Golub Capital BDC
GBDC
252 hedge funds and large institutions have $974M invested in Golub Capital BDC in 2022 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 93 increasing their positions, 73 reducing their positions, and 22 closing their positions.
473% more call options, than puts
Call options by funds: $2.69M | Put options by funds: $469K
136% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 22
27% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 73
10% more funds holding
Funds holding: 230 → 252 (+22)
7% more capital invested
Capital invested by funds: $907M → $974M (+$67.7M)
0.39% more ownership
Funds ownership: 42.97% → 43.36% (+0.39%)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$20.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$10.6M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$7.66M |
| 4 |
NCM
Next Capital Management
New York
|
+$6.83M |
| 5 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$5.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$35.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$16.4M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
-$15.6M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
-$3.9M |
| 5 |
Goldman Sachs
New York
|
-$3.41M |
GBDC Hedge Fund Activity: Q4 2022 in Review
252 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q4 2022, worth a combined $974M — up 7.5% from $907M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new GBDC positions and 22 closed out — a net gain of 30 holders — while 93 added to existing stakes and 73 trimmed.
The largest buyer was Millennium Management, adding an estimated $20.7M. The largest seller was Rivernorth Capital Management, cutting an estimated $35.8M.
- 252 institutional investors held Golub Capital BDC (GBDC) as of Q4 2022, up from 230 in Q3 2022.
- Funds reported $974M of Golub Capital BDC stock for Q4 2022, up 7.5% quarter-over-quarter.
- 52 funds opened new Golub Capital BDC positions in Q4 2022 and 22 closed out, a net change of +30 holders.
- The largest Golub Capital BDC buyer in Q4 2022 was Millennium Management, an estimated $20.7M added.
- The largest Golub Capital BDC seller in Q4 2022 was Rivernorth Capital Management, an estimated $35.8M sold.
Based on aggregated 13F filings for Q4 2022.