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Barings LLC

SEC CIK
0000009015
Latest filing
Aug 7, 2026

Holdings in Q2 2023

Holdings as of Jun 30, 2023, filed Aug 8, 2023. Long positions only; changes compare share counts with Q1 2023.

Institution overview
Positions
167
+6 vs. Q1 2023
Portfolio value
$2.96B
+$48.0M (+1.6%) vs. Q1 2023
Filed
Aug 8, 2023
SEC
Holdings of Barings LLC in Q2 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Core S&P 500 ETF464287200ETF1,835,422$818.1M27.6%+45,018+2.5%Added–
Invesco QQQ Trust Series I46090E103ETF1,035,131$382.4M12.9%−80,498−7.2%Reduced–
iShares Russell 2000 Growth ETF464287648ETF1,412,950$342.9M11.6%+50,100+3.7%Added–
BBDCBarings BDC, Inc.COM13,639,681$106.9M3.6%00.0%UnchangedHistory
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF799,592$86.5M2.9%00.0%Unchanged–
iShares Core U.S. Aggregate Bond ETF464287226ETF796,596$78.0M2.6%+34,473+4.5%Added–
Vanguard Total World Stock ETF922042742ETF744,315$72.2M2.4%+56,667+8.2%Added–
iShares Tr4642874407-10 YR TRSY BD611,380$59.1M2.0%+92,145+17.7%Added–
iShares Tr46429B655FLTG RATE NT ETF1,031,000$52.4M1.8%−155,140−13.1%Reduced–
SUSuncor Energy IncStock1,735,649$50.9M1.7%+434,755+33.4%AddedHistory
HTHTH World Group LtdSPONSORED ADS1,071,681$41.6M1.4%−171,207−13.8%ReducedHistory
PDDPDD Holdings Inc.SPONSORED ADS517,941$35.8M1.2%−146,325−22.0%ReducedHistory
iShares Inc464286251JP MRG EM CRP BD753,688$32.7M1.1%+219,911+41.2%Added–
LINLinde PLCStock78,688$30.0M1.0%−7,579−8.8%ReducedHistory
YUMCYum China Holdings, Inc.COM457,024$25.8M0.9%+4,352+1.0%AddedHistory
SESea LtdSPONSORD ADS427,056$24.8M0.8%+33,996+8.6%AddedHistory
NTRNutrien Ltd.COM402,938$23.8M0.8%−106,868−21.0%ReducedHistory
CTVACorteva, Inc.Stock372,893$21.4M0.7%+230,861+162.5%AddedHistory
XOMExxonMobil Holdings CorpCOM195,640$21.0M0.7%−1,821−0.9%ReducedHistory
iShares Inc464286392MSCI WORLD ETF160,000$19.9M0.7%−7,692−4.6%Reduced–
First Tr Exchange-Traded FD33737A108NASDQ CLN EDGE189,040$19.9M0.7%+87,357+85.9%Added–
WisdomTree Tr97717W315EMER MKT HIGH FD518,204$19.8M0.7%00.0%Unchanged–
GTXGarrett Motion Inc.Stock2,602,247$19.7M0.7%+2,602,247NewHistory
iShares S&P 500 Growth ETF464287309ETF251,496$17.7M0.6%+251,496New–
TCPCBlackRock TCP Capital Corp.COM1,603,372$17.5M0.6%00.0%UnchangedHistory
Pennymac Corp70932AAD5NOTE 5.500%11/0–$16.5M0.6%–––
iShares Tr464287861EUROPE ETF321,656$16.3M0.5%−57,149−15.1%Reduced–
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF142,354$15.7M0.5%+61,553+76.2%Added–
Vanguard Scottsdale FDS92206C813LG-TERM COR BD190,989$15.0M0.5%+190,989New–
COPConocoPhillipsStock144,311$15.0M0.5%00.0%UnchangedHistory
Mfa Finl Inc55272XAA0NOTE 6.250% 6/1–$14.8M0.5%–––
DEDeere & CoStock34,561$14.0M0.5%−6,388−15.6%ReducedHistory
iShares Esg Aware US Aggregate Bond ETF46435U549ETF276,077$13.0M0.4%+10,970+4.1%Added–
DARDarling Ingredients Inc.COM201,635$12.9M0.4%+20,798+11.5%AddedHistory
SPYSPDR S&P 500 ETF TrustETF28,221$12.5M0.4%+28,221NewHistory
Invesco Exchange Traded FD T46137V431S&P 500 GARP ETF133,744$12.1M0.4%00.0%Unchanged–
TSCOTractor Supply CoCOM54,315$12.0M0.4%00.0%UnchangedHistory
GPREGreen Plains Inc.COM352,630$11.4M0.4%00.0%UnchangedHistory
CVXChevron CorpStock69,616$11.0M0.4%−267−0.4%ReducedHistory
EOGEOG Resources IncStock94,388$10.8M0.4%00.0%UnchangedHistory
PBR.APetrobras - Petroleo Brasileiro SASP ADR NON VTG838,739$10.4M0.4%00.0%UnchangedHistory
BGBunge Global SACOM108,297$10.2M0.3%+16,023+17.4%AddedHistory
iShares Inc464286608MSCI EURZONE ETF217,834$9.98M0.3%00.0%Unchanged–
HESHess CorpStock71,550$9.73M0.3%−10,778−13.1%ReducedHistory
CFCF Industries Holdings, Inc.COM138,783$9.63M0.3%−39,633−22.2%ReducedHistory
AGCOAGCO CorpCOM68,430$8.99M0.3%00.0%UnchangedHistory
FMCFMC CorpCOM NEW83,403$8.70M0.3%+52,684+171.5%AddedHistory
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD1,376,861$8.12M0.3%00.0%UnchangedHistory
SHWSherwin Williams CoCOM30,198$8.02M0.3%00.0%UnchangedHistory
MSFTMicrosoft CorpStock22,492$7.66M0.3%+479+2.2%AddedHistory
CNHCNH Industrial N.V.SHS516,025$7.43M0.3%−60,010−10.4%ReducedHistory
LILi Auto Inc.SPONSORED ADS201,709$7.08M0.2%−42,614−17.4%ReducedHistory
ADMArcher-Daniels-Midland CoStock91,642$6.92M0.2%00.0%UnchangedHistory
Vanguard Information Technology ETF92204A702ETF15,511$6.86M0.2%+1,254+8.8%Added–
DBX ETF Tr233051879XTRACK HRVST CSI256,113$6.85M0.2%−56,920−18.2%Reduced–
iShares Inc464286871MSCI HONG KG ETF352,374$6.81M0.2%+73,740+26.5%Added–
Global X FDS37954Y350X EMERGING MKT306,800$6.71M0.2%−14,000−4.4%Reduced–
VALEVale S.A.SPONSORED ADS483,225$6.48M0.2%00.0%UnchangedHistory
BBDBank BradescoSP ADR PFD NEW1,850,828$6.40M0.2%−842,846−31.3%ReducedHistory
SQMChemical & Mining Co of Chile IncSPON ADR SER B87,628$6.36M0.2%+30,742+54.0%AddedHistory
ALBAlbemarle CorpStock27,645$6.17M0.2%+27,645NewHistory
DISH Network CORP25470MAB5NOTE 3.375% 8/1–$5.86M0.2%–––
NUENucor CorpCOM35,525$5.83M0.2%+35,525NewHistory
ZTOZTO Express (Cayman) Inc.SPONSORED ADS A219,334$5.50M0.2%00.0%UnchangedHistory
iShares MSCI USA Quality Factor ETF46432F339ETF40,251$5.43M0.2%00.0%Unchanged–
DOWDow Inc.Stock98,560$5.25M0.2%−27,491−21.8%ReducedHistory
EOSEEos Energy Enterprises, Inc.COM CL A1,204,430$5.23M0.2%00.0%UnchangedHistory
LYBLyondellBasell Industries N.V.SHS - A -53,702$4.93M0.2%+440+0.8%AddedHistory
AMZNAmazon Com IncStock36,226$4.72M0.2%+4,937+15.8%AddedHistory
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD62,366$4.72M0.2%−59,009−48.6%Reduced–
CIBGrupo Cibest S.A.SPON ADR PREF166,457$4.44M0.2%00.0%UnchangedHistory
First Tr Exch Traded FD III33739E108PFD SECS INC ETF252,741$4.04M0.1%−152,782−37.7%Reduced–
AONAon plcCL A11,463$3.96M0.1%−240−2.1%ReducedHistory
iShares Tr464288257MSCI ACWI ETF40,234$3.86M0.1%+3,987+11.0%Added–
iShares Tr464288646ISHS 1-5YR INVS76,800$3.85M0.1%00.0%Unchanged–
ASAIYSendas Distributor S.A.SPON ADS265,941$3.83M0.1%+191,831+258.8%AddedHistory
iShares Tr464288182MSCI AC ASIA ETF54,303$3.61M0.1%+14,157+35.3%Added–
UNHUnitedHealth Group IncStock7,360$3.54M0.1%00.0%UnchangedHistory
TDCX Inc87190U100ADS433,217$3.43M0.1%00.0%Unchanged–
AUAngloGold Ashanti PLCSPONSORED ADR162,252$3.42M0.1%−191,226−54.1%ReducedHistory
Babson Cap Corporate Inv05617K109COM219,664$3.27M0.1%00.0%Unchanged–
ABEVAmbev S.A.SPONSORED ADR1,006,832$3.20M0.1%00.0%UnchangedHistory
AAPLApple Inc.Stock15,776$3.06M0.1%+3,047+23.9%AddedHistory
PBRPetrobras - Petroleo Brasileiro SASPONSORED ADR214,013$2.96M0.1%00.0%UnchangedHistory
State Street SPDR Bloomberg Convertible Securities ETF78464A359ETF41,112$2.88M0.1%+28,951+238.1%Added–
Itron, Inc.465741AN6NOTE 3/1–$2.69M0.1%–New–
iShares Tr46435G102CONV BD ETF33,764$2.58M0.1%00.0%Unchanged–
Vanguard Scottsdale FDS92206C706INTER TERM TREAS42,826$2.51M0.1%−7,362−14.7%Reduced–
iShares Core MSCI Europe ETF46434V738ETF46,871$2.47M0.1%−14,836−24.0%Reduced–
MCDMcDonalds CorpStock8,183$2.44M0.1%−362−4.2%ReducedHistory
GLOBGlobant S.A.COM11,806$2.12M0.1%+11,806NewHistory
BLFSBiolife Solutions IncCOM NEW91,316$2.02M0.1%00.0%UnchangedHistory
2U, LLC90214JAB7NOTE 2.250% 5/0–$1.96M0.1%–New–
SBSCompanhia de Saneamento Basico Do Estado de Sao Paulo-SabespSPONSORED ADR161,760$1.92M0.1%00.0%UnchangedHistory
Barings Partn Invs Trust05616B100COM143,404$1.85M0.1%00.0%Unchanged–
FNFabrinetSHS13,893$1.80M0.1%+13,893NewHistory
WFRDWeatherford International plcORD SHS26,861$1.78M0.1%00.0%UnchangedHistory
NVDANVIDIA CorpStock3,921$1.66M0.1%+413+11.8%AddedHistory
TJXTJX Companies IncStock18,862$1.60M0.1%−412−2.1%ReducedHistory
METAMeta Platforms, Inc.Stock5,110$1.47M<0.1%+819+19.1%AddedHistory

Sold out since Q1 2023 (12)

Positions held at the end of Q1 2023 that are gone from this filing.

Positions of Barings LLC sold out since Q1 2023
SecurityClassShares in Q1 2023Value in Q1 2023% of portfolio in Q1 2023History
TCOMTrip.com Group LtdADS792,130$29.8M1.0%History
Colony Cap Inc19624RAA4NOTE 5.000% 4/1–$21.5M0.7%–
Garrett Motion Inc.366505204COMM2,356,300$20.9M0.7%–
GRABGrab Holdings LtdCLASS A ORD3,323,176$9.47M0.3%History
MOSMosaic CoCOM202,994$9.31M0.3%History
VLOValero Energy CorpStock62,105$8.67M0.3%History
Invesco Exch Traded FD Tr II46138G706SOLAR ETF75,348$5.85M0.2%–
VISTVista Energy, S.A.B. de C.V.SPONSORED ADS80,828$1.60M0.1%History
DISWalt Disney CoStock10,822$1.08M<0.1%History
OIGOrion180 Insurance Group Inc.COM4,199,992$612.8K<0.1%History
INFYInfosys LtdSPONSORED ADR12,702$221.5K<0.1%History
SPGIS&P Global Inc.Stock602$207.6K<0.1%History