GBDC Golub Capital BDC, Inc. - Closed End Fund
$13.24
Price · Aug 20, 2026
Fundamentals as of Aug 3, 2026
52W Range
$12–$15
50% of range
Analyst Rating
BUY
13 analysts
Price Target
$14
+3% upside
P/E (TTM)
9.2
ROE
9.4%
Net Profit Margin
—
GBDC Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$13.24
Market Cap
$3.46B
P/E (TTM)
9.2
EPS (TTM)
$1.42
Revenue (TTM)
—
Div Yield
10.6%
ROE
9.4%
Debt/Equity
—
52W Range
$12 – $15
GBDC Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
—
EPS
$1.42
2020-09-30
→
2025-09-30
Free Cash Flow
—
Margins
—
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
GBDC
Peer Median
P/E (TTM)
9.2
15.8
P/B
0.9
1.9
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
GBDC
Peer Median
ROA
4.3%
4.3%
ROE
9.4%
12.2%
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
GBDC
Peer Median
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
GBDC
Peer Median
EPS YoY
4.4%
—
Net Income YoY
37.6%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
GBDC
Peer Median
Payout Ratio
97.8%
—
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
10.6%
Payout Ratio
97.8%
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| June 15, 2026 | $0.3300 |
| March 13, 2026 | $0.3300 |
| Dec. 12, 2025 | $0.3900 |
| Sept. 15, 2025 | $0.3900 |
| June 13, 2025 | $0.3900 |
| March 3, 2025 | $0.3900 |
| Dec. 9, 2024 | $0.3900 |
| Nov. 29, 2024 | $0.0900 |
| Aug. 30, 2024 | $0.3900 |
| Aug. 16, 2024 | $0.1000 |
| June 13, 2024 | $0.0500 |
| May 15, 2024 | $0.0600 |
| May 1, 2024 | $0.3900 |
| Feb. 29, 2024 | $0.3900 |
| Feb. 14, 2024 | $0.0700 |
| Dec. 7, 2023 | $0.3700 |
| Nov. 30, 2023 | $0.0700 |
| Aug. 31, 2023 | $0.3700 |
| Aug. 17, 2023 | $0.0400 |
| June 1, 2023 | $0.3300 |
GBDC Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
13 analysts
- Strong Buy 4 30.8%
- Buy 7 53.8%
- Hold 2 15.4%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
6 analysts · 2026-08-18
Median
$13.62
Now
$13.24
Low
$13.00
High
$14.00
Median target
$13.62
+2.9%
Mean target
$13.62
+2.9%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-0.17%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.22 | $0.34 | -0.12% |
| March 31, 2026 | $-0.18 | $0.37 | -0.55% |
| Dec. 31, 2025 | $0.25 | $0.38 | -0.13% |
| Sept. 30, 2025 | $0.36 | $0.40 | -0.04% |
| June 30, 2025 | $0.34 | $0.39 | -0.05% |
| March 31, 2025 | $0.30 | $0.42 | -0.12% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| GBDC | $3.64B | 9.6 | — | — | 9.4% | — |
| OTF | $6.75B | 7.9 | — | — | 9.0% | — |
| FHI | — | 10.2 | 10.3% | 22.4% | 34.9% | — |
| CNS | $3.20B | 21.1 | 7.5% | 27.6% | 28.5% | — |
| APAM | $3.29B | 10.1 | 7.6% | 24.3% | 70.2% | — |
| AB | — | — | — | — | — | — |
| FSK | $4.15B | 370.2 | — | — | 0.18% | — |
| AAMI | — | 21.3 | 11.5% | 14.2% | — | — |
| HTGC | — | — | — | — | — | — |
| DBRG | — | 33.3 | -84.5% | 151.0% | 7.0% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| SG&A Expense | $2M | $1M | $2M | $2M | $1M | $1M | |
| Interest Expense | · | · | $151M | $89M | $66M | $75M | |
| Net Income | $377M | $274M | $259M | $153M | $340M | $55M | |
| EPS (Basic) | $1.42 | $1.36 | $1.52 | $0.90 | $2.03 | $0.37 | |
| EPS (Diluted) | $1.42 | $1.36 | $1.52 | $0.90 | $2.03 | $0.37 | |
| Shares (Basic) | 265,999,341 | 201,260,961 | 170,324,784 | 170,674,570 | 167,994,042 | 148,913,560 | |
| Shares (Diluted) | 265,999,341 | 201,260,961 | 170,324,784 | 170,674,570 | 167,994,042 | 148,913,560 |
Balance Sheet 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $12M | $123M | $66M | $117M | $176M | · | |
| Total Assets | $8.98B | $8.70B | $5.73B | $5.68B | $5.16B | · | |
| Total Liabilities | $5.00B | $4.69B | $3.19B | $3.14B | $2.58B | · | |
| Long-term Debt | $4.90B | $4.60B | $3.12B | $3.08B | $2.55B | · | |
| Common Stock | $266.0K | $264.0K | $170.0K | $171.0K | $170.0K | · | |
| Paid-in Capital | $4.03B | $4.17B | $2.65B | $2.68B | $2.66B | · | |
| Retained Earnings | $-49M | $-153M | $-99M | $-132M | $-82M | · | |
| Stockholders' Equity | $3.98B | $4.01B | $2.55B | $2.54B | $2.58B | $2.40B | |
| Liabilities + Equity | $8.98B | $8.70B | $5.73B | $5.68B | $5.16B | · | |
| Shares Outstanding | 266,008,083 | 264,277,128 | 169,594,742 | 170,895,670 | 170,028,584 | 167,259,511 |
Cash Flow 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $-114M | $344M | $195M | $-416M | $-306M | $188M | |
| Debt Issued | $4.80B | $2.93B | $653M | $1.29B | $3.36B | $1.05B | |
| Net Debt Issued | $288M | $238M | $25M | $551M | · | · | |
| Stock Issued | $37M | $0 | $0 | $0 | $0 | $300M | |
| Stock Repurchased | $41M | $5M | $17M | $0 | $0 | $46M | |
| Net Stock Activity | $-3M | $-5M | $-17M | $-36M | · | · | |
| Dividends Paid | $368M | $338M | $191M | $155M | $139M | $136M | |
| Financing Cash Flow | $-132M | $-124M | $-236M | $353M | $367M | $-88M |
Profitability 2
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| ROA | 4.3% | 3.8% | 4.5% | 2.8% | · | · | |
| ROE | 9.4% | 6.8% | 10.2% | 6.0% | · | · |
Growth Rates 7
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| EPS YoY | 4.4% | -10.5% | 68.9% | -55.7% | 448.7% | · | |
| EPS CAGR 3Y | 16.4% | -12.5% | 60.2% | · | · | · | |
| EPS CAGR 5Y | 30.9% | · | · | · | · | · | |
| Net Income YoY | 37.6% | 5.9% | 68.6% | -54.9% | 520.1% | · | |
| Net Income CAGR 3Y | 34.9% | -7.0% | 67.7% | · | · | · | |
| Net Income CAGR 5Y | 47.0% | · | · | · | · | · | |
| Dividend CAGR 5Y | 22.0% | · | · | · | · | · |
Valuation (TTM) 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Net Income TTM | $377M | $274M | $259M | $153M | $340M | $55M | |
| Market Cap | $3.64B | $3.99B | $2.49B | $2.12B | · | · | |
| P/E | 9.6 | 11.1 | 9.7 | 13.8 | 7.8 | 35.8 | |
| P/B | 0.9 | 1.0 | 1.0 | 0.8 | · | · | |
| P / Tangible Book | 0.9 | 1.0 | 1.0 | 0.8 | · | · | |
| P / Cash Flow | -32.1 | 11.6 | 12.7 | -5.1 | · | · | |
| Dividend Yield | 10.1% | 8.5% | 7.7% | 7.3% | · | · | |
| Earnings Yield | 10.4% | 9.0% | 10.4% | 7.3% | 12.8% | 2.8% | |
| Payout Ratio | 97.8% | 123.5% | 74.0% | 101.2% | · | · | |
| Annual Payout | $368M | $338M | $191M | $155M | $139M | $136M |
Income Statement 7
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SG&A Expense | $372.0K | $375.0K | $398.0K | $476.0K | $475.0K | $408.0K | $561.0K | $346.0K | $370.0K | $384.0K | $381.0K | $327.0K | $317.0K | $313.0K | $472.0K | |
| Interest Expense | · | · | · | · | · | · | · | · | $60M | $44M | $42M | $39M | $36M | $34M | $23M | |
| Net Income | $57M | $-47M | $65M | $96M | $90M | $79M | $111M | $95M | $9M | $94M | $76M | $73M | $59M | $26M | $15M | |
| EPS (Basic) | $0.22 | $-0.18 | $0.25 | $0.36 | $0.34 | $0.30 | $0.42 | $0.31 | $0.05 | $0.55 | $0.45 | $0.43 | $0.34 | $0.15 | $0.09 | |
| EPS (Diluted) | $0.22 | $-0.18 | $0.25 | $0.36 | $0.34 | $0.30 | $0.42 | $0.31 | $0.05 | $0.55 | $0.45 | $0.43 | $0.34 | $0.15 | $0.09 | |
| Shares (Basic) | 260,446,791 | 262,676,687 | 263,678,730 | -531,672,502 | 266,844,118 | 266,484,213 | 264,343,512 | -338,996,301 | 199,969,889 | 170,637,140 | 169,650,233 | 169,980,131 | 170,835,435 | 170,895,670 | 170,895,670 | |
| Shares (Diluted) | 260,446,791 | 262,676,687 | 263,678,730 | -531,672,502 | 266,844,118 | 266,484,213 | 264,343,512 | -338,996,301 | 199,969,889 | 170,637,140 | 169,650,233 | 169,980,131 | 170,835,435 | 170,895,670 | 170,895,670 |
Balance Sheet 10
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | · | · | · | $12M | $92M | $103M | $104M | $123M | $141M | $293M | $71M | $85M | $77M | $96M | · | |
| Total Assets | $8.34B | $8.53B | $8.89B | $8.98B | $9.24B | $8.95B | $9.01B | $8.70B | $8.48B | $5.94B | $5.70B | $5.74B | $5.67B | $5.67B | · | |
| Total Liabilities | $4.63B | $4.78B | $4.98B | $5.00B | $5.24B | $4.91B | $4.99B | $4.69B | $4.42B | $3.35B | $3.14B | $3.22B | $3.17B | $3.15B | · | |
| Long-term Debt | $4.54B | $4.70B | $4.88B | $4.90B | $5.13B | $4.81B | $4.89B | $4.60B | $4.32B | $3.27B | $3.07B | $3.15B | $3.10B | $3.08B | · | |
| Common Stock | $260.0K | $261.0K | $263.0K | $266.0K | $266.0K | $269.0K | $265.0K | $264.0K | $265.0K | $172.0K | $171.0K | $170.0K | $170.0K | $171.0K | · | |
| Paid-in Capital | $3.95B | $3.97B | $4.00B | $4.03B | $4.20B | $4.24B | $4.19B | $4.17B | $4.22B | $2.68B | $2.66B | $2.66B | $2.67B | $2.68B | · | |
| Retained Earnings | $-248M | $-220M | $-86M | $-49M | $-208M | $-194M | $-169M | $-153M | $-164M | $-83M | $-98M | $-144M | $-161M | $-163M | · | |
| Stockholders' Equity | $3.70B | $3.75B | $3.91B | $3.98B | $4.00B | $4.04B | $4.02B | $4.01B | $4.05B | $2.59B | $2.56B | $2.52B | $2.51B | $2.51B | · | |
| Liabilities + Equity | $8.34B | $8.53B | $8.89B | $8.98B | $9.24B | $8.95B | $9.01B | $8.70B | $8.48B | $5.94B | $5.70B | $5.74B | $5.67B | $5.67B | · | |
| Shares Outstanding | 260,033,889 | 261,147,881 | 263,384,785 | 266,008,083 | 266,376,416 | 268,831,114 | 265,498,597 | 264,277,128 | 264,609,056 | 171,517,307 | 170,585,795 | 169,599,992 | 170,144,126 | 170,895,670 | · |
Cash Flow 9
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $193M | $249M | $212M | $266M | $-200M | $195M | $-375M | $-200M | $231M | $149M | $164M | $49M | $30M | $53M | $-186M | |
| Debt Issued | $639M | $213M | $165M | $1.28B | $-214M | $341M | $3.39B | $962M | $821M | $582M | $564M | $202M | $235M | $77M | $277M | |
| Net Debt Issued | · | · | $-25M | · | · | · | $352M | · | · | · | $-66M | · | · | $-11M | · | |
| Stock Issued | $0 | · | · | $0 | $0 | · | · | $0 | $0 | · | · | · | · | · | · | |
| Stock Repurchased | $14M | $28M | $36M | $5M | $34M | $1M | $0 | $5M | $0 | · | · | $7M | $496.0K | $9M | $0 | |
| Net Stock Activity | · | · | $-36M | · | · | · | · | · | · | · | · | · | · | $-9M | · | |
| Dividends Paid | $71M | $72M | $84M | $87M | $83M | $89M | $108M | $139M | $76M | $64M | $60M | $45M | $44M | $47M | $39M | |
| Financing Cash Flow | $-256M | $-274M | $-164M | $-332M | $133M | $-170M | $238M | $94M | $-227M | $140M | $-131M | $-15M | $-58M | $-67M | $134M | |
| Taxes Paid | · | · | · | · | · | · | · | · | · | · | · | · | · | $2M | · |
Profitability 2
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 0.65% | -0.54% | 0.73% | · | 1.0% | 1.1% | 1.5% | · | 0.13% | 1.6% | 1.3% | 2.5% | 2.1% | 0.90% | · | |
| ROE | 1.5% | -1.2% | 1.7% | · | 2.2% | 2.4% | 3.4% | · | 0.28% | 3.7% | 3.0% | 5.8% | 4.7% | 2.0% | · |
Valuation (TTM) 8
| Metric | Trend | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income TTM | $166M | $187M | $346M | · | $290M | $293M | $290M | · | $252M | $301M | $233M | $172M | $166M | $171M | · | |
| Market Cap | $3.35B | $3.31B | $3.57B | · | $3.90B | $4.07B | $4.02B | · | $4.16B | $2.85B | $2.58B | $2.29B | $2.31B | $2.25B | · | |
| P/E | 20.4 | 17.8 | 10.4 | · | 13.2 | 11.5 | 10.3 | · | 10.6 | 9.4 | 11.0 | 13.4 | 14.0 | 13.2 | · | |
| P/B | 0.9 | 0.9 | 0.9 | · | 1.0 | 1.0 | 1.0 | · | 1.0 | 1.1 | 1.0 | 0.9 | 0.9 | 0.9 | · | |
| P / Tangible Book | 0.9 | 0.9 | 0.9 | · | 1.0 | 1.0 | 1.0 | · | 1.0 | 1.1 | 1.0 | 0.9 | 0.9 | 0.9 | · | |
| P / Cash Flow | · | · | 16.9 | · | · | · | -10.7 | · | · | · | 15.7 | · | · | 42.5 | · | |
| Earnings Yield | 4.9% | 5.6% | 9.7% | · | 7.6% | 8.7% | 9.7% | · | 9.4% | 10.6% | 9.1% | 7.5% | 7.1% | 7.6% | · | |
| Payout Ratio | · | · | 129.5% | · | · | · | 97.3% | · | · | · | 78.8% | · | · | 184.7% | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | |
|---|---|---|---|---|---|
| Net Income | $377M | $274M | $259M | $153M | $340M |
| Diluted EPS | $1.42 | $1.36 | $1.52 | $0.90 | $2.03 |
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
My Metrics Your personal watchlist — selected rows from Full Fundamentals
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Institutional owners (13F) 345 filers · $1.4B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 30 (-28 vs prior Q) | 50 (-4 vs prior Q) | 119 (-4 vs prior Q) | 107 (0 vs prior Q) | +2.6M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| STRS OHIO | $226,387,164 | 17,576,643 | 15.71% | Shares |
| HighTower Advisors, LLC | $94,614,995 | 7,345,885 | 6.56% | Shares |
| Northeast Financial Consultants Inc | $56,945,861 | 3,887,089 | 3.95% | Shares |
| Corient Private Wealth LP | $50,833,219 | 3,946,679 | 3.53% | Shares |
| Sound Income Strategies, LLC | $49,924,004 | 3,876,087 | 3.46% | Shares |
| Sage Mountain Advisors LLC | $49,319,628 | 3,829,164 | 3.42% | Shares |
| VAN ECK ASSOCIATES CORP | $47,705,781 | 3,703,865 | 3.31% | Shares |
| OMERS ADMINISTRATION Corp | $47,014,769 | 3,650,215 | 3.26% | Shares |
| Lindbrook Capital, LLC | $45,651,723 | 3,015,305 | 3.17% | Shares |
| ARES MANAGEMENT LLC | $43,239,641 | 3,357,115 | 3.00% | Shares |
| Allen Investment Management, LLC | $40,881,865 | 3,174,058 | 2.84% | Shares |
| Generali Asset Management SPA SGR | $33,883,918 | 2,630,739 | 2.35% | Shares |
| Lalia Capital, LLC | $33,556,019 | 2,605,281 | 2.33% | Shares |
| BANK OF AMERICA CORP /DE/ | $32,736,065 | 2,541,620 | 2.27% | Shares |
| Legal & General Group Plc | $31,482,990 | 2,443,383 | 2.18% | Shares |
| Muzinich & Co., Inc. | $26,469,322 | 2,055,071 | 1.84% | Shares |
| FRANKLIN RESOURCES INC | $21,284,432 | 1,652,518 | 1.48% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $19,998,132 | 1,552,650 | 1.39% | Shares |
| Arnhold LLC | $19,797,706 | 1,537,089 | 1.37% | Shares |
| Ensign Peak Advisors, Inc | $16,614,891 | 1,289,976 | 1.15% | Shares |
| MAI Capital Management | $15,397,890 | 1,195,488 | 1.07% | Shares |
| Coastal Bridge Advisors, LLC | $15,368,155 | 1,193,180 | 1.07% | Shares |
| Hirtle & Co., LLC | $13,003,906 | 1,009,620 | 0.90% | Shares |
| BlackRock, Inc. | $12,814,686 | 994,929 | 0.89% | Shares |
| Union Bancaire Privee, UBP SA | $12,553,442 | 6,165 | 0.87% | Shares |
| BROWN BROTHERS HARRIMAN & CO | $12,140,044 | 942,550 | 0.84% | Shares |
| Rockefeller Capital Management L.P. | $12,127,790 | 941,598 | 0.84% | Shares |
| Nuveen, LLC | $12,074,664 | 931,687 | 0.84% | Shares |
| SIGMA INVESTMENT COUNSELORS INC | $11,854,478 | 936,373 | 0.82% | Shares |
| Arax Advisory Partners | $11,139,612 | 864,877 | 0.77% | Shares |
| BANK OF MONTREAL /CAN/ | $9,702,723 | 753,317 | 0.67% | Shares |
| D. E. Shaw & Co., Inc. | $8,815,523 | 684,435 | 0.61% | Shares |
| Prairiewood Capital, LLC | $7,244,123 | 562,432 | 0.50% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $7,185,991 | 557,919 | 0.50% | Shares |
| Next Capital Management LLC | $6,510,093 | 505,442 | 0.45% | Shares |
| Edge Capital Group, LLC | $6,460,736 | 426,170 | 0.45% | Shares |
| CAPTRUST FINANCIAL ADVISORS | $6,109,303 | 474,325 | 0.42% | Shares |
| IEQ CAPITAL, LLC | $5,904,535 | 458,427 | 0.41% | Shares |
| Focus Partners Wealth | $5,656,583 | 439,175 | 0.39% | Shares |
| COMMONWEALTH EQUITY SERVICES, LLC | $5,649,600 | 438,634 | 0.39% | Shares |
| Advisors Capital Management, LLC | $5,613,787 | 435,853 | 0.39% | Shares |
| Pathstone Holdings, LLC | $5,451,014 | 423,216 | 0.38% | Shares |
| CONDOR CAPITAL MANAGEMENT | $5,354,813 | 415,746 | 0.37% | Shares |
| Schechter Investment Advisors, LLC | $4,925,602 | 325,337 | 0.34% | Shares |
| FIRST TRUST ADVISORS LP | $4,896,757 | 380,183 | 0.34% | Shares |
| STATE STREET CORP | $4,869,207 | 378,044 | 0.34% | Shares |
| Wealthspire Advisors, LLC | $4,818,859 | 374,135 | 0.33% | Shares |
| CASTLEKEEP INVESTMENT ADVISORS LLC | $4,715,640 | 366,121 | 0.33% | Shares |
| LPL Financial LLC | $4,685,507 | 363,782 | 0.33% | Shares |
| Tranquility Partners, LLC | $4,507,771 | 349,982 | 0.31% | Shares |
| TWO SIGMA INVESTMENTS, LP | $4,439,826 | 344,707 | 0.31% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $4,432,005 | 344,100 | 0.31% | Shares |
| BROWN ADVISORY INC | $4,422,657 | 343,374 | 0.31% | Shares |
| DENALI ADVISORS LLC | $4,417,322 | 342,960 | 0.31% | Shares |
| D.A. DAVIDSON & CO. | $4,266,340 | 331,237 | 0.30% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $3,959,042 | 307,379 | 0.27% | Shares |
| NEUBERGER BERMAN GROUP LLC | $3,872,874 | 300,689 | 0.27% | Shares |
| &PARTNERS | $3,828,390 | 297,235 | 0.27% | Shares |
| Family Manage LLC | $3,707,907 | 287,881 | 0.26% | Shares |
| Robertson Stephens Wealth Management, LLC | $3,550,841 | 275,686 | 0.25% | Shares |
| Naviter Wealth, LLC | $3,450,532 | 267,898 | 0.24% | Shares |
| CITADEL ADVISORS LLC | $3,403,025 | 264,210 | 0.24% | Shares |
| TRED AVON FAMILY WEALTH, LLC | $3,232,756 | 250,990 | 0.22% | Shares |
| United Advisor Group, LLC | $3,129,756 | 242,994 | 0.22% | Shares |
| OPPENHEIMER & CO INC | $3,043,080 | 236,264 | 0.21% | Shares |
| Anchor Investment Management, LLC | $3,035,896 | 239,802 | 0.21% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $2,834,321 | 220,056 | 0.20% | Shares |
| Granite FO LLC | $2,821,042 | 219,025 | 0.20% | Shares |
| Abundance Wealth Counselors | $2,816,882 | 218,702 | 0.20% | Shares |
| Snowden Capital Advisors LLC | $2,779,392 | 215,791 | 0.19% | Shares |
| GraniteShares Advisors LLC | $2,654,581 | 206,101 | 0.18% | Shares |
| Advisors Asset Management, Inc. | $2,471,883 | 163,053 | 0.17% | Shares |
| HB Wealth Management, LLC | $2,312,325 | 179,528 | 0.16% | Shares |
| Adams Asset Advisors, LLC | $2,283,611 | 177,299 | 0.16% | Shares |
| PRELUDE CAPITAL MANAGEMENT, LLC | $2,276,540 | 176,750 | 0.16% | Shares |
| Waterloo Capital, L.P. | $2,212,393 | 171,770 | 0.15% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2,134,216 | 165,700 | 0.15% | Call option |
| Silverberg Bernstein Capital Management LLC | $2,008,559 | 155,944 | 0.14% | Shares |
| Bayshore Capital Advisors, LLC | $1,866,415 | 144,908 | 0.13% | Shares |
| STABLEFORD CAPITAL II LLC | $1,813,556 | 140,804 | 0.13% | Shares |
| Bank of New York Mellon Corp | $1,787,435 | 138,776 | 0.12% | Shares |
| Texas Yale Capital Corp. | $1,785,866 | 138,654 | 0.12% | Shares |
| Cetera Investment Advisers | $1,782,028 | 138,356 | 0.12% | Shares |
| Parallel Advisors, LLC | $1,740,528 | 135,134 | 0.12% | Shares |
| BluePointe Capital Management, LLC | $1,711,073 | 113,017 | 0.12% | Shares |
| RAYMOND JAMES FINANCIAL INC | $1,704,208 | 132,314 | 0.12% | Shares |
| Advisor OS, LLC | $1,698,193 | 131,847 | 0.12% | Shares |
| Focused Wealth Management, Inc | $1,615,031 | 125,391 | 0.11% | Shares |
| LRI Investments, LLC | $1,599,424 | 124,179 | 0.11% | Shares |
| Berkeley Capital Partners, LLC | $1,558,929 | 121,035 | 0.11% | Shares |
| AlphaQuest LLC | $1,553,168 | 114,456 | 0.11% | Shares |
| CURA WEALTH ADVISORS, LLC | $1,548,176 | 120,200 | 0.11% | Shares |
| Independent Family Office, LLC | $1,532,887 | 119,013 | 0.11% | Shares |
| Legacy Capital Wealth Partners, LLC | $1,524,102 | 118,331 | 0.11% | Shares |
| Whipplewood Advisors, LLC | $1,442,908 | 112,027 | 0.10% | Shares |
| Osbon Capital Management LLC | $1,439,413 | 111,755 | 0.10% | Shares |
| Alpine Global Management, LLC | $1,406,702 | 109,216 | 0.10% | Shares |
| RIVERBRIDGE PARTNERS LLC | $1,383,081 | 107,382 | 0.10% | Shares |
| UBS Group AG | $1,316,800 | 102,236 | 0.09% | Shares |
| Global Wealth Management Investment Advisory, Inc. | $1,303,272 | 101,186 | 0.09% | Shares |
Company insiders 11 insiders · 3 officers · 4 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Ross Teune | CFO and Treasurer | March 12, 2021 J | 26,076 | 0 | 0 | $0 |
| Sean K Coleman | Chief Financial Officer | April 20, 2010 P | 32,259 | 0 | 0 | $0 |
| Joshua M Levinson | CCO and Secretary | March 9, 2016 J | 5,205 | 0 | 0 | $0 |
| John Thomas Baily | Director | Sept. 11, 2024 D | 83,108 | 0 | 0 | $0 |
| Anita R Rosenberg | Director | May 7, 2012 P | 33,760 | 0 | 0 | $0 |
| Kenneth F Bernstein | Director | May 13, 2011 P | 23,539 | 0 | 0 | $0 |
| Thomas E. Lynch | Director | April 20, 2010 P | 9,677 | 0 | 0 | $0 |
| Lawrence E Golub | — | Aug. 7, 2026 S | 0 | 0 | 1 | $-21,893,614 |
| David Golub | — | Aug. 7, 2026 S | 0 | 0 | 1 | $-21,893,614 |
| William M Webster IV | — | May 6, 2020 X | 255,017 | 0 | 0 | $0 |
| STRS OHIO | — | Sept. 23, 2019 | — | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Lawrence E. Golub ×9 filings | May 18, 2020 | — | Initial filing | Passive investment | SEC |
| David B. Golub ×9 filings | May 18, 2020 | — | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 17 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| FBDC · First Trust Exchange-Traded Fund VI… | 9.60% | 250,338 NS | May 31, 2026 | N-PORT |
| LBO · EA Series Trust | 5.57% | 34,828 NS | April 30, 2026 | N-PORT |
| PEX · ProShares Trust | 4.46% | 37,654 NS | May 31, 2026 | N-PORT |
| HYIN · WisdomTree Trust | 3.31% | 129,485 NS | May 31, 2026 | N-PORT |
| FXED · Tidal Trust I | 2.63% | 79,660 NS | May 31, 2026 | N-PORT |
| VPC · ETFis Series Trust I | 1.69% | 41,057 NS | April 30, 2026 | N-PORT |
| FYT · First Trust Exchange-Traded AlphaDE… | 0.64% | 86,310 NS | April 30, 2026 | N-PORT |
| PSP · Invesco Exchange-Traded Fund Trust | 0.46% | 85,619 | Aug. 19, 2026 | Daily |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.31% | 274,189 NS | April 30, 2026 | N-PORT |
| BSCT · Invesco Exchange-Traded Self-Indexe… | 0.18% | 5,142,000 | Aug. 19, 2026 | Daily |
| BSCS · Invesco Exchange-Traded Self-Indexe… | 0.17% | 5,653,000 | Aug. 19, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.13% | 13,342 NS | April 30, 2026 | N-PORT |
| BSV · VANGUARD BOND INDEX FUNDS | — | — | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | — | — | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | — | — | July 14, 2026 | Daily |