Golub Capital BDC
GBDC
110 hedge funds and large institutions have $395M invested in Golub Capital BDC in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 47 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
3% less capital invested
Capital invested by funds: $408M → $395M (-$13.8M)
4% less funds holding
Funds holding: 115 → 110 (-5)
30% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 47
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
75% less call options, than puts
Call options by funds: $140K | Put options by funds: $570K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$5.52M |
| 2 |
Morgan Stanley
New York
|
+$3.08M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$2.83M |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$2.23M |
| 5 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$6.58M |
| 2 |
Neuberger Berman Group
New York
|
-$3.28M |
| 3 |
JC
JBF Capital
Aspen,
Colorado
|
-$1.77M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.61M |
| 5 |
NRS
Neville Rodie & Shaw
New York
|
-$1.3M |
GBDC Hedge Fund Activity: Q1 2015 in Review
110 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q1 2015, worth a combined $395M — down 3.4% from $408M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of GBDC and 11 opened new positions — a net loss of 5 holders — while 47 trimmed existing stakes and 33 added.
The largest buyer was Schroder Investment Management Group, adding an estimated $5.52M. The largest seller was Amundi Asset Management US, exiting entirely with an estimated $6.58M sold.
- 110 institutional investors held Golub Capital BDC (GBDC) as of Q1 2015, down from 115 in Q4 2014.
- Funds reported $395M of Golub Capital BDC stock for Q1 2015, down 3.4% quarter-over-quarter.
- 11 funds opened new Golub Capital BDC positions in Q1 2015 and 16 closed out, a net change of -5 holders.
- The largest Golub Capital BDC buyer in Q1 2015 was Schroder Investment Management Group, an estimated $5.52M added.
- The largest Golub Capital BDC seller in Q1 2015 was Amundi Asset Management US, an estimated $6.58M sold.
Based on aggregated 13F filings for Q1 2015.