Golub Capital BDC
GBDC
200 hedge funds and large institutions have $1.13B invested in Golub Capital BDC in 2021 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 78 increasing their positions, 59 reducing their positions, and 26 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 59
6% more capital invested
Capital invested by funds: $1.06B → $1.13B (+$66.8M)
0.08% more ownership
Funds ownership: 43.16% → 43.24% (+0.08%)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
1% less funds holding
Funds holding: 202 → 200 (-2)
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
97% less call options, than puts
Call options by funds: $23K | Put options by funds: $906K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
+$11.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$8.78M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.15M |
| 4 |
Two Sigma Investments
New York
|
+$7.15M |
| 5 |
D.E. Shaw & Co
New York
|
+$4.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$15.8M |
| 2 |
SO
STRS Ohio
Columbus,
Ohio
|
-$12.2M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$12.1M |
| 4 |
C
Cliffwater
Marina Del Rey,
California
|
-$6.82M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$4.41M |
GBDC Hedge Fund Activity: Q2 2021 in Review
200 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2021, worth a combined $1.13B — up 6.3% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of GBDC and 24 opened new positions — a net loss of 2 holders — while 59 trimmed existing stakes and 78 added.
The largest buyer was Two Sigma Advisers, opening a new position worth an estimated $11.6M. The largest seller was JP Morgan Chase, cutting an estimated $15.8M.
- 200 institutional investors held Golub Capital BDC (GBDC) as of Q2 2021, down from 202 in Q1 2021.
- Funds reported $1.13B of Golub Capital BDC stock for Q2 2021, up 6.3% quarter-over-quarter.
- 24 funds opened new Golub Capital BDC positions in Q2 2021 and 26 closed out, a net change of -2 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 JP Morgan Chase, an estimated $15.8M sold.
Based on aggregated 13F filings for Q2 2021.