Barings BDC
BBDC
191 hedge funds and large institutions have $427M invested in Barings BDC in 2024 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 63 increasing their positions, 55 reducing their positions, and 31 closing their positions.
358% more call options, than puts
Call options by funds: $1.11M | Put options by funds: $242K
15% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 55
4% less capital invested
Capital invested by funds: $446M → $427M (-$19.3M)
3.19% less ownership
Funds ownership: 44.35% → 41.16% (-3.2%)
5% less funds holding
Funds holding: 201 → 191 (-10)
16% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 31
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
+$4.4M |
| 2 |
VanEck Associates
New York
|
+$3.08M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$2.23M |
| 4 |
HCA
Harbor Capital Advisors
Chicago,
Illinois
|
+$2.09M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$12.3M |
| 2 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$9.24M |
| 3 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$6.04M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.4M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.85M |
BBDC Hedge Fund Activity: Q2 2024 in Review
191 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q2 2024, worth a combined $427M — down 4.3% from $446M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of BBDC and 26 opened new positions — a net loss of 5 holders — while 55 trimmed existing stakes and 63 added.
The largest buyer was Two Sigma Advisers, adding an estimated $4.4M. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $12.3M sold.
- 191 institutional investors held Barings BDC (BBDC) as of Q2 2024, down from 201 in Q1 2024.
- Funds reported $427M of Barings BDC stock for Q2 2024, down 4.3% quarter-over-quarter.
- 26 funds opened new Barings BDC positions in Q2 2024 and 31 closed out, a net change of -5 holders.
- The largest Barings BDC buyer in Q2 2024 was Two Sigma Advisers, an estimated $4.4M added.
- The largest Barings BDC seller in Q2 2024 was Relative Value Partners Group, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2024.