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Barings LLC

SEC CIK
0000009015
Latest filing
Aug 7, 2026

Holdings in Q4 2022

Holdings as of Dec 31, 2022, filed Feb 13, 2023. Long positions only; changes compare share counts with Q3 2022.

Institution overview
Positions
188
+1 vs. Q3 2022
Portfolio value
$2.82B
+$309.5M (+12.3%) vs. Q3 2022
Filed
Feb 13, 2023
SEC
Holdings of Barings LLC in Q4 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Core S&P 500 ETF464287200ETF1,625,064$624.4M22.1%−103,919−6.0%Reduced–
iShares Russell 2000 Growth ETF464287648ETF1,390,150$298.2M10.6%+31,600+2.3%Added–
Invesco QQQ Trust Series I46090E103ETF1,098,820$292.6M10.4%+55,900+5.4%Added–
BBDCBarings BDC, Inc.COM13,639,681$111.2M3.9%00.0%UnchangedHistory
Vanguard Dividend Appreciation ETF921908844ETF583,507$88.6M3.1%+130,240+28.7%Added–
iShares Tr46429B655FLTG RATE NT ETF1,668,568$84.0M3.0%+124,584+8.1%Added–
iShares Core High Dividend ETF46429B663ETF774,204$80.7M2.9%+148,085+23.7%Added–
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF389,957$42.9M1.5%+229,007+142.3%Added–
iShares MSCI USA Quality Factor ETF46432F339ETF355,958$40.6M1.4%−204,672−36.5%Reduced–
SUSuncor Energy IncStock1,255,346$39.8M1.4%+427,144+51.6%AddedHistory
PDDPDD Holdings Inc.SPONSORED ADS481,762$39.3M1.4%+481,762NewHistory
HTHTH World Group LtdSPONSORED ADS865,088$36.7M1.3%+865,088NewHistory
NTRNutrien Ltd.COM499,540$36.5M1.3%+118,632+31.1%AddedHistory
DISH Network CORP25470MAB5NOTE 3.375% 8/1–$35.7M1.3%–––
iShares Core U.S. Aggregate Bond ETF464287226ETF343,837$33.3M1.2%−4,474−1.3%Reduced–
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A1,139,657$30.6M1.1%+96,554+9.3%AddedHistory
First Tr Exchange-Traded FD336917109SHS728,680$26.6M0.9%+728,680New–
Vanguard Total World Stock ETF922042742ETF286,072$24.7M0.9%+116,512+68.7%Added–
YUMCYum China Holdings, Inc.COM446,503$24.4M0.9%−81,834−15.5%ReducedHistory
XOMExxonMobil Holdings CorpCOM209,588$23.1M0.8%−7,024−3.2%ReducedHistory
iShares Inc464286392MSCI WORLD ETF211,004$23.1M0.8%+77,590+58.2%Added–
DEDeere & CoStock53,671$23.0M0.8%−2,869−5.1%ReducedHistory
SESea LtdSPONSORD ADS418,667$21.8M0.8%−14,408−3.3%ReducedHistory
Colony Cap Inc19624RAA4NOTE 5.000% 4/1–$21.2M0.8%–––
iShares Tr4642874407-10 YR TRSY BD221,183$21.2M0.8%+3,976+1.8%Added–
TCPCBlackRock TCP Capital Corp.COM1,603,372$20.7M0.7%00.0%UnchangedHistory
Garrett Motion Inc.366505204COMM2,356,300$20.5M0.7%00.0%Unchanged–
Vanguard Ftse Emerging Markets ETF922042858ETF512,163$20.0M0.7%+512,163New–
iShares Tr4642874571 3 YR TREAS BD238,859$19.4M0.7%−798−0.3%Reduced–
COPConocoPhillipsStock160,181$18.9M0.7%−200.0%ReducedHistory
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD231,149$17.4M0.6%+126,742+121.4%Added–
LINLinde PLCSHS51,552$16.8M0.6%+200+0.4%AddedHistory
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF152,160$16.0M0.6%00.0%Unchanged–
Pennymac Corp70932AAD5NOTE 5.500%11/0–$15.4M0.5%–––
GPREGreen Plains Inc.COM487,616$14.9M0.5%00.0%UnchangedHistory
Mfa Finl Inc55272XAA0NOTE 6.250% 6/1–$13.9M0.5%–––
CFCF Industries Holdings, Inc.COM156,623$13.3M0.5%00.0%UnchangedHistory
DARDarling Ingredients Inc.COM212,072$13.3M0.5%+16,090+8.2%AddedHistory
iShares Tr464287325GLOB HLTHCRE ETF148,956$12.6M0.4%−578−0.4%Reduced–
HESHess CorpStock89,108$12.6M0.4%−192−0.2%ReducedHistory
CVXChevron CorpStock69,883$12.5M0.4%−4,684−6.3%ReducedHistory
CNHCNH Industrial N.V.SHS774,246$12.4M0.4%+403,850+109.0%AddedHistory
EOGEOG Resources IncStock93,986$12.2M0.4%−3,600−3.7%ReducedHistory
TSCOTractor Supply CoCOM54,082$12.2M0.4%00.0%UnchangedHistory
WisdomTree Tr97717W315EMER MKT HIGH FD338,189$12.1M0.4%+338,189New–
GRABGrab Holdings LtdCLASS A ORD3,323,176$10.7M0.4%−11,251−0.3%ReducedHistory
BEKEKE Holdings Inc.SPONSORED ADS729,629$10.2M0.4%+729,629NewHistory
BBDBank BradescoSP ADR PFD NEW3,428,338$9.87M0.4%00.0%UnchangedHistory
AGCOAGCO CorpCOM69,510$9.64M0.3%+4,103+6.3%AddedHistory
iShares Tr464287762US HLTHCARE ETF33,473$9.50M0.3%00.0%Unchanged–
VALEVale S.A.SPONSORED ADS546,831$9.28M0.3%00.0%UnchangedHistory
iShares Global Clean Energy ETF464288224ETF467,451$9.28M0.3%+467,451New–
BGBunge Global SACOM92,274$9.21M0.3%−4,112−4.3%ReducedHistory
SPDR Series Trust78468R622ST BLOO HIGH ETF100,000$9.00M0.3%+100,000New–
iShares Inc464286871MSCI HONG KG ETF420,026$8.82M0.3%+90,712+27.5%Added–
VLOValero Energy CorpStock68,854$8.73M0.3%−160.0%ReducedHistory
MOSMosaic CoCOM199,019$8.73M0.3%−51,691−20.6%ReducedHistory
APDAir Products & Chemicals, Inc.Stock28,079$8.66M0.3%+70.0%AddedHistory
Invesco Exch Traded FD Tr II46138G706SOLAR ETF117,099$8.54M0.3%+117,099New–
ADMArcher-Daniels-Midland CoStock91,236$8.47M0.3%−5,616−5.8%ReducedHistory
CTVACorteva, Inc.Stock142,032$8.35M0.3%−215,863−60.3%ReducedHistory
Vanguard High Dividend Yield Index ETF921946406ETF75,643$8.19M0.3%+75,643New–
iShares Tr46434V1000-5YR INVT GR CP157,133$7.52M0.3%+127,107+423.3%Added–
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD1,492,669$7.03M0.2%−377,111−20.2%ReducedHistory
AUAngloGold Ashanti PLCSPONSORED ADR353,478$6.86M0.2%00.0%UnchangedHistory
SQMChemical & Mining Co of Chile IncSPON ADR SER B83,557$6.67M0.2%−17,921−17.7%ReducedHistory
SHWSherwin Williams CoCOM26,771$6.35M0.2%−250−0.9%ReducedHistory
DOWDow Inc.Stock126,051$6.35M0.2%00.0%UnchangedHistory
AMCRAmcor plcORD507,256$6.04M0.2%00.0%UnchangedHistory
Blackstone Mtg Tr Inc09257WAC4NOTE 4.750% 3/1–$5.96M0.2%–––
SPYSPDR S&P 500 ETF TrustETF15,535$5.94M0.2%+15,535NewHistory
First Trust Nasdaq Clean Edge Green Energy Index Fund33733E500ETF121,158$5.72M0.2%+121,158New–
iShares Tr46434V4070-5YR HI YL CP137,505$5.62M0.2%00.0%Unchanged–
First Tr Exch Traded FD III33739E108PFD SECS INC ETF315,551$5.30M0.2%+46,478+17.3%Added–
MSFTMicrosoft CorpStock22,008$5.28M0.2%−4,912−18.2%ReducedHistory
AXIAYAXIA Energia S.A.SPONSORED ADR649,975$5.15M0.2%+338,479+108.7%AddedHistory
LILi Auto Inc.SPONSORED ADS244,323$4.98M0.2%+45,203+22.7%AddedHistory
Royal Caribbean Group780153BB7NOTE 4.250% 6/1–$4.98M0.2%–––
CIBGrupo Cibest S.A.SPON ADR PREF166,457$4.75M0.2%00.0%UnchangedHistory
TDCX Inc87190U100ADS361,044$4.47M0.2%−76,877−17.6%Reduced–
iShares Inc464286251JP MRG EM CRP BD102,520$4.38M0.2%00.0%Unchanged–
ALBAlbemarle CorpStock19,732$4.28M0.2%−1,862−8.6%ReducedHistory
iShares Esg Aware US Aggregate Bond ETF46435U549ETF90,765$4.24M0.2%−55,128−37.8%Reduced–
PBR.APetrobras - Petroleo Brasileiro SASP ADR NON VTG456,537$4.24M0.2%−67,386−12.9%ReducedHistory
AONAon plcCL A13,833$4.15M0.1%−990−6.7%ReducedHistory
Global X FDS37954Y350X EMERGING MKT188,800$4.04M0.1%+37,500+24.8%Added–
FMCFMC CorpCOM NEW30,719$3.83M0.1%00.0%UnchangedHistory
iShares Tr464288646ISHS 1-5YR INVS76,800$3.83M0.1%00.0%Unchanged–
UNHUnitedHealth Group IncStock6,971$3.70M0.1%−162−2.3%ReducedHistory
iShares Tr464288182MSCI AC ASIA ETF53,891$3.49M0.1%+3,007+5.9%Added–
ABEVAmbev S.A.SPONSORED ADR1,170,019$3.18M0.1%00.0%UnchangedHistory
VISTVista Energy, S.A.B. de C.V.SPONSORED ADS201,605$3.16M0.1%−97,247−32.5%ReducedHistory
Babson Cap Corporate Inv05617K109COM219,664$3.07M0.1%00.0%Unchanged–
Vanguard Scottsdale FDS92206C706INTER TERM TREAS50,188$2.93M0.1%00.0%Unchanged–
WPMWheaton Precious Metals Corp.COM71,758$2.80M0.1%00.0%UnchangedHistory
AMZNAmazon Com IncStock31,503$2.65M0.1%−2,783−8.1%ReducedHistory
iShares Tr464288257MSCI ACWI ETF30,590$2.60M0.1%+4,118+15.6%Added–
ZHZhihu Inc.ADS1,888,411$2.45M0.1%00.0%UnchangedHistory
iShares Tr464287515EXPANDED TECH9,305$2.38M0.1%−22,241−70.5%Reduced–
PBRPetrobras - Petroleo Brasileiro SASPONSORED ADR214,013$2.28M0.1%+12,837+6.4%AddedHistory

Sold out since Q3 2022 (19)

Positions held at the end of Q3 2022 that are gone from this filing.

Positions of Barings LLC sold out since Q3 2022
SecurityClassShares in Q3 2022Value in Q3 2022% of portfolio in Q3 2022History
Vanguard Information Technology ETF92204A702ETF36,545$11.2M0.4%–
iShares S&P 500 Growth ETF464287309ETF149,227$8.63M0.3%–
AJRDAerojet Rocketdyne Holdings, Inc.COM201,341$8.05M0.3%History
Avaya Hldgs Corp05351XAB7NOTE 2.250% 6/1–$7.35M0.3%–
FMXMexican Economic Development IncSPON ADR UNITS113,252$7.11M0.3%History
iShares Tr464287796U.S. ENERGY ETF142,576$5.61M0.2%–
Arbor Realty Trust Inc038923AP3NOTE 4.750%11/0–$5.06M0.2%–
TSNTyson Foods, Inc.Stock23,528$1.55M0.1%History
Copel-ADR20441B605ADR219,048$1.30M0.1%–
CXCemex SAB de CVSPON ADR NEW322,034$1.10M<0.1%History
TSLATesla, Inc.Stock2,249$597.0K<0.1%History
SWKStanley Black & Decker, Inc.COM5,952$448.0K<0.1%History
ABBVAbbVie Inc.Stock2,719$365.0K<0.1%History
BXBlackstone Inc.COM2,990$250.0K<0.1%History
BKNGBooking Holdings Inc.Stock148$243.0K<0.1%History
MDTMedtronic plcStock2,932$237.0K<0.1%History
NEENextera Energy IncStock2,816$221.0K<0.1%History
AALAmerican Airlines Group Inc.Stock13,310$160.0K<0.1%History
SABRSabre CorpCOM11,309$58.0K<0.1%History