Barings LLC
- SEC CIK
- 0000009015
- Latest filing
- Aug 7, 2026
Holdings changes from Q1 2025 to Q2 2025
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 19
- Est. +$76.2M
- Added
- 47
- Est. +$165.5M
- Reduced
- 74
- Est. −$214.0M
- Sold out
- 11
- Est. −$53.8M
Portfolio value went from $4.01B to $4.28B (+$275.6M (+6.9%)); positions from 163 to 171 (+8).
All Q2 2025 holdingsAll Q1 2025 holdings
In the shares, value and % of portfolio columns, the top figure is Q2 2025 and the gray one below is Q1 2025. For stocks that split between the two quarters, Q1 2025 shares are converted at the split ratio before comparing.
| Security | Action | Shares | Share change | Value | Est. bought or sold | % of portfolio | Weight change (pp) |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 ETF464287200 | Reduced– | 1,585,2581,599,221 | −13,963−0.9% | $978.8M$898.6M | −$8.62M | 22.9%22.4% | +0.43 |
| Invesco QQQ Trust Series I46090E103 | Reduced– | 893,407911,307 | −17,900−2.0% | $489.7M$427.3M | −$9.81M | 11.4%10.7% | +0.77 |
| iShares Russell 2000 Growth ETF464287648 | Added– | 1,670,9501,623,850 | +47,100+2.9% | $476.2M$418.3M | +$13.4M | 11.1%10.4% | +0.68 |
| Vanguard Scottsdale FDS92206C409 | Unchanged– | 5,108,5275,108,527 | 00.0% | $406.1M$403.3M | $0 | 9.5%10.1% | −0.58 |
| iShares Tr464288646 | Unchanged– | 6,840,0276,840,027 | 00.0% | $360.9M$358.2M | $0 | 8.4%8.9% | −0.51 |
| BBDCBarings BDC, Inc. | UnchangedHistory | 13,639,68113,639,681 | 00.0% | $124.7M$130.1M | $0 | 2.9%3.2% | −0.34 |
| Vanguard Total World Stock ETF922042742 | Added– | 789,847204,961 | +584,886+285.4% | $101.5M$23.8M | +$75.2M | 2.4%0.6% | +1.78 |
| iShares Tr464287440 | Added– | 642,944629,394 | +13,550+2.2% | $61.6M$60.0M | +$1.30M | 1.4%1.5% | −0.06 |
| iShares Inc464286392 | Added– | 358,101314,245 | +43,856+14.0% | $60.7M$48.1M | +$7.43M | 1.4%1.2% | +0.22 |
| SPYSPDR S&P 500 ETF Trust | ReducedHistory | 89,367111,583 | −22,216−19.9% | $55.2M$62.4M | −$13.7M | 1.3%1.6% | −0.27 |
| PDDPDD Holdings Inc. | ReducedHistory | 483,487511,703 | −28,216−5.5% | $50.6M$60.6M | −$2.95M | 1.2%1.5% | −0.33 |
| iShares MSCI USA Quality Factor ETF46432F339 | Reduced– | 275,752287,541 | −11,789−4.1% | $50.4M$49.1M | −$2.16M | 1.2%1.2% | −0.05 |
| iShares Tr464287861 | Added– | 723,437682,193 | +41,244+6.0% | $45.8M$39.7M | +$2.61M | 1.1%1.0% | +0.08 |
| iShares Tr46429B655 | Unchanged– | 780,000780,000 | 00.0% | $39.8M$39.8M | $0 | 0.9%1.0% | −0.06 |
| WPMWheaton Precious Metals Corp. | ReducedHistory | 438,776468,069 | −29,293−6.3% | $39.5M$36.3M | −$2.64M | 0.9%0.9% | +0.02 |
| SESea Ltd | ReducedHistory | 229,570291,272 | −61,702−21.2% | $36.7M$38.0M | −$9.87M | 0.9%0.9% | −0.09 |
| Herbalife Ltd.42703MAF0 | –– | –– | – | $34.4M$19.3M | – | 0.8%0.5% | +0.32 |
| Parsons Corp70202LAD4 | –– | –– | – | $31.8M$19.9M | – | 0.7%0.5% | +0.25 |
| AUAngloGold Ashanti PLC | ReducedHistory | 675,802727,628 | −51,826−7.1% | $30.6M$27.2M | −$2.35M | 0.7%0.7% | +0.04 |
| iShares Tr464287515 | Unchanged– | 271,138271,138 | 00.0% | $29.7M$24.1M | $0 | 0.7%0.6% | +0.09 |
| iShares Tr464287234 | Unchanged– | 567,647567,647 | 00.0% | $27.4M$24.8M | $0 | 0.6%0.6% | +0.02 |
| iShares S&P 500 Growth ETF464287309 | Added– | 244,43232,851 | +211,581+644.1% | $26.9M$3.05M | +$23.3M | 0.6%0.1% | +0.55 |
| CRHCRH Public Ltd Co | ReducedHistory | 289,429324,565 | −35,136−10.8% | $26.6M$28.6M | −$3.23M | 0.6%0.7% | −0.09 |
| Sabre GLBL Inc78573NAK8 | –– | –– | – | $24.9M$24.1M | – | 0.6%0.6% | −0.02 |
| HDBHDFC Bank Ltd | ReducedHistory | 297,762319,467 | −21,705−6.8% | $22.8M$21.2M | −$1.66M | 0.5%0.5% | 0.00 |
| Vanguard S&P 500 ETF922908363 | Reduced– | 35,29939,721 | −4,422−11.1% | $20.1M$20.4M | −$2.51M | 0.5%0.5% | −0.04 |
| NUNu Holdings Ltd. | AddedHistory | 1,439,469920,556 | +518,913+56.4% | $19.7M$9.43M | +$7.12M | 0.5%0.2% | +0.23 |
| QGENQiagen N.V. | ReducedHistory | 407,259407,996 | −737−0.2% | $19.6M$16.2M | −$35.5K | 0.5%0.4% | +0.05 |
| iShares Tr46435U853 | New– | 445,5000 | +445,500 | $16.7M$0 | +$16.7M | 0.4%0.0% | +0.39 |
| Global X FDS37954Y350 | Added– | 687,900651,900 | +36,000+5.5% | $16.0M$14.9M | +$838.8K | 0.4%0.4% | 0.00 |
| iShares Inc46434G822 | Added– | 198,66636,110 | +162,556+450.2% | $14.9M$2.48M | +$12.2M | 0.3%0.1% | +0.29 |
| LINLinde PLC | ReducedHistory | 31,51237,527 | −6,015−16.0% | $14.8M$17.5M | −$2.82M | 0.3%0.4% | −0.09 |
| ONCBeOne Medicines Ltd. | UnchangedHistory | 55,60455,604 | 00.0% | $13.5M$15.1M | $0 | 0.3%0.4% | −0.06 |
| XOMExxonMobil Holdings Corp | ReducedHistory | 123,982124,369 | −387−0.3% | $13.4M$14.8M | −$41.7K | 0.3%0.4% | −0.06 |
| CTVACorteva, Inc. | AddedHistory | 178,273149,466 | +28,807+19.3% | $13.3M$9.41M | +$2.15M | 0.3%0.2% | +0.08 |
| SUSuncor Energy Inc | ReducedHistory | 353,855404,920 | −51,065−12.6% | $13.3M$15.7M | −$1.91M | 0.3%0.4% | −0.08 |
| YUMCYum China Holdings, Inc. | ReducedHistory | 260,846447,969 | −187,123−41.8% | $11.7M$23.3M | −$8.37M | 0.3%0.6% | −0.31 |
| Vanguard Financials ETF92204A405 | Reduced– | 88,974177,546 | −88,572−49.9% | $11.3M$21.2M | −$11.3M | 0.3%0.5% | −0.26 |
| CHAChagee Holdings Ltd. | NewHistory | 432,8510 | +432,851 | $11.3M$0 | +$11.3M | 0.3%0.0% | +0.26 |
| First Tr Exch Traded FD III33739E108 | Reduced– | 596,147622,445 | −26,298−4.2% | $10.6M$10.9M | −$468.1K | 0.2%0.3% | −0.03 |
| iShares Inc464286608 | Reduced– | 177,170193,846 | −16,676−8.6% | $10.5M$10.3M | −$991.4K | 0.2%0.3% | −0.01 |
| Vanguard Information Technology ETF92204A702 | Reduced– | 15,41118,474 | −3,063−16.6% | $10.2M$10.0M | −$2.03M | 0.2%0.3% | −0.01 |
| COPConocoPhillips | AddedHistory | 112,58288,102 | +24,480+27.8% | $10.1M$9.25M | +$2.20M | 0.2%0.2% | +0.01 |
| Invesco Exchange Traded FD T46137V357 | New– | 53,8530 | +53,853 | $9.79M$0 | +$9.79M | 0.2%0.0% | +0.23 |
| BEKEKE Holdings Inc. | ReducedHistory | 529,9881,151,606 | −621,618−54.0% | $9.40M$23.1M | −$11.0M | 0.2%0.6% | −0.36 |
| Ziff Davis, Inc.48123VAH5 | New– | –0 | – | $9.32M$0 | +$9.32M | 0.2%0.0% | +0.22 |
| CTGOContango Silver & Gold Inc. | UnchangedHistory | 476,190476,190 | 00.0% | $9.28M$4.86M | $0 | 0.2%0.1% | +0.10 |
| Invesco Nasdaq 100 ETF46138G649 | Reduced– | 38,27669,013 | −30,737−44.5% | $8.69M$13.3M | −$6.98M | 0.2%0.3% | −0.13 |
| ENBEnbridge Inc | ReducedHistory | 185,942277,354 | −91,412−33.0% | $8.44M$12.3M | −$4.15M | 0.2%0.3% | −0.11 |
| EOGEOG Resources Inc | AddedHistory | 69,64360,352 | +9,291+15.4% | $8.33M$7.74M | +$1.11M | 0.2%0.2% | 0.00 |
| ITUBItau Unibanco Holding S.A. | ReducedHistory | 1,208,1491,514,547 | −306,398−20.2% | $8.20M$8.33M | −$2.08M | 0.2%0.2% | −0.02 |
| iShares Iboxx $ Investment Grade Corporate Bond ETF464287242 | Reduced– | 71,727110,627 | −38,900−35.2% | $7.86M$12.0M | −$4.26M | 0.2%0.3% | −0.12 |
| PBR.APetrobras - Petroleo Brasileiro SA | ReducedHistory | 680,180721,452 | −41,272−5.7% | $7.85M$9.41M | −$476.3K | 0.2%0.2% | −0.05 |
| BAPCredicorp Ltd | UnchangedHistory | 34,73734,737 | 00.0% | $7.76M$6.47M | $0 | 0.2%0.2% | +0.02 |
| VALEVale S.A. | ReducedHistory | 792,650845,593 | −52,943−6.3% | $7.70M$8.44M | −$514.1K | 0.2%0.2% | −0.03 |
| FMXMexican Economic Development Inc | AddedHistory | 72,61755,129 | +17,488+31.7% | $7.48M$5.38M | +$1.80M | 0.2%0.1% | +0.04 |
| PAASPan American Silver Corp | ReducedHistory | 252,174255,120 | −2,946−1.2% | $7.16M$6.59M | −$83.7K | 0.2%0.2% | 0.00 |
| MOSMosaic Co | ReducedHistory | 194,241322,205 | −127,964−39.7% | $7.09M$8.70M | −$4.67M | 0.2%0.2% | −0.05 |
| MSFTMicrosoft Corp | ReducedHistory | 13,48213,540 | −58−0.4% | $6.71M$5.08M | −$28.8K | 0.2%0.1% | +0.03 |
| CVXChevron Corp | ReducedHistory | 44,57544,794 | −219−0.5% | $6.38M$7.49M | −$31.4K | 0.1%0.2% | −0.04 |
| FNFabrinet | UnchangedHistory | 21,48821,488 | 00.0% | $6.33M$4.24M | $0 | 0.1%0.1% | +0.04 |
| EOSEEos Energy Enterprises, Inc. | AddedHistory | 1,204,4301,199,018 | +5,412+0.5% | $6.17M$4.53M | +$27.7K | 0.1%0.1% | +0.03 |
| DARDarling Ingredients Inc. | ReducedHistory | 159,457182,031 | −22,574−12.4% | $6.05M$5.69M | −$856.5K | 0.1%0.1% | 0.00 |
| NVDANVIDIA Corp | AddedHistory | 37,92230,649 | +7,273+23.7% | $5.99M$3.32M | +$1.15M | 0.1%0.1% | +0.06 |
| NBRNabors Industries Ltd | AddedHistory | 212,527212,526 | +10.0% | $5.96M$8.86M | +$28.02 | 0.1%0.2% | −0.08 |
| TECKTeck Resources Ltd | AddedHistory | 143,379106,356 | +37,023+34.8% | $5.79M$3.87M | +$1.50M | 0.1%0.1% | +0.04 |
| NUENucor Corp | UnchangedHistory | 44,64644,646 | 00.0% | $5.78M$5.37M | $0 | 0.1%0.1% | 0.00 |
| VNETVNET Group, Inc. | UnchangedHistory | 832,077832,077 | 00.0% | $5.74M$6.82M | $0 | 0.1%0.2% | −0.04 |
| CPTCamden Property Trust | NewHistory | 57,1040 | +57,104 | $5.71M$0 | +$5.71M | 0.1%0.0% | +0.13 |
| MPVBarings Participation Investors | AddedHistory | 277,703275,017 | +2,686+1.0% | $5.58M$4.85M | +$54.0K | 0.1%0.1% | +0.01 |
| NTRNutrien Ltd. | ReducedHistory | 93,753126,661 | −32,908−26.0% | $5.46M$6.29M | −$1.92M | 0.1%0.2% | −0.03 |
| AEMAgnico Eagle Mines Ltd | ReducedHistory | 45,02967,590 | −22,561−33.4% | $5.37M$7.32M | −$2.69M | 0.1%0.2% | −0.06 |
| ECLEcolab Inc. | AddedHistory | 19,74219,667 | +75+0.4% | $5.32M$4.99M | +$20.2K | 0.1%0.1% | 0.00 |
| GLDSPDR Gold Trust | NewHistory | 17,3930 | +17,393 | $5.29M$0 | +$5.29M | 0.1%0.0% | +0.12 |
| AMZNAmazon Com Inc | ReducedHistory | 23,80425,412 | −1,608−6.3% | $5.22M$4.83M | −$352.8K | 0.1%0.1% | 0.00 |
| CNHCNH Industrial N.V. | ReducedHistory | 397,255410,115 | −12,860−3.1% | $5.15M$5.04M | −$166.7K | 0.1%0.1% | −0.01 |
| AXIAYAXIA Energia S.A. | ReducedHistory | 674,385795,740 | −121,355−15.3% | $5.01M$5.65M | −$901.7K | 0.1%0.1% | −0.02 |
| NEMNEWMONT Corp | AddedHistory | 85,56153,005 | +32,556+61.4% | $4.98M$2.56M | +$1.90M | 0.1%0.1% | +0.05 |
| iShares Tr464288257 | Added– | 37,40926,991 | +10,418+38.6% | $4.81M$3.14M | +$1.34M | 0.1%0.1% | +0.03 |
| MCIBarings Corporate Investors | UnchangedHistory | 219,664219,664 | 00.0% | $4.76M$5.15M | $0 | 0.1%0.1% | −0.02 |
| Upstart Hldgs Inc91680MAB3 | –– | –– | – | $4.72M$9.31M | – | 0.1%0.2% | −0.12 |
| SHWSherwin Williams Co | ReducedHistory | 13,49216,200 | −2,708−16.7% | $4.63M$5.66M | −$929.8K | 0.1%0.1% | −0.03 |
| HESHess Corp | AddedHistory | 31,29531,095 | +200+0.6% | $4.34M$4.97M | +$27.7K | 0.1%0.1% | −0.02 |
| SLBSLB Limited | ReducedHistory | 126,156127,748 | −1,592−1.2% | $4.26M$5.34M | −$53.8K | 0.1%0.1% | −0.03 |
| iShares Inc464286871 | Reduced– | 208,539228,337 | −19,798−8.7% | $4.14M$4.00M | −$393.2K | 0.1%0.1% | 0.00 |
| VanEck ETF Trust92189F411 | Unchanged– | 236,283236,283 | 00.0% | $3.85M$3.96M | $0 | 0.1%0.1% | −0.01 |
| TCPCBlackRock TCP Capital Corp. | UnchangedHistory | 497,580497,580 | 00.0% | $3.83M$3.99M | $0 | 0.1%0.1% | −0.01 |
| EQTEQT Corp | NewHistory | 64,4700 | +64,470 | $3.76M$0 | +$3.76M | 0.1%0.0% | +0.09 |
| DEDeere & Co | ReducedHistory | 7,3877,620 | −233−3.1% | $3.76M$3.58M | −$118.5K | 0.1%0.1% | 0.00 |
| BGBunge Global SA | AddedHistory | 46,40945,003 | +1,406+3.1% | $3.73M$3.44M | +$112.9K | 0.1%0.1% | 0.00 |
| First Tr Exchange-Traded FD336917109 | Added– | 88,34866,766 | +21,582+32.3% | $3.70M$2.90M | +$903.6K | 0.1%0.1% | +0.01 |
| PCHPotlatchdeltic Corp | ReducedHistory | 96,23198,366 | −2,135−2.2% | $3.69M$4.44M | −$81.9K | 0.1%0.1% | −0.02 |
| VanEck Morningstar Wide Moat ETF92189F643 | Reduced– | 38,94553,593 | −14,648−27.3% | $3.65M$4.72M | −$1.37M | 0.1%0.1% | −0.03 |
| VMRKVivmark Residential | NewHistory | 52,0760 | +52,076 | $3.62M$0 | +$3.62M | 0.1%0.0% | +0.08 |
| iShares Tr46435G193 | Reduced– | 147,1731,009,387 | −862,214−85.4% | $3.42M$23.3M | −$20.0M | 0.1%0.6% | −0.50 |
| TSCOTractor Supply Co | AddedHistory | 60,64250,108 | +10,534+21.0% | $3.20M$2.76M | +$555.9K | 0.1%0.1% | +0.01 |
| AGCOAGCO Corp | ReducedHistory | 29,43330,386 | −953−3.1% | $3.04M$2.81M | −$98.3K | 0.1%0.1% | 0.00 |
| AAPLApple Inc. | ReducedHistory | 14,28918,445 | −4,156−22.5% | $2.93M$4.10M | −$852.7K | 0.1%0.1% | −0.03 |
| iShares Esg Aware US Aggregate Bond ETF46435U549 | Unchanged– | 60,90960,909 | 00.0% | $2.90M$2.89M | $0 | 0.1%0.1% | 0.00 |
| iShares Core MSCI Europe ETF46434V738 | Reduced– | 42,95174,003 | −31,052−42.0% | $2.84M$4.45M | −$2.06M | 0.1%0.1% | −0.04 |
Estimated amounts multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares): new positions use this quarter's value and sold-out positions last quarter's; positions reported only as principal (PRN) cannot be estimated. 13F shows only quarter-end holdings, not when trades happened or at what price.