Who owns Palmer Square Capital BDC (PSBD)
Which tracked institutional funds hold PSBD, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PSBD company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 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
13 tracked funds added or opened PSBD while 8 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
PSBD’s largest tracked holder by dollar value, OV Management LLC, sizes it at 72.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 72.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PSBD 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 41 tracked filers holding PSBD, 23 increased or opened the position and 19 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 PSBD 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 2
- Squarepoint Ops LLC$1M
- Palliser Capital (UK) Ltd$917K
Full exits 4
- RIVERNORTH CAPITAL MANAGEMENT, LLC$8M
- Vivaldi Capital Management LP$2M
- Mid-American Wealth Advisory Group, Inc.$665K
- Curi Capital, LLC$586K
Largest adds
- 1248 Management, LLC$4M
- Mariner, LLC$3M
- OV Management LLC$2M
- BANK OF AMERICA CORP /DE/$1M
- NewGen Asset Management Ltd$890K
- First Trust Capital Management L.P.$837K
Largest trims
- TWO SIGMA INVESTMENTS, LP$1M
- RENAISSANCE TECHNOLOGIES LLC$739K
- Bienville Capital Management, LLC$704K
- MORGAN STANLEY$492K
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 |
|---|---|---|---|---|
| OV Management LLC | 3,730,065 | $39M | 20.7% | 2026-Q2 |
| 1248 Management, LLC added | 3,186,701 | $34M | 18.3% | 2026-Q2 |
| Mariner, LLC added | 3,160,003 | $33M | 17.5% | 2026-Q2 |
| First Trust Capital Management L.P. | 1,288,337 | $13M | 7.2% | 2026-Q2 |
| Pandi, LLC | 911,854 | $10M | 5.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 669,631 | $7M | 3.7% | 2026-Q2 |
| Arlington Partners LLC | 510,344 | $5M | 2.8% | 2026-Q2 |
| Bienville Capital Management, LLC trimmed | 425,379 | $5M | 2.5% | 2026-Q2 |
| Sunesis Advisors, LLC | 298,959 | $3M | 1.7% | 2026-Q2 |
| Hennion & Walsh Asset Management, Inc. trimmed | 198,062 | $2M | 1.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 186,517 | $2M | 1.0% | 2026-Q2 |
| Opal Wealth Advisors, LLC added | 159,240 | $2M | 0.9% | 2026-Q2 |
| NewGen Asset Management Ltd added | 154,539 | $2M | 0.9% | 2026-Q2 |
| Squarepoint Ops LLC new | 130,704 | $1M | 0.7% | 2026-Q2 |
| Palliser Capital (UK) Ltd new | 88,028 | $917K | 0.5% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 75,100 | $783K | 0.4% | 2026-Q2 |
| Advisor OS, LLC added | 63,761 | $664K | 0.4% | 2026-Q2 |
| BlackRock, Inc. added | 58,382 | $608K | 0.3% | 2026-Q2 |
| Trexquant Investment LP trimmed | 57,634 | $601K | 0.3% | 2026-Q2 |
| XTX Topco Ltd added | 56,612 | $590K | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 51,962 | $541K | 0.3% | 2026-Q2 |
| NOTTINGHAM ADVISORS, INC. added | 48,686 | $472K | 0.3% | 2026-Q2 |
| Clear Harbor Asset Management, LLC added | 43,116 | $449K | 0.2% | 2026-Q2 |
| Waterfront Wealth Inc. added | 43,154 | $447K | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 29,784 | $310K | 0.2% | 2026-Q2 |
| UBS Group AG added | 26,060 | $272K | 0.1% | 2026-Q2 |
| Creative Planning | 20,287 | $211K | 0.1% | 2026-Q2 |
| MORGAN STANLEY trimmed | 19,639 | $205K | 0.1% | 2026-Q2 |
| Catalyst Capital Advisors LLC added | 19,447 | $203K | 0.1% | 2026-Q2 |
| SMH CAPITAL ADVISORS INC new | 19,447 | $203K | 0.1% | 2026-Q2 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 19,157 | $200K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 13,016 | $136K | 0.1% | 2026-Q2 |
| Waverly Advisors, LLC | 12,688 | $132K | 0.1% | 2026-Q2 |
| Dorsey & Whitney Trust CO LLC | 10,452 | $109K | 0.1% | 2026-Q2 |
| HARBOUR INVESTMENTS, INC. | 7,000 | $73K | 0.0% | 2026-Q2 |
| Arlington Trust Co LLC | 5,198 | $54K | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 1,153 | $12K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC new | 1,035 | $11K | 0.0% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP new | 34 | $364 | 0.0% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd new | 16 | $167 | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 1 | $10 | 0.0% | 2026-Q2 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC added | 834,603 | $8M | 4.3% | 2026-Q1 stale (1 quarter behind) |
| Vivaldi Capital Management LP trimmed | 167,776 | $2M | 0.9% | 2026-Q1 stale (1 quarter behind) |
| Mid-American Wealth Advisory Group, Inc. | 54,528 | $665K | 0.4% | 2026-Q1 stale (1 quarter behind) |
| Curi Capital, LLC new | 60,000 | $586K | 0.3% | 2026-Q1 stale (1 quarter behind) |
| StoryOne LLC | 0 | $423K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| TrueMark Investments, LLC new | 19,228 | $188K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| MILLENNIUM MANAGEMENT LLC trimmed | 13,171 | $129K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 10,944 | $107K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 400 | $4K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| JPMORGAN CHASE & CO trimmed | 40 | $387 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| CITIGROUP INC trimmed | 1 | $10 | 0.0% | 2026-Q1 stale (1 quarter behind) |
| Closed-End Fund Advisors, Inc. new | 220,334 | $3M | 1.4% | 2025-Q4 stale (2 quarters behind) |
| TWO SIGMA ADVISERS, LP added | 193,600 | $2M | 1.3% | 2025-Q4 stale (2 quarters behind) |
| UMB Bank, n.a. | 81,522 | $994K | 0.5% | 2025-Q4 stale (2 quarters behind) |
| FMR LLC trimmed | 74,067 | $903K | 0.5% | 2025-Q4 stale (2 quarters behind) |
| Caprock Group, LLC trimmed | 62,395 | $787K | 0.4% | 2025-Q4 stale (2 quarters behind) |
| MARSHALL WACE, LLP trimmed | 31,590 | $385K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Prime Capital Investment Advisors, LLC added | 26,000 | $317K | 0.2% | 2025-Q4 stale (2 quarters behind) |
| Point72 Asset Management, L.P. new | 14,035 | $171K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| TWO SIGMA SECURITIES, LLC new | 10,139 | $124K | 0.1% | 2025-Q4 stale (2 quarters behind) |
| ATWOOD & PALMER INC | 34,010 | $417K | 0.2% | 2025-Q3 stale (3 quarters behind) |
| Gibson Capital, LLC | 12,490 | $153K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| EVOLUTION WEALTH MANAGEMENT INC. new | 5,756 | $71K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Tower Research Capital LLC (TRC) new | 100 | $1K | 0.0% | 2025-Q3 stale (3 quarters behind) |
| Marble Harbor Investment Counsel, LLC trimmed | 17,900 | $250K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| HRT FINANCIAL LP trimmed | 11,966 | $167K | 0.1% | 2025-Q2 stale (4 quarters behind) |
| NewEdge Advisors, LLC | 1,587 | $22K | 0.0% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
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.