STATE OF MICHIGAN RETIREMENT SYSTEM has opened a new $94.0M position in $KBDC, per a new SEC 13F filing. This disclosure reflects the funds' holdings for the 12-31-2025 report period. You can see the fund's full portfolio on Quiver Quantitative, and also track the largest institutional owners of $KBDC.
$KBDC Hedge Fund Activity
We have seen 43 institutional investors add shares of $KBDC stock to their portfolio, and 32 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- STATE OF MICHIGAN RETIREMENT SYSTEM added 6,566,762 shares (+inf%) to their portfolio in Q4 2025, for an estimated $94,036,031
- MERIT FINANCIAL GROUP, LLC removed 1,738,174 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $24,890,651
- PATHSTONE HOLDINGS, LLC added 1,243,181 shares (+612.8%) to their portfolio in Q3 2025, for an estimated $16,559,170
- BANK OF AMERICA CORP /DE/ added 614,393 shares (+13.4%) to their portfolio in Q3 2025, for an estimated $8,183,714
- BLACKROCK, INC. added 444,283 shares (+4652.2%) to their portfolio in Q3 2025, for an estimated $5,917,849
- KEEBECK WEALTH MANAGEMENT added 283,170 shares (+70.4%) to their portfolio in Q3 2025, for an estimated $3,771,824
- RIVERNORTH CAPITAL MANAGEMENT, LLC added 273,610 shares (+inf%) to their portfolio in Q3 2025, for an estimated $3,644,485
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$KBDC Insider Trading Activity
$KBDC insiders have traded $KBDC stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $KBDC stock by insiders over the last 6 months:
- RHONDA SCOTT SMITH purchased 365 shares for an estimated $4,991
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$KBDC Analyst Ratings
Wall Street analysts have issued reports on $KBDC in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- RBC Capital issued a "Outperform" rating on 11/19/2025
- Keefe, Bruyette & Woods issued a "Outperform" rating on 11/13/2025
- Wells Fargo issued a "Overweight" rating on 11/12/2025
To track analyst ratings and price targets for $KBDC, check out Quiver Quantitative's $KBDC forecast page.
$KBDC Price Targets
Multiple analysts have issued price targets for $KBDC recently. We have seen 4 analysts offer price targets for $KBDC in the last 6 months, with a median target of $15.5.
Here are some recent targets:
- Kenneth S. Lee from RBC Capital set a target price of $16.0 on 11/19/2025
- Paul Johnson from Keefe, Bruyette & Woods set a target price of $16.0 on 11/13/2025
- Finian O'Shea from Wells Fargo set a target price of $15.0 on 11/12/2025
- Doug Harter from UBS set a target price of $15.0 on 10/14/2025
Note that there may be inaccuracies in these estimates due to filing errors by the funds, parsing errors by us, or other anomalies.
Check out Quiver Quantitative's $KBDC ticker page for more data.
