KAYNE ANDERSON BDC INC

Institution	Shares	Value ($000)
Activest Wealth Management	208,396	$2,984
STATE OF MICHIGAN RETIREMENT SYSTEM	6,566,762	$94,036
TT Capital Management LLC	21,500	$308
Birchview Capital, LP	20,000	$286
Catalina Capital Group, LLC	15,373	$220
Dynamic Technology Lab Private Ltd	35,658	$511
XTX Topco Ltd	90,075	$1,290
Adams Asset Advisors, LLC	20,341	$291
Belpointe Asset Management LLC	18,180	$260
Squarepoint Ops LLC	224,580	$3,216
Russell Investments Group, Ltd.	194,177	$2,781
Verition Fund Management LLC	52,173	$747
VAN ECK ASSOCIATES CORP	824,303	$12
Aquatic Capital Management LLC	12,654	$181
Quantinno Capital Management LP	43,836	$628
Point72 Asset Management, L.P.	44,801	$642
CITADEL ADVISORS LLC	57,812	$828
MARSHALL WACE, LLP	31,400	$450
Virtu Financial LLC	23,446	$0
SUSQUEHANNA INTERNATIONAL GROUP, LLP	11,481	$164

Increased Positions (14)

Quantbot Technologies LP

Value ($000) $508 (+127.0%) Shares 35,507 (+111.1%)

UBS Group AG

Value ($000) $8,260 (+292.4%) Shares 576,812 (+265.0%)

FRANKLIN RESOURCES INC

Value ($000) $8,945 (+117.9%) Shares 624,638 (+102.7%)

MILLENNIUM MANAGEMENT LLC

Value ($000) $3,643 (+229.3%) Shares 254,429 (+206.3%)

BANK OF AMERICA CORP /DE/

Value ($000) $77,634 (+11.8%) Shares 5,421,369 (+4.0%)

MORGAN STANLEY

Value ($000) $5,735 (+100.8%) Shares 400,456 (+86.8%)

Hennion & Walsh Asset Management, Inc.

Value ($000) $709 (+31.6%) Shares 49,544 (+22.4%)

WELLS FARGO & COMPANY/MN

Value ($000) $2,832 (+167.3%) Shares 197,793 (+148.7%)

STIFEL FINANCIAL CORP

Value ($000) $676 (+243.8%) Shares 47,175 (+219.8%)

BNP PARIBAS ARBITRAGE, SA

Value ($000) $637 (+176.9%) Shares 44,475 (+157.6%)

Quadrature Capital Ltd

Value ($000) $458 (+52.0%) Shares 31,976 (+41.1%)

ROYAL BANK OF CANADA

Value ($000) $594 (+112.1%) Shares 41,497 (+97.6%)

Running Point Capital Advisors, LLC

Value ($000) $308 (+10.6%) Shares 21,512 (+2.9%)

Advisory Services Network, LLC

Value ($000) $146 (+24.7%) Shares 10,206 (+16.0%)

Institution	Prev Shares	Curr Shares	Change
Quantbot Technologies LP	16,817	35,507	+18,690 (+111.1%)
UBS Group AG	158,023	576,812	+418,789 (+265.0%)
FRANKLIN RESOURCES INC	308,220	624,638	+316,418 (+102.7%)
MILLENNIUM MANAGEMENT LLC	83,075	254,429	+171,354 (+206.3%)
BANK OF AMERICA CORP /DE/	5,211,124	5,421,369	+210,245 (+4.0%)
MORGAN STANLEY	214,360	400,456	+186,096 (+86.8%)
Hennion & Walsh Asset Management, Inc.	40,481	49,544	+9,063 (+22.4%)
WELLS FARGO & COMPANY/MN	79,538	197,793	+118,255 (+148.7%)
STIFEL FINANCIAL CORP	14,750	47,175	+32,425 (+219.8%)
BNP PARIBAS ARBITRAGE, SA	17,265	44,475	+27,210 (+157.6%)
Quadrature Capital Ltd	22,659	31,976	+9,317 (+41.1%)
ROYAL BANK OF CANADA	21,002	41,497	+20,495 (+97.6%)
Running Point Capital Advisors, LLC	20,914	21,512	+598 (+2.9%)
Advisory Services Network, LLC	8,799	10,206	+1,407 (+16.0%)

Decreased Positions (22)

Requisite Capital Management, LLC

Value ($000) $9,957 (-4.1%) Shares 676,459 (-10.6%)

Sage Mountain Advisors LLC

Value ($000) $11,429 (-18.9%) Shares 798,116 (-24.6%)

Accelerate Investment Advisors LLC

Value ($000) $624 (-9.5%) Shares 43,599 (-15.8%)

Centric Wealth Management

Value ($000) $1,931 (-6.2%) Shares 137,711 (-3.9%)

Pathstone Holdings, LLC

Value ($000) $19,406 (+0.8%) Shares 1,353,339 (-6.4%)

Corient Private Wealth LLC

Value ($000) $5,894 (-16.2%) Shares 406,258 (-23.0%)

RENAISSANCE TECHNOLOGIES LLC

Value ($000) $1,031 (-51.2%) Shares 72,000 (-54.6%)

TCTC Holdings, LLC

Value ($000) $171 (-28.3%) Shares 11,922 (-33.3%)

Cerity Partners LLC

Value ($000) $646 (-27.0%) Shares 45,103 (-32.1%)

AdvisorNet Financial, Inc

Value ($000) $84 (-35.1%) Shares 5,850 (-39.7%)

Apollon Wealth Management, LLC

Value ($000) $449 (-7.3%) Shares 31,354 (-13.8%)

SNS Financial Group, LLC

Value ($000) $220 (-4.9%) Shares 14,947 (-11.3%)

Rockefeller Capital Management L.P.

Value ($000) $186 (-39.2%) Shares 13,006 (-43.5%)

CITIGROUP INC

Value ($000) $69 (-66.2%) Shares 4,827 (-68.5%)

FORVIS Wealth Advisors, LLC

Value ($000) $150 (-24.2%) Shares 10,504 (-29.5%)

CONFLUENCE INVESTMENT MANAGEMENT LLC

Value ($000) $665 (+0.1%) Shares 46,410 (-6.9%)

JPMORGAN CHASE & CO

Value ($000) $143 (-29.7%) Shares 9,967 (-34.6%)

COMMONWEALTH EQUITY SERVICES, LLC

Value ($000) $213 (+69988.8%) Shares 14,879 (-34.8%)

HB Wealth Management, LLC

Value ($000) $3,120 (+6.3%) Shares 217,872 (-1.1%)

Security National Bank

Value ($000) $63 (-6.4%) Shares 4,404 (-12.9%)

Institution	Prev Shares	Curr Shares	Change
Requisite Capital Management, LLC	756,955	676,459	-80,496 (-10.6%)
Sage Mountain Advisors LLC	1,058,487	798,116	-260,371 (-24.6%)
Accelerate Investment Advisors LLC	51,796	43,599	-8,197 (-15.8%)
Centric Wealth Management	143,369	137,711	-5,658 (-3.9%)
Pathstone Holdings, LLC	1,446,054	1,353,339	-92,715 (-6.4%)
Corient Private Wealth LLC	527,765	406,258	-121,507 (-23.0%)
RENAISSANCE TECHNOLOGIES LLC	158,559	72,000	-86,559 (-54.6%)
TCTC Holdings, LLC	17,884	11,922	-5,962 (-33.3%)
Cerity Partners LLC	66,401	45,103	-21,298 (-32.1%)
AdvisorNet Financial, Inc	9,695	5,850	-3,845 (-39.7%)
Apollon Wealth Management, LLC	36,354	31,354	-5,000 (-13.8%)
SNS Financial Group, LLC	16,854	14,947	-1,907 (-11.3%)
Rockefeller Capital Management L.P.	23,006	13,006	-10,000 (-43.5%)
CITIGROUP INC	15,341	4,827	-10,514 (-68.5%)
FORVIS Wealth Advisors, LLC	14,901	10,504	-4,397 (-29.5%)
CONFLUENCE INVESTMENT MANAGEMENT LLC	49,855	46,410	-3,445 (-6.9%)
JPMORGAN CHASE & CO	15,251	9,967	-5,284 (-34.6%)
COMMONWEALTH EQUITY SERVICES, LLC	22,807	14,879	-7,928 (-34.8%)
HB Wealth Management, LLC	220,290	217,872	-2,418 (-1.1%)
Security National Bank	5,057	4,404	-653 (-12.9%)

Exited Positions (20)

North Ground Capital

Value ($000) $1,332 Shares 100,000

Keebeck Wealth Management

Value ($000) $4,703 Shares 342,785

MQS Management LLC

Value ($000) $607 Shares 45,598

Merit Financial Group, LLC

Value ($000) $23,152 Shares 1,738,174

RIVERNORTH CAPITAL MANAGEMENT, LLC

Value ($000) $3,644 Shares 273,610

Zuckerman Investment Group, LLC

Value ($000) $466 Shares 35,000

BIP Wealth, LLC

Value ($000) $405 Shares 30,424

Magnetar Financial LLC

Value ($000) $885 Shares 66,413

Voleon Capital Management LP

Value ($000) $345 Shares 25,879

Marex Group plc

Value ($000) $747 Shares 56,098

EAGLE GLOBAL ADVISORS LLC

Value ($000) $178 Shares 13,380

EVOKE WEALTH, LLC

Value ($000) $208 Shares 15,181

BALYASNY ASSET MANAGEMENT L.P.

Value ($000) $370 Shares 27,751

Centiva Capital, LP

Value ($000) $172 Shares 12,928

NEUBERGER BERMAN GROUP LLC

Value ($000) $400 Shares 30,000

Brevan Howard Capital Management LP

Value ($000) $156 Shares 11,700

CIBC Private Wealth Group, LLC

Value ($000) $111 Shares 8,346

Allworth Financial LP

Value ($000) $9 Shares 700

HRT FINANCIAL LP

Value ($000) $1 Shares 69,997

Moisand Fitzgerald Tamayo, LLC

Value ($000) $4 Shares 293

Institution	Prev Shares	Prev Value ($000)
North Ground Capital	100,000	$1,332
Keebeck Wealth Management	342,785	$4,703
MQS Management LLC	45,598	$607
Merit Financial Group, LLC	1,738,174	$23,152
RIVERNORTH CAPITAL MANAGEMENT, LLC	273,610	$3,644
Zuckerman Investment Group, LLC	35,000	$466
BIP Wealth, LLC	30,424	$405
Magnetar Financial LLC	66,413	$885
Voleon Capital Management LP	25,879	$345
Marex Group plc	56,098	$747
EAGLE GLOBAL ADVISORS LLC	13,380	$178
EVOKE WEALTH, LLC	15,181	$208
BALYASNY ASSET MANAGEMENT L.P.	27,751	$370
Centiva Capital, LP	12,928	$172
NEUBERGER BERMAN GROUP LLC	30,000	$400
Brevan Howard Capital Management LP	11,700	$156
CIBC Private Wealth Group, LLC	8,346	$111
Allworth Financial LP	700	$9
HRT FINANCIAL LP	69,997	$1
Moisand Fitzgerald Tamayo, LLC	293	$4