Barings BDC
BBDC
203 hedge funds and large institutions have $414M invested in Barings BDC in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 68 reducing their positions, and 32 closing their positions.
150% more call options, than puts
Call options by funds: $1.42M | Put options by funds: $567K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.71% less ownership
Funds ownership: 45.9% → 45.19% (-0.71%)
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
3% less funds holding
Funds holding: 209 → 203 (-6)
5% less capital invested
Capital invested by funds: $437M → $414M (-$22.6M)
12% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$8.72M |
| 2 |
Morgan Stanley
New York
|
+$5.54M |
| 3 |
PFMU
Privium Fund Management (UK)
London,
United Kingdom
|
+$1.55M |
| 4 |
VanEck Associates
New York
|
+$1.43M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.01M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.86M |
| 3 |
Millennium Management
New York
|
-$3.15M |
| 4 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$2.78M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JFGIW
226
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$39.3K | -4,414 | Closed |
|
|
SCA
227
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$36.5K | -4,102 | Closed |
|
|
MFT
228
Moisand Fitzgerald Tamayo
Orlando,
Florida
| – | -$24.2K | -2,713 | Closed |
|
|
CFB
229
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$19.5K | -2,193 | Closed |
|
|
PB
230
Pinnacle Bancorp
Beatrice,
Nebraska
| – | -$14.8K | -1,665 | Closed |
|
231
Citigroup
New York
| – | -$6.28K | -705 | Closed |
|
|
FCA
232
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$5.66K | -635 | Closed |
|
233
EARNEST Partners
Atlanta,
Georgia
| – | -$4.46K | -500 | Closed |
|
|
IA
234
IFP Advisors
Tampa,
Florida
| – | -$3.56K | -400 | Closed |
|
|
TRCT
235
Tower Research Capital (TRC)
New York
| – | -$2.5K | -280 | Closed |
|
BBDC Hedge Fund Activity: Q4 2023 in Review
203 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q4 2023, worth a combined $414M — down 5.2% from $437M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of BBDC and 29 opened new positions — a net loss of 3 holders — while 68 trimmed existing stakes and 60 added.
The largest buyer was Invesco, opening a new position worth an estimated $8.72M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $5.01M sold.
- 203 institutional investors held Barings BDC (BBDC) as of Q4 2023, down from 209 in Q3 2023.
- Funds reported $414M of Barings BDC stock for Q4 2023, down 5.2% quarter-over-quarter.
- 29 funds opened new Barings BDC positions in Q4 2023 and 32 closed out, a net change of -3 holders.
- The largest Barings BDC buyer in Q4 2023 was Invesco, an estimated $8.72M added.
- The largest Barings BDC seller in Q4 2023 was Rivernorth Capital Management, an estimated $5.01M sold.
Based on aggregated 13F filings for Q4 2023.