Vault-13

KAYNE ANDERSON BDC INC KBDC

COM SHS · Common Stock · CUSIP 48662X105

93 institutional holders +0 vs Q1 2026
31,978,59532.0m shares reported held*
48.4% of all shares outstanding*
$433.3mreported value*
16 new 33 added 20 reduced 16 sold out net sold ≈ $65.2m (-4.8m 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. Holder counts are more reliable. Shares outstanding: 66.0m as of 2026-08-05, 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 ≈ $13.55.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q2 24: 17Q3 24: 21Q4 24: 48Q1 25: 63Q2 25: 71Q3 25: 83Q4 25: 87Q1 26: 93Q2 26: 9393Q2 24Q4 24Q2 25Q4 25Q2 26
Numbers
QuarterHolders
Q2 202417
Q3 202421
Q4 202448
Q1 202563
Q2 202571
Q3 202583
Q4 202587
Q1 202693
Q2 202693

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 24: 14 bought or addedQ3 24: 6 cut or sold outQ4 24: 40 bought or addedQ4 24: 6 cut or sold outQ4 24Q1 25: 50 bought or addedQ1 25: 15 cut or sold outQ2 25: 43 bought or addedQ2 25: 32 cut or sold outQ2 25Q3 25: 44 bought or addedQ3 25: 29 cut or sold outQ4 25: 38 bought or addedQ4 25: 45 cut or sold outQ4 25Q1 26: 42 bought or addedQ1 26: 35 cut or sold outQ2 26: 49 bought or addedQ2 26: 36 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024146
Q4 2024406
Q1 20255015
Q2 20254332
Q3 20254429
Q4 20253845
Q1 20264235
Q2 20264936

Biggest buyers

Columbus Macro, LLC New +610,736+610.7k
ENVESTNET ASSET MANAGEMENT INC New +608,963+609.0k
Cetera Investment Advisers New +590,495+590.5k
Russell Investments Group, Ltd. Added +244,504+244.5k
MORGAN STANLEY Added +204,063+204.1k
RENAISSANCE TECHNOLOGIES LLC Added +105,507+105.5k
UBS Group AG Added +99,744+99.7k
MILLENNIUM MANAGEMENT LLC Added +81,496+81.5k
Adams Asset Advisors, LLC Added +80,822+80.8k
AMERICAN FINANCIAL GROUP INC Added +78,000+78.0k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -5,440,637-5.4m
Koch, Inc. Reduced -1,696,347-1.7m
Corient Private Wealth LP Reduced -193,585-193.6k
Callodine Capital Management, LP Reduced -190,366-190.4k
JANE STREET GROUP, LLC Reduced -159,680-159.7k
HF Capital, LLC Reduced -128,160-128.2k
Activest Wealth Management Reduced -97,829-97.8k
Sage Mountain Advisors LLC Reduced -64,788-64.8k
Pathstone Holdings, LLC Reduced -55,137-55.1k
XTX Topco Ltd Reduced -43,133-43.1k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Koch Companies Defined Benefit Master Trust 13G · institution filed 2026-08-14 13.2% 8.7m≈ $117.7m 2026-08-14
STATE OF MICHIGAN RETIREMENT SYSTEM 13G · institution new · filed 2026-01-15 9.6% new 6.6m≈ $88.8m 2026-01-15
BANK OF AMERICA CORP /DE/ 13G · institution +1.5 pts · filed 2026-02-12 8.0% +1.5 pts 5.4m≈ $73.7m 2026-02-12

Insider purchases and sales since 1 Apr 2026

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
101Q4 24: 1 buyingQ4 24: 0 sellingQ1 25: 1 buyingQ1 25: 0 sellingQ1 25Q2 25: 1 buyingQ2 25: 1 sellingQ3 25: 1 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 1 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 1 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20241$41.4k0——
Q1 20251$82.0k0——
Q2 20251$2.6m1$8.1m—
Q3 20251$5.0k0——
Q4 20250—0——
Q1 20261$137.6k0——
Q2 20260—0——
Q3 20261$10.0m0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-09-28 ROBO JAMES L Director · Ventus Capital, LLC Bought 146,755 $13.03 $1.9m146.8k shares +24%
2026-09-24 ROBO JAMES L Director · Ventus Capital, LLC Bought 105,000 $13.05 $1.4m105.0k shares +20%
2026-09-23 ROBO JAMES L Director · Ventus Capital, LLC Bought 94,120 $13.08 $1.2m94.1k shares +22%
2026-09-22 ROBO JAMES L Director · Ventus Capital, LLC Bought 20,841 $13.14 $273.9k20.8k shares +5%
2026-09-16 ROBO JAMES L Director · Ventus Capital, LLC Bought 340,000 $13.04 $4.4m340.0k shares +567%
2026-09-14 ROBO JAMES L Director · Ventus Capital, LLC Bought 60,000 $13.02 $781.2k60.0k shares new

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Koch, Inc. 12.96% of their portfolio WICHITA, KS 10,485,00410.5m $141.9m $141.9m 12.96% Reduced -1.7m -1,696,347
2 STATE OF MICHIGAN RETIREMENT SYSTEM 0.39% of their portfolio EAST LANSING, MI 6,566,7626.6m $88.8m $88.8m 0.39% Unchanged
3 HF Capital, LLC 10.11% of their portfolio KNOXVILLE, TN 2,216,9052.2m $30.0m $30.0m 10.11% Reduced -128.2k -128,160
4 Pathstone Holdings, LLC 0.04% of their portfolio ENGLEWOOD, NJ 1,063,0411.1m $14.4m $14.4m 0.04% Reduced -55.1k -55,137
5 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 796,324796.3k $10.8m $10.8m 0.01% Added +244.5k +244,504
6 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 779,757779.8k $10.6m $10.6m 0.00% Added +27.6k +27,571
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 747,232747.2k $10.1m $10.1m 0.00% Added +99.7k +99,744
8 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 669,889669.9k $9.1m $9.1m 0.01% Added +71.4k +71,447
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 662,123662.1k $9.0m $9.0m 0.00% Added +204.1k +204,063
10 Requisite Capital Management, LLC 1.49% of their portfolio DALLAS, TX 645,130645.1k $9.0m $9.0m 1.49% Added +39.4k +39,385
11 Columbus Macro, LLC 0.80% of their portfolio NEW CASTLE, PA 610,736610.7k $8.3m $8.3m 0.80% New
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 608,963609.0k $8.2m $8.2m 0.00% New
13 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 590,495590.5k $8.0m $8.0m 0.01% New
14 KENNEDY CAPITAL MANAGEMENT LLC 0.09% of their portfolio ST LOUIS, MO 384,999385.0k $5.2m $5.2m 0.09% Reduced -6.1k -6,134
15 Sage Mountain Advisors LLC 0.29% of their portfolio ATLANTA, GA 353,274353.3k $4.8m $4.8m 0.29% Reduced -64.8k -64,788
16 AMERICAN FINANCIAL GROUP INC 1.35% of their portfolio CINCINNATI, OH 283,903283.9k $3.8m $3.8m 1.35% Added +78.0k +78,000
17 HB Wealth Management, LLC 0.02% of their portfolio Atlanta, GA 280,189280.2k $3.8m $3.8m 0.02% Added +44.8k +44,848
18 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 250,829250.8k $3.4m $3.4m 0.00% Added +105.5k +105,507
19 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 239,142239.1k $3.2m $3.2m 0.00% Added +12.7k +12,742
20 BlackRock, Inc. 0.00% of their portfolio New York, NY 235,871235.9k $3.2m $3.2m 0.00% Reduced -5.7k -5,664
21 AG Asset Advisory, LLC 2.22% of their portfolio Los Angeles, CA 203,300203.3k $2.8m $2.8m 2.22% Unchanged
22 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 186,489186.5k $2.5m $2.5m 0.01% Added +64.1k +64,109
23 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 183,877183.9k $2.5m $2.5m 0.00% Reduced -193.6k -193,585
24 Activest Wealth Management 0.39% of their portfolio AVENTURA, FL 149,137149.1k $2.0m $2.0m 0.39% Reduced -97.8k -97,829
25 Centric Wealth Management 0.31% of their portfolio CHICAGO, IL 131,578131.6k $2.0m $2.0m 0.31% Unchanged
26 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 129,630129.6k $1.8m $1.8m 0.00% Added +51.9k +51,881
27 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 124,586124.6k $1.7m $1.7m 0.00% Reduced -5.4m -5,440,637
28 DBA TRADING, LLC 0.84% of their portfolio FORT LAUDERDALE, FL 121,998122.0k $1.7m $1.7m 0.84% Unchanged
29 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 104,225104.2k $1.4m $1.4m 0.00% Added +81.5k +81,496
30 Callodine Capital Management, LP 0.09% of their portfolio BOSTON, MA 101,375101.4k $1.4m $1.4m 0.09% Reduced -190.4k -190,366
31 Adams Asset Advisors, LLC 0.16% of their portfolio DALLAS, TX 101,163101.2k $1.4m $1.4m 0.16% Added +80.8k +80,822
32 Hennion & Walsh Asset Management, Inc. 0.04% of their portfolio Parsippany, NJ 99,75599.8k $1.3m $1.3m 0.04% Added +31.4k +31,444
33 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 97,93697.9k $1.4m $1.4m 0.00% Added +14.8k +14,826
34 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 95,13695.1k $1.3m $1.3m 0.00% Unchanged
35 SlateStone Wealth, LLC 0.10% of their portfolio JUPITER, FL 94,64494.6k $1.3m $1.3m 0.10% Unchanged
36 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 83,18683.2k $1.1m $1.1m 0.00% Added +36.3k +36,290
37 Inscription Capital, LLC 0.10% of their portfolio HOUSTON, TX 81,13281.1k $1.1m $1.1m 0.10% Unchanged
38 Closed-End Fund Advisors, Inc. 1.04% of their portfolio RICHMOND, VA 78,50178.5k $1.1m $1.1m 1.04% Added +42.6k +42,646
39 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 75,19375.2k $1.0m $1.0m 0.00% New
40 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ST. LOUIS, MO 74,82174.8k $1.0m $1.0m 0.02% Reduced -146 -146
41 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 70,20970.2k $950.0k $950.0k 0.00% Added +2.6k +2,646
42 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 67,82067.8k $917.6k $917.6k 0.00% Added +619 +619
43 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 64,59564.6k $874.0k $874.0k 0.00% Added +2.8k +2,838
44 Legacy Wealth Advisors, LLC 0.35% of their portfolio NORTH MIAMI BEACH, FL 59,08959.1k $799.5k $799.5k 0.35% Unchanged
45 Accredited Investors Inc. 0.03% of their portfolio EDINA, MN 50,89850.9k $688.6k $688.6k 0.03% Unchanged
46 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 44,67644.7k $604.5k $604.5k 0.00% Added +33.8k +33,775
47 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 43,83643.8k $593.1k $593.1k 0.00% Unchanged
48 Kovack Advisors, Inc. 0.03% of their portfolio FT. LAUDERDALE, FL 41,92241.9k $567.2k $567.2k 0.03% New
49 Belpointe Asset Management LLC 0.02% of their portfolio RENO, NV 41,61041.6k $563.0k $563.0k 0.02% Added +3.4k +3,442
50 UMB Bank, n.a. 0.01% of their portfolio Kansas City, MO 37,16537.2k $502.8k $502.8k 0.01% Not comparable
51 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 36,85736.9k $498.7k $498.7k 0.01% Reduced -43.1k -43,133
52 Dynamic Technology Lab Private Ltd 0.10% of their portfolio SINGAPORE, U0 33,87233.9k $458.0k $458.0k 0.10% Added +15.5k +15,497
53 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 31,64031.6k $428.1k $428.1k 0.00% New
54 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 31,35431.4k $424.2k $424.2k 0.01% Unchanged
55 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 30,03530.0k $406.4k $406.4k 0.00% Reduced -159.7k -159,680
56 TCTC Holdings, LLC 0.01% of their portfolio DALLAS, TX 29,80529.8k $403.3k $403.3k 0.01% Added +17.9k +17,883
57 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 26,44126.4k $357.7k $357.7k 0.00% Reduced -6.8k -6,831
58 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 25,45925.5k $344.5k $344.5k 0.00% Added +340 +340
59 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 24,58024.6k $332.6k $332.6k 0.00% Reduced -28.6k -28,602
60 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 23,53723.5k $318.5k $318.5k 0.00% Added +8.2k +8,171
61 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 22,70522.7k $307.2k $307.2k 0.00% Added +12.7k +12,663
62 EAGLE GLOBAL ADVISORS LLC 0.01% of their portfolio Houston, TX 21,55021.6k $291.6k $291.6k 0.01% New
63 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 21,06721.1k $285.0k $285.0k 0.00% Unchanged
64 Platt Wealth Management LLC 0.22% of their portfolio SAN DIEGO, CA 20,07920.1k $271.0k $271.0k 0.22% Unchanged
65 Birchview Capital, LP 0.13% of their portfolio BURLINGTON, VT 20,00020.0k $270.6k $270.6k 0.13% Unchanged
66 TT Capital Management LLC 0.21% of their portfolio Gilbert, AZ 20,00020.0k $270.6k $270.6k 0.21% Reduced -1.1k -1,100
67 WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC 0.01% of their portfolio INDIANAPOLIS, IN 18,44718.4k $257.0k $257.0k 0.01% Unchanged
68 Brevan Howard Capital Management LP 0.00% of their portfolio ST. HELIER, Y9 17,08517.1k $231.2k $231.2k 0.00% Added +4.7k +4,652
69 CARY STREET PARTNERS FINANCIAL LLC 0.00% of their portfolio RICHMOND, VA 16,48016.5k $223.0k $223.0k 0.00% Added +2.0k +2,000
70 Generali Investments CEE, investicni spolecnost, a.s. 0.01% of their portfolio PRAGUE, 2N 15,83515.8k $214.2k $214.2k 0.01% Unchanged
71 Advisors Asset Management, Inc. 0.00% of their portfolio Monument, CO 15,73015.7k $212.8k $212.8k 0.00% New
72 Veery Capital, LLC 0.05% of their portfolio Wilmington, DE 14,90114.9k $201.6k $201.6k 0.05% Unchanged
73 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 14,40714.4k $195.0k $195.0k 0.00% Reduced -1.7k -1,748
74 Virtu Financial LLC 0.01% of their portfolio New York, NY 14,03614.0k $190.0k $190.0k 0.01% New
75 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 13,00613.0k $176.0k $176.0k 0.00% Unchanged
76 Balentine LLC 0.01% of their portfolio ATLANTA, GA 11,92211.9k $161.3k $161.3k 0.01% Unchanged
77 Sovereign Financial Group, Inc. 0.02% of their portfolio STAMFORD, CT 11,55511.6k $156.3k $156.3k 0.02% Added +235 +235
78 Windsor Advisory Group, LLC 0.11% of their portfolio COLUMBUS, OH 11,22211.2k $151.8k $151.8k 0.11% New
79 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 10,85910.9k $146.9k $146.9k 0.00% New
80 Forvis Mazars Wealth Advisors, LLC 0.00% of their portfolio Springfield, MO 10,50410.5k $142.1k $142.1k 0.00% Unchanged
81 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 10,26710.3k $138.9k $138.9k 0.00% Added +55 +55
82 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 10,16710.2k $137.6k $137.6k 0.00% Reduced -4.5k -4,522
83 nVerses Capital, LLC 0.21% of their portfolio WELLINGTON, FL 10,10410.1k $136.7k $136.7k 0.21% Reduced -1.8k -1,770
84 KAVAR CAPITAL PARTNERS GROUP, LLC 0.02% of their portfolio LEAWOOD, KS 10,00010.0k $135.3k $135.3k 0.02% New
85 Security National Bank 0.01% of their portfolio OMAHA, NE 4,4044.4k $59.6k $59.6k 0.01% Unchanged
86 Quantbot Technologies LP 0.00% of their portfolio NEW YORK, NY 3,9183.9k $53.0k $53.0k 0.00% New
87 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,4002.4k $32.5k $32.5k 0.00% Reduced -8.5k -8,505
88 Fourth Dimension Wealth, LLC 0.00% of their portfolio MIDDLEBURG HEIGHTS, OH 1,0001.0k $13.5k $13.5k 0.00% New
89 Founders Capital Management 0.00% of their portfolio HOUSTON, TX 800800 $10.8k $10.8k 0.00% Unchanged
90 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 300300 $4.1k $4.1k 0.00% New
91 Roxbury Financial LLC 0.00% of their portfolio MOUNT ARLINGTON, NJ 168168 $2.3k $2.3k 0.00% New
92 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 3434 $460 $460 0.00% Added +7 +7
93 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1313 $181 $181 0.00% Unchanged