Barings BDC
BBDC
107 hedge funds and large institutions have $436M invested in Barings BDC in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 35 increasing their positions, 30 reducing their positions, and 15 closing their positions.
260% more call options, than puts
Call options by funds: $1.33M | Put options by funds: $369K
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
17% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 30
2% more funds holding
Funds holding: 105 → 107 (+2)
3% more capital invested
Capital invested by funds: $424M → $436M (+$11.8M)
3.78% less ownership
Funds ownership: 70.67% → 66.89% (-3.8%)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$9.89M |
| 2 |
VanEck Associates
New York
|
+$4.26M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.91M |
| 4 |
C
Cliffwater
Marina Del Rey,
California
|
+$3.9M |
| 5 |
NWM
Nicola Wealth Management
Vancouver,
British Columbia, Canada
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WFI
West Family Investments
Carlsbad,
California
|
-$13.4M |
| 2 |
WC
Wynnefield Capital
New York
|
-$12.6M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$11.8M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.04M |
| 5 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
-$3.78M |
BBDC Hedge Fund Activity: Q1 2021 in Review
107 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q1 2021, worth a combined $436M — up 2.8% from $424M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BBDC positions and 15 closed out — a net gain of 5 holders — while 35 added to existing stakes and 30 trimmed.
The largest buyer was Ares Management, adding an estimated $9.89M. The largest seller was West Family Investments, exiting entirely with an estimated $13.4M sold.
- 107 institutional investors held Barings BDC (BBDC) as of Q1 2021, up from 105 in Q4 2020.
- Funds reported $436M of Barings BDC stock for Q1 2021, up 2.8% quarter-over-quarter.
- 20 funds opened new Barings BDC positions in Q1 2021 and 15 closed out, a net change of +5 holders.
- The largest Barings BDC buyer in Q1 2021 was Ares Management, an estimated $9.89M added.
- The largest Barings BDC seller in Q1 2021 was West Family Investments, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2021.