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North Ground Capital

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13F filer, CIK 2055446, Cohasset, MA

North Ground Capital reported $162,985,796 across 51 holdings for the quarter ended 2025-09-30, in a 13F-HR filed 2025-10-29. Its ten largest share positions make up 48.8% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001420506-25-002922

Period
2025-09-30
Reported value
$163M
Holdings
51
Top 10 weight
48.8%
New
18
Sold out
5

Largest buys vs the previous quarter

SecurityShares changeApprox. value
FSKadded+599,000$8.94M
OXLCnew+422,222$6.77M
BRSPadded+1,197,000$6.5M
EICnew+422,222$6.45M
JAAAnew+126,667$6.43M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
MRPexited-166,750-$4.76M
BTXexited-566,000-$4.14M
ECATreduced-202,619-$3.32M
XAODXreduced-230,276-$2.18M
AEFreduced-147,014-$953K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2025

Share positions as resolved from 13F-HR 0001420506-25-002922, largest first. % of portfolio is the value over $162,985,796, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
BRSPBRIGHTSPIRE CAPITAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 770,000 shares; 2025Q1: 1,461,028 shares; 2025Q2: 1,323,000 shares; 2025Q3: 2,520,000 shares 2,520,000$13.7M8.4%+1,197,000Timeline
CIONCION INVT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 421,801 shares; 2025Q1: 581,100 shares; 2025Q2: 500,000 shares; 2025Q3: 1,002,778 shares 1,002,778$9.51M5.83%+502,778Timeline
FSKFS KKR CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 16,000 shares; 2025Q3: 615,000 shares 615,000$9.18M5.63%+599,000Timeline
RWAYRUNWAY GROWTH FINANCE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 847,662 shares; 2025Q1: 1,050,000 shares; 2025Q2: 521,500 shares; 2025Q3: 775,000 shares 775,000$7.87M4.83%+253,500Timeline
ZTRVIRTUS TOTAL RETURN FD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 16,000 shares; 2025Q1: 485,000 shares; 2025Q2: 540,500 shares; 2025Q3: 1,197,000 shares 1,197,000$7.72M4.74%+656,500Timeline
OXLCOXFORD LANE CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 422,222 shares 422,222$6.77M4.15%newTimeline
EICEAGLE POINT INCOME COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 422,222 shares 422,222$6.45M3.96%newTimeline
JAAAJANUS DETROIT STR TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 38,750 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 126,667 shares 126,667$6.43M3.95%newTimeline
CCAPCRESCENT CAP BDC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 311,000 shares; 2025Q3: 418,000 shares 418,000$5.96M3.66%+107,000Timeline
CGBDCARLYLE SECURED LENDING INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 476,134 shares 476,134$5.95M3.65%newTimeline
NRKNUVEEN NY AMT FREEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 330,000 shares; 2025Q1: 356,195 shares; 2025Q2: 320,575 shares; 2025Q3: 538,650 shares 538,650$5.49M3.37%+218,075Timeline
GLOCLOUGH GLOBAL OPPORTUNITIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 327,500 shares; 2025Q1: 466,492 shares; 2025Q2: 432,928 shares; 2025Q3: 947,362 shares 947,362$5.4M3.31%+514,434Timeline
ACREARES COML REAL ESTATE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: 93,469 shares; 2025Q2: not reported; 2025Q3: 1,157,863 shares 1,157,863$5.22M3.2%newTimeline
OTFBLUE OWL TECHNOLOGY FIN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 375,000 shares 375,000$5.18M3.18%newTimeline
ECCEAGLE POINT CR COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 633,333 shares 633,333$4.97M3.05%newTimeline
ECATBLACKROCK ESG CAP ALLC TERMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 456,400 shares; 2025Q1: 700,000 shares; 2025Q2: 487,619 shares; 2025Q3: 285,000 shares 285,000$4.67M2.87%-202,619Timeline
MSIFMSC INCOME FUND INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 319,780 shares 319,780$4.2M2.58%newTimeline
AOMRANGEL OAK MORTGAGE REIT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 117,971 shares; 2025Q1: 168,128 shares; 2025Q2: 200,000 shares; 2025Q3: 388,836 shares 388,836$3.64M2.24%+188,836Timeline
NVGNUVEEN AMT FREE MUN CR INC FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 200,000 shares; 2025Q1: 178,832 shares; 2025Q2: 160,949 shares; 2025Q3: 273,600 shares 273,600$3.36M2.06%+112,651Timeline
NZFNUVEEN MUN CR INCOME FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 166,356 shares; 2025Q1: 169,251 shares; 2025Q2: 152,326 shares; 2025Q3: 256,500 shares 256,500$3.22M1.98%+104,174Timeline
TCPCBLACKROCK TCP CAPITAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 27,884 shares; 2025Q1: 365,000 shares; 2025Q2: not reported; 2025Q3: 500,000 shares 500,000$3.1M1.9%newTimeline
MFICMIDCAP FINANCIAL INVSTMNT COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 207,519 shares; 2025Q1: 190,000 shares; 2025Q2: not reported; 2025Q3: 250,000 shares 250,000$3M1.84%newTimeline
BCSFBAIN CAP SPECIALTY FIN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 175,000 shares 175,000$2.49M1.53%newTimeline
NMCONUVEEN MUN CR OPPORTUNITIESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 123,326 shares; 2025Q1: 123,793 shares; 2025Q2: 111,414 shares; 2025Q3: 206,380 shares 206,380$2.24M1.38%+94,966Timeline
XNXJXNUVEEN NEW JERSEYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 110,000 shares; 2025Q1: 111,770 shares; 2025Q2: 100,593 shares; 2025Q3: 171,000 shares 171,000$2.12M1.3%+70,407Timeline
IQIINVESCO QUALITY MUN INCOME TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 143,904 shares; 2025Q1: 147,250 shares; 2025Q2: 132,525 shares; 2025Q3: 213,750 shares 213,750$2.11M1.29%+81,225Timeline
GLVCLOUGH GLOBAL DIVID & INCOMEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 159,200 shares; 2025Q1: 287,229 shares; 2025Q2: 290,099 shares; 2025Q3: 313,031 shares 313,031$1.86M1.14%+22,932Timeline
XGLQXCLOUGH GLOBAL EQUITY FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 110,000 shares; 2025Q1: 218,903 shares; 2025Q2: 201,946 shares; 2025Q3: 234,189 shares 234,189$1.78M1.09%+32,243Timeline
ACPABRDN INCOME CREDIT STRATEGIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 550,000 shares; 2025Q1: 558,850 shares; 2025Q2: 452,668 shares; 2025Q3: 295,926 shares 295,926$1.72M1.05%-156,742Timeline
XNQPXNUVEEN PA INVT QUALITY MUN FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 72,700 shares; 2025Q1: 91,005 shares; 2025Q2: 81,904 shares; 2025Q3: 136,800 shares 136,800$1.64M1.01%+54,896Timeline
KBDCKAYNE ANDERSON BDC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 100,000 shares 100,000$1.33M0.82%newTimeline
HFROHIGHLAND OPPS & INCOME FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 550,000 shares; 2025Q1: 220,000 shares; 2025Q2: 198,000 shares; 2025Q3: 196,996 shares 196,996$1.25M0.77%-1,004Timeline
TYGTORTOISE ENERGY INFRSTRCTR CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: 5,589 shares; 2025Q2: 24,571 shares; 2025Q3: 28,932 shares 28,932$1.25M0.76%+4,361Timeline
SWZTOTAL RETURN SECURITIES FUNDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: 4,800 shares; 2025Q2: 150,058 shares; 2025Q3: 193,523 shares 193,523$1.18M0.72%+43,465Timeline
VTNINVESCO TR INVT GRADE NEW YOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 51,707 shares; 2025Q1: 68,304 shares; 2025Q2: 61,473 shares; 2025Q3: 106,729 shares 106,729$1.18M0.72%+45,256Timeline
AEFABRDN EMERGING MARKETS EX CHQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 38,500 shares; 2025Q1: 319,922 shares; 2025Q2: 285,052 shares; 2025Q3: 138,038 shares 138,038$894K0.55%-147,014Timeline
VPVINVESCO PA VALUE MUN INC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 37,874 shares; 2025Q1: 55,335 shares; 2025Q2: 49,802 shares; 2025Q3: 83,691 shares 83,691$865K0.53%+33,889Timeline
BRWSABA CAPITAL INCOME & OPRNTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: 220,009 shares; 2025Q2: 179,828 shares; 2025Q3: 110,000 shares 110,000$855K0.52%-69,828Timeline
XWIAXWESTERN ASSET INFLT LNK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 220,000 shares; 2025Q1: 238,928 shares; 2025Q2: 212,770 shares; 2025Q3: 99,842 shares 99,842$841K0.52%-112,928Timeline
XNEAXNUVEEN AMT FREE QLTY MUN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 75,000 shares; 2025Q1: 45,885 shares; 2025Q2: 41,296 shares; 2025Q3: 68,400 shares 68,400$779K0.48%+27,104Timeline
XAODXABRDN TOTAL DYNAMIC DIVIDENDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 410,000 shares; 2025Q1: 416,195 shares; 2025Q2: 311,250 shares; 2025Q3: 80,974 shares 80,974$766K0.47%-230,276Timeline
VKIINVESCO ADVANTAGE MUN INCOMEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 55,000 shares; 2025Q1: 55,885 shares; 2025Q2: 50,296 shares; 2025Q3: 85,500 shares 85,500$750K0.46%+35,204Timeline
EMOCLEARBRIDGE ENERGY MIDSTREAMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 16,500 shares; 2025Q1: 16,766 shares; 2025Q2: 13,724 shares; 2025Q3: 16,446 shares 16,446$739K0.45%+2,722Timeline
GBDCGOLUB CAP BDC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 50,000 shares 50,000$684K0.42%newTimeline
MXFMEXICO FD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 30,869 shares 30,869$608K0.37%newTimeline
RWTREDWOOD TRUST INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 95,000 shares 95,000$550K0.34%newTimeline
DMADESTRA MULTI-ALTERNATIVE FDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 59,006 shares 59,006$510K0.31%newTimeline
FMNFEDERATED HERMES PREM MUNI IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 23,564 shares; 2025Q1: 22,100 shares; 2025Q2: 19,890 shares; 2025Q3: 34,371 shares 34,371$379K0.23%+14,481Timeline
EATON VANCE NEW YORK MUN BDEATON VANCE NEW YORK MUN BDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 10,000 shares; 2025Q1: 10,177 shares; 2025Q2: 9,159 shares; 2025Q3: 36,942 shares 36,942$364K0.22%+27,783
EATON VANCE CALIFORNIA MUNI…EATON VANCE CALIFORNIA MUNI BOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: 1,000 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 17,623 shares 17,623$167K0.1%new
OXSQOXFORD SQUARE CAP CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not loaded; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 50,000 shares 50,000$79.5K0.05%newTimeline

Sold out in Q3 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
MRPMILLROSE PPTYS INC166,750$4.76Mshares
BTXBLACKROCK TECH AND PRIVATE E566,000$4.14Mshares
JFRNUVEEN FLOATING RATE INCOME60,460$510Kshares
VVRINVESCO SR INCOME TR126,360$480Kshares
HIXWESTERN ASSET HIGH INCOM FD89,829$387Kshares

How Q3 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001420506-25-002922 base2025-10-29acceptance time not in the bulk data set