We are live on ! Find out more
GBDC icon

Golub Capital BDC

337 hedge funds and large institutions have $1.69B invested in Golub Capital BDC in 2025 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 150 increasing their positions, 83 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

118% more call options, than puts

Call options by funds: $1.73M | Put options by funds: $794K

81% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 83

47% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 34

18% more funds holding in top 10

Funds holding in top 10: 1113 (+2)

7% more capital invested

Capital invested by funds: $1.58B → $1.69B (+$112M)

3% more funds holding

Funds holding: 326337 (+11)

2.68% more ownership

Funds ownership: 39.11%41.78% (+2.7%)

Holders
337
Holders Change
+11
Holders Change %
+3.37%
% of All Funds
4.52%
Holding in Top 10
13
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+18.18%
% of All Funds
0.17%
New
50
Increased
150
Reduced
83
Closed
34
Calls
$1.73M
Puts
$794K
Net Calls
+$936K
Net Calls Change
+$1.75M
Name Holding Trade Value Shares
Change
Change in
Stake
PC
226
Port Capital
Illinois
$333K
JIC
227
Joel Isaacson & Co
New York
$321K +$6.25K +407 +2%
DAS
228
Dynamic Advisor Solutions
Arizona
$320K
MWM
229
Modera Wealth Management
New Jersey
$318K +$2.53K +165 +0.8%
CSP
230
Cary Street Partners
Virginia
$315K +$4.11K +268 +1%
QCM
231
Quantinno Capital Management
New York
$308K +$312K +20,333 New
PL
232
Plancorp LLC
Missouri
$304K +$308K +20,076 New
NG
233
Northstar Group
New York
$300K
WANY
234
Wealthspire Advisors (New York)
New York
$295K
FPAS
235
Focus Partners Advisor Solutions
Missouri
$292K +$296K +19,309 New
FWP
236
Family Wealth Partners
North Carolina
$292K +$296K +19,310 New
Axa
237
Axa
France
$280K +$5.09K +332 +2%
NPT
238
National Philanthropic Trust
Pennsylvania
$274K +$101K +6,596 +57%
GC
239
GatePass Capital
Ohio
$273K +$123K +8,000 +80%
AA
240
AlphaQ Advisors
Florida
$271K +$274K +17,886 New
ECM
241
EMC Capital Management
Texas
$259K
SWA
242
Serenus Wealth Advisors
California
$258K
NA
243
Navellier & Associates
Nevada
$257K -$95.4K -6,217 -25%
AC
244
AlphaCore Capital
California
$255K +$259K +16,869 New
AF
245
Advisornet Financial
Minnesota
$252K +$219K +14,296 +611%
MA
246
MAS Advisors
Florida
$252K +$62.7K +4,083 +33%
Nomura Asset Management
247
Nomura Asset Management
Japan
$243K
AWS
248
Atria Wealth Solutions
New York
$241K -$79.3K -5,165 -25%
EH
249
Equitable Holdings
New York
$241K +$244K +15,909 New
VA
250
Vident Advisory
Georgia
$237K +$240K +15,634 New

GBDC Hedge Fund Activity: Q1 2025 in Review

337 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q1 2025, worth a combined $1.69B — up 7.1% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new GBDC positions and 34 closed out — a net gain of 16 holders — while 150 added to existing stakes and 83 trimmed.

The largest buyer was Generali Asset Management, opening a new position worth an estimated $27.6M. The largest seller was Corient Private Wealth, cutting an estimated $10.1M.

  • 337 institutional investors held Golub Capital BDC (GBDC) as of Q1 2025, up from 326 in Q4 2024.
  • Funds reported $1.69B of Golub Capital BDC stock for Q1 2025, up 7.1% quarter-over-quarter.
  • 50 funds opened new Golub Capital BDC positions in Q1 2025 and 34 closed out, a net change of +16 holders.
  • The largest Golub Capital BDC buyer in Q1 2025 was Generali Asset Management, an estimated $27.6M added.
  • The largest Golub Capital BDC seller in Q1 2025 was Corient Private Wealth, an estimated $10.1M sold.

Based on aggregated 13F filings for Q1 2025.