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Golub Capital BDC

110 hedge funds and large institutions have $301M invested in Golub Capital BDC in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 64 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

321% more call options, than puts

Call options by funds: $1.08M | Put options by funds: $256K

276% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 17

33% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 9

11% more capital invested

Capital invested by funds: $270M → $301M (+$30.9M)

1% more funds holding

Funds holding: 109110 (+1)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
110
Holders Change
+1
Holders Change %
+0.92%
% of All Funds
3.57%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
12
Increased
64
Reduced
17
Closed
9
Calls
$1.08M
Puts
$256K
Net Calls
+$823K
Net Calls Change
+$471K
Name Holding Trade Value Shares
Change
Change in
Stake
ALA
1
Atherton Lane Advisers
California
$35.4M +$4.27M +247,521 +13%
CIM
2
Confluence Investment Management
Missouri
$25.7M +$1.9M +110,202 +8%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$18.7M -$861K -49,889 -4%
BFA
4
BlackRock Fund Advisors
California
$18.4M +$3.1M +179,998 +20%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$17.5M +$1.77M +102,499 +11%
U
6
UBS
Switzerland
$17.1M +$3.08M +178,326 +22%
Goldman Sachs
7
Goldman Sachs
New York
$11.6M +$555K +32,147 +5%
State Street
8
State Street
Massachusetts
$10M +$519K +30,078 +5%
Wells Fargo
9
Wells Fargo
California
$9.13M +$1.28M +74,078 +16%
AAM
10
Advisors Asset Management
Colorado
$9.03M +$450K +26,062 +5%
ACM
11
Advisors Capital Management
New Jersey
$8.64M +$812K +47,059 +10%
BIT
12
BlackRock Institutional Trust
California
$8.39M +$546K +31,677 +7%
Northern Trust
13
Northern Trust
Illinois
$7.14M +$2.53M +146,517 +53%
1832 Asset Management
14
1832 Asset Management
Ontario, Canada
$6.41M +$6.52M +377,770 New
Vanguard Group
15
Vanguard Group
Pennsylvania
$5.92M +$586K +33,990 +11%
ClearBridge Investments
16
ClearBridge Investments
New York
$5.25M +$5.34M +309,608 New
Invesco
17
Invesco
Georgia
$4.93M +$923K +53,500 +23%
CS
18
Credit Suisse
Switzerland
$4.24M +$194K +11,220 +5%
NEAM
19
New England Asset Management
Connecticut
$4.04M
YMRC
20
Yorktown Management & Research Company
Virginia
$3.99M +$1.02M +59,218 +34%
BG
21
BlackRock Group
United Kingdom
$3.3M +$1.1M +64,007 +49%
NRS
22
Neville Rodie & Shaw
New York
$3.11M
TYCC
23
Texas Yale Capital Corp
Florida
$2.96M +$295K +17,111 +11%
BF
24
BOK Financial
Oklahoma
$2.87M +$50.8K +2,943 +2%
TCIM
25
TIAA CREF Investment Management
New York
$2.82M +$457K +26,477 +19%

GBDC Hedge Fund Activity: Q3 2013 in Review

110 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2013, worth a combined $301M — up 11% from $270M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new GBDC positions and 9 closed out — a net gain of 3 holders — while 64 added to existing stakes and 17 trimmed.

The largest buyer was 1832 Asset Management, opening a new position worth an estimated $6.52M. The largest seller was Brown Advisory, cutting an estimated $1.55M.

  • 110 institutional investors held Golub Capital BDC (GBDC) as of Q3 2013, up from 109 in Q2 2013.
  • Funds reported $301M of Golub Capital BDC stock for Q3 2013, up 11% quarter-over-quarter.
  • 12 funds opened new Golub Capital BDC positions in Q3 2013 and 9 closed out, a net change of +3 holders.
  • The largest Golub Capital BDC buyer in Q3 2013 was 1832 Asset Management, an estimated $6.52M added.
  • The largest Golub Capital BDC seller in Q3 2013 was Brown Advisory, an estimated $1.55M sold.

Based on aggregated 13F filings for Q3 2013.