Golub Capital BDC
GBDC
240 hedge funds and large institutions have $1.14B invested in Golub Capital BDC in 2022 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 82 increasing their positions, 67 reducing their positions, and 22 closing their positions.
68% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 22
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
22% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 67
6% more funds holding
Funds holding: 227 → 240 (+13)
0.33% less ownership
Funds ownership: 44.71% → 44.37% (-0.33%)
2% less capital invested
Capital invested by funds: $1.17B → $1.14B (-$28M)
34% less call options, than puts
Call options by funds: $385K | Put options by funds: $582K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$17.2M |
| 2 |
BTCPP
Border to Coast Pensions Partnership
Leeds,
United Kingdom
|
+$10.5M |
| 3 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
+$9.96M |
| 4 |
CG
Colony Group
Boston,
Massachusetts
|
+$8.85M |
| 5 |
VanEck Associates
New York
|
+$7.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$25.2M |
| 2 |
SO
STRS Ohio
Columbus,
Ohio
|
-$19.3M |
| 3 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
-$9.66M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$7.22M |
| 5 |
BlackRock
New York
|
-$5.99M |
GBDC Hedge Fund Activity: Q1 2022 in Review
240 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q1 2022, worth a combined $1.14B — down 2.4% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new GBDC positions and 22 closed out — a net gain of 15 holders — while 82 added to existing stakes and 67 trimmed.
The largest buyer was Cerity Partners, adding an estimated $17.2M. The largest seller was HighTower Advisors, cutting an estimated $25.2M.
- 240 institutional investors held Golub Capital BDC (GBDC) as of Q1 2022, up from 227 in Q4 2021.
- Funds reported $1.14B of Golub Capital BDC stock for Q1 2022, down 2.4% quarter-over-quarter.
- 37 funds opened new Golub Capital BDC positions in Q1 2022 and 22 closed out, a net change of +15 holders.
- The largest Golub Capital BDC buyer in Q1 2022 was Cerity Partners, an estimated $17.2M added.
- The largest Golub Capital BDC seller in Q1 2022 was HighTower Advisors, an estimated $25.2M sold.
Based on aggregated 13F filings for Q1 2022.