Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (3 quarters reported)
$105M in Q4 2025 → $66.2M now. Hover for any quarter.
As reported for the quarter ended June 30, 2026. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| Acres Commercial Realty Corp | 31.6% | Unchanged | 1,177,060 | $20.9M |
| TC Trinity Cap Inc | 19.7% | Unchanged | 727,439 | $13M |
| RP Rithm Ppty Tr Inc | 16.7% | Trimmed 11% | 442,804 | $11M |
| XF Xai Floating Rate & Alter In | 11.7% | Unchanged | 439,852 | $7.72M |
| OL Oxford Lane Cap Corp | 11.0% | Unchanged | 834,459 | $7.31M |
| HT Horizon Technology Fin Corp | 2.6% | Unchanged | 366,194 | $1.73M |
| Capital Southwest Corp | 2.3% | Trimmed 70% | 1,480,000 | $1.55M |
| BM Blackstone Mortgage Trust In | 2.1% | Unchanged | 1,395,000 | $1.4M |
| Braemar Hotels & Resorts Inc | 1.1% | Unchanged | 52,740 | $726K |
| Carlyle Credit Income Fund | 0.8% | Added 20% | 186,212 | $520K |
| GP Granite Pt Mtg Tr Inc | 0.2% | Unchanged | 80,666 | $121K |
| Ready Capital Corp | 0.2% | Unchanged | 67,920 | $119K |
| Bcp Investment Corporation | 0.0% | Unchanged | 3,634 | $26.5K |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 2 quarters.
quarter ended June 30, 2026 · filed August 11, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| Braemar Hotels & Resorts Inc | Exited | −5,505,000 | −$5.46M | — |
| Capital Southwest Corp | Trimmed | −3,500,000 | −$3.66M | 2.3% |
| RP Rithm Ppty Tr Inc | Trimmed | −53,777 | −$1.34M | 16.7% |
| Carlyle Credit Income Fund | Added | +30,819 | +$86K | 0.8% |
quarter ended March 31, 2026 · filed May 07, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| RP Rithm Ppty Tr Inc | Trimmed | −11,942,269 | −$297M | 16.2% |
| Braemar Hotels & Resorts Inc | Trimmed | −1,265,760 | −$18.4M | 1.0% |
| Capital Southwest Corp | Trimmed | −10,000,000 | −$10.1M | 6.6% |
| XO Xai Octagn Flt Rat & Alt Inm | Exited | −2,090,256 | −$10M | — |
| FB Franklin Bsp Rlty Tr Inc | Exited | −835,586 | −$8.38M | — |
| XO Xai Octagn Flt Rat & Alt Inm | New | +439,852 | +$7.56M | 9.9% |
| Braemar Hotels & Resorts Inc | Trimmed | −5,000,000 | −$4.96M | 7.1% |
| OL Oxford Lane Cap Corp | Added | +337,755 | +$3.3M | 10.7% |
| HT Horizon Technology Fin Corp | Trimmed | −3,602 | −$15.2K | 2.0% |
Loading...
