Belden
359 hedge funds and large institutions have $4.62B invested in Belden in 2025 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 105 increasing their positions, 140 reducing their positions, and 38 closing their positions.
68% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 38
41% more call options, than puts
Call options by funds: $2.39M | Put options by funds: $1.69M
7% more funds holding
Funds holding: 337 → 359 (+22)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.21% less ownership
Funds ownership: 101.05% → 100.84% (-0.21%)
4% less capital invested
Capital invested by funds: $4.81B → $4.62B (-$193M)
25% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 140
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$77.4M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$43.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$25.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.2M |
| 5 |
DG
Daventry Group
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$159M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$68M |
| 3 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$49.5M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$14.8M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$11.2M |
BDC Hedge Fund Activity: Q4 2025 in Review
359 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Belden (BDC) for Q4 2025, worth a combined $4.62B — down 4% from $4.81B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new BDC positions and 38 closed out — a net gain of 26 holders — while 105 added to existing stakes and 140 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $77.4M. The largest seller was Fidelity Investments, cutting an estimated $159M.
- 359 institutional investors held Belden (BDC) as of Q4 2025, up from 337 in Q3 2025.
- Funds reported $4.62B of Belden stock for Q4 2025, down 4% quarter-over-quarter.
- 64 funds opened new Belden positions in Q4 2025 and 38 closed out, a net change of +26 holders.
- The largest Belden buyer in Q4 2025 was T. Rowe Price Associates, an estimated $77.4M added.
- The largest Belden seller in Q4 2025 was Fidelity Investments, an estimated $159M sold.
Based on aggregated 13F filings for Q4 2025.