Golub Capital BDC
GBDC
227 hedge funds and large institutions have $1.17B invested in Golub Capital BDC in 2021 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 84 increasing their positions, 60 reducing their positions, and 23 closing their positions.
113% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 23
71% more call options, than puts
Call options by funds: $708K | Put options by funds: $413K
40% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 60
11% more funds holding
Funds holding: 204 → 227 (+23)
0.68% more ownership
Funds ownership: 44.03% → 44.71% (+0.68%)
1% less capital invested
Capital invested by funds: $1.18B → $1.17B (-$13.7M)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$31.5M |
| 2 |
Millennium Management
New York
|
+$19.9M |
| 3 |
HCC
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
|
+$6.75M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$5.44M |
| 5 |
AM
Ares Management
Los Angeles,
California
|
+$4.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SO
STRS Ohio
Columbus,
Ohio
|
-$23.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$23.4M |
| 3 |
Jane Street
New York
|
-$16.8M |
| 4 |
RFA
Radnor Financial Advisors
Wayne,
Pennsylvania
|
-$5.58M |
| 5 |
RC
RegentAtlantic Capital
Morristown,
New Jersey
|
-$4.16M |
GBDC Hedge Fund Activity: Q4 2021 in Review
227 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q4 2021, worth a combined $1.17B — down 1.2% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new GBDC positions and 23 closed out — a net gain of 26 holders — while 84 added to existing stakes and 60 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $31.5M. The largest seller was STRS Ohio, cutting an estimated $23.6M.
- 227 institutional investors held Golub Capital BDC (GBDC) as of Q4 2021, up from 204 in Q3 2021.
- Funds reported $1.17B of Golub Capital BDC stock for Q4 2021, down 1.2% quarter-over-quarter.
- 49 funds opened new Golub Capital BDC positions in Q4 2021 and 23 closed out, a net change of +26 holders.
- The largest Golub Capital BDC buyer in Q4 2021 was Baillie Gifford & Co, an estimated $31.5M added.
- The largest Golub Capital BDC seller in Q4 2021 was STRS Ohio, an estimated $23.6M sold.
Based on aggregated 13F filings for Q4 2021.