Goldman Sachs BDC
GSBD
227 hedge funds and large institutions have $410M invested in Goldman Sachs BDC in 2025 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 87 increasing their positions, 63 reducing their positions, and 31 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 63
1.75% more ownership
Funds ownership: 28.29% → 30.03% (+1.7%)
2% more capital invested
Capital invested by funds: $403M → $410M (+$6.86M)
4% less funds holding
Funds holding: 237 → 227 (-10)
23% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 31
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
90% less call options, than puts
Call options by funds: $402K | Put options by funds: $3.95M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Generali Asset Management
Trieste,
Italy
|
+$13.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$6.35M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
+$5.78M |
| 4 |
CC
CF Capital
Cohasset,
Massachusetts
|
+$2.89M |
| 5 |
BAMF
BI Asset Management Fondsmaeglerselskab
Kobenhavn,
Denmark
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$4.38M |
| 2 |
ACP
Arcus Capital Partners
Atlanta,
Georgia
|
-$4.14M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$3.91M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.72M |
| 5 |
SAM
Shikiar Asset Management
New York
|
-$2.08M |
GSBD Hedge Fund Activity: Q1 2025 in Review
227 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs BDC (GSBD) for Q1 2025, worth a combined $410M — up 1.7% from $403M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of GSBD and 24 opened new positions — a net loss of 7 holders — while 63 trimmed existing stakes and 87 added.
The largest buyer was Generali Asset Management, adding an estimated $13.7M. The largest seller was Advisors Capital Management, cutting an estimated $4.38M.
- 227 institutional investors held Goldman Sachs BDC (GSBD) as of Q1 2025, down from 237 in Q4 2024.
- Funds reported $410M of Goldman Sachs BDC stock for Q1 2025, up 1.7% quarter-over-quarter.
- 24 funds opened new Goldman Sachs BDC positions in Q1 2025 and 31 closed out, a net change of -7 holders.
- The largest Goldman Sachs BDC buyer in Q1 2025 was Generali Asset Management, an estimated $13.7M added.
- The largest Goldman Sachs BDC seller in Q1 2025 was Advisors Capital Management, an estimated $4.38M sold.
Based on aggregated 13F filings for Q1 2025.