Carlyle Secured Lending
CGBD
142 hedge funds and large institutions have $279M invested in Carlyle Secured Lending in 2026 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 40 reducing their positions, and 25 closing their positions.
1.91% more ownership
Funds ownership: 36.19% → 38.11% (+1.9%)
8% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $281M → $279M (-$1.73M)
8% less funds holding
Funds holding: 154 → 142 (-12)
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
91% less call options, than puts
Call options by funds: $423K | Put options by funds: $4.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
Lalia Capital
New York
|
+$10.3M |
| 2 |
DCP
Diameter Capital Partners
New York
|
+$5.66M |
| 3 |
CI
CAZ Investments
Houston,
Texas
|
+$5.4M |
| 4 |
VanEck Associates
New York
|
+$4.86M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$13.9M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$3.34M |
| 3 |
BAMF
BI Asset Management Fondsmaeglerselskab
Kobenhavn,
Denmark
|
-$2.56M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$2.08M |
| 5 |
Two Sigma Investments
New York
|
-$2.03M |
CGBD Hedge Fund Activity: Q2 2026 in Review
142 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q2 2026, worth a combined $279M — down 0.62% from $281M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of CGBD and 18 opened new positions — a net loss of 7 holders — while 40 trimmed existing stakes and 43 added.
The largest buyer was Lalia Capital, opening a new position worth an estimated $10.3M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $13.9M sold.
- 142 institutional investors held Carlyle Secured Lending (CGBD) as of Q2 2026, down from 154 in Q1 2026.
- Funds reported $279M of Carlyle Secured Lending stock for Q2 2026, down 0.62% quarter-over-quarter.
- 18 funds opened new Carlyle Secured Lending positions in Q2 2026 and 25 closed out, a net change of -7 holders.
- The largest Carlyle Secured Lending buyer in Q2 2026 was Lalia Capital, an estimated $10.3M added.
- The largest Carlyle Secured Lending seller in Q2 2026 was Rivernorth Capital Management, an estimated $13.9M sold.
Based on aggregated 13F filings for Q2 2026.