Goldman Sachs BDC
GSBD
68 hedge funds and large institutions have $304M invested in Goldman Sachs BDC in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 11 reducing their positions, and 8 closing their positions.
209% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 11
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
14% more capital invested
Capital invested by funds: $267M → $304M (+$36.6M)
5% more funds holding
Funds holding: 65 → 68 (+3)
1.73% more ownership
Funds ownership: 33.76% → 35.49% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$6.14M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
+$2.41M |
| 3 |
ACM
Azimuth Capital Management
Bloomfield Hills,
Michigan
|
+$2.36M |
| 4 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$2.34M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$4.42M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$3.04M |
| 3 |
WFI
West Family Investments
Carlsbad,
California
|
-$2.34M |
| 4 |
SP
Steelhead Partners
Seattle,
Washington
|
-$670K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$429K |
GSBD Hedge Fund Activity: Q4 2016 in Review
68 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs BDC (GSBD) for Q4 2016, worth a combined $304M — up 14% from $267M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GSBD positions and 8 closed out — a net gain of 3 holders — while 34 added to existing stakes and 11 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $6.14M. The largest seller was Ares Management, exiting entirely with an estimated $4.42M sold.
- 68 institutional investors held Goldman Sachs BDC (GSBD) as of Q4 2016, up from 65 in Q3 2016.
- Funds reported $304M of Goldman Sachs BDC stock for Q4 2016, up 14% quarter-over-quarter.
- 11 funds opened new Goldman Sachs BDC positions in Q4 2016 and 8 closed out, a net change of +3 holders.
- The largest Goldman Sachs BDC buyer in Q4 2016 was Muzinich & Co, an estimated $6.14M added.
- The largest Goldman Sachs BDC seller in Q4 2016 was Ares Management, an estimated $4.42M sold.
Based on aggregated 13F filings for Q4 2016.