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Golub Capital BDC

337 hedge funds and large institutions have $1.69B invested in Golub Capital BDC in 2025 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 150 increasing their positions, 83 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

118% more call options, than puts

Call options by funds: $1.73M | Put options by funds: $794K

81% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 83

47% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 34

18% more funds holding in top 10

Funds holding in top 10: 1113 (+2)

7% more capital invested

Capital invested by funds: $1.58B → $1.69B (+$112M)

3% more funds holding

Funds holding: 326337 (+11)

2.68% more ownership

Funds ownership: 39.11%41.78% (+2.7%)

Holders
337
Holders Change
+11
Holders Change %
+3.37%
% of All Funds
4.52%
Holding in Top 10
13
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+18.18%
% of All Funds
0.17%
New
50
Increased
150
Reduced
83
Closed
34
Calls
$1.73M
Puts
$794K
Net Calls
+$936K
Net Calls Change
+$1.75M
Name Holding Trade Value Shares
Change
Change in
Stake
Creative Planning
126
Creative Planning
Kansas
$1.18M +$243K +15,837 +26%
TI
127
Tidal Investments
Wisconsin
$1.18M
CAM
128
Cresset Asset Management
Illinois
$1.11M -$814K -53,018 -42%
State Street
129
State Street
Massachusetts
$1.08M +$1.09M +71,035 New
SA
130
Sanctuary Advisors
Indiana
$1.07M -$28.9K -1,884 -3%
FM
131
Family Management
New York
$1.07M +$68.9K +4,489 +7%
EIA
132
Edgemoor Investment Advisors
Maryland
$1.06M -$19.4K -1,265 -2%
GWMIA
133
Global Wealth Management Investment Advisory
Florida
$1.06M -$41.1K -2,681 -4%
AWC
134
Abundance Wealth Counselors
Pennsylvania
$1.05M +$214K +13,953 +25%
Ameriprise
135
Ameriprise
Minnesota
$1.05M +$46K +2,996 +5%
ANTB
136
AMG National Trust Bank
Colorado
$1.02M
AFG
137
Albion Financial Group
Utah
$1M -$671K -43,748 -40%
GIC
138
Generali Investments CEE
Czech Republic
$989K +$1M +65,351 New
Kovitz Investment Group Partners
139
Kovitz Investment Group Partners
Illinois
$987K -$9.95K -648 -1%
Osaic Holdings
140
Osaic Holdings
Arizona
$981K +$97.7K +6,368 +11%
Barclays
141
Barclays
United Kingdom
$976K
SBCM
142
Silverberg Bernstein Capital Management
New York
$957K +$47.6K +3,100 +5%
RWA
143
Redhawk Wealth Advisors
Minnesota
$955K +$268K +17,439 +38%
VIA
144
Virtus Investment Advisers
Connecticut
$955K +$968K +63,057 New
NRS
145
Neville Rodie & Shaw
New York
$941K -$4.57K -298 -0.5%
D.E. Shaw & Co
146
D.E. Shaw & Co
New York
$928K -$1.28M -83,454 -58%
WA
147
Whipplewood Advisors
Colorado
$859K -$859K -55,988 -99%
EW
148
Evoke Wealth
California
$850K
Susquehanna International Group
149
Susquehanna International Group
Pennsylvania
$812K +$413K +26,931 +101%
CPIG
150
Chicago Partners Investment Group
Illinois
$809K +$152K +9,913 +21%

GBDC Hedge Fund Activity: Q1 2025 in Review

337 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q1 2025, worth a combined $1.69B — up 7.1% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new GBDC positions and 34 closed out — a net gain of 16 holders — while 150 added to existing stakes and 83 trimmed.

The largest buyer was Generali Asset Management, opening a new position worth an estimated $27.6M. The largest seller was Corient Private Wealth, cutting an estimated $10.1M.

  • 337 institutional investors held Golub Capital BDC (GBDC) as of Q1 2025, up from 326 in Q4 2024.
  • Funds reported $1.69B of Golub Capital BDC stock for Q1 2025, up 7.1% quarter-over-quarter.
  • 50 funds opened new Golub Capital BDC positions in Q1 2025 and 34 closed out, a net change of +16 holders.
  • The largest Golub Capital BDC buyer in Q1 2025 was Generali Asset Management, an estimated $27.6M added.
  • The largest Golub Capital BDC seller in Q1 2025 was Corient Private Wealth, an estimated $10.1M sold.

Based on aggregated 13F filings for Q1 2025.