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Golub Capital BDC

156 hedge funds and large institutions have $414M invested in Golub Capital BDC in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 61 increasing their positions, 42 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 42

30% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 10

1% more funds holding

Funds holding: 154156 (+2)

3% more capital invested

Capital invested by funds: $402M → $414M (+$12.6M)

0.23% less ownership

Funds ownership: 37.83%37.6% (-0.23%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
156
Holders Change
+2
Holders Change %
+1.3%
% of All Funds
3.57%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.09%
New
13
Increased
61
Reduced
42
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UCFA
76
United Capital Financial Advisors
Texas
$701K +$704K +38,185 New
GWM
77
Geneos Wealth Management
Colorado
$690K +$80.5K +4,365 +13%
CCM
78
Canal Capital Management
Virginia
$659K -$47.6K -2,582 -7%
AIM
79
Anchor Investment Management
South Carolina
$628K +$368K +19,961 +140%
GT
80
Glenmede Trust
Pennsylvania
$610K +$484K +26,238 +371%
WSCM
81
Wellington Shields Capital Management
New York
$604K -$7.52K -408 -1%
BO
82
Bank OZK
Arkansas
$580K
MC
83
Moors & Cabot
Massachusetts
$550K +$2.34K +127 +0.4%
Bank of America
84
Bank of America
North Carolina
$548K +$59.1K +3,208 +12%
DIM
85
DC Investments Management
Virginia
$539K -$9.99K -542 -2%
LTFS
86
Ladenburg Thalmann Financial Services
Florida
$528K +$330K +17,876 +165%
AFNAS
87
American Financial Network Advisory Services
California
$527K +$529K +28,698 +130,445%
Ameriprise
88
Ameriprise
Minnesota
$521K +$28.6K +1,549 +6%
TG
89
TCW Group
California
$514K -$77.2K -4,187 -13%
California Public Employees Retirement System
90
California Public Employees Retirement System
California
$514K -$28.7K -1,556 -5%
William Blair & Company
91
William Blair & Company
Illinois
$504K
Northern Trust
92
Northern Trust
Illinois
$492K +$59.1K +3,207 +14%
G
93
GenTrust
Florida
$487K
MAA
94
Mraz Amerine & Associates
California
$466K
State of Tennessee, Department of Treasury
95
State of Tennessee, Department of Treasury
Tennessee
$405K -$67.7K -3,673 -14%
CCM
96
Coe Capital Management
Illinois
$403K -$594K -32,196 -59%
WJA
97
Williams Jones & Associates
New York
$403K
Stifel Financial
98
Stifel Financial
Missouri
$389K +$55.3K +2,997 +17%
AG
99
Aperio Group
California
$377K +$11.5K +624 +3%
MF
100
Magnetar Financial
Illinois
$344K -$148K -8,029 -30%

GBDC Hedge Fund Activity: Q3 2018 in Review

156 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2018, worth a combined $414M — up 3.1% from $402M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new GBDC positions and 10 closed out — a net gain of 3 holders — while 61 added to existing stakes and 42 trimmed.

The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $4.74M. The largest seller was Goldman Sachs, exiting entirely with an estimated $9.61M sold.

  • 156 institutional investors held Golub Capital BDC (GBDC) as of Q3 2018, up from 154 in Q2 2018.
  • Funds reported $414M of Golub Capital BDC stock for Q3 2018, up 3.1% quarter-over-quarter.
  • 13 funds opened new Golub Capital BDC positions in Q3 2018 and 10 closed out, a net change of +3 holders.
  • The largest Golub Capital BDC buyer in Q3 2018 was Arrowstreet Capital, an estimated $4.74M added.
  • The largest Golub Capital BDC seller in Q3 2018 was Goldman Sachs, an estimated $9.61M sold.

Based on aggregated 13F filings for Q3 2018.