The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.

BDC portfolio

FS KKR Capital Corp

BDCFSKCIK 1422183file 814-00757PHILADELPHIA, PAmanaged by FS/KKR ADVISOR, LLC
Fair value
$13B
as of Jun 30, 2026
Principal held
$12B
debt pieces, the filer's figure
Cost
$14B
91c on cost
Unfunded
$1.1B
commitments not yet drawn
Positions
942
225 borrowers
First lien
37%
83% debt by fair value
Quarters on the tape
18
since Dec 31, 2020
Facilities held
337
41 sponsors financed
Portfolio through time
Fair value by quarter end$13B as of Jun 30, 2026
Dec 31, 2020$1.9B then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$13B22591c21546 bp
Mar 31, 2026$14B22892c21553 bp
Dec 31, 2025$16B22995c28564 bp
Sep 30, 2025$15B22196c28565 bp
Jun 30, 2025$15B21596c30578 bp
Mar 31, 2025$16B22298c27598 bp
Dec 31, 2024$35B22298c120558 bp
Sep 30, 2024$16B21797c36564 bp
Jun 30, 2024$15B20696c38583 bp
Mar 31, 2024$15B20397c51597 bp
Dec 31, 2023$47B21096c106619 bp
Sep 30, 2023$16B20296c63613 bp
Jun 30, 2023$16B19795c58617 bp
Mar 31, 2023$16B19295c52611 bp
Dec 31, 2022$36B21295c102611 bp
Sep 30, 2022$17B20096c49634 bp
Dec 31, 2021$26B202106c66630 bp
Dec 31, 2020$1.9B40n/a3n/a

Each quarter end is the schedule as filed for that instant; a restated year end is taken from the latest filing that carries it.

Sponsors financed
No borrower on this schedule has a sponsor attribution yet.

Counted at BDC level here; the adviser page counts across every BDC it manages. A sponsor named by Form D signer consensus is an inference.

What changed
Every position change, including routine ones
Largest facilities held, with co-lenders
Schedule of investments at Jun 30, 2026
942 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
ATX Networks Corpunstated lien unstated$29.6M$29.6M
100c
S+600 bpSep 1, 2026
Vehicle Secured Funding Trust
Financial Services
term loan lien unstated$29.3M$29.3M
100c
S+1500 bpJan 1, 2046
Service Logic LLCunstated lien unstated$29.2M$28.9M
100c
S+480 bp
PIK 2.30%
Dec 1, 2032
Nidda Healthcare Holding AGunstated lien unstated$25.5M$28.6M
99c
S+950 bpOct 1, 2033
DOXA Insurance Holdings LLCunstated lien unstated$29.3M$28.6M
98c
S+480 bpDec 1, 2030
Shaw Development LLCunstated lien unstated$27.6M$27.6M
101c
S+600 bpOct 1, 2029
Vituunstated lien unstated$27.2M$27.5M
101c
S+450 bpJan 1, 2032
Drive Revel, ABF Equity | Financial Services
Financial Services
equity equityn/a$27.0M
116c
Gracent LLC
Health Care Equipment & Services
unstated lien unstated$38.2M$26.9M
79c
S+1200 bpFeb 1, 2027
BGB Group LLCterm loan first lien$26.5M$26.7M
101c
S+530 bpFeb 1, 2030
Dental365 LLCunstated lien unstated$26.6M$26.6M
100c
S+500 bpAug 1, 2028
Lipari Foods LLCterm loan first lien$26.6M$26.6M
100c
S+550 bpOct 1, 2031
Corsearch Intermediate Inc
Software & Services
term loan first lien$30.1M$26.4M
90c
S+600 bpApr 1, 2028
Woolpert Incterm loan first lien$26.4M$25.8M
98c
S+450 bpApr 1, 2032
KKR Central Park Leasing Aggregator L.P.equity equityn/a$25.5M
65c
Harley-Davidson Financial Services Inc, ABF Equityunstated lien unstatedn/a$25.4M
100c
West Star Aviation Incunstated lien unstated$25.1M$25.1M
100c
S+450 bpMay 1, 2032
Rockefeller Capital Management LPunstated lien unstated$24.6M$24.8M
101c
S+450 bpDec 1, 2032
PCI Pharma Servicesunstated lien unstated$25.1M$24.6M
99c
S+500 bpOct 1, 2032
GE Vernova Electrification Software LLCunstated lien unstated$25.2M$24.5M
98c
S+480 bpMar 1, 2033
Clarience Technologies LLCterm loan first lien$24.5M$24.4M
100c
S+480 bpFeb 1, 2032
Equity Real Estate Investment Trusts (REITs)subordinated debt unsecured or subordinated$66.2M$23.5M
37c
S+1100 bp
PIK 6.00%
Mar 1, 2030
Australis Maritime II, ABF Equity
Transportation
unstated lien unstatedn/a$23.5M
104c
Nordic Climate Group Holding ABunstated lien unstated$227M$23.4M
111c
S+540 bpJun 1, 2031
Star Mountain Diversified Credit Income Fund III, LP, ABF Equity
Financial Services
unstated lien unstatedn/a$23.4M
124c
My Community Homes PropCo 2term loan lien unstated$23.0M$23.0M
100c
S+100 bpJun 1, 2035
NEFCO Corpunstated lien unstated$22.7M$22.7M
100c
S+450 bpJan 1, 2033
OEConnection LLCterm loan second lien$23.2M$22.7M
98c
S+450 bpDec 1, 2032
Excelitas Technologies Corpterm loan first lien$22.3M$22.2M
100c
S+530 bpAug 1, 2029
Foundation Consumer Brands LLCterm loan first lien$22.1M$22.1M
103c
S+500 bpFeb 1, 2029
Slate Venture Holdings LP, ABF Equityunstated lien unstatedn/a$21.9M
124c
CDS US Intermediate Holdings Inc
Media & Entertainment
equity equityn/a$21.8M
119c
TDC LLP, Preferred Equity | Financial Services
Financial Services
preferred equity equity$16.1M$21.7M
101c
S+800 bp
Trackunit ApSunstated lien unstated$22.1M$21.2M
96c
S+500 bpMay 1, 2032
Auxilior Capital Partners Inc
Financial Services
preferred equity equity$20.9M$20.9M
100c
S+1450 bp
PIK 9.50%
Apr 1, 2030
NeoGov Newt Holdco Incunstated lien unstated$21.5M$20.9M
98c
S+430 bpSep 1, 2032
48Forty Solutions LLCterm loan first lien$20.8M$20.8M
103c
S+530 bpJan 1, 2031
CSafe Globalterm loan first lien$15.2M$20.2M
104c
S+580 bpDec 1, 2028
West Star Aviation Incunstated lien unstated$19.9M$19.9M
101c
S+450 bpMay 1, 2032
VetCor Professional Practices LLCterm loan first lien$20.8M$19.9M
96c
S+530 bpAug 1, 2029
Belk Inc
Consumer Discretionary Distribution & Retail
equity equityn/a$19.9M
166c
Lazer Logistics Incunstated lien unstated$19.7M$19.7M
101c
S+480 bpMay 1, 2030
HM Dunn Co Incterm loan first lien$19.1M$19.1M
100c
S+600 bpJun 1, 2031
PSC Groupunstated lien unstated$18.9M$18.9M
101c
S+530 bpApr 1, 2031
Sphera Solutions Incunstated lien unstated$20.0M$18.9M
95c
S+450 bpSep 1, 2032
Insightsoftware.Com Incunstated lien unstated$21.1M$18.8M
89c
S+530 bpMay 1, 2028
Integrated Power Services LLCunstated lien unstated$19.0M$18.6M
98c
S+480 bpNov 1, 2031
Follett Software Coterm loan first lien$18.7M$18.5M
99c
S+450 bpAug 1, 2031
Wealth Enhancement Group LLCterm loan first lien$18.4M$18.4M
100c
S+430 bpOct 1, 2028
One Call Care Management Inc
Health Care Equipment & Services
preferred equity equityn/a$18.1M
79c
Magna Legal Services LLCunstated lien unstated$17.9M$17.9M
101c
S+450 bpNov 1, 2029
KSC I Aircraft LP, ABF Equityunstated lien unstatedn/a$17.8M
101c
Capital Automotive LP, Structuredsubordinated debt unsecured or subordinated$17.7M$17.7M
101c
S+1100 bpDec 1, 2028
Capital Automotive LP, ABF Equityequity equityn/a$17.6M
169c
Xylem Kendallunstated lien unstated$17.6M$17.6M
100c
S+580 bpApr 1, 2030
Circana Group (f.k.a. NPD Group)unstated lien unstated$17.3M$17.3M
100c
S+430 bpDec 1, 2029
Belk Inc
Consumer Discretionary Distribution & Retail
unstated lien unstated$16.9M$17.2M
102c
S+1500 bpJul 1, 2029
AGS Health LLCunstated lien unstated$17.3M$16.9M
98c
S+430 bpAug 1, 2032
Rialto Capital Management LLCunstated lien unstated$16.7M$16.8M
101c
S+500 bpDec 1, 2030
Bonterra LLCunstated lien unstated$17.0M$16.6M
98c
S+480 bpMar 1, 2032
Granicus Incunstated lien unstated$16.6M$16.5M
99c
S+550 bp
PIK 2.00%
Jan 1, 2031
Hibu Incterm loan first lien$16.1M$16.2M
101c
S+630 bpMay 1, 2027
GreenSky Holdings LLC, ABF Equityunstated lien unstatedn/a$16.2M
151c
Affordable Care Incterm loan first lien$16.2M$16.2M
100c
S+630 bpJun 1, 2031
Learning Experience Corp/Theunstated lien unstated$15.9M$16.1M
102c
S+480 bpJul 1, 2032
HM Dunn Co Incpreferred equity equityn/a$16.0M
111c
S+1200 bp
Xylem Kendallunstated lien unstated$15.9M$15.9M
100c
S+580 bpApr 1, 2030
48Forty Solutions LLCterm loan first lien$15.6M$15.6M
103c
S+500 bpJan 1, 2031
PayPal Europe Sarl et Cie SCA, ABF Equity
Financial Services
unstated lien unstatedn/a$15.5M
79c
Com Laude Group Ltdunstated lien unstated$15.9M$15.5M
98c
S+500 bpDec 1, 2032
Flexsys Holdings Inc, Private Equity
Materials
unstated lien unstatedn/a$15.4M
101c
Sweeping Corp of America LLCterm loan first lien$15.4M$15.4M
101c
S+580 bpJun 1, 2027
Bond Aviation Holdings LLC, Term Loan | Transportation 1
Transportation
term loan lien unstated$15.4M$15.4M
100c
S+900 bpOct 1, 2033
Heniff Transportation Systems LLCterm loan first lien$17.6M$15.3M
87c
S+600 bpJul 1, 2027
Frontline Road Safety LLCunstated lien unstated$15.7M$15.3M
97c
S+480 bpMar 1, 2032
Lionbridge Technologies Incterm loan first lien$61.7M$15.2M
28c
S+600 bpMay 1, 2031
Advania Sverige ABterm loan first lien$161M$15.1M
101c
S+500 bpJun 1, 2031
Affordable Care Inc
Health Care Equipment & Services
term loan first lien$14.4M$14.4M
100c
S+1000 bpJun 1, 2032
DuBois Chemicals Incunstated lien unstated$14.7M$14.4M
98c
S+500 bpJun 1, 2031
Clearwater Analytics LLCunstated lien unstated$14.3M$14.3M
100c
S+450 bpJun 1, 2033
NAVEX Global Incunstated lien unstated$14.7M$14.3M
98c
S+500 bpOct 1, 2032
Cadence Education LLCunstated lien unstated$14.3M$14.2M
99c
S+500 bpMay 1, 2031
Borden (New Dairy Opco)equity equityn/a$14.0M
DOXA Insurance Holdings LLCunstated lien unstated$14.0M$13.9M
99c
S+490 bpDec 1, 2030
Time Manufacturing Coterm loan first lien$13.6M$13.7M
95c
S+650 bpDec 1, 2027
Dental365 LLCunstated lien unstated$13.6M$13.6M
100c
S+500 bpAug 1, 2028
West Star Aviation Incunstated lien unstated$13.6M$13.6M
100c
S+450 bpMay 1, 2032
Bonterra LLCunstated lien unstated$13.6M$13.3M
98c
S+500 bpMar 1, 2032
GreenSky Holdings LLC, ABF Equityunstated lien unstatedn/a$13.0M
114c
VetCor Professional Practices LLCterm loan first lien$13.4M$12.8M
97c
S+530 bpAug 1, 2029
Wittur Holding GmbHterm loan second lien$12.0M$12.5M
167c
S+600 bp
PIK 5.90%
Dec 1, 2028
Magna Legal Services LLCunstated lien unstated$12.4M$12.4M
100c
S+450 bpNov 1, 2029
Conservice LLCunstated lien unstated$12.6M$12.3M
98c
S+450 bpFeb 1, 2033
Time Manufacturing Coterm loan first lien$14.0M$12.3M
88c
S+550 bpDec 1, 2027
Service Express Incunstated lien unstated$12.2M$12.2M
100c
S+450 bpDec 1, 2032
Capital Goodsequity equityn/a$12.1M
139c
Nottingdale Receivables Limited (FKA TalkTalk Telecom Group Ltd)revolver lien unstated$9.0M$12.0M
103c
S+700 bpSep 1, 2026
Eagle Railcar Services Roscoe Incunstated lien unstated$12.0M$12.0M
100c
S+450 bpJun 1, 2032
Version1 Software Ltdterm loan first lien$10.6M$12.0M
103c
S+470 bpJul 1, 2029
Reliant Rehab Hospital Cincinnati LLCterm loan first lien$50.8M$11.2M
32c
S+630 bpFeb 1, 2028
Page 2 of 10PreviousNext
Registration
Fiscal year end
1231reported
Incorporated
MDreported
On the SEC BDC report
2012 to 2026reported
Filings listed
19reported10-Q and 10-K since 2022
Former names
FS Investment CORP; Franklin Square Investment CORPreported
Latest schedule
0001628280-26-053783reported