Palmer Square Capital BDC
PSBD
35 hedge funds and large institutions have $229M invested in Palmer Square Capital BDC in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 6 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 6
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
10.43% more ownership
Funds ownership: 41.96% → 52.4% (+10%)
9% more capital invested
Capital invested by funds: $210M → $229M (+$19.5M)
6% more funds holding
Funds holding: 33 → 35 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner
Overland Park,
Kansas
|
+$21.9M |
| 2 |
1M
1248 Management
Kansas City,
Missouri
|
+$12M |
| 3 |
SA
Sunesis Advisors
Overland Park,
Kansas
|
+$7.21M |
| 4 |
BCM
Bienville Capital Management
New York
|
+$5.24M |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$3.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$1.18M |
| 2 |
AMH
Apollo Management Holdings
New York
|
-$1.18M |
| 3 |
MHIC
Marble Harbor Investment Counsel
Boston,
Massachusetts
|
-$185K |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$143K |
| 5 |
PD
Point72 (DIFC)
Dubai,
United Arab Emirates
|
-$139K |
PSBD Hedge Fund Activity: Q1 2025 in Review
35 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Palmer Square Capital BDC (PSBD) for Q1 2025, worth a combined $229M — up 9.3% from $210M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PSBD positions and 5 closed out — a net gain of 2 holders — while 18 added to existing stakes and 6 trimmed.
The largest buyer was Mariner, adding an estimated $21.9M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $1.18M sold.
- 35 institutional investors held Palmer Square Capital BDC (PSBD) as of Q1 2025, up from 33 in Q4 2024.
- Funds reported $229M of Palmer Square Capital BDC stock for Q1 2025, up 9.3% quarter-over-quarter.
- 7 funds opened new Palmer Square Capital BDC positions in Q1 2025 and 5 closed out, a net change of +2 holders.
- The largest Palmer Square Capital BDC buyer in Q1 2025 was Mariner, an estimated $21.9M added.
- The largest Palmer Square Capital BDC seller in Q1 2025 was Bank of New York Mellon, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2025.