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Barings LLC

SEC CIK
0000009015
Latest filing
Aug 7, 2026

Holdings in Q4 2023

Holdings as of Dec 31, 2023, filed Feb 8, 2024. Long positions only; changes compare share counts with Q3 2023.

Institution overview
Positions
145
−5 vs. Q3 2023
Portfolio value
$3.14B
+$206.5M (+7.0%) vs. Q3 2023
Filed
Feb 8, 2024
SEC
Holdings of Barings LLC in Q4 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
DARDarling Ingredients Inc.COM174,278$8.69M0.3%00.0%UnchangedHistory
LWLamb Weston Holdings, Inc.Stock81,369$8.80M0.3%+53,043+187.3%AddedHistory
VALEVale S.A.SPONSORED ADS567,687$9.00M0.3%00.0%UnchangedHistory
SHWSherwin Williams CoCOM30,198$9.42M0.3%00.0%UnchangedHistory
WisdomTree Tr97717W315EMER MKT HIGH FD232,724$9.47M0.3%+111,412+91.8%Added–
ITUBItau Unibanco Holding S.A.SPON ADR REP PFD1,376,861$9.57M0.3%00.0%UnchangedHistory
EOGEOG Resources IncStock81,368$9.84M0.3%−474−0.6%ReducedHistory
State Street SPDR Bloomberg Convertible Securities ETF78464A359ETF136,798$9.87M0.3%00.0%Unchanged–
PBR.APetrobras - Petroleo Brasileiro SASP ADR NON VTG648,301$9.91M0.3%00.0%UnchangedHistory
First Tr Exch Traded FD III33739E108PFD SECS INC ETF633,195$10.7M0.3%+427,333+207.6%Added–
FMXMexican Economic Development IncSPON ADR UNITS82,336$10.7M0.3%−10,470−11.3%ReducedHistory
iShares Inc464286608MSCI EURZONE ETF228,625$10.8M0.3%+10,791+5.0%Added–
ONCBeOne Medicines Ltd.ADR60,379$10.9M0.3%+60,379NewHistory
HTHTH World Group LtdSPONSORED ADS368,836$12.3M0.4%−635,199−63.3%ReducedHistory
iShares Tr46435G193ESG AWRE USD ETF563,514$13.1M0.4%+563,514New–
SESea LtdSPONSORD ADS350,830$14.2M0.5%−89,853−20.4%ReducedHistory
CFCF Industries Holdings, Inc.COM181,580$14.4M0.5%−25,386−12.3%ReducedHistory
iShares Esg Aware US Aggregate Bond ETF46435U549ETF303,107$14.5M0.5%+27,030+9.8%Added–
Mfa Finl Inc55272XAA0NOTE 6.250% 6/1–$14.7M0.5%–––
CVXChevron CorpStock99,991$14.9M0.5%+30,237+43.3%AddedHistory
COPConocoPhillipsStock130,986$15.2M0.5%−547−0.4%ReducedHistory
Vanguard Scottsdale FDS92206C813LG-TERM COR BD202,755$16.3M0.5%+5,759+2.9%Added–
CTVACorteva, Inc.Stock357,083$17.1M0.5%−15,810−4.2%ReducedHistory
EDUNew Oriental Education & Technology Group Inc.SPON ADR246,181$18.0M0.6%+246,181NewHistory
XOMExxonMobil Holdings CorpCOM212,728$21.3M0.7%00.0%UnchangedHistory
YUMCYum China Holdings, Inc.COM543,013$23.0M0.7%+115,500+27.0%AddedHistory
LINLinde PLCStock67,671$27.8M0.9%−10,623−13.6%ReducedHistory
iShares Inc464286251JP MRG EM CRP BD673,412$29.7M0.9%−80,276−10.7%Reduced–
NTRNutrien Ltd.COM533,688$30.1M1.0%+94,715+21.6%AddedHistory
Vanguard Total World Stock ETF922042742ETF339,731$35.0M1.1%−130,062−27.7%Reduced–
iShares Inc464286392MSCI WORLD ETF278,266$37.0M1.2%+18,374+7.1%Added–
iShares S&P 500 Growth ETF464287309ETF520,665$39.1M1.2%−36,454−6.5%Reduced–
SUSuncor Energy IncStock1,254,515$40.2M1.3%−439,563−25.9%ReducedHistory
iShares Tr4642874407-10 YR TRSY BD451,067$43.5M1.4%−165,080−26.8%Reduced–
iShares Tr46429B655FLTG RATE NT ETF884,000$44.7M1.4%−147,000−14.3%Reduced–
iShares MSCI USA Quality Factor ETF46432F339ETF368,064$54.2M1.7%+327,813+814.4%Added–
CRHCRH Public Ltd CoORD1,012,435$70.0M2.2%+28,130+2.9%AddedHistory
SPYSPDR S&P 500 ETF TrustETF157,933$75.1M2.4%+70,465+80.6%AddedHistory
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF745,446$82.5M2.6%−14,877−2.0%Reduced–
iShares Core U.S. Aggregate Bond ETF464287226ETF911,537$90.5M2.9%+86,523+10.5%Added–
PDDPDD Holdings Inc.SPONSORED ADS704,130$103.0M3.3%+186,189+35.9%AddedHistory
BBDCBarings BDC, Inc.COM13,639,681$117.0M3.7%00.0%UnchangedHistory
iShares Russell 2000 Growth ETF464287648ETF1,505,250$379.7M12.1%+47,200+3.2%Added–
Invesco QQQ Trust Series I46090E103ETF939,645$384.8M12.3%−18,400−1.9%Reduced–
iShares Core S&P 500 ETF464287200ETF1,727,406$825.1M26.3%−37,439−2.1%Reduced–

Sold out since Q3 2023 (17)

Positions held at the end of Q3 2023 that are gone from this filing.

Positions of Barings LLC sold out since Q3 2023
SecurityClassShares in Q3 2023Value in Q3 2023% of portfolio in Q3 2023History
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF387,587$42.8M1.5%–
First Tr Exchange-Traded FD33737A108NASDQ CLN EDGE311,246$29.2M1.0%–
Invesco Exchange Traded FD T46137V431S&P 500 GARP ETF98,363$8.97M0.3%–
iShares Tr464287341GLOBAL ENERG ETF189,971$7.84M0.3%–
GTXGarrett Motion Inc.Stock881,522$6.95M0.2%History
ALBAlbemarle CorpStock27,763$4.72M0.2%History
FMCFMC CorpCOM NEW44,074$2.95M0.1%History
iShares Tr464287861EUROPE ETF55,464$2.65M0.1%–
GLOBGlobant S.A.COM11,806$2.34M0.1%History
2U, LLC90214JAB7NOTE 2.250% 5/0–$1.79M0.1%–
WSCWillScot Holdings CorpCOM CL A14,582$606.5K<0.1%History
JPMJPMorgan Chase & CoStock1,790$259.6K<0.1%History
CSCOCisco Systems, Inc.Stock4,514$242.7K<0.1%History
CMCSAComcast CorpStock5,209$231.0K<0.1%History
JNJJohnson & JohnsonStock1,335$207.9K<0.1%History
LRCXLam Research CorpCOM328$205.6K<0.1%History
AMATApplied Materials IncStock1,481$205.0K<0.1%History