Carlyle Secured Lending
CGBD
92 hedge funds and large institutions have $140M invested in Carlyle Secured Lending in 2020 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 9 closing their positions.
3,569% more call options, than puts
Call options by funds: $477K | Put options by funds: $13K
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
18% more funds holding
Funds holding: 78 → 92 (+14)
14% more capital invested
Capital invested by funds: $123M → $140M (+$17M)
4.58% more ownership
Funds ownership: 24.56% → 29.14% (+4.6%)
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$2.2M |
| 2 |
VanEck Associates
New York
|
+$1.1M |
| 3 |
Millennium Management
New York
|
+$782K |
| 4 |
Two Sigma Investments
New York
|
+$728K |
| 5 |
Morgan Stanley
New York
|
+$632K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.91M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$1.61M |
| 3 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$1.19M |
| 4 |
WFI
West Family Investments
Carlsbad,
California
|
-$1.03M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$815K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Simplex Trading
Chicago,
Illinois
| – | +$466 | +47 | New |
|
CGBD Hedge Fund Activity: Q4 2020 in Review
92 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q4 2020, worth a combined $140M — up 14% from $123M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CGBD positions and 9 closed out — a net gain of 14 holders — while 23 added to existing stakes and 29 trimmed.
The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $2.2M. The largest seller was Invesco, cutting an estimated $2.91M.
- 92 institutional investors held Carlyle Secured Lending (CGBD) as of Q4 2020, up from 78 in Q3 2020.
- Funds reported $140M of Carlyle Secured Lending stock for Q4 2020, up 14% quarter-over-quarter.
- 23 funds opened new Carlyle Secured Lending positions in Q4 2020 and 9 closed out, a net change of +14 holders.
- The largest Carlyle Secured Lending buyer in Q4 2020 was Neuberger Berman Group, an estimated $2.2M added.
- The largest Carlyle Secured Lending seller in Q4 2020 was Invesco, an estimated $2.91M sold.
Based on aggregated 13F filings for Q4 2020.