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Golub Capital BDC

230 hedge funds and large institutions have $907M invested in Golub Capital BDC in 2022 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 92 increasing their positions, 63 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

543% more call options, than puts

Call options by funds: $2.53M | Put options by funds: $393K

46% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 63

27% more funds holding in top 10

Funds holding in top 10: 1114 (+3)

0.23% more ownership

Funds ownership: 42.74%42.97% (+0.23%)

4% less capital invested

Capital invested by funds: $941M → $907M (-$34.4M)

5% less funds holding

Funds holding: 241230 (-11)

19% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 37

Holders
230
Holders Change
-11
Holders Change %
-4.56%
% of All Funds
3.96%
Holding in Top 10
14
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+27.27%
% of All Funds
0.24%
New
30
Increased
92
Reduced
63
Closed
37
Calls
$2.53M
Puts
$393K
Net Calls
+$2.13M
Net Calls Change
+$1.99M
Name Holding Trade Value Shares
Change
Change in
Stake
SO
1
STRS Ohio
Ohio
$165M -$6.98M -513,054 -4%
LC
2
Lindbrook Capital
California
$58.2M +$3.49M +256,477 +6%
OAC
3
OMERS Administration Corp
Ontario, Canada
$43M
RCM
4
Rivernorth Capital Management
Florida
$37.6M +$4.97M +365,292 +14%
JP Morgan Chase
5
JP Morgan Chase
New York
$35.8M +$3.3M +242,156 +9%
Cerity Partners
6
Cerity Partners
New York
$28.5M +$378K +27,762 +1%
AM
7
Ares Management
California
$27.1M -$1.22M -90,000 -4%
Bank of America
8
Bank of America
North Carolina
$25M +$6.56M +481,917 +31%
SIS
9
Sound Income Strategies
Florida
$24.5M +$1.85M +136,038 +7%
SFBLI
10
Southern Farm Bureau Life Insurance
Mississippi
$24.2M
VanEck Associates
11
VanEck Associates
New York
$21.7M -$2.49M -182,945 -9%
FWIA
12
Fort Washington Investment Advisors
Ohio
$21.6M
AL
13
Arnhold LLC
New York
$18.7M
Morgan Stanley
14
Morgan Stanley
New York
$16.1M -$2.4M -176,593 -12%
SMA
15
Sage Mountain Advisors
Georgia
$15.6M +$2.29M +168,497 +15%
C
16
Cliffwater
California
$15M +$1.33M +97,783 +9%
BlackRock
17
BlackRock
New York
$14.6M +$1.03M +75,354 +7%
Legal & General Group
18
Legal & General Group
United Kingdom
$13.4M +$920K +67,563 +7%
BTCPP
19
Border to Coast Pensions Partnership
United Kingdom
$13.3M
Wells Fargo
20
Wells Fargo
California
$11.9M -$1.52M -112,037 -10%
UCIG
21
Ulrich Consultants & Investment Group
New Mexico
$9.45M +$122K +8,980 +1%
PGH
22
Partners Group Holding
Switzerland
$7.77M -$171K -12,529 -2%
HCC
23
Hirtle Callaghan & Co
Pennsylvania
$7.61M +$1.08M +79,075 +15%
MC
24
Muzinich & Co
New York
$7.58M -$612K -44,961 -7%
Sumitomo Mitsui Trust Group
25
Sumitomo Mitsui Trust Group
Japan
$7.58M -$612K -44,961 -7%

GBDC Hedge Fund Activity: Q3 2022 in Review

230 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2022, worth a combined $907M — down 3.7% from $941M a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of GBDC and 30 opened new positions — a net loss of 7 holders — while 63 trimmed existing stakes and 92 added.

The largest buyer was Bank of America, adding an estimated $6.56M. The largest seller was STRS Ohio, cutting an estimated $6.98M.

  • 230 institutional investors held Golub Capital BDC (GBDC) as of Q3 2022, down from 241 in Q2 2022.
  • Funds reported $907M of Golub Capital BDC stock for Q3 2022, down 3.7% quarter-over-quarter.
  • 30 funds opened new Golub Capital BDC positions in Q3 2022 and 37 closed out, a net change of -7 holders.
  • The largest Golub Capital BDC buyer in Q3 2022 was Bank of America, an estimated $6.56M added.
  • The largest Golub Capital BDC seller in Q3 2022 was STRS Ohio, an estimated $6.98M sold.

Based on aggregated 13F filings for Q3 2022.