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Barings LLC

SEC CIK
0000009015
Latest filing
Aug 7, 2026

Holdings in Q4 2021

Holdings as of Dec 31, 2021, filed Feb 10, 2022. Long positions only; changes compare share counts with Q3 2021.

Institution overview
Positions
371
−6 vs. Q3 2021
Portfolio value
$3.88B
−$508.8M (−11.6%) vs. Q3 2021
Filed
Feb 10, 2022
AmendedSEC
Holdings of Barings LLC in Q4 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Core S&P 500 ETF464287200ETF1,718,273$819.6M21.1%+82,643+5.1%Added–
iShares Russell 2000 Growth ETF464287648ETF1,302,150$381.6M9.8%+206,150+18.8%Added–
Invesco QQQ Trust Series I46090E103ETF933,820$371.5M9.6%+38,820+4.3%Added–
BBDCBarings BDC, Inc.COM13,639,681$150.3M3.9%00.0%UnchangedHistory
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF935,874$124.0M3.2%−2,220,000−70.3%Reduced–
NBISNebius Group N.V.Stock1,510,339$91.4M2.4%+115,275+8.3%AddedHistory
BABAAlibaba Group Holding LtdADR678,604$80.6M2.1%−141,046−17.2%ReducedHistory
Vanguard Dividend Appreciation ETF921908844ETF360,890$62.0M1.6%−95,423−20.9%Reduced–
SESea LtdSPONSORD ADS264,055$59.1M1.5%+21,118+8.7%AddedHistory
DISH Network CORP25470MAB5NOTE 3.375% 8/1–$54.7M1.4%–––
iShares Tr46429B655FLTG RATE NT ETF1,031,000$52.3M1.3%00.0%Unchanged–
iShares S&P 500 Growth ETF464287309ETF601,002$50.3M1.3%+552,368+1,135.8%Added–
SUSuncor Energy IncStock2,002,545$50.1M1.3%+179,558+9.8%AddedHistory
iShares S&P 500 Value ETF464287408ETF315,094$49.4M1.3%+167,738+113.8%Added–
iShares MSCI USA Quality Factor ETF46432F339ETF337,968$49.2M1.3%−345,223−50.5%Reduced–
iShares Tr46435G425ESG AWR MSCI USA402,093$43.4M1.1%+26,315+7.0%Added–
Vanguard Information Technology ETF92204A702ETF93,505$42.8M1.1%+31,920+51.8%Added–
Two HBRS Invt Corp90187BAA9NOTE 6.250% 1/1–$38.5M1.0%–––
State Street SPDR Bloomberg Convertible Securities ETF78464A359ETF414,423$34.4M0.9%+128,632+45.0%Added–
NTRNutrien Ltd.COM448,478$33.7M0.9%−11,202−2.4%ReducedHistory
XPEVXpeng Inc.ADS629,232$31.7M0.8%00.0%UnchangedHistory
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A1,044,159$29.5M0.8%+1,034,069+10,248.5%AddedHistory
NIONIO Inc.ADR867,936$27.5M0.7%+258,810+42.5%AddedHistory
Vanguard Morningstar Value ETF922908744ETF169,426$24.9M0.6%+44,969+36.1%Added–
GRABGrab Holdings LtdCLASS A ORD3,246,556$23.1M0.6%+3,246,556NewHistory
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 163,267$23.0M0.6%+63,267NewHistory
iShares Tr46432F388MSCI USA VALUE206,087$22.6M0.6%+206,087New–
Colony Cap Inc19624RAA4NOTE 5.000% 4/1–$22.2M0.6%–––
TCPCBlackRock TCP Capital Corp.COM1,603,372$21.7M0.6%00.0%UnchangedHistory
iShares Inc46434G822MSCI JAPAN ETF315,914$21.2M0.5%+47,306+17.6%Added–
iShares Tr4642874407-10 YR TRSY BD173,999$20.0M0.5%+31,544+22.1%Added–
LINLinde PLCSHS52,720$18.3M0.5%−598−1.1%ReducedHistory
TPG Specialty Lending Inc87265KAD4NOTE 4.500% 8/0–$17.9M0.5%–––
iShares Tr46435G102CONV BD ETF199,996$17.8M0.5%+83,313+71.4%Added–
Pennymac Corp70932AAD5NOTE 5.500%11/0–$17.2M0.4%–––
GDSGDS Holdings LtdSPONSORED ADS362,934$17.1M0.4%−231,238−38.9%ReducedHistory
New York Mtg Tr Inc649604AD7NOTE 6.250% 1/1–$17.0M0.4%–––
iShares Tips Bond ETF464287176ETF126,875$16.4M0.4%00.0%Unchanged–
ZHZhihu Inc.ADS2,916,601$16.2M0.4%−24,089−0.8%ReducedHistory
MSFTMicrosoft CorpStock47,931$16.1M0.4%−3,379−6.6%ReducedHistory
Mfa Finl Inc55272XAA0NOTE 6.250% 6/1–$15.6M0.4%–––
Avaya Hldgs Corp05351XAB7NOTE 2.250% 6/1–$15.5M0.4%–––
iShares Tr464288513IBOXX HI YD ETF176,332$15.3M0.4%+176,332New–
iShares Tr464287861EUROPE ETF277,731$15.1M0.4%−245,175−46.9%Reduced–
AAPLApple Inc.Stock84,555$15.0M0.4%−11,067−11.6%ReducedHistory
WFRDWeatherford International plcORD SHS537,900$14.9M0.4%00.0%UnchangedHistory
iShares Semiconductor ETF464287523ETF25,308$13.7M0.4%−4,814−16.0%Reduced–
PDDPDD Holdings Inc.SPONSORED ADS229,320$13.4M0.3%−372,412−61.9%ReducedHistory
CTVACorteva, Inc.Stock278,368$13.2M0.3%−2,754−1.0%ReducedHistory
iShares Core U.S. Aggregate Bond ETF464287226ETF108,309$12.4M0.3%00.0%Unchanged–
JDJD.com, Inc.SPON ADS CL A162,043$11.4M0.3%−20,344−11.2%ReducedHistory
COPConocoPhillipsStock156,816$11.3M0.3%−501−0.3%ReducedHistory
YUMCYum China Holdings, Inc.COM225,596$11.2M0.3%−171,277−43.2%ReducedHistory
AMZNAmazon Com IncStock3,328$11.1M0.3%−133−3.8%ReducedHistory
IFFInternational Flavors & Fragrances IncCOM73,263$11.0M0.3%−2,418−3.2%ReducedHistory
XOMExxonMobil Holdings CorpCOM175,606$10.7M0.3%+1,318+0.8%AddedHistory
iShares Tr46429B7470-5 YR TIPS ETF98,023$10.4M0.3%00.0%Unchanged–
CFCF Industries Holdings, Inc.COM145,650$10.3M0.3%−14,590−9.1%ReducedHistory
TDCX Inc87190U100ADS529,538$10.1M0.3%+529,538New–
Vanguard Financials ETF92204A405ETF103,605$10.0M0.3%−68,843−39.9%Reduced–
NTESNetEase, Inc.SPONSORED ADS94,267$9.59M0.2%+3,459+3.8%AddedHistory
BBDBank BradescoSP ADR PFD NEW2,804,565$9.59M0.2%00.0%UnchangedHistory
iShares Tr464288646ISHS 1-5YR INVS176,800$9.53M0.2%−7,302,400−97.6%Reduced–
iShares Tr464287515EXPANDED TECH23,670$9.41M0.2%−2,917−11.0%Reduced–
EOGEOG Resources IncStock105,481$9.37M0.2%+4,184+4.1%AddedHistory
DARDarling Ingredients Inc.COM134,044$9.29M0.2%+11,648+9.5%AddedHistory
VALEVale S.A.SPONSORED ADS632,172$8.86M0.2%+373,450+144.3%AddedHistory
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD2,226,342$8.35M0.2%+229,761+11.5%AddedHistory
APDAir Products & Chemicals, Inc.Stock26,902$8.19M0.2%−126−0.5%ReducedHistory
Blackstone Mtg Tr Inc09257WAC4NOTE 4.750% 3/1–$8.18M0.2%–––
LILi Auto Inc.SPONSORED ADS252,429$8.10M0.2%+138,067+120.7%AddedHistory
UNHUnitedHealth Group IncStock15,784$7.93M0.2%−2,560−14.0%ReducedHistory
AUAngloGold Ashanti PLCSPONSORED ADR357,047$7.49M0.2%+357,047NewHistory
VLOValero Energy CorpStock98,848$7.42M0.2%+82+0.1%AddedHistory
FMXMexican Economic Development IncSPON ADR UNITS95,503$7.42M0.2%−23,402−19.7%ReducedHistory
METAMeta Platforms, Inc.Stock21,966$7.39M0.2%−87−0.4%ReducedHistory
VMCVulcan Materials COCOM35,426$7.35M0.2%00.0%UnchangedHistory
HESHess CorpStock94,065$6.96M0.2%00.0%UnchangedHistory
DOWDow Inc.Stock119,098$6.75M0.2%+90+0.1%AddedHistory
ECLEcolab Inc.Stock28,767$6.75M0.2%−138−0.5%ReducedHistory
EOSEEos Energy Enterprises, Inc.COM CL A875,769$6.59M0.2%00.0%UnchangedHistory
PPGPPG Industries IncStock37,862$6.53M0.2%+58+0.2%AddedHistory
BILIBilibili Inc.SPONS ADS REP Z139,776$6.49M0.2%00.0%UnchangedHistory
FNFabrinetSHS52,495$6.22M0.2%+12,733+32.0%AddedHistory
PBR.APetrobras - Petroleo Brasileiro SASP ADR NON VTG613,514$6.20M0.2%00.0%UnchangedHistory
DEDeere & CoStock17,601$6.04M0.2%−3,314−15.8%ReducedHistory
Mobile Telesystems PJSC607409109SPONSORED ADR742,745$5.91M0.2%−1,645,875−68.9%Reduced–
Arbor Realty Trust Inc038923AP3NOTE 4.750%11/0–$5.58M0.1%–––
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD68,409$5.56M0.1%−32,621−32.3%Reduced–
First Tr Exch Traded FD III33739E108PFD SECS INC ETF269,073$5.47M0.1%00.0%Unchanged–
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF47,466$5.24M0.1%00.0%Unchanged–
iShares Inc464286251JP MRG EM CRP BD102,520$5.23M0.1%00.0%Unchanged–
iShares Inc464286871MSCI HONG KG ETF221,739$5.14M0.1%00.0%Unchanged–
AONAon plcCL A16,849$5.06M0.1%−3,750−18.2%ReducedHistory
NVDANVIDIA CorpStock15,989$4.70M0.1%+837+5.5%AddedHistory
CIBGrupo Cibest S.A.SPON ADR PREF146,305$4.62M0.1%00.0%UnchangedHistory
BGBunge Global SACOM49,037$4.58M0.1%−4,602−8.6%ReducedHistory
iShares Esg Aware US Aggregate Bond ETF46435U549ETF79,894$4.41M0.1%+23,914+42.7%Added–
GOOGLAlphabet Inc.Stock1,513$4.38M0.1%−110−6.8%ReducedHistory
JPMJPMorgan Chase & CoStock27,498$4.35M0.1%+2,652+10.7%AddedHistory

Sold out since Q3 2021 (40)

Positions held at the end of Q3 2021 that are gone from this filing.

Positions of Barings LLC sold out since Q3 2021
SecurityClassShares in Q3 2021Value in Q3 2021% of portfolio in Q3 2021History
iShares Tr464287788U.S. FINLS ETF120,298$9.93M0.2%–
HTHTH World Group LtdSPONSORED ADS174,699$8.01M0.2%History
iShares MSCI India ETF46429B598ETF116,253$5.66M0.1%–
iShares Future AI & Tech ETF46435U556ETF123,405$5.23M0.1%–
iShares Inc464286517JP MORGAN EM ETF92,473$3.92M0.1%–
iShares Tr46435U713US INFRASTRUC113,464$3.87M0.1%–
iShares Inc464286319EM MKTS DIV ETF71,219$2.77M0.1%–
iShares Tr464288281JPMORGAN USD EMG16,186$1.78M<0.1%–
iShares Tr464288257MSCI ACWI ETF9,968$996.0K<0.1%–
VanEck ETF Trust92189H300JP MRGAN EM LOC30,240$906.0K<0.1%–
AFIBAcutus Medical, Inc.COM100,984$893.0K<0.1%History
MOAltria Group, Inc.Stock11,994$546.0K<0.1%History
SPLKSplunk IncCOM3,343$483.0K<0.1%History
MELIMercadolibre IncCOM269$452.0K<0.1%History
GDGeneral Dynamics CorpStock2,039$400.0K<0.1%History
KRKroger CoStock9,148$370.0K<0.1%History
STXSeagate Technology Holdings plcORD SHS4,317$356.0K<0.1%History
UHALU-Haul Holding CoCOM546$353.0K<0.1%History
BABoeing CoStock1,567$344.0K<0.1%History
ONCBeOne Medicines Ltd.ADR924$335.0K<0.1%History
CAHCardinal Health IncStock6,757$334.0K<0.1%History
CICigna GroupStock1,654$331.0K<0.1%History
HEI.AHeico CorpCL A2,549$302.0K<0.1%History
VEEVVeeva Systems IncStock1,024$295.0K<0.1%History
TCOMTrip.com Group LtdADS9,531$293.0K<0.1%History
BENFranklin Templeton IncCOM9,753$290.0K<0.1%History
PAYCPaycom Software, Inc.Stock579$287.0K<0.1%History
BROBrown & Brown, Inc.Stock4,778$265.0K<0.1%History
STESTERIS plcSHS USD1,239$253.0K<0.1%History
DXCMDexcom IncCOM462$252.0K<0.1%History
VOYAVoya Financial, Inc.COM4,049$248.0K<0.1%History
TWTRTwitter, Inc.COM4,100$247.0K<0.1%History
GWREGuidewire Software, Inc.COM2,020$240.0K<0.1%History
RNGRingCentral, Inc.CL A1,093$238.0K<0.1%History
DAYDayforce, Inc.COM1,865$210.0K<0.1%History
AVLRAvalara, Inc.COM1,170$204.0K<0.1%History
NUANNuance Communications, Inc.COM3,678$202.0K<0.1%History
State Street Technology Select Sector SPDR ETF81369Y803ETF971$145.0K<0.1%–
NLYAnnaly Capital Management IncCOM16,906$142.0K<0.1%History
State Street Financial Select Sector SPDR ETF81369Y605ETF3,515$132.0K<0.1%–