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Golub Capital BDC

249 hedge funds and large institutions have $1.01B invested in Golub Capital BDC in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 97 increasing their positions, 67 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $904K | Put options by funds: $531K

45% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 67

39% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 23

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

7% more capital invested

Capital invested by funds: $944M → $1.01B (+$65M)

2% more funds holding

Funds holding: 243249 (+6)

0.46% less ownership

Funds ownership: 41.03%40.57% (-0.46%)

Holders
249
Holders Change
+6
Holders Change %
+2.47%
% of All Funds
3.95%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.16%
New
32
Increased
97
Reduced
67
Closed
23
Calls
$904K
Puts
$531K
Net Calls
+$373K
Net Calls Change
+$736K
Name Holding Trade Value Shares
Change
Change in
Stake
KFA
201
Kelleher Financial Advisors
New York
$173K +$23.3K +1,640 +16%
CAN
202
Cetera Advisor Networks
California
$168K +$163K +11,459 New
IWC
203
Integrated Wealth Concepts
Massachusetts
$164K +$2.75K +194 +2%
GC
204
Grimes & Company
Massachusetts
$163K
EAM
205
Evanson Asset Management
California
$163K
LNWWM
206
Laird Norton Wetherby Wealth Management
California
$157K +$152K +10,717 New
D.E. Shaw & Co
207
D.E. Shaw & Co
New York
$156K +$150K +10,600 New
Mercer Global Advisors
208
Mercer Global Advisors
Colorado
$155K -$44K -3,104 -23%
SOW
209
State of Wyoming
Wyoming
$150K +$56.5K +3,982 +64%
CWM
210
Cherrydale Wealth Management
New Jersey
$148K +$144K +10,122 New
LFG
211
Larson Financial Group
Missouri
$141K
FWM
212
Focused Wealth Management
New York
$138K +$3.18K +224 +2%
CA
213
Clearstead Advisors
Ohio
$90.1K +$43.5K +3,070 +100%
PNC Financial Services Group
214
PNC Financial Services Group
Pennsylvania
$63.4K
CFD
215
Creative Financial Designs
Indiana
$55.2K -$14.9K -1,050 -22%
HIM
216
Hillsdale Investment Management
Ontario, Canada
$51.6K +$49.9K +3,520 New
BCM
217
Basso Capital Management
Connecticut
$48.4K
ACM
218
Aquatic Capital Management
Illinois
$45K -$126K -8,900 -74%
TRCT
219
Tower Research Capital (TRC)
New York
$40.2K +$8.94K +630 +30%
AA
220
Ancora Advisors
Ohio
$31.2K
MA
221
Montag & Associates
Georgia
$29.3K
Nomura Asset Management
222
Nomura Asset Management
Japan
$28.7K -$21.5K -1,517 -44%
AAG
223
Armstrong Advisory Group
Massachusetts
$27.6K
SWM
224
Spire Wealth Management
Virginia
$26.3K
US Bancorp
225
US Bancorp
Minnesota
$23.2K -$107K -7,553 -83%

GBDC Hedge Fund Activity: Q3 2023 in Review

249 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2023, worth a combined $1.01B — up 6.9% from $944M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new GBDC positions and 23 closed out — a net gain of 9 holders — while 97 added to existing stakes and 67 trimmed.

The largest buyer was Allen Investment Management, adding an estimated $10.4M. The largest seller was Cerity Partners, cutting an estimated $24.9M.

  • 249 institutional investors held Golub Capital BDC (GBDC) as of Q3 2023, up from 243 in Q2 2023.
  • Funds reported $1.01B of Golub Capital BDC stock for Q3 2023, up 6.9% quarter-over-quarter.
  • 32 funds opened new Golub Capital BDC positions in Q3 2023 and 23 closed out, a net change of +9 holders.
  • The largest Golub Capital BDC buyer in Q3 2023 was Allen Investment Management, an estimated $10.4M added.
  • The largest Golub Capital BDC seller in Q3 2023 was Cerity Partners, an estimated $24.9M sold.

Based on aggregated 13F filings for Q3 2023.