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Golub Capital BDC

125 hedge funds and large institutions have $421M invested in Golub Capital BDC in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 36 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 7

29% more capital invested

Capital invested by funds: $326M → $421M (+$94.8M)

22% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 36

6% more funds holding

Funds holding: 118125 (+7)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
125
Holders Change
+7
Holders Change %
+5.93%
% of All Funds
3.34%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
15
Increased
44
Reduced
36
Closed
7
Calls
$1.25M
Puts
Net Calls
+$1.25M
Net Calls Change
-$45K
Name Holding Trade Value Shares
Change
Change in
Stake
EWM
51
Evercore Wealth Management
New York
$906K -$347K -20,420 -29%
RJFSA
52
Raymond James Financial Services Advisors
Florida
$899K +$134K +7,913 +18%
Stifel Financial
53
Stifel Financial
Missouri
$863K +$35.2K +2,075 +4%
PPA
54
Parametric Portfolio Associates
Washington
$859K -$18.1K -1,068 -2%
ACM
55
Ativo Capital Management
Illinois
$812K +$309K +18,177 +66%
AAMU
56
Amundi Asset Management US
Massachusetts
$807K +$773K +45,563 New
AR
57
Advisory Research
Illinois
$805K -$2.95K -174 -0.4%
Commonwealth Equity Services
58
Commonwealth Equity Services
Massachusetts
$784K +$75.3K +4,439 +11%
SWP
59
Stratos Wealth Partners
Ohio
$756K +$725K +42,698 New
BAS
60
Brown Advisory Securities
Maryland
$746K +$43K +2,535 +6%
WSCM
61
Wellington Shields Capital Management
New York
$735K
SMDAM
62
Sumitomo Mitsui DS Asset Management
Japan
$694K
BCP
63
Berkeley Capital Partners
Georgia
$685K +$16.2K +957 +3%
Royal Bank of Canada
64
Royal Bank of Canada
Ontario, Canada
$650K +$143K +8,421 +30%
CIBC Private Wealth Group
65
CIBC Private Wealth Group
Georgia
$591K +$73.5K +4,329 +15%
WJA
66
Williams Jones & Associates
New York
$578K
EA
67
Emerald Acquisition
Washington
$574K +$551K +32,458 New
William Blair & Company
68
William Blair & Company
Illinois
$563K +$40K +2,354 +8%
AIM
69
Allen Investment Management
New York
$562K -$25.2K -1,483 -4%
Ameriprise
70
Ameriprise
Minnesota
$549K +$526K +30,976 New
MC
71
Moors & Cabot
Massachusetts
$492K +$356 +21 +0.1%
PAG
72
Private Advisor Group
New Jersey
$490K -$6.48K -382 -1%
Citigroup
73
Citigroup
New York
$484K +$15K +881 +3%
TC
74
Travelers Companies
Minnesota
$449K -$426K -25,095 -50%
MIC
75
Meridian Investment Counsel
California
$404K -$12.1K -715 -3%

GBDC Hedge Fund Activity: Q2 2016 in Review

125 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2016, worth a combined $421M — up 29% from $326M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new GBDC positions and 7 closed out — a net gain of 8 holders — while 44 added to existing stakes and 36 trimmed.

The largest buyer was Bank of New York Mellon, adding an estimated $57.2M. The largest seller was Delphi Management, exiting entirely with an estimated $978K sold.

  • 125 institutional investors held Golub Capital BDC (GBDC) as of Q2 2016, up from 118 in Q1 2016.
  • Funds reported $421M of Golub Capital BDC stock for Q2 2016, up 29% quarter-over-quarter.
  • 15 funds opened new Golub Capital BDC positions in Q2 2016 and 7 closed out, a net change of +8 holders.
  • The largest Golub Capital BDC buyer in Q2 2016 was Bank of New York Mellon, an estimated $57.2M added.
  • The largest Golub Capital BDC seller in Q2 2016 was Delphi Management, an estimated $978K sold.

Based on aggregated 13F filings for Q2 2016.