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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
JHCP
151
Jackson Hole Capital Partners
Oklahoma
$115K
SA
152
Sanctuary Advisors
Indiana
$114K -$9.66K -979 -8%
SFS
153
Sowell Financial Services
Arkansas
$114K +$117K +11,899 New
Citigroup
154
Citigroup
New York
$112K +$65.2K +6,611 +129%
SWM
155
Spire Wealth Management
Virginia
$111K
OIA
156
OneDigital Investment Advisors
Kansas
$108K
CIM
157
Cambria Investment Management
California
$108K -$171K -17,300 -61%
EWA
158
ERTS Wealth Advisors
Michigan
$107K -$242K -24,514 -69%
Goldman Sachs
159
Goldman Sachs
New York
$106K +$109K +11,083 New
AA
160
Advisory Alpha
Michigan
$103K +$2.31K +234 +2%
Lazard Asset Management
161
Lazard Asset Management
New York
$102K -$367K -37,202 -78%
Mercer Global Advisors
162
Mercer Global Advisors
Colorado
$102K +$105K +10,647 New
MWM
163
Mindset Wealth Management
Indiana
$100K -$153K -15,500 -60%
BFG
164
Bouchey Financial Group
New York
$98K
EAM
165
Empirical Asset Management
Massachusetts
$96.3K +$99.6K +10,096 New
BAM
166
BOS Asset Management
Illinois
$95.8K +$99.1K +10,045 New
S
167
SignatureFD
Georgia
$95.2K -$444 -45 -0.4%
NFSG
168
Newbridge Financial Services Group
Florida
$94K +$12.3K +1,247 +14%
Simplex Trading
169
Simplex Trading
Illinois
$85K +$88.8K +9,008 New
AG
170
AmeriFlex Group
Nevada
$78.3K +$2.89K +293 +4%
CIA
171
Cape Investment Advisory
Georgia
$73.9K -$1.69K -171 -2%
LFG
172
Larson Financial Group
Missouri
$62.2K +$454 +46 +0.7%
QCG
173
Quadrant Capital Group
Ohio
$54.9K -$1.95K -198 -3%
PA
174
Pineridge Advisors
Missouri
$48.6K
MG
175
Mather Group
Illinois
$47.5K

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.