| 4 | Sound Income Strategies, LLC | 3.9M | $49.9M | +3.4% | 1.488% | 2.24% |
| 5 | UBS Group AG | 3.8M | $49.6M | -5.1% | 1.478% | 0.01% |
| 6 | Sage Mountain Advisors LLC | 3.8M | $49.3M | +1.9% | 1.470% | 3.03% |
| 7 | OMERS ADMINISTRATION Corp | 3.7M | $47.0M | +2.5% | 1.401% | 0.28% |
| 8 | BANK OF AMERICA CORP /DE/ | 3.4M | $43.7M | +3.8% | 1.302% | 0.00% |
| 9 | JPMORGAN CHASE & CO | 3.4M | $43.2M | -3.8% | 1.299% | 0.00% |
| 10 | ARES MANAGEMENT LLC | 3.4M | $43.2M | +9.8% | 1.289% | 1.88% |
| 11 | Allen Investment Management, LLC | 3.2M | $40.9M | -5.7% | 1.218% | 0.49% |
| 12 | Corient Private Wealth LP | 3.2M | $40.7M | -30.2% | 1.214% | 0.02% |
| 13 | Rockefeller Capital Management L.P. | 2.8M | $36.1M | -0.1% | 1.075% | 0.06% |
| 14 | Generali Asset Management SPA SGR | 2.6M | $33.9M | 0.0% | 1.010% | 0.61% |
| 15 | Lalia Capital, LLC | 2.6M | $33.6M | +2.5% | 1.000% | 16.31% |
| 16 | Legal & General Group Plc | 2.4M | $31.5M | +9.1% | 0.938% | 0.01% |
| 17 | MORGAN STANLEY | 2.4M | $30.3M | +19.1% | 0.904% | 0.00% |
| 18 | Muzinich & Co., Inc. | 2.1M | $26.5M | +3.5% | 0.789% | 9.04% |
| 19 | Russell Investments Group, Ltd. | 1.8M | $22.7M | +37.6% | 0.678% | 0.02% |
| 20 | FRANKLIN RESOURCES INC | 1.7M | $21.3M | +44.0% | 0.634% | 0.00% |
| 21 | Sumitomo Mitsui Trust Group, Inc. | 1.6M | $20.0M | +2.5% | 0.596% | 0.01% |
| 22 | Arnhold LLC | 1.5M | $19.8M | 0.0% | 0.590% | 1.39% |
| 23 | Ensign Peak Advisors, Inc | 1.3M | $16.6M | — | 0.495% | 0.03% |
| 24 | BlackRock, Inc. | 1.3M | $16.2M | +5.4% | 0.483% | 0.00% |
| 25 | MAI Capital Management | 1.2M | $15.9M | +1.2% | 0.474% | 0.06% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in GBDC — a direct measure of their conviction.
| 40.96% |
| +7.80 pp |
| $1.53B |
| +19% |
| Q4 2024 | 318 | +16% | 33.16% | 2.74 pp | $1.28B | 0.4% |
| Q3 2024 | 274 | — | 35.90% | — | $1.29B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
26 institutions opened new positions in GBDC during Q2 2026, while 53 fully exited. 198 added to existing positions and 87 trimmed.
GBDC institutional ownership rose by 1.33 percentage points quarter-over-quarter, with a net change of -30 holders.
The top 10 institutions account for 45.5% of all reported 13F value in GBDC, and the top 25 account for 71.7%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Golub Capital BDC, Inc. (GBDC) Institutional Ownership