Carlyle Secured Lending
CGBD
95 hedge funds and large institutions have $126M invested in Carlyle Secured Lending in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 16 closing their positions.
1,170% more call options, than puts
Call options by funds: $1.42M | Put options by funds: $112K
3% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 32
1.09% less ownership
Funds ownership: 22.3% → 21.21% (-1.1%)
11% less funds holding
Funds holding: 107 → 95 (-12)
15% less capital invested
Capital invested by funds: $148M → $126M (-$22.3M)
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Gries Financial
Cleveland,
Ohio
|
+$2.94M |
| 2 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$1.18M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$685K |
| 4 |
BlackRock
New York
|
+$608K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$578K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$2.23M |
| 2 |
Millennium Management
New York
|
-$2.23M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.4M |
| 4 |
Two Sigma Investments
New York
|
-$942K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$929K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
101
Quadrature Capital
London,
United Kingdom
| – | -$194K | -15,286 | Closed |
|
|
BCM
102
Bridgeway Capital Management
Houston,
Texas
| – | -$178K | -14,000 | Closed |
|
|
VF
103
Virtu Financial
New York
| – | -$174K | -13,732 | Closed |
|
|
QT
104
Quantbot Technologies
New York
| – | -$173K | -13,625 | Closed |
|
|
YIH
105
Y-Intercept (HK)
Hong Kong
| – | -$157K | -12,396 | Closed |
|
106
Comerica Bank
Dallas,
Texas
| – | -$148K | -11,385 | Closed |
|
|
PHK
107
Point72 Hong Kong
Hong Kong
| – | -$32K | -2,513 | Closed |
|
|
ACM
108
Aquatic Capital Management
Chicago,
Illinois
| – | -$20K | -1,600 | Closed |
|
|
C
109
Covestor
London,
United Kingdom
| – | -$5K | -393 | Closed |
|
CGBD Hedge Fund Activity: Q3 2022 in Review
95 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q3 2022, worth a combined $126M — down 15% from $148M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CGBD and 5 opened new positions — a net loss of 11 holders — while 32 trimmed existing stakes and 33 added.
The largest buyer was Gries Financial, opening a new position worth an estimated $2.94M. The largest seller was Callodine Capital Management, cutting an estimated $2.23M.
- 95 institutional investors held Carlyle Secured Lending (CGBD) as of Q3 2022, down from 107 in Q2 2022.
- Funds reported $126M of Carlyle Secured Lending stock for Q3 2022, down 15% quarter-over-quarter.
- 5 funds opened new Carlyle Secured Lending positions in Q3 2022 and 16 closed out, a net change of -11 holders.
- The largest Carlyle Secured Lending buyer in Q3 2022 was Gries Financial, an estimated $2.94M added.
- The largest Carlyle Secured Lending seller in Q3 2022 was Callodine Capital Management, an estimated $2.23M sold.
Based on aggregated 13F filings for Q3 2022.