Who owns Carlyle Secured Lending (CGBD)
Which tracked institutional funds hold CGBD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CGBD company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
16 tracked funds added or opened CGBD while 28 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
CGBD’s largest tracked holder by dollar value, Creative Planning, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in CGBD divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 132 tracked filers holding CGBD, 59 increased or opened the position and 76 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in CGBD between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 5
- Lalia Capital, LLC$10M
- Diameter Capital Partners LP$5M
- Callodine Capital Management, LP$2M
- CITADEL ADVISORS LLC$814K
- Apollon Wealth Management, LLC$705K
Full exits 12
- RIVERNORTH CAPITAL MANAGEMENT, LLC$14M
- LSV ASSET MANAGEMENT$4M
- Focus Partners Wealth$3M
- BI Asset Management Fondsmaeglerselskab A/S$3M
- HighTower Advisors, LLC$2M
- GFS Advisors, LLC$2M
Largest adds
- VAN ECK ASSOCIATES CORP$4M
- Arax Advisory Partners$3M
- Russell Investments Group, Ltd.$3M
- ARES MANAGEMENT LLC$2M
- North Ground Capital$2M
- UBS Group AG$1M
Largest trims
- Creative Planning$3M
- TWO SIGMA INVESTMENTS, LP$2M
- TORONTO DOMINION BANK$2M
- CHOREO, LLC$1M
- Invesco Ltd.$1M
- FIFTH THIRD BANCORP$886K
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Creative Planning trimmed | 3,086,927 | $33M | 12.3% | 2026-Q2 |
| MORGAN STANLEY added | 2,799,104 | $29M | 11.2% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 1,748,836 | $18M | 7.0% | 2026-Q2 |
| UBS Group AG added | 1,395,189 | $15M | 5.6% | 2026-Q2 |
| CHOREO, LLC trimmed | 1,361,251 | $14M | 5.4% | 2026-Q2 |
| Invesco Ltd. trimmed | 1,184,888 | $12M | 4.7% | 2026-Q2 |
| Lalia Capital, LLC new | 927,333 | $10M | 3.7% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 870,513 | $9M | 3.5% | 2026-Q2 |
| Muzinich & Co., Inc. added | 741,278 | $8M | 3.0% | 2026-Q2 |
| North Ground Capital added | 616,000 | $6M | 2.5% | 2026-Q2 |
| Legal & General Group Plc added | 577,568 | $6M | 2.3% | 2026-Q2 |
| Mariner, LLC added | 563,240 | $6M | 2.3% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. | 519,735 | $5M | 2.1% | 2026-Q2 |
| Diameter Capital Partners LP new | 508,387 | $5M | 2.0% | 2026-Q2 |
| ARES MANAGEMENT LLC added | 472,187 | $5M | 1.9% | 2026-Q2 |
| Arax Advisory Partners added | 465,613 | $5M | 1.9% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 448,847 | $5M | 1.8% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 444,533 | $5M | 1.8% | 2026-Q2 |
| NOVARE CAPITAL MANAGEMENT LLC added | 287,445 | $3M | 1.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 280,420 | $3M | 1.1% | 2026-Q2 |
| BlackRock, Inc. trimmed | 276,868 | $3M | 1.1% | 2026-Q2 |
| TORONTO DOMINION BANK trimmed | 263,276 | $3M | 1.0% | 2026-Q2 |
| WCG Wealth Advisors LLC added | 229,477 | $2M | 0.9% | 2026-Q2 |
| Callodine Capital Management, LP new | 225,000 | $2M | 0.9% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 224,183 | $2M | 0.9% | 2026-Q2 |
| Cliffwater LLC | 207,319 | $2M | 0.8% | 2026-Q2 |
| Advisors Asset Management, Inc. trimmed | 200,997 | $2M | 0.8% | 2026-Q2 |
| Corient Private Wealth LP added | 182,469 | $2M | 0.7% | 2026-Q2 |
| HAGER INVESTMENT MANAGEMENT SERVICES, LLC trimmed | 182,377 | $2M | 0.7% | 2026-Q2 |
| Hennion & Walsh Asset Management, Inc. added | 170,736 | $2M | 0.7% | 2026-Q2 |
| Significant Wealth Partners LLC added | 164,757 | $2M | 0.7% | 2026-Q2 |
| Ethos Financial Group, LLC trimmed | 136,990 | $1M | 0.5% | 2026-Q2 |
| XTX Topco Ltd added | 136,758 | $1M | 0.5% | 2026-Q2 |
| LPL Financial LLC trimmed | 132,350 | $1M | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 126,936 | $1M | 0.5% | 2026-Q2 |
| DOLIVER ADVISORS, LP trimmed | 119,781 | $1M | 0.5% | 2026-Q2 |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ trimmed | 108,547 | $1M | 0.4% | 2026-Q2 |
| Samalin Investment Counsel, LLC added | 107,636 | $1M | 0.4% | 2026-Q2 |
| Cetera Investment Advisers added | 103,761 | $1M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 101,236 | $1M | 0.4% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 100,250 | $1M | 0.4% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 95,496 | $1M | 0.4% | 2026-Q2 |
| Pathstone Holdings, LLC added | 83,677 | $881K | 0.3% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 82,388 | $868K | 0.3% | 2026-Q2 |
| Closed-End Fund Advisors, Inc. trimmed | 78,104 | $822K | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 77,293 | $814K | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 74,753 | $787K | 0.3% | 2026-Q2 |
| Texas Capital Bank Wealth Management Services Inc added | 72,707 | $766K | 0.3% | 2026-Q2 |
| Alpine Global Management, LLC trimmed | 71,496 | $753K | 0.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP | 67,757 | $713K | 0.3% | 2026-Q2 |
| Apollon Wealth Management, LLC added | 66,980 | $705K | 0.3% | 2026-Q2 |
| DENALI ADVISORS LLC trimmed | 66,398 | $699K | 0.3% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 65,157 | $686K | 0.3% | 2026-Q2 |
| Verdence Capital Advisors LLC added | 55,956 | $589K | 0.2% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 53,857 | $567K | 0.2% | 2026-Q2 |
| Whipplewood Advisors, LLC added | 51,820 | $546K | 0.2% | 2026-Q2 |
| US BANCORP \DE\ | 50,000 | $526K | 0.2% | 2026-Q2 |
| Naviter Wealth, LLC trimmed | 49,300 | $536K | 0.2% | 2026-Q2 |
| Virtus Investment Advisers, LLC trimmed | 46,857 | $493K | 0.2% | 2026-Q2 |
| Palliser Capital (UK) Ltd new | 45,703 | $481K | 0.2% | 2026-Q2 |
| COMPASS FINANCIAL MANAGEMENT LLC new | 44,160 | $464K | 0.2% | 2026-Q2 |
| Almitas Capital LLC | 42,885 | $452K | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 40,673 | $428K | 0.2% | 2026-Q2 |
| COMMERCE BANK | 40,381 | $425K | 0.2% | 2026-Q2 |
| IEQ CAPITAL, LLC | 40,295 | $424K | 0.2% | 2026-Q2 |
| Lido Advisors, LLC added | 38,124 | $415K | 0.2% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 35,978 | $379K | 0.1% | 2026-Q2 |
| DRW Securities, LLC trimmed | 35,202 | $371K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 34,501 | $363K | 0.1% | 2026-Q2 |
| MAI Capital Management | 33,774 | $356K | 0.1% | 2026-Q2 |
| Cerberus Capital Management, L.P. | 30,000 | $316K | 0.1% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 29,803 | $314K | 0.1% | 2026-Q2 |
| INDEPENDENT FINANCIAL GROUP, LLC added | 28,072 | $296K | 0.1% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 27,606 | $291K | 0.1% | 2026-Q2 |
| United Advisor Group, LLC trimmed | 26,181 | $276K | 0.1% | 2026-Q2 |
| TRANSCEND CAPITAL ADVISORS, LLC | 25,015 | $263K | 0.1% | 2026-Q2 |
| NewEdge Wealth, LLC | 24,760 | $261K | 0.1% | 2026-Q2 |
| Cascade Financial Partners, LLC trimmed | 24,620 | $259K | 0.1% | 2026-Q2 |
| MQS Management LLC added | 24,386 | $257K | 0.1% | 2026-Q2 |
| GLENMEDE TRUST CO NA trimmed | 23,500 | $247K | 0.1% | 2026-Q2 |
| SMH CAPITAL ADVISORS INC trimmed | 21,946 | $231K | 0.1% | 2026-Q2 |
| Savant Capital, LLC added | 21,374 | $225K | 0.1% | 2026-Q2 |
| Aptus Capital Advisors, LLC | 21,291 | $224K | 0.1% | 2026-Q2 |
| Clarus Group, Inc. | 21,291 | $224K | 0.1% | 2026-Q2 |
| Summit Financial, LLC | 21,130 | $230K | 0.1% | 2026-Q2 |
| Cornerstone Advisory, LLC added | 20,978 | $221K | 0.1% | 2026-Q2 |
| Cerity Partners LLC added | 20,231 | $213K | 0.1% | 2026-Q2 |
| Black Maple Capital Management LP new | 20,000 | $211K | 0.1% | 2026-Q2 |
| CAZ INVESTMENTS LP | 20,000 | $211K | 0.1% | 2026-Q2 |
| JPMORGAN CHASE & CO | 19,500 | $212K | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 19,324 | $203K | 0.1% | 2026-Q2 |
| Quantbot Technologies LP added | 19,084 | $201K | 0.1% | 2026-Q2 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 18,125 | $198K | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV | 17,562 | $185K | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS new | 17,457 | $184K | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 16,794 | $177K | 0.1% | 2026-Q2 |
| Dorsey & Whitney Trust CO LLC trimmed | 15,507 | $163K | 0.1% | 2026-Q2 |
| Global Retirement Partners, LLC trimmed | 15,205 | $160K | 0.1% | 2026-Q2 |
| Vident Advisory, LLC new | 15,047 | $158K | 0.1% | 2026-Q2 |
| Eagle Strategies LLC | 14,863 | $157K | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.