골럽캐피탈 BDC, Inc.
US ˙ NasdaqGS ˙ US38173M1027

SecurityGBDC / Golub Capital BDC, Inc.
InstitutionStrs Ohio
Latest Disclosed Ownership16,704,759 shares
Ownership 6.30%
Strs Ohio ownership in GBDC / Golub Capital BDC, Inc.

2026-01-13 - Strs Ohio has filed an SCHEDULE 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 16,704,759 shares of Golub Capital BDC, Inc. (US:GBDC). This represents 6.3 percent ownership of the company. In their previous filing dated 2025-01-10 , Strs Ohio had reported owning 14,994,197 shares, indicating an increase of 11.41 percent.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File
Date		Effective
Date		Form Prev
Shares		 Latest
Shares		 ΔShares
(Percent)		 Ownership
(Percent)		 ΔOwnership
(Percent)
2026-01-13 2026-01-13 13G/A 14,994,197 16,704,759 11.41 6.30 10.53
2025-01-10 2025-01-10 13G 14,994,197 5.70
2024-02-15 2024-02-15 13G/A 9,302,722 6,907,202 -25.75 4.10 -25.45
2024-01-11 2024-01-11 13G/A 1,216,939 9,302,722 664.44 5.50 -22.76
2023-01-19 2023-01-19 13G/A 2,002,656 1,216,939 -39.23 7.12 612.10
2022-01-13 2022-01-13 13G/A 19,638,703 2,002,656 -89.80 1.00 -91.34
2022-01-05 2022-01-05 13G/A 2,325,345 19,638,703 744.55 11.55 1,055.00
2021-01-14 2021-01-14 13G/A 2,278,727 2,325,345 2.05 1.00 0.00
2021-01-14 2021-01-14 13G/A 2,278,727 2,325,345 2.05 1.00 0.00
2021-01-11 2021-01-11 13G/A 2,273,304 2,278,727 0.24 1.00 0.00
2020-07-09 2020-07-09 13G/A 1,587,005 2,273,304 43.24 1.00 0.00
2020-01-30 2020-01-30 13G/A 1,546,700 1,587,005 2.61 1.00 0.00
2019-10-08 2019-10-08 13G 1,546,700 1.00

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-24 2026-03-31 13F GOLUB CAPITAL BDC COM_STK 38173M102 17,140,532 435,772 2.61 216,999 -4.27 0.8609
2026-02-02 2025-12-31 13F GOLUB CAPITAL BDC COM_STK 38173M102 16,704,760 466,978 2.88 226,684 1.97 0.8455
2025-10-30 2025-09-30 13F GOLUB CAPITAL BDC COM_STK 38173M102 16,237,782 450,126 2.85 222,295 -3.89 0.8149
2025-08-04 2025-06-30 13F GOLUB CAPITAL BDC COM_STK 38173M102 15,787,656 406,960 2.65 231,289 -0.68 0.8635
2025-05-28 2025-03-31 13F GOLUB CAPITAL BDC COM_STK 38173M102 15,380,696 386,499 2.58 232,864 2.44 0.9754
2025-05-28 2024-12-31 13F GOLUB CAPITAL BDC COM_STK 38173M102 14,994,197 459,882 3.16 227,312 3.51 0.9016
2024-11-01 2024-09-30 13F GOLUB CAPITAL BDC COM_STK 38173M102 14,534,315 456,898 3.25 219,614 -0.70 0.8449
2024-08-05 2024-06-30 13F GOLUB CAPITAL BDC COM_STK 38173M102 14,077,417 7,924,504 128.79 221,156 216,719.61 0.8738
2024-05-13 2024-03-31 13F GOLUB CAPITAL BDC COM_STK 38173M102 6,152,913 -3,149,809 -33.86 102 -27.14 0.4077
2024-01-30 2023-12-31 13F GOLUB CAPITAL BDC COM 38173M102 9,302,722 -1,850,801 -16.59 140 -14.11 0.5847
2023-10-26 2023-09-30 13F/A-1 GOLUB CAPITAL BDC COM 38173M102 11,153,523 -419,795 -3.63 164 4.49 0.7283
2023-10-26 2023-09-30 13F GOLUB CAPITAL BDC COM 38173M102 11,153,523 164
2023-07-31 2023-06-30 13F GOLUB CAPITAL BDC COM 38173M102 11,573,318 70,563 0.61 156 0.65 0.6595
2023-08-02 2023-03-31 13F/A-2 GOLUB CAPITAL BDC COM 38173M102 11,502,755 -666,644 -5.48 156 -3.12 0.6756
2023-08-02 2023-03-31 13F/A-1 GOLUB CAPITAL BDC COM 38173M102 11,502,755 156
2023-04-27 2023-03-31 13F GOLUB CAPITAL BDC COM 38173M102 11,502,755 -666,644 156 0.8050
2023-01-26 2022-12-31 13F GOLUB CAPITAL BDC COM 38173M102 12,169,399 -1,186,691 -8.89 160 -99.90 0.7231
2022-10-27 2022-09-30 13F GOLUB CAPITAL BDC COM 38173M102 13,356,090 -513,054 -3.70 165,481 -7.94 0.7885
2022-07-25 2022-06-30 13F GOLUB CAPITAL BDC COM 38173M102 13,869,144 -4,912,742 -26.16 179,744 -37.08 0.8095
2022-04-21 2022-03-31 13F GOLUB CAPITAL BDC COM 38173M102 18,781,886 -1,244,678 -6.22 285,672 -7.61 1.0450
2022-01-24 2021-12-31 13F GOLUB CAPITAL BDC COM 38173M102 20,026,564 -1,522,424 -7.06 309,210 -9.24 1.0733
2021-10-22 2021-09-30 13F GOLUB CAPITAL BDC COM 38173M102 21,548,988 -54,306 -0.25 340,689 2.27 1.2819
2021-07-26 2021-06-30 13F GOLUB CAPITAL BDC COM 38173M102 21,603,294 -784,714 -3.51 333,122 1.78 1.1981
2021-04-23 2021-03-31 13F GOLUB CAPITAL BDC COM 38173M102 22,388,008 -865,450 -3.72 327,312 -0.45 1.2322
2021-01-25 2020-12-31 13F GOLUB CAPITAL BDC COM 38173M102 23,253,458 -533,912 -2.24 328,803 4.40 1.2684
2020-12-14 2020-09-30 13F GOLUB CAPITAL BDC COM 38173M102 23,787,370 500,176 2.15 314,944 16.09 1.3188
2020-07-23 2020-06-30 13F GOLUB CAPITAL BDC COM 38173M102 23,287,194 6,997,163 42.95 271,295 32.60 1.1857
2020-04-23 2020-03-31 13F GOLUB CAPITAL BDC COM 38173M102 16,290,031 419,977 2.65 204,602 -30.14 1.0771
2020-01-24 2019-12-31 13F GOLUB CAPITAL BDC COM 38173M102 15,870,054 403,046 2.61 292,881 0.51 1.2268
2019-10-21 2019-09-30 13F/A-1 GOLUB CAPITAL BDC COM 38173M102 15,467,008 15,467,008 291,398 1.2776
2019-10-21 2019-09-30 13F GOLUB CAPITAL BDC COM 38173M102 15,467,008 -403,046 291,398 1,289,743.7097
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.