Golub Capital BDC
GBDC
317 hedge funds and large institutions have $1.59B invested in Golub Capital BDC in 2026 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 126 increasing their positions, 105 reducing their positions, and 53 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 105
5% more capital invested
Capital invested by funds: $1.51B → $1.59B (+$83M)
1.79% more ownership
Funds ownership: 44.92% → 46.71% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
8% less funds holding
Funds holding: 346 → 317 (-29)
14% less call options, than puts
Call options by funds: $2.5M | Put options by funds: $2.92M
43% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
+$16.8M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$12.1M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$6.58M |
| 4 |
CI
CAZ Investments
Houston,
Texas
|
+$6.34M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$6.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$8.4M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
-$7.57M |
| 3 |
CC
CF Capital
Cohasset,
Massachusetts
|
-$6.06M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$5.68M |
| 5 |
BTCPP
Border to Coast Pensions Partnership
Leeds,
United Kingdom
|
-$4.23M |
GBDC Hedge Fund Activity: Q2 2026 in Review
317 of the 8,295 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2026, worth a combined $1.59B — up 5.5% from $1.51B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of GBDC and 30 opened new positions — a net loss of 23 holders — while 105 trimmed existing stakes and 126 added.
The largest buyer was Ensign Peak Advisors, opening a new position worth an estimated $16.8M. The largest seller was Boston Partners, exiting entirely with an estimated $8.4M sold.
- 317 institutional investors held Golub Capital BDC (GBDC) as of Q2 2026, down from 346 in Q1 2026.
- Funds reported $1.59B of Golub Capital BDC stock for Q2 2026, up 5.5% quarter-over-quarter.
- 30 funds opened new Golub Capital BDC positions in Q2 2026 and 53 closed out, a net change of -23 holders.
- The largest Golub Capital BDC buyer in Q2 2026 was Ensign Peak Advisors, an estimated $16.8M added.
- The largest Golub Capital BDC seller in Q2 2026 was Boston Partners, an estimated $8.4M sold.
Based on aggregated 13F filings for Q2 2026.