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Golub Capital BDC

249 hedge funds and large institutions have $1.01B invested in Golub Capital BDC in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 97 increasing their positions, 67 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $904K | Put options by funds: $531K

45% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 67

39% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 23

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

7% more capital invested

Capital invested by funds: $944M → $1.01B (+$65M)

2% more funds holding

Funds holding: 243249 (+6)

0.46% less ownership

Funds ownership: 41.03%40.57% (-0.46%)

Holders
249
Holders Change
+6
Holders Change %
+2.47%
% of All Funds
3.95%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.16%
New
32
Increased
97
Reduced
67
Closed
23
Calls
$904K
Puts
$531K
Net Calls
+$373K
Net Calls Change
+$736K
Name Holding Trade Value Shares
Change
Change in
Stake
MHS
51
M Holdings Securities
Oregon
$3.32M +$2.79M +196,357 +662%
CCM
52
Condor Capital Management
New Jersey
$3.18M +$285K +20,077 +10%
UCFA
53
United Capital Financial Advisors
Texas
$3.13M +$156K +11,000 +5%
CAPTRUST Financial Advisors
54
CAPTRUST Financial Advisors
North Carolina
$3.09M -$225K -15,871 -7%
PCH
55
Polar Capital Holdings
United Kingdom
$3.08M -$638K -45,000 -18%
PA
56
Parallel Advisors
California
$2.99M +$237K +16,691 +9%
Baillie Gifford & Co
57
Baillie Gifford & Co
United Kingdom
$2.76M +$933K +65,793 +54%
AI
58
Atria Investments
North Carolina
$2.75M -$631K -44,510 -19%
EWA
59
EP Wealth Advisors
California
$2.71M +$2.5M +176,380 +2,076%
PI
60
Putnam Investments
Massachusetts
$2.61M -$192K -13,501 -7%
Tudor Investment Corp
61
Tudor Investment Corp
Connecticut
$2.48M +$2.21M +155,549 +1,131%
Citadel Advisors
62
Citadel Advisors
Florida
$2.48M +$919K +64,807 +62%
Canada Life
63
Canada Life
Manitoba, Canada
$2.46M +$76.6K +5,400 +3%
Stifel Financial
64
Stifel Financial
Missouri
$2.45M +$348K +24,513 +17%
TYCC
65
Texas Yale Capital Corp
Florida
$2.39M -$85K -5,993 -4%
NVCHI
66
New Vernon Capital Holdings II
New Jersey
$2.38M +$81.8K +5,767 +4%
IC
67
IEQ Capital
California
$2.33M +$199K +13,994 +10%
SIA
68
Schechter Investment Advisors
Michigan
$2.23M +$190K +13,425 +10%
RVPG
69
Relative Value Partners Group
$2.14M -$2.66M -187,166 -56%
DADC
70
D.A. Davidson & Co
Montana
$2.1M +$406K +28,654 +25%
Mariner
71
Mariner
Kansas
$2.07M +$142K +10,000 +8%
Brown Advisory
72
Brown Advisory
Maryland
$1.99M -$11.6K -816 -0.6%
TI
73
Trexquant Investment
Connecticut
$1.97M +$1.45M +102,566 +325%
Corient Private Wealth
74
Corient Private Wealth
Florida
$1.88M +$517K +36,431 +40%
GPI
75
General Partner Inc
Pennsylvania
$1.77M

GBDC Hedge Fund Activity: Q3 2023 in Review

249 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2023, worth a combined $1.01B — up 6.9% from $944M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new GBDC positions and 23 closed out — a net gain of 9 holders — while 97 added to existing stakes and 67 trimmed.

The largest buyer was Allen Investment Management, adding an estimated $10.4M. The largest seller was Cerity Partners, cutting an estimated $24.9M.

  • 249 institutional investors held Golub Capital BDC (GBDC) as of Q3 2023, up from 243 in Q2 2023.
  • Funds reported $1.01B of Golub Capital BDC stock for Q3 2023, up 6.9% quarter-over-quarter.
  • 32 funds opened new Golub Capital BDC positions in Q3 2023 and 23 closed out, a net change of +9 holders.
  • The largest Golub Capital BDC buyer in Q3 2023 was Allen Investment Management, an estimated $10.4M added.
  • The largest Golub Capital BDC seller in Q3 2023 was Cerity Partners, an estimated $24.9M sold.

Based on aggregated 13F filings for Q3 2023.