Sound Point Meridian Capital Inc
SPMC13.606USD
-0.034-0.25%
Market hours （ET）Quotes delayed by 15 min
278.56MMarket Cap
15.71P/E TTM
More Details of Sound Point Meridian Capital Inc Company
Sound Point Meridian Capital, Inc. is an externally managed, non-diversified, closed-end management investment company. The Company’s investment objective is to generate high current income, with a secondary objective to generate capital appreciation. It seeks to achieve its investment objectives by investing primarily in third-party collateralized loan obligations (CLO) equity and mezzanine tranches of predominately United States dollar denominated CLOs backed by corporate leveraged loans issued primarily to United States obligors. It may also invest in other securities and instruments including, among other investments, junior debt tranches of CLOs and loan accumulation facilities. Sound Point Capital Management, LP is the investment manager of the Company.
Sound Point Meridian Capital Inc Info
Ticker SymbolSPMC
Company nameSound Point Meridian Capital Inc
IPO dateJun 14, 2024
CEODesai (Ujjaval)
Number of employees- -
Security typeOrdinary Share
Fiscal year-endJun 14
Address375 Park Avenue
CityNEW YORK
Stock exchangeNASDAQ OMX NASDAQ Basic NYSE
CountryUnited States of America
Postal code10152
Phone12128952280
Websitehttps://www.soundpointmeridiancap.com/
Ticker SymbolSPMC
IPO dateJun 14, 2024
CEODesai (Ujjaval)
Company Executives of Sound Point Meridian Capital Inc
Name
Name/Position
Position
Shareholding
Change
Mr. Ujjaval Desai
Mr. Ujjaval Desai
Chief Executive Officer, Director
Chief Executive Officer, Director
78.58K
+6.89%
Mr. Kevin Gerlitz
Mr. Kevin Gerlitz
Chief Financial Officer
Chief Financial Officer
6.03K
+12.69%
Ms. Lana Lewin
Ms. Lana Lewin
Independent Director
Independent Director
492.00
--
Mr. Matthew Forstenhausler
Mr. Matthew Forstenhausler
Independent Director
Independent Director
--
--
Mr. Douglas T. Healy
Mr. Douglas T. Healy
Independent Director
Independent Director
--
--
Mr. Stephen J. Ketchum
Mr. Stephen J. Ketchum
Chairman of the Board
Chairman of the Board
--
--
Mr. Lucas D. Foss
Mr. Lucas D. Foss
Chief Compliance Officer
Chief Compliance Officer
--
--
Ms. Andrea Sayago
Ms. Andrea Sayago
Company Secretary
Company Secretary
--
--
Name
Name/Position
Position
Shareholding
Change
Mr. Ujjaval Desai
Mr. Ujjaval Desai
Chief Executive Officer, Director
Chief Executive Officer, Director
78.58K
+6.89%
Mr. Kevin Gerlitz
Mr. Kevin Gerlitz
Chief Financial Officer
Chief Financial Officer
6.03K
+12.69%
Ms. Lana Lewin
Ms. Lana Lewin
Independent Director
Independent Director
492.00
--
Mr. Matthew Forstenhausler
Mr. Matthew Forstenhausler
Independent Director
Independent Director
--
--
Mr. Douglas T. Healy
Mr. Douglas T. Healy
Independent Director
Independent Director
--
--
Mr. Stephen J. Ketchum
Mr. Stephen J. Ketchum
Chairman of the Board
Chairman of the Board
--
--
Revenue Breakdown
Relevant data have not been disclosed by the company yet.
Relevant data have not been disclosed by the company yet.
By Business
By Region
Relevant data have not been disclosed by the company yet.
Shareholding Stats
Updated: Mon, Nov 17
Updated: Mon, Nov 17
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
Koch Industries LLC
52.61%
SPMC Feeder Fund LP
47.93%
BofA Global Research (US)
2.44%
Goldman Sachs & Company, Inc.
2.31%
Ketchum (Stephen)
0.47%
Shareholders
Shareholders
Proportion
Koch Industries LLC
52.61%
SPMC Feeder Fund LP
47.93%
BofA Global Research (US)
2.44%
Goldman Sachs & Company, Inc.
2.31%
Ketchum (Stephen)
0.47%
Shareholder Types
Shareholders
Proportion
Corporation
100.54%
Research Firm
4.75%
Investment Advisor
1.15%
Individual Investor
0.89%
Investment Advisor/Hedge Fund
0.30%
Hedge Fund
0.08%
Institutional Shareholding
Updated: Wed, Oct 1
Updated: Wed, Oct 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q3
24
1.32M
6.51%
-331.92K
2025Q2
29
11.48M
56.49%
-178.27K
2025Q1
30
11.52M
56.72%
-150.16K
2024Q4
24
11.60M
57.35%
-142.08K
2024Q3
18
11.66M
57.62%
+407.78K
2024Q2
14
11.24M
56.16%
+11.24M
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
Koch Industries LLC
10.78M
53.07%
+10.78M
--
Jun 30, 2025
SPMC Feeder Fund LP
9.82M
48.35%
--
--
Jun 01, 2025
BofA Global Research (US)
500.00K
2.46%
-264.00
-0.05%
Jun 30, 2025
Goldman Sachs & Company, Inc.
474.31K
2.33%
-26.46K
-5.28%
Jun 30, 2025
Ketchum (Stephen)
76.84K
0.38%
-4.27K
-5.26%
Jun 01, 2025
Desai (Ujjaval)
53.51K
0.26%
+1.73K
+3.34%
Jun 01, 2025
Everest Management Corp
72.86K
0.36%
+72.86K
--
Jun 30, 2025
Marshall Wace LLP
77.15K
0.38%
+20.16K
+35.38%
Jun 30, 2025
Running Point Capital Advisors, LLC
33.42K
0.16%
+4.32K
+14.86%
Jun 30, 2025
Virtus Etf Advisers LLC
27.56K
0.14%
+27.56K
--
Sep 30, 2025
View more
Related ETFs
Updated: Sat, Dec 6
Updated: Sat, Dec 6
Name
Proportion
Virtus Private Credit Strategy ETF
0.86%
Kingsbarn Dividend Opportunity ETF
0%
Virtus Private Credit Strategy ETF
Proportion0.86%
Kingsbarn Dividend Opportunity ETF
Proportion0%
Dividend
A total of
39.74M
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Aug 06, 2025
SPMC.NB Interim Cash Dividend of gross USD 0.25 paid on Nov 28, 2025 going ex on Nov 14, 2025
Nov 14, 2025
Nov 28, 2025
Nov 14, 2025
Aug 06, 2025
SPMC.NB Interim Cash Dividend of gross USD 0.25 paid on Oct 31, 2025 going ex on Oct 15, 2025
Oct 15, 2025
Oct 31, 2025
Oct 15, 2025
May 29, 2025
SPMC.NB Interim Cash Dividend of gross USD 0.25 paid on Aug 29, 2025 going ex on Aug 15, 2025
Aug 15, 2025
Aug 29, 2025
Aug 15, 2025
May 29, 2025
SPMC.NB Interim Cash Dividend of gross USD 0.25 paid on Sep 30, 2025 going ex on Sep 15, 2025
Sep 15, 2025
Sep 30, 2025
Sep 15, 2025
May 29, 2025
SPMC.NB Interim Cash Dividend of gross USD 0.25 paid on Jul 31, 2025 going ex on Jul 15, 2025
Jul 15, 2025
Jul 31, 2025
Jul 15, 2025
Feb 05, 2025
SPMC.NB Interim Cash Dividend of gross USD 0.25 paid on May 30, 2025 going ex on May 15, 2025
May 15, 2025
May 30, 2025
May 15, 2025
Feb 05, 2025
SPMC.NB Interim Cash Dividend of gross USD 0.25 paid on Jun 30, 2025 going ex on Jun 13, 2025
Jun 13, 2025
Jun 30, 2025
Jun 13, 2025
Feb 05, 2025
SPMC.NB Interim Cash Dividend of gross USD 0.25 paid on Apr 30, 2025 going ex on Apr 15, 2025
Apr 15, 2025
Apr 30, 2025
Apr 15, 2025
Nov 07, 2024
SPMC.NB Interim Cash Dividend of gross USD 0.24 paid on Feb 28, 2025 going ex on Feb 14, 2025
Feb 14, 2025
Feb 28, 2025
Feb 14, 2025
Nov 07, 2024
SPMC.NB Interim Cash Dividend of gross USD 0.24 paid on Jan 31, 2025 going ex on Jan 15, 2025
Jan 15, 2025
Jan 31, 2025
Jan 15, 2025
View more
Stock Split
Date
Type
Ratio
No Data
Date
Type
Ratio
No Data
FAQs
Who are the top five shareholders of Sound Point Meridian Capital Inc?
The top five shareholders of Sound Point Meridian Capital Inc are:
Koch Industries LLC holds 10.78M shares, accounting for 53.07% of the total shares.
SPMC Feeder Fund LP holds 9.82M shares, accounting for 48.35% of the total shares.
BofA Global Research (US) holds 500.00K shares, accounting for 2.46% of the total shares.
Goldman Sachs & Company, Inc. holds 474.31K shares, accounting for 2.33% of the total shares.
Ketchum (Stephen) holds 76.84K shares, accounting for 0.38% of the total shares.
Koch Industries LLC holds 10.78M shares, accounting for 53.07% of the total shares.
SPMC Feeder Fund LP holds 9.82M shares, accounting for 48.35% of the total shares.
BofA Global Research (US) holds 500.00K shares, accounting for 2.46% of the total shares.
Goldman Sachs & Company, Inc. holds 474.31K shares, accounting for 2.33% of the total shares.
Ketchum (Stephen) holds 76.84K shares, accounting for 0.38% of the total shares.
What are the top three shareholder types of Sound Point Meridian Capital Inc?
The top three shareholder types of Sound Point Meridian Capital Inc are:
Koch Industries LLC
SPMC Feeder Fund LP
BofA Global Research (US)
Koch Industries LLC
SPMC Feeder Fund LP
BofA Global Research (US)
How many institutions hold shares of Sound Point Meridian Capital Inc (SPMC)?
As of 2025Q3, 24 institutions hold shares of Sound Point Meridian Capital Inc, with a combined market value of approximately 1.32M, accounting for 6.51% of the total shares. Compared to 2025Q2, institutional shareholding has increased by -49.98%.
What is the biggest source of revenue for Sound Point Meridian Capital Inc?
In --, the -- business generated the highest revenue for Sound Point Meridian Capital Inc, amounting to -- and accounting for --% of total revenue.
