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Golub Capital BDC, Inc.

GBDC
Exchange
Nasdaq
SEC CIK
0001476765

In the last 90 days, Golub Capital BDC, Inc. insiders filed 0 open-market purchases and 1 sale; 319 institutions reported holding it in 13F filings for Q2 2026, worth $1.57B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Golub Capital BDC, Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
331
+14 vs. Q2 2025
Shares held
106.1M
+8.74M (+9.0%) vs. Q2 2025
Total value
$1.47B
+$25.9M (+1.8%) vs. Q2 2025
New holders
48
132 more added
Sold out
34
88 more reduced

4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting GBDC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 331 institutions
Q1 2021: 203 institutionsQ2 2021: 201 institutionsQ3 2021: 205 institutionsQ4 2021: 227 institutionsQ1 2022: 239 institutionsQ2 2022: 241 institutionsQ3 2022: 230 institutionsQ4 2022: 252 institutionsQ1 2023: 228 institutionsQ2 2023: 243 institutionsQ3 2023: 249 institutionsQ4 2023: 260 institutionsQ1 2024: 252 institutionsQ2 2024: 295 institutionsQ3 2024: 286 institutionsQ4 2024: 328 institutionsQ1 2025: 339 institutionsQ2 2025: 321 institutionsQ3 2025: 331 institutionsQ4 2025: 355 institutionsQ1 2026: 347 institutionsQ2 2026: 319 institutions
Value heldQ3 2025: $1.47B
Q1 2021: $1.06BQ2 2021: $1.08BQ3 2021: $1.18BQ4 2021: $1.17BQ1 2022: $1.15BQ2 2022: $947.2MQ3 2022: $910.2MQ4 2022: $974.4MQ1 2023: $955.9MQ2 2023: $943.7MQ3 2023: $1.01BQ4 2023: $1.04BQ1 2024: $1.09BQ2 2024: $1.52BQ3 2024: $1.45BQ4 2024: $1.59BQ1 2025: $1.69BQ2 2025: $1.50BQ3 2025: $1.47BQ4 2025: $1.56BQ1 2026: $1.51BQ2 2026: $1.57B
Institutions holding GBDC and their total value by quarter
QuarterHoldersValue
Q2 2026319$1.57B
Q1 2026347$1.51B
Q4 2025355$1.56B
Q3 2025331$1.47B
Q2 2025321$1.50B
Q1 2025339$1.69B
Q4 2024328$1.59B
Q3 2024286$1.45B
Q2 2024295$1.52B
Q1 2024252$1.09B
Q4 2023260$1.04B
Q3 2023249$1.01B
Q2 2023243$943.7M
Q1 2023228$955.9M
Q4 2022252$974.4M
Q3 2022230$910.2M
Q2 2022241$947.2M
Q1 2022239$1.15B
Q4 2021227$1.17B
Q3 2021205$1.18B
Q2 2021201$1.08B
Q1 2021203$1.06B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Golub Capital BDC, Inc.; share changes are against Q2 2025.

Institutions holding GBDC in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
STRS Ohio16,237,782$222.3M0.81%+450,126+2.9%Added
CI Private Wealth, LLC6,087,053$83.3M0.13%+4,556,990+297.8%Added
Van Eck Associates Corp4,843,816$66.3M0.06%+401,723+9.0%Added
Allen Investment Management LLC4,173,466$57.1M0.63%−65,072−1.5%Reduced
Bank of America Corp3,829,788$52.4M0.00%+207,998+5.7%Added
Sound Income Strategies, LLC3,378,657$45.6M2.49%+65,008+2.0%Added
Sage Mountain Advisors LLC3,028,489$41.5M2.38%−4,964−0.2%Reduced
Rockefeller Capital Management L.P.2,971,111$40.7M0.08%+164,919+5.9%Added
Generali Asset Management SPA SGR2,630,739$36.0M0.77%+118,034+4.7%Added
Ares Management LLC2,571,210$35.2M1.61%00.0%Unchanged
JPMorgan Chase & Co2,548,553$34.9M0.00%+125,881+5.2%Added
HighTower Advisors, LLC2,529,267$34.6M0.04%+1,862,632+279.4%Added
Omers Administration Corp2,421,230$33.1M0.24%+67,118+2.9%Added
Morgan Stanley2,330,771$31.9M0.00%−302,246−11.5%Reduced
UBS Group AG2,213,641$30.3M0.01%−195,245−8.1%Reduced
BlackRock, Inc.1,982,211$27.1M0.00%+344,353+21.0%Added
Legal & General Group Plc1,746,867$23.9M0.01%−145,070−7.7%Reduced
Muzinich & Co., Inc.1,625,636$22.3M8.63%+397,514+32.4%Added
Sumitomo Mitsui Trust Holdings, Inc.1,478,390$20.2M0.01%+397,839+36.8%Added
Arnhold LLC1,462,589$20.0M1.67%+15,000+1.0%Added
MAI Capital Management1,296,257$17.7M0.11%−14,083−1.1%Reduced
Franklin Resources Inc1,190,029$16.3M0.00%−25,541−2.1%Reduced
Boston Partners1,139,040$15.6M0.02%+2,327+0.2%Added
LSV Asset Management1,041,400$14.3M0.03%−181,618−14.8%Reduced
Hirtle Callaghan & Co LLC–$12.7M0.45%––
Cerity Partners LLC929,231$12.7M0.02%−246,120−20.9%Reduced
Bank of Montreal929,127$12.7M0.01%+202,940+27.9%Added
Sigma Investment Counselors Inc854,280$11.7M0.61%+53,365+6.7%Added
Captrust Financial Advisors801,139$11.0M0.02%−19,504−2.4%Reduced
Border to Coast Pensions Partnership Ltd800,000$11.0M0.19%−50,000−5.9%Reduced
Raymond James Financial Inc789,968$10.8M0.00%+408,510+107.1%Added
Millennium Management LLC708,432$9.70M0.01%−608,719−46.2%Reduced
Pathstone Holdings, LLC649,283$8.89M0.03%+314,230+93.8%Added
Wells Fargo & Company578,045$7.91M0.00%+12,053+2.1%Added
Brown Advisory Inc567,980$7.78M0.01%+448,734+376.3%Added
Lido Advisors, LLC566,033$7.75M0.03%+113,298+25.0%Added
Stifel Financial Corp533,801$7.31M0.01%+68,919+14.8%Added
Rivernorth Capital Management, LLC525,122$7.19M0.41%+525,122New
Callodine Capital Management, LP521,238$7.14M0.63%00.0%Unchanged
Granite FO LLC504,535$6.91M3.75%00.0%Unchanged
Denali Advisors LLC433,255$5.93M0.67%−108,893−20.1%Reduced
Hennion & Walsh Asset Management, Inc.432,514$5.92M0.21%+30,056+7.5%Added
LPL Financial LLC428,948$5.87M0.00%+6,493+1.5%Added
Shikiar Asset Management Inc405,715$5.55M1.40%−37,890−8.5%Reduced
Qube Research & Technologies Ltd398,433$5.45M0.01%−68,884−14.7%Reduced
Neuberger Berman Group LLC389,872$5.34M0.00%−78,806−16.8%Reduced
Prairiewood Capital, LLC381,549$5.22M1.73%+40,457+11.9%Added
Castlekeep Investment Advisors LLC377,389$5.17M2.42%+37,037+10.9%Added
SRS Capital Advisors, Inc.369,559$5.06M0.07%+44,359+13.6%Added
Confluence Investment Management LLC367,746$5.03M0.07%−83,445−18.5%Reduced
Condor Capital Management364,469$4.99M0.41%+13,356+3.8%Added
Advisors Capital Management, LLC358,167$4.90M0.06%+27,539+8.3%Added
Tranquility Partners, LLC349,379$4.78M1.61%−2,313−0.7%Reduced
SCS Capital Management LLC348,071$4.77M0.05%−49,130−12.4%Reduced
Great West Life Assurance Co331,086$4.54M0.01%+66,009+24.9%Added
Citigroup Inc331,177$4.53M0.00%−300.0%Reduced
Advisors Asset Management, Inc.330,688$4.53M0.08%+34,983+11.8%Added
First Trust Advisors LP306,405$4.19M0.00%+31,052+11.3%Added
Wiley Bros.-Aintree Capital, LLC296,884$4.06M0.03%+6,482+2.2%Added
D.A. Davidson & Co.293,527$4.02M0.03%−24,606−7.7%Reduced
Anchor Investment Management, LLC285,575$3.91M0.32%+5,140+1.8%Added
Naviter Wealth, LLC278,281$3.81M0.44%−1,168−0.4%Reduced
First National Trust Co264,177$3.62M0.12%00.0%Unchanged
Marshall Wace, LLP261,417$3.58M0.00%+261,417New
State Street Corp261,343$3.58M0.00%+7,212+2.8%Added
Universal- Beteiligungs- und Servicegesellschaft mbH253,360$3.47M0.01%00.0%Unchanged
BNP Paribas Arbitrage, SA252,920$3.46M0.00%−11,508−4.4%Reduced
HB Wealth Management, LLC249,399$3.41M0.02%+55,524+28.6%Added
Truvestments Capital LLC244,724$3.35M0.61%−28,766−10.5%Reduced
Next Capital Management LLC244,213$3.34M1.12%−35,231−12.6%Reduced
Parallel Advisors, LLC241,132$3.30M0.06%−609−0.3%Reduced
Tred Avon Family Wealth, LLC239,526$3.28M1.13%+239,526New
Cura Wealth Advisors, LLC234,700$3.21M1.24%−15,200−6.1%Reduced
New England Asset Management Inc232,876$3.19M0.42%00.0%Unchanged
United Advisor Group, LLC220,750$3.02M0.41%+6,262+2.9%Added
Snowden Capital Advisors LLC207,519$2.84M0.08%−219−0.1%Reduced
Advisor OS, LLC203,199$2.78M0.24%+5,208+2.6%Added
GraniteShares Advisors LLC202,585$2.77M1.61%+17,850+9.7%Added
Kovitz Investment Group Partners, LLC201,993$2.77M0.01%+15,241+8.2%Added
Mercer Global Advisors Inc179,349$2.46M0.00%+87,345+94.9%Added
Green Square Capital Advisors LLC166,740$2.44M0.29%00.0%Unchanged
Prelude Capital Management, LLC176,786$2.42M0.19%+1,786+1.0%Added
Ieq Capital, LLC168,848$2.31M0.01%+16,653+10.9%Added
Merit Financial Group, LLC160,434$2.20M0.02%00.0%Unchanged
Gsa Capital Partners LLP157,976$2.16M0.18%+146,860+1,321.2%Added
Texas Yale Capital Corp.156,076$2.14M0.07%−4,013−2.5%Reduced
Adams Asset Advisors, LLC153,977$2.11M0.27%+16,254+11.8%Added
Bank of New York Mellon Corp153,111$2.10M0.00%+4,211+2.8%Added
Envestnet Asset Management Inc149,911$2.05M0.00%+3,477+2.4%Added
Waterloo Capital, L.P.146,791$2.01M0.15%+6,175+4.4%Added
Royal Bank of Canada132,290$1.81M0.00%−23,417−15.0%Reduced
Janney Montgomery Scott LLC130,165$1.78M0.00%+44,332+51.6%Added
Northern Trust Corp129,445$1.77M0.00%+39,300+43.6%Added
Quest Partners LLC128,984$1.77M0.12%+124,102+2,542.0%Added
Independent Financial Group, LLC128,364$1.76M0.04%+585+0.5%Added
Commonwealth Equity Services, LLC124,102$1.70M0.00%+3,413+2.8%Added
Onyx Bridge Wealth Group LLC123,160$1.69M0.18%+7,211+6.2%Added
General Partner, Inc.123,041$1.68M0.93%00.0%Unchanged
Silverberg Bernstein Capital Management LLC119,500$1.64M0.99%+33,300+38.6%Added
LRI Investments, LLC118,986$1.63M0.13%00.0%Unchanged