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Barings BDC

127 hedge funds and large institutions have $225M invested in Barings BDC in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 58 increasing their positions, 34 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 34

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.59% less ownership

Funds ownership: 32.06%29.47% (-2.6%)

7% less funds holding

Funds holding: 137127 (-10)

13% less capital invested

Capital invested by funds: $257M → $225M (-$32.2M)

25% less call options, than puts

Call options by funds: $564K | Put options by funds: $757K

41% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 22

Holders
127
Holders Change
-10
Holders Change %
-7.3%
% of All Funds
3.67%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
58
Reduced
34
Closed
22
Calls
$564K
Puts
$757K
Net Calls
-$193K
Net Calls Change
-$258K
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
26
Shell Asset Management
Netherlands
$1.82M -$7.78K -285 -0.4%
SFM
27
Systematic Financial Management
New Jersey
$1.72M +$1.81M +66,395 New
BCM
28
Buckhead Capital Management
Georgia
$1.72M +$1.81M +66,300 New
Bank of America
29
Bank of America
North Carolina
$1.69M +$114K +4,159 +7%
Goldman Sachs
30
Goldman Sachs
New York
$1.64M +$937K +34,299 +118%
Ohio Public Employees Retirement System (OPERS)
31
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.56M +$24.6K +900 +2%
Janney Montgomery Scott
32
Janney Montgomery Scott
Pennsylvania
$1.49M -$2.95K -108 -0.2%
VanEck Associates
33
VanEck Associates
New York
$1.44M +$431K +15,784 +40%
Two Sigma Advisers
34
Two Sigma Advisers
New York
$1.44M +$920K +33,700 +154%
YMRC
35
Yorktown Management & Research Company
Virginia
$1.42M
RFC
36
Russell Frank Company
Washington
$1.38M +$699K +25,600 +92%
SI
37
Stephens Inc
Arkansas
$1.3M +$471K +17,240 +52%
California State Teachers Retirement System (CalSTRS)
38
California State Teachers Retirement System (CalSTRS)
California
$1.3M +$5.46K +200 +0.4%
VFS
39
VSR Financial Services
Kansas
$1.24M -$117K -4,295 -8%
AAM
40
Advisors Asset Management
Colorado
$1.2M -$174K -6,372 -12%
TA
41
Teachers Advisors
New York
$1.18M +$41K +1,500 +3%
HC
42
Highmount Capital
New York
$1.15M +$22.9K +840 +2%
HPIA
43
Hamilton Point Investment Advisors
North Carolina
$1.12M +$51.8K +1,895 +5%
AllianceBernstein
44
AllianceBernstein
Tennessee
$1.12M -$43.7K -1,600 -4%
Charles Schwab
45
Charles Schwab
California
$1.08M
PP
46
PDT Partners
New York
$1.02M +$846K +30,974 +375%
AR
47
Advisory Research
Illinois
$1.01M +$230K +8,403 +27%
SMDAM
48
Sumitomo Mitsui DS Asset Management
Japan
$1.01M +$230K +8,403 +27%
RhumbLine Advisers
49
RhumbLine Advisers
Massachusetts
$968K -$31.4K -1,150 -3%
Citadel Advisors
50
Citadel Advisors
Florida
$967K +$837K +30,645 +458%

BBDC Hedge Fund Activity: Q1 2014 in Review

127 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q1 2014, worth a combined $225M — down 13% from $257M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of BBDC and 13 opened new positions — a net loss of 9 holders — while 34 trimmed existing stakes and 58 added.

The largest buyer was UBS, adding an estimated $2.14M. The largest seller was Opus Capital Group, cutting an estimated $11.3M.

  • 127 institutional investors held Barings BDC (BBDC) as of Q1 2014, down from 137 in Q4 2013.
  • Funds reported $225M of Barings BDC stock for Q1 2014, down 13% quarter-over-quarter.
  • 13 funds opened new Barings BDC positions in Q1 2014 and 22 closed out, a net change of -9 holders.
  • The largest Barings BDC buyer in Q1 2014 was UBS, an estimated $2.14M added.
  • The largest Barings BDC seller in Q1 2014 was Opus Capital Group, an estimated $11.3M sold.

Based on aggregated 13F filings for Q1 2014.