Palmer Square Capital BDC
PSBD
42 hedge funds and large institutions have $166M invested in Palmer Square Capital BDC in 2026 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 10 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
2% more capital invested
Capital invested by funds: $162M → $166M (+$3.89M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.82% less ownership
Funds ownership: 52.69% → 50.87% (-1.8%)
5% less funds holding
Funds holding: 44 → 42 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1M
1248 Management
Kansas City,
Missouri
|
+$2.48M |
| 2 |
Squarepoint
New York
|
+$1.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$990K |
| 4 |
PCU
Palliser Capital (UK)
London,
United Kingdom
|
+$940K |
| 5 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
+$864K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$8.15M |
| 2 |
Two Sigma Investments
New York
|
-$1.33M |
| 3 |
BCM
Bienville Capital Management
New York
|
-$1.07M |
| 4 |
Renaissance Technologies
New York
|
-$861K |
| 5 |
MAWAG
Mid-American Wealth Advisory Group
Kansas City,
Missouri
|
-$665K |
PSBD Hedge Fund Activity: Q2 2026 in Review
42 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in Palmer Square Capital BDC (PSBD) for Q2 2026, worth a combined $166M — up 2.4% from $162M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PSBD and 8 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 16 added.
The largest buyer was 1248 Management, adding an estimated $2.48M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $8.15M sold.
- 42 institutional investors held Palmer Square Capital BDC (PSBD) as of Q2 2026, down from 44 in Q1 2026.
- Funds reported $166M of Palmer Square Capital BDC stock for Q2 2026, up 2.4% quarter-over-quarter.
- 8 funds opened new Palmer Square Capital BDC positions in Q2 2026 and 10 closed out, a net change of -2 holders.
- The largest Palmer Square Capital BDC buyer in Q2 2026 was 1248 Management, an estimated $2.48M added.
- The largest Palmer Square Capital BDC seller in Q2 2026 was Rivernorth Capital Management, an estimated $8.15M sold.
Based on aggregated 13F filings for Q2 2026.