Barings BDC
BBDC
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.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+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: 122 → 111 (-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
Top Buyers
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$6.8M |
| 2 |
Millennium Management
New York
|
+$5.04M |
| 3 |
Two Sigma Investments
New York
|
+$4.24M |
| 4 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$2.55M |
| 5 |
VAM
Verity Asset Management
Durham,
North Carolina
|
+$2.32M |
Top Sellers
| 1 |
Northern Trust
Chicago,
Illinois
|
-$5.6M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.86M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.82M |
| 4 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$3.43M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$3.37M |
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.