Barings BDC
BBDC
204 hedge funds and large institutions have $444M invested in Barings BDC in 2022 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 66 reducing their positions, and 36 closing their positions.
1.34% more ownership
Funds ownership: 47.76% → 49.1% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
9% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 66
6% less funds holding
Funds holding: 217 → 204 (-13)
10% less capital invested
Capital invested by funds: $495M → $444M (-$51.3M)
19% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 36
50% less call options, than puts
Call options by funds: $16K | Put options by funds: $32K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$10.9M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.46M |
| 3 |
BlackRock
New York
|
+$4.55M |
| 4 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$3.74M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.38M |
| 2 |
Two Sigma Advisers
New York
|
-$3M |
| 3 |
Two Sigma Investments
New York
|
-$2.24M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.17M |
| 5 |
CLG
Cooperman Leon G
|
-$1.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAS
226
Annex Advisory Services
Brookfield,
Wisconsin
| – | -$93K | -10,006 | Closed |
|
|
AC
227
Almitas Capital
Santa Monica,
California
| – | -$42K | -4,559 | Closed |
|
|
CWM
228
Curi Wealth Management
Raleigh,
North Carolina
| – | -$36K | -3,822 | Closed |
|
|
PHK
229
Point72 Hong Kong
Hong Kong
| – | -$28K | -2,984 | Closed |
|
|
GA
230
GoalVest Advisory
New York
| – | -$21K | -2,204 | Closed |
|
|
MAM
231
Meeder Asset Management
Dublin,
Ohio
| – | -$18K | -1,979 | Closed |
|
|
DWMG
232
DB Wealth Management Group
San Diego,
California
| – | -$14K | -1,550 | Closed |
|
|
WOSD
233
WFA of San Diego
San Diego,
California
| – | -$13K | -1,400 | Closed |
|
234
Simplex Trading
Chicago,
Illinois
| – | -$13.5K | -1,399 | Closed |
|
|
FFC
235
Fure Financial Corporation
Bloomington,
Minnesota
| – | -$11K | -1,208 | Closed |
|
|
CA
236
CoreCap Advisors
Southfield,
Michigan
| – | -$9K | -988 | Closed |
|
|
AIP
237
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$5K | -500 | Closed |
|
|
PA
238
Parallel Advisors
San Francisco,
California
| – | -$1.91K | -198 | -92% |
|
BBDC Hedge Fund Activity: Q3 2022 in Review
204 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q3 2022, worth a combined $444M — down 10% from $495M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of BBDC and 29 opened new positions — a net loss of 7 holders — while 66 trimmed existing stakes and 60 added.
The largest buyer was Private Management Group, opening a new position worth an estimated $10.9M. The largest seller was Millennium Management, cutting an estimated $4.38M.
- 204 institutional investors held Barings BDC (BBDC) as of Q3 2022, down from 217 in Q2 2022.
- Funds reported $444M of Barings BDC stock for Q3 2022, down 10% quarter-over-quarter.
- 29 funds opened new Barings BDC positions in Q3 2022 and 36 closed out, a net change of -7 holders.
- The largest Barings BDC buyer in Q3 2022 was Private Management Group, an estimated $10.9M added.
- The largest Barings BDC seller in Q3 2022 was Millennium Management, an estimated $4.38M sold.
Based on aggregated 13F filings for Q3 2022.