Barings BDC
BBDC
216 hedge funds and large institutions have $495M invested in Barings BDC in 2022 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 64 increasing their positions, 70 reducing their positions, and 36 closing their positions.
22% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 36
2% more funds holding
Funds holding: 212 → 216 (+4)
1.54% more ownership
Funds ownership: 46.21% → 47.75% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0% more call options, than puts
Call options by funds: $26K | Put options by funds: $26K
9% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 70
7% less capital invested
Capital invested by funds: $532M → $495M (-$37.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$16.7M |
| 2 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$9.14M |
| 3 |
Millennium Management
New York
|
+$4.15M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.13M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$3.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$5.18M |
| 2 |
Two Sigma Investments
New York
|
-$4.6M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$4.59M |
| 4 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
-$3.2M |
| 5 |
Two Sigma Advisers
New York
|
-$2.7M |
BBDC Hedge Fund Activity: Q2 2022 in Review
216 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q2 2022, worth a combined $495M — down 7% from $532M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new BBDC positions and 36 closed out — a net gain of 8 holders — while 64 added to existing stakes and 70 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $16.7M. The largest seller was Ares Management, cutting an estimated $5.18M.
- 216 institutional investors held Barings BDC (BBDC) as of Q2 2022, up from 212 in Q1 2022.
- Funds reported $495M of Barings BDC stock for Q2 2022, down 7% quarter-over-quarter.
- 44 funds opened new Barings BDC positions in Q2 2022 and 36 closed out, a net change of +8 holders.
- The largest Barings BDC buyer in Q2 2022 was Rivernorth Capital Management, an estimated $16.7M added.
- The largest Barings BDC seller in Q2 2022 was Ares Management, an estimated $5.18M sold.
Based on aggregated 13F filings for Q2 2022.