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Golub Capital BDC

119 hedge funds and large institutions have $359M invested in Golub Capital BDC in 2015 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 47 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 7

9% more funds holding

Funds holding: 109119 (+10)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

4% less capital invested

Capital invested by funds: $375M → $359M (-$15.9M)

30% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 47

Holders
119
Holders Change
+10
Holders Change %
+9.17%
% of All Funds
3.32%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
18
Increased
33
Reduced
47
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NEAM
26
New England Asset Management
Connecticut
$3.72M
VanEck Associates
27
VanEck Associates
New York
$3.27M +$299K +18,464 +10%
BF
28
BOK Financial
Oklahoma
$2.65M -$3.69K -228 -0.1%
JMPWA
29
JP Morgan Private Wealth Advisors
California
$2.51M -$1.16M -71,789 -31%
Fiera Capital (Canada)
30
Fiera Capital (Canada)
Quebec, Canada
$2.4M +$2.48M +153,150 New
GT
31
Glenmede Trust
Pennsylvania
$2.4M -$183K -11,341 -7%
GC
32
Guggenheim Capital
Illinois
$2.34M -$514K -31,785 -18%
MHI
33
Miller Howard Investments
New York
$2.11M
EIA
34
Edgemoor Investment Advisors
Maryland
$1.55M +$128K +7,897 +9%
UBS AM
35
UBS AM
Illinois
$1.45M -$11K -679 -0.7%
TC
36
Travelers Companies
Minnesota
$1.36M -$582K -35,969 -29%
JC
37
JBF Capital
Colorado
$1.29M
Grantham, Mayo, Van Otterloo & Co (GMO)
38
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.28M -$2.06M -127,598 -61%
LPL Financial
39
LPL Financial
California
$1.22M +$72.5K +4,483 +6%
DM
40
Delphi Management
Massachusetts
$1.21M
EWM
41
Evercore Wealth Management
New York
$1.14M -$206K -12,762 -15%
TG
42
TCW Group
California
$1.1M
Legal & General Group
43
Legal & General Group
United Kingdom
$1.08M +$161K +9,942 +17%
RJA
44
Raymond James & Associates
Florida
$1.06M +$67.3K +4,160 +7%
Stifel Financial
45
Stifel Financial
Missouri
$1.05M -$48.6K -3,004 -4%
AAM
46
Advisors Asset Management
Colorado
$990K +$104K +6,426 +11%
Two Sigma Advisers
47
Two Sigma Advisers
New York
$988K -$261K -16,131 -20%
CC
48
Cornerstone Capital
California
$881K
BCM
49
Buckhead Capital Management
Georgia
$810K
AR
50
Advisory Research
Illinois
$792K +$818K +50,609 New

GBDC Hedge Fund Activity: Q3 2015 in Review

119 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2015, worth a combined $359M — down 4.2% from $375M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new GBDC positions and 7 closed out — a net gain of 11 holders — while 33 added to existing stakes and 47 trimmed.

The largest buyer was Toronto Dominion Bank, opening a new position worth an estimated $6.67M. The largest seller was Advisors Capital Management, cutting an estimated $4.6M.

  • 119 institutional investors held Golub Capital BDC (GBDC) as of Q3 2015, up from 109 in Q2 2015.
  • Funds reported $359M of Golub Capital BDC stock for Q3 2015, down 4.2% quarter-over-quarter.
  • 18 funds opened new Golub Capital BDC positions in Q3 2015 and 7 closed out, a net change of +11 holders.
  • The largest Golub Capital BDC buyer in Q3 2015 was Toronto Dominion Bank, an estimated $6.67M added.
  • The largest Golub Capital BDC seller in Q3 2015 was Advisors Capital Management, an estimated $4.6M sold.

Based on aggregated 13F filings for Q3 2015.