Great Elm Capital · filed 2024-08-01
Total Fair Value
$762.17M
110 holdings
Unrealized P/L
-$248.05M
-24.55% vs cost
W. Avg Spread
—
debt, FV-weighted
W. Avg Coupon
11.60%
debt, FV-weighted
% First Lien
15.6%
by fair value
Non-Accrual
0
text-detected
Investment Type Allocation
Fair value by type
Industry Concentration
Top 10 industries by fair value
$762M
Total Fair Value
- Investments at Fair Value39.1%
- Unclassified19.2%
- Specialty Finance5.9%
- Structured Finance3.7%
- Chemicals3.3%
- Transportation Equipment Manufacturing3.2%
- Consumer Products2.8%
- Insurance2.7%
- Short-Term Investments2.7%
- Technology2.5%
- Other industries15.0%
Spread Distribution
Floating-rate debt holdings by 50bp spread bucket
No floating-rate debt in this filing.
All holdings
Sortable, click headers to re-sort
110 of 110
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
TOTAL INVESTMENTS | — | — | $318.08M | $336.74M | -$18.66M | — | — | — |
Total Investments excluding Short-Term Investments | Investments at Fair Value | — | $297.65M | $316.31M | -$18.66M | — | — | — |
Great Elm Specialty Finance, LLC 3100 West End Ave, Suite 750 Nashville, TN 37203 | Specialty Finance | Subordinated Note | $29.73M | $29.73M | $0.00 | 13.00% | — | 2026-06-30 |
CLO Formation JV, LLC 800 South Street Suite 230 Waltham, MA 02453 | Structured Finance | Common Equity | $28.09M | $28.15M | -$60.0K | — | — | — |
Total Short-Term Investments | — | — | $20.43M | $20.43M | -$2.0K | — | — | — |
Short-Term Investments United States Treasury Industry | Short-Term Investments | Security Treasury Bill | $19.92M | $19.92M | -$2.0K | 0.00% | — | — |
Great Elm Specialty Finance, LLC 3100 West End Ave, Suite 750 Nashville, TN 37203 | Specialty Finance | Common Equity | $15.03M | $17.57M | -$2.54M | — | — | — |
Coreweave Compute Acquisition Co. II, LLC 101 Eisenhower Parkway, Suite 106 Roseland, NJ 07068 | Technology | 1st Lien, Secured Loan | $12.62M | $12.18M | $446.0K | 14.95% | — | — |
First Brands, Inc. 3255 West Hamlin Road Rochester Hills, MI 48309 | Transportation Equipment Manufacturing | 2nd Lien, Secured Loan | $12.38M | $12.24M | $135.0K | 14.14% | — | — |
American Coastal Insurance Corp. 800 2nd Avenue S. Saint Petersburg, FL 33701 | Insurance | Unsecured Bond | $12.14M | $7.59M | $4.54M | 7.25% | — | 2027-12-15 |
Blackstone Secured Lending 345 Park Avenue New York, NY 10154 | Closed-End Fund | Common Stock | $9.62M | $9.98M | -$368.0K | — | — | — |
NICE-PAK Products, Inc. Two Nice-Pak Park Orangeburg, NY 10962 | Consumer Products | Secured Loan B | $9.18M | $8.92M | $262.0K | 18.10% | — | — |
Vi-Jon 8800 Page Avenue St. Louis, MO 63114 | Consumer Products | 1st Lien, Secured Loan | $8.75M | $8.70M | $52.0K | 15.59% | — | — |
Harvey Gulf Holdings LLC 701 Poydras Street, Suite 3700 New Orleans, LA 70139 | Shipping | Secured Loan B | $8.75M | $8.71M | $41.0K | 12.40% | — | — |
Universal Fiber Systems 640 State Street Bristol, TN 37620 | Chemicals | Term Loan B | $8.03M | $8.13M | -$103.0K | 18.25% | — | — |
Research Now Group, Inc. n/k/a Dynata, LLC 5800 Tennyson Parkway Suite 600 Plano, TX 75024 | Internet Media | 1st Lien, Secured Revolver | $7.84M | $10.00M | -$2.16M | 10.07% | — | — |
First Brands, Inc. 3255 West Hamlin Road Rochester Hills, MI 48309 | Transportation Equipment Manufacturing | 1st Lien, Secured Loan | $7.58M | $7.52M | $68.0K | 10.59% | — | — |
Greenfire Resources Ltd. 205 5th Avenue SW, Suite 1900 Calgary, AB T2P 2V7 Canada | Oil & Gas Exploration & Production | 1st Lien, Secured Bond | $6.94M | $6.38M | $556.0K | 12.00% | — | 2028-10-01 |
ProFrac Holdings II, LLC 333 Shops Boulevard Suite 301 Weatherford, Texas 76087 | Energy Services | 1st Lien, Secured Loan | $6.72M | $6.67M | $47.0K | 12.81% | — | — |
CW Opportunity 2 LP 1603 Orrington Avenue, 13th Floor Evanston, IL 60201 | Technology | Private Fund | $6.07M | $6.00M | $66.0K | — | — | — |
Florida Marine, LLC 2360 5th Street Mendeville, LA 70471 | Shipping | 1st Lien, Secured Loan | $5.99M | $5.66M | $328.0K | 13.86% | — | — |
Foresight Energy 211 North Broadway, Suite 2600 St. Louis, MO 63102 | Metals & Mining | 1st Lien, Secured Loan | $5.93M | $5.96M | -$25.0K | 13.43% | — | — |
Manchester Acquisition Sub, LLC 251 Little Falls Drive, Wilmington, DE 19808 | Chemicals | 1st Lien, Secured Loan | $5.67M | $5.66M | $4.0K | 11.25% | — | — |
Trouvaille Re Ltd. 1700 City Plaza Drive, Suite 200 Spring, TX 77389 | Insurance | Preference Shares | $5.00M | $5.00M | $0.00 | — | — | — |
W&T Offshore, Inc. 5718 Westheimer Road, Suite 700 Houston, TX 77057 | Oil & Gas Exploration & Production | 2nd Lien, Secured Bond | $4.95M | $4.82M | $137.0K | 11.75% | — | 2026-02-01 |
Flexsys Holdings 260 Springside Drive Akron, OH 44333 | Chemicals | 1st Lien, Secured Loan | $4.64M | $4.06M | $581.0K | 10.85% | — | — |
Blue Ribbon, LLC 110 E Houston St. San Antonio, TX 78205 | Food & Staples | 1st Lien, Secured Loan | $4.36M | $4.47M | -$104.0K | 11.57% | — | — |
Maverick Gaming LLC 12530 NE 144th Street Kirkland, WA 98034 | Casinos & Gaming | 1st Lien, Secured Loan | $4.29M | $5.95M | -$1.66M | 12.80% | — | — |
Avation Capital SA 65 Kampong Bahru Road, #01-01 Singapore 169370 | Aircraft | 2nd Lien, Secured Bond | $4.24M | $4.30M | -$59.0K | 8.25% | — | 2026-10-31 |
ADS Tactical, Inc. 621 Lynnhaven Parkway Suite 160 Virginia Beach, VA 23452 | Defense | 1st Lien, Secured Loan | $3.86M | $3.85M | $7.0K | 13.25% | — | — |
Mad Engine Global, LLC 6740 Cobra Way San Diego, CA, 92121 | Apparel | 1st Lien, Secured Loan | $3.68M | $4.30M | -$625.0K | 12.60% | — | — |
Stone Ridge Opportunities Fund L.P. One Vanderbilt Ave., 65th Floor New York, NY 10017 | Insurance | Private Fund | $3.32M | $2.38M | $940.0K | — | — | — |
Eagle Point Credit Company Inc 600 Steamboat Road, Suite 202 Greenwich, CT 06830 | Closed-End Fund | Common Stock | $3.02M | $3.09M | -$75.0K | — | — | — |
FS KKR Capital Corp. 201 Rouse Boulevard Philadelphia, PA 19112 | Closed-End Fund | Common Stock | $2.96M | $3.04M | -$82.0K | — | — | — |
Universal Fiber Systems 640 State Street Bristol, TN 37620 | Chemicals | Term Loan C | $2.92M | $3.13M | -$208.0K | 18.25% | — | — |
Spencer Spirit Holdings, Inc. 6826 E Black Horse Pike Egg Harbor Township, NJ 08234 | Retail | 1st Lien, Secured Loan | $2.68M | $2.68M | $0.00 | 10.83% | — | — |
CSC Serviceworks 35 Pinelawn Road, Suite 120 Melville, NY 11747 | Consumer Services | 1st Lien, Secured Loan | $2.52M | $2.60M | -$77.0K | 9.60% | — | — |
Lummus Technology Holdings 5825 N. Sam Houston Parkway West, #600 Houston, TX 77086 | Chemicals | Unsecured Bond | $2.52M | $2.13M | $394.0K | 9.00% | — | 2028-07-01 |
NICE-PAK Products, Inc. Two Nice-Pak Park Orangeburg, NY 10962 | Consumer Products | Warrants | $2.32M | — | — | — | — | — |
PowerStop LLC 6112 W 73rd Street Bedford Park, IL 60638 | Transportation Equipment Manufacturing | 1st Lien, Secured Loan | $2.27M | $2.14M | $127.0K | 10.20% | — | — |
Summit Midstream Holdings, LLC 910 Louisiana Street, Suite 4200 Houston, TX 77002 | Energy Midstream | 2nd Lien, Secured Bond | $2.06M | $1.92M | $136.0K | 9.50% | — | 2026-10-15 |
EPIC Crude Services LP 18615 Tuscany Stone, Suite 300 San Antonio, TX 78258 | Energy Midstream | 1st Lien, Secured Loan | $2.00M | $2.00M | -$1.0K | 10.61% | — | — |
Arcline FM Holdings, LLC 655 3rd Street, Suite 301 Beloit, WI 53511 | Defense | 1st Lien, Secured Loan | $1.99M | $1.99M | $1.0K | 10.35% | — | — |
Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville, TN 37804 | Restaurants | 1st Lien, Secured Loan | $1.90M | $1.92M | -$26.0K | 17.44% | — | — |
Crown Subsea Communications Holding, Inc. 250 Industrial Way West Eatontown, NJ 07724 | Telecommunications | 1st Lien, Secured Loan | $1.80M | $1.78M | $18.0K | 10.08% | — | — |
First Brands, Inc. 3255 West Hamlin Road Rochester Hills, MI 48309 | Transportation Equipment Manufacturing | 1st Lien, Secured Loan | $1.78M | $1.78M | $4.0K | 10.59% | — | — |
Loparex LLC 1255 Crescent Green Suite 400 Cary, NC 27518 | Industrial | 1st Lien, Secured Loan | $1.77M | $1.77M | $0.00 | 11.35% | — | — |
Thryv, Inc. 2200 West Airfield Drive PO Box 619810 Dallas, TX 75261 | Marketing Services | 1st Lien, Secured Loan | $1.76M | $1.71M | $44.0K | 12.09% | — | — |
TruGreen Limited Partnership 1790 Kirby Parkway Suite 300 Memphis, TN 38138 | Consumer Services | 1st Lien, Secured Loan | $1.74M | $1.71M | $24.0K | 9.44% | — | — |
Advancion 1500 E Lake Cook Rd Buffalo Grove, IL 60089 | Chemicals | 2nd Lien, Secured Loan | $1.54M | $1.52M | $19.0K | 13.19% | — | — |
Maverick Gaming LLC 12530 NE 144th Street Kirkland, WA 98034 | Casinos & Gaming | 1st Lien, Secured Loan | $1.48M | $1.48M | $0.00 | 12.80% | — | — |
NICE-PAK Products, Inc. Two Nice-Pak Park Orangeburg, NY 10962 | Consumer Products | Promissory Note | $1.45M | — | — | — | — | 2029-09-30 |
New Wilkie Energy Pty Limited 56 Pitt Street Sydney, New South Wales 2000, Australia | Metals & Mining | 1st Lien, Secured Loan | $1.23M | $4.82M | -$3.59M | — | — | 2026-04-06 |
New Wilkie Energy Pty Limited 56 Pitt Street Sydney, New South Wales 2000, Australia | Metals & Mining | SS Working Capital Facility | $1.11M | $1.10M | $14.0K | 16.00% | — | 2024-08-16 |
LSF9 Atlantis Holdings, LLC 2017 Fiesta Drive, Suite 201 Sarasota, FL 34231 | Retail | 1st Lien, Secured Loan | $988.0K | $989.0K | -$1.0K | 11.83% | — | — |
Creation Technologies, Inc. One Beacon Street, 23rd Floor Boston, MA 02108 | Electronics Manufacturing | 1st Lien, Secured Loan | $951.0K | $970.0K | -$19.0K | 11.07% | — | — |
Form Technologies, LLC 11325 N Community House Road, Suite 300 Charlotte, NC 28277 | Industrial | 1st Lien, Secured Loan | $950.0K | $955.0K | -$5.0K | 10.20% | — | — |
Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville, TN 37804 | Restaurants | Warrants | $906.0K | — | — | — | — | — |
GrafTech Global Enterprises Inc. 982 Keynote Circle Brooklyn Heights, OH 44131 | Industrial | 1st Lien, Secured Bond | $737.0K | $754.0K | -$17.0K | 9.88% | — | 2028-12-15 |
TruGreen Limited Partnership 1790 Kirby Parkway Suite 300 Memphis, TN 38138 | Consumer Services | 2nd Lien, Secured Loan | $701.0K | $700.0K | $1.0K | 14.09% | — | — |
Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville, TN 37804 | Restaurants | 1st Lien, Secured Loan | $666.0K | $666.0K | $0.00 | 21.44% | — | — |
Short-Term Investments MFB Northern Inst Funds Treas Portfolio Premier CL Industry | Short-Term Investments | Security Money Market | $514.0K | $514.0K | $0.00 | 0.00% | — | — |
ECL Entertainment, LLC 8978 Spanish Ridge Ave Las Vegas, NV 89148 | Casinos & Gaming | 1st Lien, Secured Loan | $401.0K | $399.0K | $2.0K | 9.34% | — | — |
Coreweave Compute Acquisition Co. IV, LLC 101 Eisenhower Parkway, Suite 106 Roseland, NJ 07068 | Technology | 1st Lien, Secured Loan | $309.0K | $309.0K | $0.00 | 11.33% | — | — |
Research Now Group, Inc. n/k/a Dynata, LLC 5800 Tennyson Parkway Suite 600 Plano, TX 75024 | Internet Media | 1st Lien, DIP Loan | $308.0K | $302.0K | $6.0K | 14.21% | — | — |
Research Now Group, Inc. n/k/a Dynata, LLC 5800 Tennyson Parkway Suite 600 Plano, TX 75024 | Internet Media | 2nd Lien, Secured Loan | $289.0K | $7.98M | -$7.69M | 0.00% | — | — |
New Wilkie Energy Pty Limited 56 Pitt Street Sydney, New South Wales 2000, Australia | Metals & Mining | Super Senior Receivership Loan | $99.0K | $90.0K | $9.0K | 15.00% | — | 2024-08-29 |
Universal Fiber Systems 640 State Street Bristol, TN 37620 | Chemicals | Warrants | $84.0K | — | — | — | — | — |
TRU Taj Trust 505 Park Avenue, 2nd Floor New York, NY 10022 | Retail | Common Equity | $49.0K | $611.0K | -$562.0K | — | — | — |
PFS Holdings Corp. 3747 Hecktown Road Easton, PA 18045 | Food & Staples | Common Equity | $0.00 | $12.38M | -$12.38M | — | — | — |
Other Liabilities in Excess of Net Assets | — | — | -$192.07M | — | — | — | — | — |
ADS Tactical, Inc. 621 Lynnhaven Parkway Suite 160 Virginia Beach, VA 23452 | Defense | 1st Lien, Secured Loan | — | — | — | 4.75% | — | — |
Advancion 1500 E Lake Cook Rd Buffalo Grove, IL 60089 | Chemicals | 2nd Lien, Secured Loan | — | — | — | 7.75% | — | — |
Arcline FM Holdings, LLC 655 3rd Street, Suite 301 Beloit, WI 53511 | Defense | 1st Lien, Secured Loan | — | — | — | 4.75% | — | — |
Blue Ribbon, LLC 110 E Houston St. San Antonio, TX 78205 | Food & Staples | 1st Lien, Secured Loan | — | — | — | 6.00% | — | — |
CSC Serviceworks 35 Pinelawn Road, Suite 120 Melville, NY 11747 | Consumer Services | 1st Lien, Secured Loan | — | — | — | 4.00% | — | — |
Coreweave Compute Acquisition Co. II, LLC 101 Eisenhower Parkway, Suite 106 Roseland, NJ 07068 | Technology | 1st Lien, Secured Loan | — | — | — | 9.62% | — | — |
Coreweave Compute Acquisition Co. IV, LLC 101 Eisenhower Parkway, Suite 106 Roseland, NJ 07068 | Technology | 1st Lien, Secured Loan | — | — | — | 6.00% | — | — |
Creation Technologies, Inc. One Beacon Street, 23rd Floor Boston, MA 02108 | Electronics Manufacturing | 1st Lien, Secured Loan | — | — | — | 5.50% | — | — |
Crown Subsea Communications Holding, Inc. 250 Industrial Way West Eatontown, NJ 07724 | Telecommunications | 1st Lien, Secured Loan | — | — | — | 4.75% | — | — |
ECL Entertainment, LLC 8978 Spanish Ridge Ave Las Vegas, NV 89148 | Casinos & Gaming | 1st Lien, Secured Loan | — | — | — | 4.00% | — | — |
EPIC Crude Services LP 18615 Tuscany Stone, Suite 300 San Antonio, TX 78258 | Energy Midstream | 1st Lien, Secured Loan | — | — | — | 5.00% | — | — |
First Brands, Inc. 3255 West Hamlin Road Rochester Hills, MI 48309 | Transportation Equipment Manufacturing | 2nd Lien, Secured Loan | — | — | — | 8.50% | — | — |
First Brands, Inc. 3255 West Hamlin Road Rochester Hills, MI 48309 | Transportation Equipment Manufacturing | 1st Lien, Secured Loan | — | — | — | 5.00% | — | — |
Flexsys Holdings 260 Springside Drive Akron, OH 44333 | Chemicals | 1st Lien, Secured Loan | — | — | — | 5.25% | — | — |
Florida Marine, LLC 2360 5th Street Mendeville, LA 70471 | Shipping | 1st Lien, Secured Loan | — | — | — | 8.40% | — | — |
Foresight Energy 211 North Broadway, Suite 2600 St. Louis, MO 63102 | Metals & Mining | 1st Lien, Secured Loan | — | — | — | 8.00% | — | — |
Form Technologies, LLC 11325 N Community House Road, Suite 300 Charlotte, NC 28277 | Industrial | 1st Lien, Secured Loan | — | — | — | 4.75% | — | — |
Harvey Gulf Holdings LLC 701 Poydras Street, Suite 3700 New Orleans, LA 70139 | Shipping | Secured Loan B | — | — | — | 7.06% | — | — |
LSF9 Atlantis Holdings, LLC 2017 Fiesta Drive, Suite 201 Sarasota, FL 34231 | Retail | 1st Lien, Secured Loan | — | — | — | 6.50% | — | — |
Loparex LLC 1255 Crescent Green Suite 400 Cary, NC 27518 | Industrial | 1st Lien, Secured Loan | — | — | — | 6.00% | — | — |
Mad Engine Global, LLC 6740 Cobra Way San Diego, CA, 92121 | Apparel | 1st Lien, Secured Loan | — | — | — | 7.00% | — | — |
Manchester Acquisition Sub, LLC 251 Little Falls Drive, Wilmington, DE 19808 | Chemicals | 1st Lien, Secured Loan | — | — | — | 5.75% | — | — |
Maverick Gaming LLC 12530 NE 144th Street Kirkland, WA 98034 | Casinos & Gaming | 1st Lien, Secured Loan | — | — | — | 7.50% | — | — |
NICE-PAK Products, Inc. Two Nice-Pak Park Orangeburg, NY 10962 | Consumer Products | Secured Loan B | — | — | — | 12.50% | — | — |
New Wilkie Energy Pty Limited 56 Pitt Street Sydney, New South Wales 2000, Australia | Metals & Mining | Warrants | — | — | — | — | — | — |
PowerStop LLC 6112 W 73rd Street Bedford Park, IL 60638 | Transportation Equipment Manufacturing | 1st Lien, Secured Loan | — | — | — | 4.75% | — | — |
ProFrac Holdings II, LLC 333 Shops Boulevard Suite 301 Weatherford, Texas 76087 | Energy Services | 1st Lien, Secured Loan | — | — | — | 7.25% | — | — |
Research Now Group, Inc. n/k/a Dynata, LLC 5800 Tennyson Parkway Suite 600 Plano, TX 75024 | Internet Media | 1st Lien, Secured Revolver | — | — | — | 4.50% | — | — |
Research Now Group, Inc. n/k/a Dynata, LLC 5800 Tennyson Parkway Suite 600 Plano, TX 75024 | Internet Media | 2nd Lien, Secured Loan | — | — | — | 0.00% | — | — |
Research Now Group, Inc. n/k/a Dynata, LLC 5800 Tennyson Parkway Suite 600 Plano, TX 75024 | Internet Media | 1st Lien, DIP Loan | — | — | — | 8.75% | — | — |
Ruby Tuesday Operations LLC 333 E. Broadway Avenue Maryville, TN 37804 | Restaurants | 1st Lien, Secured Loan | — | — | — | 13.50% | — | — |
Ruby Tuesday Operations LLC 333 E.Broadway Avenue Maryville, TN 37804 | Restaurants | 1st Lien, Secured Loan | — | — | — | 16.00% | — | — |
Spencer Spirit Holdings, Inc. 6826 E Black Horse Pike Egg Harbor Township, NJ 08234 | Retail | 1st Lien, Secured Loan | — | — | — | 5.50% | — | — |
Thryv, Inc. 2200 West Airfield Drive PO Box 619810 Dallas, TX 75261 | Marketing Services | 1st Lien, Secured Loan | — | — | — | 6.75% | — | — |
TruGreen Limited Partnership 1790 Kirby Parkway Suite 300 Memphis, TN 38138 | Consumer Services | 1st Lien, Secured Loan | — | — | — | 4.00% | — | — |
TruGreen Limited Partnership 1790 Kirby Parkway Suite 300 Memphis, TN 38138 | Consumer Services | 2nd Lien, Secured Loan | — | — | — | 8.50% | — | — |
Universal Fiber Systems 640 State Street Bristol, TN 37620 | Chemicals | Term Loan B | — | — | — | 12.79% | — | — |
Universal Fiber Systems 640 State Street Bristol, TN 37620 | Chemicals | Term Loan C | — | — | — | 12.79% | — | — |
Vi-Jon 8800 Page Avenue St. Louis, MO 63114 | Consumer Products | 1st Lien, Secured Loan | — | — | — | 10.00% | — | — |