Barings BDC
BBDC
111 hedge funds and large institutions have $466M invested in Barings BDC in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 14 closing their positions.
107% more call options, than puts
Call options by funds: $388K | Put options by funds: $187K
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
2% more capital invested
Capital invested by funds: $458M → $466M (+$7.37M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.75% less ownership
Funds ownership: 66.44% → 64.7% (-1.7%)
3% less funds holding
Funds holding: 114 → 111 (-3)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$4.59M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.35M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.07M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$1.78M |
| 5 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.76M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$7.53M |
| 3 |
CLG
Cooperman Leon G
|
-$4.29M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$1.47M |
| 5 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
-$1.36M |
BBDC Hedge Fund Activity: Q3 2021 in Review
111 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q3 2021, worth a combined $466M — up 1.6% from $458M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BBDC and 12 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 40 added.
The largest buyer was Ares Management, adding an estimated $4.59M. The largest seller was Arrowstreet Capital, cutting an estimated $7.76M.
- 111 institutional investors held Barings BDC (BBDC) as of Q3 2021, down from 114 in Q2 2021.
- Funds reported $466M of Barings BDC stock for Q3 2021, up 1.6% quarter-over-quarter.
- 12 funds opened new Barings BDC positions in Q3 2021 and 14 closed out, a net change of -2 holders.
- The largest Barings BDC buyer in Q3 2021 was Ares Management, an estimated $4.59M added.
- The largest Barings BDC seller in Q3 2021 was Arrowstreet Capital, an estimated $7.76M sold.
Based on aggregated 13F filings for Q3 2021.