Golub Capital BDC
GBDC
124 hedge funds and large institutions have $500M invested in Golub Capital BDC in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 48 increasing their positions, 40 reducing their positions, and 6 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 40
19% more capital invested
Capital invested by funds: $421M → $500M (+$79.2M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 125 → 124 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$9.98M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.52M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.15M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.68M |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$6.48M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$4.7M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.33M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
-$1.21M |
GBDC Hedge Fund Activity: Q3 2016 in Review
124 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2016, worth a combined $500M — up 19% from $421M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GBDC positions and 6 closed out — a net gain of 1 holder — while 48 added to existing stakes and 40 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $9.98M. The largest seller was Bank of New York Mellon, cutting an estimated $6.48M.
- 124 institutional investors held Golub Capital BDC (GBDC) as of Q3 2016, down from 125 in Q2 2016.
- Funds reported $500M of Golub Capital BDC stock for Q3 2016, up 19% quarter-over-quarter.
- 7 funds opened new Golub Capital BDC positions in Q3 2016 and 6 closed out, a net change of +1 holder.
- The largest Golub Capital BDC buyer in Q3 2016 was Muzinich & Co, an estimated $9.98M added.
- The largest Golub Capital BDC seller in Q3 2016 was Bank of New York Mellon, an estimated $6.48M sold.
Based on aggregated 13F filings for Q3 2016.