Carlyle Secured Lending
CGBD
98 hedge funds and large institutions have $294M invested in Carlyle Secured Lending in 2019 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 19 reducing their positions, and 16 closing their positions.
132% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 19
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
25% more capital invested
Capital invested by funds: $236M → $294M (+$58.2M)
9% more funds holding
Funds holding: 90 → 98 (+8)
5.4% more ownership
Funds ownership: 26.35% → 31.76% (+5.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
49% less call options, than puts
Call options by funds: $323K | Put options by funds: $629K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$7.52M |
| 2 |
PP
PagnatoKarp Partners
Reston,
Virginia
|
+$6.77M |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$5.24M |
| 4 |
Morgan Stanley
New York
|
+$5.1M |
| 5 |
ST
Sageworth Trust
Lancaster,
Pennsylvania
|
+$4.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$5.59M |
| 2 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$1.52M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$1.49M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.02M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$960K |
CGBD Hedge Fund Activity: Q2 2019 in Review
98 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q2 2019, worth a combined $294M — up 25% from $236M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CGBD positions and 16 closed out — a net gain of 8 holders — while 44 added to existing stakes and 19 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $7.52M. The largest seller was Marshall Wace, exiting entirely with an estimated $5.59M sold.
- 98 institutional investors held Carlyle Secured Lending (CGBD) as of Q2 2019, up from 90 in Q1 2019.
- Funds reported $294M of Carlyle Secured Lending stock for Q2 2019, up 25% quarter-over-quarter.
- 24 funds opened new Carlyle Secured Lending positions in Q2 2019 and 16 closed out, a net change of +8 holders.
- The largest Carlyle Secured Lending buyer in Q2 2019 was HighTower Advisors, an estimated $7.52M added.
- The largest Carlyle Secured Lending seller in Q2 2019 was Marshall Wace, an estimated $5.59M sold.
Based on aggregated 13F filings for Q2 2019.