Golub Capital BDC
GBDC
156 hedge funds and large institutions have $414M invested in Golub Capital BDC in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 61 increasing their positions, 42 reducing their positions, and 10 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 42
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
1% more funds holding
Funds holding: 154 → 156 (+2)
3% more capital invested
Capital invested by funds: $402M → $414M (+$12.6M)
0.23% less ownership
Funds ownership: 37.83% → 37.6% (-0.23%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.74M |
| 2 |
BFO
Biltmore Family Office
Charlotte,
North Carolina
|
+$4.2M |
| 3 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$3.35M |
| 4 |
C
Cliffwater
Marina Del Rey,
California
|
+$3.14M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$9.61M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$4.34M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.76M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.12M |
| 5 |
MC
Muzinich & Co
New York
|
-$2.71M |
GBDC Hedge Fund Activity: Q3 2018 in Review
156 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2018, worth a combined $414M — up 3.1% from $402M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GBDC positions and 10 closed out — a net gain of 3 holders — while 61 added to existing stakes and 42 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $4.74M. The largest seller was Goldman Sachs, exiting entirely with an estimated $9.61M sold.
- 156 institutional investors held Golub Capital BDC (GBDC) as of Q3 2018, up from 154 in Q2 2018.
- Funds reported $414M of Golub Capital BDC stock for Q3 2018, up 3.1% quarter-over-quarter.
- 13 funds opened new Golub Capital BDC positions in Q3 2018 and 10 closed out, a net change of +3 holders.
- The largest Golub Capital BDC buyer in Q3 2018 was Arrowstreet Capital, an estimated $4.74M added.
- The largest Golub Capital BDC seller in Q3 2018 was Goldman Sachs, an estimated $9.61M sold.
Based on aggregated 13F filings for Q3 2018.