| Ticker | Mentions | Stance | Conv | Entry | P&L YTD | Theme | Thesis (click to expand) | Mentioned | Src |
|---|---|---|---|---|---|---|---|---|---|
| PSBD | ×1 | LONG | HIGH | $10.60 | Other | Palmer Square BDC (PSBD) trades at a deep discount to net asset value despite high transparency from monthly NAV reporting, tradable underlying assets, and strong credit quality in large borrowers. Historically, such discounts have been excellent entry points for public BDCs. The firm is actively buying back shares, which is accretive at current levels, and the discount should converge over time. | Apr 26 | YOUTUBE | |
| ARCC | ×1 | LONG | LOW | $18.67 | Fintech | Aries Management (ARCC) is a well-run BDC with a long track record and strong management team. It is a respected player in the space and would be a top pick among public BDCs if not for his own firm. | Apr 26 | YOUTUBE |