Vault-13

CHICAGO ATLANTIC BDC INC LIEN

COM · Common Stock · CUSIP 828174102

48 institutional holders +6 vs Q1 2026
3,577,9083.6m shares reported held*
15.7% of all shares outstanding*
$35.0mreported value*
13 new 15 added 6 reduced 8 sold out net sold ≈ $1.7m (-174.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 22.8m as of 2026-08-12, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $9.77.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 6Q4 22: 5Q1 23: 5Q2 23: 7Q3 23: 5Q4 23: 5Q1 24: 6Q2 24: 7Q3 24: 8Q4 24: 5Q1 25: 5Q2 25: 30Q3 25: 31Q4 25: 39Q1 26: 42Q2 26: 4848Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 20226
Q4 20225
Q1 20235
Q2 20237
Q3 20235
Q4 20235
Q1 20246
Q2 20247
Q3 20248
Q4 20245
Q1 20255
Q2 202530
Q3 202531
Q4 202539
Q1 202642
Q2 202648

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 2 bought or addedQ3 24: 4 cut or sold outQ4 24: 2 bought or addedQ4 24: 6 cut or sold outQ4 24Q1 25: 1 bought or addedQ1 25: 3 cut or sold outQ2 25: 27 bought or addedQ2 25: 2 cut or sold outQ2 25Q3 25: 14 bought or addedQ3 25: 12 cut or sold outQ4 25: 16 bought or addedQ4 25: 14 cut or sold outQ4 25Q1 26: 17 bought or addedQ1 26: 19 cut or sold outQ2 26: 28 bought or addedQ2 26: 14 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202424
Q4 202426
Q1 202513
Q2 2025272
Q3 20251412
Q4 20251614
Q1 20261719
Q2 20262814

Biggest buyers

PARTNERS CAPITAL INVESTMENT GROUP, LLP New +145,336+145.3k
RAYMOND JAMES FINANCIAL INC New +96,131+96.1k
Cambridge Investment Research Advisors, Inc. New +59,750+59.8k
Clayton Partners LLC New +58,666+58.7k
CITADEL ADVISORS LLC Added +27,687+27.7k
O'SHAUGHNESSY ASSET MANAGEMENT, LLC New +24,623+24.6k
RITHOLTZ WEALTH MANAGEMENT Added +19,650+19.6k
Savant Capital, LLC New +18,640+18.6k
Sowell Financial Services LLC Added +17,950+17.9k
CDC Financial, Inc. Added +17,773+17.8k

Biggest sellers

JPMORGAN CHASE & CO Sold out -237,631-237.6k
Corient Private Wealth LP Reduced -191,885-191.9k
Sage Mountain Advisors LLC Reduced -184,779-184.8k
JANE STREET GROUP, LLC Sold out -23,790-23.8k
Mariner, LLC Sold out -22,693-22.7k
HighTower Advisors, LLC Reduced -17,700-17.7k
SAGE RHINO CAPITAL LLC Sold out -10,901-10.9k
WESTWOOD HOLDINGS GROUP INC Sold out -10,737-10.7k
WEDBUSH SECURITIES INC Sold out -10,737-10.7k
SteelPeak Wealth, LLC Sold out -10,277-10.3k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Chicago Atlantic BDC Advisers, LLC 13G · institution filed 2025-02-14 16.9% 3.9m≈ $37.6m 2025-02-14

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 3 buyingQ2 25: 0 sellingQ3 25: 1 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 4 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20253$52.5k0——
Q3 20251$15.5k0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—0——
Q3 20264$657.7k0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-08-31 Colonna Bernardino President Bought 750 $10.25 $7.7k750 shares +18%
2026-08-31 Gordon Scott Co-Chief Investment Officer, director Bought 134 $10.22 $1.4k134 shares +<1%
2026-08-28 Colonna Bernardino President Bought 250 $10.18 $2.5k250 shares +6%
2026-08-27 Gordon Scott Co-Chief Investment Officer, director Bought 5,000 $10.19 $51.0k5.0k shares +6%
2026-08-27 Colonna Bernardino President Bought 600 $10.18 $6.1k600 shares +18%
2026-08-26 Gordon Scott Co-Chief Investment Officer, director Bought 2,483 $10.15 $25.2k2.5k shares +3%
2026-08-26 Colonna Bernardino President Bought 600 $10.16 $6.1k600 shares +21%
2026-08-25 Colonna Bernardino President Bought 400 $10.18 $4.1k400 shares +16%
2026-08-25 Gordon Scott Co-Chief Investment Officer, director Bought 250 $10.12 $2.5k250 shares +<1%
2026-08-24 Gordon Scott Co-Chief Investment Officer, director Bought 1,520 $10.11 $15.4k1.5k shares +2%
2026-08-21 Gordon Scott Co-Chief Investment Officer, director Bought 195 $9.95 $1.9k195 shares +<1%
2026-08-20 Gordon Scott Co-Chief Investment Officer, director Bought 7,500 $9.70 $72.8k7.5k shares +10%
2026-08-19 Gordon Scott Co-Chief Investment Officer, director Bought 8,200 $9.57 $78.5k8.2k shares +12%
2026-08-18 Gordon Scott Co-Chief Investment Officer, director Bought 17,584 $9.54 $167.8k17.6k shares +33%
2026-08-17 Mazarakis John 10% owner Bought 60,000 $9.44 $566.4k60.0k shares new
2026-08-17 Gordon Scott Co-Chief Investment Officer, director Bought 18,300 $9.54 $174.6k18.3k shares +52%
2026-08-17 Mahajan Umesh Secretary; Co-CIO Bought 4,000 $9.60 $38.4k4.0k shares +134%
2026-08-17 Fazio Gianni James Lezziere Chief Accounting Officer Bought 200 $9.55 $1.9k200 shares new

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 INTREPID CAPITAL MANAGEMENT INC 2.62% of their portfolio JACKSONVILLE BEACH, FL 756,185756.2k $7.4m $7.4m 2.62% Unchanged
2 Sowell Financial Services LLC 0.16% of their portfolio NORTH LITTLE ROCK, AR 511,387511.4k $5.0m $5.0m 0.16% Added +17.9k +17,950
3 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 189,596189.6k $1.9m $1.9m 0.00% Added +7.5k +7,466
4 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 188,863188.9k $1.8m $1.8m 0.00% Reduced -191.9k -191,885
5 CDC Financial, Inc. 1.33% of their portfolio CHICAGO, IL 177,391177.4k $1.7m $1.7m 1.33% Added +17.8k +17,773
6 CONDOR CAPITAL MANAGEMENT 0.12% of their portfolio MARTINSVILLE, NJ 163,673163.7k $1.6m $1.6m 0.12% Added +2.2k +2,214
7 LVM CAPITAL MANAGEMENT LTD/MI 0.13% of their portfolio PORTAGE, MI 161,326161.3k $1.6m $1.6m 0.13% Unchanged
8 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 155,924155.9k $1.5m $1.5m 0.00% Reduced -17.7k -17,700
9 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.05% of their portfolio BOSTON, MA 145,336145.3k $1.4m $1.4m 0.05% New
10 Black Maple Capital Management LP 0.86% of their portfolio MILWAUKEE, WI 130,920130.9k $1.3m $1.3m 0.86% Unchanged
11 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 96,13196.1k $939.2k $939.2k 0.00% New
12 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 88,14988.1k $861.2k $861.2k 0.00% Added +27.7k +27,687
13 BlackRock, Inc. 0.00% of their portfolio New York, NY 74,48074.5k $727.7k $727.7k 0.00% Added +3.1k +3,085
14 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 59,75059.8k $584.0k $584.0k 0.00% New
15 Clayton Partners LLC 0.38% of their portfolio BERKELEY, CA 58,66658.7k $573.2k $573.2k 0.38% New
16 RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio NEW YORK, NY 54,34754.3k $531.0k $531.0k 0.01% Added +19.6k +19,650
17 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 48,80948.8k $476.9k $476.9k 0.01% Reduced -7.0k -7,000
18 Venturi Wealth Management, LLC 0.02% of their portfolio AUSTIN, TX 40,17140.2k $392.5k $392.5k 0.02% Unchanged
19 FIRETHORN WEALTH PARTNERS, LLC 0.12% of their portfolio AUGUSTA, GA 38,65438.7k $377.7k $377.7k 0.12% Added +3.0k +2,980
20 Gladstone Institutional Advisory LLC 0.01% of their portfolio Bedminster, NJ 38,60038.6k $377.1k $377.1k 0.01% Unchanged
21 Sage Mountain Advisors LLC 0.02% of their portfolio ATLANTA, GA 30,79730.8k $300.9k $300.9k 0.02% Reduced -184.8k -184,779
22 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 30,02230.0k $293.3k $293.3k 0.00% Reduced -4.8k -4,755
23 Closed-End Fund Advisors, Inc. 0.27% of their portfolio RICHMOND, VA 28,30328.3k $276.5k $276.5k 0.27% Added +6.7k +6,725
24 Wick Capital Partners, LLC 0.04% of their portfolio WAYNE, PA 26,96727.0k $263.5k $263.5k 0.04% Unchanged
25 Twelve Points Wealth Management LLC 0.05% of their portfolio CONCORD, MA 26,23326.2k $256.3k $256.3k 0.05% Unchanged
26 Seneca House Advisors 0.09% of their portfolio RICHMOND, VA 25,32225.3k $247.4k $247.4k 0.09% Added +434 +434
27 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 24,62324.6k $240.6k $240.6k 0.00% New
28 Trexquant Investment LP 0.00% of their portfolio STAMFORD, CT 24,20524.2k $236.5k $236.5k 0.00% Added +4.0k +4,045
29 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 23,75523.8k $232.1k $232.1k 0.00% Added +2.9k +2,898
30 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 18,64018.6k $182.1k $182.1k 0.00% New
31 Tyche Wealth Partners LLC 0.02% of their portfolio PLANO, TX 17,50017.5k $171.0k $171.0k 0.02% Added +3.0k +3,000
32 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 16,33916.3k $159.6k $159.6k 0.00% Unchanged
33 Centiva Capital, LP 0.01% of their portfolio New York, NY 15,68415.7k $153.2k $153.2k 0.01% New
34 Icon Wealth Advisors, LLC 0.01% of their portfolio HOUSTON, TX 14,25514.3k $139.3k $139.3k 0.01% Unchanged
35 Mesirow Financial Investment Management, Inc. 0.00% of their portfolio CHICAGO, IL 12,43312.4k $121.5k $121.5k 0.00% Unchanged
36 FreeGulliver LLC 0.04% of their portfolio NEW ORLEANS, LA 12,24112.2k $119.6k $119.6k 0.04% Unchanged
37 ENTREWEALTH, LLC 0.04% of their portfolio AUSTIN, TX 12,14812.1k $113.9k $113.9k 0.04% New
38 COMPASS FINANCIAL MANAGEMENT LLC 0.01% of their portfolio TAMPA, FL 10,67710.7k $104.3k $104.3k 0.01% First filing
39 Bernardo Wealth Planning LLC 0.02% of their portfolio HARLEYSVILLE, PA 10,27810.3k $100.4k $100.4k 0.02% Unchanged
40 Triumph Capital Management 0.01% of their portfolio DENVER, CO 6,7256.7k $65.7k $65.7k 0.01% Added +2.4k +2,420
41 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,9284.9k $48.2k $48.2k 0.00% Added +4.9k +4,927
42 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 3,3733.4k $33.0k $33.0k 0.00% New
43 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 3,0003.0k $29.3k $29.3k 0.00% Unchanged
44 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 750750 $7.3k $7.3k 0.00% New
45 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 200200 $2.0k $2.0k 0.00% New
46 Quarry LP 0.00% of their portfolio NEW YORK, NY 139139 $1.4k $1.4k 0.00% New
47 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 1111 $107 $107 0.00% New
48 UBS Group AG 0.00% of their portfolio ZURICH, V8 22 $20 $20 0.00% Reduced -63 -63