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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
CMANY
101
Capital Management Associates (New York)
New York
$336K
RJFSA
102
Raymond James Financial Services Advisors
Florida
$310K +$16.4K +889 +6%
Canada Life
103
Canada Life
Manitoba, Canada
$304K -$2.14K -116 -0.7%
SPC
104
Sigma Planning Corp
Michigan
$303K +$100K +5,439 +49%
NFA
105
Nuveen Fund Advisors
Illinois
$294K -$133K -7,209 -31%
EAM
106
Evanson Asset Management
California
$291K
Lido Advisors
107
Lido Advisors
California
$277K
Mirae Asset Global Investments
108
Mirae Asset Global Investments
South Korea
$276K +$277K +15,033 New
CIBC World Market
109
CIBC World Market
Ontario, Canada
$275K -$71.7K -3,888 -21%
AIM
110
Allen Investment Management
New York
$274K -$297K -16,098 -52%
PSUF
111
People's United Financial
Connecticut
$271K -$541K -29,323 -66%
EWM
112
Evercore Wealth Management
New York
$271K
EGA
113
Eagle Global Advisors
Texas
$268K -$14.9K -807 -5%
MIC
114
Meridian Investment Counsel
California
$262K -$18.8K -1,021 -7%
AI
115
Atria Investments
North Carolina
$260K
AWA
116
Arete Wealth Advisors
Illinois
$259K
DWM
117
Dynasty Wealth Management
Florida
$244K
LPL Financial
118
LPL Financial
California
$228K
IWM
119
IHT Wealth Management
Illinois
$228K +$18.6K +1,008 +9%
SFSIG
120
San Francisco Sentry Investment Group
California
$213K +$35.8K +1,940 +20%
SFI
121
Susquehanna Fundamental Investments
Pennsylvania
$205K +$205K +11,141 New
MHS
122
M Holdings Securities
Oregon
$202K +$203K +11,021 New
Citadel Advisors
123
Citadel Advisors
Florida
$201K -$781K -42,346 -79%
FBA
124
Front Barnett Associates
Illinois
$198K
IA
125
IFG Advisory
Georgia
$196K

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.