Golub Capital BDC
GBDC
252 hedge funds and large institutions have $1.09B invested in Golub Capital BDC in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 113 increasing their positions, 60 reducing their positions, and 35 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 60
85% more call options, than puts
Call options by funds: $1.01M | Put options by funds: $545K
3% more capital invested
Capital invested by funds: $1.06B → $1.09B (+$32.3M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
3% less funds holding
Funds holding: 260 → 252 (-8)
3.32% less ownership
Funds ownership: 41.29% → 37.97% (-3.3%)
11% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$11.3M |
| 2 |
AIM
Allen Investment Management
New York
|
+$7.49M |
| 3 |
VanEck Associates
New York
|
+$6.24M |
| 4 |
GFL
Granite FO LLC
Bedford,
New Hampshire
|
+$6.23M |
| 5 |
NFC
Northeast Financial Consultants
Westport,
Connecticut
|
+$5.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SO
STRS Ohio
Columbus,
Ohio
|
-$49.2M |
| 2 |
Millennium Management
New York
|
-$17.8M |
| 3 |
LC
Lindbrook Capital
Calabasas,
California
|
-$15.8M |
| 4 |
HCC
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
|
-$13.4M |
| 5 |
Morgan Stanley
New York
|
-$10.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
276
Wambolt & Associates
Littleton,
Colorado
| – | -$188K | -12,458 | Closed |
|
|
CC
277
Cipher Capital
New York
| – | -$179K | -11,879 | Closed |
|
|
EAM
278
Evanson Asset Management
Carmel,
California
| – | -$172K | -11,363 | Closed |
|
|
FWM
279
Focused Wealth Management
Newburgh,
New York
| – | -$142K | -9,406 | Closed |
|
|
EC
280
EntryPoint Capital
New York
| – | -$84.4K | -5,589 | Closed |
|
281
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$60.9K | -4,030 | Closed |
|
|
ASN
282
Advisory Services Network
Atlanta,
Georgia
| – | -$28.8K | -1,906 | Closed |
|
|
SWM
283
Spire Wealth Management
Mclean,
Virginia
| – | -$27.7K | -1,796 | Closed |
|
|
QL
284
Quarry LP
New York
| – | -$17.7K | -1,174 | Closed |
|
|
CIA
285
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$11.2K | -740 | Closed |
|
|
BWM
286
BKM Wealth Management
Brookfield,
Wisconsin
| – | -$4.88K | -323 | Closed |
|
|
BTI
287
Blue Trust Inc
Alpharetta,
Georgia
| – | -$2K | -145 | Closed |
|
GBDC Hedge Fund Activity: Q1 2024 in Review
252 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q1 2024, worth a combined $1.09B — up 3.1% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of GBDC and 31 opened new positions — a net loss of 4 holders — while 60 trimmed existing stakes and 113 added.
The largest buyer was Boston Partners, opening a new position worth an estimated $11.3M. The largest seller was STRS Ohio, cutting an estimated $49.2M.
- 252 institutional investors held Golub Capital BDC (GBDC) as of Q1 2024, down from 260 in Q4 2023.
- Funds reported $1.09B of Golub Capital BDC stock for Q1 2024, up 3.1% quarter-over-quarter.
- 31 funds opened new Golub Capital BDC positions in Q1 2024 and 35 closed out, a net change of -4 holders.
- The largest Golub Capital BDC buyer in Q1 2024 was Boston Partners, an estimated $11.3M added.
- The largest Golub Capital BDC seller in Q1 2024 was STRS Ohio, an estimated $49.2M sold.
Based on aggregated 13F filings for Q1 2024.