Barings BDC
BBDC
105 hedge funds and large institutions have $169M invested in Barings BDC in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
33% more call options, than puts
Call options by funds: $662K | Put options by funds: $497K
26% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 31
7% more capital invested
Capital invested by funds: $157M → $169M (+$11.6M)
6% more funds holding
Funds holding: 99 → 105 (+6)
0.23% less ownership
Funds ownership: 24.68% → 24.45% (-0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.26M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$769K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$700K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$547K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$526K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.42M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.08M |
| 3 |
SLG
Stanley-Laman Group
Berwyn,
Pennsylvania
|
-$1.4M |
| 4 |
Millennium Management
New York
|
-$1.32M |
| 5 |
Two Sigma Investments
New York
|
-$1.11M |
BBDC Hedge Fund Activity: Q1 2016 in Review
105 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q1 2016, worth a combined $169M — up 7.4% from $157M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BBDC positions and 7 closed out — a net gain of 6 holders — while 39 added to existing stakes and 31 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $3.26M. The largest seller was UBS Group, cutting an estimated $3.42M.
- 105 institutional investors held Barings BDC (BBDC) as of Q1 2016, up from 99 in Q4 2015.
- Funds reported $169M of Barings BDC stock for Q1 2016, up 7.4% quarter-over-quarter.
- 13 funds opened new Barings BDC positions in Q1 2016 and 7 closed out, a net change of +6 holders.
- The largest Barings BDC buyer in Q1 2016 was Bank of Montreal, an estimated $3.26M added.
- The largest Barings BDC seller in Q1 2016 was UBS Group, an estimated $3.42M sold.
Based on aggregated 13F filings for Q1 2016.