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Goldman Sachs BDC

83 hedge funds and large institutions have $317M invested in Goldman Sachs BDC in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more capital invested

Capital invested by funds: $285M → $317M (+$31.5M)

4% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 28

0.86% more ownership

Funds ownership: 34.35%35.21% (+0.86%)

2% less funds holding

Funds holding: 8583 (-2)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
83
Holders Change
-2
Holders Change %
-2.35%
% of All Funds
1.9%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
29
Reduced
28
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$144M
Morgan Stanley
2
Morgan Stanley
New York
$18.7M -$809K -36,934 -4%
MC
3
Muzinich & Co
New York
$12.9M -$2.41M -109,846 -16%
UBS Group
4
UBS Group
Switzerland
$11.2M +$2.76M +126,169 +33%
CIBC World Market
5
CIBC World Market
Ontario, Canada
$9.73M +$297K +13,574 +3%
CFG
6
CNO Financial Group
Indiana
$7.95M
GC
7
Guggenheim Capital
Illinois
$6.65M -$447K -20,395 -6%
FWIA
8
Fort Washington Investment Advisors
Ohio
$6.37M -$476K -21,745 -7%
VanEck Associates
9
VanEck Associates
New York
$6.19M +$560K +25,575 +10%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$6.1M -$2.63M -120,000 -30%
PGH
11
Partners Group Holding
Switzerland
$5.28M +$3.39M +154,555 +185%
CS
12
Credit Suisse
Switzerland
$5.28M +$4.3M +196,492 +473%
BlackRock
13
BlackRock
New York
$4.28M +$302K +13,762 +8%
MCM
14
McKinley Capital Management
Alaska
$3.98M +$16.5K +751 +0.4%
CIM
15
Confluence Investment Management
Missouri
$3.81M
PAG
16
Private Advisor Group
New Jersey
$3.68M +$1.82M +82,999 +100%
Legal & General Group
17
Legal & General Group
United Kingdom
$3.63M +$76.9K +3,511 +2%
HCM
18
Harvest Capital Management
New Hampshire
$3.52M +$43.5K +1,985 +1%
SWP
19
Stratos Wealth Partners
Ohio
$3.43M -$93.4K -4,261 -3%
ACM
20
Azimuth Capital Management
Michigan
$3.38M -$349K -15,945 -9%
TYCC
21
Texas Yale Capital Corp
Florida
$3.04M +$208K +9,487 +7%
C
22
Cliffwater
California
$3M +$1.18M +53,845 +66%
BC
23
Barnett & Company
Tennessee
$2.95M
Invesco
24
Invesco
Georgia
$2.61M -$50.1K -2,288 -2%
RJA
25
Raymond James & Associates
Florida
$2.28M +$998K +45,551 +80%

GSBD Hedge Fund Activity: Q3 2018 in Review

83 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs BDC (GSBD) for Q3 2018, worth a combined $317M — up 11% from $285M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of GSBD and 6 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 29 added.

The largest buyer was Credit Suisse, adding an estimated $4.3M. The largest seller was Bank of Montreal, cutting an estimated $2.63M.

  • 83 institutional investors held Goldman Sachs BDC (GSBD) as of Q3 2018, down from 85 in Q2 2018.
  • Funds reported $317M of Goldman Sachs BDC stock for Q3 2018, up 11% quarter-over-quarter.
  • 6 funds opened new Goldman Sachs BDC positions in Q3 2018 and 7 closed out, a net change of -1 holder.
  • The largest Goldman Sachs BDC buyer in Q3 2018 was Credit Suisse, an estimated $4.3M added.
  • The largest Goldman Sachs BDC seller in Q3 2018 was Bank of Montreal, an estimated $2.63M sold.

Based on aggregated 13F filings for Q3 2018.