Carlyle Secured Lending
CGBD
112 hedge funds and large institutions have $205M invested in Carlyle Secured Lending in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 44 increasing their positions, 29 reducing their positions, and 17 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 29
50% more call options, than puts
Call options by funds: $2.3M | Put options by funds: $1.53M
7% more capital invested
Capital invested by funds: $192M → $205M (+$12.6M)
0.49% less ownership
Funds ownership: 25.27% → 24.78% (-0.49%)
7% less funds holding
Funds holding: 120 → 112 (-8)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.84M |
| 2 |
VanEck Associates
New York
|
+$1.12M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$802K |
| 4 |
GA
GFS Advisors
Houston,
Texas
|
+$513K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$472K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$2.57M |
| 2 |
D.E. Shaw & Co
New York
|
-$2.53M |
| 3 |
Millennium Management
New York
|
-$1.81M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$1.18M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$924K |
CGBD Hedge Fund Activity: Q1 2024 in Review
112 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q1 2024, worth a combined $205M — up 6.6% from $192M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CGBD and 10 opened new positions — a net loss of 7 holders — while 29 trimmed existing stakes and 44 added.
The largest buyer was Bank of America, adding an estimated $2.84M. The largest seller was Neuberger Berman Group, cutting an estimated $2.57M.
- 112 institutional investors held Carlyle Secured Lending (CGBD) as of Q1 2024, down from 120 in Q4 2023.
- Funds reported $205M of Carlyle Secured Lending stock for Q1 2024, up 6.6% quarter-over-quarter.
- 10 funds opened new Carlyle Secured Lending positions in Q1 2024 and 17 closed out, a net change of -7 holders.
- The largest Carlyle Secured Lending buyer in Q1 2024 was Bank of America, an estimated $2.84M added.
- The largest Carlyle Secured Lending seller in Q1 2024 was Neuberger Berman Group, an estimated $2.57M sold.
Based on aggregated 13F filings for Q1 2024.