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Barings BDC

127 hedge funds and large institutions have $225M invested in Barings BDC in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 58 increasing their positions, 34 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 34

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.59% less ownership

Funds ownership: 32.06%29.47% (-2.6%)

7% less funds holding

Funds holding: 137127 (-10)

13% less capital invested

Capital invested by funds: $257M → $225M (-$32.2M)

25% less call options, than puts

Call options by funds: $564K | Put options by funds: $757K

41% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 22

Holders
127
Holders Change
-10
Holders Change %
-7.3%
% of All Funds
3.67%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
58
Reduced
34
Closed
22
Calls
$564K
Puts
$757K
Net Calls
-$193K
Net Calls Change
-$258K
Name Holding Trade Value Shares
Change
Change in
Stake
LTFS
101
Ladenburg Thalmann Financial Services
Florida
$182K +$112K +4,091 +140%
FMT
102
First Mercantile Trust
Tennessee
$140K -$47.8K -1,750 -24%
PAS
103
Partnervest Advisory Services
California
$136K +$33.8K +1,239 +31%
BRWA
104
B. Riley Wealth Advisors
Florida
$129K +$54.9K +2,009 +68%
WRM
105
Westport Resources Management
Connecticut
$122K +$51.9K +1,901 +68%
QT
106
Quantbot Technologies
New York
$93K +$98.3K +3,600 New
US Bancorp
107
US Bancorp
Minnesota
$70K +$2.73K +100 +4%
IMS
108
Index Management Solutions
Pennsylvania
$64K +$67.7K +2,478 New
BBHC
109
Brown Brothers Harriman & Co
New York
$45K
Canada Life
110
Canada Life
Manitoba, Canada
$41K
BNP Paribas Financial Markets
111
BNP Paribas Financial Markets
France
$38.9K +$1.56K +57 +4%
Dimensional Fund Advisors
112
Dimensional Fund Advisors
Texas
$35K
Teacher Retirement System of Texas
113
Teacher Retirement System of Texas
Texas
$26K -$437 -16 -2%
TRCT
114
Tower Research Capital (TRC)
New York
$26K +$12.2K +448 +84%
NES
115
New England Securities
New York
$23K
BlackRock
116
BlackRock
New York
$20K
DADC
117
D.A. Davidson & Co
Montana
$20K
FWM
118
Focused Wealth Management
New York
$16K
PNC Financial Services Group
119
PNC Financial Services Group
Pennsylvania
$15K +$2.49K +91 +18%
S
120
SignatureFD
Georgia
$15K +$16.3K +595 New
EARNEST Partners
121
EARNEST Partners
Georgia
$13K -$5.46K -200 -29%
BRWM
122
B. Riley Wealth Management
Tennessee
$10K +$10.9K +400 New
TI
123
Turner Investments
Pennsylvania
$10K +$10.9K +400 New
First Manhattan
124
First Manhattan
New York
$5K
WA
125
WFG Advisors
Texas
$4K

BBDC Hedge Fund Activity: Q1 2014 in Review

127 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q1 2014, worth a combined $225M — down 13% from $257M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of BBDC and 13 opened new positions — a net loss of 9 holders — while 34 trimmed existing stakes and 58 added.

The largest buyer was UBS, adding an estimated $2.14M. The largest seller was Opus Capital Group, cutting an estimated $11.3M.

  • 127 institutional investors held Barings BDC (BBDC) as of Q1 2014, down from 137 in Q4 2013.
  • Funds reported $225M of Barings BDC stock for Q1 2014, down 13% quarter-over-quarter.
  • 13 funds opened new Barings BDC positions in Q1 2014 and 22 closed out, a net change of -9 holders.
  • The largest Barings BDC buyer in Q1 2014 was UBS, an estimated $2.14M added.
  • The largest Barings BDC seller in Q1 2014 was Opus Capital Group, an estimated $11.3M sold.

Based on aggregated 13F filings for Q1 2014.