Barings BDC
BBDC
106 hedge funds and large institutions have $155M invested in Barings BDC in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 50 increasing their positions, 23 reducing their positions, and 12 closing their positions.
142% more call options, than puts
Call options by funds: $1.75M | Put options by funds: $724K
117% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 23
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 105 → 106 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.6% less ownership
Funds ownership: 24.45% → 23.85% (-0.6%)
8% less capital invested
Capital invested by funds: $169M → $155M (-$13.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
+$2.7M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.2M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
+$2.14M |
| 4 |
SC
Scholtz & Company
Stamford,
Connecticut
|
+$2.11M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$5.78M |
| 2 |
EAM
Edge Asset Management
Seattle,
Washington
|
-$4.67M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$2.58M |
| 4 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$2.43M |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$2.08M |
BBDC Hedge Fund Activity: Q2 2016 in Review
106 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q2 2016, worth a combined $155M — down 7.9% from $169M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BBDC positions and 12 closed out — a net gain of 2 holders — while 50 added to existing stakes and 23 trimmed.
The largest buyer was LGT Capital Partners, opening a new position worth an estimated $2.7M. The largest seller was Yorktown Management & Research Company, exiting entirely with an estimated $5.78M sold.
- 106 institutional investors held Barings BDC (BBDC) as of Q2 2016, up from 105 in Q1 2016.
- Funds reported $155M of Barings BDC stock for Q2 2016, down 7.9% quarter-over-quarter.
- 14 funds opened new Barings BDC positions in Q2 2016 and 12 closed out, a net change of +2 holders.
- The largest Barings BDC buyer in Q2 2016 was LGT Capital Partners, an estimated $2.7M added.
- The largest Barings BDC seller in Q2 2016 was Yorktown Management & Research Company, an estimated $5.78M sold.
Based on aggregated 13F filings for Q2 2016.