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Barings BDC

127 hedge funds and large institutions have $225M invested in Barings BDC in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 58 increasing their positions, 34 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 34

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.59% less ownership

Funds ownership: 32.06%29.47% (-2.6%)

7% less funds holding

Funds holding: 137127 (-10)

13% less capital invested

Capital invested by funds: $257M → $225M (-$32.2M)

25% less call options, than puts

Call options by funds: $564K | Put options by funds: $757K

41% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 22

Holders
127
Holders Change
-10
Holders Change %
-7.3%
% of All Funds
3.67%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
58
Reduced
34
Closed
22
Calls
$564K
Puts
$757K
Net Calls
-$193K
Net Calls Change
-$258K
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$17.8M -$108K -3,959 -0.6%
U
2
UBS
Switzerland
$15M +$2.14M +78,356 +16%
BTS
3
BB&T Securities
Virginia
$13.7M +$133K +4,868 +10%
State Street
4
State Street
Massachusetts
$12.9M -$389K -14,228 -3%
GIM
5
Greenwich Investment Management
Connecticut
$11.3M +$542K +19,841 +5%
Robeco Institutional Asset Management
6
Robeco Institutional Asset Management
Netherlands
$9.95M -$10.9K -400 -0.1%
OCG
7
Opus Capital Group
Ohio
$9.28M -$11.3M -411,901 -53%
BIT
8
BlackRock Institutional Trust
California
$8.73M -$128K -4,687 -1%
Northern Trust
9
Northern Trust
Illinois
$8.28M -$918K -33,604 -10%
Wells Fargo
10
Wells Fargo
California
$6.52M +$516K +18,879 +8%
Morgan Stanley
11
Morgan Stanley
New York
$5.84M -$1.57M -57,550 -20%
BG
12
BlackRock Group
United Kingdom
$5.54M +$560K +20,510 +11%
CIM
13
Confluence Investment Management
Missouri
$5.52M
Invesco
14
Invesco
Georgia
$4.94M -$3.88M -142,044 -43%
Two Sigma Investments
15
Two Sigma Investments
New York
$4.22M +$1.77M +64,930 +66%
TCIM
16
TIAA CREF Investment Management
New York
$3.7M -$39.9K -1,460 -1%
RJA
17
Raymond James & Associates
Florida
$3.07M +$23.7K +866 +0.7%
Vanguard Group
18
Vanguard Group
Pennsylvania
$2.67M -$6.3M -230,576 -69%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$2.54M -$134K -4,907 -5%
SLG
20
Stanley-Laman Group
Pennsylvania
$2.48M +$143K +5,232 +6%
BIM
21
BlackRock Investment Management
Delaware
$2.45M +$3.88K +142 +0.2%
CIS
22
Connors Investor Services
Pennsylvania
$2.23M +$769K +28,170 +49%
DG
23
Davidson & Garrard
Virginia
$2.18M +$162K +5,923 +8%
LSV Asset Management
24
LSV Asset Management
Illinois
$2.04M -$75.5K -2,766 -3%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$2.03M -$711K -26,023 -25%

BBDC Hedge Fund Activity: Q1 2014 in Review

127 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q1 2014, worth a combined $225M — down 13% from $257M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of BBDC and 13 opened new positions — a net loss of 9 holders — while 34 trimmed existing stakes and 58 added.

The largest buyer was UBS, adding an estimated $2.14M. The largest seller was Opus Capital Group, cutting an estimated $11.3M.

  • 127 institutional investors held Barings BDC (BBDC) as of Q1 2014, down from 137 in Q4 2013.
  • Funds reported $225M of Barings BDC stock for Q1 2014, down 13% quarter-over-quarter.
  • 13 funds opened new Barings BDC positions in Q1 2014 and 22 closed out, a net change of -9 holders.
  • The largest Barings BDC buyer in Q1 2014 was UBS, an estimated $2.14M added.
  • The largest Barings BDC seller in Q1 2014 was Opus Capital Group, an estimated $11.3M sold.

Based on aggregated 13F filings for Q1 2014.