Barings BDC
BBDC
95 hedge funds and large institutions have $261M invested in Barings BDC in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 12 increasing their positions, 43 reducing their positions, and 30 closing their positions.
210% more call options, than puts
Call options by funds: $972K | Put options by funds: $314K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $265M → $261M (-$3.98M)
2.34% less ownership
Funds ownership: 49.66% → 47.33% (-2.3%)
11% less funds holding
Funds holding: 107 → 95 (-12)
40% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 30
72% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$15.9M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$13.4M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$10.1M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$9.23M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$4.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$13.3M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$11.3M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.04M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$6.67M |
| 5 |
IP
Ironsides Partners
Boston,
Massachusetts
|
-$3.67M |
BBDC Hedge Fund Activity: Q2 2018 in Review
95 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q2 2018, worth a combined $261M — down 1.5% from $265M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BBDC and 18 opened new positions — a net loss of 12 holders — while 43 trimmed existing stakes and 12 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $15.9M. The largest seller was Muzinich & Co, cutting an estimated $13.3M.
- 95 institutional investors held Barings BDC (BBDC) as of Q2 2018, down from 107 in Q1 2018.
- Funds reported $261M of Barings BDC stock for Q2 2018, down 1.5% quarter-over-quarter.
- 18 funds opened new Barings BDC positions in Q2 2018 and 30 closed out, a net change of -12 holders.
- The largest Barings BDC buyer in Q2 2018 was Rivernorth Capital Management, an estimated $15.9M added.
- The largest Barings BDC seller in Q2 2018 was Muzinich & Co, an estimated $13.3M sold.
Based on aggregated 13F filings for Q2 2018.