Carlyle Secured Lending
CGBD
61 hedge funds and large institutions have $214M invested in Carlyle Secured Lending in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 5 closing their positions.
414% more capital inflows, than outflows
Capital inflows: $65.7M | Capital outflows: $12.8M
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
22% more funds holding
Funds holding: 50 → 61 (+11)
4.75% more ownership
Funds ownership: 15.31% → 20.06% (+4.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$11.3M |
| 2 |
PP
PagnatoKarp Partners
Reston,
Virginia
|
+$10.2M |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$9.66M |
| 4 |
Morgan Stanley
New York
|
+$8.48M |
| 5 |
ST
Sageworth Trust
Lancaster,
Pennsylvania
|
+$4.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$3.86M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.46M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.53M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$1.06M |
| 5 |
BlackRock
New York
|
-$955K |
CGBD Hedge Fund Activity: Q2 2018 in Review
61 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q2 2018, worth a combined $214M — up 24% from $172M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CGBD positions and 5 closed out — a net gain of 11 holders — while 25 added to existing stakes and 13 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $11.3M. The largest seller was Muzinich & Co, cutting an estimated $3.86M.
- 61 institutional investors held Carlyle Secured Lending (CGBD) as of Q2 2018, up from 50 in Q1 2018.
- Funds reported $214M of Carlyle Secured Lending stock for Q2 2018, up 24% quarter-over-quarter.
- 16 funds opened new Carlyle Secured Lending positions in Q2 2018 and 5 closed out, a net change of +11 holders.
- The largest Carlyle Secured Lending buyer in Q2 2018 was HighTower Advisors, an estimated $11.3M added.
- The largest Carlyle Secured Lending seller in Q2 2018 was Muzinich & Co, an estimated $3.86M sold.
Based on aggregated 13F filings for Q2 2018.