Barings BDC
BBDC
95 hedge funds and large institutions have $315M invested in Barings BDC in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 38 reducing their positions, and 17 closing their positions.
2,913% more call options, than puts
Call options by funds: $241K | Put options by funds: $8K
6.79% more ownership
Funds ownership: 59.21% → 66.01% (+6.8%)
4% more capital invested
Capital invested by funds: $304M → $315M (+$10.8M)
0% more funds holding
Funds holding: 95 → 95 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
45% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Barings
Charlotte,
North Carolina
|
+$37.4M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$11.5M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$7.91M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.55M |
| 5 |
WFI
West Family Investments
Carlsbad,
California
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$7.68M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$5.26M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$5.04M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
-$4.51M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$3.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
LPL Financial
San Diego,
California
| – | -$140K | -13,976 | Closed |
|
102
Truist Financial
Charlotte,
North Carolina
| – | -$110K | -10,980 | Closed |
|
103
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$67K | -6,650 | Closed |
|
104
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$38K | -3,800 | Closed |
|
|
JFA
105
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$12K | -1,185 | Closed |
|
|
JC
106
JBF Capital
Aspen,
Colorado
| – | -$10K | -1,000 | Closed |
|
|
SWP
107
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$10K | -1,000 | Closed |
|
|
WT
108
Whittier Trust
South Pasadena,
California
| – | -$10K | -1,000 | Closed |
|
|
CBT
109
Capital Bank & Trust
Irvine,
California
| – | +$109 | +11 | New |
|
BBDC Hedge Fund Activity: Q4 2018 in Review
95 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q4 2018, worth a combined $315M — up 3.5% from $304M a quarter earlier.
Fund positioning in BBDC was balanced in Q4 2018: 17 funds opened new positions, 17 closed out, 21 added to existing stakes and 38 trimmed.
The largest buyer was Barings, adding an estimated $37.4M. The largest seller was Bulldog Investors, cutting an estimated $7.68M.
- 95 institutional investors held Barings BDC (BBDC) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $315M of Barings BDC stock for Q4 2018, up 3.5% quarter-over-quarter.
- 17 funds opened new Barings BDC positions in Q4 2018 and 17 closed out, a net change of 0 holders.
- The largest Barings BDC buyer in Q4 2018 was Barings, an estimated $37.4M added.
- The largest Barings BDC seller in Q4 2018 was Bulldog Investors, an estimated $7.68M sold.
Based on aggregated 13F filings for Q4 2018.