Barings BDC
BBDC
212 hedge funds and large institutions have $530M invested in Barings BDC in 2022 Q1 according to their latest regulatory filings, with 111 funds opening new positions, 57 increasing their positions, 19 reducing their positions, and 11 closing their positions.
909% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 11
200% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 19
86% more funds holding
Funds holding: 114 → 212 (+98)
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
14% more capital invested
Capital invested by funds: $465M → $530M (+$65.1M)
18.37% less ownership
Funds ownership: 64.58% → 46.21% (-18%)
73% less call options, than puts
Call options by funds: $23K | Put options by funds: $86K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$11.3M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$7.47M |
| 3 |
Two Sigma Advisers
New York
|
+$6.85M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$6.72M |
| 5 |
AM
Ares Management
Los Angeles,
California
|
+$6.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$3.82M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.41M |
| 3 |
BlackRock
New York
|
-$1.42M |
| 4 |
RVPG
Relative Value Partners Group
|
-$748K |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$437K |
BBDC Hedge Fund Activity: Q1 2022 in Review
212 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q1 2022, worth a combined $530M — up 14% from $465M a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new BBDC positions and 11 closed out — a net gain of 100 holders — while 57 added to existing stakes and 19 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $11.3M. The largest seller was Clough Capital Partners, cutting an estimated $3.82M.
- 212 institutional investors held Barings BDC (BBDC) as of Q1 2022, up from 114 in Q4 2021.
- Funds reported $530M of Barings BDC stock for Q1 2022, up 14% quarter-over-quarter.
- 111 funds opened new Barings BDC positions in Q1 2022 and 11 closed out, a net change of +100 holders.
- The largest Barings BDC buyer in Q1 2022 was Rivernorth Capital Management, an estimated $11.3M added.
- The largest Barings BDC seller in Q1 2022 was Clough Capital Partners, an estimated $3.82M sold.
Based on aggregated 13F filings for Q1 2022.