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, Q4 2025
Institutional positions in Golub Capital BDC, Inc. as of Dec 31, 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
- 355
- +28 vs. Q3 2025
- Shares held
- 114.2M
- +8.11M (+7.6%) vs. Q3 2025
- Total value
- $1.56B
- +$99.4M (+6.8%) vs. Q3 2025
- New holders
- 70
- 107 more added
- Sold out
- 42
- 122 more reduced
4 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 319 | $1.57B |
| Q1 2026 | 347 | $1.51B |
| Q4 2025 | 355 | $1.56B |
| Q3 2025 | 331 | $1.47B |
| Q2 2025 | 321 | $1.50B |
| Q1 2025 | 339 | $1.69B |
| Q4 2024 | 328 | $1.59B |
| Q3 2024 | 286 | $1.45B |
| Q2 2024 | 295 | $1.52B |
| Q1 2024 | 252 | $1.09B |
| Q4 2023 | 260 | $1.04B |
| Q3 2023 | 249 | $1.01B |
| Q2 2023 | 243 | $943.7M |
| Q1 2023 | 228 | $955.9M |
| Q4 2022 | 252 | $974.4M |
| Q3 2022 | 230 | $910.2M |
| Q2 2022 | 241 | $947.2M |
| Q1 2022 | 239 | $1.15B |
| Q4 2021 | 227 | $1.17B |
| Q3 2021 | 205 | $1.18B |
| Q2 2021 | 201 | $1.08B |
| Q1 2021 | 203 | $1.06B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Golub Capital BDC, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Advisors Capital Management, LLC | 370,769 | $5.03M | 0.06% | +12,602+3.5% | Added |
| Hennion & Walsh Asset Management, Inc. | 371,814 | $5.05M | 0.17% | −60,700−14.0% | Reduced |
| Neuberger Berman Group LLC | 372,321 | $5.05M | 0.00% | −17,551−4.5% | Reduced |
| Denali Advisors LLC | 372,620 | $5.06M | 0.56% | −60,635−14.0% | Reduced |
| Shikiar Asset Management Inc | 373,240 | $5.07M | 1.26% | −32,475−8.0% | Reduced |
| Condor Capital Management | 373,818 | $5.07M | 0.41% | +9,349+2.6% | Added |
| Granite FO LLC | 400,505 | $5.43M | 2.90% | −104,030−20.6% | Reduced |
| Colony Group, LLC | 408,004 | $5.54M | 0.01% | +373,395+1,078.9% | Added |
| SRS Capital Advisors, Inc. | 411,251 | $5.58M | 0.16% | +41,692+11.3% | Added |
| Wells Fargo & Company | 414,892 | $5.63M | 0.00% | −163,153−28.2% | Reduced |
| Closed-End Fund Advisors, Inc. | 417,665 | $5.67M | 3.35% | +417,665 | New |
| Two Sigma Investments, LP | 448,000 | $6.08M | 0.01% | +409,152+1,053.2% | Added |
| Callodine Capital Management, LP | 450,000 | $6.11M | 0.49% | −71,238−13.7% | Reduced |
| Stifel Financial Corp | 451,512 | $6.13M | 0.01% | −82,289−15.4% | Reduced |
| Prairiewood Capital, LLC | 456,728 | $6.20M | 1.92% | +75,179+19.7% | Added |
| Coastal Bridge Advisors, LLC | 498,182 | $6.76M | 0.51% | +498,182 | New |
| Commonwealth Equity Services, LLC | 516,804 | $7.01M | 0.01% | +392,702+316.4% | Added |
| LPL Financial LLC | 545,278 | $7.40M | 0.00% | +116,330+27.1% | Added |
| Lido Advisors, LLC | 560,065 | $7.64M | 0.03% | −5,968−1.1% | Reduced |
| Franklin Resources Inc | 604,170 | $8.20M | 0.00% | −585,859−49.2% | Reduced |
| Pathstone Holdings, LLC | 654,906 | $8.89M | 0.03% | +5,623+0.9% | Added |
| Captrust Financial Advisors | 661,868 | $8.98M | 0.02% | −139,271−17.4% | Reduced |
| Raymond James Financial Inc | 778,304 | $10.6M | 0.00% | −11,664−1.5% | Reduced |
| Border to Coast Pensions Partnership Ltd | 800,000 | $10.9M | 0.19% | 00.0% | Unchanged |
| Cerity Partners LLC | 847,337 | $11.5M | 0.02% | −81,894−8.8% | Reduced |
| Sigma Investment Counselors Inc | 889,184 | $12.1M | 0.61% | +34,904+4.1% | Added |
| Hirtle Callaghan & Co LLC | – | $13.7M | 0.47% | – | – |
| LSV Asset Management | 1,029,000 | $14.0M | 0.03% | −12,400−1.2% | Reduced |
| Bank of Montreal | 1,056,492 | $14.3M | 0.01% | +127,365+13.7% | Added |
| Boston Partners | 1,078,691 | $14.7M | 0.02% | −60,349−5.3% | Reduced |
| MAI Capital Management | 1,363,944 | $18.5M | 0.11% | +67,687+5.2% | Added |
| Arnhold LLC | 1,470,089 | $19.9M | 1.51% | +7,500+0.5% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,514,544 | $20.6M | 0.01% | +36,154+2.4% | Added |
| Rivernorth Capital Management, LLC | 1,714,828 | $23.3M | 1.10% | +1,189,706+226.6% | Added |
| Muzinich & Co., Inc. | 1,959,272 | $26.6M | 8.36% | +333,636+20.5% | Added |
| BlackRock, Inc. | 1,992,097 | $27.0M | 0.00% | +9,886+0.5% | Added |
| Legal & General Group Plc | 2,062,851 | $28.0M | 0.01% | +315,984+18.1% | Added |
| HighTower Advisors, LLC | 2,298,330 | $31.2M | 0.03% | −230,937−9.1% | Reduced |
| Rockefeller Capital Management L.P. | 2,311,002 | $31.4M | 0.06% | −660,109−22.2% | Reduced |
| Lalia Capital, LLC | 2,479,179 | $33.6M | 26.34% | +2,479,179 | New |
| Generali Asset Management SPA SGR | 2,630,739 | $35.7M | 0.73% | 00.0% | Unchanged |
| Ares Management LLC | 2,736,210 | $37.1M | 2.12% | +165,000+6.4% | Added |
| UBS Group AG | 2,864,751 | $38.9M | 0.01% | +651,110+29.4% | Added |
| Omers Administration Corp | 3,019,148 | $41.0M | 0.29% | +597,918+24.7% | Added |
| Morgan Stanley | 3,048,675 | $41.4M | 0.00% | +717,904+30.8% | Added |
| Sage Mountain Advisors LLC | 3,360,932 | $45.6M | 2.42% | +332,443+11.0% | Added |
| Bank of America Corp | 3,515,546 | $47.7M | 0.00% | −314,242−8.2% | Reduced |
| Sound Income Strategies, LLC | 3,602,799 | $49.8M | 2.36% | +224,142+6.6% | Added |
| JPMorgan Chase & Co | 3,917,312 | $53.2M | 0.00% | +1,368,759+53.7% | Added |
| Allen Investment Management LLC | 4,069,890 | $55.2M | 0.61% | −103,576−2.5% | Reduced |
| Van Eck Associates Corp | 4,656,349 | $63.2M | 0.05% | −187,467−3.9% | Reduced |
| CI Private Wealth, LLC | 5,217,576 | $70.8M | 0.10% | −869,477−14.3% | Reduced |
| STRS Ohio | 16,704,760 | $226.7M | 0.85% | +466,978+2.9% | Added |
| Union Bancaire Privee, UBP SA | 26,584 | – | – | −7,620−22.3% | Reduced |
| LM Advisors LLC | 807 | – | – | +807 | New |
| Citigroup Inc | 0 | $0 | 0.00% | −331,177−100.0% | Sold out |
| New England Asset Management Inc | 0 | $0 | 0.00% | −232,876−100.0% | Sold out |
| Kovitz Investment Group Partners, LLC | 0 | $0 | 0.00% | −201,993−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −57,000−100.0% | Sold out |
| Credit Agricole S A | 0 | $0 | 0.00% | −56,525−100.0% | Sold out |
| M Holdings Securities, Inc. | 0 | $0 | 0.00% | −38,025−100.0% | Sold out |
| Pallas Capital Advisors LLC | 0 | $0 | 0.00% | −23,712−100.0% | Sold out |
| Johnson Financial Group, LLC | 0 | $0 | 0.00% | −23,465−100.0% | Sold out |
| Navellier & Associates Inc | 0 | $0 | 0.00% | −22,500−100.0% | Sold out |
| Hussman Strategic Advisors, Inc. | 0 | $0 | 0.00% | −21,000−100.0% | Sold out |
| Beverly Hills Private Wealth, LLC | 0 | $0 | 0.00% | −20,516−100.0% | Sold out |
| Vise Technologies, Inc. | 0 | $0 | 0.00% | −19,530−100.0% | Sold out |
| Natixis Advisors, L.P. | 0 | $0 | 0.00% | −18,852−100.0% | Sold out |
| DRW Securities, LLC | 0 | $0 | 0.00% | −18,598−100.0% | Sold out |
| Ausdal Financial Partners, Inc. | 0 | $0 | 0.00% | −17,573−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −15,881−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −14,858−100.0% | Sold out |
| AlphaCore Capital LLC | 0 | $0 | 0.00% | −14,706−100.0% | Sold out |
| Verition Fund Management LLC | 0 | $0 | 0.00% | −14,414−100.0% | Sold out |
| OneAscent Financial Services LLC | 0 | $0 | 0.00% | −13,957−100.0% | Sold out |
| Armistice Capital, LLC | 0 | $0 | 0.00% | −13,692−100.0% | Sold out |
| PharVision Advisers, LLC | 0 | $0 | 0.00% | −13,201−100.0% | Sold out |
| BCS Private Wealth Management, Inc. | 0 | $0 | 0.00% | −12,730−100.0% | Sold out |
| Equitable Holdings, Inc. | 0 | $0 | 0.00% | −12,625−100.0% | Sold out |
| Kensington Investment Counsel, LLC | 0 | $0 | 0.00% | −11,966−100.0% | Sold out |
| Global Assets Advisory, LLC | 0 | $0 | 0.00% | −11,271−100.0% | Sold out |
| Significant Wealth Partners LLC | 0 | $0 | 0.00% | −10,233−100.0% | Sold out |
| Arista Wealth Management, LLC | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| Neo Ivy Capital Management | 0 | $0 | 0.00% | −9,100−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −5,613−100.0% | Sold out |
| Main Street Group, LTD | 0 | $0 | 0.00% | −3,750−100.0% | Sold out |
| Northwestern Mutual Wealth Management Co | 0 | $0 | 0.00% | −3,160−100.0% | Sold out |
| Optiver Holding B.V. | 0 | $0 | 0.00% | −3,087−100.0% | Sold out |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 0 | $0 | 0.00% | −2,340−100.0% | Sold out |
| Future Financial Wealth Managment LLC | 0 | $0 | 0.00% | −2,365−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −2,346−100.0% | Sold out |
| Private Trust Co NA | 0 | $0 | 0.00% | −2,000−100.0% | Sold out |
| Spire Wealth Management | 0 | $0 | 0.00% | −1,796−100.0% | Sold out |
| Caitong International Asset Management Co., Ltd | 0 | $0 | 0.00% | −637−100.0% | Sold out |
| Essential Partners LLC | 0 | $0 | 0.00% | −200−100.0% | Sold out |
| Kilter Group LLC | 0 | $0 | 0.00% | −110−100.0% | Sold out |
| Tower Research Capital LLC (TRC) | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| MAS Advisors LLC | – | – | – | – | Not filed |
| AXA Investment Managers S.A. | – | – | – | – | Not filed |
| First Affirmative Financial Network | – | – | – | – | Not filed |