Runway Growth Finance (RWAY)

• Market cap: $378M
• 1 day: -1.51%
• 5 days: -2.43%
• 1 month: -6.04%
• 3 months: 2.15%
• 6 months: -5.78%
• Year to date: -6.04%
• 1 year: 1.56%
• 5 years: -19.15%
• 10 years: -19.15%
• Sector: Financials
• Industry: Asset Management

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 Q2 regulatory disclosures by fund managers ($100M+ AUM)

33% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]

25% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 24

3% less capital invested

Capital invested by funds: $223M [Q1] → $217M (-$6.37M) [Q2]

3.92% less ownership

Funds ownership: 58.02% [Q1] → 54.1% (-3.92%) [Q2]

8% less funds holding

Funds holding: 85 [Q1] → 78 (-7) [Q2]

29% less call options, than puts

Call options by funds: $123K | Put options by funds: $173K

35% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 20

Research analyst outlook

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

• Low target: $11
• Avg. target: $11.83
• High target: $12.5

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Clear Street Mickey Schleien	$11	Hold Initiated	5 Sep 2025
B. Riley Securities Bryce Rowe	$12	Buy Maintained	11 Aug 2025
UBS Brock Vandervliet	$12.5	Buy Maintained	16 Jul 2025