Golub Capital BDC
GBDC
114 hedge funds and large institutions have $403M invested in Golub Capital BDC in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 34 reducing their positions, and 25 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 34
0% more capital invested
Capital invested by funds: $402M → $403M (+$369K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 115 → 114 (-1)
4% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 25
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $117K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$7.95M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$5.1M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$4.94M |
| 4 |
HC
Highmount Capital
New York
|
+$4.64M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$4.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$18.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$9.88M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$8.29M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$6.6M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$4.5M |
GBDC Hedge Fund Activity: Q2 2014 in Review
114 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2014, worth a combined $403M — up 0.09% from $402M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of GBDC and 24 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 44 added.
The largest buyer was UBS, adding an estimated $7.95M. The largest seller was BlackRock Fund Advisors, exiting entirely with an estimated $18.5M sold.
- 114 institutional investors held Golub Capital BDC (GBDC) as of Q2 2014, down from 115 in Q1 2014.
- Funds reported $403M of Golub Capital BDC stock for Q2 2014, up 0.09% quarter-over-quarter.
- 24 funds opened new Golub Capital BDC positions in Q2 2014 and 25 closed out, a net change of -1 holder.
- The largest Golub Capital BDC buyer in Q2 2014 was UBS, an estimated $7.95M added.
- The largest Golub Capital BDC seller in Q2 2014 was BlackRock Fund Advisors, an estimated $18.5M sold.
Based on aggregated 13F filings for Q2 2014.