Golub Capital BDC
GBDC
243 hedge funds and large institutions have $944M invested in Golub Capital BDC in 2023 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 90 increasing their positions, 63 reducing their positions, and 17 closing their positions.
94% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 17
43% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 63
7% more funds holding
Funds holding: 228 → 243 (+15)
0% more ownership
Funds ownership: 41.02% → 41.03% (+0%)
1% less capital invested
Capital invested by funds: $955M → $944M (-$10.9M)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
54% less call options, than puts
Call options by funds: $314K | Put options by funds: $677K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Allen Investment Management
New York
|
+$5.26M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$5.19M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$5.12M |
| 4 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$3.93M |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCIG
Ulrich Consultants & Investment Group
Albuquerque,
New Mexico
|
-$10.7M |
| 2 |
Natixis Advisors
Boston,
Massachusetts
|
-$7.81M |
| 3 |
CG
Colony Group
Boston,
Massachusetts
|
-$6.23M |
| 4 |
CWM
Curi Wealth Management
Raleigh,
North Carolina
|
-$4.59M |
| 5 |
Cerity Partners
New York
|
-$4.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
251
Belpointe Asset Management
Reno,
Nevada
| – | -$243K | -17,935 | Closed |
|
|
MA
252
MAS Advisors
Miami,
Florida
| – | -$195K | -14,374 | Closed |
|
253
Jane Street
New York
| – | -$191K | -14,083 | Closed |
|
|
EMFAT
254
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$155K | -11,447 | Closed |
|
|
NRD
255
Nebula Research & Development
New York
| – | -$144K | -10,651 | Closed |
|
|
LNWWM
256
Laird Norton Wetherby Wealth Management
San Francisco,
California
| – | -$143K | -10,531 | Closed |
|
257
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$28K | -2,050 | Closed |
|
|
ASN
258
Advisory Services Network
Atlanta,
Georgia
| – | -$24.9K | -1,838 | Closed |
|
|
GI
259
Gradient Investments
Arden Hills,
Minnesota
| – | -$1.18K | -87 | Closed |
|
GBDC Hedge Fund Activity: Q2 2023 in Review
243 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2023, worth a combined $944M — down 1.1% from $955M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new GBDC positions and 17 closed out — a net gain of 16 holders — while 90 added to existing stakes and 63 trimmed.
The largest buyer was Allen Investment Management, adding an estimated $5.26M. The largest seller was Ulrich Consultants & Investment Group, exiting entirely with an estimated $10.7M sold.
- 243 institutional investors held Golub Capital BDC (GBDC) as of Q2 2023, up from 228 in Q1 2023.
- Funds reported $944M of Golub Capital BDC stock for Q2 2023, down 1.1% quarter-over-quarter.
- 33 funds opened new Golub Capital BDC positions in Q2 2023 and 17 closed out, a net change of +16 holders.
- The largest Golub Capital BDC buyer in Q2 2023 was Allen Investment Management, an estimated $5.26M added.
- The largest Golub Capital BDC seller in Q2 2023 was Ulrich Consultants & Investment Group, an estimated $10.7M sold.
Based on aggregated 13F filings for Q2 2023.