Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CARLYLE SECURED LENDING INC (CGBD)

154 + Investors. Track Smart Money conviction in CGBD. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
4Q ▲
Buyers last Q
50%

Smart Money Signals — CGBD

Based on 149 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added CGBD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
149 hedge funds hold CGBD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +35% more funds vs a year ago

fund count last 6Q
+39 new funds entered over the past year (+35% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 50% buying

78 buying77 selling
Last quarter: 78 funds bought or added vs 77 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+16 vs last Q)

new funds entering per quarter
Funds opening a new CGBD position: 20 → 44 → 22 → 38. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

45% of holders stayed for 2+ years

■ 45% conviction (2yr+) ■ 22% medium ■ 33% new
67 out of 149 hedge funds have held CGBD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~38 new funds/quarter

15 → 20 → 44 → 22 → 38 new funds/Q
New funds entering each quarter: 20 → 44 → 22 → 38. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 54% of holders stayed 2+ years

■ 54% veterans ■ 11% 1-2yr ■ 35% new
Of 154 current holders: 83 (54%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 23% AUM from major funds

23% from top-100 AUM funds
15 of 149 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: CGBD

How many hedge funds hold CGBD — quarterly history vs. share price
Quarterly hedge fund ownership of CGBD vs. share price

Market Analysis: CGBD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CGBD

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

17 top-rated funds 1 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: CGBD
2026 Q1 Stats Unlock in 22 days 154 + Investors

Track Smart Money conviction in CGBD. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 154 142 8.45%
13F Shares 27M 25M 7.14%
Total Value $335M $312M 7.31%
New Positions 41 22 +19
Increased Positions 42 50 -8
Closed Positions 30 22 +8
Reduced Positions 49 40 +9
Total Calls 5 1 400.0%
Total Puts 3 1 200.0%
PUT/CALL Ratio 0.6 1.0 Bullish

Statistics: CGBD

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

154 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CGBD. Verified SEC 13F-HR filings.

Top 25 institutional holders of CGBD — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Muzinich & Co., Inc. 2.82% 737,744 $8.1M
2 Significant Wealth Partners LLC 2.19% 162,306 $1.8M
3 SMH CAPITAL ADVISORS INC 0.74% 242 $242K
4 Samalin Investment Counsel, LLC 0.42% 107,107 $1.2M
5 DOLIVER ADVISORS, LP 0.32% 126,681 $1.4M
6 NOVARE CAPITAL MANAGEMENT LLC 0.22% 251,395 $2.8M
7 MQS Management LLC 0.16% 22,283 $244K
8 Catalina Capital Group, LLC 0.10% 15,966 $175K
9 Naviter Wealth, LLC 0.10% 69,490 $788K
10 Clarus Group, Inc. 0.08% 21,291 $233K
11 TrueMark Investments, LLC 0.07% 32,883 $360K
12 United Advisor Group, LLC 0.04% 32,298 $353K
13 BI Asset Management Fondsmaeglerselskab A/S 0.03% 282,558 $3K
14 Y-Intercept (Hong Kong) Ltd 0.03% 151,465 $1.7M
15 U.S. Capital Wealth Advisors, LLC 0.02% 71,432 $781K
16 Eagle Strategies LLC 0.02% 14,863 $163K
17 Activest Wealth Management 0.02% 8,125 $89K
18 Avior Wealth Management, LLC 0.01% 43,047 $471K
19 Security National Bank 0.01% 4,911 $54K
20 Lansforsakringar Fondforvaltning AB (publ) 0.01% 134,949 $1.5M
21 Sound Income Strategies, LLC 0.00% 9,383 $102K
22 Farther Finance Advisors, LLC 0.00% 35,178 $382K
23 CHELSEA COUNSEL CO 0.00% 340 $4K
24 TRUIST FINANCIAL CORP 0.00% 67,757 $741K
25 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 31,580 $345K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — CARLYLE SECURED LENDING INC (CGBD)

What does the Smart Money Trend signal show for CGBD?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added CGBD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CGBD?

Slight buying edge — 50% buying: Last quarter: 78 funds bought or added vs 77 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CGBD holders?

Strong quality — 23% AUM from major funds: 15 of 149 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CGBD?

45% of holders stayed for 2+ years: 67 out of 149 hedge funds have held CGBD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.