Carlyle Secured Lending
CGBD
31 hedge funds and large institutions have $107M invested in Carlyle Secured Lending in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 7 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
15% more funds holding
Funds holding: 27 → 31 (+4)
11% more capital invested
Capital invested by funds: $95.6M → $107M (+$10.9M)
0.61% more ownership
Funds ownership: 8.71% → 9.32% (+0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$8.23M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$6.97M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.49M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$2.51M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$10.7M |
| 2 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$4.61M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.42M |
| 4 |
Millennium Management
New York
|
-$2.92M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$2.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $14K | +$13.3K | +724 | New |
|
|
IIC
27
Integrated Investment Consultants
Bloomfield Hills,
Michigan
| $12K | +$12K | +650 | New |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $9K | +$9.21K | +500 | New |
|
29
Legal & General Group
London,
United Kingdom
| $8K | – | – | – |
|
|
WFI
30
West Family Investments
Carlsbad,
California
| $6.5K | +$837K | +45,400 | +15% |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $4K | -$2.19K | -119 | -37% |
|
|
FMP
32
Financial Management Professionals
Austin,
Texas
| $1K | – | – | – |
|
|
SB
33
Suntrust Banks
Atlanta,
Georgia
| – | -$10.7M | -593,370 | Closed |
|
|
34
Millennium Management
New York
| – | -$2.92M | -162,162 | Closed |
|
|
SSA
35
Schonfeld Strategic Advisors
New York
| – | -$2.51M | -139,600 | Closed |
|
36
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$200K | -11,082 | Closed |
|
|
PMFA
37
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$13K | -700 | Closed |
|
|
WCBA
38
Weaver C. Barksdale & Associates
Nashville,
Tennessee
| – | -$3K | -155 | Closed |
|
CGBD Hedge Fund Activity: Q3 2017 in Review
31 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q3 2017, worth a combined $107M — up 11% from $95.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CGBD positions and 7 closed out — a net gain of 4 holders — while 12 added to existing stakes and 4 trimmed.
The largest buyer was VanEck Associates, opening a new position worth an estimated $8.23M. The largest seller was Suntrust Banks, exiting entirely with an estimated $10.7M sold.
- 31 institutional investors held Carlyle Secured Lending (CGBD) as of Q3 2017, up from 27 in Q2 2017.
- Funds reported $107M of Carlyle Secured Lending stock for Q3 2017, up 11% quarter-over-quarter.
- 11 funds opened new Carlyle Secured Lending positions in Q3 2017 and 7 closed out, a net change of +4 holders.
- The largest Carlyle Secured Lending buyer in Q3 2017 was VanEck Associates, an estimated $8.23M added.
- The largest Carlyle Secured Lending seller in Q3 2017 was Suntrust Banks, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2017.