Carlyle Secured Lending, Inc. (CGBD) is the 135th largest of 248 Business Development Companies companies by market capitalisation, at 796.26 Mn, behind Peapack Gladstone Financial Corp at 808.47 Mn. It trades on a P/E of 21.51, 71% above the peer median of 12.58. The table below compares all 248 on 8 financial metrics.
| # | Ticker | Company | match | industry_code | industry_group | industry_group_code | Market Capitalization | P/E | P/S | Enterprise Value |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ARCC | Ares Capital Corp | primary | F-07 | Lending and Credit | FG-02 | 14.12 Bn | 22.80 | 4.54 | 13.73 Bn |
| 2 | BXSL | Blackstone Secured Lending Fund | primary | F-07 | Lending and Credit | FG-02 | 5.69 Bn | 17.22 | 4.18 | 5.42 Bn |
| 3 | OBDC | Blue Owl Capital Corp | primary | F-07 | Lending and Credit | FG-02 | 5.52 Bn | 33.48 | 3.25 | 5.28 Bn |
| 4 | MAIN | Main Street Capital CORP | primary | F-07 | Lending and Credit | FG-02 | 5.26 Bn | 15.33 | 9.14 | 5.20 Bn |
| 5 | OTF | Blue Owl Technology Finance Corp. | primary | F-07 | Lending and Credit | FG-02 | 5.05 Bn | 113.94 | 3.87 | 4.84 Bn |
| 6 | HCXY | Hercules Capital, Inc. | primary | F-07 | Lending and Credit | FG-02 | 4.64 Bn | 20.03 | 8.19 | 4.59 Bn |
| 7 | FSK | FS KKR Capital Corp | primary | F-07 | Lending and Credit | FG-02 | 3.37 Bn | — | 2.57 | 3.27 Bn |
| 8 | GBDC | GOLUB CAPITAL BDC, Inc. | primary | F-07 | Lending and Credit | FG-02 | 3.34 Bn | -38.36 | 4.17 | 3.30 Bn |
| 9 | PFLA | PennantPark Floating Rate Capital Ltd. | primary | F-07 | Lending and Credit | FG-02 | 2.48 Bn | 157.26 | 9.13 | -0.13 Bn |
| 10 | MFICL | MidCap Financial Investment Corp | primary | F-07 | Lending and Credit | FG-02 | 2.07 Bn | 110.34 | 6.88 | 2.03 Bn |
| 11 | TSLX | Sixth Street Specialty Lending, Inc. | primary | F-07 | Lending and Credit | FG-02 | 1.70 Bn | 27.98 | 4.15 | 1.50 Bn |
| 12 | TRIN | Trinity Capital Inc. | primary | F-07 | Lending and Credit | FG-02 | 1.64 Bn | 9.60 | 4.87 | 1.61 Bn |
| 13 | CSWC | Capital Southwest Corp | primary | F-07 | Lending and Credit | FG-02 | 1.48 Bn | 21.29 | 6.23 | 1.42 Bn |
| 14 | MSDL | Morgan Stanley Direct Lending Fund | primary | F-07 | Lending and Credit | FG-02 | 1.25 Bn | 35.88 | 3.34 | 1.17 Bn |
| 15 | CICB | CION Investment Corp | primary | F-07 | Lending and Credit | FG-02 | 1.24 Bn | -134.16 | 5.36 | 1.24 Bn |
| 16 | FRBP | Franklin BSP Capital Corp | primary | F-07 | Lending and Credit | FG-02 | 1.14 Bn | 1,380.96 | 2.82 | 1.10 Bn |
| 17 | OCSL | Oaktree Specialty Lending Corp | primary | F-07 | Lending and Credit | FG-02 | 1.11 Bn | 20.56 | 2.45 | 1.07 Bn |
| 18 | GSBD | Goldman Sachs BDC, Inc. | primary | F-07 | Lending and Credit | FG-02 | 1.09 Bn | 2.87 | 3.56 | 1.09 Bn |
| 19 | PSEC | Prospect Capital Corp | primary | F-07 | Lending and Credit | FG-02 | 1.05 Bn | 35.88 | 1.06 | 1.00 Bn |
| 20 | BBDC | Barings BDC, Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.92 Bn | 162.34 | 3.44 | 0.87 Bn |
| 21 | KBDC | Kayne Anderson BDC, Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.87 Bn | -10.76 | — | 0.87 Bn |
| 22 | CGBD | Carlyle Secured Lending, Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.80 Bn | 21.51 | 3.07 | 0.75 Bn |
| 23 | BCSF | Bain Capital Specialty Finance, Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.75 Bn | 32.51 | 2.83 | 0.65 Bn |
| 24 | FDUS | FIDUS INVESTMENT Corp | primary | F-07 | Lending and Credit | FG-02 | 0.74 Bn | — | 4.36 | 0.70 Bn |
| 25 | NMFC | New Mountain Finance Corp | primary | F-07 | Lending and Credit | FG-02 | 0.69 Bn | 61.71 | 2.40 | 0.63 Bn |
| 26 | SLRC | SLR Investment Corp. | primary | F-07 | Lending and Credit | FG-02 | 0.68 Bn | 7.61 | 3.24 | 0.68 Bn |
| 27 | GAIN | Gladstone Investment Corporation\De | primary | F-07 | Lending and Credit | FG-02 | 0.64 Bn | 208.08 | 6.18 | 0.64 Bn |
| 28 | NCDL | Nuveen Churchill Direct Lending Corp. | primary | F-07 | Lending and Credit | FG-02 | 0.60 Bn | — | 3.15 | 0.56 Bn |
| 29 | MSIF | Msc Income Fund, Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.57 Bn | 21.59 | 4.05 | 0.54 Bn |
| 30 | GLAD | Gladstone Capital Corp | primary | F-07 | Lending and Credit | FG-02 | 0.44 Bn | 10.23 | 4.49 | 0.44 Bn |
| 31 | SAJ | Saratoga Investment Corp. | primary | F-07 | Lending and Credit | FG-02 | 0.41 Bn | -23.21 | 4.22 | 0.03 Bn |
| 32 | CCAP | Crescent Capital BDC, Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.38 Bn | 6.09 | 2.41 | -1.18 Bn |
| 33 | TCPC | BlackRock TCP Capital Corp. | primary | F-07 | Lending and Credit | FG-02 | 0.34 Bn | 1.69 | — | 0.18 Bn |
| 34 | PSBD | Palmer Square Capital BDC Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.32 Bn | 3.53 | 2.76 | 0.32 Bn |
| 35 | HRZN | Horizon Technology Finance Corp | primary | F-07 | Lending and Credit | FG-02 | 0.31 Bn | 4.48 | 3.26 | 0.31 Bn |
| 36 | RWAY | Runway Growth Finance Corp. | primary | F-07 | Lending and Credit | FG-02 | 0.27 Bn | -2.93 | 2.06 | 0.26 Bn |
| 37 | NSLR | Neostellar Capital Corp. | primary | F-07 | Lending and Credit | FG-02 | 0.26 Bn | -5.96 | — | -0.15 Bn |
| 38 | SCM | Stellus Capital Investment Corp | primary | F-07 | Lending and Credit | FG-02 | 0.24 Bn | -61.77 | 2.49 | 0.24 Bn |
| 39 | PNNT | Pennantpark Investment Corp | primary | F-07 | Lending and Credit | FG-02 | 0.24 Bn | -96.00 | 2.24 | -1.00 Bn |
| 40 | LIEN | Chicago Atlantic BDC, Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.23 Bn | 7.50 | 4.12 | 0.23 Bn |
| 41 | TPVG | TriplePoint Venture Growth BDC Corp. | primary | F-07 | Lending and Credit | FG-02 | 0.21 Bn | 2.59 | 2.32 | 0.21 Bn |
| 42 | WHF | WhiteHorse Finance, Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.15 Bn | -59.76 | 2.33 | 0.14 Bn |
| 43 | OXSQ | Oxford Square Capital Corp. | primary | F-07 | Lending and Credit | FG-02 | 0.13 Bn | 4.48 | 3.40 | 0.13 Bn |
| 44 | BCIC | BCP Investment Corp | primary | F-07 | Lending and Credit | FG-02 | 0.09 Bn | — | 1.27 | 0.09 Bn |
| 45 | GECC | Great Elm Capital Corp. | primary | F-07 | Lending and Credit | FG-02 | 0.08 Bn | 75.07 | 1.89 | -0.15 Bn |
| 46 | AFCG | Advanced Flower Capital Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.08 Bn | -25.03 | 2.69 | 0.08 Bn |
| 47 | OFS | OFS Capital Corp | primary | F-07 | Lending and Credit | FG-02 | 0.05 Bn | -7.10 | 1.46 | 0.05 Bn |
| 48 | PFXNZ | PhenixFIN Corp | primary | F-07 | Lending and Credit | FG-02 | 0.05 Bn | 2.11 | 4.87 | -0.26 Bn |
| 49 | RAND | Rand Capital Corp | primary | F-07 | Lending and Credit | FG-02 | 0.03 Bn | 11.67 | 6.02 | 0.03 Bn |
| 50 | EQS | Equus Total Return, Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.01 Bn | 2.06 | 10.07 | 0.01 Bn |
| 51 | ICMB | Investcorp Credit Management BDC, Inc. | primary | F-07 | Lending and Credit | FG-02 | 0.01 Bn | -4.07 | 5.46 | 0.00 Bn |
| 52 | PIAC | Princeton Capital Corp | primary | F-07 | Lending and Credit | FG-02 | 0.00 Bn | 22.08 | 5.07 | -0.01 Bn |
| 53 | LAAI | Loan Artificial Intelligence Corp. | primary | F-07 | Lending and Credit | FG-02 | 0.00 Bn | -0.06 | — | 0.00 Bn |
| 54 | CAT | Caterpillar Inc | secondary | I-05 | Machinery | IG-02 | 376.30 Bn | 34.70 | 5.04 | 369.59 Bn |
| 55 | MBFJF | Mitsubishi Ufj Financial Group Inc | secondary | F-02 | Banking | FG-01 | 296.69 Bn | 18.42 | 5.61 | -87.63 Bn |
| 56 | TOYOF | Toyota Motor Corp/ | secondary | D-01 | Automobiles and Components | DG-01 | 256.51 Bn | 8.85 | 0.77 | 178.52 Bn |
| 57 | IBM | International Business Machines Corp | secondary | T-43 | Cloud Computing | TG-07 | 226.49 Bn | 21.12 | 3.28 | 215.13 Bn |
| 58 | DE | Deere & Co | secondary | I-06 | Machinery | IG-02 | 182.65 Bn | 40.13 | 3.81 | 173.72 Bn |
| 59 | BBVA | Banco Bilbao Vizcaya Argentaria, S.A. | secondary | F-02 | Banking | FG-01 | 167.33 Bn | 12.91 | — | 167.33 Bn |
| 60 | HMC | Honda Motor Co Ltd | secondary | D-01 | Automobiles and Components | DG-01 | 125.19 Bn | 65.71 | 1.14 | 85.06 Bn |
| 61 | BX | Blackstone Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 103.57 Bn | 15.17 | 6.43 | 101.06 Bn |
| 62 | SMFG | Sumitomo Mitsui Financial Group, Inc. | secondary | F-02 | Banking | FG-01 | 101.25 Bn | 8.70 | -90.47 | 101.25 Bn |
| 63 | HPE | Hewlett Packard Enterprise Co | secondary | T-12 | Computer Hardware | TG-02 | 78.50 Bn | 29.34 | 1.87 | 72.28 Bn |
| 64 | PCAR | Paccar Inc | secondary | I-05 | Machinery | IG-02 | 64.20 Bn | 25.64 | 2.31 | 55.53 Bn |
| 65 | AJG | Arthur J. Gallagher & Co. | secondary | F-16 | Insurance | FG-04 | 62.74 Bn | 39.84 | 3.98 | 61.35 Bn |
| 66 | O | Realty Income Corp | secondary | R-06 | Property REITs | RG-01 | 56.12 Bn | 44.27 | 9.27 | 56.12 Bn |
| 67 | PSA | Public Storage | secondary | R-08 | Property REITs | RG-01 | 51.71 Bn | 28.02 | 10.57 | 51.45 Bn |
| 68 | FITB | Fifth Third Bancorp | secondary | F-01 | Banking | FG-01 | 49.43 Bn | 18.58 | 4.87 | 25.71 Bn |
| 69 | MSTR | Strategy Inc | secondary | T-23 | Business Applications | TG-03 | 46.87 Bn | -1.49 | 94.05 | 44.42 Bn |
| 70 | IX | Orix Corp | secondary | F-06 | Lending and Credit | FG-02 | 43.58 Bn | 10.86 | 1.94 | 43.58 Bn |
| 71 | MTB | M&T Bank Corp | secondary | F-01 | Banking | FG-01 | 34.72 Bn | 12.08 | 3.49 | 34.72 Bn |
| 72 | HBAN | Huntington Bancshares Inc /Md/ | secondary | F-01 | Banking | FG-01 | 33.60 Bn | 14.96 | 3.46 | 29.07 Bn |
| 73 | BAP | Credicorp Ltd | secondary | F-02 | Banking | FG-01 | 29.80 Bn | 3.36 | — | 29.80 Bn |
| 74 | RPRX | Royalty Pharma plc | secondary | F-06 | Lending and Credit | FG-02 | 26.96 Bn | 19.97 | 10.63 | 26.12 Bn |
| 75 | CINF | Cincinnati Financial Corp | secondary | F-13 | Insurance | FG-04 | 26.05 Bn | 8.03 | 1.87 | 24.15 Bn |
| 76 | SYF | Synchrony Financial | secondary | F-04 | Lending and Credit | FG-02 | 25.68 Bn | 7.48 | 1.32 | 9.49 Bn |
| 77 | RF | Regions Financial Corp | secondary | F-01 | Banking | FG-01 | 25.53 Bn | 11.88 | 3.35 | 25.53 Bn |
| 78 | FCNCA | First Citizens Bancshares Inc /De/ | secondary | F-01 | Banking | FG-01 | 24.60 Bn | 10.85 | 89.45 | 24.07 Bn |
| 79 | AER | AerCap Holdings N.V. | secondary | I-01 | Aerospace and Defense | IG-01 | 24.34 Bn | 5.76 | 2.72 | 24.34 Bn |
| 80 | KEY | Keycorp /New/ | secondary | F-01 | Banking | FG-01 | 23.26 Bn | 12.33 | 2.99 | -24.44 Bn |
| 81 | RGLD | Royal Gold Inc | secondary | F-06 | Lending and Credit | FG-02 | 22.24 Bn | 29.86 | 14.38 | 22.06 Bn |
| 82 | SNX | Td Synnex Corp | secondary | T-64 | Technology Services | TG-11 | 20.62 Bn | 18.14 | 0.30 | 19.52 Bn |
| 83 | SNA | Snap-on Inc | secondary | I-08 | Machinery | IG-02 | 19.54 Bn | 18.46 | 3.70 | 17.89 Bn |
| 84 | LEN | Lennar Corp /New/ | secondary | D-08 | Homebuilding | DG-03 | 19.43 Bn | 9.72 | 0.59 | 17.25 Bn |
| 85 | FTAI | FTAI Aviation Ltd. | secondary | I-01 | Aerospace and Defense | IG-01 | 19.00 Bn | 39.78 | 6.10 | 18.66 Bn |
| 86 | CNH | CNH Industrial N.V. | secondary | I-06 | Machinery | IG-02 | 17.18 Bn | 66.07 | 0.94 | 15.31 Bn |
| 87 | CBSH | Commerce Bancshares Inc /Mo/ | secondary | F-01 | Banking | FG-01 | 16.74 Bn | 28.33 | 8.97 | 16.53 Bn |
| 88 | ZTO | ZTO Express (Cayman) Inc. | secondary | I-23 | Transportation | IG-05 | 16.53 Bn | 11.12 | 2.12 | 11.93 Bn |
| 89 | KIM | Kimco Realty Corp | secondary | R-03 | Property REITs | RG-01 | 15.83 Bn | 27.53 | 7.35 | 15.83 Bn |
| 90 | PNFP | Pinnacle Financial Partners, Inc. | secondary | F-01 | Banking | FG-01 | 14.98 Bn | 20.27 | 13.44 | 7.33 Bn |
| 91 | TXT | Textron Inc | secondary | I-01 | Aerospace and Defense | IG-01 | 13.90 Bn | 14.83 | 0.91 | 12.46 Bn |
| 92 | AIZ | Assurant, Inc. | secondary | F-13 | Insurance | FG-04 | 13.89 Bn | 13.06 | 1.03 | 11.86 Bn |
| 93 | ALLY | Ally Financial Inc. | secondary | F-02 | Banking | FG-01 | 12.95 Bn | 9.74 | 1.49 | 5.11 Bn |
| 94 | JEF | Jefferies Financial Group Inc. | secondary | F-17 | Capital Markets | FG-05 | 11.66 Bn | 14.63 | 0.98 | -3.79 Bn |
| 95 | SSB | SouthState Bank Corp | secondary | F-01 | Banking | FG-01 | 10.25 Bn | 10.79 | 35.78 | 7.88 Bn |
| 96 | WTFC | Wintrust Financial Corp | secondary | F-01 | Banking | FG-01 | 10.15 Bn | 11.97 | 3.54 | -62.03 Bn |
| 97 | CFR | Cullen/Frost Bankers, Inc. | secondary | F-01 | Banking | FG-01 | 10.12 Bn | 14.94 | 77.74 | 3.61 Bn |
| 98 | FCFS | FirstCash Holdings, Inc. | secondary | F-04 | Lending and Credit | FG-02 | 10.00 Bn | 25.77 | 2.43 | 9.83 Bn |
| 99 | AVB | Avalonbay Communities Inc | secondary | R-01 | Property REITs | RG-01 | 9.67 Bn | 9.28 | 3.14 | 9.87 Bn |
| 100 | AGCO | Agco Corp /De | secondary | I-06 | Machinery | IG-02 | 9.03 Bn | 18.72 | 0.87 | 8.45 Bn |
| 101 | LAD | Lithia Motors Inc | secondary | D-37 | Retail | DG-10 | 8.24 Bn | 11.45 | 0.22 | 7.88 Bn |
| 102 | VLY | Valley National Bancorp | secondary | F-01 | Banking | FG-01 | 7.61 Bn | 11.46 | 105.76 | 7.27 Bn |
| 103 | FAF | First American Financial Corp | secondary | F-14 | Insurance | FG-04 | 7.35 Bn | 9.84 | 0.92 | 4.23 Bn |
| 104 | TEX | Terex Corp | secondary | I-05 | Machinery | IG-02 | 7.05 Bn | 47.32 | 1.06 | 6.64 Bn |
| 105 | OR | OR Royalties Inc. | secondary | F-06 | Lending and Credit | FG-02 | 6.98 Bn | 18.46 | 19.24 | 6.90 Bn |
| 106 | GATX | Gatx Corp | secondary | I-11 | Machinery | IG-02 | 6.30 Bn | 26.82 | 3.07 | 6.30 Bn |
| 107 | HOMB | Home Bancshares Inc | secondary | F-01 | Banking | FG-01 | 5.97 Bn | 12.46 | 129.11 | 4.92 Bn |
| 108 | STWD | Starwood Property Trust, Inc. | secondary | F-08 | Lending and Credit | FG-02 | 5.83 Bn | 22.01 | 2.90 | 3.66 Bn |
| 109 | RUSHA | Rush Enterprises Inc \Tx\ | secondary | I-31 | Distribution and Rental | IG-07 | 5.76 Bn | 21.57 | 0.80 | 5.50 Bn |
| 110 | ASB | Associated Banc-Corp | secondary | F-01 | Banking | FG-01 | 5.69 Bn | 11.52 | 112.09 | 4.74 Bn |
| 111 | AUB | Atlantic Union Bankshares Corp | secondary | F-01 | Banking | FG-01 | 5.61 Bn | 11.79 | 3.64 | 4.52 Bn |
| 112 | ENVA | Enova International, Inc. | secondary | F-04 | Lending and Credit | FG-02 | 5.61 Bn | 15.77 | 1.63 | 5.48 Bn |
| 113 | RITM | Rithm Capital Corp. | secondary | F-08 | Lending and Credit | FG-02 | 5.52 Bn | 16.48 | 1.09 | 5.52 Bn |
| 114 | HASI | HA Sustainable Infrastructure Capital, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 4.90 Bn | 55.12 | 10.59 | 4.65 Bn |
| 115 | SKY | Champion Homes, Inc. | secondary | D-09 | Homebuilding | DG-03 | 4.64 Bn | — | — | 4.00 Bn |
| 116 | MARA | MARA Holdings, Inc. | secondary | T-59 | Fintech | TG-09 | 4.53 Bn | -1.31 | 5.64 | 4.10 Bn |
| 117 | UCB | United Community Banks Inc | secondary | F-01 | Banking | FG-01 | 4.21 Bn | 11.36 | 3.79 | 3.67 Bn |
| 118 | OPLN | OPENLANE, Inc. | secondary | T-51 | Internet Platforms | TG-08 | 4.03 Bn | -47.27 | 1.94 | 3.84 Bn |
| 119 | ABG | Asbury Automotive Group Inc | secondary | D-37 | Retail | DG-10 | 3.86 Bn | 7.58 | 0.21 | 3.83 Bn |
| 120 | SKYW | Skywest Inc | secondary | I-18 | Transportation | IG-05 | 3.79 Bn | 9.24 | 0.90 | 3.19 Bn |
| 121 | RNST | Renasant Corp | secondary | F-01 | Banking | FG-01 | 3.70 Bn | 11.78 | 3.38 | 2.82 Bn |
| 122 | SII | Sprott Inc. | secondary | F-09 | Asset and Wealth Management | FG-03 | 3.36 Bn | 31.97 | 8.39 | 3.16 Bn |
| 123 | FFBC | First Financial Bancorp /Oh/ | secondary | F-01 | Banking | FG-01 | 3.35 Bn | 11.74 | 3.32 | 3.35 Bn |
| 124 | BKU | BankUnited, Inc. | secondary | F-01 | Banking | FG-01 | 3.29 Bn | 12.01 | 138.61 | 2.92 Bn |
| 125 | HOG | Harley-Davidson, Inc. | secondary | D-04 | Automobiles and Components | DG-01 | 2.81 Bn | 14.35 | 0.66 | 0.91 Bn |
| 126 | FBNC | First Bancorp /Nc/ | secondary | F-01 | Banking | FG-01 | 2.64 Bn | 19.83 | 5.31 | 2.09 Bn |
| 127 | BBT | Beacon Financial Corp | secondary | F-01 | Banking | FG-01 | 2.61 Bn | 16.32 | 82.24 | 1.39 Bn |
| 128 | AGM | Federal Agricultural Mortgage Corp | secondary | F-05 | Lending and Credit | FG-02 | 2.45 Bn | 12.23 | 5.49 | 1.41 Bn |
| 129 | MBIN | Merchants Bancorp | secondary | F-01 | Banking | FG-01 | 2.41 Bn | 10.55 | 3.38 | 1.57 Bn |
| 130 | OAK-PA | Brookfield Oaktree Holdings, LLC | secondary | F-11 | Asset and Wealth Management | FG-03 | 2.40 Bn | 7.97 | 3.88 | 2.40 Bn |
| 131 | PBI | Pitney Bowes Inc /De/ | secondary | I-30 | Business Services | IG-06 | 2.36 Bn | 15.55 | 1.70 | 2.08 Bn |
| 132 | PLUS | Eplus Inc | secondary | T-64 | Technology Services | TG-11 | 2.29 Bn | 16.03 | 0.91 | 1.84 Bn |
| 133 | TRN | Trinity Industries Inc | secondary | I-11 | Machinery | IG-02 | 2.24 Bn | 6.34 | 1.10 | 2.09 Bn |
| 134 | LTC | Ltc Properties Inc | secondary | R-07 | Property REITs | RG-01 | 2.21 Bn | 16.38 | 6.34 | 2.21 Bn |
| 135 | ECPG | Encore Capital Group Inc | secondary | F-06 | Lending and Credit | FG-02 | 2.11 Bn | 7.00 | 1.11 | 1.93 Bn |
| 136 | TBBK | Bancorp, Inc. | secondary | F-02 | Banking | FG-01 | 2.08 Bn | 9.36 | 13.89 | 2.00 Bn |
| 137 | SRCE | 1St Source Corp | secondary | F-01 | Banking | FG-01 | 2.07 Bn | 12.10 | 69.78 | 2.07 Bn |
| 138 | BLX | Bladex, Inc. | secondary | F-01 | Banking | FG-01 | 2.06 Bn | 1.50 | 5.81 | 2.04 Bn |
| 139 | CMRE | Costamare Inc. | secondary | I-21 | Transportation | IG-05 | 1.80 Bn | 5.67 | 2.10 | 1.44 Bn |
| 140 | SMA | SmartStop Self Storage REIT, Inc. | secondary | R-08 | Property REITs | RG-01 | 1.76 Bn | 61.19 | 5.76 | 1.72 Bn |
| 141 | BY | Byline Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 1.69 Bn | 11.31 | 3.65 | 1.47 Bn |
| 142 | QCRH | Qcr Holdings Inc | secondary | F-01 | Banking | FG-01 | 1.67 Bn | 20.00 | 10.52 | 0.85 Bn |
| 143 | CASH | Pathward Financial, Inc. | secondary | F-02 | Banking | FG-01 | 1.67 Bn | 9.42 | 11.10 | 1.52 Bn |
| 144 | IIPR | Innovative Industrial Properties Inc | secondary | R-04 | Property REITs | RG-01 | 1.62 Bn | 12.51 | 6.16 | 1.62 Bn |
| 145 | BC-PC | Brunswick Corp | secondary | D-04 | Automobiles and Components | DG-01 | 1.58 Bn | -40.64 | 0.28 | 1.27 Bn |
| 146 | TFIN | Triumph Financial, Inc. | secondary | F-01 | Banking | FG-01 | 1.57 Bn | 44.41 | 27.59 | 0.67 Bn |
| 147 | TRTN-PA | Triton International Ltd | secondary | I-11 | Machinery | IG-02 | 1.42 Bn | -2.78 | 19.72 | 1.42 Bn |
| 148 | CNF | CNFinance Holdings Ltd. | secondary | F-05 | Lending and Credit | FG-02 | 1.41 Bn | -27.01 | 27.92 | 1.41 Bn |
| 149 | ATLC | Atlanticus Holdings Corp | secondary | F-06 | Lending and Credit | FG-02 | 1.41 Bn | 9.71 | 0.53 | 0.85 Bn |
| 150 | TMP | Tompkins Financial Corp | secondary | F-01 | Banking | FG-01 | 1.40 Bn | 7.96 | 3.07 | 1.40 Bn |
| 151 | PEBO | Peoples Bancorp Inc | secondary | F-01 | Banking | FG-01 | 1.38 Bn | -40.68 | 54.63 | 1.20 Bn |
| 152 | GOLD | Gold.com, Inc. | secondary | D-36 | Retail | DG-10 | 1.36 Bn | 16.43 | 0.06 | 0.78 Bn |
| 153 | GBX | Greenbrier Companies Inc | secondary | I-11 | Machinery | IG-02 | 1.32 Bn | 14.63 | 0.50 | 1.05 Bn |
| 154 | WLFC | Willis Lease Finance Corp | secondary | I-01 | Aerospace and Defense | IG-01 | 1.20 Bn | 13.95 | 1.57 | 1.20 Bn |
| 155 | JCAP | Jefferson Capital, Inc. / DE | secondary | F-06 | Lending and Credit | FG-02 | 1.20 Bn | 8.21 | 1.88 | 1.18 Bn |
| 156 | HTT | High Templar Tech Ltd | secondary | F-04 | Lending and Credit | FG-02 | 1.06 Bn | 10.80 | 186.91 | 0.16 Bn |
| 157 | UPBD | Upbound Group, Inc. | secondary | F-06 | Lending and Credit | FG-02 | 1.06 Bn | 11.75 | 0.22 | 0.96 Bn |
| 158 | LU | Lufax Holding Ltd | secondary | F-06 | Lending and Credit | FG-02 | 1.05 Bn | -2.06 | 0.29 | -1.58 Bn |
| 159 | NBBK | NB Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 1.01 Bn | 17.01 | 3.88 | 0.61 Bn |
| 160 | BUR | Burford Capital Ltd | secondary | F-06 | Lending and Credit | FG-02 | 0.98 Bn | -0.58 | 0.50 | 0.98 Bn |
| 161 | ESQ | Esquire Financial Holdings, Inc. | secondary | F-01 | Banking | FG-01 | 0.97 Bn | 18.43 | 6.09 | 0.73 Bn |
| 162 | MTA | Metalla Royalty & Streaming Ltd. | secondary | F-06 | Lending and Credit | FG-02 | 0.96 Bn | -553.88 | — | 0.95 Bn |
| 163 | ABX | Abacus Global Management, Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.91 Bn | 32.42 | 3.42 | 0.89 Bn |
| 164 | SMBK | Smartfinancial Inc. | secondary | F-01 | Banking | FG-01 | 0.86 Bn | 15.38 | 3.99 | 0.37 Bn |
| 165 | EGBN | Eagle Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.83 Bn | -17.25 | 2.77 | 0.83 Bn |
| 166 | PGC | Peapack Gladstone Financial Corp | secondary | F-01 | Banking | FG-01 | 0.81 Bn | 15.63 | 2.55 | 0.81 Bn |
| 167 | HTB | HomeTrust Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.78 Bn | 12.05 | 3.62 | 0.50 Bn |
| 168 | CTO | CTO Realty Growth, Inc. | secondary | R-03 | Property REITs | RG-01 | 0.75 Bn | 16.60 | 4.64 | 0.75 Bn |
| 169 | CUBB | Customers Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.74 Bn | 2.61 | 0.81 | -3.44 Bn |
| 170 | PRAA | Pra Group Inc | secondary | F-06 | Lending and Credit | FG-02 | 0.73 Bn | -2.89 | 0.55 | 0.60 Bn |
| 171 | PFIS | Peoples Financial Services Corp. | secondary | F-01 | Banking | FG-01 | 0.71 Bn | 12.47 | 53.99 | 0.22 Bn |
| 172 | VEL | Velocity Financial, Inc. | secondary | F-05 | Lending and Credit | FG-02 | 0.70 Bn | 6.54 | -2.04 | -6.75 Bn |
| 173 | LEGH | Legacy Housing Corp | secondary | D-09 | Homebuilding | DG-03 | 0.65 Bn | 12.62 | 3.60 | 0.62 Bn |
| 174 | UROY | Uranium Royalty Corp. | secondary | F-06 | Lending and Credit | FG-02 | 0.62 Bn | 226.39 | 15.65 | 0.52 Bn |
| 175 | NPB | Northpointe Bancshares Inc | secondary | F-01 | Banking | FG-01 | 0.59 Bn | 7.59 | 2.34 | 0.05 Bn |
| 176 | FBIZ | First Business Financial Services, Inc. | secondary | F-01 | Banking | FG-01 | 0.59 Bn | 10.76 | 3.31 | 0.42 Bn |
| 177 | MBNKO | Medallion Financial Corp | secondary | F-01 | Banking | FG-01 | 0.59 Bn | — | — | 0.45 Bn |
| 178 | NRIM | Northrim Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.58 Bn | 8.46 | 119.09 | 0.54 Bn |
| 179 | GROY | Gold Royalty Corp. | secondary | F-06 | Lending and Credit | FG-02 | 0.58 Bn | 180.86 | 25.56 | 0.56 Bn |
| 180 | CIVB | Civista Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.56 Bn | 10.90 | 28.76 | 0.55 Bn |
| 181 | OPFI | OppFi Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.51 Bn | 2.77 | 1.40 | 0.42 Bn |
| 182 | CSV | Carriage Services Inc | secondary | D-30 | Consumer Services | DG-09 | 0.50 Bn | 10.57 | 1.21 | 0.50 Bn |
| 183 | AHRT | AH Realty Trust, Inc. | secondary | R-03 | Property REITs | RG-01 | 0.48 Bn | -10.08 | 2.26 | 0.48 Bn |
| 184 | ORBS | Eightco Holdings Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.42 Bn | -1.59 | 16.60 | 0.35 Bn |
| 185 | FRST | Primis Financial Corp. | secondary | F-01 | Banking | FG-01 | 0.40 Bn | 7.52 | 1.77 | 0.22 Bn |
| 186 | OPRT | Oportun Financial Corp | secondary | F-04 | Lending and Credit | FG-02 | 0.38 Bn | 19.41 | 0.40 | 0.24 Bn |
| 187 | ALUB-UN | Alussa Energy Acquisition Corp. II | secondary | F-06 | Lending and Credit | FG-02 | 0.37 Bn | 103.23 | — | 0.37 Bn |
| 188 | SNDL | SNDL Inc. | secondary | S-09 | Tobacco and Cannabis | SG-04 | 0.36 Bn | -17.72 | 0.54 | 0.23 Bn |
| 189 | DIN | Dine Brands Global, Inc. | secondary | D-17 | Restaurants | DG-06 | 0.35 Bn | 55.99 | 0.39 | 0.20 Bn |
| 190 | AVBH | Avidbank Holdings, Inc. | secondary | F-01 | Banking | FG-01 | 0.33 Bn | -23.65 | 20.04 | 0.17 Bn |
| 191 | COSO | CoastalSouth Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.33 Bn | 12.01 | 161.24 | 0.29 Bn |
| 192 | FSBW | FS Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.32 Bn | 9.47 | 2.03 | 0.29 Bn |
| 193 | SWKHL | SWK Holdings Corp | secondary | F-06 | Lending and Credit | FG-02 | 0.31 Bn | -333.28 | 7.49 | 0.27 Bn |
| 194 | FNRN | First Northern Community Bancorp | secondary | F-01 | Banking | FG-01 | 0.28 Bn | 12.53 | 103.73 | -0.09 Bn |
| 195 | RC | Ready Capital Corp | secondary | F-08 | Lending and Credit | FG-02 | 0.28 Bn | -0.49 | -49.18 | 0.28 Bn |
| 196 | TROO | Troops, Inc. /Cayman Islands/ | secondary | F-06 | Lending and Credit | FG-02 | 0.26 Bn | -9.35 | 16.01 | 0.25 Bn |
| 197 | ACRE | Ares Commercial Real Estate Corp | secondary | F-08 | Lending and Credit | FG-02 | 0.25 Bn | -55.63 | 4.47 | 0.21 Bn |
| 198 | MRBK | Meridian Corp | secondary | F-01 | Banking | FG-01 | 0.23 Bn | 10.77 | 34.69 | 0.19 Bn |
| 199 | REFI | Chicago Atlantic Real Estate Finance, Inc. | secondary | F-08 | Lending and Credit | FG-02 | 0.23 Bn | 4.01 | — | 0.21 Bn |
| 200 | HQI | HireQuest, Inc. | secondary | I-25 | Business Services | IG-06 | 0.22 Bn | 31.96 | 7.26 | 0.22 Bn |
| 201 | CPSS | Consumer Portfolio Services, Inc. | secondary | F-04 | Lending and Credit | FG-02 | 0.20 Bn | 9.22 | 0.44 | 0.03 Bn |
| 202 | ORMP | Oramed Pharmaceuticals Inc. | secondary | H-02 | Pharmaceuticals and Biotechnology | HG-01 | 0.20 Bn | 1.15 | — | 0.20 Bn |
| 203 | STRW | Strawberry Fields REIT, Inc. | secondary | R-07 | Property REITs | RG-01 | 0.19 Bn | 5.14 | 1.17 | 0.14 Bn |
| 204 | MNSBP | MainStreet Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.18 Bn | 10.95 | 80.89 | 0.07 Bn |
| 205 | PNBK | Patriot National Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.11 Bn | -17.05 | 2.85 | -0.01 Bn |
| 206 | TOP | TOP Financial Group Ltd | secondary | F-19 | Capital Markets | FG-05 | 0.11 Bn | -987.68 | 121.27 | 0.06 Bn |
| 207 | EMPD | Empery Digital Inc. | secondary | F-22 | Capital Markets | FG-05 | 0.08 Bn | -0.31 | -536.98 | 0.08 Bn |
| 208 | SUIG | SUI Group Holdings Ltd. | secondary | F-06 | Lending and Credit | FG-02 | 0.08 Bn | -0.28 | 26.37 | 0.08 Bn |
| 209 | JFIN | Jiayin Group Inc. | secondary | T-56 | Fintech | TG-09 | 0.08 Bn | 1.81 | 0.14 | 0.00 Bn |
| 210 | MGTE | Marblegate Capital Corp | secondary | F-06 | Lending and Credit | FG-02 | 0.07 Bn | -1.63 | 1.21 | 0.06 Bn |
| 211 | ICRP | InPoint Commercial Real Estate Income, Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.06 Bn | -3.17 | 2.59 | 0.00 Bn |
| 212 | HGBL | Heritage Global Inc. | secondary | I-31 | Distribution and Rental | IG-07 | 0.05 Bn | -3.35 | 1.01 | 0.04 Bn |
| 213 | GFLT | GenFlat Holdings, Inc. | secondary | I-11 | Machinery | IG-02 | 0.05 Bn | -13.09 | 7,730.37 | 0.04 Bn |
| 214 | RMCO | Royalty Management Holding Corp | secondary | F-06 | Lending and Credit | FG-02 | 0.04 Bn | -344.09 | 7.22 | 0.04 Bn |
| 215 | STRR | Star Equity Holdings, Inc. | secondary | I-13 | Construction Products | IG-03 | 0.04 Bn | -3.56 | 0.19 | 0.03 Bn |
| 216 | QNTO | Quaint Oak Bancorp, Inc. | secondary | F-03 | Banking | FG-01 | 0.04 Bn | 49.17 | 30.46 | -0.01 Bn |
| 217 | TRLC | TriLinc Global Impact Fund LLC | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.04 Bn | 10.44 | — | 0.04 Bn |
| 218 | BMNM | Bimini Capital Management, Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.03 Bn | 5.30 | 1.28 | 0.03 Bn |
| 219 | ZLME | Zhanling International Ltd | secondary | F-06 | Lending and Credit | FG-02 | 0.03 Bn | -721.26 | — | 0.03 Bn |
| 220 | TXMD | TherapeuticsMD, Inc. | secondary | H-01 | Pharmaceuticals and Biotechnology | HG-01 | 0.02 Bn | -132.69 | 7.51 | 0.02 Bn |
| 221 | CTRM | Castor Maritime Inc. | secondary | I-21 | Transportation | IG-05 | 0.02 Bn | 0.29 | 0.29 | 0.02 Bn |
| 222 | ABCP | AmBase Corp | secondary | F-06 | Lending and Credit | FG-02 | 0.02 Bn | -8.94 | — | 0.02 Bn |
| 223 | STQN | Strategic Acquisitions Inc /Nv/ | secondary | F-06 | Lending and Credit | FG-02 | 0.02 Bn | -131.82 | — | 0.02 Bn |
| 224 | UPYY | Upay | secondary | T-22 | Business Applications | TG-03 | 0.02 Bn | -11.27 | 19.76 | 0.02 Bn |
| 225 | KARX | Karbon-X Corp. | secondary | F-06 | Lending and Credit | FG-02 | 0.01 Bn | -1.11 | 0.23 | 0.01 Bn |
| 226 | APHP | American Picture House Corp | secondary | C-08 | Entertainment Content | CG-03 | 0.01 Bn | 24.04 | 13.32 | 0.01 Bn |
| 227 | SPST | Superstar Platforms Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.01 Bn | -22.51 | — | 0.01 Bn |
| 228 | SMXT | SolarMax Technology, Inc. | secondary | I-17 | Construction Services | IG-04 | 0.01 Bn | -1.93 | 0.10 | 0.01 Bn |
| 229 | AIHS | Senmiao Technology Ltd | secondary | F-06 | Lending and Credit | FG-02 | 0.01 Bn | -0.27 | 5.15 | 0.00 Bn |
| 230 | SPFX | Standard Premium Finance Holdings, Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.01 Bn | 7.06 | 0.69 | 0.01 Bn |
| 231 | SUND | Sundance Strategies, Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.01 Bn | — | — | 0.01 Bn |
| 232 | DSS | Dss, Inc. | secondary | M-23 | Packaging | MG-04 | 0.01 Bn | -0.39 | 0.41 | 0.00 Bn |
| 233 | TCRI | TechCom, Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.01 Bn | -111.02 | — | 0.01 Bn |
| 234 | SRCO | Sparta Commercial Services, Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.00 Bn | -1.26 | 12.42 | 0.01 Bn |
| 235 | BENF | Beneficient | secondary | F-06 | Lending and Credit | FG-02 | 0.00 Bn | -0.04 | 0.06 | 0.00 Bn |
| 236 | INTJ | Intelligent Group Ltd | secondary | C-04 | Advertising and Media | CG-02 | 0.00 Bn | -1.23 | 1.82 | -0.01 Bn |
| 237 | CMCT | Creative Media & Community Trust Corp | secondary | R-02 | Property REITs | RG-01 | 0.00 Bn | — | — | -0.02 Bn |
| 238 | DEVSF | DevvStream Corp. | secondary | F-06 | Lending and Credit | FG-02 | 0.00 Bn | -0.25 | 86.12 | 0.00 Bn |
| 239 | SHFS | SHF Holdings, Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.00 Bn | -0.22 | 0.14 | 0.00 Bn |
| 240 | QPRC | Quest Patent Research Corp | secondary | F-06 | Lending and Credit | FG-02 | 0.00 Bn | -0.09 | 0.28 | 0.00 Bn |
| 241 | PWCM | Powercompute, Inc. | secondary | T-59 | Fintech | TG-09 | 0.00 Bn | -0.03 | 0.12 | 0.00 Bn |
| 242 | PTLE | PTL Ltd | secondary | E-07 | Refining and Marketing | EG-03 | 0.00 Bn | -0.55 | 0.02 | 0.00 Bn |
| 243 | FTFT | Future FinTech Group Inc. | secondary | F-06 | Lending and Credit | FG-02 | 0.00 Bn | -0.16 | 0.26 | 0.00 Bn |
| 244 | MNTR | Mentor Capital, Inc. | secondary | E-03 | Oil and Gas Upstream | EG-01 | 0.00 Bn | -1.63 | 3.29 | 0.00 Bn |
| 245 | LRHC | La Rosa Holdings Corp. | secondary | R-17 | Real Estate Services | RG-04 | 0.00 Bn | -0.02 | 0.01 | 0.00 Bn |
| 246 | TAAG | Awareness Group, Inc. | secondary | F-04 | Lending and Credit | FG-02 | 0.00 Bn | 0.53 | 0.11 | 0.00 Bn |
| 247 | CREG | Smart Powerr Corp. | secondary | I-36 | Waste Management | IG-08 | 0.00 Bn | -0.18 | 1.35 | 0.00 Bn |
| 248 | TANH | Tantech Holdings Ltd | secondary | M-02 | Chemicals | MG-01 | 0.00 Bn | -0.01 | 0.00 | -0.03 Bn |