DaveManuel.com · Institutional Ownership · Who Owns It
GOLUB CAP BDC INC (GBDC)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
323
Reporting holders
$1.6B
Reported value
47.2%
Of shares outstanding
0.2%
Calls
0.2%
Puts
-30
Holder change
Institutions report 122,601,356 shares against 259,651,589 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| STRS OHIO | $226.4M | 17,576,643 | 0.85% | 28q | +2.5%+$5.6M |
| HighTower Advisors, LLC | $94.6M | 7,345,885 | 0.09% | 31q | +4.2%+$3.9M |
| VAN ECK ASSOCIATES CORP | $60.7M | 4,710,275 | 0.04% | 31q | +11.0%+$6.0M |
| Sound Income Strategies, LLC | $49.9M | 3,876,087 | 2.24% | 31q | +3.3%+$1.6M |
| UBS Group AG | $49.6M | 3,849,396 | 0.01% | 31q | -5.1%-$2.7M |
| Sage Mountain Advisors LLC | $49.3M | 3,829,164 | 3.03% | 23q | +1.9%+$938.9K |
| OMERS ADMINISTRATION Corp | $47.0M | 3,650,215 | 0.28% | 20q | +2.5%+$1.2M |
| BANK OF AMERICA CORP /DE/ | $43.7M | 3,392,551 | 0.00% | 31q | +3.8%+$1.6M |
| JPMORGAN CHASE & CO | $43.2M | 3,384,088 | 0.00% | 31q | -3.8%-$1.7M |
| ARES MANAGEMENT LLC | $43.2M | 3,357,115 | 1.88% | 26q | +9.8%+$3.8M |
| Allen Investment Management, LLC | $40.9M | 3,174,058 | 0.49% | 31q | -5.7%-$2.5M |
| Corient Private Wealth LP | $40.7M | 3,162,346 | 0.06% | 15q | -30.2%-$17.6M |
| Rockefeller Capital Management L.P. | $36.1M | 2,799,784 | 0.06% | 27q | HELD |
| Generali Asset Management SPA SGR | $33.9M | 2,630,739 | 0.61% | 6q | HELD |
| Lalia Capital, LLC | $33.6M | 2,605,281 | 16.31% | 3q | +2.5%+$816.0K |
| Legal & General Group Plc | $31.5M | 2,443,383 | 0.01% | 31q | +9.1%+$2.6M |
| MORGAN STANLEY | $30.3M | 2,354,219 | 0.00% | 35q | +19.1%+$4.9M |
| Muzinich & Co., Inc. | $26.5M | 2,055,071 | 9.04% | 31q | +3.5%+$896.2K |
| Russell Investments Group, Ltd. | $22.7M | 1,765,242 | 0.02% | 3q | +37.6%+$6.2M |
| FRANKLIN RESOURCES INC | $21.3M | 1,652,518 | 0.00% | 10q | +44.0%+$6.5M |
| Sumitomo Mitsui Trust Group, Inc. | $20.0M | 1,552,650 | 0.01% | 26q | +2.5%+$490.8K |
| Arnhold LLC | $19.8M | 1,537,089 | 1.39% | 31q | HELD |
| Ensign Peak Advisors, Inc | $16.6M | 1,289,976 | 0.03% | new | NEW |
| BlackRock, Inc. | $16.2M | 1,258,215 | 0.00% | 8q | +5.4%+$829.4K |
| MAI Capital Management | $15.9M | 1,235,407 | 0.06% | 7q | +1.2%+$188.9K |
| Coastal Bridge Advisors, LLC | $15.4M | 1,193,180 | 0.95% | 3q | -7.7%-$1.3M |
| CAZ INVESTMENTS LP | $13.6M | 1,053,478 | 1.32% | 2q | +3411.6%+$13.2M |
| Hirtle & Co., LLC | $13.0M | 1,009,620 | 0.43% | 22q | -0.7%-$90.9K |
| Union Bancaire Privee, UBP SA | $12.6M | 6,165? | 0.14% | 7q | |
| BROWN BROTHERS HARRIMAN & CO | $12.1M | 942,550 | 0.05% | 2q | HELD |
| Nuveen, LLC | $12.1M | 931,687 | 0.00% | new | NEW |
| SIGMA INVESTMENT COUNSELORS INC | $11.9M | 922,439 | 0.58% | 6q | -1.5%-$179.5K |
| Arax Advisory Partners | $11.1M | 864,877 | 0.07% | 5q | +100.6%+$5.6M |
| WELLS FARGO & COMPANY/MN | $11.0M | 853,625 | 0.00% | 31q | +14.8%+$1.4M |
| Cerity Partners LLC | $10.5M | 812,128 | 0.01% | 27q | -5.3%-$583.7K |
| BANK OF MONTREAL /CAN/ | $9.7M | 753,317 | 0.00% | 8q | -28.7%-$3.9M |
| D. E. Shaw & Co., Inc. | $8.8M | 684,435 | 0.00% | 3q | -28.2%-$3.5M |
| Prairiewood Capital, LLC | $7.2M | 562,432 | 1.88% | 20q | +7.9%+$528.1K |
| MERCER GLOBAL ADVISORS INC /ADV | $7.2M | 557,919 | 0.01% | 7q | +52.1%+$2.5M |
| Next Capital Management LLC | $6.5M | 505,442 | 1.76% | 31q | -10.9%-$795.5K |
| Lido Advisors, LLC | $6.4M | 498,198 | 0.02% | 31q | +1.3%+$81.4K |
| CAPTRUST FINANCIAL ADVISORS | $6.1M | 474,325 | 0.01% | 16q | HELD |
| IEQ CAPITAL, LLC | $5.9M | 458,427 | 0.03% | 27q | +77.0%+$2.6M |
| Janney Montgomery Scott LLC | $5.7M | 442,331 | 0.01% | 17q | +260.5%+$4.1M |
| Focus Partners Wealth | $5.7M | 439,175 | 0.01% | 7q | +7.4%+$388.2K |
| COMMONWEALTH EQUITY SERVICES, LLC | $5.6M | 438,634 | 0.01% | 31q | -12.4%-$796.9K |
| Advisors Capital Management, LLC | $5.6M | 435,853 | 0.06% | 31q | +11.5%+$579.7K |
| Pathstone Holdings, LLC | $5.5M | 423,216 | 0.02% | 11q | -1.3%-$69.0K |
| Advisors Asset Management, Inc. | $5.4M | 421,314 | 0.08% | 17q | +11.1%+$543.9K |
| CONDOR CAPITAL MANAGEMENT | $5.4M | 415,746 | 0.40% | 25q | -0.8%-$41.5K |
| LSV ASSET MANAGEMENT | $5.3M | 409,860 | 0.01% | 23q | -51.5%-$5.6M |
| RAYMOND JAMES FINANCIAL INC | $5.1M | 392,900 | 0.00% | 7q | -6.8%-$371.0K |
| FIRST TRUST ADVISORS LP | $4.9M | 380,183 | 0.00% | 21q | +91.2%+$2.3M |
| STATE STREET CORP | $4.9M | 378,044 | 0.00% | 6q | +17.8%+$737.2K |
| Granite FO LLC | $4.8M | 374,795 | 2.55% | 15q | HELD |
| Wealthspire Advisors, LLC | $4.8M | 374,135 | 0.03% | 7q | HELD |
| CASTLEKEEP INVESTMENT ADVISORS LLC | $4.7M | 366,121 | 2.36% | 11q | +5.6%+$250.5K |
| LPL Financial LLC | $4.7M | 363,782 | 0.00% | 31q | -24.1%-$1.5M |
| Tranquility Partners, LLC | $4.5M | 349,982 | 1.55% | 26q | -3.5%-$165.2K |
| TWO SIGMA INVESTMENTS, LP | $4.4M | 344,707 | 0.00% | 25q | +142.0%+$2.6M |
| ENVESTNET ASSET MANAGEMENT INC | $4.4M | 344,100 | 0.00% | 23q | +13.9%+$541.4K |
| BROWN ADVISORY INC | $4.4M | 343,374 | 0.01% | 31q | -0.7%-$30.7K |
| DENALI ADVISORS LLC | $4.4M | 342,960 | 0.44% | 8q | -6.1%-$287.5K |
| D.A. DAVIDSON & CO. | $4.3M | 331,237 | 0.02% | 20q | +5.4%+$218.2K |
| CANADA LIFE ASSURANCE Co | $4.2M | 330,356 | 0.01% | 27q | +14.8%+$548.0K |
| CONFLUENCE INVESTMENT MANAGEMENT LLC | $4.2M | 327,523 | 0.07% | 31q | HELD |
| Hennion & Walsh Asset Management, Inc. | $4.2M | 323,215 | 0.12% | 22q | +2.1%+$83.8K |
| STIFEL FINANCIAL CORP | $4.0M | 312,605 | 0.00% | 31q | +2.7%+$105.5K |
| BNP PARIBAS FINANCIAL MARKETS | $4.0M | 307,379 | 0.00% | 14q | +8.7%+$316.7K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $3.9M incl. $3.4M options CALL+PUT | 42,416 | 0.00% | 12q | +136.3%+$2.3M |
| NEUBERGER BERMAN GROUP LLC | $3.9M | 302,407 | 0.00% | 31q | -17.2%-$811.8K |
| Border to Coast Pensions Partnership Ltd | $3.9M | 300,000 | 0.06% | 18q | -52.0%-$4.2M |
| &PARTNERS | $3.8M | 297,235 | 0.02% | 8q | -4.0%-$161.0K |
| Family Manage LLC | $3.7M | 287,881 | 0.38% | 15q | +26.0%+$764.5K |
| CITADEL ADVISORS LLC | $3.6M incl. $194.5K options CALL | 264,210 | 0.00% | 31q | +766.4%+$3.2M |
| Robertson Stephens Wealth Management, LLC | $3.6M | 275,686 | 0.09% | 3q | HELD |
| Naviter Wealth, LLC | $3.5M | 267,898 | 0.31% | 14q | +4.6%+$153.3K |
| TRED AVON FAMILY WEALTH, LLC | $3.2M | 250,990 | 0.99% | 4q | +1.5%+$48.8K |
| United Advisor Group, LLC | $3.1M | 242,994 | 0.33% | 10q | HELD |
| Anchor Investment Management, LLC | $3.1M | 239,802 | 0.23% | 42q | HELD |
| OPPENHEIMER & CO INC | $3.0M | 236,264 | 0.03% | 8q | +4.7%+$135.5K |
| SHIKIAR ASSET MANAGEMENT INC | $2.9M | 223,750 | 0.73% | 21q | -11.0%-$354.9K |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $2.8M | 220,056 | 0.00% | 7q | -27.8%-$1.1M |
| Snowden Capital Advisors LLC | $2.8M | 215,791 | 0.07% | 16q | HELD |
| GraniteShares Advisors LLC | $2.7M | 206,101 | 1.71% | 19q | +15.1%+$347.4K |
| HB Wealth Management, LLC | $2.3M | 179,528 | 0.01% | 19q | +20.2%+$388.8K |
| Adams Asset Advisors, LLC | $2.3M | 177,299 | 0.26% | 8q | +17.8%+$344.9K |
| PRELUDE CAPITAL MANAGEMENT, LLC | $2.3M | 176,750 | 0.17% | 7q | +1.0%+$22.5K |
| Waterloo Capital, L.P. | $2.2M | 171,770 | 0.12% | 11q | -53.6%-$2.6M |
| Bank of New York Mellon Corp | $2.2M | 170,131 | 0.00% | 26q | -1.3%-$29.6K |
| Silverberg Bernstein Capital Management LLC | $2.0M | 155,944 | 0.77% | 11q | +2.4%+$47.2K |
| Bayshore Capital Advisors, LLC | $1.9M | 144,908 | 0.87% | 2q | +141.5%+$1.1M |
| STABLEFORD CAPITAL II LLC | $1.8M | 140,804 | 0.63% | 3q | -2.0%-$36.8K |
| Texas Yale Capital Corp. | $1.8M | 138,654 | 0.04% | 31q | HELD |
| Cetera Investment Advisers | $1.8M | 138,356 | 0.00% | 22q | +15.4%+$237.7K |
| Parallel Advisors, LLC | $1.7M | 135,134 | 0.03% | 29q | -4.2%-$76.4K |
| Advisor OS, LLC | $1.7M | 131,847 | 0.11% | 8q | -38.4%-$1.1M |
| Focused Wealth Management, Inc | $1.6M | 125,391 | 0.14% | 9q | -4.9%-$82.5K |
| LRI Investments, LLC | $1.6M | 124,179 | 0.13% | 8q | +1.3%+$20.7K |
| General Partner, Inc. | $1.6M | 123,041 | 0.85% | 15q | HELD |
Showing the largest 100 of 324 reported holders. The count of 323 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-07 | Golub David | Chairman & CEO | Sold | 1,676,387 | $21.9M |
| 2026-08-07 | Golub Lawrence E | Director | Sold | 1,676,387 | $21.9M |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 100 | $264.4M | 21,057,123 | 13 | 34 | 27 | 0.0% |
| Q2 2026 | 323 | $1.6B | 122,601,356 | 27 | 122 | 95 | 0.3% |
| Q1 2026 | 353 | $1.5B | 119,257,201 | 53 | 122 | 107 | 0.3% |
| Q4 2025 | 358 | $1.6B | 120,413,154 | 57 | 103 | 122 | 0.1% |
| Q3 2025 | 333 | $1.5B | 109,721,218 | 42 | 125 | 80 | 0.1% |
| Q2 2025 | 322 | $1.5B | 105,325,168 | 28 | 125 | 95 | 0.2% |
| Q1 2025 | 339 | $1.7B | 111,809,828 | 48 | 146 | 83 | 0.1% |
| Q4 2024 | 329 | $1.6B | 104,656,191 | 51 | 122 | 79 | 0.2% |
| Q3 2024 | 288 | $1.5B | 98,253,400 | 39 | 120 | 68 | 0.2% |
| Q2 2024 | 296 | $1.6B | 99,130,885 | 60 | 124 | 51 | 0.1% |
| Q1 2024 | 256 | $1.2B | 72,272,336 | 32 | 107 | 57 | 0.1% |
| Q4 2023 | 262 | $1.1B | 73,716,789 | 31 | 91 | 72 | 0.1% |
| Q3 2023 | 250 | $1.0B | 68,800,270 | 32 | 91 | 64 | 0.1% |
| Q2 2023 | 242 | $949.2M | 70,241,392 | 28 | 81 | 64 | 0.1% |
| Q1 2023 | 230 | $1.3B | 93,694,263 | 14 | 84 | 75 | 0.1% |
| Q4 2022 | 252 | $977.9M | 74,126,242 | 38 | 80 | 80 | 0.3% |
| Q3 2022 | 224 | $1.3B | 107,075,760 | 29 | 81 | 61 | 0.2% |
| Q2 2022 | 236 | $1.4B | 109,792,941 | 27 | 90 | 63 | 0.1% |
| Q1 2022 | 234 | $1.7B | 114,129,787 | 31 | 75 | 62 | 0.1% |
| Q4 2021 | 226 | $1.7B | 112,392,405 | 32 | 80 | 55 | 0.1% |
| Q3 2021 | 203 | $1.6B | 102,092,785 | 24 | 71 | 56 | 0.1% |
| Q2 2021 | 199 | $1.5B | 100,007,925 | 19 | 71 | 58 | 0.1% |
| Q1 2021 | 202 | $1.5B | 100,924,510 | 34 | 54 | 63 | 0.1% |
| Q4 2020 | 186 | $1.4B | 98,815,473 | 29 | 63 | 49 | 0.1% |
| Q3 2020 | 172 | $1.3B | 96,854,479 | 17 | 51 | 68 | 0.3% |
| Q2 2020 | 184 | $1.4B | 119,903,271 | 26 | 84 | 45 | 0.1% |
| Q1 2020 | 193 | $1.7B | 135,746,365 | 34 | 61 | 67 | 0.0% |
| Q4 2019 | 186 | $3.0B | 161,255,885 | 27 | 77 | 34 | 0.0% |
| Q3 2019 | 166 | $6.4B | 340,046,401 | 24 | 55 | 46 | 0.0% |
| Q2 2019 | 158 | $8.5B | 477,859,041 | 22 | 53 | 38 | 0.0% |
| Q1 2019 | 154 | $47.0B | 2,628,088,769 | 18 | 49 | 45 | 0.0% |
| Q4 2018 | 152 | $47.3B | 2,870,621,834 | 5 | 4 | 3 | 0.0% |