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Barings BDC

111 hedge funds and large institutions have $205M invested in Barings BDC in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 30 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

67% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 30

4.55% less ownership

Funds ownership: 27.33%22.78% (-4.5%)

9% less funds holding

Funds holding: 122111 (-11)

12% less capital invested

Capital invested by funds: $235M → $205M (-$29.2M)

38% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 29

100% less call options, than puts

Call options by funds: $3K | Put options by funds: $903K

Holders
111
Holders Change
-11
Holders Change %
-9.02%
% of All Funds
3.22%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
18
Increased
50
Reduced
30
Closed
29
Calls
$3K
Puts
$903K
Net Calls
-$900K
Net Calls Change
-$106K
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
1
BB&T Securities
Virginia
$21.5M +$332K +12,236 +17%
U
2
UBS
Switzerland
$13.5M -$3.01M -111,234 -17%
OCG
3
Opus Capital Group
Ohio
$12.9M -$3.43M -126,570 -20%
EAM
4
Edge Asset Management
Washington
$12M +$2.55M +94,241 +25%
Invesco
5
Invesco
Georgia
$10.8M -$438K -16,169 -4%
GIM
6
Greenwich Investment Management
Connecticut
$10.7M -$34.7K -1,279 -0.3%
Robeco Institutional Asset Management
7
Robeco Institutional Asset Management
Netherlands
$9.3M
Wells Fargo
8
Wells Fargo
California
$7.31M +$445K +16,426 +6%
NC
9
Northpointe Capital
Michigan
$6.35M +$6.8M +250,897 New
CIM
10
Confluence Investment Management
Missouri
$5.85M +$283K +10,434 +5%
RJA
11
Raymond James & Associates
Florida
$5.75M +$2.03M +74,867 +49%
Millennium Management
12
Millennium Management
New York
$5.19M +$5.04M +185,884 +970%
Principal Financial Group
13
Principal Financial Group
Iowa
$4.77M +$710K +26,185 +16%
YMRC
14
Yorktown Management & Research Company
Virginia
$4.68M +$1.9M +70,000 +61%
Two Sigma Investments
15
Two Sigma Investments
New York
$4.53M +$4.24M +156,341 +694%
BG
16
BlackRock Group
United Kingdom
$4.05M -$28.6K -1,054 -0.7%
Morgan Stanley
17
Morgan Stanley
New York
$2.93M -$1.36M -50,163 -30%
SLG
18
Stanley-Laman Group
Pennsylvania
$2.75M +$182K +6,711 +7%
DG
19
Davidson & Garrard
Virginia
$2.47M +$305K +11,270 +13%
Goldman Sachs
20
Goldman Sachs
New York
$2.43M -$551K -20,344 -17%
LSV Asset Management
21
LSV Asset Management
Illinois
$2.29M
CIS
22
Connors Investor Services
Pennsylvania
$2.19M +$2.52K +93 +0.1%
VAM
23
Verity Asset Management
North Carolina
$2.17M +$2.32M +85,548 New
AR
24
Advisory Research
Illinois
$2.11M +$604K +22,270 +37%
SMDAM
25
Sumitomo Mitsui DS Asset Management
Japan
$2.11M +$604K +22,270 +37%

BBDC Hedge Fund Activity: Q3 2014 in Review

111 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q3 2014, worth a combined $205M — down 12% from $235M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of BBDC and 18 opened new positions — a net loss of 11 holders — while 30 trimmed existing stakes and 50 added.

The largest buyer was Northpointe Capital, opening a new position worth an estimated $6.8M. The largest seller was Northern Trust, cutting an estimated $5.6M.

  • 111 institutional investors held Barings BDC (BBDC) as of Q3 2014, down from 122 in Q2 2014.
  • Funds reported $205M of Barings BDC stock for Q3 2014, down 12% quarter-over-quarter.
  • 18 funds opened new Barings BDC positions in Q3 2014 and 29 closed out, a net change of -11 holders.
  • The largest Barings BDC buyer in Q3 2014 was Northpointe Capital, an estimated $6.8M added.
  • The largest Barings BDC seller in Q3 2014 was Northern Trust, an estimated $5.6M sold.

Based on aggregated 13F filings for Q3 2014.