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Livermore
Livermore
ZHEN

Barings LLC

SEC CIK
0000009015
Latest filing
Aug 7, 2026

Holdings in Q3 2022

Holdings as of Sep 30, 2022, filed Nov 14, 2022. Long positions only; changes compare share counts with Q2 2022.

Institution overview
Positions
187
−134 vs. Q2 2022
Portfolio value
$2.51B
−$258.6M (−9.3%) vs. Q2 2022
Filed
Nov 14, 2022
SEC
Holdings of Barings LLC in Q3 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Core S&P 500 ETF464287200ETF1,728,983$620.1M24.7%+128,649+8.0%Added–
iShares Russell 2000 Growth ETF464287648ETF1,358,550$280.7M11.2%−32,900−2.4%Reduced–
Invesco QQQ Trust Series I46090E103ETF1,042,920$278.7M11.1%+35,879+3.6%Added–
BBDCBarings BDC, Inc.COM13,639,681$112.8M4.5%00.0%UnchangedHistory
iShares Tr46429B655FLTG RATE NT ETF1,543,984$77.6M3.1%+88,998+6.1%Added–
Vanguard Dividend Appreciation ETF921908844ETF453,267$61.3M2.4%+176,261+63.6%Added–
iShares MSCI USA Quality Factor ETF46432F339ETF560,630$58.3M2.3%+506,734+940.2%Added–
iShares Core High Dividend ETF46429B663ETF626,119$57.2M2.3%−226,516−26.6%Reduced–
DISH Network CORP25470MAB5NOTE 3.375% 8/1–$39.6M1.6%–––
iShares Core U.S. Aggregate Bond ETF464287226ETF348,311$33.6M1.3%00.0%Unchanged–
NTRNutrien Ltd.COM380,908$31.8M1.3%+177,654+87.4%AddedHistory
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A1,043,103$25.1M1.0%00.0%UnchangedHistory
YUMCYum China Holdings, Inc.COM528,337$25.0M1.0%+25,813+5.1%AddedHistory
SESea LtdSPONSORD ADS433,075$24.3M1.0%+3,608+0.8%AddedHistory
SUSuncor Energy IncStock828,202$23.3M0.9%+70,469+9.3%AddedHistory
Colony Cap Inc19624RAA4NOTE 5.000% 4/1–$21.2M0.8%–––
iShares Tr4642874407-10 YR TRSY BD217,207$20.9M0.8%+203,742+1,513.1%Added–
CTVACorteva, Inc.Stock357,895$20.5M0.8%+28,978+8.8%AddedHistory
iShares Tr4642874571 3 YR TREAS BD239,657$19.5M0.8%00.0%Unchanged–
XOMExxonMobil Holdings CorpCOM216,612$18.9M0.8%−28,350−11.6%ReducedHistory
DEDeere & CoStock56,540$18.9M0.8%−813−1.4%ReducedHistory
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF160,950$17.7M0.7%+15,351+10.5%Added–
TCPCBlackRock TCP Capital Corp.COM1,603,372$17.5M0.7%00.0%UnchangedHistory
Garrett Motion Inc.366505204COMM2,356,300$16.8M0.7%+2,356,300New–
COPConocoPhillipsStock160,201$16.4M0.7%−6,116−3.7%ReducedHistory
Pennymac Corp70932AAD5NOTE 5.500%11/0–$15.7M0.6%–––
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF152,160$15.6M0.6%+78,260+105.9%Added–
CFCF Industries Holdings, Inc.COM156,623$15.1M0.6%+84,769+118.0%AddedHistory
GPREGreen Plains Inc.COM487,616$14.2M0.6%+487,616NewHistory
LINLinde PLCSHS51,352$13.8M0.6%−3,466−6.3%ReducedHistory
Mfa Finl Inc55272XAA0NOTE 6.250% 6/1–$13.5M0.5%–––
Vanguard Total World Stock ETF922042742ETF169,560$13.4M0.5%00.0%Unchanged–
iShares Inc464286392MSCI WORLD ETF133,414$13.3M0.5%+133,414New–
DARDarling Ingredients Inc.COM195,982$13.0M0.5%+21,612+12.4%AddedHistory
BBDBank BradescoSP ADR PFD NEW3,428,338$12.6M0.5%00.0%UnchangedHistory
MOSMosaic CoCOM250,710$12.1M0.5%+43,899+21.2%AddedHistory
iShares Tr464287325GLOB HLTHCRE ETF149,534$11.3M0.4%00.0%Unchanged–
Vanguard Information Technology ETF92204A702ETF36,545$11.2M0.4%+2,266+6.6%Added–
EOGEOG Resources IncStock97,586$10.9M0.4%−3,980−3.9%ReducedHistory
CVXChevron CorpStock74,567$10.7M0.4%+973+1.3%AddedHistory
TSCOTractor Supply CoCOM54,082$10.1M0.4%+30,875+133.0%AddedHistory
HESHess CorpStock89,300$9.73M0.4%−2,472−2.7%ReducedHistory
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD1,869,780$9.67M0.4%00.0%UnchangedHistory
iShares Inc464286608MSCI EURZONE ETF301,925$9.66M0.4%+301,925New–
SQMChemical & Mining Co of Chile IncSPON ADR SER B101,478$9.21M0.4%−44,957−30.7%ReducedHistory
GRABGrab Holdings LtdCLASS A ORD3,334,427$8.77M0.3%+11,251+0.3%AddedHistory
iShares S&P 500 Growth ETF464287309ETF149,227$8.63M0.3%+149,227New–
iShares Tr464287762US HLTHCARE ETF33,473$8.47M0.3%+21,736+185.2%Added–
AJRDAerojet Rocketdyne Holdings, Inc.COM201,341$8.05M0.3%00.0%UnchangedHistory
BGBunge Global SACOM96,386$7.96M0.3%+16,015+19.9%AddedHistory
iShares Tr464287515EXPANDED TECH31,546$7.89M0.3%−5,916−15.8%Reduced–
ADMArcher-Daniels-Midland CoStock96,852$7.79M0.3%+20,447+26.8%AddedHistory
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD104,407$7.75M0.3%+55,286+112.6%Added–
VLOValero Energy CorpStock68,870$7.36M0.3%−3,030−4.2%ReducedHistory
Avaya Hldgs Corp05351XAB7NOTE 2.250% 6/1–$7.35M0.3%–––
VALEVale S.A.SPONSORED ADS546,831$7.28M0.3%−101,521−15.7%ReducedHistory
FMXMexican Economic Development IncSPON ADR UNITS113,252$7.11M0.3%00.0%UnchangedHistory
iShares Esg Aware US Aggregate Bond ETF46435U549ETF145,893$6.78M0.3%+34,451+30.9%Added–
APDAir Products & Chemicals, Inc.Stock28,072$6.53M0.3%−1,173−4.0%ReducedHistory
AGCOAGCO CorpCOM65,407$6.29M0.3%+1,381+2.2%AddedHistory
MSFTMicrosoft CorpStock26,920$6.27M0.2%−16,479−38.0%ReducedHistory
iShares Inc464286871MSCI HONG KG ETF329,314$6.01M0.2%−18,600−5.3%Reduced–
Blackstone Mtg Tr Inc09257WAC4NOTE 4.750% 3/1–$5.93M0.2%–––
PBR.APetrobras - Petroleo Brasileiro SASP ADR NON VTG523,923$5.80M0.2%00.0%UnchangedHistory
ALBAlbemarle CorpStock21,594$5.71M0.2%−7,703−26.3%ReducedHistory
iShares Tr464287796U.S. ENERGY ETF142,576$5.61M0.2%−48,537−25.4%Reduced–
DOWDow Inc.Stock126,051$5.54M0.2%00.0%UnchangedHistory
SHWSherwin Williams CoCOM27,021$5.53M0.2%+27,021NewHistory
iShares Tr46434V4070-5YR HI YL CP137,505$5.49M0.2%−220,863−61.6%Reduced–
AMCRAmcor plcORD507,256$5.44M0.2%−24,708−4.6%ReducedHistory
Arbor Realty Trust Inc038923AP3NOTE 4.750%11/0–$5.06M0.2%–––
AUAngloGold Ashanti PLCSPONSORED ADR353,478$4.88M0.2%00.0%UnchangedHistory
Royal Caribbean Group780153BB7NOTE 4.250% 6/1–$4.88M0.2%–New–
LILi Auto Inc.SPONSORED ADS199,120$4.58M0.2%00.0%UnchangedHistory
First Tr Exch Traded FD III33739E108PFD SECS INC ETF269,073$4.49M0.2%00.0%Unchanged–
iShares Inc464286251JP MRG EM CRP BD102,520$4.24M0.2%00.0%Unchanged–
CNHCNH Industrial N.V.SHS370,396$4.14M0.2%+242,567+189.8%AddedHistory
TDCX Inc87190U100ADS437,921$4.10M0.2%−288,842−39.7%Reduced–
CIBGrupo Cibest S.A.SPON ADR PREF166,457$4.06M0.2%+19,841+13.5%AddedHistory
iShares Core MSCI Europe ETF46434V738ETF101,448$4.01M0.2%+101,448New–
AONAon plcCL A14,823$3.97M0.2%−242−1.6%ReducedHistory
AMZNAmazon Com IncStock34,286$3.88M0.2%−14,008−29.0%ReducedHistory
iShares Tr464288646ISHS 1-5YR INVS76,800$3.79M0.2%00.0%Unchanged–
UNHUnitedHealth Group IncStock7,133$3.60M0.1%−4,495−38.7%ReducedHistory
ABEVAmbev S.A.SPONSORED ADR1,170,019$3.31M0.1%00.0%UnchangedHistory
FMCFMC CorpCOM NEW30,719$3.25M0.1%+11,823+62.6%AddedHistory
AAPLApple Inc.Stock21,956$3.03M0.1%−45,808−67.6%ReducedHistory
Global X FDS37954Y350X EMERGING MKT151,300$3.00M0.1%−21,000−12.2%Reduced–
iShares Tr464288182MSCI AC ASIA ETF50,884$2.98M0.1%−43,833−46.3%Reduced–
Vanguard Scottsdale FDS92206C706INTER TERM TREAS50,188$2.93M0.1%00.0%Unchanged–
Babson Cap Corporate Inv05617K109COM219,664$2.85M0.1%00.0%Unchanged–
VISTVista Energy, S.A.B. de C.V.SPONSORED ADS298,852$2.81M0.1%−24,574−7.6%ReducedHistory
IFFInternational Flavors & Fragrances IncCOM27,807$2.53M0.1%+2,228+8.7%AddedHistory
AXIAYAXIA Energia S.A.SPONSORED ADR311,496$2.50M0.1%+311,496NewHistory
PBRPetrobras - Petroleo Brasileiro SASPONSORED ADR201,176$2.48M0.1%00.0%UnchangedHistory
MCDMcDonalds CorpStock10,502$2.42M0.1%−3,715−26.1%ReducedHistory
FISFidelity National Information Services, Inc.Stock31,287$2.37M0.1%+133+0.4%AddedHistory
WPMWheaton Precious Metals Corp.COM71,758$2.32M0.1%00.0%UnchangedHistory
BLFSBiolife Solutions IncCOM NEW91,316$2.08M0.1%00.0%UnchangedHistory
iShares Tr464288257MSCI ACWI ETF26,472$2.06M0.1%−17,459−39.7%Reduced–

Sold out since Q2 2022 (146)

Positions held at the end of Q2 2022 that are gone from this filing.

The largest 100 of 146 by value last quarter.

Positions of Barings LLC sold out since Q2 2022
SecurityClassShares in Q2 2022Value in Q2 2022% of portfolio in Q2 2022History
iShares Tr46429B7470-5 YR TIPS ETF364,865$37.0M1.3%–
iShares Tips Bond ETF464287176ETF257,365$29.3M1.1%–
NIONIO Inc.ADR1,102,095$23.9M0.9%History
iShares Tr464288513IBOXX HI YD ETF275,585$20.3M0.7%–
iShares Tr46429B671MSCI CHINA ETF342,594$19.1M0.7%–
Vanguard Energy ETF92204A306ETF188,889$18.8M0.7%–
DBX ETF Tr233051879XTRACK HRVST CSI519,648$17.8M0.6%–
Green Plains Inc.393222AF1CONVERTIBLE BOND–$16.0M0.6%–
TPG Specialty Lending Inc87265KAD4NOTE 4.500% 8/0–$15.6M0.6%–
iShares S&P 500 Value ETF464287408ETF110,622$15.2M0.5%–
Ssga Active ETF Tr78467V608ST STR BL LN ETF191,771$7.99M0.3%–
iShares Tr46432F388MSCI USA VALUE77,703$7.03M0.3%–
Invesco Exchange Traded FD T46137V720LEISU ENTMT ETF180,511$6.55M0.2%–
iShares Semiconductor ETF464287523ETF18,711$6.54M0.2%–
iShares Tr46435G102CONV BD ETF77,910$5.40M0.2%–
PPGPPG Industries IncStock40,280$4.61M0.2%History
AVGOBroadcom Inc.Stock5,134$2.49M0.1%History
GDSGDS Holdings LtdSPONSORED ADS59,589$1.99M0.1%History
SPYSPDR S&P 500 ETF TrustETF4,348$1.64M0.1%History
INTCIntel CorpStock39,635$1.48M0.1%History
VZVerizon Communications IncStock29,125$1.48M0.1%History
PMPhilip Morris International Inc.Stock10,870$1.07M<0.1%History
AMDAdvanced Micro Devices IncStock13,618$1.04M<0.1%History
CMCSAComcast CorpStock25,449$999.0K<0.1%History
NXPINXP Semiconductors N.V.COM6,522$966.0K<0.1%History
UALUnited Airlines Holdings, Inc.COM25,572$906.0K<0.1%History
UNPUnion Pacific CorpStock4,075$869.0K<0.1%History
U.S. Global Jets ETF26922A842ETF51,457$849.0K<0.1%–
TAT&T Inc.Stock38,776$813.0K<0.1%History
KLACKLA CorpCOM NEW2,433$776.0K<0.1%History
DALDelta Air Lines, Inc.COM NEW26,221$759.0K<0.1%History
LUVSouthwest Airlines CoCOM20,759$750.0K<0.1%History
LRCXLam Research CorpCOM1,744$743.0K<0.1%History
BRK.BBerkshire Hathaway IncStock2,572$702.0K<0.1%History
AMATApplied Materials IncStock7,556$687.0K<0.1%History
ADIAnalog Devices IncStock4,695$686.0K<0.1%History
Invesco Exch Traded FD Tr II46138G508SR LN ETF33,755$684.0K<0.1%–
IBMInternational Business Machines CorpStock4,347$613.0K<0.1%History
RTXRTX CorpStock6,267$602.0K<0.1%History
GILDGilead Sciences, Inc.Stock9,743$602.0K<0.1%History
ASMLASML Holding NVADR1,229$584.0K<0.1%History
SYYSysco CorpStock6,838$579.0K<0.1%History
RYAAYRyanair Holdings PLCSPONSORED ADR8,585$577.0K<0.1%History
UPSUnited Parcel Service IncStock3,080$562.0K<0.1%History
MOAltria Group, Inc.Stock12,942$541.0K<0.1%History
WFCWells Fargo & CompanyStock13,652$535.0K<0.1%History
SPGIS&P Global Inc.Stock1,559$526.0K<0.1%History
AMTAmerican Tower CorpREIT2,044$523.0K<0.1%History
MRVLMarvell Technology, Inc.COM11,820$515.0K<0.1%History
BMYBristol Myers Squibb CoStock6,584$507.0K<0.1%History
VRTXVertex Pharmaceuticals IncStock1,723$486.0K<0.1%History
ASYSAmtech Systems IncCOM PAR $0.01N65,000$475.0K<0.1%History
EXPEExpedia Group, Inc.Stock4,853$460.0K<0.1%History
ISRGIntuitive Surgical IncCOM NEW2,272$456.0K<0.1%History
CVSCVS Health CorpStock4,758$441.0K<0.1%History
EWEdwards Lifesciences CorpStock4,631$440.0K<0.1%History
MPWRMonolithic Power Systems, Inc.COM1,134$435.0K<0.1%History
TSMTaiwan Semiconductor Manufacturing Co LtdADR5,220$426.0K<0.1%History
HONHoneywell International IncCOM2,431$423.0K<0.1%History
MCHPMicrochip Technology IncStock7,276$422.0K<0.1%History
FOXAFox CorpCL A COM12,271$394.0K<0.1%History
MMYTMakeMyTrip LtdStock15,263$392.0K<0.1%History
AXPAmerican Express CoStock2,818$391.0K<0.1%History
WMBWilliams Companies, Inc.COM12,242$382.0K<0.1%History
MARMarriott International IncStock2,796$380.0K<0.1%History
ELEstee Lauder Companies IncCL A1,486$378.0K<0.1%History
MSMorgan StanleyStock4,928$374.0K<0.1%History
LYVLive Nation Entertainment, Inc.COM4,432$366.0K<0.1%History
ELVElevance Health, Inc.Stock752$363.0K<0.1%History
HALHalliburton CoStock11,411$358.0K<0.1%History
AMCAMC Entertainment Holdings, Inc.CL A COM25,960$352.0K<0.1%History
LOWLowes Companies IncStock1,965$343.0K<0.1%History
CLNEClean Energy Fuels Corp.COM75,000$336.0K<0.1%History
CCICrown Castle Inc.REIT1,909$322.0K<0.1%History
ETF Managers Tr26924G771ETFMG TRAVEL TEC18,339$322.0K<0.1%–
KMIKinder Morgan, Inc.Stock18,975$318.0K<0.1%History
SCHWSchwab Charles CorpStock5,019$317.0K<0.1%History
BKRBaker Hughes CoCL A10,916$315.0K<0.1%History
iShares Tr46434V423MSCI SAUDI ARBIA7,213$299.0K<0.1%–
RMDResmed IncCOM1,403$294.0K<0.1%History
TRIPTripAdvisor, Inc.COM16,546$294.0K<0.1%History
VEEVVeeva Systems IncStock1,477$293.0K<0.1%History
ECLEcolab Inc.Stock1,893$291.0K<0.1%History
UBERUber Technologies, IncStock14,163$290.0K<0.1%History
ONOn Semiconductor CorpStock5,729$289.0K<0.1%History
EQIXEquinix IncCOM440$289.0K<0.1%History
BSXBoston Scientific CorpStock7,572$283.0K<0.1%History
ATOAtmos Energy CorpCOM2,523$283.0K<0.1%History
ENTGEntegris IncCOM3,063$282.0K<0.1%History
MDLZMondelez International, Inc.Stock4,534$281.0K<0.1%History
TFCTruist Financial CorpCOM5,877$279.0K<0.1%History
SBUXStarbucks CorpStock3,594$275.0K<0.1%History
NSCNorfolk Southern CorpStock1,207$275.0K<0.1%History
BAXBaxter International IncStock4,268$274.0K<0.1%History
CSXCSX CorpStock9,341$272.0K<0.1%History
MTDMettler Toledo International IncCOM237$272.0K<0.1%History
BNYBank of New York Mellon CorpStock6,415$268.0K<0.1%History
CTRACoterra Energy Inc.Stock10,381$268.0K<0.1%History
LNGCheniere Energy, Inc.COM NEW2,003$266.0K<0.1%History
NEMNEWMONT CorpStock4,424$264.0K<0.1%History