Carlyle Secured Lending
CGBD
115 hedge funds and large institutions have $238M invested in Carlyle Secured Lending in 2024 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 29 reducing their positions, and 24 closing their positions.
355% more call options, than puts
Call options by funds: $1.15M | Put options by funds: $252K
38% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 29
13% more capital invested
Capital invested by funds: $211M → $238M (+$27.4M)
1.82% more ownership
Funds ownership: 24.35% → 26.17% (+1.8%)
7% less funds holding
Funds holding: 124 → 115 (-9)
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$10.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.16M |
| 3 |
Morgan Stanley
New York
|
+$2.67M |
| 4 |
Comerica Bank
Dallas,
Texas
|
+$1.37M |
| 5 |
ECG
Edge Capital Group
Atlanta,
Georgia
|
+$918K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$2.23M |
| 2 |
Goldman Sachs
New York
|
-$1.34M |
| 3 |
Neuberger Berman Group
New York
|
-$1.13M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.08M |
| 5 |
Lazard Asset Management
New York
|
-$1.05M |
CGBD Hedge Fund Activity: Q4 2024 in Review
115 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Carlyle Secured Lending (CGBD) for Q4 2024, worth a combined $238M — up 13% from $211M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of CGBD and 17 opened new positions — a net loss of 7 holders — while 29 trimmed existing stakes and 40 added.
The largest buyer was Invesco, adding an estimated $10.6M. The largest seller was LSV Asset Management, cutting an estimated $2.23M.
- 115 institutional investors held Carlyle Secured Lending (CGBD) as of Q4 2024, down from 124 in Q3 2024.
- Funds reported $238M of Carlyle Secured Lending stock for Q4 2024, up 13% quarter-over-quarter.
- 17 funds opened new Carlyle Secured Lending positions in Q4 2024 and 24 closed out, a net change of -7 holders.
- The largest Carlyle Secured Lending buyer in Q4 2024 was Invesco, an estimated $10.6M added.
- The largest Carlyle Secured Lending seller in Q4 2024 was LSV Asset Management, an estimated $2.23M sold.
Based on aggregated 13F filings for Q4 2024.