Golub Capital BDC
GBDC
260 hedge funds and large institutions have $1.06B invested in Golub Capital BDC in 2023 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 97 increasing their positions, 78 reducing their positions, and 25 closing their positions.
268% more call options, than puts
Call options by funds: $1.29M | Put options by funds: $352K
60% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 25
24% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 78
4% more funds holding
Funds holding: 249 → 260 (+11)
5% more capital invested
Capital invested by funds: $1.01B → $1.06B (+$48.9M)
0.73% more ownership
Funds ownership: 40.57% → 41.29% (+0.73%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$25.1M |
| 2 |
Morgan Stanley
New York
|
+$20.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.9M |
| 4 |
Citigroup
New York
|
+$4.87M |
| 5 |
AIM
Allen Investment Management
New York
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SO
STRS Ohio
Columbus,
Ohio
|
-$27.2M |
| 2 |
Millennium Management
New York
|
-$5.11M |
| 3 |
NCM
Next Capital Management
New York
|
-$5.06M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$4.73M |
| 5 |
LC
Lindbrook Capital
Calabasas,
California
|
-$4.44M |
GBDC Hedge Fund Activity: Q4 2023 in Review
260 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q4 2023, worth a combined $1.06B — up 4.8% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new GBDC positions and 25 closed out — a net gain of 15 holders — while 97 added to existing stakes and 78 trimmed.
The largest buyer was Cerity Partners, adding an estimated $25.1M. The largest seller was STRS Ohio, cutting an estimated $27.2M.
- 260 institutional investors held Golub Capital BDC (GBDC) as of Q4 2023, up from 249 in Q3 2023.
- Funds reported $1.06B of Golub Capital BDC stock for Q4 2023, up 4.8% quarter-over-quarter.
- 40 funds opened new Golub Capital BDC positions in Q4 2023 and 25 closed out, a net change of +15 holders.
- The largest Golub Capital BDC buyer in Q4 2023 was Cerity Partners, an estimated $25.1M added.
- The largest Golub Capital BDC seller in Q4 2023 was STRS Ohio, an estimated $27.2M sold.
Based on aggregated 13F filings for Q4 2023.