Skip to main content
Livermore
Livermore
ZHEN

Barings LLC

SEC CIK
0000009015
Latest filing
Aug 7, 2026

Holdings in Q2 2021

Holdings as of Jun 30, 2021, filed Aug 12, 2021. Long positions only; changes compare share counts with Q1 2021.

Institution overview
Positions
383
−42 vs. Q1 2021
Portfolio value
$4.32B
+$280.5M (+6.9%) vs. Q1 2021
Filed
Aug 12, 2021
AmendedSEC
Holdings of Barings LLC in Q2 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Core S&P 500 ETF464287200ETF1,573,918$676.7M15.7%+156,742+11.1%Added–
iShares Tr464288646ISHS 1-5YR INVS7,483,700$410.2M9.5%+5,467,000+271.1%Added–
Invesco QQQ Trust Series I46090E103ETF895,000$317.2M7.3%+62,300+7.5%Added–
iShares Russell 2000 Growth ETF464287648ETF996,000$310.4M7.2%+118,024+13.4%Added–
BABAAlibaba Group Holding LtdADR918,572$208.3M4.8%−299,560−24.6%ReducedHistory
BBDCBarings BDC, Inc.COM13,639,681$144.0M3.3%00.0%UnchangedHistory
NBISNebius Group N.V.Stock1,477,878$104.6M2.4%+88,497+6.4%AddedHistory
PDDPDD Holdings Inc.SPONSORED ADS616,662$78.3M1.8%+134,347+27.9%AddedHistory
SESea LtdSPONSORD ADS253,675$69.7M1.6%−12,944−4.9%ReducedHistory
BILIBilibili Inc.SPONS ADS REP Z529,980$64.6M1.5%+10,513+2.0%AddedHistory
DISH Network CORP25470MAB5NOTE 3.375% 8/1–$60.7M1.4%–––
TSMTaiwan Semiconductor Manufacturing Co LtdADR483,833$58.1M1.3%−111,111−18.7%ReducedHistory
GDSGDS Holdings LtdSPONSORED ADS696,413$54.7M1.3%+4,030+0.6%AddedHistory
ZHZhihu Inc.ADS3,953,404$53.6M1.2%+232,500+6.2%AddedHistory
iShares Tr46429B655FLTG RATE NT ETF1,031,000$52.4M1.2%00.0%Unchanged–
Invesco Exch Traded FD Tr II46138G508SR LN ETF2,147,969$47.6M1.1%+1,196,917+125.9%Added–
Two HBRS Invt Corp90187BAA9NOTE 6.250% 1/1–$39.3M0.9%–New–
iShares Semiconductor ETF464287523ETF79,990$36.3M0.8%−78,072−49.4%Reduced–
iShares Tips Bond ETF464287176ETF252,701$32.3M0.7%+76,491+43.4%Added–
DQDaqo New Energy Corp.SPNSRD ADS NEW488,371$31.8M0.7%+52,000+11.9%AddedHistory
iShares S&P 500 Value ETF464287408ETF212,687$31.4M0.7%−2,521−1.2%Reduced–
NIONIO Inc.ADR577,701$30.7M0.7%+577,701NewHistory
iShares Tr46432F388MSCI USA VALUE287,627$30.2M0.7%−168,313−36.9%Reduced–
XPEVXpeng Inc.ADS661,849$29.4M0.7%+23,425+3.7%AddedHistory
iShares Tr464287861EUROPE ETF522,906$27.9M0.6%−36,431−6.5%Reduced–
REREATRenew Inc.SPONSORED ADS1,833,787$27.4M0.6%+1,833,787NewHistory
NTRNutrien Ltd.COM437,141$26.5M0.6%−226,843−34.2%ReducedHistory
TUYATuya Inc.SPONSERED ADS999,403$24.5M0.6%+53,216+5.6%AddedHistory
Colony Cap Inc19624RAA4NOTE 5.000% 4/1–$22.2M0.5%–New–
TCPCBlackRock TCP Capital Corp.COM1,603,372$22.2M0.5%00.0%UnchangedHistory
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF153,874$20.7M0.5%+5,220+3.5%Added–
Vanguard Morningstar Value ETF922908744ETF149,488$20.5M0.5%−4,497−2.9%Reduced–
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A653,902$19.8M0.5%+467,182+250.2%AddedHistory
iShares Tr464287796U.S. ENERGY ETF653,518$19.0M0.4%+653,518New–
SUSuncor Energy IncStock783,835$18.8M0.4%−403,155−34.0%ReducedHistory
Avaya Hldgs Corp05351XAB7NOTE 2.250% 6/1–$17.8M0.4%–––
New York Mtg Tr Inc649604AD7NOTE 6.250% 1/1–$17.4M0.4%–New–
Pennymac Corp70932AAD5NOTE 5.500%11/0–$17.4M0.4%–New–
TPG Specialty Lending Inc87265KAD4NOTE 4.500% 8/0–$17.3M0.4%–New–
iShares Tr4642874407-10 YR TRSY BD142,455$16.5M0.4%00.0%Unchanged–
iShares Tr464287788U.S. FINLS ETF194,552$15.8M0.4%00.0%Unchanged–
Mfa Finl Inc55272XAA0NOTE 6.250% 6/1–$15.6M0.4%–New–
iShares Tr46435U713US INFRASTRUC442,538$15.6M0.4%+442,538New–
Vanguard Financials ETF92204A405ETF172,448$15.6M0.4%+120,973+235.0%Added–
iShares Tr464288695GLOBAL MATER ETF168,651$15.3M0.4%−88,638−34.5%Reduced–
iShares Inc46434G822MSCI JAPAN ETF226,135$15.3M0.4%−83,807−27.0%Reduced–
Vanguard Information Technology ETF92204A702ETF37,966$15.1M0.4%−3,620−8.7%Reduced–
AAPLApple Inc.Stock108,609$14.9M0.3%−1,701−1.5%ReducedHistory
LINLinde PLCSHS51,015$14.7M0.3%−856−1.7%ReducedHistory
EOSEEos Energy Enterprises, Inc.COM CL A820,556$14.7M0.3%+820,556NewHistory
BBDBank BradescoSP ADR PFD NEW2,804,565$14.4M0.3%+254,960+10.0%AddedHistory
MSFTMicrosoft CorpStock52,883$14.3M0.3%−3,926−6.9%ReducedHistory
Vanguard Consumer Discretionary ETF92204A108ETF44,426$13.9M0.3%+246+0.6%Added–
iShares Inc46434G772MSCI TAIWAN ETF213,728$13.7M0.3%+181,228+557.6%Added–
JDJD.com, Inc.SPON ADS CL A170,565$13.6M0.3%−5,770−3.3%ReducedHistory
AMZNAmazon Com IncStock3,878$13.3M0.3%−218−5.3%ReducedHistory
iShares Tr464287341GLOBAL ENERG ETF498,978$13.3M0.3%+498,978New–
CTVACorteva, Inc.Stock290,508$12.9M0.3%−39,628−12.0%ReducedHistory
iShares Core U.S. Aggregate Bond ETF464287226ETF108,309$12.5M0.3%+108,309New–
YUMCYum China Holdings, Inc.COM188,207$12.5M0.3%−20,001−9.6%ReducedHistory
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD1,996,581$12.0M0.3%00.0%UnchangedHistory
IFFInternational Flavors & Fragrances IncCOM76,920$11.5M0.3%+5,953+8.4%AddedHistory
COPConocoPhillipsStock188,582$11.5M0.3%−50,161−21.0%ReducedHistory
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD128,591$10.6M0.2%−1,195,142−90.3%Reduced–
iShares Tr46429B7470-5 YR TIPS ETF98,023$10.4M0.2%+14,697+17.6%Added–
XOMExxonMobil Holdings CorpCOM161,918$10.2M0.2%+39,087+31.8%AddedHistory
FMXMexican Economic Development IncSPON ADR UNITS118,905$10.0M0.2%00.0%UnchangedHistory
EOGEOG Resources IncStock117,892$9.84M0.2%−14,639−11.0%ReducedHistory
WFRDWeatherford International plcORD SHS537,900$9.79M0.2%+537,900NewHistory
NTESNetEase, Inc.SPONSORED ADS83,719$9.65M0.2%−12,544−13.0%ReducedHistory
MOSMosaic CoCOM290,216$9.26M0.2%+178,962+160.9%AddedHistory
iShares Tr46429B291A RATE CP BD ETF157,880$8.97M0.2%+18,255+13.1%Added–
EDUNew Oriental Education & Technology Group Inc.SPON ADR1,094,142$8.96M0.2%−1,759,968−61.7%ReducedHistory
METAMeta Platforms, Inc.Stock25,524$8.88M0.2%+7,228+39.5%AddedHistory
DARDarling Ingredients Inc.COM126,584$8.54M0.2%−11,331−8.2%ReducedHistory
Iclick Interactive Asia Grou45113Y104SPONSORED ADR770,839$8.51M0.2%−724,206−48.4%Reduced–
YSGYatsen Holding LtdADS908,021$8.51M0.2%−536,879−37.2%ReducedHistory
TALTAL Education GroupSPONSORED ADS335,660$8.47M0.2%−308,921−47.9%ReducedHistory
SHWSherwin Williams CoCOM30,239$8.24M0.2%−469−1.5%ReducedConverted for a 3-for-1 splitHistory
Blackstone Mtg Tr Inc09257WAC4NOTE 4.750% 3/1–$8.22M0.2%–New–
HESHess CorpStock94,065$8.21M0.2%−955−1.0%ReducedHistory
CFCF Industries Holdings, Inc.COM154,028$7.92M0.2%+83,713+119.1%AddedHistory
LILi Auto Inc.SPONSORED ADS226,267$7.91M0.2%−1,696,144−88.2%ReducedHistory
DEDeere & CoStock22,395$7.90M0.2%+3,501+18.5%AddedHistory
APDAir Products & Chemicals, Inc.Stock27,331$7.86M0.2%+4,352+18.9%AddedHistory
VLOValero Energy CorpStock98,766$7.71M0.2%−1,310−1.3%ReducedHistory
DOWDow Inc.Stock119,008$7.53M0.2%−30,190−20.2%ReducedHistory
PPGPPG Industries IncStock43,556$7.39M0.2%−662−1.5%ReducedHistory
iShares Tr46435G425ESG AWR MSCI USA74,185$7.30M0.2%+74,185New–
PBR.APetrobras - Petroleo Brasileiro SASP ADR NON VTG613,514$7.25M0.2%+169,071+38.0%AddedHistory
AONAon plcCL A30,238$7.22M0.2%+2,223+7.9%AddedHistory
VALEVale S.A.SPONSORED ADS310,475$7.08M0.2%+188,316+154.2%AddedHistory
UNHUnitedHealth Group IncStock17,676$7.08M0.2%−502−2.8%ReducedHistory
TVGrupo Televisa, S.A.B.SPON ADR REP ORD464,359$6.63M0.2%00.0%UnchangedHistory
Natura &CO Hldg S A63884N108ADS288,982$6.56M0.2%00.0%Unchanged–
BIDUBaidu, Inc.ADR31,185$6.36M0.1%−347,347−91.8%ReducedHistory
VMCVulcan Materials COCOM35,748$6.22M0.1%+5,275+17.3%AddedHistory
SICSelect Interior Concepts, Inc.CL A657,433$6.18M0.1%+657,433NewHistory
iShares Inc464286871MSCI HONG KG ETF221,739$5.92M0.1%−36,411−14.1%Reduced–
LYBLyondellBasell Industries N.V.SHS - A -56,876$5.85M0.1%−12,833−18.4%ReducedHistory

Sold out since Q1 2021 (102)

Positions held at the end of Q1 2021 that are gone from this filing.

The largest 100 of 102 by value last quarter.

Positions of Barings LLC sold out since Q1 2021
SecurityClassShares in Q1 2021Value in Q1 2021% of portfolio in Q1 2021History
iShares Russell 2000 ETF464287655ETF147,775$32.6M0.8%–
TRPTC Energy CorpCOM404,236$18.5M0.5%History
EPDEnterprise Products Partners L.P.Stock780,518$17.2M0.4%History
ENBEnbridge IncStock462,450$16.8M0.4%History
ETEnergy Transfer LPCOM UT LTD PTN2,041,561$15.7M0.4%History
WESWestern Midstream Partners, LPCOM UNIT LP INT691,660$12.9M0.3%History
ALBAlbemarle CorpStock76,041$11.1M0.3%History
Cloopen Group Holding Limite18900M104ADS777,553$10.7M0.3%–
MPLXMPLX LPCOM UNIT REP LTD357,794$9.17M0.2%History
PSXPPhillips 66 Partners LPCOM UNIT REP INT203,054$6.43M0.2%History
KMIKinder Morgan, Inc.Stock380,191$6.33M0.2%History
CQPCheniere Energy Partners, L.P.COM UNIT135,971$5.65M0.1%History
Vanguard Morningstar Small-Cap ETF922908751ETF23,359$5.00M0.1%–
WMBWilliams Companies, Inc.COM184,780$4.38M0.1%History
PAAPlains All American Pipeline LPUNIT LTD PARTN447,309$4.07M0.1%History
iShares Tr464288182MSCI AC ASIA ETF42,136$3.90M0.1%–
CTRACoterra Energy Inc.Stock194,613$3.65M0.1%History
MMPMagellan Midstream Partners, L.P.COM UNIT RP LP76,752$3.33M0.1%History
VIVTelefonica Brasil S.A.SPONSORED ADS359,726$2.83M0.1%History
SHLXShell Midstream Partners, L.P.UNIT LTD INT206,542$2.75M0.1%History
BHPBHP Group LtdADR39,214$2.72M0.1%History
Enable Midstream Partners, LP292480100COM UNIT RP IN306,535$1.99M<0.1%–
TRGPTarga Resources Corp.COM61,196$1.94M<0.1%History
CBRECbre Group, Inc.CL A23,845$1.89M<0.1%History
HEPHolly Energy Partners LPCOM UT LTD PTN94,108$1.80M<0.1%History
Noble Midstream Partners LP65506L105COM UNIT REPST93,625$1.36M<0.1%–
RIORio Tinto PLCADR16,701$1.30M<0.1%History
PKXPosco Holdings Inc.SPONSORED ADR15,013$1.08M<0.1%History
LNGCheniere Energy, Inc.COM NEW13,770$992.0K<0.1%History
DCPDCP Midstream, LPCOM UT LTD PTN45,540$986.0K<0.1%History
ACAArcosa, Inc.COM13,403$872.0K<0.1%History
SMLPSummit Midstream Partners, LPCOM UNIT LTD35,590$839.0K<0.1%History
JLLJones Lang Lasalle IncCOM4,610$825.0K<0.1%History
PLDPrologis, Inc.REIT7,643$810.0K<0.1%History
BSXBoston Scientific CorpStock19,983$772.0K<0.1%History
BIPCBrookfield Infrastructure CorpCOM SB VTG SHS A9,800$748.0K<0.1%History
SLBSLB LimitedStock27,092$737.0K<0.1%History
SBSWSibanye Stillwater LtdSPONSORED ADR41,067$733.0K<0.1%History
CNXCConcentrix CorpStock4,510$675.0K<0.1%History
OKEONEOK IncCOM13,117$665.0K<0.1%History
AMTAmerican Tower CorpREIT2,662$636.0K<0.1%History
AEMAgnico Eagle Mines LtdStock11,002$636.0K<0.1%History
PNCPNC Financial Services Group, Inc.Stock3,582$628.0K<0.1%History
Banco Santander Mexico SA05969B103SPONSORED ADS B109,445$602.0K<0.1%–
Kirkland Lake Gold Ltd49741E100COM17,409$588.0K<0.1%–
PHParker-Hannifin CorpStock1,790$565.0K<0.1%History
GLWCorning IncCOM12,585$547.0K<0.1%History
CHXChampionX CorpCOM25,160$547.0K<0.1%History
PENNPENN Entertainment, Inc.COM5,200$545.0K<0.1%History
STLDSteel Dynamics IncCOM10,695$543.0K<0.1%History
iShares Core MSCI Emerging Markets ETF46434G103ETF8,026$517.0K<0.1%–
AGIAlamos Gold IncStock58,712$459.0K<0.1%History
ITWIllinois Tool Works IncStock2,059$456.0K<0.1%History
GFIGold Fields LtdSPONSORED ADR47,879$454.0K<0.1%History
APHAmphenol CorpCL A6,864$453.0K<0.1%History
PXDPioneer Natural Resources CoCOM2,762$439.0K<0.1%History
GPCGenuine Parts CoStock3,404$393.0K<0.1%History
PAYXPaychex IncStock3,950$387.0K<0.1%History
MTDMettler Toledo International IncCOM334$386.0K<0.1%History
KLACKLA CorpCOM NEW1,164$385.0K<0.1%History
LEALear CorpCOM NEW2,083$378.0K<0.1%History
ZBRAZebra Technologies CorpCL A764$371.0K<0.1%History
DKLDelek Logistics Partners, LPCOM UNT RP INT10,072$362.0K<0.1%History
SBACSba Communications CorpCL A1,274$353.0K<0.1%History
BRKRBruker CorpCOM5,099$328.0K<0.1%History
NVTnVent Electric plcSHS11,500$321.0K<0.1%History
AUAngloGold Ashanti PLCSPONSORED ADR14,427$317.0K<0.1%History
FCXFreeport-McMoran IncStock9,088$300.0K<0.1%History
CGNXCognex CorpCOM3,591$298.0K<0.1%History
Varian Med Sys Inc92220P105COM1,677$296.0K<0.1%–
FASTFastenal CoStock5,235$263.0K<0.1%History
VFCV F CorpStock3,288$262.0K<0.1%History
TRMBTrimble Inc.COM3,369$262.0K<0.1%History
BCBrunswick CorpCOM2,729$260.0K<0.1%History
CMSCMS Energy CorpCOM4,146$254.0K<0.1%History
SWKSSkyworks Solutions, Inc.Stock1,381$253.0K<0.1%History
DRDDrdgold LtdSPON ADR REPSTG26,728$253.0K<0.1%History
DTEDte Energy CoCOM1,893$252.0K<0.1%History
IPInternational Paper CoCOM4,609$249.0K<0.1%History
ETRNMidstream Co LLCCOM30,330$247.0K<0.1%History
AMPAmeriprise Financial IncCOM1,058$246.0K<0.1%History
URIUnited Rentals, Inc.COM745$245.0K<0.1%History
ARNCArconic CorpCOM9,591$244.0K<0.1%History
IAAIAA, Inc.COM4,400$243.0K<0.1%History
SPGIS&P Global Inc.Stock681$240.0K<0.1%History
CCICrown Castle Inc.REIT1,395$240.0K<0.1%History
BHFBrighthouse Financial, Inc.COM5,400$239.0K<0.1%History
WHWyndham Hotels & Resorts, Inc.COM3,400$237.0K<0.1%History
SVMSilvercorp Metals IncCOM46,504$228.0K<0.1%History
VOYAVoya Financial, Inc.COM3,584$228.0K<0.1%History
THOThor Industries IncCOM1,669$225.0K<0.1%History
MCHPMicrochip Technology IncStock1,418$220.0K<0.1%History
FTVFortive CorpStock3,100$219.0K<0.1%History
IPGPIpg Photonics CorpCOM1,008$213.0K<0.1%History
PKPark Hotels & Resorts Inc.COM9,700$209.0K<0.1%History
WEXWEX Inc.COM996$208.0K<0.1%History
MXIMMaxim Integrated Products IncCOM2,191$200.0K<0.1%History
JILLJ.Jill, Inc.COM17,591$172.0K<0.1%History
LILALiberty Latin America Ltd.COM CL A13,400$172.0K<0.1%History
BTGB2GOLD CorpCOM38,059$164.0K<0.1%History