undamentalytics Newsletter

Kayne Anderson BDC, Inc.: which funds bought and sold

Institutions that bought and sold Kayne Anderson BDC shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 49 institutions that filed 13F reports for both quarters added to or opened positions in Kayne Anderson BDC, and 36 cut or closed them. Together they sold a net 4.8M shares, −13.1% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 267K shares (+17.6%); index fund managers were net buyers of 9,162 shares (+2.8%). 16 opened a new position and 16 sold out entirely.

Bought, Q2 2026 49 institutions, 16 of them new holders Sold, Q2 2026 36 institutions, 16 of them sold out
Net change, all compared −4.8M shares (−13.1%)
Net change, active managers +267K shares (+17.6%), 8 bought, 4 sold

Buyers versus sellers

institutions compared, 107
Active managers and hedge funds 8 bought · 4 sold · +267K
Index fund managers 1 bought · 1 sold · +9,162
Other institutions 40 bought · 31 sold · −5.1M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Columbus Macro, LLC +611K New position 611K $8.3M
Envestnet Asset Management Inc +609K New position 609K $8.2M
Cetera Investment Advisers +590K New position 590K $8M
Russell Investments Group, Ltd. +245K +44.3% 796K $10.8M
Morgan Stanley +204K +44.5% 662K $9M
Renaissance Technologies LLC Hedge fund +106K +72.6% 251K $3.4M
UBS Group AG +100K +15.4% 747K $10.1M
Millennium Management LLC Hedge fund +81K +358.6% 104K $1.4M
Adams Asset Advisors, LLC +81K +397.3% 101K $1.4M
American Financial Group Inc +78K +37.9% 284K $3.8M
Commonwealth Equity Services, LLC +75K New position 75K $1M
Van Eck Associates Corp +71K +11.9% 670K $9.1M
HRT Financial LP +64K +52.4% 186K $2.5M
Citadel Advisors LLC Hedge fund +52K +66.7% 130K $1.8M
Hb Wealth Management, LLC +45K +19.1% 280K $3.8M
Closed-End Fund Advisors, Inc. +43K +118.9% 79K $1.1M
Kovack Advisors, Inc. +42K New position 42K $567,203
Requisite Capital Management, LLC +39K +6.5% 645K $9M
Stifel Financial Corp +36K +77.4% 83K $1.1M
Osaic Holdings, Inc. +34K +309.8% 45K $604,466

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Bank Of America Corp −5.4M −97.8% 125K $1.7M
Koch, Inc. −1.7M −13.9% 10.5M $142M
Corient Private Wealth LP −194K −51.3% 184K $2.5M
Callodine Capital Management, LP −190K −65.3% 101K $1.4M
Jane Street Group, LLC −160K −84.2% 30K $406,373
Hf Capital, LLC −128K −5.5% 2.2M $30M
Activest Wealth Management −98K −39.6% 149K $2M
Sage Mountain Advisors LLC −65K −15.5% 353K $4.8M
Pathstone Holdings, LLC −55K −4.9% 1.1M $14.4M
Xtx Topco Ltd −43K −53.9% 37K $498,675
Sei Investments Co −29K −53.8% 25K $332,574
Susquehanna International Group, LLP −21K Sold out 0 —
Creativeone Wealth, LLC −18K Sold out 0 —
Zacks Investment Management −18K Sold out 0 —
Sgl Investment Advisors, Inc. −16K Sold out 0 —
Bluespring Wealth Management, LLC −15K Sold out 0 —
Mqs Management LLC −15K Sold out 0 —
Magnus Financial Group LLC −13K Sold out 0 —
Arcus Capital Partners, LLC −12K Sold out 0 —
Valeo Financial Advisors, LLC −12K Sold out 0 —

New positions

largest by value

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Susquehanna International Group, LLP 21K $291,289
Creativeone Wealth, LLC 18K $246,274
Zacks Investment Management 18K $246,274
Sgl Investment Advisors, Inc. 16K $230,665
Bluespring Wealth Management, LLC 15K $211,052
Mqs Management LLC 15K $204,373
Magnus Financial Group LLC 13K $181,447
Arcus Capital Partners, LLC 12K $169,785
Valeo Financial Advisors, LLC 12K $165,875
Balyasny Asset Management L.P.Hedge fund 11K $155,763

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
92
Ten largest holders
77.3%
of 13F-reported shares
Index fund managers
1.0%
of 13F-reported shares
Active managers and hedge funds
5.6%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 8 4 1 1 +267K +17.6%
Index fund managers 1 1 0 0 +9,162 +2.8%
Other institutions 40 31 15 15 −5.1M −14.6%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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