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Barings BDC

83 hedge funds and large institutions have $337M invested in Barings BDC in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,144% more call options, than puts

Call options by funds: $112K | Put options by funds: $9K

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

16% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 25

5% more capital invested

Capital invested by funds: $320M → $337M (+$17M)

1.19% more ownership

Funds ownership: 70.26%71.45% (+1.2%)

10% less funds holding

Funds holding: 9283 (-9)

60% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 15

Holders
83
Holders Change
-9
Holders Change %
-9.78%
% of All Funds
1.82%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
6
Increased
29
Reduced
25
Closed
15
Calls
$112K
Puts
$9K
Net Calls
+$103K
Net Calls Change
-$64K
Name Holding Trade Value Shares
Change
Change in
Stake
GC
26
Guggenheim Capital
Illinois
$1.88M +$353K +35,528 +24%
AR
27
Advisory Research
Illinois
$1.29M -$74.8K -7,529 -6%
D.E. Shaw & Co
28
D.E. Shaw & Co
New York
$1.19M +$304K +30,581 +35%
BI
29
Bulldog Investors
New Jersey
$1.03M +$209K +21,039 +26%
MCP
30
Moab Capital Partners
New York
$976K +$3.75K +378 +0.4%
AM
31
Ares Management
California
$928K
RJA
32
Raymond James & Associates
Florida
$738K +$17.4K +1,749 +2%
TG
33
TCW Group
California
$724K -$36.6K -3,686 -5%
LTFS
34
Ladenburg Thalmann Financial Services
Florida
$697K -$16.3K -1,641 -2%
BTS
35
BB&T Securities
Virginia
$642K -$59.3K -5,968 -9%
BGDI
36
BW Gestao de Investimentos
Brazil
$628K -$42.4K -4,271 -6%
Morgan Stanley
37
Morgan Stanley
New York
$599K -$61.7K -6,216 -10%
Stifel Financial
38
Stifel Financial
Missouri
$502K -$17.8K -1,796 -3%
SCM
39
Shelton Capital Management
Colorado
$393K -$51.6K -5,200 -12%
AG
40
AlphaSimPlex Group
Massachusetts
$377K -$251K -25,302 -41%
Jane Street
41
Jane Street
New York
$352K -$161K -16,212 -32%
GIM
42
Greenwich Investment Management
Connecticut
$233K
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$228K +$69.5K +7,000 +45%
STMM
44
South Texas Money Management
Texas
$201K +$197K +19,825 New
MIG
45
Mariner Investment Group
New York
$188K -$561K -56,479 -75%
SFG
46
StrategIQ Financial Group
Indiana
$187K -$10.9K -1,100 -6%
Bank of America
47
Bank of America
North Carolina
$178K -$9.69K -976 -5%
AG
48
Aperio Group
California
$169K +$59K +5,942 +55%
Allianz Asset Management
49
Allianz Asset Management
Germany
$168K +$27.1K +2,731 +20%
BW
50
Bison Wealth
Georgia
$153K

BBDC Hedge Fund Activity: Q3 2019 in Review

83 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q3 2019, worth a combined $337M — up 5.3% from $320M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of BBDC and 6 opened new positions — a net loss of 9 holders — while 25 trimmed existing stakes and 29 added.

The largest buyer was Dimension Capital Management, adding an estimated $3.86M. The largest seller was Arrowstreet Capital, cutting an estimated $3.34M.

  • 83 institutional investors held Barings BDC (BBDC) as of Q3 2019, down from 92 in Q2 2019.
  • Funds reported $337M of Barings BDC stock for Q3 2019, up 5.3% quarter-over-quarter.
  • 6 funds opened new Barings BDC positions in Q3 2019 and 15 closed out, a net change of -9 holders.
  • The largest Barings BDC buyer in Q3 2019 was Dimension Capital Management, an estimated $3.86M added.
  • The largest Barings BDC seller in Q3 2019 was Arrowstreet Capital, an estimated $3.34M sold.

Based on aggregated 13F filings for Q3 2019.