Golub Capital BDC
GBDC
139 hedge funds and large institutions have $456M invested in Golub Capital BDC in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 14 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
21% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 43
0% more funds holding
Funds holding: 139 → 139 (0)
4% less capital invested
Capital invested by funds: $473M → $456M (-$17.7M)
1.16% less ownership
Funds ownership: 41.89% → 40.73% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.49M |
| 2 |
Millennium Management
New York
|
+$5.26M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.78M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$2.09M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$22.2M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$5.44M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.91M |
| 4 |
MC
Muzinich & Co
New York
|
-$2.23M |
| 5 |
JC
JBF Capital
Aspen,
Colorado
|
-$1.54M |
GBDC Hedge Fund Activity: Q3 2017 in Review
139 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2017, worth a combined $456M — down 3.7% from $473M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GBDC positions and 14 closed out — a net gain of 3 holders — while 52 added to existing stakes and 43 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $5.49M. The largest seller was Bank of New York Mellon, cutting an estimated $22.2M.
- 139 institutional investors held Golub Capital BDC (GBDC) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $456M of Golub Capital BDC stock for Q3 2017, down 3.7% quarter-over-quarter.
- 17 funds opened new Golub Capital BDC positions in Q3 2017 and 14 closed out, a net change of +3 holders.
- The largest Golub Capital BDC buyer in Q3 2017 was Arrowstreet Capital, an estimated $5.49M added.
- The largest Golub Capital BDC seller in Q3 2017 was Bank of New York Mellon, an estimated $22.2M sold.
Based on aggregated 13F filings for Q3 2017.