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Golub Capital BDC

185 hedge funds and large institutions have $1.03B invested in Golub Capital BDC in 2019 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 80 increasing their positions, 33 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 33

118% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 17

29% more capital invested

Capital invested by funds: $797M → $1.03B (+$235M)

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

11% more funds holding

Funds holding: 167185 (+18)

10.42% more ownership

Funds ownership: 32.64%43.05% (+10%)

46% less call options, than puts

Call options by funds: $295K | Put options by funds: $543K

Holders
185
Holders Change
+18
Holders Change %
+10.78%
% of All Funds
3.64%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.18%
New
37
Increased
80
Reduced
33
Closed
17
Calls
$295K
Puts
$543K
Net Calls
-$248K
Net Calls Change
+$1.34M
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Life
126
Canada Life
Manitoba, Canada
$367K +$360K +20,430 New
WJWM
127
Williams Jones Wealth Management
New York
$341K
TG
128
TCW Group
California
$339K -$85.2K -4,829 -20%
IA
129
IFG Advisory
Georgia
$320K +$68.3K +3,869 +28%
CSS
130
Cubist Systematic Strategies
Connecticut
$314K +$306K +17,351 New
SFSIG
131
San Francisco Sentry Investment Group
California
$312K +$25.2K +1,430 +9%
AG
132
Aperio Group
California
$301K +$109K +6,186 +59%
Lido Advisors
133
Lido Advisors
California
$292K
KFA
134
Kelleher Financial Advisors
New York
$287K
RJFSA
135
Raymond James Financial Services Advisors
Florida
$275K +$18.1K +1,027 +7%
Squarepoint
136
Squarepoint
New York
$275K +$268K +15,203 New
MHS
137
M Holdings Securities
Oregon
$254K -$10.4K -592 -4%
SPC
138
Sigma Planning Corp
Michigan
$242K +$35.3K +1,999 +18%
MFG
139
Magnus Financial Group
New York
$240K
SSA
140
Schonfeld Strategic Advisors
New York
$240K +$234K +13,273 New
CMANY
141
Capital Management Associates (New York)
New York
$233K -$45K -2,552 -17%
WP
142
WealthSource Partners
California
$226K -$4.94K -280 -2%
IAA
143
Independent Advisor Alliance
North Carolina
$215K +$209K +11,868 New
KPW
144
Kore Private Wealth
New York
$205K
PA
145
Parallel Advisors
California
$204K +$146K +8,257 +273%
Cerity Partners
146
Cerity Partners
New York
$194K +$190K +10,749 New
FBA
147
Front Barnett Associates
Illinois
$192K
SEI Investments
148
SEI Investments
Pennsylvania
$192K +$188K +10,643 New
Deutsche Bank
149
Deutsche Bank
Germany
$191K -$1.64M -92,900 -90%
BAM
150
Belpointe Asset Management
Nevada
$174K +$8.22K +466 +5%

GBDC Hedge Fund Activity: Q4 2019 in Review

185 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q4 2019, worth a combined $1.03B — up 29% from $797M a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new GBDC positions and 17 closed out — a net gain of 20 holders — while 80 added to existing stakes and 33 trimmed.

The largest buyer was Fort Washington Investment Advisors, adding an estimated $25.4M. The largest seller was Zeke Capital Advisors, cutting an estimated $7.97M.

  • 185 institutional investors held Golub Capital BDC (GBDC) as of Q4 2019, up from 167 in Q3 2019.
  • Funds reported $1.03B of Golub Capital BDC stock for Q4 2019, up 29% quarter-over-quarter.
  • 37 funds opened new Golub Capital BDC positions in Q4 2019 and 17 closed out, a net change of +20 holders.
  • The largest Golub Capital BDC buyer in Q4 2019 was Fort Washington Investment Advisors, an estimated $25.4M added.
  • The largest Golub Capital BDC seller in Q4 2019 was Zeke Capital Advisors, an estimated $7.97M sold.

Based on aggregated 13F filings for Q4 2019.