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Golub Capital BDC

118 hedge funds and large institutions have $326M invested in Golub Capital BDC in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 41 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 11

4% more funds holding

Funds holding: 114118 (+4)

12% less capital invested

Capital invested by funds: $369M → $326M (-$42.8M)

12% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 41

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
118
Holders Change
+4
Holders Change %
+3.51%
% of All Funds
3.14%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
16
Increased
36
Reduced
41
Closed
11
Calls
$1.3M
Puts
Net Calls
+$1.3M
Net Calls Change
+$611K
Name Holding Trade Value Shares
Change
Change in
Stake
Stifel Financial
51
Stifel Financial
Missouri
$791K -$90.7K -5,663 -11%
AR
52
Advisory Research
Illinois
$774K -$138K -8,588 -16%
HB
53
Homrich & Berg
Georgia
$760K +$13.1K +817 +2%
RJFSA
54
Raymond James Financial Services Advisors
Florida
$727K -$21.4K -1,335 -3%
WSCM
55
Wellington Shields Capital Management
New York
$704K +$1.63K +102 +0.2%
Commonwealth Equity Services
56
Commonwealth Equity Services
Massachusetts
$676K +$15.6K +971 +2%
BAS
57
Brown Advisory Securities
Maryland
$673K +$2.63K +164 +0.4%
SMDAM
58
Sumitomo Mitsui DS Asset Management
Japan
$665K -$142K -8,886 -18%
BCP
59
Berkeley Capital Partners
Georgia
$640K +$605K +37,728 New
RFC
60
Russell Frank Company
Washington
$611K -$49.1K -3,063 -8%
AIM
61
Allen Investment Management
New York
$564K
WJA
62
Williams Jones & Associates
New York
$554K -$57.3K -3,574 -10%
William Blair & Company
63
William Blair & Company
Illinois
$499K
CIBC Private Wealth Group
64
CIBC Private Wealth Group
Georgia
$492K +$22.5K +1,406 +5%
Royal Bank of Canada
65
Royal Bank of Canada
Ontario, Canada
$481K +$305K +19,051 +205%
PAG
66
Private Advisor Group
New Jersey
$472K +$446K +27,818 New
ACM
67
Ativo Capital Management
Illinois
$470K -$112 -7 -0%
MC
68
Moors & Cabot
Massachusetts
$466K -$11.9K -744 -3%
Citigroup
69
Citigroup
New York
$448K -$54K -3,373 -11%
MIC
70
Meridian Investment Counsel
California
$399K -$74K -4,620 -16%
CIBC World Market
71
CIBC World Market
Ontario, Canada
$392K -$52.8K -3,293 -12%
Bank of America
72
Bank of America
North Carolina
$379K +$269K +16,787 +303%
LWA
73
Lenox Wealth Advisors
New York
$368K
Bank of New York Mellon
74
Bank of New York Mellon
New York
$368K +$14.4K +899 +4%
CG
75
Clinton Group
New York
$344K +$124K +7,742 +62%

GBDC Hedge Fund Activity: Q1 2016 in Review

118 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q1 2016, worth a combined $326M — down 12% from $369M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new GBDC positions and 11 closed out — a net gain of 5 holders — while 36 added to existing stakes and 41 trimmed.

The largest buyer was Schroder Investment Management Group, adding an estimated $3.95M. The largest seller was Credit Suisse, exiting entirely with an estimated $4.46M sold.

  • 118 institutional investors held Golub Capital BDC (GBDC) as of Q1 2016, up from 114 in Q4 2015.
  • Funds reported $326M of Golub Capital BDC stock for Q1 2016, down 12% quarter-over-quarter.
  • 16 funds opened new Golub Capital BDC positions in Q1 2016 and 11 closed out, a net change of +5 holders.
  • The largest Golub Capital BDC buyer in Q1 2016 was Schroder Investment Management Group, an estimated $3.95M added.
  • The largest Golub Capital BDC seller in Q1 2016 was Credit Suisse, an estimated $4.46M sold.

Based on aggregated 13F filings for Q1 2016.