Barings BDC
BBDC
99 hedge funds and large institutions have $157M invested in Barings BDC in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 32 reducing their positions, and 17 closing their positions.
20% more capital invested
Capital invested by funds: $131M → $157M (+$25.9M)
1% more funds holding
Funds holding: 98 → 99 (+1)
9% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 32
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0.83% more ownership
Funds ownership: 23.84% → 24.68% (+0.83%)
11% less call options, than puts
Call options by funds: $233K | Put options by funds: $261K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.42M |
| 2 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
+$4.38M |
| 3 |
Morgan Stanley
New York
|
+$1.36M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.36M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$3.56M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.46M |
| 3 |
SAM
Shell Asset Management
The Hague,
Netherlands
|
-$1.94M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$999K |
| 5 |
NCM
Novare Capital Management
Charlotte,
North Carolina
|
-$744K |
BBDC Hedge Fund Activity: Q4 2015 in Review
99 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q4 2015, worth a combined $157M — up 20% from $131M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BBDC positions and 17 closed out — a net gain of 1 holder — while 35 added to existing stakes and 32 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $4.42M. The largest seller was Invesco, cutting an estimated $3.56M.
- 99 institutional investors held Barings BDC (BBDC) as of Q4 2015, up from 98 in Q3 2015.
- Funds reported $157M of Barings BDC stock for Q4 2015, up 20% quarter-over-quarter.
- 18 funds opened new Barings BDC positions in Q4 2015 and 17 closed out, a net change of +1 holder.
- The largest Barings BDC buyer in Q4 2015 was Credit Suisse, an estimated $4.42M added.
- The largest Barings BDC seller in Q4 2015 was Invesco, an estimated $3.56M sold.
Based on aggregated 13F filings for Q4 2015.