Barings LLC
- SEC CIK
- 0000009015
- Latest filing
- Aug 7, 2026
Holdings changes from Q2 2025 to Q3 2025
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 18
- Est. +$420.9M
- Added
- 34
- Est. +$443.1M
- Reduced
- 52
- Est. −$110.4M
- Sold out
- 18
- Est. −$112.4M
Portfolio value went from $4.28B to $5.25B (+$969.8M (+22.6%)); positions from 171 to 171 (0).
All Q3 2025 holdingsAll Q2 2025 holdings
In the shares, value and % of portfolio columns, the top figure is Q3 2025 and the gray one below is Q2 2025. For stocks that split between the two quarters, Q2 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 | Added– | 1,603,2531,585,258 | +17,995+1.1% | $1.07B$978.8M | +$12.0M | 20.4%22.9% | −2.50 |
| Invesco QQQ Trust Series I46090E103 | Added– | 894,407893,407 | +1,000+0.1% | $535.5M$489.7M | +$598.7K | 10.2%11.4% | −1.24 |
| iShares Russell 2000 Growth ETF464287648 | Reduced– | 1,624,4501,670,950 | −46,500−2.8% | $519.6M$476.2M | −$14.9M | 9.9%11.1% | −1.23 |
| Vanguard Scottsdale FDS92206C409 | Unchanged– | 5,108,5275,108,527 | 00.0% | $408.3M$406.1M | $0 | 7.8%9.5% | −1.71 |
| iShares Tr464288646 | Unchanged– | 6,840,0276,840,027 | 00.0% | $362.7M$360.9M | $0 | 6.9%8.4% | −1.52 |
| iShares Iboxx $ Investment Grade Corporate Bond ETF464287242 | Added– | 2,771,72771,727 | +2,700,000+3,764.3% | $309.0M$7.86M | +$301.0M | 5.9%0.2% | +5.70 |
| Janus Detroit STR Tr47103U845 | New– | 6,000,0000 | +6,000,000 | $304.7M$0 | +$304.7M | 5.8%0.0% | +5.80 |
| BBDCBarings BDC, Inc. | UnchangedHistory | 13,639,68113,639,681 | 00.0% | $119.5M$124.7M | $0 | 2.3%2.9% | −0.64 |
| Vanguard Total World Stock ETF922042742 | Added– | 811,512789,847 | +21,665+2.7% | $111.8M$101.5M | +$2.99M | 2.1%2.4% | −0.24 |
| SPYSPDR S&P 500 ETF Trust | AddedHistory | 114,78589,367 | +25,418+28.4% | $76.5M$55.2M | +$16.9M | 1.5%1.3% | +0.17 |
| PDDPDD Holdings Inc. | AddedHistory | 539,000483,487 | +55,513+11.5% | $71.2M$50.6M | +$7.34M | 1.4%1.2% | +0.17 |
| iShares Tr464287440 | Reduced– | 631,843642,944 | −11,101−1.7% | $60.9M$61.6M | −$1.07M | 1.2%1.4% | −0.28 |
| Herbalife Ltd.42703MAF0 | –– | –– | – | $57.2M$34.4M | – | 1.1%0.8% | +0.29 |
| iShares Inc464286392 | Reduced– | 311,111358,101 | −46,990−13.1% | $56.5M$60.7M | −$8.53M | 1.1%1.4% | −0.34 |
| WPMWheaton Precious Metals Corp. | AddedHistory | 446,693438,776 | +7,917+1.8% | $50.0M$39.5M | +$885.8K | 1.0%0.9% | +0.03 |
| AUAngloGold Ashanti PLC | ReducedHistory | 668,860675,802 | −6,942−1.0% | $47.0M$30.6M | −$488.0K | 0.9%0.7% | +0.18 |
| ARXAccelerant Holdings | NewHistory | 3,128,8670 | +3,128,867 | $46.4M$0 | +$46.4M | 0.9%0.0% | +0.88 |
| iShares S&P 500 Growth ETF464287309 | Added– | 371,209244,432 | +126,777+51.9% | $44.8M$26.9M | +$15.3M | 0.9%0.6% | +0.22 |
| iShares Tr46435U853 | Added– | 1,183,000445,500 | +737,500+165.5% | $44.7M$16.7M | +$27.9M | 0.9%0.4% | +0.46 |
| iShares Tr46429B655 | Unchanged– | 780,000780,000 | 00.0% | $39.9M$39.8M | $0 | 0.8%0.9% | −0.17 |
| SESea Ltd | ReducedHistory | 209,385229,570 | −20,185−8.8% | $37.4M$36.7M | −$3.61M | 0.7%0.9% | −0.14 |
| iShares Tr464287861 | Reduced– | 566,323723,437 | −157,114−21.7% | $37.1M$45.8M | −$10.3M | 0.7%1.1% | −0.36 |
| Parsons Corp70202LAD4 | –– | –– | – | $34.3M$31.8M | – | 0.7%0.7% | −0.09 |
| CRHCRH Public Ltd Co | ReducedHistory | 278,498289,429 | −10,931−3.8% | $33.4M$26.6M | −$1.31M | 0.6%0.6% | +0.02 |
| iShares Tr464287515 | Unchanged– | 271,138271,138 | 00.0% | $31.2M$29.7M | $0 | 0.6%0.7% | −0.10 |
| iShares Tr464287234 | Reduced– | 530,684567,647 | −36,963−6.5% | $28.3M$27.4M | −$1.97M | 0.5%0.6% | −0.10 |
| NUNu Holdings Ltd. | AddedHistory | 1,586,2671,439,469 | +146,798+10.2% | $25.4M$19.7M | +$2.35M | 0.5%0.5% | +0.02 |
| BlackRock ETF Trust09290C103 | New– | 424,8110 | +424,811 | $25.1M$0 | +$25.1M | 0.5%0.0% | +0.48 |
| Sabre GLBL Inc78573NAK8 | –– | –– | – | $22.9M$24.9M | – | 0.4%0.6% | −0.15 |
| Vanguard S&P 500 ETF922908363 | Unchanged– | 35,29935,299 | 00.0% | $21.6M$20.1M | $0 | 0.4%0.5% | −0.06 |
| AONAon plc | AddedHistory | 59,6334,447 | +55,186+1,241.0% | $21.3M$1.59M | +$19.7M | 0.4%<0.1% | +0.37 |
| HDBHDFC Bank Ltd | UnchangedConverted for a 2-for-1 splitHistory | 595,858595,524 | 00.0% | $20.4M$22.8M | $0 | 0.4%0.5% | −0.15 |
| ONCBeOne Medicines Ltd. | UnchangedHistory | 55,60455,604 | 00.0% | $18.9M$13.5M | $0 | 0.4%0.3% | +0.05 |
| Uniti Group Inc.91325VAB4 | New– | –0 | – | $18.0M$0 | +$18.0M | 0.3%0.0% | +0.34 |
| QGENQiagen N.V. | UnchangedHistory | 407,259407,259 | 00.0% | $18.0M$19.6M | $0 | 0.3%0.5% | −0.12 |
| Global X FDS37954Y350 | Reduced– | 684,400687,900 | −3,500−0.5% | $16.3M$16.0M | −$83.2K | 0.3%0.4% | −0.06 |
| iShares Inc46434G822 | Unchanged– | 198,666198,666 | 00.0% | $15.9M$14.9M | $0 | 0.3%0.3% | −0.04 |
| SUSuncor Energy Inc | UnchangedHistory | 353,855353,855 | 00.0% | $14.8M$13.3M | $0 | 0.3%0.3% | −0.03 |
| CVXChevron Corp | AddedHistory | 92,40544,575 | +47,830+107.3% | $14.3M$6.38M | +$7.43M | 0.3%0.1% | +0.12 |
| LINLinde PLC | ReducedHistory | 29,00131,512 | −2,511−8.0% | $13.8M$14.8M | −$1.19M | 0.3%0.3% | −0.08 |
| EOSEEos Energy Enterprises, Inc. | UnchangedHistory | 1,204,4301,204,430 | 00.0% | $13.7M$6.17M | $0 | 0.3%0.1% | +0.12 |
| CTGOContango Silver & Gold Inc. | UnchangedHistory | 476,190476,190 | 00.0% | $11.9M$9.28M | $0 | 0.2%0.2% | +0.01 |
| XOMExxonMobil Holdings Corp | ReducedHistory | 102,087123,982 | −21,895−17.7% | $11.5M$13.4M | −$2.47M | 0.2%0.3% | −0.09 |
| Vanguard Information Technology ETF92204A702 | Unchanged– | 15,41115,411 | 00.0% | $11.5M$10.2M | $0 | 0.2%0.2% | −0.02 |
| YUMCYum China Holdings, Inc. | ReducedHistory | 259,487260,846 | −1,359−0.5% | $11.1M$11.7M | −$58.3K | 0.2%0.3% | −0.06 |
| COPConocoPhillips | AddedHistory | 112,811112,582 | +229+0.2% | $10.7M$10.1M | +$21.7K | 0.2%0.2% | −0.03 |
| Ziff Davis, Inc.48123VAH5 | –– | –– | – | $9.64M$9.32M | – | 0.2%0.2% | −0.03 |
| NEMNEWMONT Corp | AddedHistory | 113,77685,561 | +28,215+33.0% | $9.59M$4.98M | +$2.38M | 0.2%0.1% | +0.07 |
| ENBEnbridge Inc | UnchangedHistory | 185,942185,942 | 00.0% | $9.38M$8.44M | $0 | 0.2%0.2% | −0.02 |
| Invesco Nasdaq 100 ETF46138G649 | Reduced– | 37,05638,276 | −1,220−3.2% | $9.16M$8.69M | −$301.5K | 0.2%0.2% | −0.03 |
| NBRNabors Industries Ltd | UnchangedHistory | 212,527212,527 | 00.0% | $8.69M$5.96M | $0 | 0.2%0.1% | +0.03 |
| VALEVale S.A. | UnchangedHistory | 792,650792,650 | 00.0% | $8.61M$7.70M | $0 | 0.2%0.2% | −0.02 |
| VNETVNET Group, Inc. | UnchangedHistory | 832,077832,077 | 00.0% | $8.60M$5.74M | $0 | 0.2%0.1% | +0.03 |
| ITUBItau Unibanco Holding S.A. | ReducedHistory | 1,134,3261,208,149 | −73,823−6.1% | $8.33M$8.20M | −$541.9K | 0.2%0.2% | −0.03 |
| BAPCredicorp Ltd | ReducedHistory | 30,71234,737 | −4,025−11.6% | $8.18M$7.76M | −$1.07M | 0.2%0.2% | −0.03 |
| iShares Tr464288711 | New– | 102,7070 | +102,707 | $7.98M$0 | +$7.98M | 0.2%0.0% | +0.15 |
| CTVACorteva, Inc. | ReducedHistory | 117,723178,273 | −60,550−34.0% | $7.96M$13.3M | −$4.09M | 0.2%0.3% | −0.16 |
| ADMArcher-Daniels-Midland Co | AddedHistory | 132,10525,136 | +106,969+425.6% | $7.89M$1.33M | +$6.39M | 0.2%<0.1% | +0.12 |
| EOGEOG Resources Inc | UnchangedHistory | 69,64369,643 | 00.0% | $7.81M$8.33M | $0 | 0.1%0.2% | −0.05 |
| AEMAgnico Eagle Mines Ltd | UnchangedHistory | 45,02945,029 | 00.0% | $7.58M$5.37M | $0 | 0.1%0.1% | +0.02 |
| DARDarling Ingredients Inc. | AddedHistory | 243,613159,457 | +84,156+52.8% | $7.52M$6.05M | +$2.60M | 0.1%0.1% | 0.00 |
| FMXMexican Economic Development Inc | UnchangedHistory | 72,61772,617 | 00.0% | $7.16M$7.48M | $0 | 0.1%0.2% | −0.04 |
| Vanguard Scottsdale FDS92206C813 | Added– | 89,94035,856 | +54,084+150.8% | $6.98M$2.72M | +$4.20M | 0.1%0.1% | +0.07 |
| MSFTMicrosoft Corp | UnchangedHistory | 13,48213,482 | 00.0% | $6.98M$6.71M | $0 | 0.1%0.2% | −0.02 |
| EQTEQT Corp | AddedHistory | 126,78664,470 | +62,316+96.7% | $6.90M$3.76M | +$3.39M | 0.1%0.1% | +0.04 |
| NVDANVIDIA Corp | ReducedHistory | 35,85837,922 | −2,064−5.4% | $6.69M$5.99M | −$385.1K | 0.1%0.1% | −0.01 |
| AXIAYAXIA Energia S.A. | UnchangedHistory | 674,385674,385 | 00.0% | $6.69M$5.01M | $0 | 0.1%0.1% | +0.01 |
| PAASPan American Silver Corp | ReducedHistory | 168,158252,174 | −84,016−33.3% | $6.51M$7.16M | −$3.25M | 0.1%0.2% | −0.04 |
| FNFabrinet | ReducedHistory | 17,03321,488 | −4,455−20.7% | $6.21M$6.33M | −$1.62M | 0.1%0.1% | −0.03 |
| GLDSPDR Gold Trust | UnchangedHistory | 17,39317,393 | 00.0% | $6.17M$5.29M | $0 | 0.1%0.1% | −0.01 |
| iShares Inc464286608 | Reduced– | 99,439177,170 | −77,731−43.9% | $6.16M$10.5M | −$4.81M | 0.1%0.2% | −0.13 |
| NUENucor Corp | UnchangedHistory | 44,64644,646 | 00.0% | $6.05M$5.78M | $0 | 0.1%0.1% | −0.02 |
| CPTCamden Property Trust | UnchangedHistory | 57,10457,104 | 00.0% | $5.69M$5.71M | $0 | 0.1%0.1% | −0.03 |
| MPVBarings Participation Investors | AddedHistory | 280,341277,703 | +2,638+0.9% | $5.65M$5.58M | +$53.2K | 0.1%0.1% | −0.02 |
| AMZNAmazon Com Inc | UnchangedHistory | 23,80423,804 | 00.0% | $5.23M$5.22M | $0 | 0.1%0.1% | −0.02 |
| CIBGrupo Cibest S.A. | AddedHistory | 97,89347,837 | +50,056+104.6% | $5.08M$2.21M | +$2.60M | 0.1%0.1% | +0.05 |
| PBR.APetrobras - Petroleo Brasileiro SA | ReducedHistory | 428,646680,180 | −251,534−37.0% | $5.07M$7.85M | −$2.97M | 0.1%0.2% | −0.09 |
| First Tr Exch Traded FD III33739E108 | Reduced– | 275,381596,147 | −320,766−53.8% | $5.02M$10.6M | −$5.85M | 0.1%0.2% | −0.15 |
| NTRNutrien Ltd. | ReducedHistory | 81,69493,753 | −12,059−12.9% | $4.80M$5.46M | −$708.0K | 0.1%0.1% | −0.04 |
| FCXFreeport-McMoran Inc | NewHistory | 120,0800 | +120,080 | $4.71M$0 | +$4.71M | 0.1%0.0% | +0.09 |
| MCIBarings Corporate Investors | UnchangedHistory | 219,664219,664 | 00.0% | $4.56M$4.76M | $0 | 0.1%0.1% | −0.02 |
| TECKTeck Resources Ltd | ReducedHistory | 95,582143,379 | −47,797−33.3% | $4.20M$5.79M | −$2.10M | 0.1%0.1% | −0.06 |
| iShares Tr464288257 | Reduced– | 28,92237,409 | −8,487−22.7% | $4.00M$4.81M | −$1.17M | 0.1%0.1% | −0.04 |
| PCHPotlatchdeltic Corp | UnchangedHistory | 96,23196,231 | 00.0% | $3.92M$3.69M | $0 | 0.1%0.1% | −0.01 |
| GOOGLAlphabet Inc. | ReducedHistory | 15,03515,441 | −406−2.6% | $3.66M$2.72M | −$98.7K | 0.1%0.1% | +0.01 |
| iShares Inc464286871 | Reduced– | 163,993208,539 | −44,546−21.4% | $3.53M$4.14M | −$960.0K | 0.1%0.1% | −0.03 |
| AAPLApple Inc. | ReducedHistory | 13,66314,289 | −626−4.4% | $3.48M$2.93M | −$159.4K | 0.1%0.1% | 0.00 |
| VLOValero Energy Corp | UnchangedHistory | 19,90319,903 | 00.0% | $3.39M$2.68M | $0 | 0.1%0.1% | 0.00 |
| DEDeere & Co | UnchangedHistory | 7,3877,387 | 00.0% | $3.38M$3.76M | $0 | 0.1%0.1% | −0.02 |
| BGBunge Global SA | ReducedHistory | 38,34246,409 | −8,067−17.4% | $3.12M$3.73M | −$655.4K | 0.1%0.1% | −0.03 |
| TSCOTractor Supply Co | ReducedHistory | 54,38060,642 | −6,262−10.3% | $3.09M$3.20M | −$356.1K | 0.1%0.1% | −0.02 |
| RACEFerrari N.V. | AddedHistory | 6,3823,291 | +3,091+93.9% | $3.08M$1.61M | +$1.49M | 0.1%<0.1% | +0.02 |
| VMRKVivmark Residential | UnchangedHistory | 52,07652,076 | 00.0% | $3.07M$3.62M | $0 | 0.1%0.1% | −0.03 |
| SPDR Series Trust78464A151 | New– | 94,6560 | +94,656 | $3.06M$0 | +$3.06M | 0.1%0.0% | +0.06 |
| iShares Tr464288372 | Added– | 49,75032,327 | +17,423+53.9% | $3.04M$1.91M | +$1.06M | 0.1%<0.1% | +0.01 |
| TCPCBlackRock TCP Capital Corp. | ReducedHistory | 480,322497,580 | −17,258−3.5% | $2.98M$3.83M | −$107.0K | 0.1%0.1% | −0.03 |
| iShares Tr46435G193 | Reduced– | 121,432147,173 | −25,741−17.5% | $2.86M$3.42M | −$606.5K | 0.1%0.1% | −0.03 |
| WYWeyerhaeuser Co | UnchangedHistory | 107,546107,546 | 00.0% | $2.67M$2.76M | $0 | 0.1%0.1% | −0.01 |
| VVisa Inc. | AddedHistory | 7,5525,191 | +2,361+45.5% | $2.58M$1.84M | +$806.0K | <0.1%<0.1% | +0.01 |
| MOSMosaic Co | ReducedHistory | 73,895194,241 | −120,346−62.0% | $2.56M$7.09M | −$4.17M | <0.1%0.2% | −0.12 |
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.