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Golub Capital BDC

159 hedge funds and large institutions have $393M invested in Golub Capital BDC in 2019 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 58 increasing their positions, 45 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

75,100% more call options, than puts

Call options by funds: $752K | Put options by funds: $1K

38% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 16

29% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 45

3% more funds holding

Funds holding: 155159 (+4)

3% less capital invested

Capital invested by funds: $403M → $393M (-$10.5M)

2.34% less ownership

Funds ownership: 39.55%37.21% (-2.3%)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
159
Holders Change
+4
Holders Change %
+2.58%
% of All Funds
3.45%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.11%
New
22
Increased
58
Reduced
45
Closed
16
Calls
$752K
Puts
$1K
Net Calls
+$751K
Net Calls Change
+$2K
Name Holding Trade Value Shares
Change
Change in
Stake
AWA
101
Arete Wealth Advisors
Illinois
$299K +$22.9K +1,305 +8%
T. Rowe Price Associates
102
T. Rowe Price Associates
Maryland
$285K
Lido Advisors
103
Lido Advisors
California
$281K
DIM
104
DC Investments Management
Virginia
$280K +$282K +16,087 New
KFA
105
Kelleher Financial Advisors
New York
$277K +$279K +15,887 New
EAM
106
Evanson Asset Management
California
$276K
SFSIG
107
San Francisco Sentry Investment Group
California
$276K +$10.7K +612 +4%
Jane Street
108
Jane Street
New York
$275K +$277K +15,781 New
RFN
109
RDA Financial Network
Iowa
$274K +$82.4K +4,700 +42%
CMANY
110
Capital Management Associates (New York)
New York
$269K -$26.9K -1,532 -9%
MHS
111
M Holdings Securities
Oregon
$267K +$27.4K +1,563 +11%
AIM
112
Allen Investment Management
New York
$265K
RJFSA
113
Raymond James Financial Services Advisors
Florida
$257K +$1.31K +75 +0.5%
BFO
114
Biltmore Family Office
North Carolina
$251K -$191K -10,864 -43%
WP
115
WealthSource Partners
California
$232K +$233K +13,295 New
MFG
116
Magnus Financial Group
New York
$231K -$134K -7,658 -37%
IA
117
IFG Advisory
Georgia
$222K +$21.9K +1,250 +11%
SPC
118
Sigma Planning Corp
Michigan
$209K +$23.4K +1,333 +13%
MIC
119
Meridian Investment Counsel
California
$202K
KPW
120
Kore Private Wealth
New York
$197K +$151K +8,628 +321%
FBA
121
Front Barnett Associates
Illinois
$188K
Two Sigma Advisers
122
Two Sigma Advisers
New York
$187K +$188K +10,721 New
Cambridge Investment Research Advisors
123
Cambridge Investment Research Advisors
Iowa
$183K +$184K +10,505 New
PCM
124
Prelude Capital Management
New York
$178K
LTFS
125
Ladenburg Thalmann Financial Services
Florida
$164K -$35.2K -2,007 -18%

GBDC Hedge Fund Activity: Q2 2019 in Review

159 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2019, worth a combined $393M — down 2.6% from $403M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new GBDC positions and 16 closed out — a net gain of 6 holders — while 58 added to existing stakes and 45 trimmed.

The largest buyer was Sound Income Strategies, adding an estimated $5.95M. The largest seller was MRA Associates USA, cutting an estimated $35.3M.

  • 159 institutional investors held Golub Capital BDC (GBDC) as of Q2 2019, up from 155 in Q1 2019.
  • Funds reported $393M of Golub Capital BDC stock for Q2 2019, down 2.6% quarter-over-quarter.
  • 22 funds opened new Golub Capital BDC positions in Q2 2019 and 16 closed out, a net change of +6 holders.
  • The largest Golub Capital BDC buyer in Q2 2019 was Sound Income Strategies, an estimated $5.95M added.
  • The largest Golub Capital BDC seller in Q2 2019 was MRA Associates USA, an estimated $35.3M sold.

Based on aggregated 13F filings for Q2 2019.