Carlyle Secured Lending
CGBD
50 hedge funds and large institutions have $172M invested in Carlyle Secured Lending in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
9% more funds holding
Funds holding: 46 → 50 (+4)
0.56% more ownership
Funds ownership: 14.75% → 15.31% (+0.56%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $184M → $172M (-$11.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.29M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$5.3M |
| 3 |
Morgan Stanley
New York
|
+$1.99M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$1.26M |
| 5 |
ST
Sageworth Trust
Lancaster,
Pennsylvania
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.97M |
| 2 |
Millennium Management
New York
|
-$2.6M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.98M |
| 4 |
Two Sigma Investments
New York
|
-$1.08M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.05M |
CGBD Hedge Fund Activity: Q1 2018 in Review
50 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q1 2018, worth a combined $172M — down 6.3% from $184M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CGBD positions and 9 closed out — a net gain of 4 holders — while 16 added to existing stakes and 14 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $6.29M. The largest seller was UBS Group, cutting an estimated $3.97M.
- 50 institutional investors held Carlyle Secured Lending (CGBD) as of Q1 2018, up from 46 in Q4 2017.
- Funds reported $172M of Carlyle Secured Lending stock for Q1 2018, down 6.3% quarter-over-quarter.
- 13 funds opened new Carlyle Secured Lending positions in Q1 2018 and 9 closed out, a net change of +4 holders.
- The largest Carlyle Secured Lending buyer in Q1 2018 was BlackRock, an estimated $6.29M added.
- The largest Carlyle Secured Lending seller in Q1 2018 was UBS Group, an estimated $3.97M sold.
Based on aggregated 13F filings for Q1 2018.