Carlyle Secured Lending
CGBD
61 hedge funds and large institutions have $224M invested in Carlyle Secured Lending in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 16 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
1.32% more ownership
Funds ownership: 20.06% → 21.38% (+1.3%)
5% more capital invested
Capital invested by funds: $214M → $224M (+$9.77M)
0% more funds holding
Funds holding: 61 → 61 (0)
81% less call options, than puts
Call options by funds: $184K | Put options by funds: $975K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Newport Trust Company
Washington,
District of Columbia
|
+$13.5M |
| 2 |
ST
Sageworth Trust
Lancaster,
Pennsylvania
|
+$3.36M |
| 3 |
Morgan Stanley
New York
|
+$2.83M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$2.09M |
| 5 |
VanEck Associates
New York
|
+$774K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$3.26M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.28M |
| 3 |
MC
Muzinich & Co
New York
|
-$2M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$2M |
| 5 |
VCA
Verdence Capital Advisors
Hunt Valley,
Maryland
|
-$1.01M |
CGBD Hedge Fund Activity: Q3 2018 in Review
61 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q3 2018, worth a combined $224M — up 4.6% from $214M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CGBD positions and 9 closed out — a net gain of 2 holders — while 25 added to existing stakes and 16 trimmed.
The largest buyer was Newport Trust Company, opening a new position worth an estimated $13.5M. The largest seller was Clough Capital Partners, exiting entirely with an estimated $3.26M sold.
- 61 institutional investors held Carlyle Secured Lending (CGBD) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $224M of Carlyle Secured Lending stock for Q3 2018, up 4.6% quarter-over-quarter.
- 11 funds opened new Carlyle Secured Lending positions in Q3 2018 and 9 closed out, a net change of +2 holders.
- The largest Carlyle Secured Lending buyer in Q3 2018 was Newport Trust Company, an estimated $13.5M added.
- The largest Carlyle Secured Lending seller in Q3 2018 was Clough Capital Partners, an estimated $3.26M sold.
Based on aggregated 13F filings for Q3 2018.