Kayne Anderson BDC, Inc.

KBDC

Exchange: NYSE
SEC CIK: 0001747172

SEC filings (opens in a new tab)

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.

Q4 2025 vs. Q3 2025

How the institutions holding Kayne Anderson BDC, Inc. changed between Q3 2025 and Q4 2025.

All holders in Q4 2025 All holders in Q3 2025

13F holders of KBDC: Q3 2025 compared with Q4 2025
Measure	Q3 2025	Of which not filed for Q4 2025	Q4 2025	Change
Holders	83	4	87	+8
Shares	27.8M	38.0K	36.7M	+8.89M (+32.0%)
Value	$371.5M	$506.4K	$525.8M	+$154.8M (+41.7%)

4 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (28)

Institutions that held Kayne Anderson BDC, Inc. at the end of Q4 2025 but not at the end of Q3 2025.

Institutions new to KBDC in Q4 2025
Institution	Shares	Value	% of portfolio
State of Michigan Retirement System	6,566,762	$94.0M	0.46%
HF Capital, LLC	2,347,726	$33.6M	20.05%
Van Eck Associates Corp	824,303	$11.8M	0.01%
Squarepoint Ops LLC	224,580	$3.22M	0.01%
Activest Wealth Management	208,396	$2.98M	0.56%
Russell Investments Group, Ltd.	194,177	$2.78M	0.00%
XTX Topco Ltd	90,075	$1.29M	0.03%
Closed-End Fund Advisors, Inc.	73,202	$1.05M	0.62%
Legacy Wealth Advisors, LLC	59,089	$846.2K	0.56%
Citadel Advisors LLC	57,812	$827.9K	0.00%
Verition Fund Management LLC	52,173	$747.1K	0.00%
Point72 Asset Management, L.P.	44,801	$641.5K	0.00%
Quantinno Capital Management LP	43,836	$627.7K	0.00%
Dynamic Technology Lab Private Ltd	35,658	$511.0K	0.12%
Marshall Wace, LLP	31,400	$449.6K	0.00%
Virtu Financial LLC	23,446	$336.0K	0.01%
Price T Rowe Associates Inc	23,066	$331.0K	0.00%
TT Capital Management LLC	21,500	$307.9K	0.25%
Adams Asset Advisors, LLC	20,341	$291.3K	0.04%
Birchview Capital, LP	20,000	$286.4K	0.17%
Belpointe Asset Management LLC	18,180	$260.3K	0.01%
VARCOV Co.	18,104	$259.2K	0.10%
Catalina Capital Group, LLC	15,373	$220.1K	0.14%
Aquatic Capital Management LLC	12,654	$181.2K	0.01%
Platt Wealth Management LLC	12,239	$175.0K	0.17%
Susquehanna International Group, LLP	11,481	$164.4K	0.00%
MAI Capital Management	2,400	$34.4K	0.00%
Caitong International Asset Management Co., Ltd	2	$29	0.00%

Sold out (20)

Institutions that held Kayne Anderson BDC, Inc. at the end of Q3 2025 and filed for Q4 2025 without it.

Institutions that sold out of KBDC in Q4 2025
Institution	Shares, Q3 2025	Value, Q3 2025
Merit Financial Group, LLC	1,738,174	$23.2M
Keebeck Wealth Management, LLC	342,785	$4.70M
Rivernorth Capital Management, LLC	273,610	$3.64M
CF Capital LLC	100,000	$1.33M
HRT Financial LP	69,997	$932.0K
Magnetar Financial LLC	66,413	$884.6K
Marex Group plc	56,098	$747.2K
MQS Management LLC	45,598	$607.4K
Zuckerman Investment Group, LLC	35,000	$466.2K
BIP Wealth, LLC	30,424	$405.2K
Neuberger Berman Group LLC	30,000	$399.6K
Balyasny Asset Management LLC	27,751	$369.6K
Voleon Capital Management LP	25,879	$344.7K
Evoke Wealth, LLC	15,181	$208.3K
Eagle Global Advisors LLC	13,380	$178.2K
Centiva Capital, LP	12,928	$172.2K
Brevan Howard Capital Management LP	11,700	$155.8K
CIBC Private Wealth Group, LLC	8,346	$111.2K
Allworth Financial LP	700	$9.32K
Moisand Fitzgerald Tamayo, LLC	293	$3.90K

Not filed for Q4 2025 yet (4)

Institutions that held Kayne Anderson BDC, Inc. at the end of Q3 2025 and haven't filed a 13F for Q4 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding KBDC in Q3 2025 that haven't filed for Q4 2025
Institution	Shares, Q3 2025	Value, Q3 2025
Promus Capital, LLC	24,881	$331.4K
Cubist Systematic Strategies, LLC	13,040	$173.7K
Point72 (DIFC) Ltd	53	$706
Point72 Europe (London) LLP	47	$626