Golub Capital BDC
GBDC
115 hedge funds and large institutions have $405M invested in Golub Capital BDC in 2014 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 31 increasing their positions, 38 reducing their positions, and 10 closing their positions.
382% more call options, than puts
Call options by funds: $405K | Put options by funds: $84K
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
18% more capital invested
Capital invested by funds: $345M → $405M (+$60.4M)
13% more funds holding
Funds holding: 102 → 115 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$6.62M |
| 2 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$4.47M |
| 3 |
JC
JBF Capital
Aspen,
Colorado
|
+$3.02M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.3M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$3.82M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$3.6M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.34M |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$2.12M |
| 5 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$1.16M |
GBDC Hedge Fund Activity: Q4 2014 in Review
115 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q4 2014, worth a combined $405M — up 18% from $345M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new GBDC positions and 10 closed out — a net gain of 14 holders — while 31 added to existing stakes and 38 trimmed.
The largest buyer was ClearBridge Investments, adding an estimated $6.62M. The largest seller was Confluence Investment Management, cutting an estimated $3.82M.
- 115 institutional investors held Golub Capital BDC (GBDC) as of Q4 2014, up from 102 in Q3 2014.
- Funds reported $405M of Golub Capital BDC stock for Q4 2014, up 18% quarter-over-quarter.
- 24 funds opened new Golub Capital BDC positions in Q4 2014 and 10 closed out, a net change of +14 holders.
- The largest Golub Capital BDC buyer in Q4 2014 was ClearBridge Investments, an estimated $6.62M added.
- The largest Golub Capital BDC seller in Q4 2014 was Confluence Investment Management, an estimated $3.82M sold.
Based on aggregated 13F filings for Q4 2014.