Who owns KBDC?
Institutional ownership of Kayne Anderson BDC Inc. from Form 13F, Q2 2026
93 institutional managers reported holding Kayne Anderson BDC Inc. (KBDC) in Form 13F filings for Q2 2026, with 31,978,595 shares worth $433M. The largest reported holder was Koch, Inc. Managers that filed both quarters cut a net 4,778,584 shares (-13.0%). 17 opened new positions and 16 sold out.
- Funds holding
- 93
- Value held
- $433M
- New / sold out
- 17 / 16
- Net shares, same filers
- -13.0%
Holdings as of June 30, 2026, the end of Q2 2026. Managers have 45 days after a quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.
Largest holders of KBDC
| Fund | Value | Share of 13F holdings | Shares | Move |
|---|---|---|---|---|
| Koch, Inc. | $142M | 32.8% | 10,485,004 | Trimmed |
| State of Michigan Retirement System | $88.8M | 20.5% | 6,566,762 | Unchanged |
| HF Capital, LLC | $30.0M | 6.9% | 2,216,905 | Trimmed |
| Pathstone Holdings, LLC | $14.4M | 3.3% | 1,063,041 | Trimmed |
| Russell Investments Group, Ltd. | $10.8M | 2.5% | 796,324 | Added |
| Franklin Resources Inc | $10.6M | 2.4% | 779,757 | Added |
| UBS Group AG | $10.1M | 2.3% | 747,232 | Added |
| Van Eck Associates Corp | $9.1M | 2.1% | 669,889 | Added |
| Requisite Capital Management, LLC | $9.0M | 2.0% | 645,130 | Added |
| Morgan Stanley | $9.0M | 2.1% | 662,123 | Added |
| Columbus Macro, LLC | $8.3M | 1.9% | 610,736 | New |
| Envestnet Asset Management Inc | $8.2M | 1.9% | 608,963 | New |
| Cetera Investment Advisers | $8.0M | 1.8% | 590,495 | New |
| Kennedy Capital Management LLC | $5.2M | 1.2% | 384,999 | Trimmed |
| Sage Mountain Advisors LLC | $4.8M | 1.1% | 353,274 | Trimmed |
| American Financial Group Inc | $3.8M | 0.9% | 283,903 | Added |
| HB Wealth Management, LLC | $3.8M | 0.9% | 280,189 | Added |
| Renaissance Technologies LLC | $3.4M | 0.8% | 250,829 | Added |
| Wells Fargo & Company | $3.2M | 0.7% | 239,142 | Added |
| BlackRock, Inc. | $3.2M | 0.7% | 235,871 | Trimmed |
| AG Asset Advisory, LLC | $2.8M | 0.6% | 203,300 | Unchanged |
| HRT Financial LP | $2.5M | 0.6% | 186,489 | Added |
| Corient Private Wealth LP | $2.5M | 0.6% | 183,877 | Trimmed |
| Activest Wealth Management | $2.0M | 0.5% | 149,137 | Trimmed |
| Centric Wealth Management | $2.0M | 0.4% | 131,578 | Unchanged |
Share of 13F holdings is each fund's shares as a share of the 31,978,595 KBDC shares all 13F filers reported, not of shares outstanding.
Biggest buyers in Q2 2026
- Columbus Macro, LLC New+$8.3M
- Envestnet Asset Management Inc New+$8.2M
- Cetera Investment Advisers New+$8.0M
- Russell Investments Group, Ltd. Added+$3.3M
- Morgan Stanley Added+$2.8M
- Renaissance Technologies LLC Added+$1.4M
- UBS Group AG Added+$1.3M
- Millennium Management LLC Added+$1.1M
- Adams Asset Advisors, LLC Added+$1.1M
- American Financial Group Inc Added+$1.1M
Biggest sellers in Q2 2026
- Bank of America Corp Trimmed-$73.6M
- Koch, Inc. Trimmed-$23.0M
- Corient Private Wealth LP Trimmed-$2.6M
- Callodine Capital Management, LP Trimmed-$2.6M
- Jane Street Group, LLC Trimmed-$2.2M
- HF Capital, LLC Trimmed-$1.7M
- Activest Wealth Management Trimmed-$1.3M
- Sage Mountain Advisors LLC Trimmed-$877K
- Pathstone Holdings, LLC Trimmed-$746K
- XTX Topco Ltd Trimmed-$584K
The change in shares since the quarter before, adjusted for stock splits and priced at the Q2 2026 value per share. Funds bought $47.7M and sold $112M; 33 added and 20 trimmed.
Schedule 13D and 13G filings on KBDC
Owners of more than 5% must file within days, so these can be newer than the 13F data.
- 2026-01-15STATE OF MICHIGAN RETIREMENT SYSTEM SCHEDULE 13G filed by Kayne Anderson BDC Inc.Schedule 13G
- 2025-08-13BANK OF AMERICA CORP /DE/ SCHEDULE 13G filed by Kayne Anderson BDC Inc.Schedule 13G
Questions about KBDC ownership
- Who owns KBDC stock?
- 93 institutional investment managers reported KBDC positions in their Form 13F filings for Q2 2026, holding 31,978,595 shares worth $433M in total. Koch, Inc. reported the largest position.
- Are funds buying or selling KBDC?
- In Q2 2026, 17 managers opened new KBDC positions, 33 added, 20 trimmed and 16 sold out. Managers that filed in both quarters sold a net 4,778,584 shares.
- How current is this KBDC institutional ownership data?
- It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.
From the SEC's Form 13F data sets for Q2 2026: every 13F holdings report, matched to KBDC by CUSIP. Options are left out. KBDC news and filings · KBDC insider trades · Top funds