Golub Capital BDC
GBDC
125 hedge funds and large institutions have $421M invested in Golub Capital BDC in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 36 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
29% more capital invested
Capital invested by funds: $326M → $421M (+$94.8M)
22% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 36
8.06% more ownership
Funds ownership: 34.26% → 42.32% (+8.1%)
6% more funds holding
Funds holding: 118 → 125 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$57.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.89M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$2.65M |
| 4 |
HB
Homrich & Berg
Atlanta,
Georgia
|
+$2.39M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Delphi Management
Brookline,
Massachusetts
|
-$978K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$941K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$845K |
| 4 |
D.E. Shaw & Co
New York
|
-$545K |
| 5 |
UBS AM
Chicago,
Illinois
|
-$544K |
GBDC Hedge Fund Activity: Q2 2016 in Review
125 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2016, worth a combined $421M — up 29% from $326M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GBDC positions and 7 closed out — a net gain of 8 holders — while 44 added to existing stakes and 36 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $57.2M. The largest seller was Delphi Management, exiting entirely with an estimated $978K sold.
- 125 institutional investors held Golub Capital BDC (GBDC) as of Q2 2016, up from 118 in Q1 2016.
- Funds reported $421M of Golub Capital BDC stock for Q2 2016, up 29% quarter-over-quarter.
- 15 funds opened new Golub Capital BDC positions in Q2 2016 and 7 closed out, a net change of +8 holders.
- The largest Golub Capital BDC buyer in Q2 2016 was Bank of New York Mellon, an estimated $57.2M added.
- The largest Golub Capital BDC seller in Q2 2016 was Delphi Management, an estimated $978K sold.
Based on aggregated 13F filings for Q2 2016.