Palmer Square Capital BDC
PSBD
44 hedge funds and large institutions have $162M invested in Palmer Square Capital BDC in 2026 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 10 closing their positions.
0.76% more ownership
Funds ownership: 51.93% → 52.69% (+0.76%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
2% less funds holding
Funds holding: 45 → 44 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
19% less capital invested
Capital invested by funds: $201M → $162M (-$38.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
+$4.78M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.85M |
| 3 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
+$827K |
| 4 |
Two Sigma Investments
New York
|
+$769K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$673K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CEFA
Closed-End Fund Advisors
Richmond,
Virginia
|
-$2.69M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.13M |
| 3 |
Millennium Management
New York
|
-$1.12M |
| 4 |
UB
UMB Bank
Kansas City,
Missouri
|
-$994K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$903K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
51
Caprock Group
Boise,
Idaho
| – | -$787K | -62,395 | Closed |
|
52
Marshall Wace
London,
United Kingdom
| – | -$385K | -31,590 | Closed |
|
|
PCIA
53
Prime Capital Investment Advisors
Overland Park,
Kansas
| – | -$317K | -26,000 | Closed |
|
54
Point72 Asset Management
Stamford,
Connecticut
| – | -$171K | -14,035 | Closed |
|
|
TSS
55
Two Sigma Securities
New York
| – | -$124K | -10,139 | Closed |
|
PSBD Hedge Fund Activity: Q1 2026 in Review
44 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Palmer Square Capital BDC (PSBD) for Q1 2026, worth a combined $162M — down 19% from $201M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PSBD and 9 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 12 added.
The largest buyer was Mariner, adding an estimated $4.78M. The largest seller was Closed-End Fund Advisors, exiting entirely with an estimated $2.69M sold.
- 44 institutional investors held Palmer Square Capital BDC (PSBD) as of Q1 2026, down from 45 in Q4 2025.
- Funds reported $162M of Palmer Square Capital BDC stock for Q1 2026, down 19% quarter-over-quarter.
- 9 funds opened new Palmer Square Capital BDC positions in Q1 2026 and 10 closed out, a net change of -1 holder.
- The largest Palmer Square Capital BDC buyer in Q1 2026 was Mariner, an estimated $4.78M added.
- The largest Palmer Square Capital BDC seller in Q1 2026 was Closed-End Fund Advisors, an estimated $2.69M sold.
Based on aggregated 13F filings for Q1 2026.