Goldman Sachs BDC Inc
Inside Goldman Sachs BDC Inc’s $3.2B private-credit portfolio — 566 portfolio holdings disclosed in SEC filings.
Filing Information
Portfolio Composition
Portfolio-wide breakdown by fair value across this BDC’s full Schedule of Investments. Source: SEC EDGAR (public).
Top Portfolio Holdings
| Company | Sector | Investment | Coupon | Maturity | Cost | Fair Value |
|---|---|---|---|---|---|---|
| Zarya HoldCo, Inc. (dba Eptura) | Real Estate Mgmt. & Development | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 6.50% | 2027-07-01 | $75,133,000 | $74,381,000 |
| Xactly Corporation | IT Services | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 6.25% | 2027-07-30 | $61,681,000 | $59,854,000 |
| PlanSource Holdings, Inc. | Health Care Technology | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 5.50% | 2026-12-30 | $56,528,000 | $56,295,000 |
| Sundance Group Holdings, Inc. (dba NetDocuments) | Software | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 4.75% | 2029-07-02 | $52,105,000 | $51,899,000 |
| Diligent Corporation | Professional Services | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 5.00% | 2030-08-02 | $48,976,000 | $48,760,000 |
| K2 Towers III, LLC | Wireless Telecommunication Services | 1st Lien/Last-Out Unitranche Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 4.67% | 2028-12-06 | $45,041,000 | $44,799,000 |
| iCIMS, Inc. | Professional Services | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 5.75% | 2028-08-18 | $47,087,000 | $44,586,000 |
| PT Intermediate Holdings III, LLC (dba Parts Town) | Trading Companies & Distributors | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 4.75% | 2030-04-09 | $44,699,000 | $44,082,000 |
| Oliver Packaging and Equipment Company, LLC (fka Buffalo Merger Sub, LLC) | Containers & Packaging | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 5.25% | 2030-11-01 | $43,700,000 | $43,568,000 |
| Pacvue Intermediate LLC (fka Assembly Intermediate LLC) | Diversified Consumer Services | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 5.25% | 2027-10-19 | $43,715,000 | $43,551,000 |
| Computer Services, Inc. | Financial Services | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 4.50% | 2031-11-17 | $41,957,000 | $41,543,000 |
| Acquia, Inc. | Software | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 5.00% | 2026-10-30 | $42,020,000 | $41,110,000 |
| ESO Solutions, Inc | Health Care Technology | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 6.75% | 2027-05-03 | $39,725,000 | $39,608,000 |
| Blazing Star Shields Direct Parent, LLC (dba Shields Health Solutions) | Health Care Technology | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 6.00% | 2030-08-28 | $38,615,000 | $38,934,000 |
| Volt Bidco, Inc. (dba Power Factors) | Independent Power and Renewable Electricity Producers | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember (PIK 6.50%) | 2027-08-11 | $39,892,000 | $38,292,000 |
| AQ Helios Buyer, Inc. (dba SurePoint) | Software | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 7.00% | 2026-12-31 | $39,088,000 | $38,034,000 |
| Smarsh, Inc. | Software | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 4.75% | 2029-02-16 | $34,749,000 | $34,562,000 |
| HowlCO LLC (dba Lone Wolf) | Real Estate Mgmt. & Development | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 6.50% (PIK 3.50%) | 2027-10-22 | $37,562,000 | $34,368,000 |
| MRI Software LLC | Real Estate Mgmt. & Development | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 4.75% | 2028-02-10 | $33,800,000 | $33,532,000 |
| AGS Health BCP Holdings, Inc. (dba AGS Health) | Health Care Technology | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 4.50% | 2032-08-02 | $33,445,000 | $33,272,000 |
| Jupiter Refuel Canada Buyer Inc. (dba 4Refuel) | Oil, Gas & Consumable Fuels | 1st Lien/Senior Secured Debt Senior Secured | http://www.goldmansachsbdc.com/20260331#CanadianOvernightRepoRateAverageMember + 5.25% | 2031-06-30 | $33,021,000 | $32,271,000 |
| VRC Companies, LLC (dba Vital Records Control) | Commercial Services & Supplies | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 5.25% | 2027-06-29 | $31,389,000 | $31,429,000 |
| North Star Acquisitionco, LLC (dba Everway) | Software | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 4.50% | 2029-05-03 | $31,667,000 | $31,350,000 |
| Gainsight, Inc. | Software | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 5.50% | 2027-07-30 | $28,954,000 | $28,788,000 |
| Aria Systems, LLC | Financial Services | 1st Lien/Senior Secured Debt Senior Secured | http://fasb.org/us-gaap/2025#SecuredOvernightFinancingRateSofrMember + 10.00% (PIK 2.00%) | 2026-06-30 | $26,659,000 | $26,421,000 |
Loan-Pricing Trend
Fair-value-weighted average credit spread and average mark across this BDC’s Schedule-of-Investments debt holdings, by filing quarter. Spread and mark are shown in the units reported in the filing. Source: SEC EDGAR (public).
| Quarter | Priced Loans | Wtd-Avg Spread | Avg Mark | Debt Fair Value |
|---|---|---|---|---|
| 2022-06-30 | 0 | — | — | $158K |
| 2022-09-30 | 0 | — | — | $166K |
| 2023-03-31 | 0 | — | — | $140K |
| 2023-06-30 | 137 | — | — | $128M |
| 2023-09-30 | 149 | 6.77 | 68.4 | $8.5B |
| 2023-12-31 | 154 | 6.73 | 64.3 | $11.5B |
| 2024-03-31 | 161 | 6.71 | 66.2 | $15.1B |
| 2024-06-30 | 172 | 6.66 | 61.4 | $8.6B |
| 2024-09-30 | 193 | 5.96 | 66.2 | $18.9B |
| 2024-12-31 | 177 | 5.90 | 61.7 | $15.9B |
| 2025-03-31 | 176 | 5.84 | 66.3 | $18.3B |
| 2025-06-30 | 177 | 5.95 | 62.7 | $1.4B |
| 2025-09-30 | 190 | 5.67 | 59.5 | $1.2B |
| 2025-12-31 | 186 | 5.67 | 57.2 | $1.3B |
| 2026-03-31 | 511 | 5.55 | 61.3 | $3.2B |
Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith by each BDC’s board, so figures are estimates as of the filing date and are not directly comparable across managers. Informational only; not investment advice or a valuation.
About Goldman Sachs BDC Inc
Goldman Sachs BDC Inc (GSBD) is a publicly traded Business Development Company (BDC) — essentially a publicly listed fund that lends money to mid-sized private companies. In plain English: BDCs raise money from public investors and lend it to businesses that are too small for Wall Street banks. By law, they must pay out at least 90% of their profits as dividends, which is why BDC yields are often 8–12%. Goldman Sachs BDC Inc discloses its full loan portfolio through SEC filings.
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