Family Office Research’s Nuveen Churchill Direct Lending NCDL Stock Holding History

Family Office Research’s Portfolio NCDL Stock Details NCDL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-16,332	Closed	-$225K	–	78
2025 Q3	$225K	Buy	16,332 +165	+1%	+$2.64K	0.1%	70
2025 Q2	$262K	Buy	16,167 +208	+1%	+$3.29K	0.12%	64
2025 Q1	$271K	Sell	15,959 -12,497	-44%	-$215K	0.13%	59
2024 Q4	$477K	Buy	+28,456	New	+$488K	0.21%	46

Other funds holding NCDL

BOCH

Blue Owl Capital Holdings New York $665M AUM 95.48% 1-Year Est. Return

Corient Private Wealth Miami, Florida $72.2B AUM 27.85% 1-Year Est. Return

DCP

Diameter Capital Partners New York $1.24B AUM 137.67% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

CEFA

Closed-End Fund Advisors Richmond, Virginia $102M AUM

OWA

Opal Wealth Advisors Jericho, New York $463M AUM 20.47% 1-Year Est. Return

CCM

Callodine Capital Management Boston, Massachusetts $1.53B AUM 18.8% 1-Year Est. Return

HWAM

Hennion & Walsh Asset Management Parsippany, New Jersey $3.42B AUM 25.82% 1-Year Est. Return

Family Office Research's NCDL Position: Q4 2025 in Review

Family Office Research sold out of Nuveen Churchill Direct Lending (NCDL) in Q4 2025, closing a stake of 16,332 shares — an estimated $225K sold.

Family Office Research first reported a position in NCDL in Q4 2024 and held it in 4 quarters. The position peaked at $477K in Q4 2024. 85 funds tracked by Wall St. Rank hold NCDL as of Q4 2025.

Family Office Research reported no remaining Nuveen Churchill Direct Lending position as of Q4 2025 after selling out during the quarter.
Family Office Research sold 16,332 Nuveen Churchill Direct Lending shares in Q4 2025, an estimated $225K.
Family Office Research first reported a position in Nuveen Churchill Direct Lending in Q4 2024 and held it in 4 quarters.
Family Office Research's Nuveen Churchill Direct Lending position peaked at $477K in Q4 2024.
85 funds tracked by Wall St. Rank held Nuveen Churchill Direct Lending as of Q4 2025.

Based on Family Office Research's 13F filing for Q4 2025, filed 9 Feb 2026.