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Barings BDC

211 hedge funds and large institutions have $426M invested in Barings BDC in 2025 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 71 increasing their positions, 57 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 20

25% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 57

7% more funds holding

Funds holding: 198211 (+13)

1% more call options, than puts

Call options by funds: $1.7M | Put options by funds: $1.69M

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.33% less ownership

Funds ownership: 42.67%42.34% (-0.33%)

52% less capital invested

Capital invested by funds: $882M → $426M (-$456M)

Holders
211
Holders Change
+13
Holders Change %
+6.57%
% of All Funds
2.83%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
36
Increased
71
Reduced
57
Closed
20
Calls
$1.7M
Puts
$1.69M
Net Calls
+$19K
Net Calls Change
-$633K
Name Holding Trade Value Shares
Change
Change in
Stake
Corient Private Wealth
101
Corient Private Wealth
Florida
$210K +$217K +21,983 New
CPIG
102
Chicago Partners Investment Group
Illinois
$206K +$7.92K +803 +3%
CPRC
103
Consolidated Portfolio Review Corp
New York
$204K +$1.23K +125 +0.6%
ProShare Advisors
104
ProShare Advisors
Maryland
$190K +$20.7K +2,097 +12%
BL
105
BFSG LLC
California
$190K
FFS
106
Founders Financial Securities
Maryland
$189K +$24.8K +2,517 +13%
SWM
107
SeaCrest Wealth Management
New York
$185K -$13.7K -1,391 -7%
CCIA
108
Campbell & Co Investment Adviser
Maryland
$183K +$189K +19,202 New
PIA
109
Panoramic Investment Advisors
Colorado
$182K
FAIM
110
Financial Advocates Investment Management
Washington
$180K
FMTC
111
Farmers & Merchants Trust Company
California
$170K +$454 +46 +0.3%
QC
112
Quadrature Capital
United Kingdom
$169K +$175K +17,740 New
CP
113
Castleview Partners
Texas
$166K -$26K -2,641 -13%
CSP
114
Cary Street Partners
Virginia
$164K
WWM
115
Western Wealth Management
Colorado
$161K -$3.45K -350 -2%
PI
116
PFG Investments
New York
$161K +$45K +4,563 +37%
AAS
117
Avantax Advisory Services
Texas
$158K +$4.63K +469 +3%
KWA
118
Kingswood Wealth Advisors
California
$158K -$160K -16,181 -49%
GC
119
Guggenheim Capital
Illinois
$158K -$110K -11,105 -40%
RFN
120
Redwood Financial Network
Ohio
$156K
AIA
121
Armor Investment Advisors
North Carolina
$156K +$16.8K +1,700 +12%
CCA
122
Cobblestone Capital Advisors
New York
$155K -$20.4K -2,072 -11%
CAGAS
123
Capital Advisory Group Advisory Services
Minnesota
$155K -$20.7K -2,100 -11%
BFA
124
Beaumont Financial Advisors
Massachusetts
$153K +$4.97K +504 +3%
CAM
125
Cozad Asset Management
Illinois
$151K

BBDC Hedge Fund Activity: Q1 2025 in Review

211 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q1 2025, worth a combined $426M — down 52% from $882M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new BBDC positions and 20 closed out — a net gain of 16 holders — while 71 added to existing stakes and 57 trimmed.

The largest buyer was Two Sigma Advisers, adding an estimated $4.49M. The largest seller was Punch & Associates Investment Management, exiting entirely with an estimated $11.6M sold.

  • 211 institutional investors held Barings BDC (BBDC) as of Q1 2025, up from 198 in Q4 2024.
  • Funds reported $426M of Barings BDC stock for Q1 2025, down 52% quarter-over-quarter.
  • 36 funds opened new Barings BDC positions in Q1 2025 and 20 closed out, a net change of +16 holders.
  • The largest Barings BDC buyer in Q1 2025 was Two Sigma Advisers, an estimated $4.49M added.
  • The largest Barings BDC seller in Q1 2025 was Punch & Associates Investment Management, an estimated $11.6M sold.

Based on aggregated 13F filings for Q1 2025.