Barings BDC
BBDC
117 hedge funds and large institutions have $279M invested in Barings BDC in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 47 increasing their positions, 25 reducing their positions, and 11 closing their positions.
127% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 11
88% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 25
37% more call options, than puts
Call options by funds: $3.74M | Put options by funds: $2.73M
25% more capital invested
Capital invested by funds: $223M → $279M (+$56.2M)
11% more funds holding
Funds holding: 105 → 117 (+12)
0.57% more ownership
Funds ownership: 30.11% → 30.68% (+0.57%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
MC
Muzinich & Co
New York
|
+$16.8M |
| 2 |
BlackRock
New York
|
+$6.39M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$5.37M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$5.15M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.25M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EA
126
Edge Advisors
Atlanta,
Georgia
| – | -$9K | -524 | Closed |
|
127
EARNEST Partners
Atlanta,
Georgia
| – | -$9K | -500 | Closed |
|
|
TRCT
128
Tower Research Capital (TRC)
New York
| – | -$7K | -409 | Closed |
|
BBDC Hedge Fund Activity: Q1 2017 in Review
117 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q1 2017, worth a combined $279M — up 25% from $223M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BBDC positions and 11 closed out — a net gain of 14 holders — while 47 added to existing stakes and 25 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $16.8M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $3.83M.
- 117 institutional investors held Barings BDC (BBDC) as of Q1 2017, up from 105 in Q4 2016.
- Funds reported $279M of Barings BDC stock for Q1 2017, up 25% quarter-over-quarter.
- 25 funds opened new Barings BDC positions in Q1 2017 and 11 closed out, a net change of +14 holders.
- The largest Barings BDC buyer in Q1 2017 was Muzinich & Co, an estimated $16.8M added.
- The largest Barings BDC seller in Q1 2017 was State of New Jersey Common Pension Fund D, an estimated $3.83M sold.
Based on aggregated 13F filings for Q1 2017.