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Barings BDC

111 hedge funds and large institutions have $205M invested in Barings BDC in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 30 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

67% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 30

4.55% less ownership

Funds ownership: 27.33%22.78% (-4.5%)

9% less funds holding

Funds holding: 122111 (-11)

12% less capital invested

Capital invested by funds: $235M → $205M (-$29.2M)

38% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 29

100% less call options, than puts

Call options by funds: $3K | Put options by funds: $903K

Holders
111
Holders Change
-11
Holders Change %
-9.02%
% of All Funds
3.22%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
18
Increased
50
Reduced
30
Closed
29
Calls
$3K
Puts
$903K
Net Calls
-$900K
Net Calls Change
-$106K
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
26
Shell Asset Management
Netherlands
$1.94M +$194K +7,155 +10%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$1.82M +$137K +5,049 +8%
VanEck Associates
28
VanEck Associates
New York
$1.8M -$7.62K -281 -0.4%
Janney Montgomery Scott
29
Janney Montgomery Scott
Pennsylvania
$1.75M +$296K +10,936 +19%
Susquehanna International Group
30
Susquehanna International Group
Pennsylvania
$1.63M -$791K -29,188 -31%
Ohio Public Employees Retirement System (OPERS)
31
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.52M
VFS
32
VSR Financial Services
Kansas
$1.52M +$344K +12,700 +27%
SI
33
Stephens Inc
Arkansas
$1.48M +$131K +4,850 +9%
MVP
34
Miller Value Partners
Florida
$1.46M +$962K +35,500 +161%
GC
35
Guggenheim Capital
Illinois
$1.29M -$3.86M -142,497 -74%
Citadel Advisors
36
Citadel Advisors
Florida
$1.26M +$264K +9,723 +24%
Stifel Financial
37
Stifel Financial
Missouri
$1.22M +$172K +6,344 +15%
HC
38
Highmount Capital
New York
$1.21M +$4.34K +160 +0.3%
B
39
Baird
Wisconsin
$1.17M +$116K +4,267 +10%
HPIA
40
Hamilton Point Investment Advisors
North Carolina
$1.13M +$38.3K +1,412 +3%
DC
41
Davenport & Co
Virginia
$1.11M +$90.1K +3,325 +8%
Two Sigma Advisers
42
Two Sigma Advisers
New York
$1.08M +$923K +34,073 +402%
AIU
43
Algebris Investments (UK)
United Kingdom
$1.07M +$97.1K +3,584 +9%
BCM
44
Buckhead Capital Management
Georgia
$955K -$477K -17,608 -32%
PWS
45
Peloton Wealth Strategists
Indiana
$912K -$297K -10,949 -23%
MHI
46
Miller Howard Investments
New York
$900K +$281K +10,363 +41%
OIA
47
Optimum Investment Advisors
Illinois
$822K
Legal & General Group
48
Legal & General Group
United Kingdom
$713K +$114K +4,206 +18%
Bank of America
49
Bank of America
North Carolina
$687K -$1.88M -69,339 -72%
HB
50
Homrich & Berg
Georgia
$672K +$14.9K +549 +2%

BBDC Hedge Fund Activity: Q3 2014 in Review

111 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q3 2014, worth a combined $205M — down 12% from $235M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of BBDC and 18 opened new positions — a net loss of 11 holders — while 30 trimmed existing stakes and 50 added.

The largest buyer was Northpointe Capital, opening a new position worth an estimated $6.8M. The largest seller was Northern Trust, cutting an estimated $5.6M.

  • 111 institutional investors held Barings BDC (BBDC) as of Q3 2014, down from 122 in Q2 2014.
  • Funds reported $205M of Barings BDC stock for Q3 2014, down 12% quarter-over-quarter.
  • 18 funds opened new Barings BDC positions in Q3 2014 and 29 closed out, a net change of -11 holders.
  • The largest Barings BDC buyer in Q3 2014 was Northpointe Capital, an estimated $6.8M added.
  • The largest Barings BDC seller in Q3 2014 was Northern Trust, an estimated $5.6M sold.

Based on aggregated 13F filings for Q3 2014.