Carlyle Secured Lending
CGBD
110 hedge funds and large institutions have $187M invested in Carlyle Secured Lending in 2022 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 40 increasing their positions, 24 reducing their positions, and 12 closing their positions.
433% more call options, than puts
Call options by funds: $1.37M | Put options by funds: $257K
133% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 12
67% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 24
49% more capital invested
Capital invested by funds: $125M → $187M (+$62M)
16% more funds holding
Funds holding: 95 → 110 (+15)
1.76% more ownership
Funds ownership: 21.09% → 22.85% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$10.2M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$3.92M |
| 3 |
Morgan Stanley
New York
|
+$2.44M |
| 4 |
Two Sigma Investments
New York
|
+$1.57M |
| 5 |
BAMF
BI Asset Management Fondsmaeglerselskab
Kobenhavn,
Denmark
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$9.38M |
| 2 |
Neuberger Berman Group
New York
|
-$2.47M |
| 3 |
ZCA
Zeke Capital Advisors
Berwyn,
Pennsylvania
|
-$1.9M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.84M |
| 5 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$981K |
CGBD Hedge Fund Activity: Q4 2022 in Review
110 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q4 2022, worth a combined $187M — up 49% from $125M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CGBD positions and 12 closed out — a net gain of 16 holders — while 40 added to existing stakes and 24 trimmed.
The largest buyer was Millennium Management, adding an estimated $10.2M. The largest seller was Invesco, exiting entirely with an estimated $9.38M sold.
- 110 institutional investors held Carlyle Secured Lending (CGBD) as of Q4 2022, up from 95 in Q3 2022.
- Funds reported $187M of Carlyle Secured Lending stock for Q4 2022, up 49% quarter-over-quarter.
- 28 funds opened new Carlyle Secured Lending positions in Q4 2022 and 12 closed out, a net change of +16 holders.
- The largest Carlyle Secured Lending buyer in Q4 2022 was Millennium Management, an estimated $10.2M added.
- The largest Carlyle Secured Lending seller in Q4 2022 was Invesco, an estimated $9.38M sold.
Based on aggregated 13F filings for Q4 2022.