Barings BDC
BBDC
75 hedge funds and large institutions have $282M invested in Barings BDC in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 8 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
4% more capital invested
Capital invested by funds: $271M → $282M (+$10.7M)
0.3% less ownership
Funds ownership: 74.12% → 73.81% (-0.3%)
4% less funds holding
Funds holding: 78 → 75 (-3)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.53M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.51M |
| 3 |
C
Cliffwater
Marina Del Rey,
California
|
+$2.47M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
+$2.36M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$16.1M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$2.49M |
| 3 |
Millennium Management
New York
|
-$1.52M |
| 4 |
WFI
West Family Investments
Carlsbad,
California
|
-$1.23M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$973K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CBA
76
Coastal Bridge Advisors
Westport,
Connecticut
| – | -$88K | -11,710 | Closed |
|
|
ASN
77
Advisory Services Network
Atlanta,
Georgia
| – | -$7K | -880 | Closed |
|
|
PCA
78
Providence Capital Advisors
Charlotte,
North Carolina
| – | -$4K | -500 | Closed |
|
|
CAN
79
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$3K | -381 | Closed |
|
80
Barclays
London,
United Kingdom
| – | -$1K | -88 | Closed |
|
81
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$201 | -28 | -51% |
|
BBDC Hedge Fund Activity: Q2 2020 in Review
75 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q2 2020, worth a combined $282M — up 4% from $271M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BBDC and 5 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 28 added.
The largest buyer was UBS Group, adding an estimated $2.53M. The largest seller was Brown Advisory, cutting an estimated $16.1M.
- 75 institutional investors held Barings BDC (BBDC) as of Q2 2020, down from 78 in Q1 2020.
- Funds reported $282M of Barings BDC stock for Q2 2020, up 4% quarter-over-quarter.
- 5 funds opened new Barings BDC positions in Q2 2020 and 8 closed out, a net change of -3 holders.
- The largest Barings BDC buyer in Q2 2020 was UBS Group, an estimated $2.53M added.
- The largest Barings BDC seller in Q2 2020 was Brown Advisory, an estimated $16.1M sold.
Based on aggregated 13F filings for Q2 2020.