Goldman Sachs BDC
GSBD
47 hedge funds and large institutions have $193M invested in Goldman Sachs BDC in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
14% more capital invested
Capital invested by funds: $170M → $193M (+$23.3M)
12% more funds holding
Funds holding: 42 → 47 (+5)
2.56% more ownership
Funds ownership: 25.48% → 28.04% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$8.3M |
| 2 |
Goldman Sachs
New York
|
+$3.53M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$2.67M |
| 4 |
Morgan Stanley
New York
|
+$2.45M |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NEAM
New England Asset Management
Farmington,
Connecticut
|
-$3.12M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$1.68M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$890K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$821K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$533K |
GSBD Hedge Fund Activity: Q4 2015 in Review
47 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs BDC (GSBD) for Q4 2015, worth a combined $193M — up 14% from $170M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GSBD positions and 10 closed out — a net gain of 5 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Yorktown Management & Research Company, opening a new position worth an estimated $8.3M. The largest seller was New England Asset Management, cutting an estimated $3.12M.
- 47 institutional investors held Goldman Sachs BDC (GSBD) as of Q4 2015, up from 42 in Q3 2015.
- Funds reported $193M of Goldman Sachs BDC stock for Q4 2015, up 14% quarter-over-quarter.
- 15 funds opened new Goldman Sachs BDC positions in Q4 2015 and 10 closed out, a net change of +5 holders.
- The largest Goldman Sachs BDC buyer in Q4 2015 was Yorktown Management & Research Company, an estimated $8.3M added.
- The largest Goldman Sachs BDC seller in Q4 2015 was New England Asset Management, an estimated $3.12M sold.
Based on aggregated 13F filings for Q4 2015.