We are live on ! Find out more
BBDC icon

Barings BDC

99 hedge funds and large institutions have $240M invested in Barings BDC in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 33

12% more call options, than puts

Call options by funds: $2.46M | Put options by funds: $2.19M

3.59% more ownership

Funds ownership: 31.61%35.2% (+3.6%)

17% less funds holding

Funds holding: 11999 (-20)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

64% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 28

75% less capital invested

Capital invested by funds: $973M → $240M (-$733M)

Holders
99
Holders Change
-20
Holders Change %
-16.81%
% of All Funds
2.47%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
10
Increased
44
Reduced
33
Closed
28
Calls
$2.46M
Puts
$2.19M
Net Calls
+$272K
Net Calls Change
+$594K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$27.9M +$7.86M +521,430 +36%
MC
2
Muzinich & Co
New York
$27.1M -$779K -51,683 -3%
State of New Jersey Common Pension Fund D
3
State of New Jersey Common Pension Fund D
New Jersey
$20.7M +$15.8M +1,050,000 +263%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$14.8M -$142K -9,400 -0.9%
CLM
5
ClearBridge LLC (Maryland)
Maryland
$14.4M +$4.05M +268,391 +36%
UBS Group
6
UBS Group
Switzerland
$12.8M +$158K +10,489 +1%
GC
7
Guggenheim Capital
Illinois
$7.56M -$378K -25,074 -5%
CIM
8
Confluence Investment Management
Missouri
$7.12M -$151K -10,003 -2%
AM
9
Ares Management
California
$6.5M +$745K +49,404 +12%
AR
10
Advisory Research
Illinois
$6.09M +$1.56M +103,454 +32%
Bank of America
11
Bank of America
North Carolina
$6M +$3.31M +219,645 +109%
SMDAM
12
Sumitomo Mitsui DS Asset Management
Japan
$5.85M +$1.51M +100,378 +32%
VanEck Associates
13
VanEck Associates
New York
$5.18M -$763K -50,643 -12%
Morgan Stanley
14
Morgan Stanley
New York
$4.95M +$1.17M +77,778 +29%
BTS
15
BB&T Securities
Virginia
$4.19M +$2.06M +136,508 +87%
NCM
16
Novare Capital Management
North Carolina
$3.99M +$1.17M +77,525 +38%
BlackRock
17
BlackRock
New York
$3.98M +$65.4K +4,340 +2%
LCP
18
LGT Capital Partners
Switzerland
$3.57M -$573K -38,000 -13%
MVP
19
Miller Value Partners
Florida
$3.53M +$1.85M +123,000 +99%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$3.46M +$482K +32,000 +15%
MCM
21
McKinley Capital Management
Alaska
$3.08M +$3.25M +215,374 New
Stifel Financial
22
Stifel Financial
Missouri
$2.63M -$484K -32,134 -15%
CIS
23
Connors Investor Services
Pennsylvania
$2.49M +$867K +57,512 +49%
AIA
24
Armor Investment Advisors
North Carolina
$2.33M +$158K +10,510 +7%
DC
25
Davenport & Co
Virginia
$2.17M +$795K +52,733 +53%

BBDC Hedge Fund Activity: Q3 2017 in Review

99 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q3 2017, worth a combined $240M — down 75% from $973M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of BBDC and 10 opened new positions — a net loss of 18 holders — while 33 trimmed existing stakes and 44 added.

The largest buyer was State of New Jersey Common Pension Fund D, adding an estimated $15.8M. The largest seller was McGowan Group Asset Management, exiting entirely with an estimated $9.52M sold.

  • 99 institutional investors held Barings BDC (BBDC) as of Q3 2017, down from 119 in Q2 2017.
  • Funds reported $240M of Barings BDC stock for Q3 2017, down 75% quarter-over-quarter.
  • 10 funds opened new Barings BDC positions in Q3 2017 and 28 closed out, a net change of -18 holders.
  • The largest Barings BDC buyer in Q3 2017 was State of New Jersey Common Pension Fund D, an estimated $15.8M added.
  • The largest Barings BDC seller in Q3 2017 was McGowan Group Asset Management, an estimated $9.52M sold.

Based on aggregated 13F filings for Q3 2017.