Goldman Sachs BDC
GSBD
75 hedge funds and large institutions have $320M invested in Goldman Sachs BDC in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
9% more funds holding
Funds holding: 69 → 75 (+6)
0.89% less ownership
Funds ownership: 36.51% → 35.62% (-0.89%)
5% less capital invested
Capital invested by funds: $337M → $320M (-$17.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.91M |
| 2 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$1.27M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$1.21M |
| 4 |
SCM
Shelton Capital Management
Denver,
Colorado
|
+$750K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$699K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$5.72M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$2.96M |
| 3 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$2.86M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$2.4M |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$1.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
76
American Portfolios Advisors
Holbrook,
New York
| $1.11K | +$1.11K | +50 | New |
|
|
CCP
77
Clough Capital Partners
Boston,
Massachusetts
| – | -$1M | -43,800 | Closed |
|
|
DTL
78
Dynamic Technology Lab
Singapore
| – | -$961K | -42,115 | Closed |
|
79
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$298K | -13,039 | Closed |
|
|
VF
80
Virtu Financial
New York
| – | -$218K | -9,546 | Closed |
|
|
ACM
81
Advisors Capital Management
Ridgewood,
New Jersey
| – | -$202K | -8,839 | Closed |
|
82
UBS AM
Chicago,
Illinois
| – | -$44.1K | -1,932 | Closed |
|
83
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$18K | -800 | Closed |
|
|
PCM
84
Penserra Capital Management
Orinda,
California
| – | -$11K | -516 | Closed |
|
|
WIM
85
Westside Investment Management
Santa Monica,
California
| – | -$1.46K | -65 | Closed |
|
GSBD Hedge Fund Activity: Q4 2017 in Review
75 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs BDC (GSBD) for Q4 2017, worth a combined $320M — down 5.1% from $337M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GSBD positions and 9 closed out — a net gain of 6 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.91M. The largest seller was Muzinich & Co, cutting an estimated $5.72M.
- 75 institutional investors held Goldman Sachs BDC (GSBD) as of Q4 2017, up from 69 in Q3 2017.
- Funds reported $320M of Goldman Sachs BDC stock for Q4 2017, down 5.1% quarter-over-quarter.
- 15 funds opened new Goldman Sachs BDC positions in Q4 2017 and 9 closed out, a net change of +6 holders.
- The largest Goldman Sachs BDC buyer in Q4 2017 was Morgan Stanley, an estimated $2.91M added.
- The largest Goldman Sachs BDC seller in Q4 2017 was Muzinich & Co, an estimated $5.72M sold.
Based on aggregated 13F filings for Q4 2017.