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Golub Capital BDC

240 hedge funds and large institutions have $1.14B invested in Golub Capital BDC in 2022 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 82 increasing their positions, 67 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 22

50% more funds holding in top 10

Funds holding in top 10: 812 (+4)

22% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 67

6% more funds holding

Funds holding: 227240 (+13)

0.33% less ownership

Funds ownership: 44.71%44.37% (-0.33%)

2% less capital invested

Capital invested by funds: $1.17B → $1.14B (-$28M)

34% less call options, than puts

Call options by funds: $385K | Put options by funds: $582K

Holders
240
Holders Change
+13
Holders Change %
+5.73%
% of All Funds
3.79%
Holding in Top 10
12
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+50%
% of All Funds
0.19%
New
37
Increased
82
Reduced
67
Closed
22
Calls
$385K
Puts
$582K
Net Calls
-$197K
Net Calls Change
-$492K
Name Holding Trade Value Shares
Change
Change in
Stake
PGH
26
Partners Group Holding
Switzerland
$9.79M +$9.96M +643,534 New
CG
27
Colony Group
Massachusetts
$8.7M +$8.85M +571,805 New
Natixis Advisors
28
Natixis Advisors
Massachusetts
$8.5M -$376K -24,303 -4%
HCC
29
Hirtle Callaghan & Co
Pennsylvania
$8.06M +$1.46M +94,039 +22%
HWM
30
HB Wealth Management
Georgia
$7.48M +$2.07M +133,662 +37%
Two Sigma Investments
31
Two Sigma Investments
New York
$7.46M -$5.94M -383,773 -44%
MCM
32
McKinley Capital Management
Alaska
$7.19M +$57.2K +3,692 +0.8%
ZCA
33
Zeke Capital Advisors
Pennsylvania
$7.07M
CS
34
Credit Suisse
Switzerland
$6.45M +$6.57M +424,182 New
V
35
Veritable
Delaware
$6M +$2.54M +164,140 +71%
ECM
36
Evergreen Capital Management
Washington
$5.96M +$163K +10,506 +3%
Two Sigma Advisers
37
Two Sigma Advisers
New York
$5.47M -$4.69M -303,100 -46%
LDFR
38
Lehman & Derafelo Financial Resources
Pennsylvania
$5.26M -$187K -12,078 -3%
First Trust Advisors
39
First Trust Advisors
Illinois
$4.99M +$626K +40,440 +14%
CIM
40
Confluence Investment Management
Missouri
$4.97M +$7.17K +463 +0.1%
D.E. Shaw & Co
41
D.E. Shaw & Co
New York
$4.86M -$447K -28,844 -8%
ACM
42
Advisors Capital Management
New Jersey
$4.82M +$245K +15,840 +5%
TP
43
Tranquility Partners
Tennessee
$4.64M +$300K +19,354 +7%
RVPG
44
Relative Value Partners Group
$4.53M +$222K +14,343 +5%
Neuberger Berman Group
45
Neuberger Berman Group
New York
$4.39M +$1.56M +100,784 +54%
UBS Group
46
UBS Group
Switzerland
$4.33M -$141K -9,081 -3%
CWM
47
Curi Wealth Management
North Carolina
$4.32M +$355K +22,919 +9%
ECG
48
Edge Capital Group
Georgia
$4.3M +$634K +40,962 +17%
Osaic Holdings
49
Osaic Holdings
Arizona
$4.17M +$469K +30,264 +95%
PC
50
Prairiewood Capital
North Dakota
$3.87M +$877K +56,622 +29%

GBDC Hedge Fund Activity: Q1 2022 in Review

240 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q1 2022, worth a combined $1.14B — down 2.4% from $1.17B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new GBDC positions and 22 closed out — a net gain of 15 holders — while 82 added to existing stakes and 67 trimmed.

The largest buyer was Cerity Partners, adding an estimated $17.2M. The largest seller was HighTower Advisors, cutting an estimated $25.2M.

  • 240 institutional investors held Golub Capital BDC (GBDC) as of Q1 2022, up from 227 in Q4 2021.
  • Funds reported $1.14B of Golub Capital BDC stock for Q1 2022, down 2.4% quarter-over-quarter.
  • 37 funds opened new Golub Capital BDC positions in Q1 2022 and 22 closed out, a net change of +15 holders.
  • The largest Golub Capital BDC buyer in Q1 2022 was Cerity Partners, an estimated $17.2M added.
  • The largest Golub Capital BDC seller in Q1 2022 was HighTower Advisors, an estimated $25.2M sold.

Based on aggregated 13F filings for Q1 2022.