Muzinich & Co is an investment fund managing more than $125 billion ran by Steven Kreinik. There are currently 36 companies in Mr. Kreinik’s portfolio. The largest investments include Ares Capital Corp and Blue Owl Capital Corporation, together worth $28.9 billion.
As of 31st July 2024, Muzinich & Co’s top holding is 860,058 shares of Ares Capital Corp currently worth over $17.9 billion and making up 14.4% of the portfolio value.
Relative to the number of outstanding shares of Ares Capital Corp, Muzinich & Co owns more than approximately 0.1% of the company.
In addition, the fund holds 711,724 shares of Blue Owl Capital Corporation worth $10.9 billion.
The third-largest holding is Golub Cap Bdc Inc worth $10.2 billion and the next is Fs Kkr Cap Corp worth $10.1 billion, with 514,439 shares owned.
Currently, Muzinich & Co's portfolio is worth at least $125 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Muzinich & Co office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Steven Kreinik serves as the Chief Compliance Officer at Muzinich & Co.
In the most recent 13F filing, Muzinich & Co revealed that it had increased its stake in
Ares Capital Corp and bought 49,069 additional shares worth around $1 million.
This means they effectively own approximately 0.1% of the company.
Ares Capital Corp makes up
47.3%
of the fund's Finance sector allocation and has grown its share price by 0.9% in the past year.
On the other hand, there are companies that Muzinich & Co is getting rid of from its portfolio.
Muzinich & Co closed its position in Prospect Cap Corp on 7th August 2024.
It sold the previously owned 32,901 shares for $197 million.
Steven Kreinik also disclosed a decreased stake in Blue Owl Capital Corporation by approximately 0.1%.
This leaves the value of the investment at $10.9 billion and 711,724 shares.
The two most similar investment funds to Muzinich & Co are Pacific Financial Group Inc and Clarity Capital Advisors. They manage $125 billion and $125 billion respectively.
Muzinich & Co’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Finance — making up 30.4% of
the total portfolio value.
The fund focuses on investments in the United States as
38.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
17% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $27.8 billion.
These positions were updated on August 7th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ares Capital Corp |
6.05%
860,058
|
$17,923,608,000 | 14.37% |
| Blue Owl Capital Corporation |
3.03%
711,724
|
$10,932,080,000 | 8.76% |
| Golub Cap Bdc Inc |
9.69%
651,377
|
$10,233,132,000 | 8.20% |
| Fs Kkr Cap Corp |
5.05%
514,439
|
$10,149,881,000 | 8.14% |
| Main Str Cap Corp |
3.55%
194,325
|
$9,811,469,000 | 7.86% |
| Blackstone Secd Lending Fd |
17.94%
302,981
|
$9,277,278,000 | 7.44% |
| Hercules Capital Inc |
1.80%
371,476
|
$7,596,684,000 | 6.09% |
| Sixth Street Specialty Lendi |
4.58%
326,080
|
$6,961,808,000 | 5.58% |
| Goldman Sachs BDC Inc |
11.93%
427,822
|
$6,430,164,000 | 5.15% |
| Bain Cap Specialty Fin Inc |
36.55%
324,011
|
$5,284,619,000 | 4.24% |
| Carlyle Secured Lending Inc |
2.71%
250,357
|
$4,441,333,000 | 3.56% |
| New Mtn Fin Corp |
16.65%
325,291
|
$3,981,561,000 | 3.19% |
| Oaktree Specialty Lending Co |
18.28%
196,730
|
$3,700,491,000 | 2.97% |
| Midcap Financial Invstmnt Co |
0.68%
185,653
|
$2,810,786,000 | 2.25% |
| Capital Southwest Corp. |
35.98%
101,955
|
$2,660,005,000 | 2.13% |
| BlackRock TCP Capital Corp |
23.68%
224,254
|
$2,421,943,000 | 1.94% |
| SLR Investment Corp |
3.21%
139,844
|
$2,250,089,000 | 1.80% |
| Barings BDC Inc |
28.84%
181,796
|
$1,768,875,000 | 1.42% |
| Crescent Cap Bdc Inc |
66.58%
80,766
|
$1,516,785,000 | 1.22% |
| Fidus Invt Corp |
3.54%
67,341
|
$1,311,802,000 | 1.05% |
| Stellus Cap Invt Corp |
4.78%
65,765
|
$902,953,000 | 0.72% |
| Pennantpark Floating Rate Ca |
No change
55,876
|
$644,809,000 | 0.52% |
| Prologis Inc |
5.10%
2,862
|
$321,431,000 | 0.26% |
| Equinix Inc |
No change
382
|
$289,021,000 | 0.23% |
| Digital Rlty Tr Inc |
No change
1,496
|
$227,466,000 | 0.18% |
| Prospect Cap Corp |
Closed
32,901
|
$197,077,000 | |
| American Tower Corp. |
23.78%
779
|
$151,422,000 | 0.12% |
| Simon Ppty Group Inc New |
99.73%
731
|
$110,965,000 | 0.09% |
| Host Hotels Resorts Inc |
No change
6,047
|
$108,725,000 | 0.09% |
| Alexandria Real Estate Eq In |
No change
758
|
$88,663,000 | 0.07% |
| Equity Residential |
No change
1,256
|
$87,091,000 | 0.07% |
| Extra Space Storage Inc. |
No change
548
|
$85,164,000 | 0.07% |
| Iron Mtn Inc Del |
41.57%
831
|
$74,474,000 | 0.06% |
| American Homes 4 Rent |
No change
1,805
|
$67,073,000 | 0.05% |
| Crown Castle Inc |
43.07%
563
|
$55,005,000 | 0.04% |
| Avalonbay Cmntys Inc |
No change
251
|
$51,929,000 | 0.04% |
| Healthcare Rlty Tr |
Closed
2,179
|
$37,544,000 | |
| Essex Ppty Tr Inc |
No change
116
|
$31,575,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 38 holdings | |||