Muzinich & Co., Inc. Hedge Fund

Location: New York, NY

CIK: 0001618824 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 20, 2025

Total Value: $259M (100.0% shares, 0.0% debt)

Holdings (39)

ARCC ARES CAPITAL CORP 12.9%

Value $33.47M Shares 1,640,113 Share Price $20.41 * Est. Cost/Share $13.73 Unrealized @ Report Date +45.2%

OBDC BLUE OWL CAPITAL CORPORATION 9.6%

Value $24.92M Shares 1,951,061 Share Price $12.77 * Est. Cost/Share $11.59 Unrealized @ Report Date +7.0%

BXSL BLACKSTONE SECD LENDING FD 9.1%

Value $23.67M Shares 908,067 Share Price $26.07 * Est. Cost/Share $24.44 Unrealized @ Report Date +3.7%

MAIN MAIN STR CAP CORP 9.0%

Value $23.35M Shares 367,140 Share Price $63.59 Est. Cost/Share $46.18 Unrealized @ Report Date +37.7%

GBDC GOLUB CAP BDC INC 8.6%

Value $22.25M Shares 1,625,636 Share Price $13.69 * Est. Cost/Share $11.58 Unrealized @ Report Date +15.0%

HTGC HERCULES CAPITAL INC 7.3%

Value $18.77M Shares 992,820 Share Price $18.91 Est. Cost/Share $16.79 Unrealized @ Report Date +12.6%

TSLX SIXTH STREET SPECIALTY LENDI 6.6%

Value $17.08M Shares 746,958 Share Price $22.86 Est. Cost/Share $20.13 Unrealized @ Report Date +13.5%

FSK FS KKR CAP CORP 5.2%

Value $13.35M Shares 894,437 Share Price $14.93 * Est. Cost/Share $11.98 Unrealized @ Report Date +19.1%

MSDL MORGAN STANLEY DIRECT LENDIN 3.6%

Value $9.401M Shares 584,621 Share Price $16.08 * Est. Cost/Share $17.77 Unrealized @ Report Date -12.2%

BCSF BAIN CAP SPECIALTY FIN INC 3.6%

Value $9.227M Shares 647,534 Share Price $14.25 * Est. Cost/Share $11.71 Unrealized @ Report Date +15.4%

GSBD GOLDMAN SACHS BDC INC 3.0%

Value $7.793M Shares 766,299 Share Price $10.17 Est. Cost/Share $15.80 Unrealized @ Report Date -35.6%

MFIC MIDCAP FINANCIAL INVSTMNT CO 2.6%

Value $6.853M Shares 571,520 Share Price $11.99 * Est. Cost/Share $10.10 Unrealized @ Report Date +15.0%

NMFC NEW MTN FIN CORP 2.5%

Value $6.469M Shares 671,056 Share Price $9.64 * Est. Cost/Share $7.98 Unrealized @ Report Date +16.8%

CGBD CARLYLE SECURED LENDING INC 2.4%

Value $6.249M Shares 499,918 Share Price $12.50 * Est. Cost/Share $10.38 Unrealized @ Report Date +16.6%

CSWC CAPITAL SOUTHWEST CORP 2.3%

Value $5.974M Shares 273,265 Share Price $21.86 * Est. Cost/Share $18.78 Unrealized @ Report Date +11.1%

SLRC SLR INVESTMENT CORP 2.3%

Value $5.948M Shares 389,013 Share Price $15.29 * Est. Cost/Share $12.90 Unrealized @ Report Date +15.4%

FDUS FIDUS INVT CORP 1.9%

Value $5.013M Shares 247,443 Share Price $20.26 * Est. Cost/Share $15.72 Unrealized @ Report Date +25.6%

OCSL OAKTREE SPECIALTY LENDING CO 1.7%

Value $4.318M Shares 330,906 Share Price $13.05 Est. Cost/Share $17.65 Unrealized @ Report Date -26.0%

BBDC BARINGS BDC INC 1.6%

Value $4.258M Shares 486,098 Share Price $8.76 * Est. Cost/Share $7.55 Unrealized @ Report Date +12.7%

SCM STELLUS CAP INVT CORP 1.0%

Value $2.702M Shares 206,893 Share Price $13.06 Est. Cost/Share $13.49 Unrealized @ Report Date -3.2%

CCAP CRESCENT CAP BDC INC 0.8%

Value $1.951M Shares 136,796 Share Price $14.26 * Est. Cost/Share $13.76 Unrealized @ Report Date +0.6%

TCPC BLACKROCK TCP CAPITAL CORP 0.7%

Value $1.752M Shares 282,537 Share Price $6.20 Est. Cost/Share $11.75 Unrealized @ Report Date -47.2%

PFLT PENNANTPARK FLOATING RATE CA 0.6%

Value $1.519M Shares 170,836 Share Price $8.89 * Est. Cost/Share $8.14 Unrealized @ Report Date +3.2%

UTZ UTZ BRANDS INC 0.2%

Value $425K Shares 35,000 Share Price $12.15 Est. Cost/Share — Unrealized @ Report Date —

COLD AMERICOLD REALTY TRUST INC 0.1%

Value $367K Shares 30,000 Share Price $12.24 Est. Cost/Share — Unrealized @ Report Date —

EQIX EQUINIX INC 0.1%

Value $299K Shares 382 Share Price $783.24 Est. Cost/Share $545.33 Unrealized @ Report Date +42.8%

DLR DIGITAL RLTY TR INC 0.1%

Value $259K Shares 1,496 Share Price $172.88 Est. Cost/Share $97.81 Unrealized @ Report Date +75.4%

PLD PROLOGIS INC. 0.1%

Value $212K Shares 1,852 Share Price $114.52 Est. Cost/Share $82.75 Unrealized @ Report Date +37.3%

IRM IRON MTN INC DEL 0.1%

Value $150K Shares 1,472 Share Price $101.94 Est. Cost/Share $82.42 Unrealized @ Report Date +22.4%

AMT AMERICAN TOWER CORP NEW 0.1%

Value $150K Shares 779 Share Price $192.32 Est. Cost/Share $151.43 Unrealized @ Report Date +25.8%

SPG SIMON PPTY GROUP INC NEW 0.1%

Value $137K Shares 731 Share Price $187.67 Est. Cost/Share $116.36 Unrealized @ Report Date +59.3%

HST HOST HOTELS & RESORTS INC 0.0%

Value $103K Shares 6,047 Share Price $17.02 Est. Cost/Share $14.63 Unrealized @ Report Date +14.1%

EQR EQUITY RESIDENTIAL 0.0%

Value $81,300 Shares 1,256 Share Price $64.73 Est. Cost/Share $59.75 Unrealized @ Report Date +7.2%

EXR EXTRA SPACE STORAGE INC 0.0%

Value $77,235 Shares 548 Share Price $140.94 Est. Cost/Share $139.23 Unrealized @ Report Date +0.0%

CCI CROWN CASTLE INC 0.0%

Value $75,937 Shares 787 Share Price $96.49 Est. Cost/Share $95.12 Unrealized @ Report Date +0.3%

AMH AMERICAN HOMES 4 RENT 0.0%

Value $60,016 Shares 1,805 Share Price $33.25 Est. Cost/Share $34.48 Unrealized @ Report Date —

AVB AVALONBAY CMNTYS INC 0.0%

Value $48,485 Shares 251 Share Price $193.17 Est. Cost/Share $150.19 Unrealized @ Report Date +27.4%

ESS ESSEX PPTY TR INC 0.0%

Value $31,048 Shares 116 Share Price $267.66 Est. Cost/Share $193.05 Unrealized @ Report Date +37.3%

BXP BXP INC 0.0%

Value $27,134 Shares 365 Share Price $74.34 Est. Cost/Share $69.22 Unrealized @ Report Date +6.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ARCC	ARES CAPITAL CORP	1,640,113	$33.47M	12.9%	$20.41 *	$13.73	+45.2%	COM	04010L103
OBDC	BLUE OWL CAPITAL CORPORATION	1,951,061	$24.92M	9.6%	$12.77 *	$11.59	+7.0%	COM	69121K104
BXSL	BLACKSTONE SECD LENDING FD	908,067	$23.67M	9.1%	$26.07 *	$24.44	+3.7%	COMMON STOCK	09261X102
MAIN	MAIN STR CAP CORP	367,140	$23.35M	9.0%	$63.59	$46.18	+37.7%	COM	56035L104
GBDC	GOLUB CAP BDC INC	1,625,636	$22.25M	8.6%	$13.69 *	$11.58	+15.0%	COM	38173M102
HTGC	HERCULES CAPITAL INC	992,820	$18.77M	7.3%	$18.91	$16.79	+12.6%	COM	427096508
TSLX	SIXTH STREET SPECIALTY LENDI	746,958	$17.08M	6.6%	$22.86	$20.13	+13.5%	COM	83012A109
FSK	FS KKR CAP CORP	894,437	$13.35M	5.2%	$14.93 *	$11.98	+19.1%	COM	302635206
MSDL	MORGAN STANLEY DIRECT LENDIN	584,621	$9.401M	3.6%	$16.08 *	$17.77	-12.2%	COM SHS	61774A103
BCSF	BAIN CAP SPECIALTY FIN INC	647,534	$9.227M	3.6%	$14.25 *	$11.71	+15.4%	COM STK	05684B107
GSBD	GOLDMAN SACHS BDC INC	766,299	$7.793M	3.0%	$10.17	$15.80	-35.6%	SHS	38147U107
MFIC	MIDCAP FINANCIAL INVSTMNT CO	571,520	$6.853M	2.6%	$11.99 *	$10.10	+15.0%	COM NEW	03761U502
NMFC	NEW MTN FIN CORP	671,056	$6.469M	2.5%	$9.64 *	$7.98	+16.8%	COM	647551100
CGBD	CARLYLE SECURED LENDING INC	499,918	$6.249M	2.4%	$12.50 *	$10.38	+16.6%	COM	872280102
CSWC	CAPITAL SOUTHWEST CORP	273,265	$5.974M	2.3%	$21.86 *	$18.78	+11.1%	COM	140501107
SLRC	SLR INVESTMENT CORP	389,013	$5.948M	2.3%	$15.29 *	$12.90	+15.4%	COM	83413U100
FDUS	FIDUS INVT CORP	247,443	$5.013M	1.9%	$20.26 *	$15.72	+25.6%	COM	316500107
OCSL	OAKTREE SPECIALTY LENDING CO	330,906	$4.318M	1.7%	$13.05	$17.65	-26.0%	COM	67401P405
BBDC	BARINGS BDC INC	486,098	$4.258M	1.6%	$8.76 *	$7.55	+12.7%	COM	06759L103
SCM	STELLUS CAP INVT CORP	206,893	$2.702M	1.0%	$13.06	$13.49	-3.2%	COM	858568108
CCAP	CRESCENT CAP BDC INC	136,796	$1.951M	0.8%	$14.26 *	$13.76	+0.6%	COM	225655109
TCPC	BLACKROCK TCP CAPITAL CORP	282,537	$1.752M	0.7%	$6.20	$11.75	-47.2%	COM	09259E108
PFLT	PENNANTPARK FLOATING RATE CA	170,836	$1.519M	0.6%	$8.89 *	$8.14	+3.2%	COM	70806A106
UTZ	UTZ BRANDS INC	35,000	$425K	0.2%	$12.15	—	—	Call	918090101
COLD	AMERICOLD REALTY TRUST INC	30,000	$367K	0.1%	$12.24	—	—	Call	03064D108
EQIX	EQUINIX INC	382	$299K	0.1%	$783.24	$545.33	+42.8%	COM	29444U700
DLR	DIGITAL RLTY TR INC	1,496	$259K	0.1%	$172.88	$97.81	+75.4%	COM	253868103
PLD	PROLOGIS INC.	1,852	$212K	0.1%	$114.52	$82.75	+37.3%	COM	74340W103
IRM	IRON MTN INC DEL	1,472	$150K	0.1%	$101.94	$82.42	+22.4%	COM	46284V101
AMT	AMERICAN TOWER CORP NEW	779	$150K	0.1%	$192.32	$151.43	+25.8%	COM	03027X100
SPG	SIMON PPTY GROUP INC NEW	731	$137K	0.1%	$187.67	$116.36	+59.3%	COM	828806109
HST	HOST HOTELS & RESORTS INC	6,047	$103K	0.0%	$17.02	$14.63	+14.1%	COM	44107P104
EQR	EQUITY RESIDENTIAL	1,256	$81,300	0.0%	$64.73	$59.75	+7.2%	SH BEN INT	29476L107
EXR	EXTRA SPACE STORAGE INC	548	$77,235	0.0%	$140.94	$139.23	+0.0%	COM	30225T102
CCI	CROWN CASTLE INC	787	$75,937	0.0%	$96.49	$95.12	+0.3%	COM	22822V101
AMH	AMERICAN HOMES 4 RENT	1,805	$60,016	0.0%	$33.25	$34.48	—	CL A	02665T306
AVB	AVALONBAY CMNTYS INC	251	$48,485	0.0%	$193.17	$150.19	+27.4%	COM	053484101
ESS	ESSEX PPTY TR INC	116	$31,048	0.0%	$267.66	$193.05	+37.3%	COM	297178105
BXP	BXP INC	365	$27,134	0.0%	$74.34	$69.22	+6.3%	COM	101121101