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Golub Capital BDC

199 hedge funds and large institutions have $1.08B invested in Golub Capital BDC in 2021 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 77 increasing their positions, 59 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 59

2% more capital invested

Capital invested by funds: $1.06B → $1.08B (+$16.5M)

0% more funds holding in top 10

Funds holding in top 10: 1212 (0)

1% less funds holding

Funds holding: 202199 (-3)

1.83% less ownership

Funds ownership: 43.16%41.34% (-1.8%)

11% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 27

97% less call options, than puts

Call options by funds: $23K | Put options by funds: $906K

Holders
199
Holders Change
-3
Holders Change %
-1.49%
% of All Funds
3.46%
Holding in Top 10
12
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.21%
New
24
Increased
77
Reduced
59
Closed
27
Calls
$23K
Puts
$906K
Net Calls
-$883K
Net Calls Change
-$1.19M
Name Holding Trade Value Shares
Change
Change in
Stake
SO
1
STRS Ohio
Ohio
$333M -$12.2M -784,714 -4%
LC
2
Lindbrook Capital
California
$40.4M -$232K -14,965 -0.6%
SFBLI
3
Southern Farm Bureau Life Insurance
Mississippi
$37.8M -$4.04M -260,579 -10%
JP Morgan Chase
4
JP Morgan Chase
New York
$35.2M -$15.8M -1,019,793 -31%
HighTower Advisors
5
HighTower Advisors
Illinois
$32M -$2.78M -179,348 -8%
FWIA
6
Fort Washington Investment Advisors
Ohio
$26.8M
AM
7
Ares Management
California
$25.4M -$271K -17,461 -1%
SIS
8
Sound Income Strategies
Florida
$24.9M -$734K -47,334 -3%
Arrowstreet Capital
9
Arrowstreet Capital
Massachusetts
$22.9M +$8.15M +525,303 +55%
AL
10
Arnhold LLC
New York
$20.8M +$1.22M +78,880 +6%
VanEck Associates
11
VanEck Associates
New York
$20.7M +$1.21M +78,132 +6%
RC
12
RegentAtlantic Capital
New Jersey
$20.1M -$375K -24,166 -2%
SMA
13
Sage Mountain Advisors
Georgia
$19.8M +$1.88M +120,859 +10%
Morgan Stanley
14
Morgan Stanley
New York
$19M -$779K -50,182 -4%
Cerity Partners
15
Cerity Partners
New York
$18.1M -$3.26M -209,803 -15%
Legal & General Group
16
Legal & General Group
United Kingdom
$16.5M -$1.49M -95,990 -8%
Wells Fargo
17
Wells Fargo
California
$15.8M +$503K +32,422 +3%
BlackRock
18
BlackRock
New York
$15.6M +$1.4M +90,365 +10%
C
19
Cliffwater
California
$14.9M -$6.82M -439,274 -31%
Bank of America
20
Bank of America
North Carolina
$14.6M +$8.78M +565,677 +147%
DC
21
Derby & Company
Massachusetts
$14.5M -$158K -10,153 -1%
Sumitomo Mitsui Trust Group
22
Sumitomo Mitsui Trust Group
Japan
$12.4M +$661K +42,581 +6%
MC
23
Muzinich & Co
New York
$12.3M +$661K +42,581 +6%
Two Sigma Investments
24
Two Sigma Investments
New York
$12M +$7.15M +460,767 +146%
RFA
25
Radnor Financial Advisors
Pennsylvania
$11.7M -$51.6K -3,327 -0.4%

GBDC Hedge Fund Activity: Q2 2021 in Review

199 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2021, worth a combined $1.08B — up 1.6% from $1.06B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of GBDC and 24 opened new positions — a net loss of 3 holders — while 59 trimmed existing stakes and 77 added.

The largest buyer was Two Sigma Advisers, opening a new position worth an estimated $11.6M. The largest seller was OMERS Administration Corp, exiting entirely with an estimated $45.9M sold.

  • 199 institutional investors held Golub Capital BDC (GBDC) as of Q2 2021, down from 202 in Q1 2021.
  • Funds reported $1.08B of Golub Capital BDC stock for Q2 2021, up 1.6% quarter-over-quarter.
  • 24 funds opened new Golub Capital BDC positions in Q2 2021 and 27 closed out, a net change of -3 holders.
  • The largest Golub Capital BDC buyer in Q2 2021 was Two Sigma Advisers, an estimated $11.6M added.
  • The largest Golub Capital BDC seller in Q2 2021 was OMERS Administration Corp, an estimated $45.9M sold.

Based on aggregated 13F filings for Q2 2021.