Palmer Square Capital BDC
PSBD
28 hedge funds and large institutions have $50.7M invested in Palmer Square Capital BDC in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
8% more funds holding
Funds holding: 26 → 28 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.74% less ownership
Funds ownership: 10.36% → 9.62% (-0.74%)
8% less capital invested
Capital invested by funds: $54.9M → $50.7M (-$4.29M)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$908K |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$580K |
| 3 |
MHIC
Marble Harbor Investment Counsel
Boston,
Massachusetts
|
+$321K |
| 4 |
Two Sigma Advisers
New York
|
+$313K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capstone Investment Advisors
New York
|
-$1.03M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$941K |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$815K |
| 4 |
AMH
Apollo Management Holdings
New York
|
-$802K |
| 5 |
Franklin Resources
San Mateo,
California
|
-$800K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Qube Research & Technologies (QRT)
London,
United Kingdom
| $106K | -$31.7K | -1,925 | -23% |
|
27
Morgan Stanley
New York
| $71K | -$153K | -9,299 | -68% |
|
28
Wells Fargo
San Francisco,
California
| $808 | +$823 | +50 | New |
|
|
29
Capstone Investment Advisors
New York
| – | -$1.03M | -63,350 | Closed |
|
|
30
Teacher Retirement System of Texas
Austin,
Texas
| – | -$815K | -50,000 | Closed |
|
|
PCM
31
Penserra Capital Management
Orinda,
California
| – | -$450K | -27,640 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$1.63K | -100 | Closed |
|
PSBD Hedge Fund Activity: Q2 2024 in Review
28 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Palmer Square Capital BDC (PSBD) for Q2 2024, worth a combined $50.7M — down 7.8% from $54.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PSBD positions and 4 closed out — a net gain of 2 holders — while 6 added to existing stakes and 13 trimmed.
The largest buyer was Bank of America, adding an estimated $908K. The largest seller was Capstone Investment Advisors, exiting entirely with an estimated $1.03M sold.
- 28 institutional investors held Palmer Square Capital BDC (PSBD) as of Q2 2024, up from 26 in Q1 2024.
- Funds reported $50.7M of Palmer Square Capital BDC stock for Q2 2024, down 7.8% quarter-over-quarter.
- 6 funds opened new Palmer Square Capital BDC positions in Q2 2024 and 4 closed out, a net change of +2 holders.
- The largest Palmer Square Capital BDC buyer in Q2 2024 was Bank of America, an estimated $908K added.
- The largest Palmer Square Capital BDC seller in Q2 2024 was Capstone Investment Advisors, an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2024.