Barings LLC
- SEC CIK
- 0000009015
- Latest filing
- Aug 7, 2026
Holdings changes from Q3 2025 to Q4 2025
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 16
- Est. +$65.3M
- Added
- 45
- Est. +$200.9M
- Reduced
- 60
- Est. −$157.5M
- Sold out
- 18
- Est. −$37.6M
Portfolio value went from $5.25B to $5.43B (+$174.9M (+3.3%)); positions from 171 to 169 (−2).
All Q4 2025 holdingsAll Q3 2025 holdings
In the shares, value and % of portfolio columns, the top figure is Q4 2025 and the gray one below is Q3 2025. For stocks that split between the two quarters, Q3 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– | 1,717,4501,603,253 | +114,197+7.1% | $1.18B$1.07B | +$78.8M | 21.8%20.4% | +1.48 |
| Invesco QQQ Trust Series I46090E103 | Added– | 906,307894,407 | +11,900+1.3% | $561.4M$535.5M | +$7.37M | 10.3%10.2% | +0.15 |
| iShares Russell 2000 Growth ETF464287648 | Added– | 1,657,7501,624,450 | +33,300+2.0% | $540.0M$519.6M | +$10.8M | 10.0%9.9% | +0.06 |
| Vanguard Scottsdale FDS92206C409 | Unchanged– | 5,108,5275,108,527 | 00.0% | $407.3M$408.3M | $0 | 7.5%7.8% | −0.27 |
| iShares Tr464288646 | Unchanged– | 6,840,0276,840,027 | 00.0% | $361.7M$362.7M | $0 | 6.7%6.9% | −0.24 |
| iShares Iboxx $ Investment Grade Corporate Bond ETF464287242 | Unchanged– | 2,771,7272,771,727 | 00.0% | $305.4M$309.0M | $0 | 5.6%5.9% | −0.25 |
| Janus Detroit STR Tr47103U845 | Unchanged– | 6,000,0006,000,000 | 00.0% | $303.5M$304.7M | $0 | 5.6%5.8% | −0.21 |
| BBDCBarings BDC, Inc. | UnchangedHistory | 13,639,68113,639,681 | 00.0% | $125.2M$119.5M | $0 | 2.3%2.3% | +0.03 |
| Vanguard Total World Stock ETF922042742 | Added– | 884,856811,512 | +73,344+9.0% | $124.8M$111.8M | +$10.3M | 2.3%2.1% | +0.17 |
| Herbalife Ltd.42703MAF0 | –– | –– | – | $81.7M$57.2M | – | 1.5%1.1% | +0.42 |
| PDDPDD Holdings Inc. | AddedHistory | 654,567539,000 | +115,567+21.4% | $74.2M$71.2M | +$13.1M | 1.4%1.4% | +0.01 |
| SPYSPDR S&P 500 ETF Trust | ReducedHistory | 97,330114,785 | −17,455−15.2% | $66.4M$76.5M | −$11.9M | 1.2%1.5% | −0.23 |
| iShares Tr464287440 | Added– | 659,861631,843 | +28,018+4.4% | $63.5M$60.9M | +$2.69M | 1.2%1.2% | +0.01 |
| iShares Inc464286392 | Reduced– | 288,921311,111 | −22,190−7.1% | $53.7M$56.5M | −$4.12M | 1.0%1.1% | −0.09 |
| AUAngloGold Ashanti PLC | ReducedHistory | 539,228668,860 | −129,632−19.4% | $46.5M$47.0M | −$11.2M | 0.9%0.9% | −0.04 |
| iShares Tr46435U853 | Added– | 1,191,0001,183,000 | +8,000+0.7% | $44.5M$44.7M | +$299.2K | 0.8%0.9% | −0.03 |
| WPMWheaton Precious Metals Corp. | ReducedHistory | 378,880446,693 | −67,813−15.2% | $44.5M$50.0M | −$7.97M | 0.8%1.0% | −0.13 |
| ARXAccelerant Holdings | UnchangedHistory | 3,128,8673,128,867 | 00.0% | $41.9M$46.4M | $0 | 0.8%0.9% | −0.11 |
| iShares Tr46429B655 | Unchanged– | 780,000780,000 | 00.0% | $39.7M$39.9M | $0 | 0.7%0.8% | −0.03 |
| Parsons Corp70202LAD4 | –– | –– | – | $39.2M$34.3M | – | 0.7%0.7% | +0.07 |
| iShares S&P 500 Growth ETF464287309 | Reduced– | 269,017371,209 | −102,192−27.5% | $33.2M$44.8M | −$12.6M | 0.6%0.9% | −0.24 |
| iShares Tr464287861 | Reduced– | 472,278566,323 | −94,045−16.6% | $32.4M$37.1M | −$6.45M | 0.6%0.7% | −0.11 |
| CRHCRH Public Ltd Co | ReducedHistory | 258,726278,498 | −19,772−7.1% | $32.3M$33.4M | −$2.47M | 0.6%0.6% | −0.04 |
| Vanguard Information Technology ETF92204A702 | Added– | 38,21815,411 | +22,807+148.0% | $28.8M$11.5M | +$17.2M | 0.5%0.2% | +0.31 |
| SESea Ltd | AddedHistory | 223,923209,385 | +14,538+6.9% | $28.6M$37.4M | +$1.85M | 0.5%0.7% | −0.19 |
| BlackRock ETF Trust09290C103 | Added– | 466,291424,811 | +41,480+9.8% | $28.4M$25.1M | +$2.52M | 0.5%0.5% | +0.04 |
| NUNu Holdings Ltd. | ReducedHistory | 1,584,5051,586,267 | −1,762−0.1% | $26.5M$25.4M | −$29.5K | 0.5%0.5% | +0.01 |
| TTETotalEnergies SE | NewHistory | 406,5670 | +406,567 | $26.5M$0 | +$26.5M | 0.5%0.0% | +0.49 |
| AONAon plc | AddedHistory | 71,07759,633 | +11,444+19.2% | $25.1M$21.3M | +$4.04M | 0.5%0.4% | +0.06 |
| HDBHDFC Bank Ltd | AddedHistory | 682,813595,858 | +86,955+14.6% | $24.9M$20.4M | +$3.18M | 0.5%0.4% | +0.07 |
| Sabre GLBL Inc78573NAK8 | –– | –– | – | $22.2M$22.9M | – | 0.4%0.4% | −0.03 |
| Vanguard S&P 500 ETF922908363 | Unchanged– | 35,29935,299 | 00.0% | $22.1M$21.6M | $0 | 0.4%0.4% | 0.00 |
| QGENQiagen N.V. | UnchangedHistory | 407,259407,259 | 00.0% | $18.6M$18.0M | $0 | 0.3%0.3% | 0.00 |
| Uniti Group Inc.91325VAB4 | –– | –– | – | $18.4M$18.0M | – | 0.3%0.3% | 0.00 |
| Omnicell Com68213NAF6 | New– | –0 | – | $17.0M$0 | +$17.0M | 0.3%0.0% | +0.31 |
| Global X FDS37954Y350 | Reduced– | 651,200684,400 | −33,200−4.9% | $15.6M$16.3M | −$794.8K | 0.3%0.3% | −0.02 |
| Vanguard Scottsdale FDS92206C813 | Added– | 190,00089,940 | +100,060+111.3% | $14.4M$6.98M | +$7.59M | 0.3%0.1% | +0.13 |
| iShares Inc46434G822 | Reduced– | 177,148198,666 | −21,518−10.8% | $14.3M$15.9M | −$1.74M | 0.3%0.3% | −0.04 |
| NEMNEWMONT Corp | AddedHistory | 141,128113,776 | +27,352+24.0% | $14.1M$9.59M | +$2.73M | 0.3%0.2% | +0.08 |
| CVXChevron Corp | ReducedHistory | 92,39892,405 | −70.0% | $14.1M$14.3M | −$1.07K | 0.3%0.3% | −0.01 |
| EOSEEos Energy Enterprises, Inc. | UnchangedHistory | 1,204,4301,204,430 | 00.0% | $13.8M$13.7M | $0 | 0.3%0.3% | −0.01 |
| ONCBeOne Medicines Ltd. | ReducedHistory | 42,81555,604 | −12,789−23.0% | $13.0M$18.9M | −$3.89M | 0.2%0.4% | −0.12 |
| CTGOContango Silver & Gold Inc. | UnchangedHistory | 476,190476,190 | 00.0% | $12.6M$11.9M | $0 | 0.2%0.2% | +0.01 |
| XOMExxonMobil Holdings Corp | UnchangedHistory | 102,087102,087 | 00.0% | $12.3M$11.5M | $0 | 0.2%0.2% | +0.01 |
| FCXFreeport-McMoran Inc | AddedHistory | 235,039120,080 | +114,959+95.7% | $11.9M$4.71M | +$5.84M | 0.2%0.1% | +0.13 |
| iShares Tr464287515 | Reduced– | 108,479271,138 | −162,659−60.0% | $11.5M$31.2M | −$17.2M | 0.2%0.6% | −0.38 |
| VALEVale S.A. | AddedHistory | 878,365792,650 | +85,715+10.8% | $11.4M$8.61M | +$1.12M | 0.2%0.2% | +0.05 |
| iShares Tr464287234 | Reduced– | 197,788530,684 | −332,896−62.7% | $10.8M$28.3M | −$18.2M | 0.2%0.5% | −0.34 |
| COPConocoPhillips | AddedHistory | 114,783112,811 | +1,972+1.7% | $10.7M$10.7M | +$184.6K | 0.2%0.2% | −0.01 |
| Ziff Davis, Inc.48123VAH5 | –– | –– | – | $9.77M$9.64M | – | 0.2%0.2% | 0.00 |
| NBRNabors Industries Ltd | ReducedHistory | 179,841212,527 | −32,686−15.4% | $9.77M$8.69M | −$1.77M | 0.2%0.2% | +0.01 |
| ENBEnbridge Inc | UnchangedHistory | 185,942185,942 | 00.0% | $8.90M$9.38M | $0 | 0.2%0.2% | −0.01 |
| SCCOSouthern Copper Corp | AddedHistory | 61,4787,685 | +53,793+700.0% | $8.82M$932.7K | +$7.72M | 0.2%<0.1% | +0.14 |
| Invesco Nasdaq 100 ETF46138G649 | Reduced– | 32,67037,056 | −4,386−11.8% | $8.26M$9.16M | −$1.11M | 0.2%0.2% | −0.02 |
| BAPCredicorp Ltd | ReducedHistory | 28,28930,712 | −2,423−7.9% | $8.12M$8.18M | −$695.4K | 0.1%0.2% | −0.01 |
| iShares Tr464288711 | Unchanged– | 102,707102,707 | 00.0% | $8.08M$7.98M | $0 | 0.1%0.2% | 0.00 |
| FMXMexican Economic Development Inc | AddedHistory | 79,21772,617 | +6,600+9.1% | $8.01M$7.16M | +$667.1K | 0.1%0.1% | +0.01 |
| EOGEOG Resources Inc | AddedHistory | 75,91669,643 | +6,273+9.0% | $7.97M$7.81M | +$658.7K | 0.1%0.1% | 0.00 |
| NTRNutrien Ltd. | AddedHistory | 126,80881,694 | +45,114+55.2% | $7.83M$4.80M | +$2.78M | 0.1%0.1% | +0.05 |
| FNFabrinet | UnchangedHistory | 17,03317,033 | 00.0% | $7.75M$6.21M | $0 | 0.1%0.1% | +0.02 |
| AEMAgnico Eagle Mines Ltd | UnchangedHistory | 45,02945,029 | 00.0% | $7.64M$7.58M | $0 | 0.1%0.1% | 0.00 |
| PAASPan American Silver Corp | ReducedHistory | 138,681168,158 | −29,477−17.5% | $7.19M$6.51M | −$1.53M | 0.1%0.1% | +0.01 |
| DARDarling Ingredients Inc. | ReducedHistory | 189,772243,613 | −53,841−22.1% | $6.83M$7.52M | −$1.94M | 0.1%0.1% | −0.02 |
| EQTEQT Corp | UnchangedHistory | 126,786126,786 | 00.0% | $6.80M$6.90M | $0 | 0.1%0.1% | −0.01 |
| AXIAYAXIA Energia S.A. | AddedHistory | 723,802674,385 | +49,417+7.3% | $6.63M$6.69M | +$452.7K | 0.1%0.1% | −0.01 |
| MSFTMicrosoft Corp | AddedHistory | 13,59813,482 | +116+0.9% | $6.58M$6.98M | +$56.1K | 0.1%0.1% | −0.01 |
| ITUBItau Unibanco Holding S.A. | ReducedHistory | 891,8211,134,326 | −242,505−21.4% | $6.39M$8.33M | −$1.74M | 0.1%0.2% | −0.04 |
| iShares Inc464286608 | Unchanged– | 99,43999,439 | 00.0% | $6.37M$6.16M | $0 | 0.1%0.1% | 0.00 |
| CPTCamden Property Trust | UnchangedHistory | 57,10457,104 | 00.0% | $6.29M$5.69M | $0 | 0.1%0.1% | +0.01 |
| TECKTeck Resources Ltd | AddedHistory | 129,60995,582 | +34,027+35.6% | $6.21M$4.20M | +$1.63M | 0.1%0.1% | +0.03 |
| VanEck ETF Trust92189F106 | Added– | 68,0478,113 | +59,934+738.7% | $5.84M$619.8K | +$5.14M | 0.1%<0.1% | +0.10 |
| NVDANVIDIA Corp | ReducedHistory | 30,75035,858 | −5,108−14.2% | $5.73M$6.69M | −$952.6K | 0.1%0.1% | −0.02 |
| EPAMEPAM Systems, Inc. | NewHistory | 26,4860 | +26,486 | $5.43M$0 | +$5.43M | 0.1%0.0% | +0.10 |
| SQMChemical & Mining Co of Chile Inc | NewHistory | 77,3120 | +77,312 | $5.32M$0 | +$5.32M | 0.1%0.0% | +0.10 |
| CTVACorteva, Inc. | ReducedHistory | 74,807117,723 | −42,916−36.5% | $5.01M$7.96M | −$2.88M | 0.1%0.2% | −0.06 |
| PBR.APetrobras - Petroleo Brasileiro SA | UnchangedHistory | 428,646428,646 | 00.0% | $4.83M$5.07M | $0 | 0.1%0.1% | −0.01 |
| iShares Tr464288257 | Added– | 33,42828,922 | +4,506+15.6% | $4.73M$4.00M | +$637.6K | 0.1%0.1% | +0.01 |
| AMZNAmazon Com Inc | ReducedHistory | 19,79923,804 | −4,005−16.8% | $4.57M$5.23M | −$924.4K | 0.1%0.1% | −0.02 |
| MPVBarings Participation Investors | AddedHistory | 283,014280,341 | +2,673+1.0% | $4.50M$5.65M | +$42.5K | 0.1%0.1% | −0.02 |
| CTRACoterra Energy Inc. | AddedHistory | 167,62685,328 | +82,298+96.4% | $4.41M$2.02M | +$2.17M | 0.1%<0.1% | +0.04 |
| LINLinde PLC | ReducedHistory | 9,60429,001 | −19,397−66.9% | $4.10M$13.8M | −$8.27M | 0.1%0.3% | −0.19 |
| CCJCameco Corp | AddedHistory | 44,54830,276 | +14,272+47.1% | $4.08M$2.54M | +$1.31M | 0.1%<0.1% | +0.03 |
| GOOGLAlphabet Inc. | ReducedHistory | 13,01215,035 | −2,023−13.5% | $4.07M$3.66M | −$633.2K | 0.1%0.1% | +0.01 |
| MCIBarings Corporate Investors | UnchangedHistory | 219,664219,664 | 00.0% | $3.99M$4.56M | $0 | 0.1%0.1% | −0.01 |
| BGBunge Global SA | AddedHistory | 44,65538,342 | +6,313+16.5% | $3.98M$3.12M | +$562.4K | 0.1%0.1% | +0.01 |
| iShares Tr46434V878 | New– | 78,6000 | +78,600 | $3.98M$0 | +$3.98M | 0.1%0.0% | +0.07 |
| GLDSPDR Gold Trust | ReducedHistory | 9,82817,393 | −7,565−43.5% | $3.91M$6.17M | −$3.01M | 0.1%0.1% | −0.05 |
| SUSuncor Energy Inc | ReducedHistory | 87,175353,855 | −266,680−75.4% | $3.87M$14.8M | −$11.8M | 0.1%0.3% | −0.21 |
| AAPLApple Inc. | ReducedHistory | 13,35313,663 | −310−2.3% | $3.63M$3.48M | −$84.3K | 0.1%0.1% | 0.00 |
| CFCF Industries Holdings, Inc. | AddedHistory | 45,67414,854 | +30,820+207.5% | $3.53M$1.33M | +$2.38M | 0.1%<0.1% | +0.04 |
| CIBGrupo Cibest S.A. | ReducedHistory | 54,27397,893 | −43,620−44.6% | $3.45M$5.08M | −$2.77M | 0.1%0.1% | −0.03 |
| iShares Tr464288372 | Added– | 54,80849,750 | +5,058+10.2% | $3.36M$3.04M | +$310.4K | 0.1%0.1% | 0.00 |
| ADMArcher-Daniels-Midland Co | ReducedHistory | 58,121132,105 | −73,984−56.0% | $3.34M$7.89M | −$4.25M | 0.1%0.2% | −0.09 |
| DEDeere & Co | ReducedHistory | 7,1307,387 | −257−3.5% | $3.32M$3.38M | −$119.7K | 0.1%0.1% | 0.00 |
| VMRKVivmark Residential | UnchangedHistory | 52,07652,076 | 00.0% | $3.28M$3.07M | $0 | 0.1%0.1% | 0.00 |
| VLOValero Energy Corp | UnchangedHistory | 19,90319,903 | 00.0% | $3.24M$3.39M | $0 | 0.1%0.1% | 0.00 |
| VVisa Inc. | AddedHistory | 9,2227,552 | +1,670+22.1% | $3.23M$2.58M | +$585.7K | 0.1%<0.1% | +0.01 |
| First Tr Exch Traded FD III33739E108 | Reduced– | 175,090275,381 | −100,291−36.4% | $3.19M$5.02M | −$1.83M | 0.1%0.1% | −0.04 |
| TCPCBlackRock TCP Capital Corp. | AddedHistory | 540,615480,322 | +60,293+12.6% | $2.96M$2.98M | +$329.8K | 0.1%0.1% | 0.00 |
| JPMJPMorgan Chase & Co | AddedHistory | 8,6275,713 | +2,914+51.0% | $2.78M$1.80M | +$938.9K | 0.1%<0.1% | +0.02 |
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.