Barings BDC
BBDC
83 hedge funds and large institutions have $365M invested in Barings BDC in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 15 closing their positions.
1,144% more call options, than puts
Call options by funds: $112K | Put options by funds: $9K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
1.19% more ownership
Funds ownership: 70.26% → 71.45% (+1.2%)
4% more capital invested
Capital invested by funds: $350M → $365M (+$14.4M)
10% less funds holding
Funds holding: 92 → 83 (-9)
60% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
+$3.86M |
| 2 |
RVPG
Relative Value Partners Group
|
+$3.13M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.87M |
| 4 |
Millennium Management
New York
|
+$1.49M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$965K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.34M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$3.13M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.71M |
| 4 |
MNG
Manning & Napier Group
Fairport,
New York
|
-$605K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$561K |
BBDC Hedge Fund Activity: Q3 2019 in Review
83 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q3 2019, worth a combined $365M — up 4.1% from $350M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BBDC and 6 opened new positions — a net loss of 9 holders — while 25 trimmed existing stakes and 29 added.
The largest buyer was Dimension Capital Management, adding an estimated $3.86M. The largest seller was Arrowstreet Capital, cutting an estimated $3.34M.
- 83 institutional investors held Barings BDC (BBDC) as of Q3 2019, down from 92 in Q2 2019.
- Funds reported $365M of Barings BDC stock for Q3 2019, up 4.1% quarter-over-quarter.
- 6 funds opened new Barings BDC positions in Q3 2019 and 15 closed out, a net change of -9 holders.
- The largest Barings BDC buyer in Q3 2019 was Dimension Capital Management, an estimated $3.86M added.
- The largest Barings BDC seller in Q3 2019 was Arrowstreet Capital, an estimated $3.34M sold.
Based on aggregated 13F filings for Q3 2019.