| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| STATE OF MICHIGAN RETIREMENT SYSTEM | 9.6% | $94,036,032 | 6,566,762 | STATE OF MICHIGAN RETIREMENT SYSTEM | 31 May 2024 | |||
| BANK OF AMERICA CORP /DE/ | 8% | +21% | $78,013,097 | +$12,187,910 | 5,447,842 | +19% | BANK OF AMERICA CORP /DE/ | 31 Dec 2025 |
As of 31 Dec 2025, 85 institutional investors reported holding 36,678,342 shares of Kayne Anderson BDC, Inc. - Common Stock (KBDC). This represents 54% of the company’s total 68,098,025 outstanding shares.
The largest institutional shareholders of Kayne Anderson BDC, Inc. - Common Stock (KBDC) together control 51% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Koch, Inc. | 18% | 12,181,352 | 0% | 24% | $174,436,956 |
| STATE OF MICHIGAN RETIREMENT SYSTEM | 9.6% | 6,566,762 | 0.46% | $94,036,032 | |
| BANK OF AMERICA CORP /DE/ | 8% | 5,421,369 | +4% | 0.01% | $77,634,004 |
| HF Capital, LLC | 3.4% | 2,347,726 | 0% | 20% | $33,619,436 |
| Pathstone Holdings, LLC | 2% | 1,353,339 | -6.4% | 0.07% | $19,406,416 |
| VAN ECK ASSOCIATES CORP | 1.2% | 824,303 | 0.01% | $11,804,000 | |
| Sage Mountain Advisors LLC | 1.2% | 798,116 | -25% | 0.61% | $11,429,021 |
| Requisite Capital Management, LLC | 0.99% | 676,459 | -11% | 1.9% | $9,957,478 |
| FRANKLIN RESOURCES INC | 0.92% | 624,638 | +103% | 0% | $8,944,816 |
| UBS Group AG | 0.85% | 576,812 | +265% | 0% | $8,259,948 |
| BlackRock, Inc. | 0.66% | 449,771 | -0.9% | 0% | $6,440,721 |
| Corient Private Wealth LLC | 0.6% | 406,258 | -23% | 0.01% | $5,894,235 |
| MORGAN STANLEY | 0.59% | 400,456 | +87% | 0% | $5,734,530 |
| Callodine Capital Management, LP | 0.59% | 400,000 | 0% | 0.46% | $5,728,000 |
| MILLENNIUM MANAGEMENT LLC | 0.37% | 254,429 | +206% | 0% | $3,643,423 |
| Squarepoint Ops LLC | 0.33% | 224,580 | 0.01% | $3,215,986 | |
| HB Wealth Management, LLC | 0.32% | 217,872 | -1.1% | 0.02% | $3,119,939 |
| Activest Wealth Management | 0.31% | 208,396 | 0.56% | $2,984,236 | |
| AG Asset Advisory, LLC | 0.3% | 203,300 | 0% | 2.5% | $2,911,256 |
| WELLS FARGO & COMPANY/MN | 0.29% | 197,793 | +149% | 0% | $2,832,389 |
| Russell Investments Group, Ltd. | 0.29% | 194,177 | 0% | $2,780,614 | |
| Centric Wealth Management | 0.2% | 137,711 | -3.9% | 0.41% | $1,930,713 |
| EQUITEC PROPRIETARY MARKETS, LLC | 0.18% | 121,998 | 0% | 8.4% | $1,747,011 |
| SlateStone Wealth, LLC | 0.14% | 94,644 | -37% | 0.11% | $1,355,000 |
| Cresset Asset Management, LLC | 0.14% | 93,542 | 0% | 0.01% | $1,376,938 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 36,678,342 | $525,612,114 | +$93,683,516 | $14.32 | 85 |
| 2025 Q3 | 27,839,145 | $371,499,317 | +$37,514,856 | $13.32 | 83 |
| 2025 Q2 | 24,970,387 | $381,690,648 | +$285,381,160 | $15.26 | 70 |
| 2025 Q1 | 6,234,539 | $101,384,565 | +$35,409,222 | $16.22 | 62 |
| 2024 Q4 | 4,046,219 | $66,964,692 | +$42,622,258 | $16.54 | 47 |
| 2024 Q3 | 1,465,527 | $23,739,030 | +$1,155,705 | $16.21 | 20 |
| 2024 Q2 | 1,392,869 | $22,216,011 | +$22,216,011 | $15.95 | 16 |