What is the 13F Pro Quality Score for GBDC?

13F Pro ranks GOLUB CAPITAL BDC, Inc. (GBDC) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View GBDC's current score at https://13fpro.ai/research/GBDC (free sign-up required for the full ranking).

Which hedge funds own the most GBDC stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of GBDC include STRS OHIO, HighTower Advisors,, Corient Private Wealth. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/GBDC as soon as new 13F filings post.

Where does 13F Pro source GBDC data?

All GOLUB CAPITAL BDC, Inc. fundamentals and ownership data come directly from SEC EDGAR. GOLUB CAPITAL BDC, Inc. files with the SEC under CIK 1476765. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is GBDC in?

GOLUB CAPITAL BDC, Inc. (GBDC) is classified in the Other sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/other.

How often is GBDC research updated on 13F Pro?

GBDC's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

GOLUB CAPITAL BDC, Inc.(GBDC)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Nasdaq

Institutional-grade research for retail investors

SEC EDGAR: CIK 1476765 GBDC stock profile & AI dashboard →

13F Pro Quality Score

Not in ranked universe

Pending next ranking run

This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.

Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.

GBDC Stock Analysis & AI Quality Score

AI stock analysis and institutional research for GOLUB CAPITAL BDC, Inc. (GBDC). GBDC is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q2 2026), GOLUB CAPITAL BDC, Inc. reports net income of $-46.8M, free cash flow of $248.8M. Top institutional holders of GBDC by reported 13-F value include STRS OHIO, HighTower Advisors,, Corient Private Wealth, based on the most recent SEC filings. GBDC trades on the Nasdaq exchange and files with the SEC under CIK 1476765. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate GBDC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for GOLUB CAPITAL BDC, Inc. directly from SEC EDGAR.

Net Income

Q2 2026

$-46.8M

Free Cash Flow

Q2 2026

$248.8M

D/E Ratio

Q2 2026

1.25

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Net Income

+45.6% YoY

$376.6MFY 2025

FY21 $340.3MFY22 $153.4MFY23 $258.6MFY25 $376.6M

EPS (Diluted)

-6.6% YoY

$1.42FY 2025

FY21 $2.03FY22 $0.90FY23 $1.52FY25 $1.42

Total Assets

+56.6% YoY

$8.98BFY 2025

FY21 $5.16BFY22 $5.68BFY23 $5.73BFY25 $8.98B

Total Debt

+57.2% YoY

$4.90BFY 2025

FY21 $2.55BFY22 $3.08BFY23 $3.12BFY25 $4.90B

Op. Cash Flow

-158.1% YoY

$-113.6MFY 2025

FY21 $-306.0MFY22 $-416.5MFY23 $195.4MFY25 $-113.6M

Metric	FY 2025	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Net Income	$376.6M +45.6%	$258.6M +68.6%	$153.4M -54.9%	$340.3M +520.1%	$54.9M	—
EPS (Diluted)	$1.42 -6.6%	$1.52 +68.9%	$0.90 -55.7%	$2.03 +448.6%	$0.37	—
Total Assets	$8.98B +56.6%	$5.73B +0.9%	$5.68B +10.0%	$5.16B	—	—
Total Debt	$4.90B +57.2%	$3.12B +1.3%	$3.08B +20.6%	$2.55B	—	—
Operating Cash Flow	$-113.6M -158.1%	$195.4M +146.9%	$-416.5M -36.1%	$-306.0M -263.1%	$187.7M	—

AI Insight: GBDC Financial Trends

Total debt increased 44% from Q1 2024 to Q1 2026 while equity declined 11% in the same period, indicating rising leverage concerns.

• Total debt surged from $3,267M in Q1 2024 to $4,702M in Q1 2026, a 44% increase over two years.

• Equity declined from $2,594M in Q1 2024 to $3,748M in Q1 2026, though peaked at $4,054M in Q2 2024.

• Operating cash flow showed extreme volatility, ranging from negative $391M in Q1 2025 to positive $266M in Q3 2025.

⚠ Net income dropped to $65M in Q4 2025, the lowest quarterly result since Q2 2024's $9M.

⚠ Debt-to-equity ratio deteriorated as total debt growth outpaced equity expansion throughout the period.

AI Insight: GBDC Ratio Trends

GBDC's profitability deteriorated through 2025 with ROE falling from 12.4% to 6.7% while leverage remained elevated above 1.2x.

• ROE declined from 12.4% in Q1 2025 to 6.7% in Q4 2025, showing consistent weakening profitability.

• ROA dropped from 5.6% in Q1 2025 to 2.9% in Q4 2025, reflecting deteriorating asset efficiency.

• D/E ratio fluctuated between 1.06x and 1.28x, remaining consistently elevated above 1.2x in recent quarters.

⚠ Sharp ROE decline in Q4 2025 to 6.7% marks the lowest level in the dataset.

⚠ D/E ratio stability around 1.25x suggests leverage may have plateaued after earlier volatility.

Get alerted when GBDC's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for GOLUB CAPITAL BDC, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of GBDC

STRS OHIO
$217.0M17,140,532 sh
HighTower Advisors, LLC
$89.2M7,046,645 sh
Corient Private Wealth LLC
$56.6M4,527,780 sh
UBS Group AG
$51.4M4,057,367 sh
Sage Mountain Advisors LLC
$47.6M3,756,271 sh
Sound Income Strategies, LLC
$46.9M3,750,533 sh
OMERS ADMINISTRATION Corp
$45.1M3,559,646 sh
Allen Investment Management, LLC
$42.6M3,365,900 sh
BANK OF AMERICA CORP /DE/
$41.4M3,269,917 sh
ARES MANAGEMENT LLC
$38.7M3,058,356 sh

Fund	Value	Shares
STRS OHIO	$217.0M	17,140,532
HighTower Advisors, LLC	$89.2M	7,046,645
Corient Private Wealth LLC	$56.6M	4,527,780
UBS Group AG	$51.4M	4,057,367
Sage Mountain Advisors LLC	$47.6M	3,756,271
Sound Income Strategies, LLC	$46.9M	3,750,533
OMERS ADMINISTRATION Corp	$45.1M	3,559,646
Allen Investment Management, LLC	$42.6M	3,365,900
BANK OF AMERICA CORP /DE/	$41.4M	3,269,917
ARES MANAGEMENT LLC	$38.7M	3,058,356

More Other Companies

ACV

Virtus Diversified Income & Convertible Fund

ADX

ADAMS DIVERSIFIED EQUITY FUND, INC.

AEF

abrdn Emerging Markets ex-China Fund, Inc.

AFB

ALLIANCEBERNSTEIN NATIONAL MUNICIPAL INCOME FUND

AFCG

Advanced Flower Capital Inc.

AGD

abrdn Global Dynamic Dividend Fund

AIO

Virtus Artificial Intelligence & Technology Opportunities Fund

AOD

abrdn Total Dynamic Dividend Fund

Put GBDC on your watchlist

Track score changes the day GOLUB CAPITAL BDC, Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is GBDC a good stock to buy?

13F Pro's AI-powered analysis of GOLUB CAPITAL BDC, Inc. (GBDC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for GBDC are available on the GBDC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own GBDC?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling GBDC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of GOLUB CAPITAL BDC, Inc.'s investment landscape.