Palmer Square Capital BDC Inc.(PSBD)Stock Analysis
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Limited institutional coverage
Quality rankings require at least 50 unique 13-F institutional holders to ensure peer comparisons are meaningful. Only 45 institutional filers currently hold this stock.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
PSBD Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Palmer Square Capital BDC Inc. (PSBD). PSBD is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least 50 unique 13-f institutional holders to ensure peer comparisons are meaningful. only 45 institutional filers currently hold this stock. Based on the latest XBRL financial filings (Q1 2026), Palmer Square Capital BDC Inc. reports net income of $-37.2M, free cash flow of $29.1M. Top institutional holders of PSBD by reported 13-F value include OV Management, Mariner,, 1248 Management,, based on the most recent SEC filings. PSBD trades on the NYSE exchange and files with the SEC under CIK 1794776. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PSBD 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 Palmer Square Capital BDC Inc. directly from SEC EDGAR.
Net Income
Q1 2026
$-37.2M
Free Cash Flow
Q1 2026
$29.1M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Net Income
-490.8% YoYOperating Income
-98.3% YoYEPS (Diluted)
+21.1% YoYTotal Assets
-13.1% YoYOp. Cash Flow
+105.7% YoY| Metric | FY 2022 | FY 2021 |
|---|---|---|
| Net Income | $-74.5M -490.8% | $19.1M |
| Operating Income | $-33.4M -98.3% | $-16.9M |
| EPS (Diluted) | $1.78 +21.1% | $1.47 |
| Total Assets | $1.06B -13.1% | $1.22B |
| Operating Cash Flow | $25.1M +105.7% | $-438.0M |
AI Insight: PSBD Financial Trends
PSBD's equity base eroded 25% from $549M to $414M over eight quarters despite volatile but generally positive operating cash flows.
• Equity declined consistently from $549M in Q2 2024 to $414M in Q1 2026, a 25% reduction.
• Operating cash flow remained largely positive, ranging from $18M to $56M in recent quarters.
• Net income turned sharply negative to -$37M in Q1 2026 from $3M in Q3 2025.
⚠ Continued equity erosion despite positive operating cash flows suggests significant non-operating losses or distributions.
⚠ Sharp deterioration in net income to -$37M in latest quarter after relatively stable performance.
AI Insight: PSBD Ratio Trends
Palmer Square Capital BDC's profitability collapsed in Q1 2026 with ROE plummeting to -36.0% from -4.6% in Q4 2025.
• ROE deteriorated sharply to -36.0% in Q1 2026 from -4.6% in Q4 2025, marking the worst quarterly performance on record.
• ROA followed the same trajectory, falling to -12.8% in Q1 2026 from -1.7% in Q4 2025.
• Profitability has been highly volatile with ROE swinging from 8.9% in Q4 2024 to negative territory multiple times since.
⚠ The dramatic Q1 2026 profitability decline suggests potential credit losses or asset impairments requiring immediate attention.
⚠ Persistent earnings volatility raises questions about portfolio quality and management's ability to generate stable returns.
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Available Research
13F Pro tracks comprehensive data for Palmer Square Capital BDC Inc. including:
Top Institutional Holders of PSBD
OV Management LLC
$36.4M3,730,065 shMariner, LLC
$30.1M3,080,105 sh1248 Management, LLC
$30.0M2,954,713 shFirst Trust Capital Management L.P.
$12.6M1,288,337 shPandi, LLC
$8.9M911,854 shRIVERNORTH CAPITAL MANAGEMENT, LLC
$8.2M834,603 shBANK OF AMERICA CORP /DE/
$5.6M576,931 shBienville Capital Management, LLC
$5.3M525,222 shArlington Partners LLC
$5.0M510,344 shTWO SIGMA INVESTMENTS, LP
$3.0M310,952 sh
| Fund | Value | Shares |
|---|---|---|
| OV Management LLC | $36.4M | 3,730,065 |
| Mariner, LLC | $30.1M | 3,080,105 |
| 1248 Management, LLC | $30.0M | 2,954,713 |
| First Trust Capital Management L.P. | $12.6M | 1,288,337 |
| Pandi, LLC | $8.9M | 911,854 |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | $8.2M | 834,603 |
| BANK OF AMERICA CORP /DE/ | $5.6M | 576,931 |
| Bienville Capital Management, LLC | $5.3M | 525,222 |
| Arlington Partners LLC | $5.0M | 510,344 |
| TWO SIGMA INVESTMENTS, LP | $3.0M | 310,952 |
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Popular Research
Is PSBD a good stock to buy?
13F Pro's AI-powered analysis of Palmer Square Capital BDC Inc. (PSBD) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PSBD are available on the PSBD 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 PSBD?
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 PSBD. 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 Palmer Square Capital BDC Inc.'s investment landscape.