Golub Capital BDCGBDC
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 354 institutions reported holding Golub Capital BDC Inc. (GBDC) in their 13F filings, up 24 from Q3 2025. 55 opened new positions and 43 sold out. The largest holders were STRS Ohio ($226.7M), Corient Private Wealth LP ($70.8M) and Van Eck Associates Corp. ($63.2M). 5 famous investors held it, including David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and Steve Cohen (0.0% of Point72 Asset Management's portfolio).
- Company
- Golub Capital BDC Inc.
- CUSIP
- 38173M102
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 55 | $47.8M |
| Exits | 43 | $17.9M |
All 13F filers, Q3 2025 → Q4 2025: 12,852,428 shares bought and 8,023,254 shares sold, net +4,829,174 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 354 holders
| STRS Ohio | 0.85% | Add +2.9% | 16,704,760 | $226.7M |
| Corient Private Wealth LP | 0.10% | Reduce -14.3% | 5,217,576 | $70.8M |
| Van Eck Associates Corp. | 0.05% | Reduce -3.9% | 4,656,349 | $63.2M |
| Union Bancaire Privee, UBP SA | 0.67% | Reduce -22.3% | 26,584 | $56.0M |
| Allen Investment Management, LLC | 0.61% | Reduce -2.5% | 4,069,890 | $55.2M |
| JPMorgan Chase & Co. | 0.00% | Add +53.7% | 3,917,312 | $53.2M |
| Sound Income Strategies, LLC | 2.36% | Add +6.6% | 3,602,799 | $49.8M |
| Bank of America Corp. | 0.00% | Reduce -8.2% | 3,515,546 | $47.7M |
| Sage Mountain Advisors LLC | 2.42% | Add +11.0% | 3,360,932 | $45.6M |
| Morgan Stanley | 0.00% | Add +30.8% | 3,048,675 | $41.4M |
| OMERS ADMINISTRATION Corp | 0.29% | Add +24.7% | 3,019,148 | $41.0M |
| UBS Group AG | 0.01% | Add +29.4% | 2,864,751 | $38.9M |
| Ares Management LLC | 2.12% | Add +6.4% | 2,736,210 | $37.1M |
| Generali Asset Management SPA SGR | 0.73% | No change | 2,630,739 | $35.7M |
| Lalia Capital, LLC | 26.34% | — | 2,479,179 | $33.6M |
| Rockefeller Capital Management L.P. | 0.06% | Reduce -22.2% | 2,311,002 | $31.4M |
| HighTower Advisors, LLC | 0.03% | Reduce -9.1% | 2,298,330 | $31.2M |
| Legal & General Group Plc | 0.01% | Add +18.1% | 2,062,851 | $28.0M |
| BlackRock, Inc. | 0.00% | Add +0.5% | 1,992,097 | $27.0M |
| Muzinich & Co., Inc. | 8.36% | Add +20.5% | 1,959,272 | $26.6M |
| Rivernorth Capital Management, LLC | 1.11% | Add +226.6% | 1,714,828 | $23.3M |
| Sumitomo Mitsui Trust Group, Inc. | 0.01% | Add +2.5% | 1,514,544 | $20.6M |
| Arnhold LLC | 1.51% | Add +0.5% | 1,470,089 | $19.9M |
| MAI Capital Management | 0.11% | Add +5.2% | 1,363,944 | $18.5M |
| Boston Partners | 0.02% | Reduce -5.3% | 1,078,691 | $14.7M |
| Bank of Montreal | 0.01% | Add +13.7% | 1,056,492 | $14.3M |
| LSV Asset Management | 0.03% | Reduce -1.2% | 1,029,000 | $14.0M |
| Sigma Investment Counselors Inc. | 0.61% | Add +4.1% | 889,184 | $12.1M |
| Cerity Partners LLC | 0.02% | Reduce -8.8% | 847,337 | $11.5M |
| Border to Coast Pensions Partnership Ltd | 0.19% | No change | 800,000 | $10.9M |
| Raymond James Financial Inc. | 0.00% | Reduce -1.5% | 778,304 | $10.6M |
| Captrust Financial Advisors | 0.02% | Reduce -17.4% | 661,868 | $9.0M |
| Pathstone Holdings, LLC | 0.03% | Add +0.9% | 654,906 | $8.9M |
| Franklin Resources Inc. | 0.00% | Reduce -49.2% | 604,170 | $8.2M |
| Lido Advisors, LLC | 0.03% | Reduce -1.1% | 560,065 | $7.6M |
| LPL Financial LLC | 0.00% | Add +27.1% | 545,278 | $7.4M |
| Commonwealth Equity Services, LLC | 0.01% | Add +316.4% | 516,804 | $7.0M |
| Coastal Bridge Advisors, LLC | 0.51% | New | 498,182 | $6.8M |
| Prairiewood Capital, LLC | 1.92% | Add +19.7% | 456,728 | $6.2M |
| Stifel Financial Corp. | 0.01% | Reduce -15.4% | 451,512 | $6.1M |
| Callodine Capital Management, LP | 0.49% | Reduce -13.7% | 450,000 | $6.1M |
| Two Sigma Investments, LP | 0.01% | Add +1053.2% | 448,000 | $6.1M |
| Closed-End Fund Advisors, Inc. | 3.35% | — | 417,665 | $5.7M |
| Wells Fargo & Company | 0.00% | Reduce -28.2% | 414,892 | $5.6M |
| Arax Advisory Partners | 0.16% | Add +11.3% | 411,251 | $5.6M |
| Focus Partners Wealth | 0.01% | Add +1078.9% | 408,004 | $5.5M |
| Granite FO LLC | 2.90% | Reduce -20.6% | 400,505 | $5.4M |
| Condor Capital Management | 0.41% | Add +2.6% | 373,818 | $5.1M |
| Shikiar Asset Management Inc. | 1.37% | Reduce -8.0% | 373,240 | $5.1M |
| Denali Advisors LLC | 0.56% | Reduce -14.0% | 372,620 | $5.1M |
| Neuberger Berman Group LLC | 0.00% | Reduce -4.5% | 372,321 | $5.1M |
| Hennion & Walsh Asset Management, Inc. | 0.17% | Reduce -14.0% | 371,814 | $5.0M |
| Advisors Capital Management, LLC | 0.06% | Add +3.5% | 370,769 | $5.0M |
| Russell Investments Group, Ltd. | 0.01% | New | 360,576 | $4.9M |
| Advisors Asset Management, Inc. | 0.08% | Add +7.4% | 355,138 | $4.8M |
| Tranquility Partners, LLC | 1.73% | Add +1.2% | 353,494 | $4.8M |
| Brown Advisory Inc. | 0.01% | Reduce -38.8% | 347,590 | $4.7M |
| Confluence Investment Management LLC | 0.07% | Reduce -5.9% | 345,905 | $4.7M |
| CANADA LIFE ASSURANCE Co | 0.01% | Add +4.4% | 345,633 | $4.7M |
| Castlekeep Investment Advisors LLC | 2.06% | Reduce -11.2% | 335,161 | $4.5M |
| North Ground Capital | 2.20% | Add +552.2% | 326,106 | $4.4M |
| State Street Corp. | 0.00% | Add +23.9% | 323,855 | $4.4M |
| &partners | 0.02% | Add +8.5% | 322,032 | $4.4M |
| XTX Topco Ltd | 0.11% | New | 319,407 | $4.3M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Add +18.9% | 301,112 | $4.1M |
| D.A. Davidson & Co. | 0.03% | Add +2.4% | 300,580 | $4.1M |
| D. E. Shaw & Co. | 0.00% | New | 287,334 | $3.9M |
| Robertson Stephens Wealth Management, LLC | 0.10% | New | 271,290 | $3.7M |
| Jane Street Group, LLC | 0.00% | New | 267,002 | $3.6M |
| SCS Capital Management LLC | 0.04% | Reduce -24.1% | 264,231 | $3.6M |
| First National Trust Co | 0.12% | No change | 264,177 | $3.6M |
| Anchor Investment Management, LLC | 0.29% | Reduce -7.6% | 263,995 | $3.6M |
| BNP Paribas Financial Markets | 0.00% | Add +2.7% | 259,828 | $3.5M |
| Mercer Global Advisors Inc. | 0.01% | Add +39.0% | 249,360 | $3.4M |
| Cura Wealth Advisors, LLC | 1.27% | Add +5.5% | 247,700 | $3.4M |
| Next Capital Management LLC | 1.06% | No change | 244,213 | $3.3M |
| Tred Avon Family Wealth, LLC | 1.08% | Add +1.6% | 243,454 | $3.3M |
| Truvestments Capital LLC | 0.58% | Reduce -3.3% | 236,746 | $3.2M |
| Snowden Capital Advisors LLC | 0.08% | Add +6.1% | 220,186 | $3.0M |
| Naviter Wealth, LLC | 0.39% | Reduce -21.5% | 218,463 | $3.0M |
| Parallel Advisors, LLC | 0.05% | Reduce -9.7% | 217,714 | $3.0M |
| United Advisor Group, LLC | 0.37% | Reduce -2.5% | 215,135 | $2.9M |
| Advisor OS, LLC | 0.23% | Add +2.8% | 208,861 | $2.8M |
| GraniteShares Advisors LLC | 1.65% | Reduce -1.5% | 199,627 | $2.7M |
| Ieq Capital, LLC | 0.01% | Add +15.0% | 194,234 | $2.6M |
| Prelude Capital Management, LLC | 0.17% | Reduce -1.0% | 175,000 | $2.4M |
| Envestnet Asset Management Inc. | 0.00% | Add +11.8% | 167,673 | $2.3M |
| Merit Financial Group, LLC | 0.02% | No change | 160,434 | $2.2M |
| Bank of New York Mellon Corp | 0.00% | Add +4.5% | 159,985 | $2.2M |
| Quantbot Technologies LP | 0.07% | Add +921.0% | 152,678 | $2.1M |
| Waterloo Capital, L.P. | 0.15% | Add +2.9% | 151,031 | $2.0M |
| Caxton Associates LLP | 0.04% | New | 147,673 | $2.0M |
| Adams Asset Advisors, LLC | 0.27% | Reduce -4.6% | 146,834 | $2.0M |
| Texas Yale Capital Corp. | 0.06% | Reduce -6.1% | 146,619 | $2.0M |
| Balyasny Asset Management L.P. | 0.00% | New | 138,477 | $1.9M |
| Silverberg Bernstein Capital Management LLC | 1.00% | Add +7.2% | 128,100 | $1.7M |
| Onyx Bridge Wealth Group LLC | 0.18% | Add +3.2% | 127,055 | $1.7M |
| First Trust Advisors LP | 0.00% | Reduce -59.4% | 124,270 | $1.7M |
| HB Wealth Management, LLC | 0.01% | Reduce -50.4% | 123,645 | $1.7M |
| General Partner, Inc. | 0.95% | No change | 123,041 | $1.7M |
"% of holder's portfolio" is GBDC's weight in each manager's 13F, not the share of Golub Capital BDC Inc. the manager owns.