Vault-13

GOLDMAN SACHS BDC INC GSBD

SHS · Common Stock · CUSIP 38147U107

224 institutional holders -4 vs Q1 2025
37,648,09037.6m shares reported held*
33.0% of all shares outstanding*
$475.3mreported value*
25 new 83 added 62 reduced 31 sold out net bought ≈ $27.0m (+2.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($34.8k this quarter). Holder counts are more reliable. Shares outstanding: 114.1m as of 2025-08-06, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $12.63. Options: 3 managers hold calls ($203.2k notional), 2 hold puts ($3.1m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 189Q4 22: 209Q1 23: 214Q2 23: 205Q3 23: 211Q4 23: 214Q1 24: 210Q2 24: 216Q3 24: 203Q4 24: 238Q1 25: 228Q2 25: 224224Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022189
Q4 2022209
Q1 2023214
Q2 2023205
Q3 2023211
Q4 2023214
Q1 2024210
Q2 2024216
Q3 2024203
Q4 2024238
Q1 2025228
Q2 2025224

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q3 23: 91 bought or addedQ3 23: 79 cut or sold outQ4 23: 87 bought or addedQ4 23: 88 cut or sold outQ4 23Q1 24: 101 bought or addedQ1 24: 80 cut or sold outQ2 24: 93 bought or addedQ2 24: 82 cut or sold outQ2 24Q3 24: 89 bought or addedQ3 24: 88 cut or sold outQ4 24: 118 bought or addedQ4 24: 75 cut or sold outQ4 24Q1 25: 111 bought or addedQ1 25: 93 cut or sold outQ2 25: 108 bought or addedQ2 25: 93 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20239179
Q4 20238788
Q1 202410180
Q2 20249382
Q3 20248988
Q4 202411875
Q1 202511193
Q2 202510893

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3m$4mQ3 24 calls: $1.1mQ3 24 puts: $124.7kQ3 24P/C 0.12Q4 24 calls: $219.3kQ4 24 puts: $1.2mQ4 24P/C 5.45Q1 25 calls: $402.0kQ1 25 puts: $4.0mQ1 25P/C 9.83Q2 25 calls: $203.2kQ2 25 puts: $3.1mQ2 25P/C 15.38
Numbers
QuarterCallsPutsP/C
Q3 2024$1.1m$124.7k0.12
Q4 2024$219.3k$1.2m5.45
Q1 2025$402.0k$4.0m9.83
Q2 2025$203.2k$3.1m15.38

Biggest buyers

Generali Asset Management SPA SGR Added +1,131,403+1.1m
Balyasny Asset Management L.P. Added +888,608+888.6k
ROYAL BANK OF CANADA Added +355,234+355.2k
ARES MANAGEMENT LLC Added +336,437+336.4k
OSAIC HOLDINGS, INC. Added +332,002+332.0k
TRANSCEND CAPITAL ADVISORS, LLC Added +285,222+285.2k
COMMONWEALTH EQUITY SERVICES, LLC Added +244,867+244.9k
BlackRock, Inc. Added +207,508+207.5k
VAN ECK ASSOCIATES CORP Added +199,793+199.8k
MARSHALL WACE, LLP New +162,818+162.8k

Biggest sellers

Qube Research & Technologies Ltd Reduced -353,438-353.4k
MORGAN STANLEY Reduced -339,621-339.6k
North Ground Capital Sold out -280,000-280.0k
JPMORGAN CHASE & CO Reduced -246,594-246.6k
ICON ADVISERS INC/CO Reduced -216,640-216.6k
GREAT LAKES ADVISORS, LLC Sold out -177,915-177.9k
HighTower Advisors, LLC Reduced -141,171-141.2k
ENVESTNET ASSET MANAGEMENT INC Sold out -125,142-125.1k
MILLENNIUM MANAGEMENT LLC Sold out -99,675-99.7k
Stratos Wealth Partners, LTD. Reduced -77,077-77.1k

Biggest calls

GROUP ONE TRADING LLC Added $155.2k13.8k shares
SIMPLEX TRADING, LLC Reduced $48.0k4.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.1m190.5k shares
CITADEL ADVISORS LLC Reduced $982.1k87.3k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q2 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 1 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—1$16.1k—
Q1 20250—0——
Q2 20250—0——

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 6,511,3556.5m $73.3m $73.3m 0.01% Unchanged
2 Generali Asset Management SPA SGR 0.84% of their portfolio TRIESTE, L6 3,294,0223.3m $37.1m $37.1m 0.84% Added +1.1m +1,131,403
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,830,6642.8m $31.8m $31.8m 0.00% Reduced -339.6k -339,621
4 VAN ECK ASSOCIATES CORP 0.04% of their portfolio NEW YORK, NY 2,800,0812.8m $31.5m $31.5m 0.04% Added +199.8k +199,793
5 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 1,103,8701.1m $12.4m $12.4m 0.03% Added +888.6k +888,608
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,069,2761.1m $12.0m $12.0m 0.00% Added +26.3k +26,257
7 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 931,618931.6k $10.5m $10.5m 0.00% Added +53.7k +53,678
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 862,929862.9k $9.7m $9.7m 0.00% Added +37.3k +37,339
9 ARES MANAGEMENT LLC 0.46% of their portfolio LOS ANGELES, CA 798,421798.4k $9.0m $9.0m 0.46% Added +336.4k +336,437
10 Legal & General Group Plc 0.00% of their portfolio London, X0 776,615776.6k $8.7m $8.7m 0.00% Reduced -4.2k -4,171
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 723,470723.5k $8.1m $8.1m 0.00% Added +355.2k +355,234
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 718,201718.2k $8.1m $8.1m 0.00% Added +207.5k +207,508
13 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 631,597631.6k $7.1m $7.1m 0.00% Reduced -51.7k -51,674
14 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 520,676520.7k $5.9m $5.9m 0.01% Added +332.0k +332,002
15 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 517,399517.4k $5.8m $5.8m 0.01% Added +244.9k +244,867
16 Muzinich & Co., Inc. 2.61% of their portfolio NEW YORK, NY 507,937507.9k $5.7m $5.7m 2.61% Added +73.8k +73,790
17 Advisors Capital Management, LLC 0.07% of their portfolio RIDGEWOOD, NJ 486,553486.6k $5.5m $5.5m 0.07% Added +61.8k +61,821
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 469,313469.3k $5.3m $5.3m 0.00% Reduced -40.5k -40,474
19 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 460,377460.4k $5.2m $5.2m 0.01% Reduced -353.4k -353,438
20 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 457,137457.1k $5.1m $5.1m 0.00% Added +39.1k +39,067
21 TRANSCEND CAPITAL ADVISORS, LLC 0.37% of their portfolio MADISON, NJ 421,763421.8k $4.7m $4.7m 0.37% Added +285.2k +285,222
22 Adams Asset Advisors, LLC 0.52% of their portfolio DALLAS, TX 325,788325.8k $3.7m $3.7m 0.52% Added +57.2k +57,195
23 Hennion & Walsh Asset Management, Inc. 0.15% of their portfolio Parsippany, NJ 323,282323.3k $3.6m $3.6m 0.15% Added +56.6k +56,617
24 Meridian Wealth Management, LLC 0.15% of their portfolio LEXINGTON, KY 310,549310.5k $3.5m $3.5m 0.15% Reduced -2.7k -2,742
25 First National Trust Co 0.13% of their portfolio Johnstown, PA 310,372310.4k $3.5m $3.5m 0.13% Added +88.9k +88,889
26 BI Asset Management Fondsmaeglerselskab A/S 0.03% of their portfolio KOBENHAVN, G7 294,002294.0k $3.3m $3.3m 0.03% Added +94.8k +94,828
27 SAGE RHINO CAPITAL LLC 0.66% of their portfolio MENLO PARK, CA 276,485276.5k $3.1m $3.1m 0.66% Added +12.7k +12,700
28 Trexquant Investment LP 0.03% of their portfolio STAMFORD, CT 268,114268.1k $3.0m $3.0m 0.03% Reduced -37.6k -37,620
29 GraniteShares Advisors LLC 1.62% of their portfolio NEW YORK, NY 234,191234.2k $2.6m $2.6m 1.62% Added +14.6k +14,641
30 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 226,889226.9k $2.6m $2.6m 0.00% Reduced -17.8k -17,845
31 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 222,869222.9k $2.6m $2.6m 0.01% Added +62.4k +62,353
32 SHIKIAR ASSET MANAGEMENT INC 0.68% of their portfolio NEW YORK, NY 216,500216.5k $2.4m $2.4m 0.68% Reduced -67.3k -67,290
33 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 215,525215.5k $2.4m $2.4m 0.00% Added +46.1k +46,128
34 Round Rock Advisors LLC 0.40% of their portfolio WILTON, CT 207,410207.4k $2.3m $2.3m 0.40% Added +1.5k +1,534
35 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 201,312201.3k $2.3m $2.3m 0.00% Added +59.7k +59,696
36 Naviter Wealth, LLC 0.27% of their portfolio LITTLE ROCK, AR 185,208185.2k $2.2m $2.2m 0.27% Added +37.8k +37,758
37 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 171,716171.7k $1.9m $1.9m 0.03% Reduced -77.1k -77,077
38 DENALI ADVISORS LLC 0.20% of their portfolio SAN DIEGO, CA 166,725166.7k $1.9m $1.9m 0.20% Reduced -3.7k -3,727
39 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.03% of their portfolio ST. LOUIS, MO 164,711164.7k $1.9m $1.9m 0.03% Reduced -11.1k -11,072
40 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 162,818162.8k $1.8m $1.8m 0.00% New
41 Quadrant Private Wealth Management, LLC 0.39% of their portfolio Center Valley, PA 160,271160.3k $1.9m $1.9m 0.39% Reduced -46.0k -46,008
42 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 146,807146.8k $1.7m $1.7m 0.00% Reduced -141.2k -141,171
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 144,680144.7k $1.6m $1.6m 0.00% Reduced -246.6k -246,594
44 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 140,000140.0k $1.6m $1.6m 0.00% Unchanged
45 United Advisor Group, LLC 0.26% of their portfolio CINCINNATI, OH 131,683131.7k $1.5m $1.5m 0.26% Reduced -1.3k -1,296
46 Maia Wealth LLC 0.26% of their portfolio DENVER, CO 123,389123.4k $1.4m $1.4m 0.26% Added +23.3k +23,309
47 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 118,301118.3k $1.3m $1.3m 0.00% Added +16.0k +15,999
48 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 116,279116.3k $1.3m $1.3m 0.00% Added +5.3k +5,255
49 Capital Market Strategies LLC 0.89% of their portfolio PALM BEACH GARDENS, FL 114,000114.0k $1.3m $1.3m 0.89% Reduced -34.9k -34,903
50 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 112,300112.3k $1.3m $1.3m 0.00% Added +80.9k +80,910
51 Stiles Financial Services Inc 0.43% of their portfolio EDINA, MN 111,007111.0k $1.2m $1.2m 0.43% Added +26.9k +26,924
52 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 109,243109.2k $1.2m $1.2m 0.00% Added +82.2k +82,233
53 Virtus Investment Advisers, LLC 0.41% of their portfolio HARTFORD, CT 107,735107.7k $1.2m $1.2m 0.41% Reduced -1.9k -1,902
54 Garner Asset Management Corp 0.56% of their portfolio PLANO, TX 107,058107.1k $1.2m $1.2m 0.56% Added +86 +86
55 Investment Partners Asset Management, Inc. 0.83% of their portfolio METUCHEN, NJ 106,141106.1k $1.2m $1.2m 0.83% Added +3.8k +3,841
56 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 101,601101.6k $1.1m $1.1m 0.00% Reduced -4.3k -4,349
57 Garde Capital, Inc. 0.06% of their portfolio SEATTLE, WA 100,500100.5k $1.1m $1.1m 0.06% Added +1.0k +1,000
58 QVT Financial LP 0.16% of their portfolio New York, NY 100,000100.0k $1.1m $1.1m 0.16% New
59 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 98,79398.8k $1.1m $1.1m 0.00% Reduced -25.8k -25,788
60 Autumn Glory Partners, LLC 0.51% of their portfolio DALLAS, TX 96,94396.9k $1.1m $1.1m 0.51% Unchanged
61 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 94,63894.6k $1.1m $1.1m 0.00% Added +33.1k +33,102
62 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 91,49491.5k $1.0m $1.0m 0.00% Reduced -14.3k -14,306
63 Privium Fund Management (UK) Ltd 0.67% of their portfolio LONDON, X0 91,10091.1k $1.0m $1.0m 0.67% Reduced -14.7k -14,700
64 J.W. COLE ADVISORS, INC. 0.02% of their portfolio TAMPA, FL 90,81490.8k $1.0m $1.0m 0.02% Added +11.1k +11,103
65 Cohen Capital Management, Inc. 0.16% of their portfolio CORTE MADERA, CA 89,65789.7k $1.0m $1.0m 0.16% Added +6 +6
66 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 88,36688.4k $994.1k $994.1k 0.03% Reduced -2.6k -2,574
67 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 86,22486.2k $970.0k $970.0k 0.01% Added +19.0k +18,956
68 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 86,05286.1k $968.1k $968.1k 0.00% Added +8.4k +8,370
69 PFG Investments, LLC 0.06% of their portfolio WOODBURY, NY 85,20585.2k $958.6k $958.6k 0.06% Added +11.3k +11,322
70 Zuckerman Investment Group, LLC 0.09% of their portfolio CHICAGO, IL 85,00085.0k $956.2k $956.2k 0.09% Added +8.0k +8,000
71 Fort Point Capital Partners LLC 0.10% of their portfolio San Francisco, CA 81,92581.9k $961.0k $961.0k 0.10% Unchanged
72 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 74,93174.9k $843.0k $843.0k 0.01% Reduced -60.5k -60,513
73 Arcus Capital Partners, LLC 0.34% of their portfolio ATLANTA, GA 69,37469.4k $780.5k $780.5k 0.34% Reduced -740 -740
74 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.24% of their portfolio WALTHAM, MA 64,55864.6k $726.3k $726.3k 0.24% Added +5.2k +5,192
75 PURSUE WEALTH PARTNERS LLC 0.41% of their portfolio ALAMO, CA 63,75363.8k $717.2k $717.2k 0.41% Reduced -42.4k -42,429
76 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 63,06963.1k $709.5k $709.5k 0.02% Reduced -21.3k -21,309
77 OLYMPUS WEALTH MANAGEMENT, LLC 0.24% of their portfolio COTTONWOOD HEIGHTS, UT 62,32862.3k $701.2k $701.2k 0.24% Unchanged
78 KRAEMATON INVESTMENT ADVISORS, INC 0.65% of their portfolio BRAINTREE, MA 61,33161.3k $690.0k $690.0k 0.65% Added +969 +969
79 Hibernia Wealth Partners, LLC 0.25% of their portfolio BATON ROUGE, LA 61,02961.0k $686.6k $686.6k 0.25% Added +23.2k +23,196
80 Icon Wealth Advisors, LLC 0.04% of their portfolio HOUSTON, TX 56,05456.1k $630.6k $630.6k 0.04% Added +6.3k +6,289
81 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 55,55455.6k $625.0k $625.0k 0.00% Added +1.6k +1,599
82 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 50,16550.2k $564.4k $564.4k 0.01% Added +3.7k +3,700
83 Advisors Asset Management, Inc. 0.01% of their portfolio Monument, CO 47,56647.6k $535.1k $535.1k 0.01% Reduced -63.9k -63,861
84 Financial Alternatives, Inc 0.34% of their portfolio LA JOLLA, CA 46,98247.0k $528.5k $528.5k 0.34% Reduced -875 -875
85 Mandatum Life Insurance Co Ltd 0.14% of their portfolio HELSINKI, H9 46,85246.9k $527.1k $527.1k 0.14% Reduced -9.5k -9,519
86 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 45,74545.7k $514.6k $514.6k 0.01% Reduced -1.5k -1,500
87 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 45,20045.2k $508.5k $508.5k 0.01% Unchanged
88 Texas Yale Capital Corp. 0.02% of their portfolio ST. PETERSBURG, FL 45,13545.1k $507.8k $507.8k 0.02% Reduced -8.2k -8,179
89 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 44,89344.9k $505.0k $505.0k 0.00% Reduced -7.4k -7,448
90 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 44,31144.3k $498.5k $498.5k 0.00% Reduced -56.4k -56,419
91 WEALTH ALLIANCE, LLC 0.06% of their portfolio MELLVILLE, NY 43,95544.0k $494.5k $494.5k 0.06% Added +23.6k +23,610
92 Whipplewood Advisors, LLC 0.26% of their portfolio LITTLETON, CO 42,57542.6k $479.0k $479.0k 0.26% Added +42.1k +42,068
93 Founders Financial Alliance, LLC 0.11% of their portfolio RALEIGH, NC 41,31041.3k $464.7k $464.7k 0.11% Added +206 +206
94 BALDWIN WEALTH PARTNERS LLC/MA 0.03% of their portfolio Marion, MA 40,95441.0k $460.7k $460.7k 0.03% Unchanged
95 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 40,19740.2k $452.2k $452.2k 0.00% Added +2.8k +2,756
96 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 39,82139.8k $459.5k $459.5k 0.00% Added +283 +283
97 ICON ADVISERS INC/CO 0.10% of their portfolio GREENWOOD VILLAGE, CO 38,92038.9k $437.9k $437.9k 0.10% Reduced -216.6k -216,640
98 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 38,61038.6k $452.9k $452.9k 0.01% Added +1.7k +1,742
99 SeaCrest Wealth Management, LLC 0.04% of their portfolio PURCHASE, NY 35,18835.2k $395.9k $395.9k 0.04% Added +533 +533
100 NORDEN GROUP LLC 0.04% of their portfolio PROVO, UT 34,93934.9k $393.1k $393.1k 0.04% Added +13.9k +13,872