NCDLNYSEFiscal year ends December 31
Nuveen Churchill Direct Lending Corp.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$10.39−0.23 (-2.17%)
Close on Oct 19, 2026
- Market cap
- $513.13M
- P/E (TTM)
- 10.4
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
31.8%
16M of 49M shares
Institutional holders
68
13 new, 11 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
15 buys · 0 sales
Net bought $1.43M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Teachers Insurance and Annuity Association of America | 6,810,466 | – | 13G (passive) amendment | Dec 31, 2023 |
| Peakline Partners, LLC | 5,544,912 | 11.20% | 13G (passive) | Jan 25, 2024 |
| Kuvare Insurance Services LP | 3,388,853 | 8.21% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NCDL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Blue Owl Capital Holdings LP | 2,143,626 | 4.34% | $26.62M | – | 4.01% |
| Corient Private Wealth LLC | 1,613,098 | 3.27% | $20.03M | −119,521 | 0.03% |
| UBS Group AG | 997,794 | 2.02% | $12.39M | +315,661 | 0.00% |
| Ares Management LLC | 958,826 | 1.94% | $11.91M | +383,988 | 0.52% |
| Brown Brothers Harriman & Co | 921,978 | 1.87% | $11.45M | – | 0.05% |
| Invesco Ltd. | 893,252 | 1.81% | $11.09M | −285 | 0.00% |
| Van Eck Associates Corp | 767,952 | 1.55% | $9.54M | +254,335 | 0.01% |
| Opal Wealth Advisors, LLC | 634,271 | 1.28% | $7.88M | +9,056 | 1.70% |
| Diameter Capital Partners LP | 604,645 | 1.22% | $7.51M | −774,716 | 0.61% |
| Two Sigma Investments, LP | 552,184 | 1.12% | $6.86M | −78,563 | 0.00% |
| Cresset Asset Management, LLC | 465,308 | 0.94% | $5.96M | +418,400 | 0.02% |
| Morgan Stanley | 456,477 | 0.92% | $5.67M | +87,046 | 0.00% |
| Hennion & Walsh Asset Management, Inc. | 442,680 | 0.90% | $5.50M | +12,646 | 0.16% |
| Callodine Capital Management, LP | 398,400 | 0.81% | $4.95M | −51,600 | 0.32% |
| Centurion Wealth Management LLC | 312,308 | 0.63% | $3.88M | New | 0.93% |
| Stifel Financial Corp | 306,647 | 0.62% | $3.81M | −29,100 | 0.00% |
| Bulldog Investors, LLP | 251,034 | 0.51% | $3.12M | +26,212 | 0.69% |
| Wells Fargo & Company/Mn | 242,483 | 0.49% | $3.01M | −68,787 | 0.00% |
| Nuveen, LLC | 226,765 | 0.46% | $2.82M | – | 0.00% |
| Bank Of America Corp /De/ | 222,515 | 0.45% | $2.76M | +74,606 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 68 | 16M | 31.8% | 13 / 19 | 24 / 11 | 2M | 2M |
| Q1 2026 | 67 | 15M | 30.9% | 8 / 25 | 21 / 22 | 2M | 4M |
| Q4 2025 | 84 | 17M | 35.3% | 19 / 24 | 27 / 13 | 6M | 2M |
| Q3 2025 | 78 | 14M | 27.6% | 20 / 26 | 17 / 14 | 1M | 2M |
| Q2 2025 | 72 | 14M | 28.6% | 11 / 32 | 19 / 19 | 2M | 2M |
| Q1 2025 | 80 | 15M | 29.5% | 18 / 24 | 28 / 18 | 3M | 2M |
| Q4 2024 | 81 | 16M | 32.5% | 34 / 37 | 5 / 2 | 4M | 0M |
| Q3 2024 | 50 | 12M | 24.9% | 17 / 28 | 3 / 5 | 8M | 0M |
| Q2 2024 | 39 | 5M | 9.2% | 20 / 12 | 5 / 5 | 2M | 0M |
| Q1 2024 | 24 | 3M | 5.9% | 24 / 0 | 0 / 0 | 3M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NCDL | Value | % of fund | As of |
|---|---|---|---|---|---|
| Invesco KBW High Dividend Yield Financial ETF | 858,271 | 1.74% | $11.21M | 2.63% | May 31, 2026 |
| VanEck BDC Income ETF | 769,107 | 1.56% | $9.55M | 0.59% | Jun 30, 2026 |
| GraniteShares HIPS U.S. High Income ETF | 201,777 | 0.41% | $2.51M | 2.28% | Jun 30, 2026 |
| Touchstone Funds Group Trust-Touchstone Ares Credit Opportunities Fund | 73,451 | 0.15% | $912.26K | 0.11% | Jun 30, 2026 |
| Invesco BuyBack AchieversTM ETF | 56,671 | 0.11% | $686.85K | 0.03% | Jul 31, 2026 |
| FT Confluence BDC & Specialty Finance Income ETF | 52,154 | 0.11% | $681.13K | 1.99% | May 31, 2026 |
| Mercer Opportunistic Fixed Income Fund | 36,565 | 0.07% | $454.14K | 0.02% | Jun 30, 2026 |
| Virtus Private Credit Strategy ETF | 26,180 | 0.05% | $317.30K | 1.05% | Jul 31, 2026 |
| Virtus AlphaSimplex Global Alternatives Fund | 1,117 | 0.00% | $13.87K | 0.02% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Kenneth J. Kencel | CEO & President, Director | 123,058 | 0.25% | Mar 5, 2026 |
| Shaul Vichness | Chief Financial Off./Treasurer | 51,139 | 0.10% | Sep 15, 2026 |
| John McCally | Vice President & Secretary | 20,675 | 0.04% | Jun 24, 2026 |
| Marissa Hassen | Chief Accounting Officer | 9,780 | 0.02% | May 13, 2026 |
| James Joseph Ritchie | Director | 82,159 | 0.17% | Mar 11, 2026 |
| Kenneth M. Miranda | Director | 51,897 | 0.11% | Mar 5, 2026 |
| Jason Strife | – | 15,737 | 0.03% | Mar 6, 2026 |
| Mat Linett | – | 10,365 | 0.02% | Mar 6, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Shaul Vichness Chief Financial Off./Treasurer | Sep 14, 2026 | Buy | +5,000 | $12.25 | $61.25K | 36,647 |
| Shaul Vichness Chief Financial Off./Treasurer | Jul 27, 2026 | Other | +431.16 | – | – | 14,492 |
| John McCally Vice President & Secretary | May 15, 2026 | Buy | +7,500 | $13.27 | $99.53K | 15,245 |
| Shaul Vichness Chief Financial Off./Treasurer | May 14, 2026 | Buy | +5,000 | $13.20 | $66.00K | 30,705 |
| Marissa Hassen Chief Accounting Officer | May 12, 2026 | Buy | +3,782 | $13.21 | $49.96K | 9,780 |
| Shaul Vichness Chief Financial Off./Treasurer | Apr 27, 2026 | Other | +385.77 | $14.18 | $5.47K | 14,061 |
| Shaul Vichness Chief Financial Off./Treasurer | Mar 12, 2026 | Buy | +5,000 | $13.13 | $65.65K | 25,000 |
| James Joseph Ritchie Director | Mar 10, 2026 | Buy | +17,857 | $13.71 | $244.82K | 78,193 |
| Mat Linett – | Mar 6, 2026 | Buy | +2,000 | $13.05 | $26.10K | 10,365 |
| John McCally Vice President & Secretary | Mar 5, 2026 | Buy | +2,000 | $13.30 | $26.60K | 7,430 |
| Jason Strife – | Mar 4, 2026 | Buy | +7,690 | $13.40 | $103.05K | 15,737 |
| Kenneth J. Kencel CEO & President, Director | Mar 3, 2026 | Buy | +10,000 | $13.04 | $130.40K | 38,117 |
| Kenneth J. Kencel CEO & President, Director | Mar 3, 2026 | Buy | +10,000 | $13.04 | $130.40K | 58,117 |
| Kenneth M. Miranda Director | Mar 3, 2026 | Buy | +3,000 | $12.83 | $38.49K | 30,000 |
| Kenneth M. Miranda Director | Nov 19, 2025 | Buy | +2,000 | $14.10 | $28.20K | 27,000 |
| Shaul Vichness Chief Financial Off./Treasurer | Nov 17, 2025 | Buy | +5,000 | $14.20 | $71.00K | 20,000 |
| Kenneth J. Kencel CEO & President, Director | Nov 6, 2025 | Buy | +20,000 | $14.22 | $284.40K | 48,117 |
| Shaul Vichness Chief Financial Off./Treasurer | Sep 16, 2025 | Buy | +5,000 | $14.85 | $74.25K | 15,000 |
| Shaul Vichness Chief Financial Off./Treasurer | Jun 16, 2025 | Buy | +5,000 | $16.30 | $81.50K | 10,000 |
| Marissa Hassen Chief Accounting Officer | Jun 6, 2025 | Buy | +4,630 | $16.18 | $74.91K | 5,998 |
| Kenneth M. Miranda Director | May 23, 2025 | Buy | +3,103 | $15.68 | $48.66K | 3,103 |
| Mat Linett – | May 21, 2025 | Buy | +3,000 | $15.92 | $47.76K | 8,365 |
| Kenneth J. Kencel CEO & President, Director | May 12, 2025 | Buy | +8,117 | $15.34 | $124.51K | 28,117 |
| Kenneth J. Kencel CEO & President, Director | May 12, 2025 | Buy | +8,117 | $15.34 | $124.51K | 28,117 |
| Shaul Vichness Chief Financial Off./Treasurer | Dec 3, 2024 | Buy | +5,000 | $17.27 | $86.35K | 5,000 |
| Kenneth J. Kencel CEO & President, Director | Dec 2, 2024 | Buy | +10,000 | $17.37 | $173.70K | 20,000 |
| Kenneth J. Kencel CEO & President, Director | Dec 2, 2024 | Buy | +10,000 | $17.37 | $173.70K | 20,000 |
| Kenneth J. Kencel CEO & President, Director | Nov 27, 2024 | Buy | +10,000 | $17.35 | $173.50K | 10,000 |
| Kenneth J. Kencel CEO & President, Director | Nov 27, 2024 | Buy | +10,000 | $17.35 | $173.50K | 10,000 |
| Insurance & Annuity Association Of America Teachers 10% owner | Jan 29, 2024 | Buy | +1,662,050 | $18.05 | $30.00M | 6,810,466 |
| Kenneth M. Miranda Director | Jan 5, 2024 | Buy | +3,481 | $18.05 | $62.83K | 21,897 |
| James Joseph Ritchie Director | Jan 5, 2024 | Buy | +8,703 | $18.05 | $157.09K | 60,336 |
| Kenneth M. Miranda Director | Jan 5, 2024 | Buy | +3,481 | $18.05 | $62.83K | 21,897 |
| Durant D. Schwimmer – | Jan 5, 2024 | Buy | +870 | $18.05 | $15.70K | 5,365 |
| Jason Strife – | Jan 5, 2024 | Buy | +1,305 | $18.05 | $23.56K | 8,047 |
| David M. Kirchheimer Director | Jan 5, 2024 | Buy | +13,054 | $18.05 | $235.62K | 94,063 |
| Kenneth J. Kencel CEO & President, Director | Jan 5, 2024 | Buy | +4,351 | $18.05 | $78.54K | 26,824 |
| Michael A. Perry Director | Jan 5, 2024 | Buy | +3,046 | $18.05 | $54.98K | 18,778 |
| John McCally Chief Compliance Officer | Jan 5, 2024 | Buy | +870 | $18.05 | $15.70K | 5,430 |
| Mat Linett – | Jan 5, 2024 | Buy | +870 | $18.05 | $15.70K | 5,365 |
| Insurance & Annuity Association Of America Teachers 10% owner | Jan 5, 2024 | Buy | +870,267 | $18.05 | $15.71M | 5,148,416 |
| Marissa Hassen Controller | Jan 5, 2024 | Buy | +218 | $18.05 | $3.93K | 1,368 |
| Reena Aggarwal Director | Jan 5, 2024 | Buy | +1,741 | $18.05 | $31.43K | 10,729 |
| Stephen N. Potter Director | Jan 5, 2024 | Buy | +4,351 | $18.05 | $78.54K | 26,824 |
| Shaul Vichness Chief Financial Off./Treasurer | Jan 5, 2024 | Buy | +2,176 | $18.05 | $39.28K | 13,675 |
| John McCally Chief Compliance Officer | Nov 3, 2023 | Buy | +607 | $18.19 | $11.04K | 4,560 |
| Stephen N. Potter Director | Nov 3, 2023 | Buy | +3,033 | $18.19 | $55.17K | 22,473 |
| James Joseph Ritchie Director | Nov 3, 2023 | Buy | +6,065 | $18.19 | $110.32K | 51,633 |
| Michael A. Perry Director | Nov 3, 2023 | Buy | +2,123 | $18.19 | $38.62K | 15,732 |
| Kenneth J. Kencel CEO & President, Director | Nov 3, 2023 | Buy | +3,033 | $18.19 | $55.17K | 22,473 |
| Insurance & Annuity Association Of America Teachers 10% owner | Nov 3, 2023 | Buy | +606,518 | $18.19 | $11.03M | 4,278,149 |
| Marissa Hassen Controller | Nov 3, 2023 | Buy | +152 | $18.19 | $2.76K | 1,150 |
| Kenneth M. Miranda Director | Nov 3, 2023 | Buy | +2,426 | $18.19 | $44.13K | 18,416 |
| Reena Aggarwal Director | Nov 3, 2023 | Buy | +1,213 | $18.19 | $22.06K | 8,988 |
| Durant D. Schwimmer – | Nov 3, 2023 | Buy | +607 | $18.19 | $11.04K | 4,495 |
| Shaul Vichness Chief Financial Off./Treasurer | Nov 3, 2023 | Buy | +1,516 | $18.19 | $27.58K | 11,499 |
| Mat Linett – | Nov 3, 2023 | Buy | +607 | $18.19 | $11.04K | 4,495 |
| Jason Strife – | Nov 3, 2023 | Buy | +910 | $18.19 | $16.55K | 6,742 |
| David M. Kirchheimer Director | Nov 3, 2023 | Buy | +9,098 | $18.19 | $165.49K | 81,009 |
| David M. Kirchheimer Director | Jul 17, 2023 | Buy | +20,316 | $18.03 | $366.30K | 59,194 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.