Barings BDC
BBDC
105 hedge funds and large institutions have $169M invested in Barings BDC in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
33% more call options, than puts
Call options by funds: $662K | Put options by funds: $497K
26% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 31
7% more capital invested
Capital invested by funds: $157M → $169M (+$11.6M)
6% more funds holding
Funds holding: 99 → 105 (+6)
0.23% less ownership
Funds ownership: 24.68% → 24.45% (-0.23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.26M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$769K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$700K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$547K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$526K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.42M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.08M |
| 3 |
SLG
Stanley-Laman Group
Berwyn,
Pennsylvania
|
-$1.4M |
| 4 |
Millennium Management
New York
|
-$1.32M |
| 5 |
Two Sigma Investments
New York
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
101
CenterStar Fund
Chicago,
Illinois
| $2K | – | – | – |
|
|
TRCT
102
Tower Research Capital (TRC)
New York
| $2K | +$1.83K | +100 | New |
|
|
DADC
103
D.A. Davidson & Co
Great Falls,
Montana
| $2K | +$2.44K | +133 | New |
|
|
TFA
104
Transamerica Financial Advisors
St. Petersburg,
Florida
| $1K | -$92 | -5 | -83% |
|
105
BNP Paribas Financial Markets
Paris,
France
| $268 | -$679 | -37 | -74% |
|
|
PCM
106
Penserra Capital Management
Orinda,
California
| $7 | -$697 | -38 | -10% |
|
|
107
Millennium Management
New York
| – | -$1.32M | -69,202 | Closed |
|
|
GCP
108
GSA Capital Partners
London,
United Kingdom
| – | -$790K | -41,353 | Closed |
|
109
D.E. Shaw & Co
New York
| – | -$205K | -10,753 | Closed |
|
|
IA
110
IFP Advisors
Tampa,
Florida
| – | -$32K | -1,658 | Closed |
|
|
CG
111
Cutler Group
San Francisco,
California
| – | -$21.4K | -1,169 | Closed |
|
|
BFEC
112
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$13K | -670 | Closed |
|
|
AIA
113
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$8K | -406 | Closed |
|
BBDC Hedge Fund Activity: Q1 2016 in Review
105 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q1 2016, worth a combined $169M — up 7.4% from $157M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BBDC positions and 7 closed out — a net gain of 6 holders — while 39 added to existing stakes and 31 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $3.26M. The largest seller was UBS Group, cutting an estimated $3.42M.
- 105 institutional investors held Barings BDC (BBDC) as of Q1 2016, up from 99 in Q4 2015.
- Funds reported $169M of Barings BDC stock for Q1 2016, up 7.4% quarter-over-quarter.
- 13 funds opened new Barings BDC positions in Q1 2016 and 7 closed out, a net change of +6 holders.
- The largest Barings BDC buyer in Q1 2016 was Bank of Montreal, an estimated $3.26M added.
- The largest Barings BDC seller in Q1 2016 was UBS Group, an estimated $3.42M sold.
Based on aggregated 13F filings for Q1 2016.