Goldman Sachs BDC
GSBD
212 hedge funds and large institutions have $408M invested in Goldman Sachs BDC in 2025 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 86 increasing their positions, 51 reducing their positions, and 33 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 51
0.42% more ownership
Funds ownership: 31.75% → 32.17% (+0.42%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 224 → 212 (-12)
13% less capital invested
Capital invested by funds: $471M → $408M (-$63.1M)
24% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 33
33% less call options, than puts
Call options by funds: $151K | Put options by funds: $227K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.31M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$3.13M |
| 3 |
MC
Muzinich & Co
New York
|
+$2.94M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$2.9M |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.8M |
| 2 |
Morgan Stanley
New York
|
-$3.82M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$3.3M |
| 4 |
RRA
Round Rock Advisors
Wilton,
Connecticut
|
-$2.33M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.14M |
GSBD Hedge Fund Activity: Q3 2025 in Review
212 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs BDC (GSBD) for Q3 2025, worth a combined $408M — down 13% from $471M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of GSBD and 25 opened new positions — a net loss of 8 holders — while 51 trimmed existing stakes and 86 added.
The largest buyer was UBS Group, adding an estimated $3.31M. The largest seller was Balyasny Asset Management, cutting an estimated $11.8M.
- 212 institutional investors held Goldman Sachs BDC (GSBD) as of Q3 2025, down from 224 in Q2 2025.
- Funds reported $408M of Goldman Sachs BDC stock for Q3 2025, down 13% quarter-over-quarter.
- 25 funds opened new Goldman Sachs BDC positions in Q3 2025 and 33 closed out, a net change of -8 holders.
- The largest Goldman Sachs BDC buyer in Q3 2025 was UBS Group, an estimated $3.31M added.
- The largest Goldman Sachs BDC seller in Q3 2025 was Balyasny Asset Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q3 2025.