | BRSP BRIGHTSPIRE CAPITAL INC | 8.5% | $6.7m | 1,323,000 | -9% | reduced | |
| 3 | RWAY RUNWAY GROWTH FINANCE CORP | 7.2% | $5.6m | 521,500 | -50% | reduced | |
| 4 | CION CION INVT CORP | 6.1% | $4.8m | 500,000 | -14% | reduced | |
| 5 | MRP MILLROSE PPTYS INC | Real Estate | 6.1% | $4.8m | 166,750 | -49% | reduced |
| 6 | CCAP CRESCENT CAP BDC INC | 5.6% | $4.4m | 311,000 | – | new | |
| 7 | BLACKROCK TECH AND PRIVATE E | 5.3% | $4.1m | 566,000 | -43% | reduced | |
| 8 | VIRTUS TOTAL RETURN FD INC | 4.3% | $3.4m | 540,500 | 11% | added | |
| 9 | NUVEEN NEW YORK AMT QLT MUNI | 4.0% | $3.2m | 320,575 | -10% | reduced | |
| 10 | ABRDN TOTAL DYNAMIC DIVIDEND | 3.5% | $2.7m | 311,250 | -25% | reduced | |
| 11 | ABRDN INCOME CREDIT STRATEGI | 3.4% | $2.7m | 452,668 | -19% | reduced | |
| 12 | CLOUGH GLOBAL OPPORTUNITIES | 3.0% | $2.3m | 432,928 | -7% | reduced | |
| 13 | NUVEEN AMT FREE MUN CR INC F | 2.4% | $1.9m | 160,949 | -10% | reduced | |
| 14 | AOMR ANGEL OAK MORTGAGE REIT INC | 2.4% | $1.9m | 200,000 | 19% | added | |
| 15 | NUVEEN MUNICIPAL CREDIT INC | 2.3% | $1.8m | 152,326 | -10% | reduced | |
| 16 | WESTERN ASST INFLTN LKD INM | 2.3% | $1.8m | 212,770 | -11% | reduced | |
| 17 | ABRDN EMERGING MARKETS EX CH | 2.2% | $1.7m | 285,052 | -11% | reduced | |
| 18 | CLOUGH GLOBAL DIVID & INCOME | 2.1% | $1.6m | 290,099 | 1% | added | |
| 19 | SABA CAPITAL INCOME & OPRNT | 1.9% | $1.5m | 179,828 | -18% | reduced | |
| 20 | CLOUGH GLOBAL EQUITY FD | 1.8% | $1.4m | 201,946 | -8% | reduced | |
| 21 | INVESCO QUALITY MUN INCOME T | 1.6% | $1.2m | 132,525 | -10% | reduced | |
| 22 | NUVEEN MUN CR OPPORTUNITIES | 1.5% | $1.2m | 111,414 | -10% | reduced | |
| 23 | NUVEEN NEW JERSEY QULT MUN F | 1.5% | $1.1m | 100,593 | -10% | reduced | |
| 24 | TORTOISE ENERGY INFRA CORP | 1.4% | $1.1m | 24,571 | 340% | added | |
| 25 | HIGHLAND OPPS & INCOME FD | 1.3% | $1.0m | 198,000 | -10% | reduced | |
| 26 | TOTAL RETURN SECURITIES FUND | 1.2% | $948.4k | 150,058 | 3026% | added | |
| 27 | NUVEEN PENNSYLVANIA QLT MUN | 1.2% | $918.1k | 81,904 | -10% | reduced | |
| 28 | CLEARBRIDGE ENERGY MIDSTRM O | 0.8% | $653.3k | 13,724 | -18% | reduced | |
| 29 | INVESCO TR INVT GRADE NEW YO | 0.8% | $639.9k | 61,473 | -10% | reduced | |
| 30 | NUVEEN FLOATING RATE INCOME | 0.7% | $510.0k | 60,460 | -28% | reduced | |
| 31 | INVESCO PA VALUE MUN INC TR | 0.6% | $499.0k | 49,802 | -10% | reduced | |
| 32 | INVESCO SR INCOME TR | 0.6% | $479.5k | 126,360 | -19% | reduced | |
| 33 | NUVEEN AMT FREE QLTY MUN INC | 0.6% | $451.0k | 41,296 | -10% | reduced | |
| 34 | INVESCO ADVANTAGE MUN INCOME | 0.5% | $419.0k | 50,296 | -10% | reduced | |
| 35 | WESTERN ASSET HIGH INCOM FD | 0.5% | $386.7k | 89,829 | -19% | reduced | |
| 36 | FSK FS KKR CAP CORP | 0.4% | $332.3k | 16,000 | – | new | |
| 37 | FEDERATED HERMES PREM MUNI I | 0.3% | $210.7k | 19,890 | -10% | reduced | |
| 38 | EATON VANCE NEW YORK MUN BD | 0.1% | $85.0k | 9,159 | -10% | reduced |
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.