Blue Owl Capital Corp
Inside Blue Owl Capital Corp’s $18.4B private-credit portfolio — 618 portfolio holdings disclosed in SEC filings.
Filing Information
Portfolio Composition
Portfolio-wide breakdown by fair value across this BDC’s full Schedule of Investments. Source: SEC EDGAR (public).
Top Portfolio Holdings
| Company | Sector | Investment | Coupon | Maturity | Cost | Fair Value |
|---|---|---|---|---|---|---|
| Wingspire Capital Holdings LLC | — | $606,792,000 | ||||
| Wingspire Capital Holdings LLC | Equity | $500,552,000 | $606,792,000 | |||
| Associations, Inc. | First Lien Senior Secured Loan Senior Secured | SOFR + 6.50% | $426,690,000 | $428,329,000 | ||
| Blue Owl Credit SLF LLC(c) | — | $388,027,000 | ||||
| Blue Owl Credit SLF LLC | LLC Interest | $427,089,000 | $388,027,000 | |||
| Blue Owl Cross-Strategy Opportunities LLC (BOCSO) | $379,600,000 | $378,000,000 | ||||
| Rushmore Investment III LLC (dba Winland Foods) | First Lien Senior Secured Loan Senior Secured | SOFR + 5.00% | $328,110,000 | $330,525,000 | ||
| Fifth Season Investments LLC | Equity | $263,536,000 | $303,148,000 | |||
| Fifth Season Investments LLC | — | $303,148,000 | ||||
| LSI Financing LLC | Equity | $257,334,000 | $274,717,000 | |||
| LSI Financing LLC 1 | — | $274,717,000 | ||||
| Metis HoldCo, Inc. (dba Mavis Tire Express Services) | Preferred Equity | (PIK 7.00%) | $252,841,000 | $269,962,000 | ||
| Sonny's Enterprises, LLC | First Lien Senior Secured Loan Senior Secured | SOFR + 5.50% | $268,590,000 | $269,294,000 | ||
| Rocket BidCo, Inc. (dba Recochem) | Senior Secured Senior Secured | SOFR + 4.75% | $246,469,000 | $249,610,000 | ||
| Minotaur Acquisition, Inc. (dba Inspira Financial) | First Lien Senior Secured Loan Senior Secured | SOFR + 5.00% | $240,211,000 | $242,332,000 | ||
| New PLI Holdings, LLC (dba PLI) | — | $205,475,000 | ||||
| Associations Finance, Inc. | Secured Note Senior Secured | (PIK 14.25%) | $202,704,000 | $204,040,000 | ||
| Aerosmith Bidco 1 Limited (dba Audiotonix) | First Lien Senior Secured Loan Senior Secured | SOFR + 5.25% | $196,591,000 | $199,201,000 | ||
| HGH Purchaser, Inc. (dba Horizon Services) | First Lien Senior Secured Loan Senior Secured | SOFR + 3.25% (PIK 3.75%) | $195,530,000 | $180,016,000 | ||
| Gaylord Chemical Company, L.L.C. | First Lien Senior Secured Loan Senior Secured | SOFR + 5.75% | $179,330,000 | $179,735,000 | ||
| BCPE Osprey Buyer, Inc. (dba PartsSource) | First Lien Senior Secured Loan Senior Secured | SOFR + 5.75% | $176,172,000 | $176,367,000 | ||
| Eagle Infrastructure Services, LLC | — | $172,109,000 | ||||
| Packaging Coordinators Midco, Inc. | First Lien Senior Secured Loan Senior Secured | SOFR + 5.00% | $157,468,000 | $157,625,000 | ||
| Galls, LLC | First Lien Senior Secured Loan Senior Secured | SOFR + 6.00% | $151,265,000 | $153,068,000 | ||
| OB Hospitalist Group, Inc. | First Lien Senior Secured Loan Senior Secured | SOFR + 5.25% | $151,502,000 | $152,890,000 |
Loan-Pricing Trend
Fair-value-weighted average credit spread and average mark across this BDC’s Schedule-of-Investments debt holdings, by filing quarter. Spread and mark are shown in the units reported in the filing. Source: SEC EDGAR (public).
| Quarter | Priced Loans | Wtd-Avg Spread | Avg Mark | Debt Fair Value |
|---|---|---|---|---|
| 2022-06-30 | 0 | — | — | — |
| 2022-09-30 | 0 | — | — | $1M |
| 2022-12-31 | 0 | — | — | $611K |
| 2023-03-31 | 0 | — | — | $1M |
| 2023-06-30 | 232 | 6.31 | 97.3 | $13.3B |
| 2023-09-30 | 0 | — | — | $267K |
| 2023-12-31 | 236 | 6.35 | 97.9 | $13.2B |
| 2024-03-31 | 238 | 6.17 | 97.8 | $12.7B |
| 2024-06-30 | 255 | 5.95 | 97.6 | $13.5B |
| 2024-09-30 | 263 | 5.86 | 97.4 | $13.8B |
| 2024-12-31 | 195 | 5.80 | 96.9 | $12.4B |
| 2025-03-31 | 202 | 5.43 | 97.7 | $15.9B |
| 2025-06-30 | 199 | 5.34 | 97.7 | $15.1B |
| 2025-09-30 | 197 | 5.22 | 97.5 | $15.2B |
| 2025-12-31 | 196 | 5.30 | 97.0 | $16.5B |
| 2026-03-31 | 251 | 5.29 | 94.1 | $15.4B |
Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith by each BDC’s board, so figures are estimates as of the filing date and are not directly comparable across managers. Informational only; not investment advice or a valuation.
About Blue Owl Capital Corp
Blue Owl Capital Corp (OBDC) is a publicly traded Business Development Company (BDC) — essentially a publicly listed fund that lends money to mid-sized private companies. In plain English: BDCs raise money from public investors and lend it to businesses that are too small for Wall Street banks. By law, they must pay out at least 90% of their profits as dividends, which is why BDC yields are often 8–12%. Blue Owl Capital Corp discloses its full loan portfolio through SEC filings.
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