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Barings BDC

130 hedge funds and large institutions have $236M invested in Barings BDC in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 47 increasing their positions, 38 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 6

24% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 38

16% more capital invested

Capital invested by funds: $204M → $236M (+$32.5M)

11% more funds holding

Funds holding: 117130 (+13)

0.8% more ownership

Funds ownership: 27.03%27.83% (+0.8%)

9% less call options, than puts

Call options by funds: $1.63M | Put options by funds: $1.78M

Holders
130
Holders Change
+13
Holders Change %
+11.11%
% of All Funds
4.22%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
47
Reduced
38
Closed
6
Calls
$1.63M
Puts
$1.78M
Net Calls
-$153K
Net Calls Change
+$719K
Name Holding Trade Value Shares
Change
Change in
Stake
PAS
101
Partnervest Advisory Services
California
$95K +$3.67K +126 +4%
WRM
102
Westport Resources Management
Connecticut
$82K -$5.83K -200 -7%
US Bancorp
103
US Bancorp
Minnesota
$80K +$4.08K +140 +5%
BRWA
104
B. Riley Wealth Advisors
Florida
$78K +$77.2K +2,650 New
ACM
105
Antonetti Capital Management
Florida
$65K
KPCM
106
Kings Point Capital Management
New York
$59K
PTC
107
Private Trust Company
Ohio
$51K
BBHC
108
Brown Brothers Harriman & Co
New York
$51K +$51K +1,750 New
TRCT
109
Tower Research Capital (TRC)
New York
$47K -$187K -6,422 -80%
Citadel Advisors
110
Citadel Advisors
Florida
$37K -$125K -4,282 -77%
California Public Employees Retirement System
111
California Public Employees Retirement System
California
$36K
Fifth Third Bancorp
112
Fifth Third Bancorp
Ohio
$33K +$32.8K +1,125 New
Schroder Investment Management Group
113
Schroder Investment Management Group
United Kingdom
$29.4K +$29.1K +1,000 New
WCM
114
Windsor Capital Management
Arizona
$29K
PNC Financial Services Group
115
PNC Financial Services Group
Pennsylvania
$26K -$2.91K -100 -10%
NES
116
New England Securities
New York
$23K -$5.83K -200 -20%
DADC
117
D.A. Davidson & Co
Montana
$23K
BlackRock
118
BlackRock
New York
$23K +$2.42K +83 +12%
FWM
119
Focused Wealth Management
New York
$18K +$17.6K +604 New
ECM
120
ETrade Capital Management
Virginia
$16K +$1.66K +57 +12%
RFA
121
Reilly Financial Advisors
California
$15K +$14.6K +500 New
Envestnet Asset Management
122
Envestnet Asset Management
Illinois
$7K
WA
123
WFG Advisors
Texas
$5K
First Manhattan
124
First Manhattan
New York
$5K +$5.88K +202 New
Bank of Montreal
125
Bank of Montreal
Ontario, Canada
$4K +$3.85K +132 New

BBDC Hedge Fund Activity: Q3 2013 in Review

130 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q3 2013, worth a combined $236M — up 16% from $204M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new BBDC positions and 6 closed out — a net gain of 15 holders — while 47 added to existing stakes and 38 trimmed.

The largest buyer was Opus Capital Group, opening a new position worth an estimated $10.2M. The largest seller was UBS O'Connor, exiting entirely with an estimated $6.36M sold.

  • 130 institutional investors held Barings BDC (BBDC) as of Q3 2013, up from 117 in Q2 2013.
  • Funds reported $236M of Barings BDC stock for Q3 2013, up 16% quarter-over-quarter.
  • 21 funds opened new Barings BDC positions in Q3 2013 and 6 closed out, a net change of +15 holders.
  • The largest Barings BDC buyer in Q3 2013 was Opus Capital Group, an estimated $10.2M added.
  • The largest Barings BDC seller in Q3 2013 was UBS O'Connor, an estimated $6.36M sold.

Based on aggregated 13F filings for Q3 2013.