Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

KAYNE ANDERSON BDC INC (KBDC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
7Q ▲
Buyers last Q
44%

Smart Money Signals — KBDC

Based on 84 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds added KBDC 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
84 hedge funds hold KBDC 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 — +87% more funds vs a year ago

fund count last 6Q
+39 new funds entered over the past year (+87% 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.
🟠

More sellers than buyers — 44% buying

40 buying50 selling
Last quarter: 50 funds reduced or exited vs 40 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~26 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 22 → 18 → 25 → 26. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 52% entered in last year

■ 1% conviction (2yr+) ■ 46% medium ■ 52% new
Only 1 funds (1%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📈

Growing discovery — still being found

30 → 22 → 18 → 25 → 26 new funds/Q
New funds entering each quarter: 22 → 18 → 25 → 26. A growing number of institutions are discovering KBDC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 81% of holders entered in last year

■ 2% veterans ■ 17% 1-2yr ■ 81% new
Of 84 current holders: 68 (81%) entered in the past year, only 2 (2%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 24% AUM from major funds

24% from top-100 AUM funds
8 of 84 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.5
out of 10
Moderate Exit Risk
Exit risk score 5.5/10 — 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: KBDC

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

Market Analysis: KBDC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KBDC

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

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 3 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: KBDC
2026 Q1 Stats Unlock in 19 days 84 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 84 83 1.2%
13F Shares 30M 28M 8.05%
Total Value $431M $372M 15.97%
New Positions 26 25 +1
Increased Positions 14 19 -5
Closed Positions 25 9 +16
Reduced Positions 25 18 +7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: KBDC

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

84 + investors

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

Top 22 institutional holders of KBDC — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 AG Asset Advisory, LLC 2.31% 203,300 $2.8M
2 Activest Wealth Management 0.60% 246,966 $3.4M
3 MQS Management LLC 0.14% 14,896 $204K
4 Catalina Capital Group, LLC 0.13% 15,373 $211K
5 Inscription Capital, LLC 0.12% 81,132 $1.1M
6 Veery Capital, LLC 0.06% 14,901 $204K
7 Accredited Investors Inc. 0.04% 50,898 $698K
8 Adams Asset Advisors, LLC 0.03% 20,341 $279K
9 Sovereign Financial Group, Inc. 0.03% 11,320 $155K
10 HB Wealth Management, LLC 0.02% 235,341 $3.2M
11 Belpointe Asset Management LLC 0.02% 38,168 $524K
12 SNS Financial Group, LLC 0.02% 14,947 $211K
13 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.02% 74,967 $1.0M
14 Magnus Financial Group LLC 0.01% 13,225 $181K
15 Generali Investments CEE, investicni spolecnost, a.s. 0.01% 15,835 $217K
16 Security National Bank 0.01% 4,404 $60K
17 Apollon Wealth Management, LLC 0.01% 31,354 $430K
18 Balentine LLC 0.01% 11,922 $164K
19 Founders Capital Management 0.01% 800 $11K
20 CARY STREET PARTNERS FINANCIAL LLC 0.00% 14,480 $199K
21 TRUIST FINANCIAL CORP 0.00% 25,119 $345K
22 Sound Income Strategies, LLC 0.00% 250 $3K
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 — KAYNE ANDERSON BDC INC (KBDC)

What does the Smart Money Trend signal show for KBDC?

Buying streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds added KBDC 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 KBDC?

More sellers than buyers — 44% buying: Last quarter: 50 funds reduced or exited vs 40 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for KBDC holders?

Strong quality — 24% AUM from major funds: 8 of 84 holders rank in the top 100 by AUM, accounting for 24% 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 KBDC?

Mostly new holders — 52% entered in last year: Only 1 funds (1%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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.