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Barings BDC

108 hedge funds and large institutions have $205M invested in Barings BDC in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 19

10.16% more ownership

Funds ownership: 35.2%45.36% (+10%)

9% more funds holding

Funds holding: 99108 (+9)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 36

14% less capital invested

Capital invested by funds: $240M → $205M (-$34.5M)

65% less call options, than puts

Call options by funds: $341K | Put options by funds: $985K

Holders
108
Holders Change
+9
Holders Change %
+9.09%
% of All Funds
2.45%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
29
Increased
33
Reduced
36
Closed
19
Calls
$341K
Puts
$985K
Net Calls
-$644K
Net Calls Change
-$916K
Name Holding Trade Value Shares
Change
Change in
Stake
SI
51
Stephens Inc
Arkansas
$460K -$396K -36,138 -43%
CAN
52
Cetera Advisor Networks
California
$457K +$530K +48,300 New
Janney Montgomery Scott
53
Janney Montgomery Scott
Pennsylvania
$407K -$347K -31,689 -42%
CC
54
Caxton Corporation
New Jersey
$385K +$445K +40,580 New
NFA
55
Nuveen Fund Advisors
Illinois
$352K -$41.2K -3,755 -9%
LTFS
56
Ladenburg Thalmann Financial Services
Florida
$332K -$37.5K -3,418 -9%
Baird Financial Group
57
Baird Financial Group
Wisconsin
$319K +$116K +10,566 +46%
OIA
58
Optimum Investment Advisors
Illinois
$296K
BCM
59
Buckhead Capital Management
Georgia
$285K -$521K -47,500 -61%
LCM
60
Landscape Capital Management
New Jersey
$272K +$315K +28,685 New
FM
61
Family Management
New York
$267K +$308K +28,126 New
LPL Financial
62
LPL Financial
California
$264K -$654K -59,599 -68%
AG
63
Aperio Group
California
$261K +$302K +27,555 New
Commonwealth Equity Services
64
Commonwealth Equity Services
Massachusetts
$259K -$69.4K -6,330 -19%
JP Morgan Chase
65
JP Morgan Chase
New York
$252K +$270K +24,598 +1,228%
Royal Bank of Canada
66
Royal Bank of Canada
Ontario, Canada
$248K -$401K -36,531 -58%
BW
67
Bison Wealth
Georgia
$232K -$13.7K -1,246 -5%
State of Tennessee, Department of Treasury
68
State of Tennessee, Department of Treasury
Tennessee
$211K +$243K +22,200 New
NCM
69
Novare Capital Management
North Carolina
$204K -$2.83M -257,685 -92%
Jane Street
70
Jane Street
New York
$199K +$230K +20,932 New
PG
71
PEAK6 Group
Illinois
$194K +$139K +12,679 +163%
AIM
72
Allen Investment Management
New York
$187K -$263K -23,940 -55%
Truist Financial
73
Truist Financial
North Carolina
$184K -$6.75K -616 -3%
CIBC World Market
74
CIBC World Market
Ontario, Canada
$162K -$37.1K -3,381 -17%
FCM
75
FJ Capital Management
Virginia
$160K +$185K +16,900 New

BBDC Hedge Fund Activity: Q4 2017 in Review

108 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q4 2017, worth a combined $205M — down 14% from $240M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new BBDC positions and 19 closed out — a net gain of 10 holders — while 33 added to existing stakes and 36 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $18.8M. The largest seller was Wells Fargo, cutting an estimated $11.4M.

  • 108 institutional investors held Barings BDC (BBDC) as of Q4 2017, up from 99 in Q3 2017.
  • Funds reported $205M of Barings BDC stock for Q4 2017, down 14% quarter-over-quarter.
  • 29 funds opened new Barings BDC positions in Q4 2017 and 19 closed out, a net change of +10 holders.
  • The largest Barings BDC buyer in Q4 2017 was Citadel Advisors, an estimated $18.8M added.
  • The largest Barings BDC seller in Q4 2017 was Wells Fargo, an estimated $11.4M sold.

Based on aggregated 13F filings for Q4 2017.