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Goldman Sachs BDC

66 hedge funds and large institutions have $337M invested in Goldman Sachs BDC in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 18

11% more capital invested

Capital invested by funds: $304M → $337M (+$33.2M)

2.05% more ownership

Funds ownership: 35.49%37.55% (+2.1%)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

3% less funds holding

Funds holding: 6866 (-2)

Holders
66
Holders Change
-2
Holders Change %
-2.94%
% of All Funds
1.64%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
31
Reduced
18
Closed
8
Calls
$357K
Puts
Net Calls
+$357K
Net Calls Change
-$69K
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$160M
MC
2
Muzinich & Co
New York
$32.2M +$9.14M +375,879 +40%
UBS Group
3
UBS Group
Switzerland
$19.8M +$3.55M +145,932 +22%
Morgan Stanley
4
Morgan Stanley
New York
$14M -$3.36M -138,350 -20%
GC
5
Guggenheim Capital
Illinois
$9.51M +$2.85M +117,352 +44%
AR
6
Advisory Research
Illinois
$8.77M +$3.82M +157,206 +79%
SMDAM
7
Sumitomo Mitsui DS Asset Management
Japan
$8.35M +$3.72M +153,075 +82%
BlackRock
8
BlackRock
New York
$7.35M +$7.25M +298,196 New
SWP
9
Stratos Wealth Partners
Ohio
$6.35M +$173K +7,110 +3%
FWIA
10
Fort Washington Investment Advisors
Ohio
$5.63M
VanEck Associates
11
VanEck Associates
New York
$5.62M +$1.25M +51,312 +29%
MCM
12
McKinley Capital Management
Alaska
$4.11M +$76.7K +3,152 +2%
Bank of America
13
Bank of America
North Carolina
$3.85M +$1.17M +47,997 +44%
CIBC World Market
14
CIBC World Market
Ontario, Canada
$3.44M +$787K +32,346 +30%
CIM
15
Confluence Investment Management
Missouri
$3.26M -$125K -5,144 -4%
ACM
16
Azimuth Capital Management
Michigan
$2.69M +$90.8K +3,735 +4%
TYCC
17
Texas Yale Capital Corp
Florida
$2.69M +$323K +13,275 +14%
Wells Fargo
18
Wells Fargo
California
$2.49M -$729K -29,977 -23%
LPL Financial
19
LPL Financial
California
$2.39M +$548K +22,548 +30%
HCM
20
Harvest Capital Management
New Hampshire
$2.29M -$102K -4,196 -4%
Legal & General Group
21
Legal & General Group
United Kingdom
$2.17M +$139K +5,700 +7%
ACA
22
Anchor Capital Advisors
Massachusetts
$1.96M +$43.4K +1,783 +2%
AAM
23
Advisors Asset Management
Colorado
$1.93M -$61K -2,508 -3%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$1.93M +$7.81K +321 +0.4%
HighTower Advisors
25
HighTower Advisors
Illinois
$1.74M +$468K +19,261 +37%

GSBD Hedge Fund Activity: Q1 2017 in Review

66 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs BDC (GSBD) for Q1 2017, worth a combined $337M — up 11% from $304M a quarter earlier.

Fund positioning in GSBD was balanced in Q1 2017: 8 funds opened new positions, 8 closed out, 31 added to existing stakes and 18 trimmed.

The largest buyer was Muzinich & Co, adding an estimated $9.14M. The largest seller was Yorktown Management & Research Company, cutting an estimated $4.13M.

  • 66 institutional investors held Goldman Sachs BDC (GSBD) as of Q1 2017, down from 68 in Q4 2016.
  • Funds reported $337M of Goldman Sachs BDC stock for Q1 2017, up 11% quarter-over-quarter.
  • 8 funds opened new Goldman Sachs BDC positions in Q1 2017 and 8 closed out, a net change of 0 holders.
  • The largest Goldman Sachs BDC buyer in Q1 2017 was Muzinich & Co, an estimated $9.14M added.
  • The largest Goldman Sachs BDC seller in Q1 2017 was Yorktown Management & Research Company, an estimated $4.13M sold.

Based on aggregated 13F filings for Q1 2017.