Runway Growth Finance Corp.
Runway Growth Finance Corp. (RWAY) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · RWAY · as of Sep 30, 2025
Ownership Breakdown
92
Institutional Holders
▲ 13 vs Q2
$215.60M
Total Inst. Value
▼ $1.27M vs Q2
36.13M
Shares Outstanding
freeFloat 98.52%
21.26M
13F Shares Held
▲ 1.05M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
RWAY largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
OAKTREE CAPITAL MANAGEMENT LP | 8.28M | 22.32% | 22.32% | $84.12B | Nov 13, 2025 | ▼ 1.50M |
HIGHTOWER ADVISORS, LLC | 1.44M | 3.89% | 3.89% | $14.65B | Nov 7, 2025 | ▲ 49.7K |
SOUND INCOME STRATEGIES, LLC | 1.41M | 3.80% | 3.80% | $13.84B | Oct 10, 2025 | NEW |
BULLDOG INVESTORS, LLP | 1.04M | 2.81% | 2.81% | $10.58B | Nov 14, 2025 | ▲ 971 |
ALLIUM FINANCIAL ADVISORS, LLC | 956.6K | 2.58% | 2.58% | $9.72B | Nov 14, 2025 | ▼ 7.4K |
NORTH GROUND CAPITAL | 775.0K | 2.09% | 2.09% | $7.87B | Oct 29, 2025 | ▲ 253.5K |
TWO SIGMA ADVISERS, LP | 757.7K | 2.04% | 2.04% | $7.70B | Nov 14, 2025 | ▼ 26.3K |
TWO SIGMA INVESTMENTS, LP | 602.4K | 1.62% | 1.62% | $6.12B | Nov 14, 2025 | ▲ 40.4K |
FRANKLIN RESOURCES INC | 494.5K | 1.33% | 1.33% | $5.02B | Nov 13, 2025 | ▲ 32.5K |
ARES MANAGEMENT LLC | 435.9K | 1.17% | 1.17% | $4.43B | Nov 14, 2025 | — held |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
23
Increased
+1.37M shares6
New Positions
first time holders15
Decreased
−2.19M shares0
Sold Out
fully exitedNet shares change (top 50)
820.7K
+1.37M / −2.19M
Net new holders
+14
6 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
RWAY insider trading · insider activity
Source: SEC Form 4
Insiders have been net buyers of shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
4
Buy transactions
1
Sell transactions
4.00
Buy/Sell ratio
$1M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Raterman Thomas B. CFO, COO | May 20, 2026 | Purchase | 7,000 | $6.33 | $44.3K | 98.4K | Form 4 ↗ |
Raterman Thomas B. CFO, COO | May 14, 2026 | Purchase | 100 | $6.67 | $667 | 91.4K | Form 4 ↗ |
Raterman Thomas B. CFO, COO | May 14, 2026 | Purchase | 2,900 | $6.67 | $19.3K | 91.3K | Form 4 ↗ |
SPRENG R DAVID President and CEO | May 20, 2026 | Purchase | 3,000 | $6.37 | $19.1K | 193.5K | Form 4 ↗ |
SPRENG R DAVID President, CEO and CIO | May 20, 2026 | Award | 3,000 | $6.37 | $19.1K | 193.5K | Form 4 ↗ |
Raterman Thomas B. CFO, COO | May 20, 2026 | Award | 7,000 | $6.33 | $44.3K | 98.4K | Form 4 ↗ |
Raterman Thomas B. CFO, COO | May 14, 2026 | Award | 100 | $6.67 | $667 | 91.4K | Form 4 ↗ |
Raterman Thomas B. CFO, COO | May 14, 2026 | Award | 2,900 | $6.67 | $19.3K | 91.3K | Form 4 ↗ |
Carlson Capital, L.P. 10 percent owner | Apr 9, 2026 | Sale | 560,105 | $6.59 | $3.69M | 3.88M | Form 4 ↗ |
OCM Growth Holdings LLC 10 percent owner | Nov 17, 2025 | Sale | 1,250,000 | $9.05 | $11.31M | 7.03M | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Runway Growth Finance Corp. (RWAY) is primarily owned by institutional investors, who hold approximately 58.9% of total shares outstanding. Company insiders own approximately 1.48%, while retail and public investors account for the remaining 39.67%.
The largest institutional shareholder of Runway Growth Finance Corp. is OAKTREE CAPITAL MANAGEMENT LP, holding approximately 8.28 million shares — equal to 22.32% of outstanding shares — as of September 30, 2025.
A total of 92 institutional investors currently hold RWAY stock, with a combined institutional value of approximately $215,600,204 as of the most recent 13F filing period.
Frequently asked questions
RWAY ownershipRunway Growth Finance Corp. (RWAY) is primarily owned by institutional investors, who hold approximately 58.9% of shares. The largest shareholder is OAKTREE CAPITAL MANAGEMENT LP with a 22.32% stake. Company insiders hold 1.48%. Data sourced from SEC Form 13F as of September 30, 2025.