Carlyle Secured Lending
CGBD
98 hedge funds and large institutions have $162M invested in Carlyle Secured Lending in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 15 closing their positions.
114% more call options, than puts
Call options by funds: $1.56M | Put options by funds: $728K
37% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 27
6% more capital invested
Capital invested by funds: $153M → $162M (+$9.17M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.2% less ownership
Funds ownership: 22.17% → 21.96% (-0.2%)
6% less funds holding
Funds holding: 104 → 98 (-6)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
+$1.46M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$1.29M |
| 3 |
Morgan Stanley
New York
|
+$1.03M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$962K |
| 5 |
D.E. Shaw & Co
New York
|
+$430K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$2.11M |
| 2 |
Two Sigma Investments
New York
|
-$1.28M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$801K |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$693K |
| 5 |
HWM
HB Wealth Management
Atlanta,
Georgia
|
-$639K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Cerity Partners
New York
| – | -$270K | -19,794 | Closed |
|
|
CANY
102
Caxton Associates (New York)
New York
| – | -$245K | -17,979 | Closed |
|
103
Marshall Wace
London,
United Kingdom
| – | -$218K | -16,035 | Closed |
|
|
VF
104
Virtu Financial
New York
| – | -$197K | -14,498 | Closed |
|
|
SSA
105
Schonfeld Strategic Advisors
New York
| – | -$187K | -13,700 | Closed |
|
|
KAS
106
Kestra Advisory Services
Austin,
Texas
| – | -$142K | -10,398 | Closed |
|
107
Squarepoint
New York
| – | -$139K | -10,179 | Closed |
|
|
SMA
108
Sage Mountain Advisors
Atlanta,
Georgia
| – | -$136K | -10,000 | Closed |
|
|
AWM
109
Avior Wealth Management
Omaha,
Nebraska
| – | -$81.7K | -6,000 | Closed |
|
|
TAM
110
Tucker Asset Management
Littleton,
Colorado
| – | -$47.8K | -3,511 | Closed |
|
|
ASN
111
Advisory Services Network
Atlanta,
Georgia
| – | -$23.4K | -1,720 | Closed |
|
|
BAM
112
Belpointe Asset Management
Reno,
Nevada
| – | -$3.88K | -285 | Closed |
|
|
GI
113
Gradient Investments
Arden Hills,
Minnesota
| – | -$3.69K | -271 | Closed |
|
CGBD Hedge Fund Activity: Q2 2023 in Review
98 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q2 2023, worth a combined $162M — up 6% from $153M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CGBD and 9 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 37 added.
The largest buyer was VanEck Associates, adding an estimated $1.46M. The largest seller was Two Sigma Advisers, cutting an estimated $2.11M.
- 98 institutional investors held Carlyle Secured Lending (CGBD) as of Q2 2023, down from 104 in Q1 2023.
- Funds reported $162M of Carlyle Secured Lending stock for Q2 2023, up 6% quarter-over-quarter.
- 9 funds opened new Carlyle Secured Lending positions in Q2 2023 and 15 closed out, a net change of -6 holders.
- The largest Carlyle Secured Lending buyer in Q2 2023 was VanEck Associates, an estimated $1.46M added.
- The largest Carlyle Secured Lending seller in Q2 2023 was Two Sigma Advisers, an estimated $2.11M sold.
Based on aggregated 13F filings for Q2 2023.