Kayne Anderson BDC, Inc.
KBDC- Exchange
- NYSE
- SEC CIK
- 0001747172
In the last 90 days, Kayne Anderson BDC, Inc. insiders filed 3 open-market purchases and 0 sales; 93 institutions reported holding it in 13F filings for Q2 2026, worth $433.3M in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Kayne Anderson 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
- 87
- +8 vs. Q3 2025
- Shares held
- 36.7M
- +8.89M (+32.0%) vs. Q3 2025
- Total value
- $525.8M
- +$154.8M (+41.7%) vs. Q3 2025
- New holders
- 28
- 14 more added
- Sold out
- 20
- 26 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 KBDC 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 | 93 | $433.3M |
| Q1 2026 | 93 | $504.6M |
| Q4 2025 | 87 | $531.7M |
| Q3 2025 | 83 | $371.7M |
| Q2 2025 | 70 | $382.2M |
| Q1 2025 | 62 | $101.4M |
| Q4 2024 | 47 | $67.0M |
| Q3 2024 | 20 | $23.7M |
| Q2 2024 | 16 | $22.2M |
| Q1 2024 | 0 | $0 |
| Q4 2023 | 0 | $0 |
| Q3 2023 | 0 | $0 |
| Q2 2023 | 0 | $0 |
| Q1 2023 | 0 | $0 |
| Q4 2022 | 0 | $0 |
| Q3 2022 | 0 | $0 |
| Q2 2022 | 0 | $0 |
| Q1 2022 | 0 | $0 |
| Q4 2021 | 0 | $0 |
| Q3 2021 | 0 | $0 |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Kayne Anderson BDC, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Koch, Inc. | 12,181,352 | $174.4M | 24.14% | 00.0% | Unchanged |
| State of Michigan Retirement System | 6,566,762 | $94.0M | 0.46% | +6,566,762 | New |
| Bank of America Corp | 5,421,369 | $77.6M | 0.01% | +210,245+4.0% | Added |
| HF Capital, LLC | 2,347,726 | $33.6M | 20.05% | +2,347,726 | New |
| Pathstone Holdings, LLC | 1,353,339 | $19.4M | 0.07% | −92,715−6.4% | Reduced |
| Van Eck Associates Corp | 824,303 | $11.8M | 0.01% | +824,303 | New |
| Sage Mountain Advisors LLC | 798,116 | $11.4M | 0.61% | −260,371−24.6% | Reduced |
| Requisite Capital Management, LLC | 676,459 | $9.96M | 1.89% | −80,496−10.6% | Reduced |
| Franklin Resources Inc | 624,638 | $8.94M | 0.00% | +316,418+102.7% | Added |
| UBS Group AG | 576,812 | $8.26M | 0.00% | +418,789+265.0% | Added |
| BlackRock, Inc. | 449,771 | $6.44M | 0.00% | −4,062−0.9% | Reduced |
| CI Private Wealth, LLC | 406,258 | $5.89M | 0.01% | −121,507−23.0% | Reduced |
| Morgan Stanley | 400,456 | $5.73M | 0.00% | +186,096+86.8% | Added |
| Callodine Capital Management, LP | 400,000 | $5.73M | 0.46% | 00.0% | Unchanged |
| Millennium Management LLC | 254,429 | $3.64M | 0.00% | +171,354+206.3% | Added |
| Squarepoint Ops LLC | 224,580 | $3.22M | 0.01% | +224,580 | New |
| HB Wealth Management, LLC | 217,872 | $3.12M | 0.02% | −2,418−1.1% | Reduced |
| Activest Wealth Management | 208,396 | $2.98M | 0.56% | +208,396 | New |
| AG Asset Advisory, LLC | 203,300 | $2.91M | 2.50% | 00.0% | Unchanged |
| Wells Fargo & Company | 197,793 | $2.83M | 0.00% | +118,255+148.7% | Added |
| Russell Investments Group, Ltd. | 194,177 | $2.78M | 0.00% | +194,177 | New |
| Centric Wealth Management | 137,711 | $1.93M | 0.41% | −5,658−3.9% | Reduced |
| Equitec Proprietary Markets, LLC | 121,998 | $1.75M | 8.42% | 00.0% | Unchanged |
| Cresset Asset Management, LLC | 93,542 | $1.38M | 0.01% | 00.0% | Unchanged |
| SlateStone Wealth, LLC | 94,644 | $1.35M | 0.11% | −55,329−36.9% | Reduced |
| XTX Topco Ltd | 90,075 | $1.29M | 0.03% | +90,075 | New |
| Inscription Capital, LLC | 81,132 | $1.16M | 0.12% | 00.0% | Unchanged |
| Closed-End Fund Advisors, Inc. | 73,202 | $1.05M | 0.62% | +73,202 | New |
| Renaissance Technologies LLC | 72,000 | $1.03M | 0.00% | −86,559−54.6% | Reduced |
| Legacy Wealth Advisors, LLC | 59,089 | $846.2K | 0.56% | +59,089 | New |
| Citadel Advisors LLC | 57,812 | $827.9K | 0.00% | +57,812 | New |
| Invesco Ltd. | 55,568 | $795.7K | 0.00% | −80−0.1% | Reduced |
| Verition Fund Management LLC | 52,173 | $747.1K | 0.00% | +52,173 | New |
| Accredited Investors Inc. | 50,898 | $728.9K | 0.04% | 00.0% | Unchanged |
| Hennion & Walsh Asset Management, Inc. | 49,544 | $709.5K | 0.02% | +9,063+22.4% | Added |
| Stifel Financial Corp | 47,175 | $675.5K | 0.00% | +32,425+219.8% | Added |
| Confluence Investment Management LLC | 46,410 | $664.6K | 0.01% | −3,445−6.9% | Reduced |
| Cerity Partners LLC | 45,103 | $645.9K | 0.00% | −21,298−32.1% | Reduced |
| Point72 Asset Management, L.P. | 44,801 | $641.5K | 0.00% | +44,801 | New |
| BNP Paribas Arbitrage, SA | 44,475 | $636.9K | 0.00% | +27,210+157.6% | Added |
| Quantinno Capital Management LP | 43,836 | $627.7K | 0.00% | +43,836 | New |
| Accelerate Investment Advisors LLC | 43,599 | $624.3K | 0.42% | −8,197−15.8% | Reduced |
| Royal Bank of Canada | 41,497 | $594.0K | 0.00% | +20,495+97.6% | Added |
| Brown Advisory Inc | 35,901 | $514.1K | 0.00% | 00.0% | Unchanged |
| Dynamic Technology Lab Private Ltd | 35,658 | $511.0K | 0.12% | +35,658 | New |
| Quantbot Technologies LP | 35,507 | $508.5K | 0.02% | +18,690+111.1% | Added |
| Quadrature Capital Ltd | 31,976 | $457.9K | 0.00% | +9,317+41.1% | Added |
| Marshall Wace, LLP | 31,400 | $449.6K | 0.00% | +31,400 | New |
| Apollon Wealth Management, LLC | 31,354 | $449.0K | 0.01% | −5,000−13.8% | Reduced |
| Truist Financial Corp | 24,399 | $349.4K | 0.00% | 00.0% | Unchanged |
| Virtu Financial LLC | 23,446 | $336.0K | 0.01% | +23,446 | New |
| Price T Rowe Associates Inc | 23,066 | $331.0K | 0.00% | +23,066 | New |
| Running Point Capital Advisors, LLC | 21,512 | $308.1K | 0.08% | +598+2.9% | Added |
| TT Capital Management LLC | 21,500 | $307.9K | 0.25% | +21,500 | New |
| GWM Advisors LLC | 21,067 | $301.7K | 0.00% | 00.0% | Unchanged |
| Adams Asset Advisors, LLC | 20,341 | $291.3K | 0.04% | +20,341 | New |
| Birchview Capital, LP | 20,000 | $286.4K | 0.17% | +20,000 | New |
| Woodley Farra Manion Portfolio Management Inc | 18,447 | $271.5K | 0.01% | 00.0% | Unchanged |
| Belpointe Asset Management LLC | 18,180 | $260.3K | 0.01% | +18,180 | New |
| VARCOV Co. | 18,104 | $259.2K | 0.10% | +18,104 | New |
| Zacks Investment Management | 17,950 | $257.0K | 0.00% | 00.0% | Unchanged |
| Change Path, LLC | 17,950 | $257.0K | 0.01% | 00.0% | Unchanged |
| Generali Investments CEE, investicni spolecnost, a.s. | 15,835 | $226.8K | 0.02% | 00.0% | Unchanged |
| SGL Investment Advisors, Inc. | 15,799 | $220.7K | 0.09% | 00.0% | Unchanged |
| Catalina Capital Group, LLC | 15,373 | $220.1K | 0.14% | +15,373 | New |
| SNS Financial Group, LLC | 14,947 | $220.0K | 0.02% | −1,907−11.3% | Reduced |
| Avenue 1 Advisors, LLC | 14,901 | $213.4K | 0.07% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 14,879 | $213.1K | 0.00% | −7,928−34.8% | Reduced |
| Rockefeller Capital Management L.P. | 13,006 | $186.2K | 0.00% | −10,000−43.5% | Reduced |
| Aquatic Capital Management LLC | 12,654 | $181.2K | 0.01% | +12,654 | New |
| Arcus Capital Partners, LLC | 12,375 | $177.2K | 0.06% | −1,100−8.2% | Reduced |
| Platt Wealth Management LLC | 12,239 | $175.0K | 0.17% | +12,239 | New |
| Valeo Financial Advisors, LLC | 12,090 | $173.1K | 0.00% | 00.0% | Unchanged |
| TCTC Holdings, LLC | 11,922 | $170.7K | 0.01% | −5,962−33.3% | Reduced |
| Balentine LLC | 11,922 | $170.7K | 0.01% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 11,481 | $164.4K | 0.00% | +11,481 | New |
| BKD Wealth Advisors, LLC | 10,504 | $150.4K | 0.00% | −4,397−29.5% | Reduced |
| Advisor Group Holdings, Inc. | 10,311 | $147.7K | 0.00% | −259−2.5% | Reduced |
| Advisory Services Network, LLC | 10,206 | $146.1K | 0.00% | +1,407+16.0% | Added |
| JPMorgan Chase & Co | 9,967 | $142.7K | 0.00% | −5,284−34.6% | Reduced |
| AdvisorNet Financial, Inc | 5,850 | $83.8K | 0.00% | −3,845−39.7% | Reduced |
| Citigroup Inc | 4,827 | $69.1K | 0.00% | −10,514−68.5% | Reduced |
| Security National Bank | 4,404 | $63.1K | 0.01% | −653−12.9% | Reduced |
| MAI Capital Management | 2,400 | $34.4K | 0.00% | +2,400 | New |
| Founders Capital Management | 800 | $11.5K | 0.01% | 00.0% | Unchanged |
| Quarry LP | 75 | $1.07K | 0.00% | −303−80.2% | Reduced |
| Caitong International Asset Management Co., Ltd | 2 | $29 | 0.00% | +2 | New |
| Merit Financial Group, LLC | 0 | $0 | 0.00% | −1,738,174−100.0% | Sold out |
| Keebeck Wealth Management, LLC | 0 | $0 | 0.00% | −342,785−100.0% | Sold out |
| Rivernorth Capital Management, LLC | 0 | $0 | 0.00% | −273,610−100.0% | Sold out |
| CF Capital LLC | 0 | $0 | 0.00% | −100,000−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −69,997−100.0% | Sold out |
| Magnetar Financial LLC | 0 | $0 | 0.00% | −66,413−100.0% | Sold out |
| Marex Group plc | 0 | $0 | 0.00% | −56,098−100.0% | Sold out |
| MQS Management LLC | 0 | $0 | 0.00% | −45,598−100.0% | Sold out |
| Zuckerman Investment Group, LLC | 0 | $0 | 0.00% | −35,000−100.0% | Sold out |
| BIP Wealth, LLC | 0 | $0 | 0.00% | −30,424−100.0% | Sold out |
| Neuberger Berman Group LLC | 0 | $0 | 0.00% | −30,000−100.0% | Sold out |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −27,751−100.0% | Sold out |
| Voleon Capital Management LP | 0 | $0 | 0.00% | −25,879−100.0% | Sold out |