Palmer Square Capital BDC
PSBD
33 hedge funds and large institutions have $210M invested in Palmer Square Capital BDC in 2024 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 2 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
148% more capital invested
Capital invested by funds: $84.7M → $210M (+$125M)
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
26.07% more ownership
Funds ownership: 15.9% → 41.96% (+26%)
10% more funds holding
Funds holding: 30 → 33 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OM
OV Management
Minneapolis,
Minnesota
|
+$59.4M |
| 2 |
Mariner
Overland Park,
Kansas
|
+$17.9M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$6.21M |
| 4 |
BCM
Bienville Capital Management
New York
|
+$4.12M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$725K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Arlington Partners
Birmingham,
Alabama
|
-$1.15M |
| 2 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$1.07M |
| 3 |
AMH
Apollo Management Holdings
New York
|
-$857K |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$405K |
| 5 |
Millennium Management
New York
|
-$360K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PD
26
Point72 (DIFC)
Dubai,
United Arab Emirates
| $139K | -$73.5K | -4,613 | -33% |
|
27
Wells Fargo
San Francisco,
California
| $114K | +$87.3K | +5,482 | +272% |
|
|
AT
28
Arlington Trust
Birmingham,
Alabama
| $68.9K | – | – | – |
|
29
Morgan Stanley
New York
| $66.7K | +$6.07K | +381 | +10% |
|
|
CSS
30
Cubist Systematic Strategies
Stamford,
Connecticut
| $37K | +$35.2K | +2,211 | +996% |
|
|
NA
31
NewEdge Advisors
New Orleans,
Louisiana
| $24.1K | – | – | – |
|
32
Citigroup
New York
| $20.8K | +$4.95K | +311 | +29% |
|
33
National Bank of Canada
Montreal,
Quebec, Canada
| $714 | +$748 | +47 | New |
|
|
MIM
34
Monashee Investment Management
Boston,
Massachusetts
| – | -$1.07M | -65,400 | Closed |
|
|
35
Bessemer Group
Woodbridge,
New Jersey
| – | -$405K | -24,867 | Closed |
|
PSBD Hedge Fund Activity: Q4 2024 in Review
33 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Palmer Square Capital BDC (PSBD) for Q4 2024, worth a combined $210M — up 148% from $84.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PSBD positions and 2 closed out — a net gain of 3 holders — while 17 added to existing stakes and 8 trimmed.
The largest buyer was OV Management, opening a new position worth an estimated $59.4M. The largest seller was Arlington Partners, cutting an estimated $1.15M.
- 33 institutional investors held Palmer Square Capital BDC (PSBD) as of Q4 2024, up from 30 in Q3 2024.
- Funds reported $210M of Palmer Square Capital BDC stock for Q4 2024, up 148% quarter-over-quarter.
- 5 funds opened new Palmer Square Capital BDC positions in Q4 2024 and 2 closed out, a net change of +3 holders.
- The largest Palmer Square Capital BDC buyer in Q4 2024 was OV Management, an estimated $59.4M added.
- The largest Palmer Square Capital BDC seller in Q4 2024 was Arlington Partners, an estimated $1.15M sold.
Based on aggregated 13F filings for Q4 2024.