Goldman Sachs BDC
GSBD
80 hedge funds and large institutions have $275M invested in Goldman Sachs BDC in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 29 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
7% more funds holding
Funds holding: 75 → 80 (+5)
0.14% less ownership
Funds ownership: 35.62% → 35.48% (-0.14%)
14% less capital invested
Capital invested by funds: $320M → $275M (-$45M)
17% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFG
CNO Financial Group
Carmel,
Indiana
|
+$8.48M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$2.11M |
| 3 |
Morgan Stanley
New York
|
+$989K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$960K |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$552K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$5.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.73M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.31M |
| 4 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$1.27M |
| 5 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$800K |
GSBD Hedge Fund Activity: Q1 2018 in Review
80 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs BDC (GSBD) for Q1 2018, worth a combined $275M — down 14% from $320M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GSBD positions and 6 closed out — a net gain of 5 holders — while 24 added to existing stakes and 29 trimmed.
The largest buyer was CNO Financial Group, opening a new position worth an estimated $8.48M. The largest seller was Muzinich & Co, cutting an estimated $5.5M.
- 80 institutional investors held Goldman Sachs BDC (GSBD) as of Q1 2018, up from 75 in Q4 2017.
- Funds reported $275M of Goldman Sachs BDC stock for Q1 2018, down 14% quarter-over-quarter.
- 11 funds opened new Goldman Sachs BDC positions in Q1 2018 and 6 closed out, a net change of +5 holders.
- The largest Goldman Sachs BDC buyer in Q1 2018 was CNO Financial Group, an estimated $8.48M added.
- The largest Goldman Sachs BDC seller in Q1 2018 was Muzinich & Co, an estimated $5.5M sold.
Based on aggregated 13F filings for Q1 2018.