Carlyle Secured Lending
CGBD
120 hedge funds and large institutions have $219M invested in Carlyle Secured Lending in 2023 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 45 increasing their positions, 27 reducing their positions, and 8 closing their positions.
215% more call options, than puts
Call options by funds: $4.07M | Put options by funds: $1.29M
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
67% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 27
35% more capital invested
Capital invested by funds: $162M → $219M (+$56.5M)
14% more funds holding
Funds holding: 105 → 120 (+15)
6.76% more ownership
Funds ownership: 22.03% → 28.79% (+6.8%)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$30.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.48M |
| 3 |
Millennium Management
New York
|
+$4.67M |
| 4 |
Goldman Sachs
New York
|
+$1.58M |
| 5 |
VanEck Associates
New York
|
+$1.3M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
126
Dynamic Technology Lab
Singapore
| – | -$226K | -15,576 | Closed |
|
127
Corient Private Wealth
Miami,
Florida
| – | -$149K | -10,264 | Closed |
|
|
OCM
128
One Capital Management
Westlake Village,
California
| – | -$145K | -10,000 | Closed |
|
CGBD Hedge Fund Activity: Q4 2023 in Review
120 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q4 2023, worth a combined $219M — up 35% from $162M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CGBD positions and 8 closed out — a net gain of 17 holders — while 45 added to existing stakes and 27 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $30.9M. The largest seller was LSV Asset Management, cutting an estimated $1.23M.
- 120 institutional investors held Carlyle Secured Lending (CGBD) as of Q4 2023, up from 105 in Q3 2023.
- Funds reported $219M of Carlyle Secured Lending stock for Q4 2023, up 35% quarter-over-quarter.
- 25 funds opened new Carlyle Secured Lending positions in Q4 2023 and 8 closed out, a net change of +17 holders.
- The largest Carlyle Secured Lending buyer in Q4 2023 was Morgan Stanley, an estimated $30.9M added.
- The largest Carlyle Secured Lending seller in Q4 2023 was LSV Asset Management, an estimated $1.23M sold.
Based on aggregated 13F filings for Q4 2023.