Philadelphia Financial Management of San Francisco’s Barings BDC BBDC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-673,091	Closed	-$7.74M	–	37
2018 Q2	$7.74M	Buy	673,091 +52,215	+8%	+$601K	1.26%	34
2018 Q1	$6.91M	Buy	+620,876	New	+$6.91M	1.19%	35