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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
SPIA
126
Steward Partners Investment Advisory
New York
$179K +$7.34K +398 +4%
BAM
127
Belpointe Asset Management
Nevada
$158K +$159K +8,627 New
SEI Investments
128
SEI Investments
Pennsylvania
$156K +$2.82K +153 +2%
Citigroup
129
Citigroup
New York
$120K +$97.9K +5,309 +425%
PNC Financial Services Group
130
PNC Financial Services Group
Pennsylvania
$108K
US Bancorp
131
US Bancorp
Minnesota
$105K
GEA
132
Glen Eagle Advisors
New Jersey
$90.7K +$240 +13 +0.3%
AG
133
Advisor Group
Arizona
$52K +$37 +2 +0.1%
UBS AM
134
UBS AM
Illinois
$47.4K
NSIM
135
North Star Investment Management
Illinois
$44K
CBT
136
Capital Bank & Trust
California
$39K
CPIG
137
Chicago Partners Investment Group
Illinois
$38K +$645 +35 +2%
Macquarie Group
138
Macquarie Group
Australia
$38K +$37.6K +2,042 New
RFC
139
Regions Financial Corp
Alabama
$31K -$15K -816 -33%
TRCT
140
Tower Research Capital (TRC)
New York
$30K +$19K +1,029 +166%
BFEC
141
Benjamin F. Edwards & Company
Missouri
$18K
EWM
142
Endurance Wealth Management
Rhode Island
$15K
CAC
143
Certified Advisory Corp
Florida
$15K +$147 +8 +1%
HIM
144
Hillsdale Investment Management
Ontario, Canada
$12K
Barclays
145
Barclays
United Kingdom
$11K +$11.3K +613 New
FHA
146
First Horizon Advisors
Tennessee
$9K
IA
147
IFP Advisors
Florida
$9K
PA
148
Parallel Advisors
California
$9K
QCIG
149
Quad-Cities Investment Group
Iowa
$9K
NFG
150
Next Financial Group
Texas
$7K +$7.3K +396 New

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.