Palmer Square Capital BDC
PSBD
30 hedge funds and large institutions have $84.7M invested in Palmer Square Capital BDC in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 4 closing their positions.
67% more capital invested
Capital invested by funds: $50.7M → $84.7M (+$34M)
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
7% more funds holding
Funds holding: 28 → 30 (+2)
6.27% more ownership
Funds ownership: 9.62% → 15.9% (+6.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
+$18.8M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$11.5M |
| 3 |
BCM
Bienville Capital Management
New York
|
+$6.57M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.34M |
| 5 |
Renaissance Technologies
New York
|
+$908K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
-$6.78M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$559K |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$449K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$429K |
| 5 |
Franklin Resources
San Mateo,
California
|
-$245K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $65.3K | -$6.36K | -390 | -9% |
|
27
Wells Fargo
San Francisco,
California
| $32.9K | +$32.1K | +1,969 | +3,938% |
|
|
NA
28
NewEdge Advisors
New Orleans,
Louisiana
| $25.9K | +$25.9K | +1,587 | New |
|
29
Citigroup
New York
| $17.2K | +$17.2K | +1,055 | New |
|
|
CSS
30
Cubist Systematic Strategies
Stamford,
Connecticut
| $3.62K | -$139K | -8,529 | -97% |
|
|
31
Balyasny Asset Management
Chicago,
Illinois
| – | -$449K | -27,800 | Closed |
|
|
32
Marshall Wace
London,
United Kingdom
| – | -$429K | -26,557 | Closed |
|
|
JSL
33
JT Stratford LLC
Gainesville,
Georgia
| – | -$183K | -11,331 | Closed |
|
34
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$106K | -6,589 | Closed |
|
PSBD Hedge Fund Activity: Q3 2024 in Review
30 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Palmer Square Capital BDC (PSBD) for Q3 2024, worth a combined $84.7M — up 67% from $50.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PSBD positions and 4 closed out — a net gain of 2 holders — while 12 added to existing stakes and 10 trimmed.
The largest buyer was Mariner, opening a new position worth an estimated $18.8M. The largest seller was Apollo Management Holdings, cutting an estimated $6.78M.
- 30 institutional investors held Palmer Square Capital BDC (PSBD) as of Q3 2024, up from 28 in Q2 2024.
- Funds reported $84.7M of Palmer Square Capital BDC stock for Q3 2024, up 67% quarter-over-quarter.
- 6 funds opened new Palmer Square Capital BDC positions in Q3 2024 and 4 closed out, a net change of +2 holders.
- The largest Palmer Square Capital BDC buyer in Q3 2024 was Mariner, an estimated $18.8M added.
- The largest Palmer Square Capital BDC seller in Q3 2024 was Apollo Management Holdings, an estimated $6.78M sold.
Based on aggregated 13F filings for Q3 2024.