Golub Capital BDC
GBDC
159 hedge funds and large institutions have $393M invested in Golub Capital BDC in 2019 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 58 increasing their positions, 45 reducing their positions, and 16 closing their positions.
75,100% more call options, than puts
Call options by funds: $752K | Put options by funds: $1K
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
29% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 45
3% more funds holding
Funds holding: 155 → 159 (+4)
3% less capital invested
Capital invested by funds: $403M → $393M (-$10.5M)
2.34% less ownership
Funds ownership: 39.55% → 37.21% (-2.3%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$5.95M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$3.95M |
| 3 |
VEA
Virtus ETF Advisers
New York
|
+$2.97M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.96M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAU
MRA Associates USA
Phoenix,
Arizona
|
-$35.3M |
| 2 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$4.47M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
-$3.75M |
| 4 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$3.25M |
| 5 |
AIM
Anchor Investment Management
Columbia,
South Carolina
|
-$3.04M |
GBDC Hedge Fund Activity: Q2 2019 in Review
159 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2019, worth a combined $393M — down 2.6% from $403M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new GBDC positions and 16 closed out — a net gain of 6 holders — while 58 added to existing stakes and 45 trimmed.
The largest buyer was Sound Income Strategies, adding an estimated $5.95M. The largest seller was MRA Associates USA, cutting an estimated $35.3M.
- 159 institutional investors held Golub Capital BDC (GBDC) as of Q2 2019, up from 155 in Q1 2019.
- Funds reported $393M of Golub Capital BDC stock for Q2 2019, down 2.6% quarter-over-quarter.
- 22 funds opened new Golub Capital BDC positions in Q2 2019 and 16 closed out, a net change of +6 holders.
- The largest Golub Capital BDC buyer in Q2 2019 was Sound Income Strategies, an estimated $5.95M added.
- The largest Golub Capital BDC seller in Q2 2019 was MRA Associates USA, an estimated $35.3M sold.
Based on aggregated 13F filings for Q2 2019.