Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in NCDL held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Blue Owl Capital Holdings LP | 2.1M | $27.3M | 0.0% | 4.340% | 7.33% |
| 2 | Corient Private Wealth LLC | 1.7M | $22.0M | -9.0% | 3.508% | 0.03% |
| 3 | Diameter Capital Partners LP | 1.4M | $17.5M | +13.0% | 2.793% | 5.01% |
| 4 | BROWN BROTHERS HARRIMAN & CO | 922K | $11.7M | +171.2% | 1.867% | 0.06% |
| 5 | Invesco Ltd. | 894K | $11.4M | +20.4% | 1.809% | 0.00% |
| 6 | UBS Group AG | 682K | $8.7M | -1.0% | 1.381% | 0.00% |
| 7 | TWO SIGMA INVESTMENTS, LP | 631K | $8.0M | +33.3% | 1.277% | 0.01% |
| 8 | Opal Wealth Advisors, LLC | 625K | $8.0M | +13.3% | 1.266% | 1.80% |
| 9 | ARES MANAGEMENT LLC | 575K | $7.3M | +59.3% | 1.164% | 0.48% |
| 10 | Callodine Capital Management, LP | 450K | $5.7M | -18.1% | 0.911% | 0.40% |
| 11 | MORGAN STANLEY | 369K | $4.7M | -20.2% | 0.748% | 0.00% |
| 12 | STIFEL FINANCIAL CORP | 336K | $4.3M | -4.8% | 0.680% | 0.00% |
| 13 | WELLS FARGO & COMPANY/MN | 311K | $4.0M | -11.5% | 0.630% | 0.00% |
| 14 | Nuveen, LLC | 227K | $2.9M | +3.4% | 0.459% | 0.00% |
| 15 | Bulldog Investors, LLP | 225K | $2.9M | +29.6% | 0.455% | 0.64% |
| 16 | AMERIPRISE FINANCIAL INC | 208K | $2.6M | +38.4% | 0.420% | 0.00% |
| 17 | Trexquant Investment LP | 202K | $2.6M | +1.6% | 0.410% | 0.02% |
| 18 | GraniteShares Advisors LLC | 175K | $2.2M | -10.3% | 0.355% | 1.61% |
| 19 | RENAISSANCE TECHNOLOGIES LLC | 152K | $1.9M | +28.7% | 0.308% | 0.00% |
| 20 | BANK OF AMERICA CORP /DE/ | 148K | $1.9M | +23.3% | 0.299% | 0.00% |
| 21 | GOLDMAN SACHS GROUP INC | 126K | $1.6M | +2.1% | 0.254% | 0.00% |
| 22 | Aprio Wealth Management, LLC | 116K | $1.5M | +1.2% | 0.236% | 0.08% |
| 23 | MILLENNIUM MANAGEMENT LLC | 112K | $1.4M | +189.2% | 0.227% | 0.00% |
| 24 | Vise Technologies, Inc. | 95K | $1.3M | 0.0% | 0.193% | 0.02% |
| 25 | JANE STREET GROUP, LLC | 98K | $1.2M | β | 0.198% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in NCDL β a direct measure of their conviction.
Filings activity in NCDL during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new NCDL position in Q1 2026
Institutions that fully closed their NCDL position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 66 | 20% | 28.63% | 1.07 pp | $181M | 3.6% |
| Q4 2025 | 82 | +7.9% | 29.70% | +2.65 pp | $187M | +9.8% |
| Q3 2025 | 76 | +5.6% | 27.05% | 5.32 pp | $171M | 16% |
| Q2 2025 | 72 | 8.9% | 32.37% | 5.69 pp | $204M | 15% |
| Q1 2025 | 79 | 1.3% | 38.06% | 3.32 pp | $240M | 8.0% |
| Q4 2024 | 80 | +60% | 41.38% | +9.37 pp | $261M | +29% |
| Q3 2024 | 50 | +28% | 32.01% | +19.88 pp | $202M | +164% |
| Q2 2024 | 39 | β | 12.13% | β | $77M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying NCDL stock.
Based on Q1 2026 13F filings, institutional ownership of Nuveen Churchill Direct Lending Corp. stands at 28.6%, held across 66 reporting institutions.
Blue Owl Capital Holdings LP is the largest reported institutional holder of NCDL, with approximately 2,143,626 shares worth $0.03B as of Q1 2026.
Yes β 4 widely-followed marquee investors appear among the top 25 institutional holders of NCDL, including TWO SIGMA INVESTMENTS, LP, RENAISSANCE TECHNOLOGIES LLC, MILLENNIUM MANAGEMENT LLC, JANE STREET GROUP, LLC.
Our composite Smart Money Score for NCDL is 40 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
10 institutions opened new positions in NCDL during Q1 2026, while 26 fully exited. 17 added to existing positions and 38 trimmed.
NCDL institutional ownership fell by 1.07 percentage points quarter-over-quarter, with a net change of -16 holders.
The top 10 institutions account for 70.7% of all reported 13F value in NCDL, and the top 25 account for 91.1%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Nuveen Churchill Direct Lending Corp. (NCDL) Institutional Ownership