Barings BDC
BBDC
88 hedge funds and large institutions have $185M invested in Barings BDC in 2015 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 22 reducing their positions, and 12 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 22
31% more call options, than puts
Call options by funds: $877K | Put options by funds: $670K
2% more capital invested
Capital invested by funds: $181M → $185M (+$4.34M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.11% less ownership
Funds ownership: 23.91% → 23.8% (-0.11%)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
3% less funds holding
Funds holding: 91 → 88 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$5.16M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.48M |
| 3 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$2.36M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.53M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$933K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Edge Asset Management
Seattle,
Washington
|
-$6.36M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.79M |
| 3 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$1.65M |
| 4 |
AIM
Allen Investment Management
New York
|
-$1.07M |
| 5 |
SCM
Silver Capital Management
New York
|
-$542K |
BBDC Hedge Fund Activity: Q2 2015 in Review
88 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q2 2015, worth a combined $185M — up 2.4% from $181M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BBDC and 11 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 34 added.
The largest buyer was Principal Financial Group, opening a new position worth an estimated $5.16M. The largest seller was Edge Asset Management, cutting an estimated $6.36M.
- 88 institutional investors held Barings BDC (BBDC) as of Q2 2015, down from 91 in Q1 2015.
- Funds reported $185M of Barings BDC stock for Q2 2015, up 2.4% quarter-over-quarter.
- 11 funds opened new Barings BDC positions in Q2 2015 and 12 closed out, a net change of -1 holder.
- The largest Barings BDC buyer in Q2 2015 was Principal Financial Group, an estimated $5.16M added.
- The largest Barings BDC seller in Q2 2015 was Edge Asset Management, an estimated $6.36M sold.
Based on aggregated 13F filings for Q2 2015.