Diameter Capital Partners LP: NUVEEN CHURCHILL DIRECT LEND (NCDL): Quarterly 13F Position History
As of Q1 2026, Diameter Capital Partners LP reported 1,379,361 shares of NUVEEN CHURCHILL DIRECT LEND (NCDL), worth $17.5M and representing 3.4% of its 13F equity book. Quarter-over-quarter share count change: + 158,561 (+13.0%) . The position first appeared in Q4 2025 and has been disclosed across 2 13F-HR filings in Pactolio's tracked window.
- 1,379,361Shares Held (Latest Filing)
- $17.5MReported Market Value (Latest Filing)
- 3.4%Portfolio Weight (% of 13F Equity Book)
- +158,561Quarter-over-Quarter Share Change
- +$1.3MQuarter-over-Quarter Value Change
- 1,379,361Peak Reported Shares (Historical)
Recent initiation: Diameter Capital Partners LP first reported NCDL on the Q4 2025 filing — fewer than three quarters of history are available.
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 2 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,379,361 | +158,561 | +13.0% | $17.5M | 3.4% | $12.7 |
| Q4 2025 | 1,220,800 | — | — | $16.3M | 1.7% | $13.3 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Diameter Capital Partners LP first disclose a NCDL position in 13F-HR filings?
Diameter Capital Partners LP first reported NUVEEN CHURCHILL DIRECT LEND (NCDL) on its 13F-HR filing for the period ending 2025-12-31 (Q4 2025). The position has appeared on 2 reported quarters within Pactolio's tracked window.
What was Diameter Capital Partners LP's most recent quarter-over-quarter share-count change in NCDL?
Between Q4 2025 and Q1 2026, Diameter Capital Partners LP added 158,561 shares of NCDL (+13.0%), bringing the total reported position to 1,379,361 shares at a market value of $17.5M.
Does the implied price-per-share represent Diameter Capital Partners LP's cost basis in NCDL?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.