Carlyle Secured Lending
CGBD
119 hedge funds and large institutions have $298M invested in Carlyle Secured Lending in 2025 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 36 increasing their positions, 32 reducing their positions, and 13 closing their positions.
431% more call options, than puts
Call options by funds: $1.66M | Put options by funds: $312K
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
25% more capital invested
Capital invested by funds: $238M → $298M (+$60.4M)
13% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 32
10.04% more ownership
Funds ownership: 26.17% → 36.2% (+10%)
3% more funds holding
Funds holding: 115 → 119 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$85.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.1M |
| 3 |
EFG
Ethos Financial Group
King Of Prussia,
Pennsylvania
|
+$3.04M |
| 4 |
Morgan Stanley
New York
|
+$1.27M |
| 5 |
Two Sigma Advisers
New York
|
+$1.2M |
Top Sellers
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.31M |
| 2 |
HG
Herbst Group
Westport,
Connecticut
|
-$2.28M |
| 3 |
VanEck Associates
New York
|
-$1.65M |
| 4 |
GA
GFS Advisors
Houston,
Texas
|
-$891K |
| 5 |
VEA
Virtus ETF Advisers
New York
|
-$856K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EGA
126
Eagle Global Advisors
Houston,
Texas
| – | -$306K | -17,065 | Closed |
|
127
Lido Advisors
Los Angeles,
California
| – | -$210K | -11,416 | Closed |
|
|
RCM
128
Raleigh Capital Management
Cary,
North Carolina
| – | -$10.8K | -600 | Closed |
|
129
Group One Trading
Chicago,
Illinois
| – | -$5.19K | -294 | Closed |
|
|
B
130
Birchbrook
Bangor,
Maine
| – | -$1.69K | -94 | Closed |
|
|
PAM
131
Parvin Asset Management
Sioux Falls,
South Dakota
| – | -$897 | -50 | Closed |
|
CGBD Hedge Fund Activity: Q1 2025 in Review
119 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q1 2025, worth a combined $298M — up 25% from $238M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CGBD positions and 13 closed out — a net gain of 7 holders — while 36 added to existing stakes and 32 trimmed.
The largest buyer was Creative Planning, adding an estimated $85.8M. The largest seller was Bank of America, cutting an estimated $2.31M.
- 119 institutional investors held Carlyle Secured Lending (CGBD) as of Q1 2025, up from 115 in Q4 2024.
- Funds reported $298M of Carlyle Secured Lending stock for Q1 2025, up 25% quarter-over-quarter.
- 20 funds opened new Carlyle Secured Lending positions in Q1 2025 and 13 closed out, a net change of +7 holders.
- The largest Carlyle Secured Lending buyer in Q1 2025 was Creative Planning, an estimated $85.8M added.
- The largest Carlyle Secured Lending seller in Q1 2025 was Bank of America, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2025.