Goldman Sachs BDC
GSBD
200 hedge funds and large institutions have $381M invested in Goldman Sachs BDC in 2026 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 52 increasing their positions, 72 reducing their positions, and 43 closing their positions.
3,378% more call options, than puts
Call options by funds: $9.29M | Put options by funds: $267K
4.29% more ownership
Funds ownership: 33.77% → 38.06% (+4.3%)
0% less capital invested
Capital invested by funds: $382M → $381M (-$1.02M)
5% less funds holding
Funds holding: 211 → 200 (-11)
19% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 43
28% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 72
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$46.2M |
| 2 |
Morgan Stanley
New York
|
+$15.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$8.5M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
+$7M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$3.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$5.58M |
| 2 |
BlackRock
New York
|
-$3.71M |
| 3 |
Jane Street
New York
|
-$3.56M |
| 4 |
CEFA
Closed-End Fund Advisors
Richmond,
Virginia
|
-$3.45M |
| 5 |
SRC
Sage Rhino Capital
Menlo Park,
California
|
-$3.38M |
GSBD Hedge Fund Activity: Q1 2026 in Review
200 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs BDC (GSBD) for Q1 2026, worth a combined $381M — down 0.27% from $382M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of GSBD and 35 opened new positions — a net loss of 8 holders — while 72 trimmed existing stakes and 52 added.
The largest buyer was Private Management Group, opening a new position worth an estimated $46.2M. The largest seller was VanEck Associates, cutting an estimated $5.58M.
- 200 institutional investors held Goldman Sachs BDC (GSBD) as of Q1 2026, down from 211 in Q4 2025.
- Funds reported $381M of Goldman Sachs BDC stock for Q1 2026, down 0.27% quarter-over-quarter.
- 35 funds opened new Goldman Sachs BDC positions in Q1 2026 and 43 closed out, a net change of -8 holders.
- The largest Goldman Sachs BDC buyer in Q1 2026 was Private Management Group, an estimated $46.2M added.
- The largest Goldman Sachs BDC seller in Q1 2026 was VanEck Associates, an estimated $5.58M sold.
Based on aggregated 13F filings for Q1 2026.