Barings BDC
BBDC
105 hedge funds and large institutions have $223M invested in Barings BDC in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 27 reducing their positions, and 12 closing their positions.
127% more call options, than puts
Call options by funds: $470K | Put options by funds: $207K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 27
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
8% more capital invested
Capital invested by funds: $206M → $223M (+$16.4M)
3.84% more ownership
Funds ownership: 26.27% → 30.11% (+3.8%)
1% more funds holding
Funds holding: 104 → 105 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$7.83M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7.79M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$6.56M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
+$5.56M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$7.69M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.94M |
| 3 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
-$2.92M |
| 4 |
RP
Raiff Partners
New York
|
-$1.68M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.45M |
BBDC Hedge Fund Activity: Q4 2016 in Review
105 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q4 2016, worth a combined $223M — up 8% from $206M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BBDC positions and 12 closed out — a net gain of 3 holders — while 44 added to existing stakes and 27 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $7.83M. The largest seller was Invesco, cutting an estimated $7.69M.
- 105 institutional investors held Barings BDC (BBDC) as of Q4 2016, up from 104 in Q3 2016.
- Funds reported $223M of Barings BDC stock for Q4 2016, up 8% quarter-over-quarter.
- 15 funds opened new Barings BDC positions in Q4 2016 and 12 closed out, a net change of +3 holders.
- The largest Barings BDC buyer in Q4 2016 was Muzinich & Co, an estimated $7.83M added.
- The largest Barings BDC seller in Q4 2016 was Invesco, an estimated $7.69M sold.
Based on aggregated 13F filings for Q4 2016.