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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
IAIM
276
International Assets Investment Management
Florida
$168K
Envestnet Portfolio Solutions
277
Envestnet Portfolio Solutions
Illinois
$168K -$55.2K -3,596 -24%
FWM
278
Focused Wealth Management
New York
$167K +$6.02K +392 +4%
EGA
279
Eagle Global Advisors
Texas
$167K -$163K -10,610 -49%
AA
280
Ancora Advisors
Ohio
$166K -$7.78K -507 -4%
PWM
281
Perigon Wealth Management
California
$165K +$107 +7 +0.1%
CSC
282
Cove Street Capital
California
$164K
CMMS
283
Comprehensive Money Management Services
Florida
$162K +$164K +10,670 New
HP
284
Haven Private
Florida
$161K -$333K -21,683 -67%
US Bancorp
285
US Bancorp
Minnesota
$157K
JWCA
286
J.W. Cole Advisors
Florida
$154K +$156K +10,178 New
CPA
287
Cardiff Park Advisors
California
$151K +$153K +10,000 New
UB
288
UMB Bank
Missouri
$134K -$149K -9,678 -52%
QCG
289
Quadrant Capital Group
Ohio
$132K -$376K -24,499 -74%
Simplex Trading
290
Simplex Trading
Illinois
$131K +$63.4K +4,129 +91%
A
291
AlphaQuest
New York
$107K +$33.5K +2,184 +45%
CFD
292
Creative Financial Designs
Indiana
$105K +$48.7K +3,176 +84%
Lazard Asset Management
293
Lazard Asset Management
New York
$98K -$12.3K -803 -11%
BTI
294
Blue Trust Inc
Georgia
$90.9K +$81.8K +5,330 +794%
Toronto Dominion Bank
295
Toronto Dominion Bank
Ontario, Canada
$76K +$76.7K +5,000 New
PFBT
296
Parkside Financial Bank & Trust
Missouri
$57.7K +$10.6K +692 +22%
HCP
297
Hexagon Capital Partners
Arkansas
$54.7K +$13.3K +868 +32%
PC
298
Promus Capital
Illinois
$51.5K +$52.2K +3,400 New
SW
299
SVB Wealth
Massachusetts
$49.6K +$50.3K +3,279 New
HC
300
Hurley Capital
New York
$49K

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.