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Golub Capital BDC

109 hedge funds and large institutions have $375M invested in Golub Capital BDC in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 46 increasing their positions, 33 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 33

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1% less funds holding

Funds holding: 110109 (-1)

4% less capital invested

Capital invested by funds: $392M → $375M (-$17.2M)

Holders
109
Holders Change
-1
Holders Change %
-0.91%
% of All Funds
2.94%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
9
Increased
46
Reduced
33
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ALA
1
Atherton Lane Advisers
California
$64.4M -$1.51M -89,041 -2%
ClearBridge Investments
2
ClearBridge Investments
New York
$36.3M -$364K -21,502 -1%
UBS Group
3
UBS Group
Switzerland
$23.7M -$720K -42,523 -3%
Schroder Investment Management Group
4
Schroder Investment Management Group
United Kingdom
$20.3M -$1.02M -59,976 -5%
T. Rowe Price Associates
5
T. Rowe Price Associates
Maryland
$19.6M -$60.7K -3,583 -0.3%
Wells Fargo
6
Wells Fargo
California
$15.3M -$912K -53,853 -5%
CIM
7
Confluence Investment Management
Missouri
$12.2M +$941K +55,528 +8%
Goldman Sachs
8
Goldman Sachs
New York
$11.8M -$550K -32,475 -4%
CCMLC
9
Cardinal Capital Management LLC (Connecticut)
Connecticut
$11.3M -$19.4K -1,144 -0.2%
ACM
10
Advisors Capital Management
New Jersey
$9.94M +$131K +7,731 +1%
Neuberger Berman Group
11
Neuberger Berman Group
New York
$9.27M -$524K -30,953 -5%
MC
12
Muzinich & Co
New York
$9.25M +$2.12M +125,326 +28%
YMRC
13
Yorktown Management & Research Company
Virginia
$7.63M
Morgan Stanley
14
Morgan Stanley
New York
$7.24M +$2.58M +152,532 +52%
NRS
15
Neville Rodie & Shaw
New York
$7.13M -$928K -54,755 -11%
HC
16
Highmount Capital
New York
$6.3M +$80.3K +4,738 +1%
Invesco
17
Invesco
Georgia
$5.84M -$14.4K -852 -0.2%
FIM
18
Frontier Investment Management
Texas
$5.45M +$157K +9,255 +3%
Thrivent Financial for Lutherans
19
Thrivent Financial for Lutherans
Minnesota
$4.97M
CS
20
Credit Suisse
Switzerland
$4.73M +$10.9K +642 +0.2%
TYCC
21
Texas Yale Capital Corp
Florida
$4.53M +$484K +28,591 +11%
CCP
22
Clough Capital Partners
Massachusetts
$4.51M +$2.9M +171,017 +160%
BG
23
BlackRock Group
United Kingdom
$3.99M -$132K -7,783 -3%
NEAM
24
New England Asset Management
Connecticut
$3.86M
JMPWA
25
JP Morgan Private Wealth Advisors
California
$3.76M -$833K -49,196 -18%

GBDC Hedge Fund Activity: Q2 2015 in Review

109 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2015, worth a combined $375M — down 4.4% from $392M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new GBDC positions and 8 closed out — a net gain of 1 holder — while 46 added to existing stakes and 33 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $3.96M. The largest seller was Northern Trust, exiting entirely with an estimated $3M sold.

  • 109 institutional investors held Golub Capital BDC (GBDC) as of Q2 2015, down from 110 in Q1 2015.
  • Funds reported $375M of Golub Capital BDC stock for Q2 2015, down 4.4% quarter-over-quarter.
  • 9 funds opened new Golub Capital BDC positions in Q2 2015 and 8 closed out, a net change of +1 holder.
  • The largest Golub Capital BDC buyer in Q2 2015 was Manulife (Manufacturers Life Insurance), an estimated $3.96M added.
  • The largest Golub Capital BDC seller in Q2 2015 was Northern Trust, an estimated $3M sold.

Based on aggregated 13F filings for Q2 2015.