Carlyle Secured Lending
CGBD
90 hedge funds and large institutions have $215M invested in Carlyle Secured Lending in 2018 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 37 increasing their positions, 12 reducing their positions, and 6 closing their positions.
483% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 6
208% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 12
48% more funds holding
Funds holding: 61 → 90 (+29)
6.2% more ownership
Funds ownership: 21.38% → 27.58% (+6.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $224M → $215M (-$9.15M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$7.64M |
| 2 |
ST
Sageworth Trust
Lancaster,
Pennsylvania
|
+$7.58M |
| 3 |
Morgan Stanley
New York
|
+$5.61M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$4.48M |
| 5 |
Newport Trust Company
Washington,
District of Columbia
|
+$4.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.48M |
| 2 |
PP
PagnatoKarp Partners
Reston,
Virginia
|
-$1.5M |
| 3 |
Cerity Partners
New York
|
-$826K |
| 4 |
MC
Muzinich & Co
New York
|
-$705K |
| 5 |
DIM
DC Investments Management
Mclean,
Virginia
|
-$491K |
CGBD Hedge Fund Activity: Q4 2018 in Review
90 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q4 2018, worth a combined $215M — down 4.1% from $224M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new CGBD positions and 6 closed out — a net gain of 29 holders — while 37 added to existing stakes and 12 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $7.64M. The largest seller was UBS Group, cutting an estimated $2.48M.
- 90 institutional investors held Carlyle Secured Lending (CGBD) as of Q4 2018, up from 61 in Q3 2018.
- Funds reported $215M of Carlyle Secured Lending stock for Q4 2018, down 4.1% quarter-over-quarter.
- 35 funds opened new Carlyle Secured Lending positions in Q4 2018 and 6 closed out, a net change of +29 holders.
- The largest Carlyle Secured Lending buyer in Q4 2018 was HighTower Advisors, an estimated $7.64M added.
- The largest Carlyle Secured Lending seller in Q4 2018 was UBS Group, an estimated $2.48M sold.
Based on aggregated 13F filings for Q4 2018.