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Barings BDC

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.

New
Increased
Maintained
Reduced
Closed

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: 12 (+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 (+$17.2M)

3.84% more ownership

Funds ownership: 26.27%30.11% (+3.8%)

1% more funds holding

Funds holding: 104105 (+1)

Holders
105
Holders Change
+1
Holders Change %
+0.96%
% of All Funds
2.63%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
15
Increased
44
Reduced
27
Closed
12
Calls
$470K
Puts
$207K
Net Calls
+$263K
Net Calls Change
-$3.31M
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$21.2M +$7.79M +415,435 +56%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$17M +$3.95M +210,800 +29%
MC
3
Muzinich & Co
New York
$16.8M +$7.83M +417,820 +84%
State of New Jersey Common Pension Fund D
4
State of New Jersey Common Pension Fund D
New Jersey
$11M +$6.56M +350,000 +140%
UBS Group
5
UBS Group
Switzerland
$10.3M +$1.02M +54,462 +11%
MGAM
6
McGowan Group Asset Management
Texas
$9.84M -$146K -7,811 -1%
CLM
7
ClearBridge LLC (Maryland)
Maryland
$9.27M +$1.88M +100,083 +25%
CIM
8
Confluence Investment Management
Missouri
$8.74M +$322K +17,196 +4%
AM
9
Ares Management
California
$7.92M +$5.56M +296,690 +220%
GC
10
Guggenheim Capital
Illinois
$7.85M +$1.09M +57,948 +16%
Morgan Stanley
11
Morgan Stanley
New York
$5.92M -$440K -23,491 -7%
LCP
12
LGT Capital Partners
Switzerland
$5.04M +$2.53M +135,000 +96%
BG
13
BlackRock Group
United Kingdom
$4.96M +$1.37M +73,162 +37%
VanEck Associates
14
VanEck Associates
New York
$4.39M +$841K +44,852 +23%
AR
15
Advisory Research
Illinois
$4.32M +$2.6M +138,711 +143%
SMDAM
16
Sumitomo Mitsui DS Asset Management
Japan
$4.05M +$2.53M +134,862 +157%
Bank of Montreal
17
Bank of Montreal
Ontario, Canada
$4.01M
SC
18
Scholtz & Company
Connecticut
$4M +$1.93M +103,050 +90%
Two Sigma Advisers
19
Two Sigma Advisers
New York
$3.67M -$232K -12,393 -6%
RJA
20
Raymond James & Associates
Florida
$3.5M +$200K +10,664 +6%
Two Sigma Investments
21
Two Sigma Investments
New York
$3.45M -$1.33M -70,726 -27%
MVP
22
Miller Value Partners
Florida
$3.38M
Stifel Financial
23
Stifel Financial
Missouri
$3.17M +$350K +18,690 +12%
GIM
24
Greenwich Investment Management
Connecticut
$3.02M -$75.8K -4,045 -2%
Invesco
25
Invesco
Georgia
$2.83M -$7.69M -410,042 -73%

BBDC Hedge Fund Activity: Q4 2016 in Review

105 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q4 2016, worth a combined $223M — up 8.4% 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 8.4% 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.