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Golub Capital BDC

114 hedge funds and large institutions have $403M invested in Golub Capital BDC in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 34 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 34

0% more capital invested

Capital invested by funds: $402M → $403M (+$369K)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less funds holding

Funds holding: 115114 (-1)

4% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 25

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $117K

Holders
114
Holders Change
-1
Holders Change %
-0.87%
% of All Funds
3.28%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
24
Increased
44
Reduced
34
Closed
25
Calls
Puts
$117K
Net Calls
-$117K
Net Calls Change
-$284K
Name Holding Trade Value Shares
Change
Change in
Stake
ALA
1
Atherton Lane Advisers
California
$69M +$4.49M +269,352 +7%
U
2
UBS
Switzerland
$29.5M +$7.95M +476,818 +39%
ClearBridge Investments
3
ClearBridge Investments
New York
$26.7M +$2.18M +131,015 +9%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$22.7M +$2.81M +168,425 +15%
CIM
5
Confluence Investment Management
Missouri
$19.3M -$6.6M -396,260 -26%
Schroder Investment Management Group
6
Schroder Investment Management Group
United Kingdom
$17.4M +$4.94M +296,498 +42%
Neuberger Berman Group
7
Neuberger Berman Group
New York
$14.9M -$3.81M -228,622 -21%
Wells Fargo
8
Wells Fargo
California
$14.6M +$3.09M +185,646 +28%
Goldman Sachs
9
Goldman Sachs
New York
$14.3M +$307K +18,412 +2%
CCMLC
10
Cardinal Capital Management LLC (Connecticut)
Connecticut
$12.3M -$284K -17,071 -2%
AAMU
11
Amundi Asset Management US
Massachusetts
$10.5M +$4.5M +269,993 +81%
ACM
12
Advisors Capital Management
New Jersey
$10.1M -$37.1K -2,229 -0.4%
NRS
13
Neville Rodie & Shaw
New York
$8.65M +$1.6M +96,137 +24%
CS
14
Credit Suisse
Switzerland
$7.5M +$3.19M +191,151 +79%
AAM
15
Advisors Asset Management
Colorado
$6.66M -$2.11M -126,462 -25%
HC
16
Highmount Capital
New York
$6.34M +$4.64M +278,626 +319%
Invesco
17
Invesco
Georgia
$6.22M +$1.64M +98,267 +38%
JMPWA
18
JP Morgan Private Wealth Advisors
California
$6.08M +$1.43M +85,943 +32%
YMRC
19
Yorktown Management & Research Company
Virginia
$5.75M +$1.62M +96,995 +41%
Northern Trust
20
Northern Trust
Illinois
$5.67M -$4.5M -270,083 -45%
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$5.31M +$5.1M +306,300 New
AllianceBernstein
22
AllianceBernstein
Tennessee
$4.92M +$3.64M +218,449 +335%
Deutsche Bank
23
Deutsche Bank
Germany
$4.7M +$2.92M +175,273 +183%
Manulife (Manufacturers Life Insurance)
24
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.39M +$1.02M +61,351 +32%
NEAM
25
New England Asset Management
Connecticut
$4.12M

GBDC Hedge Fund Activity: Q2 2014 in Review

114 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2014, worth a combined $403M — up 0.09% from $402M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of GBDC and 24 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 44 added.

The largest buyer was UBS, adding an estimated $7.95M. The largest seller was BlackRock Fund Advisors, exiting entirely with an estimated $18.5M sold.

  • 114 institutional investors held Golub Capital BDC (GBDC) as of Q2 2014, down from 115 in Q1 2014.
  • Funds reported $403M of Golub Capital BDC stock for Q2 2014, up 0.09% quarter-over-quarter.
  • 24 funds opened new Golub Capital BDC positions in Q2 2014 and 25 closed out, a net change of -1 holder.
  • The largest Golub Capital BDC buyer in Q2 2014 was UBS, an estimated $7.95M added.
  • The largest Golub Capital BDC seller in Q2 2014 was BlackRock Fund Advisors, an estimated $18.5M sold.

Based on aggregated 13F filings for Q2 2014.