Golub Capital BDC
GBDC
155 hedge funds and large institutions have $403M invested in Golub Capital BDC in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 55 increasing their positions, 52 reducing their positions, and 17 closing their positions.
10,700% more call options, than puts
Call options by funds: $756K | Put options by funds: $7K
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2% more funds holding
Funds holding: 152 → 155 (+3)
6% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 52
5% more capital invested
Capital invested by funds: $386M → $403M (+$17.6M)
1.77% less ownership
Funds ownership: 41.32% → 39.55% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$4.55M |
| 2 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$3.39M |
| 3 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$2.96M |
| 4 |
D.E. Shaw & Co
New York
|
+$2.15M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$8.55M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$6.64M |
| 3 |
MAU
MRA Associates USA
Phoenix,
Arizona
|
-$5.54M |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$3.92M |
| 5 |
SQA
Simon Quick Advisors
Morristown,
New Jersey
|
-$3.69M |
GBDC Hedge Fund Activity: Q1 2019 in Review
155 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q1 2019, worth a combined $403M — up 4.6% from $386M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new GBDC positions and 17 closed out — a net gain of 4 holders — while 55 added to existing stakes and 52 trimmed.
The largest buyer was Texas Yale Capital Corp, adding an estimated $4.55M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $8.55M sold.
- 155 institutional investors held Golub Capital BDC (GBDC) as of Q1 2019, up from 152 in Q4 2018.
- Funds reported $403M of Golub Capital BDC stock for Q1 2019, up 4.6% quarter-over-quarter.
- 21 funds opened new Golub Capital BDC positions in Q1 2019 and 17 closed out, a net change of +4 holders.
- The largest Golub Capital BDC buyer in Q1 2019 was Texas Yale Capital Corp, an estimated $4.55M added.
- The largest Golub Capital BDC seller in Q1 2019 was 1832 Asset Management, an estimated $8.55M sold.
Based on aggregated 13F filings for Q1 2019.