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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
SAM
76
Shikiar Asset Management
New York
$1.75M +$327K +23,050 +24%
AFG
77
Albion Financial Group
Utah
$1.74M +$317K +22,331 +23%
LCWP
78
Legacy Capital Wealth Partners
Arkansas
$1.7M +$1.64M +115,648 New
HWAM
79
Hennion & Walsh Asset Management
New Jersey
$1.69M -$625K -44,052 -28%
First Trust Advisors
80
First Trust Advisors
Illinois
$1.67M -$459K -32,380 -22%
GA
81
GraniteShares Advisors
New York
$1.63M +$60.4K +4,255 +4%
S
82
SignatureFD
Georgia
$1.55M +$19.7K +1,390 +1%
HWM
83
HB Wealth Management
Georgia
$1.54M +$66.4K +4,683 +5%
FCM
84
FJ Capital Management
Virginia
$1.47M +$1.42M +100,141 New
TG
85
TCW Group
California
$1.41M -$169K -11,920 -11%
IFO
86
Independent Family Office
New York
$1.4M
SCA
87
Snowden Capital Advisors
New York
$1.39M -$23.1K -1,625 -2%
EIA
88
Edgemoor Investment Advisors
Maryland
$1.39M -$130K -9,187 -9%
Lido Advisors
89
Lido Advisors
California
$1.37M -$324K -22,858 -20%
PCM
90
Prelude Capital Management
New York
$1.33M -$3.21K -226 -0.2%
Northern Trust
91
Northern Trust
Illinois
$1.33M +$209K +14,705 +19%
Janney Montgomery Scott
92
Janney Montgomery Scott
Pennsylvania
$1.31M +$285K +20,119 +29%
Commonwealth Equity Services
93
Commonwealth Equity Services
Massachusetts
$1.29M +$11.6K +816 +0.9%
ECM
94
ExodusPoint Capital Management
New York
$1.28M +$1.23M +87,053 New
JMPWA
95
JP Morgan Private Wealth Advisors
California
$1.23M +$21.6K +1,520 +2%
SG Americas Securities
96
SG Americas Securities
New York
$1.2M +$1.16M +81,853 New
CAM
97
Cresset Asset Management
Illinois
$1.12M -$311K -21,942 -22%
CSS
98
Cubist Systematic Strategies
Connecticut
$1.11M +$1.07M +75,509 New
CG
99
Cynosure Group
Utah
$1.09M +$15.7K +1,110 +2%
Envestnet Asset Management
100
Envestnet Asset Management
Illinois
$1.08M +$64K +4,515 +7%

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.