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Golub Capital BDC

204 hedge funds and large institutions have $1.18B invested in Golub Capital BDC in 2021 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 76 increasing their positions, 60 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 20

27% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 60

10% more capital invested

Capital invested by funds: $1.08B → $1.18B (+$107M)

2.7% more ownership

Funds ownership: 41.34%44.03% (+2.7%)

3% more funds holding

Funds holding: 199204 (+5)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

62% less call options, than puts

Call options by funds: $510K | Put options by funds: $1.34M

Holders
204
Holders Change
+5
Holders Change %
+2.51%
% of All Funds
3.57%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.19%
New
27
Increased
76
Reduced
60
Closed
20
Calls
$510K
Puts
$1.34M
Net Calls
-$833K
Net Calls Change
+$50K
Name Holding Trade Value Shares
Change
Change in
Stake
SO
1
STRS Ohio
Ohio
$341M -$853K -54,306 -0.3%
OAC
2
OMERS Administration Corp
Ontario, Canada
$50.7M +$50.3M +3,203,809 New
LC
3
Lindbrook Capital
California
$41.6M +$140K +8,905 +0.3%
JP Morgan Chase
4
JP Morgan Chase
New York
$36.1M -$16.3K -1,036 -0%
HighTower Advisors
5
HighTower Advisors
Illinois
$35.5M +$2.6M +165,777 +8%
SFBLI
6
Southern Farm Bureau Life Insurance
Mississippi
$35.1M -$3.67M -233,800 -10%
AM
7
Ares Management
California
$28.8M +$2.75M +174,806 +11%
FWIA
8
Fort Washington Investment Advisors
Ohio
$27.5M
SIS
9
Sound Income Strategies
Florida
$25.7M +$131K +8,316 +0.5%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$23.4M -$107K -6,800 -0.5%
VanEck Associates
11
VanEck Associates
New York
$22.8M +$1.58M +100,874 +8%
Baillie Gifford & Co
12
Baillie Gifford & Co
United Kingdom
$22.3M +$22.2M +1,412,330 New
SMA
13
Sage Mountain Advisors
Georgia
$21.8M +$1.58M +100,502 +8%
AL
14
Arnhold LLC
New York
$21.4M +$37.9K +2,413 +0.2%
BlackRock
15
BlackRock
New York
$19.9M +$3.92M +249,762 +25%
Morgan Stanley
16
Morgan Stanley
New York
$19.2M -$284K -18,063 -1%
Jane Street
17
Jane Street
New York
$18.3M +$18.2M +1,155,808 New
Cerity Partners
18
Cerity Partners
New York
$17.2M -$1.35M -85,920 -7%
Wells Fargo
19
Wells Fargo
California
$16.6M +$421K +26,769 +3%
Legal & General Group
20
Legal & General Group
United Kingdom
$15.9M -$1.11M -70,649 -7%
RC
21
RegentAtlantic Capital
New Jersey
$15.6M -$5.02M -319,687 -24%
C
22
Cliffwater
California
$15.5M +$264K +16,774 +2%
Bank of America
23
Bank of America
North Carolina
$15.5M +$474K +30,203 +3%
DC
24
Derby & Company
Massachusetts
$14.9M +$67.6K +4,303 +0.5%
Two Sigma Investments
25
Two Sigma Investments
New York
$12.9M +$604K +38,438 +5%

GBDC Hedge Fund Activity: Q3 2021 in Review

204 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2021, worth a combined $1.18B — up 9.9% from $1.08B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new GBDC positions and 20 closed out — a net gain of 7 holders — while 76 added to existing stakes and 60 trimmed.

The largest buyer was OMERS Administration Corp, opening a new position worth an estimated $50.3M. The largest seller was RegentAtlantic Capital, cutting an estimated $5.02M.

  • 204 institutional investors held Golub Capital BDC (GBDC) as of Q3 2021, up from 199 in Q2 2021.
  • Funds reported $1.18B of Golub Capital BDC stock for Q3 2021, up 9.9% quarter-over-quarter.
  • 27 funds opened new Golub Capital BDC positions in Q3 2021 and 20 closed out, a net change of +7 holders.
  • The largest Golub Capital BDC buyer in Q3 2021 was OMERS Administration Corp, an estimated $50.3M added.
  • The largest Golub Capital BDC seller in Q3 2021 was RegentAtlantic Capital, an estimated $5.02M sold.

Based on aggregated 13F filings for Q3 2021.