Golub Capital BDC
GBDC
249 hedge funds and large institutions have $1.01B invested in Golub Capital BDC in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 97 increasing their positions, 67 reducing their positions, and 23 closing their positions.
70% more call options, than puts
Call options by funds: $904K | Put options by funds: $531K
45% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 67
39% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 23
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
7% more capital invested
Capital invested by funds: $944M → $1.01B (+$65M)
2% more funds holding
Funds holding: 243 → 249 (+6)
0.46% less ownership
Funds ownership: 41.03% → 40.57% (-0.46%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Allen Investment Management
New York
|
+$10.4M |
| 2 |
Goldman Sachs
New York
|
+$5.54M |
| 3 |
Millennium Management
New York
|
+$4.56M |
| 4 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$3.55M |
| 5 |
Two Sigma Investments
New York
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$24.9M |
| 2 |
SFBLI
Southern Farm Bureau Life Insurance
Jackson,
Mississippi
|
-$10.3M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
-$5.95M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$4.83M |
| 5 |
BlackRock
New York
|
-$3.21M |
GBDC Hedge Fund Activity: Q3 2023 in Review
249 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q3 2023, worth a combined $1.01B — up 6.9% from $944M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new GBDC positions and 23 closed out — a net gain of 9 holders — while 97 added to existing stakes and 67 trimmed.
The largest buyer was Allen Investment Management, adding an estimated $10.4M. The largest seller was Cerity Partners, cutting an estimated $24.9M.
- 249 institutional investors held Golub Capital BDC (GBDC) as of Q3 2023, up from 243 in Q2 2023.
- Funds reported $1.01B of Golub Capital BDC stock for Q3 2023, up 6.9% quarter-over-quarter.
- 32 funds opened new Golub Capital BDC positions in Q3 2023 and 23 closed out, a net change of +9 holders.
- The largest Golub Capital BDC buyer in Q3 2023 was Allen Investment Management, an estimated $10.4M added.
- The largest Golub Capital BDC seller in Q3 2023 was Cerity Partners, an estimated $24.9M sold.
Based on aggregated 13F filings for Q3 2023.