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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KI
Koch Inc
Wichita,
Kansas
|
+$192M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$46.7M |
| 3 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$27.4M |
| 4 |
RCM
Requisite Capital Management
Dallas,
Texas
|
+$7.53M |
| 5 |
SMA
Sage Mountain Advisors
Atlanta,
Georgia
|
+$6.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
STA
Summit Trail Advisors
New York
|
-$1.77M |
| 2 |
Renaissance Technologies
New York
|
-$1.47M |
| 3 |
Corient Private Wealth
Miami,
Florida
|
-$994K |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$861K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$523K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
76
GSA Capital Partners
London,
United Kingdom
| – | -$233K | -14,366 | Closed |
|
77
Man Group
London,
United Kingdom
| – | -$194K | -11,984 | Closed |
|
78
Acadian Asset Management
Boston,
Massachusetts
| – | -$173K | -10,788 | Closed |
|
|
MFIM
79
Mesirow Financial Investment Management
Chicago,
Illinois
| – | -$168K | -10,343 | Closed |
|
80
Citigroup
New York
| – | -$64.1K | -3,951 | Closed |
|
|
PD
81
Point72 (DIFC)
Dubai,
United Arab Emirates
| – | -$860 | -53 | Closed |
|
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.