Barings BDC
BBDC
119 hedge funds and large institutions have $973M invested in Barings BDC in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 50 increasing their positions, 27 reducing their positions, and 14 closing their positions.
249% more capital invested
Capital invested by funds: $279M → $973M (+$694M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
85% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 27
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
2% more funds holding
Funds holding: 117 → 119 (+2)
0.93% more ownership
Funds ownership: 30.68% → 31.61% (+0.93%)
18% less call options, than puts
Call options by funds: $1.43M | Put options by funds: $1.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$4.01M |
| 2 |
NCM
Novare Capital Management
Charlotte,
North Carolina
|
+$3.67M |
| 3 |
MC
Muzinich & Co
New York
|
+$2.86M |
| 4 |
FPFS
First Personal Financial Services
Charlotte,
North Carolina
|
+$1.97M |
| 5 |
AM
Ares Management
Los Angeles,
California
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$5.91M |
| 2 |
Two Sigma Advisers
New York
|
-$2.96M |
| 3 |
SC
Scholtz & Company
Stamford,
Connecticut
|
-$2M |
| 4 |
IP
Ironsides Partners
Boston,
Massachusetts
|
-$1.91M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.47M |
BBDC Hedge Fund Activity: Q2 2017 in Review
119 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q2 2017, worth a combined $973M — up 249% from $279M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BBDC positions and 14 closed out — a net gain of 3 holders — while 50 added to existing stakes and 27 trimmed.
The largest buyer was ClearBridge LLC (Maryland), adding an estimated $4.01M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $5.91M sold.
- 119 institutional investors held Barings BDC (BBDC) as of Q2 2017, up from 117 in Q1 2017.
- Funds reported $973M of Barings BDC stock for Q2 2017, up 249% quarter-over-quarter.
- 17 funds opened new Barings BDC positions in Q2 2017 and 14 closed out, a net change of +3 holders.
- The largest Barings BDC buyer in Q2 2017 was ClearBridge LLC (Maryland), an estimated $4.01M added.
- The largest Barings BDC seller in Q2 2017 was Two Sigma Investments, an estimated $5.91M sold.
Based on aggregated 13F filings for Q2 2017.