Barings BDC
BBDC
108 hedge funds and large institutions have $169M invested in Barings BDC in 2014 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 38 increasing their positions, 29 reducing their positions, and 28 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 29
1.01% more ownership
Funds ownership: 22.78% → 23.79% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
3% less funds holding
Funds holding: 111 → 108 (-3)
18% less capital invested
Capital invested by funds: $205M → $169M (-$35.9M)
99% less call options, than puts
Call options by funds: $4K | Put options by funds: $447K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$8.99M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$5.41M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.77M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$3.02M |
| 5 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$12.9M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$7.66M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$6.35M |
| 4 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$3.77M |
| 5 |
Millennium Management
New York
|
-$2.73M |
BBDC Hedge Fund Activity: Q4 2014 in Review
108 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q4 2014, worth a combined $169M — down 18% from $205M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BBDC and 27 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 38 added.
The largest buyer was Invesco, adding an estimated $8.99M. The largest seller was Opus Capital Group, exiting entirely with an estimated $12.9M sold.
- 108 institutional investors held Barings BDC (BBDC) as of Q4 2014, down from 111 in Q3 2014.
- Funds reported $169M of Barings BDC stock for Q4 2014, down 18% quarter-over-quarter.
- 27 funds opened new Barings BDC positions in Q4 2014 and 28 closed out, a net change of -1 holder.
- The largest Barings BDC buyer in Q4 2014 was Invesco, an estimated $8.99M added.
- The largest Barings BDC seller in Q4 2014 was Opus Capital Group, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2014.