We are live on ! Find out more
KBDC

Kayne Anderson BDC
KBDC

70 hedge funds and large institutions have $382M invested in Kayne Anderson BDC in 2025 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 42 increasing their positions, 6 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 6

276% more capital invested

Capital invested by funds: $101M → $382M (+$280M)

200% more funds holding in top 10

Funds holding in top 10: 1 → 3 (+2)

73% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 11

26.45% more ownership

Funds ownership: 8.77% → 35.23% (+26%)

13% more funds holding

Funds holding: 62 → 70 (+8)

Holders
70
Holders Change
+8
Holders Change %
+12.9%
% of All Funds
0.92%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
19
Increased
42
Reduced
6
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KI
Koch Inc
Kansas
+$192M
2
Bank of America
Bank of America
North Carolina
+$46.7M
3
MFG
Merit Financial Group
Georgia
+$27.4M
4
RCM
Requisite Capital Management
Texas
+$7.53M
5
SMA
Sage Mountain Advisors
Georgia
+$6.15M

Top Sellers

Rank Fund Capital Flow
1
STA
Summit Trail Advisors
New York
-$1.77M
2
Renaissance Technologies
Renaissance Technologies
New York
-$1.47M
3
Corient Private Wealth
Corient Private Wealth
Florida
-$994K
4
CIM
Confluence Investment Management
Missouri
-$861K
5
Northern Trust
Northern Trust
Illinois
-$523K
Name Holding Trade Value Shares
Change 		Change in
Stake
CIM
26
Confluence Investment Management
Missouri
$856K -$861K -54,535 -49%
Invesco
27
Invesco
Georgia
$688K +$93.4K +5,916 +15%
Goldman Sachs
28
Goldman Sachs
New York
$670K +$215K +13,630 +45%
MFG
29
Magnus Financial Group
New York
$624K +$25.3K +1,600 +4%
AI
30
Accredited Investors
Minnesota
$622K +$350K +22,178 +119%
AWM
31
Apollon Wealth Management
South Carolina
$555K +$98.2K +6,218 +21%
Brown Advisory
32
Brown Advisory
Maryland
$548K -$16 -1 -0%
Citadel Advisors
33
Citadel Advisors
Florida
$524K +$212K +13,439 +64%
BW
34
BIP Wealth
Georgia
$464K +$160K +10,142 +50%
ZIG
35
Zuckerman Investment Group
Illinois
$458K +$158K +10,000 +50%
PC
36
Promus Capital
Illinois
$380K +$196K +12,441 +100%
Truist Financial
37
Truist Financial
North Carolina
$372K +$385K +24,400 New
Commonwealth Equity Services
38
Commonwealth Equity Services
Massachusetts
$340K +$121K +7,663 +53%
Jane Street
39
Jane Street
New York
$337K +$348K +22,062 New
SFG
40
SNS Financial Group
Minnesota
$331K +$111K +7,042 +50%
IWP
41
Insight Wealth Partners
Texas
$329K – – –
NA
42
NewEdge Advisors
Louisiana
$321K +$111K +7,023 +50%
JP Morgan Chase
43
JP Morgan Chase
New York
$295K +$227K +14,406 +294%
WFMPM
44
Woodley Farra Manion Portfolio Management
Indiana
$289K +$97.1K +6,149 +50%
MG
45
Marex Group
$285K +$295K +18,700 New
GIC
46
Generali Investments CEE
Czech Republic
$277K +$15.1K +954 +6%
TH
47
TCTC Holdings
Texas
$273K +$282K +17,884 New
HighTower Advisors
48
HighTower Advisors
Illinois
$271K +$18.5K +1,174 +7%
SIA
49
SGL Investment Advisors
Montana
$248K +$83.2K +5,267 +50%
EW
50
Evoke Wealth
California
$238K +$240K +15,181 New
1
2
3 4

KBDC Hedge Fund Activity: Q2 2025 in Review

70 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Kayne Anderson BDC (KBDC) for Q2 2025, worth a combined $382M — up 276% from $101M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new KBDC positions and 11 closed out — a net gain of 8 holders — while 42 added to existing stakes and 6 trimmed.

The largest buyer was Koch Inc, opening a new position worth an estimated $192M. The largest seller was Summit Trail Advisors, exiting entirely with an estimated $1.77M sold.

  • 70 institutional investors held Kayne Anderson BDC (KBDC) as of Q2 2025, up from 62 in Q1 2025.
  • Funds reported $382M of Kayne Anderson BDC stock for Q2 2025, up 276% quarter-over-quarter.
  • 19 funds opened new Kayne Anderson BDC positions in Q2 2025 and 11 closed out, a net change of +8 holders.
  • The largest Kayne Anderson BDC buyer in Q2 2025 was Koch Inc, an estimated $192M added.
  • The largest Kayne Anderson BDC seller in Q2 2025 was Summit Trail Advisors, an estimated $1.77M sold.

Based on aggregated 13F filings for Q2 2025.