Barings BDC
BBDC
104 hedge funds and large institutions have $206M invested in Barings BDC in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 49 increasing their positions, 22 reducing their positions, and 11 closing their positions.
1,118% more call options, than puts
Call options by funds: $3.89M | Put options by funds: $319K
123% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 22
32% more capital invested
Capital invested by funds: $155M → $206M (+$50.2M)
2.42% more ownership
Funds ownership: 23.85% → 26.27% (+2.4%)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
2% less funds holding
Funds holding: 106 → 104 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$14.2M |
| 2 |
MC
Muzinich & Co
New York
|
+$4.98M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$4.94M |
| 4 |
Two Sigma Investments
New York
|
+$4.59M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.06M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$587K |
| 3 |
HB
Homrich & Berg
Atlanta,
Georgia
|
-$580K |
| 4 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
-$466K |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$404K |
BBDC Hedge Fund Activity: Q3 2016 in Review
104 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q3 2016, worth a combined $206M — up 32% from $155M a quarter earlier.
Fund positioning in BBDC was balanced in Q3 2016: 11 funds opened new positions, 11 closed out, 49 added to existing stakes and 22 trimmed.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $14.2M. The largest seller was Janney Montgomery Scott, cutting an estimated $1.06M.
- 104 institutional investors held Barings BDC (BBDC) as of Q3 2016, down from 106 in Q2 2016.
- Funds reported $206M of Barings BDC stock for Q3 2016, up 32% quarter-over-quarter.
- 11 funds opened new Barings BDC positions in Q3 2016 and 11 closed out, a net change of 0 holders.
- The largest Barings BDC buyer in Q3 2016 was T. Rowe Price Associates, an estimated $14.2M added.
- The largest Barings BDC seller in Q3 2016 was Janney Montgomery Scott, an estimated $1.06M sold.
Based on aggregated 13F filings for Q3 2016.