MFG
KBDC

Merit Financial Group’s Kayne Anderson BDC KBDC Stock Holding History

Merit Financial Group’s Portfolio KBDC Stock Details KBDC Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-1,738,174
Closed -$23.2M – 2037
2025
Q3 		$23.2M Hold
1,738,174
– – 0.21% 89
2025
Q2 		$26.5M Buy
+1,738,174
New +$27.4M 0.3% 63

Other funds holding KBDC

KI
Koch Inc Wichita, Kansas $922M AUM 16.65% 1-Year Est. Return
SOMRS
State of Michigan Retirement System Lansing, Michigan $18.9B AUM 27.96% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return
HC
HF Capital Knoxville, Tennessee $239M AUM
Pathstone Holdings
Pathstone Holdings Englewood, New Jersey $25.1B AUM 22.95% 1-Year Est. Return
VanEck Associates
VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return
Corient Private Wealth
Corient Private Wealth Miami, Florida $69.9B AUM 22.19% 1-Year Est. Return
SMA
Sage Mountain Advisors Atlanta, Georgia $1.43B AUM 16.47% 1-Year Est. Return
RCM
Requisite Capital Management Dallas, Texas $537M AUM 12.29% 1-Year Est. Return
Franklin Resources
Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Merit Financial Group's KBDC Position: Q4 2025 in Review

Merit Financial Group sold out of Kayne Anderson BDC (KBDC) in Q4 2025, closing a stake of 1,738,174 shares — an estimated $23.2M sold.

Merit Financial Group first reported a position in KBDC in Q2 2025 and held it in 2 quarters. The position peaked at $26.5M in Q2 2025. 87 funds tracked by Wall St. Rank hold KBDC as of Q4 2025.

  • Merit Financial Group reported no remaining Kayne Anderson BDC position as of Q4 2025 after selling out during the quarter.
  • Merit Financial Group sold 1,738,174 Kayne Anderson BDC shares in Q4 2025, an estimated $23.2M.
  • Merit Financial Group first reported a position in Kayne Anderson BDC in Q2 2025 and held it in 2 quarters.
  • Merit Financial Group's Kayne Anderson BDC position peaked at $26.5M in Q2 2025.
  • 87 funds tracked by Wall St. Rank held Kayne Anderson BDC as of Q4 2025.

Based on Merit Financial Group's 13F filing for Q4 2025, filed 26 Jan 2026.