Barings BDC
BBDC
203 hedge funds and large institutions have $429M invested in Barings BDC in 2026 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 73 increasing their positions, 59 reducing their positions, and 30 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 59
9% more capital invested
Capital invested by funds: $393M → $429M (+$36M)
2.48% more ownership
Funds ownership: 45.57% → 48.05% (+2.5%)
4% less funds holding
Funds holding: 211 → 203 (-8)
10% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 30
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
68% less call options, than puts
Call options by funds: $320K | Put options by funds: $993K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$4.59M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.49M |
| 3 |
VanEck Associates
New York
|
+$4.16M |
| 4 |
PMG
Private Management Group
Irvine,
California
|
+$4.12M |
| 5 |
GGH
GCM Grosvenor Holdings
Chicago,
Illinois
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Diameter Capital Partners
New York
|
-$11.8M |
| 2 |
D.E. Shaw & Co
New York
|
-$2.3M |
| 3 |
BAMF
BI Asset Management Fondsmaeglerselskab
Kobenhavn,
Denmark
|
-$1.75M |
| 4 |
LF
Lansforsakringar Fondforvaltning
Stockholm,
Sweden
|
-$1.52M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.42M |
BBDC Hedge Fund Activity: Q2 2026 in Review
203 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Barings BDC (BBDC) for Q2 2026, worth a combined $429M — up 9.2% from $393M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BBDC and 27 opened new positions — a net loss of 3 holders — while 59 trimmed existing stakes and 73 added.
The largest buyer was Ares Management, adding an estimated $4.59M. The largest seller was Diameter Capital Partners, cutting an estimated $11.8M.
- 203 institutional investors held Barings BDC (BBDC) as of Q2 2026, down from 211 in Q1 2026.
- Funds reported $429M of Barings BDC stock for Q2 2026, up 9.2% quarter-over-quarter.
- 27 funds opened new Barings BDC positions in Q2 2026 and 30 closed out, a net change of -3 holders.
- The largest Barings BDC buyer in Q2 2026 was Ares Management, an estimated $4.59M added.
- The largest Barings BDC seller in Q2 2026 was Diameter Capital Partners, an estimated $11.8M sold.
Based on aggregated 13F filings for Q2 2026.