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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
NWM
176
Nova Wealth Management
Florida
$43.4K
Nomura Asset Management
177
Nomura Asset Management
Japan
$42.5K -$56.1K -5,690 -56%
WPA
178
Wealth Preservation Advisors
Tennessee
$29.1K +$30.1K +3,050 New
BCWM
179
Bartlett & Co Wealth Management
Ohio
$28.6K
CWM
180
Consultiva Wealth Management
Puerto Rico
$28.6K +$29.6K +3,000 New
Northwestern Mutual Wealth Management
181
Northwestern Mutual Wealth Management
Wisconsin
$26.9K -$14.3K -1,454 -34%
CLG
182
Cooperman Leon G
$25.2K
GIA
183
GHP Investment Advisors
Colorado
$21.2K +$21.9K +2,222 New
NA
184
NewEdge Advisors
Louisiana
$20.9K
CSC
185
Caldwell Sutter Capital
California
$18.7K
GSWM
186
Golden State Wealth Management
California
$18.3K +$18.9K +1,915 New
CIBC Private Wealth Group
187
CIBC Private Wealth Group
Georgia
$18.1K -$19.9K -2,022 -47%
MCM
188
MAI Capital Management
Ohio
$15.2K -$15.7K -1,594 -50%
PA
189
Parallel Advisors
California
$14.7K +$1.56K +158 +11%
TRCT
190
Tower Research Capital (TRC)
New York
$11.8K -$1.96K -199 -14%
PTC
191
Private Trust Company
Ohio
$11.1K
LC
192
Lindbrook Capital
California
$10.7K +$2.44K +247 +28%
FCMT
193
Founders Capital Management (Texas)
Texas
$9.34K
CNBTD
194
Citizens National Bank Trust Department
Mississippi
$8.39K -$592 -60 -6%
NSIM
195
North Star Investment Management
Illinois
$6.11K
CA
196
Crewe Advisors
Utah
$6.01K
SC
197
Swan Capital
Florida
$5.75K
FFA
198
Farther Finance Advisors
California
$4.85K +$5.03K +510 New
HI
199
Harbour Investments
Wisconsin
$3.2K -$5.92K -600 -64%
BWL
200
Bogart Wealth LLC
Virginia
$2.94K -$1.31K -133 -30%

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.