Runway Growth Finance (RWAY)

• Market cap: $407M
• 1 day: 0.18%
• 5 days: -2.77%
• 1 month: 1.49%
• 3 months: 19.28%
• 6 months: -5.47%
• Year to date: -1.89%
• 1 year: -7.79%
• 5 years: -15.58%
• 10 years: -15.58%
• Sector: Financials
• Industry: Credit Services

About: Runway Growth Finance Corp is a specialty finance company focused on providing senior secured loans to high-growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products, and other high-growth industries. The company has Investments in the United States, Germany, and UK, Canada, Netherlands, with the majority of its portfolio invested in the United States.

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 12

5% more funds holding

Funds holding: 81 [Q4 2024] → 85 (+4) [Q1 2025]

2.89% more ownership

Funds ownership: 55.13% [Q4 2024] → 58.02% (+2.89%) [Q1 2025]

8% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 24

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]

1% less capital invested

Capital invested by funds: $226M [Q4 2024] → $223M (-$2.49M) [Q1 2025]

95% less call options, than puts

Call options by funds: $109K | Put options by funds: $2.36M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $9.50 13% downside
• Avg. target: $11 1% upside
• High target: $12.50 15% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

UBS Brock Vandervliet	15% upside $12.50	Buy Maintained	16 Jul 2025
Wells Fargo Finian O'Shea	13% downside $9.50	Equal-Weight Downgraded	28 May 2025