Who owns OBDC (OBDC)
Which tracked institutional funds hold OBDC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See OBDC company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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
54 tracked funds added or opened OBDC while 138 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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
OBDC’s largest tracked holder by dollar value, CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in OBDC 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 2025-Q4 and 2026-Q1, across 457 tracked filers holding OBDC, 228 increased or opened the position and 236 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
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 OBDC between the 2025-Q4 and 2026-Q1 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 15
- SOROS FUND MANAGEMENT LLC$27M
- CITADEL ADVISORS LLC$18M
- Incline Global Management LLC$15M
- PANORAMIC INVESTMENT ADVISORS, LLC$13M
- SONA ASSET MANAGEMENT (US) LLC$10M
- BROWN BROTHERS HARRIMAN & CO$9M
Full exits 24
- SAGE ADVISORS, LLC$26M
- Boston Partners$23M
- Schonfeld Strategic Advisors LLC$6M
- MILLENNIUM MANAGEMENT LLC$5M
- Closed-End Fund Advisors, Inc.$5M
- Verition Fund Management LLC$4M
Largest adds
- STRS OHIO$94M
- Apollon Wealth Management, LLC$20M
- Liberty Mutual Group Asset Management Inc.$19M
- PRIVATE MANAGEMENT GROUP INC$16M
- Next Capital Management LLC$13M
- Trexquant Investment LP$13M
Largest trims
- FMR LLC$65M
- VAN ECK ASSOCIATES CORP$34M
- BANK OF AMERICA CORP /DE/$32M
- Brown University$23M
- BlackRock, Inc.$23M
- CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM$23M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 16,445,728 | $182M | 5.7% | 2026-Q1 |
| State of New Jersey Common Pension Fund A | 15,263,873 | $169M | 5.3% | 2026-Q1 |
| OREGON PUBLIC EMPLOYEES RETIREMENT FUND | 14,968,973 | $166M | 5.2% | 2026-Q1 |
| FMR LLC trimmed | 11,847,117 | $131M | 4.1% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP trimmed | 11,321,582 | $125M | 3.9% | 2026-Q1 |
| STRS OHIO added | 10,941,976 | $121M | 3.8% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 10,781,398 | $119M | 3.8% | 2026-Q1 |
| UBS Group AG added | 9,646,705 | $107M | 3.4% | 2026-Q1 |
| MORGAN STANLEY added | 9,496,247 | $105M | 3.3% | 2026-Q1 |
| Cresset Asset Management, LLC added | 7,289,546 | $83M | 2.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 6,043,814 | $67M | 2.1% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 5,934,384 | $66M | 2.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 4,695,602 | $52M | 1.6% | 2026-Q1 |
| Generali Asset Management SPA SGR | 4,377,807 | $48M | 1.5% | 2026-Q1 |
| ROBERT WOOD JOHNSON FOUNDATION | 4,218,864 | $47M | 1.5% | 2026-Q1 |
| Sound Income Strategies, LLC added | 3,976,748 | $43M | 1.3% | 2026-Q1 |
| PRIVATE MANAGEMENT GROUP INC added | 3,844,628 | $43M | 1.3% | 2026-Q1 |
| HAMILTON LANE ADVISORS LLC | 3,406,230 | $38M | 1.2% | 2026-Q1 |
| Lalia Capital, LLC added | 3,132,070 | $35M | 1.1% | 2026-Q1 |
| OMERS ADMINISTRATION Corp added | 3,085,234 | $34M | 1.1% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 2,925,154 | $32M | 1.0% | 2026-Q1 |
| ARES MANAGEMENT LLC | 2,847,757 | $31M | 1.0% | 2026-Q1 |
| LSV ASSET MANAGEMENT trimmed | 2,747,947 | $30M | 1.0% | 2026-Q1 |
| Liberty Mutual Group Asset Management Inc. added | 2,669,872 | $30M | 0.9% | 2026-Q1 |
| LPL Financial LLC trimmed | 2,524,874 | $28M | 0.9% | 2026-Q1 |
| Muzinich & Co., Inc. added | 2,468,547 | $27M | 0.9% | 2026-Q1 |
| SOROS FUND MANAGEMENT LLC added | 2,451,136 | $27M | 0.9% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 2,130,221 | $24M | 0.7% | 2026-Q1 |
| Blue Owl Capital Holdings LP | 2,045,070 | $23M | 0.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 2,042,139 | $23M | 0.7% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 2,011,090 | $22M | 0.7% | 2026-Q1 |
| BlackRock, Inc. trimmed | 1,990,227 | $22M | 0.7% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. | 1,903,832 | $21M | 0.7% | 2026-Q1 |
| Apollon Wealth Management, LLC added | 1,894,992 | $21M | 0.7% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 1,876,390 | $21M | 0.7% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 1,658,410 | $18M | 0.6% | 2026-Q1 |
| STEPHENS INC /AR/ trimmed | 1,592,507 | $18M | 0.6% | 2026-Q1 |
| Brown University trimmed | 1,524,863 | $17M | 0.5% | 2026-Q1 |
| Mariner, LLC trimmed | 1,478,369 | $16M | 0.5% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 1,429,528 | $16M | 0.5% | 2026-Q1 |
| Next Capital Management LLC added | 1,418,819 | $16M | 0.5% | 2026-Q1 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC added | 1,426,822 | $16M | 0.5% | 2026-Q1 |
| Trexquant Investment LP added | 1,384,405 | $15M | 0.5% | 2026-Q1 |
| Invesco Ltd. added | 1,339,461 | $15M | 0.5% | 2026-Q1 |
| Incline Global Management LLC new | 1,589,266 | $15M | 0.5% | 2026-Q1 |
| Border to Coast Pensions Partnership Ltd | 1,250,000 | $14M | 0.4% | 2026-Q1 |
| HighTower Advisors, LLC added | 1,218,356 | $13M | 0.4% | 2026-Q1 |
| PANORAMIC INVESTMENT ADVISORS, LLC new | 1,213,584 | $13M | 0.4% | 2026-Q1 |
| Melia Wealth LLC added | 1,213,481 | $13M | 0.4% | 2026-Q1 |
| TECTONIC ADVISORS LLC added | 1,201,846 | $13M | 0.4% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 1,184,743 | $13M | 0.4% | 2026-Q1 |
| TRANSCEND CAPITAL ADVISORS, LLC trimmed | 1,180,506 | $13M | 0.4% | 2026-Q1 |
| Cerity Partners LLC added | 1,180,084 | $13M | 0.4% | 2026-Q1 |
| CAZ INVESTMENTS LP | 1,124,305 | $12M | 0.4% | 2026-Q1 |
| Trinity Financial Advisors LLC trimmed | 1,055,225 | $12M | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 944,024 | $10M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 907,482 | $10M | 0.3% | 2026-Q1 |
| Allen Investment Management, LLC | 906,168 | $10M | 0.3% | 2026-Q1 |
| SONA ASSET MANAGEMENT (US) LLC new | 886,000 | $10M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 880,277 | $10M | 0.3% | 2026-Q1 |
| BROWN BROTHERS HARRIMAN & CO added | 852,000 | $9M | 0.3% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 1,262,258 | $8M | 0.3% | 2026-Q1 |
| NewEdge Wealth, LLC added | 758,426 | $8M | 0.3% | 2026-Q1 |
| EPIQ PARTNERS, LLC trimmed | 660,861 | $7M | 0.2% | 2026-Q1 |
| STATE STREET CORP added | 621,658 | $7M | 0.2% | 2026-Q1 |
| IEQ CAPITAL, LLC added | 614,622 | $7M | 0.2% | 2026-Q1 |
| Enstar Group LTD added | 601,787 | $7M | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 596,673 | $7M | 0.2% | 2026-Q1 |
| SCS Capital Management LLC trimmed | 570,323 | $7M | 0.2% | 2026-Q1 |
| Johnson Financial Group, Inc. added | 569,764 | $6M | 0.2% | 2026-Q1 |
| Creative Planning trimmed | 583,967 | $6M | 0.2% | 2026-Q1 |
| CERTUITY, LLC trimmed | 580,785 | $6M | 0.2% | 2026-Q1 |
| Rothschild Wealth LLC trimmed | 570,720 | $6M | 0.2% | 2026-Q1 |
| DANSKE BANK A/S added | 570,211 | $6M | 0.2% | 2026-Q1 |
| Chicago Partners Investment Group LLC trimmed | 538,745 | $6M | 0.2% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co trimmed | 557,857 | $6M | 0.2% | 2026-Q1 |
| Prairiewood Capital, LLC added | 552,301 | $6M | 0.2% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 543,181 | $6M | 0.2% | 2026-Q1 |
| INTRUST BANK NA added | 528,190 | $6M | 0.2% | 2026-Q1 |
| MAI Capital Management trimmed | 525,555 | $6M | 0.2% | 2026-Q1 |
| Legal & General Group Plc added | 519,696 | $6M | 0.2% | 2026-Q1 |
| Arkadios Wealth Advisors added | 496,640 | $5M | 0.2% | 2026-Q1 |
| Prota Financial, LLC trimmed | 495,717 | $5M | 0.2% | 2026-Q1 |
| Advisors Asset Management, Inc. added | 484,630 | $5M | 0.2% | 2026-Q1 |
| AlphaCore Capital LLC added | 445,610 | $5M | 0.2% | 2026-Q1 |
| DENALI ADVISORS LLC trimmed | 459,746 | $5M | 0.2% | 2026-Q1 |
| Callodine Capital Management, LP added | 450,000 | $5M | 0.2% | 2026-Q1 |
| State of New Jersey Common Pension Fund E | 22,751,338 | $334M | 10.5% | 2025-Q1 stale |
| Trustees of Dartmouth College | 3,326,984 | $42M | 1.3% | 2025-Q3 stale |
| SAGE ADVISORS, LLC trimmed | 2,061,949 | $26M | 0.8% | 2025-Q4 stale |
| Boston Partners trimmed | 1,831,093 | $23M | 0.7% | 2025-Q4 stale |
| MARSHALL WACE, LLP added | 1,395,333 | $18M | 0.6% | 2025-Q3 stale |
| Capricorn Investment Group LLC | 743,794 | $11M | 0.3% | 2025-Q1 stale |
| Graypoint LLC added | 590,048 | $8M | 0.3% | 2025-Q2 stale |
| BAILLIE GIFFORD & CO new | 551,430 | $8M | 0.3% | 2025-Q1 stale |
| Qube Research & Technologies Ltd trimmed | 542,364 | $7M | 0.2% | 2025-Q3 stale |
| Partners Group Holding AG added | 452,976 | $7M | 0.2% | 2025-Q1 stale |
| Northeast Financial Consultants Inc trimmed | 419,016 | $6M | 0.2% | 2025-Q2 stale |
| Schonfeld Strategic Advisors LLC added | 464,350 | $6M | 0.2% | 2025-Q4 stale |
| MILLENNIUM MANAGEMENT LLC trimmed | 399,404 | $5M | 0.2% | 2025-Q4 stale |
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.