Barings BDC
BBDC
98 hedge funds and large institutions have $131M invested in Barings BDC in 2015 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
11% more funds holding
Funds holding: 88 → 98 (+10)
0.04% more ownership
Funds ownership: 23.8% → 23.84% (+0.04%)
29% less capital invested
Capital invested by funds: $185M → $131M (-$54.1M)
47% less call options, than puts
Call options by funds: $272K | Put options by funds: $517K
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
SAM
Shell Asset Management
The Hague,
Netherlands
|
+$1.55M |
| 2 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
+$1.41M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.37M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.31M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$955K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WS
101
Wedbush Securities
Los Angeles,
California
| – | -$266K | -11,355 | Closed |
|
102
AQR Capital Management
Greenwich,
Connecticut
| – | -$237K | -10,100 | Closed |
|
|
EFS
103
Essex Financial Services
Essex,
Connecticut
| – | -$217K | -9,257 | Closed |
|
|
PCM
104
Prelude Capital Management
New York
| – | -$211K | -9,000 | Closed |
|
|
VIA
105
Vantage Investment Advisors
State College,
Pennsylvania
| – | -$13K | -567 | Closed |
|
|
JG
106
Jefferies Group
New York
| – | -$11K | -452 | Closed |
|
|
BRWM
107
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$9K | -400 | Closed |
|
|
DADC
108
D.A. Davidson & Co
Great Falls,
Montana
| – | -$7K | -300 | Closed |
|
109
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$202 | +10 | New |
|
BBDC Hedge Fund Activity: Q3 2015 in Review
98 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q3 2015, worth a combined $131M — down 29% from $185M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BBDC positions and 11 closed out — a net gain of 11 holders — while 36 added to existing stakes and 25 trimmed.
The largest buyer was Shell Asset Management, opening a new position worth an estimated $1.55M. The largest seller was Edge Asset Management, cutting an estimated $4.26M.
- 98 institutional investors held Barings BDC (BBDC) as of Q3 2015, up from 88 in Q2 2015.
- Funds reported $131M of Barings BDC stock for Q3 2015, down 29% quarter-over-quarter.
- 22 funds opened new Barings BDC positions in Q3 2015 and 11 closed out, a net change of +11 holders.
- The largest Barings BDC buyer in Q3 2015 was Shell Asset Management, an estimated $1.55M added.
- The largest Barings BDC seller in Q3 2015 was Edge Asset Management, an estimated $4.26M sold.
Based on aggregated 13F filings for Q3 2015.