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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
Bank of Montreal
101
Bank of Montreal
Ontario, Canada
$160K +$116K +7,166 +236%
JIC
102
Joel Isaacson & Co
New York
$154K
AIG
103
American International Group
New York
$74K -$21.2K -1,314 -22%
MFS
104
MSI Financial Services
Massachusetts
$30K +$4.79K +296 +18%
CPIG
105
Chicago Partners Investment Group
Illinois
$27K +$566 +35 +2%
US Bancorp
106
US Bancorp
Minnesota
$23K -$24.2K -1,494 -50%
LTFS
107
Ladenburg Thalmann Financial Services
Florida
$23K
WA
108
WFG Advisors
Texas
$21K +$97 +6 +0.4%
TRCT
109
Tower Research Capital (TRC)
New York
$17K -$56.4K -3,488 -76%
BlackRock
110
BlackRock
New York
$11K +$11.6K +715 New
AF
111
Allworth Financial
California
$9K +$9.15K +566 New
FHA
112
First Horizon Advisors
Tennessee
$8K
Manulife (Manufacturers Life Insurance)
113
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$6.16K -$5.48K -339 -0.1%
NFG
114
Next Financial Group
Texas
$6K -$13.8K -856 -68%
IWMPD
115
Integrated Wealth Management (Palm Desert)
California
$6K +$65 +4 +1%
PAM
116
Panagora Asset Management
Massachusetts
$4K -$8.71K -539 -70%
PFO
117
Pathstone Family Office
New Jersey
$4K
WEC
118
Winslow Evans & Crocker
Massachusetts
$3.2K
FNBT
119
FineMark National Bank & Trust
Florida
$1K +$1.15K +71 New
JIC
120
JRM Investment Counsel
Nebraska
-$2.61M -161,016 Closed
AIU
121
Algebris Investments (UK)
United Kingdom
-$1.31M -80,849 Closed
Two Sigma Investments
122
Two Sigma Investments
New York
-$846K -52,184 Closed
Cambridge Investment Research Advisors
123
Cambridge Investment Research Advisors
Iowa
-$462K -28,467 Closed
MLL
124
Moody Lynn & Lieberson
Massachusetts
-$388K -23,906 Closed
CIC
125
Crawford Investment Counsel
Georgia
-$385K -23,738 Closed

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.