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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, 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.

Institutional holdersQ4 2025: 355 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 heldQ4 2025: $1.56B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Golub Capital BDC, Inc.; share changes are against Q3 2025.

Institutions holding GBDC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Manhattan West Asset Management, LLC28,371$385.0K0.08%−77−0.3%Reduced
NewEdge Wealth, LLC28,127$381.7K0.00%+28,127New
New World Advisors LLC28,123$381.6K0.07%−1,640−5.5%Reduced
Monument Capital Management28,004$380.0K0.09%00.0%Unchanged
Klingman & Associates, LLC27,788$377.1K0.02%00.0%Unchanged
Magnolia Capital Advisors LLC27,088$367.6K0.08%+3,474+14.7%Added
AQR Capital Management LLC26,507$359.7K0.00%−1,064−3.9%Reduced
Capstone Investment Advisors, LLC26,285$356.7K0.00%+1,104+4.4%Added
Evoke Wealth, LLC25,953$352.2K0.01%00.0%Unchanged
Northstar Group, Inc.25,788$349.9K0.05%+1,500+6.2%Added
Essex Financial Services, Inc.25,123$340.9K0.02%−7,093−22.0%Reduced
Evergreen Capital Management LLC24,885$337.7K0.01%−4,052−14.0%Reduced
OneAscent Wealth Management LLC24,620$334.1K0.11%−3,873−13.6%Reduced
M&T Bank Corp24,371$330.7K0.00%−26−0.1%Reduced
Penbrook Management LLC23,680$321.3K0.22%−1,275−5.1%Reduced
Belpointe Asset Management LLC23,416$317.8K0.01%+23,416New
Blueshift Asset Management, LLC22,887$310.6K0.09%+22,887New
Aquatic Capital Management LLC22,830$309.8K0.01%−29,333−56.2%Reduced
Promethium Advisors,llc22,600$306.7K0.17%00.0%Unchanged
Port Capital LLC22,000$298.5K0.01%00.0%Unchanged
Spinnaker Investment Group, LLC21,512$291.9K0.05%+21,512New
Joel Isaacson & Co., LLC21,408$290.5K0.01%+208+1.0%Added
Invested Advisors21,304$289.1K0.30%+3,032+16.6%Added
Truist Financial Corp20,103$272.8K0.00%+500+2.6%Added
Plancorp, LLC20,076$272.4K0.01%00.0%Unchanged
Almitas Capital LLC20,000$271.4K0.06%+20,000New
Jain Global LLC19,374$262.9K0.00%+19,374New
Hudson Bay Capital Management LP19,180$260.3K0.00%+19,180New
Catalyst Funds Management Pty Ltd19,145$259.8K0.06%+19,145New
Wealthspire Advisors, LLC18,787$254.9K0.00%−500−2.6%Reduced
GWM Advisors LLC18,589$252.3K0.00%−31,001−62.5%Reduced
Susquehanna International Group, LLP18,480$250.8K0.00%+7,925+75.1%Added
Dynamic Advisor Solutions LLC18,447$250.3K0.01%−60.0%Reduced
Summit Financial, LLC18,193$246.9K0.00%−7,166−28.3%Reduced
Nomura Holdings Inc18,187$246.8K0.00%+18,187New
American Capital Advisory, LLC18,160$246.4K0.11%+18,160New
Keel Point, LLC17,692$240.1K0.01%−572−3.1%Reduced
Serenus Wealth Advisors, LLC17,068$231.6K0.04%00.0%Unchanged
Foundations Investment Advisors, LLC16,694$226.5K0.00%−2,681−13.8%Reduced
Matauro, LLC16,611$225.4K0.03%00.0%Unchanged
Castle Wealth Management LLC16,598$225.2K0.07%−5,343−24.4%Reduced
Miller Global Investments, LLC16,566$224.8K0.20%+16,566New
Beaumont Financial Advisors, LLC16,481$223.6K0.01%+1,841+12.6%Added
Catalina Capital Group, LLC16,105$218.5K0.13%+16,105New
Columbia Advisory Partners LLC15,987$216.9K0.15%−1,192−6.9%Reduced
AdvisorNet Financial, Inc15,950$216.4K0.01%−600−3.6%Reduced
GatePass Capital, LLC15,920$216.0K0.11%−2,080−11.6%Reduced
Creative Planning15,829$214.8K0.00%−1,092−6.5%Reduced
Eagle Global Advisors LLC15,790$214.3K0.01%+4,780+43.4%Added
Ironsides Asset Advisors, LLC15,755$213.8K0.05%+1,113+7.6%Added
Thompson David Blair15,732$213.5K0.12%+15,732New
Point72 Asset Management, L.P.15,329$208.0K0.00%+15,329New
Quent Capital, LLC15,311$207.8K0.01%00.0%Unchanged
Core Wealth Partners LLC15,060$204.4K0.09%00.0%Unchanged
Millennium Management LLC14,894$202.1K0.00%−693,538−97.9%Reduced
CIBC Private Wealth Group, LLC14,706$199.6K0.00%−6,867−31.8%Reduced
Pictet & Cie (Europe) SA14,618$198.4K0.00%+405+2.8%Added
Quadrature Capital Ltd14,239$193.2K0.00%+14,239New
Mattern Wealth Management LLC14,000$190.0K0.04%00.0%Unchanged
Vident Advisory, LLC13,573$184.2K0.00%−8,009−37.1%Reduced
Seven Mile Advisory13,373$181.5K0.03%+13,373New
Triumph Capital Management13,295$180.4K0.04%−44,739−77.1%Reduced
Arkadios Wealth Advisors13,250$179.8K0.00%+13,250New
5T Wealth, LLC13,145$178.4K0.07%−8,340−38.8%Reduced
Comprehensive Money Management Services LLC13,125$178.1K0.12%+625+5.0%Added
CFO4Life Group, LLC13,066$177.3K0.03%+314+2.5%Added
State of Alaska, Department of Revenue12,826$174.0K0.00%+555+4.5%Added
Cornerstone Wealth Management, LLC12,690$172.2K0.01%+450+3.7%Added
Brevan Howard Capital Management LP12,668$171.9K0.00%−832−6.2%Reduced
Colter Lewis Investment Partners LLC12,512$169.8K0.20%+12,512New
O'Rourke & Company, Inc12,428$168.6K0.07%+569+4.8%Added
Pine Valley Investments Ltd Liability Co12,415$168.5K0.01%00.0%Unchanged
Kestra Advisory Services, LLC12,390$168.1K0.00%−604−4.6%Reduced
O'Shaughnessy Asset Management, LLC12,017$163.1K0.00%+1,628+15.7%Added
Focused Wealth Management, Inc11,945$162.1K0.02%+325+2.8%Added
Romano Brothers and Company11,875$161.1K0.02%−250−2.1%Reduced
National Philanthropic Trust11,728$159.1K0.00%−6,388−35.3%Reduced
Williams Jones Wealth Management, LLC.11,717$159.0K0.00%00.0%Unchanged
Arta Finance Wealth Management LLC11,520$156.3K0.08%+11,520New
Colton Groome Financial Advisors, LLC11,399$154.7K0.04%+321+2.9%Added
McElhenny Sheffield Capital Management, LLC11,050$149.9K0.04%00.0%Unchanged
International Assets Investment Management, LLC29,418$147.5K0.01%+18,300+164.6%Added
EMC Capital Management10,820$147.0K0.07%−1,909−15.0%Reduced
Brucke Financial, Inc.10,798$146.5K0.08%+10,798New
Sowell Financial Services LLC10,796$146.5K0.01%+10,796New
Ritholtz Wealth Management10,731$145.6K0.00%+10,731New
CAP Partners, LLC10,684$145.0K0.08%+315+3.0%Added
Kingswood Wealth Advisors, LLC10,466$142.0K0.01%+9+0.1%Added
Green Square Capital Advisors LLC10,415$141.3K0.01%−156,325−93.8%Reduced
Crestwood Advisors Group LLC10,414$141.3K0.00%00.0%Unchanged
Perigon Wealth Management, LLC10,387$141.0K0.00%00.0%Unchanged
Ancora Advisors, LLC10,373$140.8K0.00%−285−2.7%Reduced
Bryn Mawr Trust Co10,357$140.5K0.00%00.0%Unchanged
Levin Capital Strategies, L.P.10,300$139.8K0.01%+10,300New
Permanent Capital Management, LP10,300$139.8K0.03%+10,300New
TT Capital Management LLC10,003$135.7K0.11%+10,003New
Cardiff Park Advisors, LLC10,000$135.7K0.01%00.0%Unchanged
Sepio Capital, LP10,000$135.7K0.01%+10,000New
Key Capital Management, INC9,837$133.5K0.13%+9,837New
US Bancorp9,525$129.3K0.00%−855−8.2%Reduced