Barings BDC
BBDC
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.
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: 1 → 1 (0)
2.59% less ownership
Funds ownership: 32.06% → 29.47% (-2.6%)
7% less funds holding
Funds holding: 137 → 127 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$2.14M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.81M |
| 3 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
+$1.81M |
| 4 |
Two Sigma Investments
New York
|
+$1.77M |
| 5 |
Goldman Sachs
New York
|
+$937K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$11.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.88M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$3.06M |
| 5 |
GT
Greenleaf Trust
Kalamazoo,
Michigan
|
-$2.42M |
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.