Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Palmer Square Capital Bdc In (PSBD)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
48%

Smart Money Signals — PSBD

Based on 46 hedge funds · latest filing: 2026 Q1 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
46 hedge funds hold PSBD 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 — +31% more funds vs a year ago

fund count last 6Q
+11 new funds entered over the past year (+31% 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 — 48% buying

20 buying22 selling
Last quarter: 22 funds reduced or exited vs 20 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 — ~8 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 2 → 12 → 12 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 41% entered in last year

■ 24% conviction (2yr+) ■ 35% medium ■ 41% new
Only 11 funds (24%) 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.
💎

Buying through price weakness — shares +2%, value -18%

Value
-18%
Shares
+1%
Last quarter: funds added +2% more shares while total portfolio value only changed -18%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~8 new funds/quarter

7 → 2 → 12 → 12 → 8 new funds/Q
New funds entering each quarter: 2 → 12 → 12 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 4% veterans, 50% new entrants

■ 4% veterans ■ 46% 1-2yr ■ 50% new
Of 46 current holders: 2 (4%) held 2+ years, 21 held 1–2 years, 23 (50%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
11 of 44 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.8
out of 10
Moderate Exit Risk
Exit risk score 4.8/10 — 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.

Institutional Sentiment Summary — PSBD

In 2026 Q1, 20 hedge funds were net buyers of PSBD (8 opened a new position, 12 added to an existing one), while 22 reduced or exited (14 trimmed, 8 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 46.

Hedge Fund Ownership: PSBD

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

Market Analysis: PSBD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PSBD

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Palmer Square Capital Bdc In (PSBD) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PSBD has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
PSBD
+9.9%
XLF
+9.5%

PSBD outperformed XLF by +0.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
PSBD
+0.8%
XLF
+5.8%

Since the filing became public, PSBD outperformed XLF by -5.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 2 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: PSBD
46 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 46 46 -
13F Shares 17M 16M 1.75%
Total Value $165M $201M -18.14%
New Positions 8 12 -4
Increased Positions 12 12 -
Closed Positions 8 5 +3
Reduced Positions 14 13 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PSBD

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Financial Highlights

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Institutional Holders (2026 Q1)

46 + investors

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

QUARTER:
Top 25 PSBD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 OV Management LLC 74.34% 3,730,065 $36.4M
2 1248 Management, LLC 13.89% 2,954,713 $30.0M
3 Arlington Partners LLC 9.95% 510,344 $5.0M
4 Pandi, LLC 1.46% 911,854 $8.9M
5 Sunesis Advisors, LLC 1.32% 298,959 $2.9M
6 Bienville Capital Management, LLC 0.97% 525,222 $5.3M
7 First Trust Capital Management L.P. 0.66% 1,288,337 $12.6M
8 Rivernorth Capital Management, LLC 0.41% 834,603 $8.2M
9 Mid-American Wealth Advisory Group, Inc. 0.28% 54,528 $665K
10 NewGen Asset Management Ltd 0.28% 73,684 $720K
11 Opal Wealth Advisors, LLC 0.27% 122,809 $1.2M
12 StoryOne LLC 0.24% — $423K
13 Vivaldi Capital Management LP 0.23% 167,776 $1.6M
14 Waterfront Wealth Inc. 0.08% 42,313 $413K
15 Hennion & Walsh Asset Management, Inc. 0.07% 213,940 $2.1M
16 Advisor OS, LLC 0.04% 63,370 $619K
17 Nottingham Advisors, INC. 0.04% 31,220 $305K
18 TrueMark Investments, LLC 0.04% 19,228 $188K
19 Mariner, LLC 0.04% 3,080,105 $30.1M
20 Clear Harbor Asset Management, LLC 0.02% 36,692 $358K
21 Curi Capital, LLC 0.01% 60,000 $586K
22 Dorsey & Whitney Trust CO LLC 0.01% 10,452 $102K
23 Two Sigma Advisers, LP 0.00% 193,600 $2.4M
24 Trexquant Investment LP 0.00% 64,974 $635K
25 Arlington Trust Co LLC 0.00% 5,198 $51K
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 — Palmer Square Capital Bdc In (PSBD)

What does the Smart Money Trend signal show for PSBD?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for PSBD?

More sellers than buyers — 48% buying: Last quarter: 22 funds reduced or exited vs 20 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 PSBD holders?

Smaller funds dominant — 4% AUM from top-100: 11 of 44 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PSBD?

Mostly new holders — 41% entered in last year: Only 11 funds (24%) 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.

Is it too late to buy Palmer Square Capital Bdc In (PSBD) following the 2026 Q1 hedge fund 13F filings?

As of today, PSBD has moved +0.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of -5.0%. Since the quarter end (March 31, 2026), PSBD has gained +9.9% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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