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Runway Growth Finance Corp.

RWAY
Exchange
Nasdaq
SEC CIK
0001653384

In the last 90 days, Runway Growth Finance Corp. insiders filed 4 open-market purchases and 0 sales; 96 institutions reported holding it in 13F filings for Q2 2026, worth $115.2M in total; Oaktree Capital is the only superinvestor holding it.

Other share classesRWAYIRWAYL

13F holders, Q4 2025

Institutional positions in Runway Growth Finance Corp. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
84
−2 vs. Q3 2025
Shares held
21.0M
+187.2K (+0.9%) vs. Q3 2025
Total value
$188.0M
−$22.7M (−10.8%) vs. Q3 2025
New holders
14
31 more added
Sold out
16
26 more reduced

3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting RWAY on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 84 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 37 institutionsQ1 2022: 34 institutionsQ2 2022: 37 institutionsQ3 2022: 35 institutionsQ4 2022: 46 institutionsQ1 2023: 49 institutionsQ2 2023: 49 institutionsQ3 2023: 54 institutionsQ4 2023: 70 institutionsQ1 2024: 68 institutionsQ2 2024: 64 institutionsQ3 2024: 64 institutionsQ4 2024: 81 institutionsQ1 2025: 85 institutionsQ2 2025: 78 institutionsQ3 2025: 89 institutionsQ4 2025: 84 institutionsQ1 2026: 83 institutionsQ2 2026: 96 institutions
Value heldQ4 2025: $188.0M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $319.1MQ1 2022: $345.0MQ2 2022: $291.5MQ3 2022: $283.2MQ4 2022: $289.2MQ1 2023: $319.7MQ2 2023: $321.1MQ3 2023: $336.0MQ4 2023: $303.0MQ1 2024: $275.7MQ2 2024: $221.8MQ3 2024: $190.1MQ4 2024: $215.6MQ1 2025: $223.2MQ2 2025: $216.9MQ3 2025: $211.5MQ4 2025: $188.0MQ1 2026: $144.0MQ2 2026: $115.2M
Institutions holding RWAY and their total value by quarter
QuarterHoldersValue
Q2 202696$115.2M
Q1 202683$144.0M
Q4 202584$188.0M
Q3 202589$211.5M
Q2 202578$216.9M
Q1 202585$223.2M
Q4 202481$215.6M
Q3 202464$190.1M
Q2 202464$221.8M
Q1 202468$275.7M
Q4 202370$303.0M
Q3 202354$336.0M
Q2 202349$321.1M
Q1 202349$319.7M
Q4 202246$289.2M
Q3 202235$283.2M
Q2 202237$291.5M
Q1 202234$345.0M
Q4 202137$319.1M
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Runway Growth Finance Corp.; share changes are against Q3 2025.

Institutions holding RWAY in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Oaktree Capital Management LPSuperinvestorOaktree Capital7,029,667$62.8M1.02%−1,250,000−15.1%Reduced
Sound Income Strategies, LLC1,671,360$15.7M0.74%+261,768+18.6%Added
CF Capital LLC1,569,050$14.0M6.96%+794,050+102.5%Added
HighTower Advisors, LLC1,306,285$11.7M0.01%−136,060−9.4%Reduced
Bulldog Investors, LLP1,200,872$10.7M2.39%+159,588+15.3%Added
Allium Financial Advisors, LLC760,864$6.79M5.39%−195,738−20.5%Reduced
UBS Group AG638,503$5.70M0.00%+231,744+57.0%Added
Two Sigma Investments, LP635,132$5.67M0.01%+32,722+5.4%Added
Two Sigma Advisers, LP627,800$5.61M0.01%−129,900−17.1%Reduced
Ares Management LLC553,123$4.94M0.28%+117,238+26.9%Added
Marshall Wace, LLP509,225$4.55M0.00%+175,468+52.6%Added
Franklin Resources Inc504,655$4.51M0.00%+10,169+2.1%Added
Summit Financial, LLC473,050$4.22M0.06%+50,624+12.0%Added
Legal & General Group Plc256,583$2.29M0.00%+30,077+13.3%Added
Sbe LLC Dba Cedar Cove Wealth Partners189,588$1.69M0.88%+189,588New
BlackRock, Inc.182,049$1.63M0.00%−8,958−4.7%Reduced
Crewe Advisors LLC172,002$1.54M0.14%00.0%Unchanged
D. E. Shaw & Co., Inc.154,708$1.38M0.00%+26,455+20.6%Added
Evanson Asset Management, LLC150,467$1.34M0.07%00.0%Unchanged
Closed-End Fund Advisors, Inc.141,041$1.26M0.74%+141,041New
Morgan Stanley120,687$1.08M0.00%+13,170+12.2%Added
Thrivent Financial for Lutherans112,253$1.00M0.00%+112,253New
Alpine Global Management, LLC107,363$958.8K0.21%+107,363New
Norden Group LLC106,074$947.2K0.09%+60,967+135.2%Added
Hennion & Walsh Asset Management, Inc.99,687$890.2K0.03%−70,459−41.4%Reduced
Virtus Investment Advisers, Inc.97,979$875.0K0.24%−10,768−9.9%Reduced
Umb Bank N A74,951$669.3K0.01%+74,951New
Man Group plc74,575$666.0K0.00%+45,400+155.6%Added
Bank of America Corp73,225$653.9K0.00%−154,207−67.8%Reduced
The PNC Financial Services Group, Inc.70,476$629.4K0.00%00.0%Unchanged
PVG Asset Management Corp69,289$618.8K1.31%+42,386+157.6%Added
Toroso Investments, LLC67,884$606.2K0.00%+17,988+36.1%Added
Campbell & CO Investment Adviser LLC67,627$603.9K0.03%+17,103+33.9%Added
Jump Financial, LLC67,529$603.0K0.01%+10,624+18.7%Added
Envestnet Asset Management Inc65,592$585.7K0.00%+44,571+212.0%Added
Jane Street Group, LLC65,397$584.0K0.00%+65,397New
Graham Capital Management, L.P.64,798$578.6K0.02%+53,789+488.6%Added
Verition Fund Management LLC54,894$490.2K0.00%00.0%Unchanged
Stifel Financial Corp53,578$478.5K0.00%−43,763−45.0%Reduced
Susquehanna International Group, LLP43,546$388.9K0.00%+16,775+62.7%Added
Millennium Management LLC43,068$384.6K0.00%+20,047+87.1%Added
Brevan Howard Capital Management LP40,920$365.4K0.01%−772−1.9%Reduced
nVerses Capital, LLC40,863$364.9K0.82%+40,863New
Aquatic Capital Management LLC36,888$329.4K0.01%−11,267−23.4%Reduced
US Bancorp36,630$327.1K0.00%−36,587−50.0%Reduced
LPL Financial LLC34,749$310.3K0.00%−42,758−55.2%Reduced
Cambridge Investment Research Advisors, Inc.33,980$303.0K0.00%+472+1.4%Added
Dynamic Technology Lab Private Ltd33,116$296.0K0.07%+5,433+19.6%Added
Quadrature Capital Ltd31,398$280.4K0.00%+14,834+89.6%Added
Invesco Ltd.31,114$277.8K0.00%+3,345+12.0%Added
Engineers Gate Manager LP26,673$238.2K0.00%−10,888−29.0%Reduced
Northern Trust Corp25,278$225.7K0.00%−2,182−7.9%Reduced
Sunbeam Capital Management, LLC24,575$219.5K0.13%+4,575+22.9%Added
Wells Fargo & Company22,400$200.0K0.00%−1,173−5.0%Reduced
We Are One Seven, LLC18,908$168.8K0.00%−790−4.0%Reduced
Royal Bank of Canada18,807$168.0K0.00%−1,694−8.3%Reduced
Geode Capital Management, LLC18,253$163.0K0.00%00.0%Unchanged
Quantbot Technologies LP17,891$159.8K0.01%+4,427+32.9%Added
Confluence Investment Management LLC16,420$146.6K0.00%−1,776−9.8%Reduced
O'Shaughnessy Asset Management, LLC15,177$135.5K0.00%+15,177New
BNP Paribas Arbitrage, SA14,810$132.3K0.00%+11,232+313.9%Added
State of Wyoming13,275$118.5K0.01%−9,497−41.7%Reduced
Guggenheim Capital LLC12,744$113.8K0.00%−411−3.1%Reduced
Quest Partners LLC12,733$113.7K0.01%−27,160−68.1%Reduced
Virtu Financial LLC12,047$108.0K0.00%+12,047New
Cetera Investment Advisers10,898$97.3K0.00%−1,429−11.6%Reduced
Perigon Wealth Management, LLC10,000$89.3K0.00%00.0%Unchanged
Kestra Advisory Services, LLC4,658$41.6K0.00%+4,658New
Advisor Group Holdings, Inc.3,766$33.6K0.00%−1,749−31.7%Reduced
Key Capital Management, INC3,223$28.8K0.03%+3,223New
Tower Research Capital LLC (TRC)2,949$26.3K0.00%+2,355+396.5%Added
CIBC Private Wealth Group, LLC2,068$18.5K0.00%00.0%Unchanged
Citigroup Inc2,055$18.4K0.00%+2,055New
Farther Finance Advisors, LLC1,307$11.7K0.00%−954−42.2%Reduced
Financial Network Wealth Advisors LLC751$6.71K0.01%00.0%Unchanged
Spire Wealth Management700$6.25K0.00%00.0%Unchanged
WealthCollab, LLC593$5.30K0.00%+593New
Harbor Asset Planning, Inc.554$4.95K0.00%00.0%Unchanged
Independence Bank of Kentucky548$4.89K0.00%00.0%Unchanged
Quarry LP450$4.02K0.00%−3,350−88.2%Reduced
Central Trust Co157$1.40K0.00%+157New
Caitong International Asset Management Co., Ltd113$1.01K0.00%+100+769.2%Added
Allworth Financial LP65$5810.00%00.0%Unchanged
SBI Securities Co., Ltd.37$3300.00%00.0%Unchanged
Bard Associates Inc0$00.00%−141,366−100.0%Sold out
Redhawk Wealth Advisors, Inc.0$00.00%−94,712−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−85,951−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−85,757−100.0%Sold out
Advisors Asset Management, Inc.0$00.00%−55,980−100.0%Sold out
Goldman Sachs Group Inc0$00.00%−50,282−100.0%Sold out
RMB Capital Management, LLC0$00.00%−50,000−100.0%Sold out
New Republic Capital, LLC0$00.00%−44,621−100.0%Sold out
PharVision Advisers, LLC0$00.00%−22,929−100.0%Sold out
PFG Investments, LLC0$00.00%−19,000−100.0%Sold out
Summit Wealth Group LLC0$00.00%−14,770−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−18,492−100.0%Sold out
DGS Capital Management, LLC0$00.00%−11,680−100.0%Sold out
JPMorgan Chase & Co0$00.00%−10,754−100.0%Sold out
Advisory Services Network, LLC0$00.00%−607−100.0%Sold out
CWM, LLC0$00.00%−428−100.0%Sold out