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Palmer Square Capital BDC

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.

New
Increased
Maintained
Reduced
Closed

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: 2830 (+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: 11 (0)

Holders
30
Holders Change
+2
Holders Change %
+7.14%
% of All Funds
0.43%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
6
Increased
12
Reduced
10
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FTCM
1
First Trust Capital Management
Illinois
$26.4M +$11.5M +708,003 +78%
Mariner
2
Mariner
Kansas
$18.8M +$18.8M +1,150,704 New
BCM
3
Bienville Capital Management
New York
$6.98M +$6.57M +402,612 +2,657%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$6.24M +$423K +25,951 +7%
AP
5
Arlington Partners
Alabama
$6.08M
Bank of America
6
Bank of America
North Carolina
$3.53M +$1.34M +82,273 +61%
Millennium Management
7
Millennium Management
New York
$2.94M -$165K -10,141 -5%
AMH
8
Apollo Management Holdings
New York
$2.15M -$6.78M -415,957 -76%
CIM
9
Confluence Investment Management
Missouri
$1.7M +$307K +18,842 +22%
Two Sigma Advisers
10
Two Sigma Advisers
New York
$1.5M +$594K +36,400 +65%
Renaissance Technologies
11
Renaissance Technologies
New York
$1.08M +$908K +55,700 +521%
MIM
12
Monashee Investment Management
Massachusetts
$1.07M -$237K -14,547 -18%
Two Sigma Investments
13
Two Sigma Investments
New York
$985K +$372K +22,821 +61%
HWAM
14
Hennion & Walsh Asset Management
New Jersey
$792K +$792K +48,560 New
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$673K +$46.4K +2,844 +7%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$576K +$576K +35,345 New
Franklin Resources
17
Franklin Resources
California
$541K -$245K -15,031 -31%
Citadel Advisors
18
Citadel Advisors
Florida
$517K -$559K -34,286 -52%
MHIC
19
Marble Harbor Investment Counsel
Massachusetts
$419K +$101K +6,200 +32%
Bessemer Group
20
Bessemer Group
New Jersey
$405K +$406K +24,867 New
HF
21
HRT Financial
New York
$369K +$150K +9,171 +68%
UBS Group
22
UBS Group
Switzerland
$355K -$83K -5,092 -19%
PD
23
Point72 (DIFC)
United Arab Emirates
$225K -$85.4K -5,236 -28%
DWT
24
Dorsey & Whitney Trust
South Dakota
$170K
AT
25
Arlington Trust
Alabama
$73.9K -$47.7K -2,927 -39%

PSBD Hedge Fund Activity: Q3 2024 in Review

30 of the 6,964 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.