Golub Capital BDC
GBDC
110 hedge funds and large institutions have $301M invested in Golub Capital BDC in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 64 increasing their positions, 17 reducing their positions, and 9 closing their positions.
321% more call options, than puts
Call options by funds: $1.08M | Put options by funds: $256K
276% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 17
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
11% more capital invested
Capital invested by funds: $270M → $301M (+$30.9M)
1% more funds holding
Funds holding: 109 → 110 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$6.52M |
| 2 |
ClearBridge Investments
New York
|
+$5.34M |
| 3 |
ALA
Atherton Lane Advisers
Menlo Park,
California
|
+$4.27M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.1M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$1.55M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$1.54M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$949K |
| 4 |
Neuberger Berman Group
New York
|
-$861K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$791K |
GBDC Hedge Fund Activity: Q3 2013 in Review
110 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2013, worth a combined $301M — up 11% from $270M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GBDC positions and 9 closed out — a net gain of 3 holders — while 64 added to existing stakes and 17 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $6.52M. The largest seller was Brown Advisory, cutting an estimated $1.55M.
- 110 institutional investors held Golub Capital BDC (GBDC) as of Q3 2013, up from 109 in Q2 2013.
- Funds reported $301M of Golub Capital BDC stock for Q3 2013, up 11% quarter-over-quarter.
- 12 funds opened new Golub Capital BDC positions in Q3 2013 and 9 closed out, a net change of +3 holders.
- The largest Golub Capital BDC buyer in Q3 2013 was 1832 Asset Management, an estimated $6.52M added.
- The largest Golub Capital BDC seller in Q3 2013 was Brown Advisory, an estimated $1.55M sold.
Based on aggregated 13F filings for Q3 2013.