Barings BDC
BBDC
211 hedge funds and large institutions have $393M invested in Barings BDC in 2026 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 68 increasing their positions, 62 reducing their positions, and 34 closing their positions.
14,300% more call options, than puts
Call options by funds: $144K | Put options by funds: $1K
10% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 62
0.08% more ownership
Funds ownership: 45.49% → 45.57% (+0.08%)
9% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 34
3% less funds holding
Funds holding: 218 → 211 (-7)
11% less capital invested
Capital invested by funds: $439M → $393M (-$46.2M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$4.79M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$4.69M |
| 3 |
DCP
Diameter Capital Partners
New York
|
+$4.43M |
| 4 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$3.24M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.68M |
Top Sellers
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.4M |
| 2 |
VanEck Associates
New York
|
-$4.11M |
| 3 |
BlackRock
New York
|
-$3.11M |
| 4 |
Jane Street
New York
|
-$3.01M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$2.2M |
BBDC Hedge Fund Activity: Q1 2026 in Review
211 of the 8,125 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q1 2026, worth a combined $393M — down 11% from $439M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of BBDC and 31 opened new positions — a net loss of 3 holders — while 62 trimmed existing stakes and 68 added.
The largest buyer was Russell Investments Group, adding an estimated $4.79M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $7.4M sold.
- 211 institutional investors held Barings BDC (BBDC) as of Q1 2026, down from 218 in Q4 2025.
- Funds reported $393M of Barings BDC stock for Q1 2026, down 11% quarter-over-quarter.
- 31 funds opened new Barings BDC positions in Q1 2026 and 34 closed out, a net change of -3 holders.
- The largest Barings BDC buyer in Q1 2026 was Russell Investments Group, an estimated $4.79M added.
- The largest Barings BDC seller in Q1 2026 was Rivernorth Capital Management, an estimated $7.4M sold.
Based on aggregated 13F filings for Q1 2026.