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Golub Capital BDC

119 hedge funds and large institutions have $359M invested in Golub Capital BDC in 2015 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 47 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 7

9% more funds holding

Funds holding: 109119 (+10)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

4% less capital invested

Capital invested by funds: $375M → $359M (-$15.9M)

30% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 47

Holders
119
Holders Change
+10
Holders Change %
+9.17%
% of All Funds
3.32%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
18
Increased
33
Reduced
47
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
76
Susquehanna International Group
Pennsylvania
$351K -$115K -7,085 -24%
Bank of New York Mellon
77
Bank of New York Mellon
New York
$342K +$18.6K +1,150 +6%
LWA
78
Lenox Wealth Advisors
New York
$340K
CMANY
79
Capital Management Associates (New York)
New York
$317K -$18.2K -1,123 -5%
M&T Bank
80
M&T Bank
New York
$309K +$132K +8,168 +71%
TC
81
TFS Capital
Pennsylvania
$283K +$293K +18,099 New
ICAS
82
Investors Capital Advisory Services
Massachusetts
$281K -$201K -12,462 -41%
PHS
83
Pekin Hardy Strauss
Illinois
$281K +$2.33K +144 +0.8%
IIC
84
Ironwood Investment Counsel
Arizona
$279K
MAA
85
Mraz Amerine & Associates
California
$278K
Royal Bank of Canada
86
Royal Bank of Canada
Ontario, Canada
$275K +$181K +11,213 +176%
FBA
87
Front Barnett Associates
Illinois
$264K +$272K +16,852 New
GW
88
GW & Wade
Massachusetts
$251K
Koshinski Asset Management
89
Koshinski Asset Management
Illinois
$235K +$3.3K +204 +1%
WRM
90
Westport Resources Management
Connecticut
$225K -$18.2K -1,123 -7%
AllianceBernstein
91
AllianceBernstein
Tennessee
$223K -$856K -52,920 -79%
Bank of America
92
Bank of America
North Carolina
$208K -$130K -8,057 -38%
LH
93
Lebenthal Holdings
New York
$208K
RCM
94
Radcliffe Capital Management
Pennsylvania
$198K
PI
95
PineBridge Investments
New York
$196K +$138K +8,529 +214%
California Public Employees Retirement System
96
California Public Employees Retirement System
California
$195K -$3.3K -204 -2%
NCCM
97
Nine Chapters Capital Management
New Jersey
$187K +$193K +11,946 New
TI
98
Trexquant Investment
Connecticut
$178K +$185K +11,435 New
TAM
99
Tocqueville Asset Management
New York
$172K +$3.3K +204 +2%
KCM
100
Kempner Capital Management
Texas
$161K

GBDC Hedge Fund Activity: Q3 2015 in Review

119 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2015, worth a combined $359M — down 4.2% from $375M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new GBDC positions and 7 closed out — a net gain of 11 holders — while 33 added to existing stakes and 47 trimmed.

The largest buyer was Toronto Dominion Bank, opening a new position worth an estimated $6.67M. The largest seller was Advisors Capital Management, cutting an estimated $4.6M.

  • 119 institutional investors held Golub Capital BDC (GBDC) as of Q3 2015, up from 109 in Q2 2015.
  • Funds reported $359M of Golub Capital BDC stock for Q3 2015, down 4.2% quarter-over-quarter.
  • 18 funds opened new Golub Capital BDC positions in Q3 2015 and 7 closed out, a net change of +11 holders.
  • The largest Golub Capital BDC buyer in Q3 2015 was Toronto Dominion Bank, an estimated $6.67M added.
  • The largest Golub Capital BDC seller in Q3 2015 was Advisors Capital Management, an estimated $4.6M sold.

Based on aggregated 13F filings for Q3 2015.