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Barings BDC, Inc.

BBDC
Exchange
NYSE
SEC CIK
0001379785

No open-market purchases or sales by Barings BDC, Inc. insiders were filed in the last 90 days; 201 institutions reported holding it in 13F filings for Q2 2026, worth $428.6M in total; no superinvestor holds it.

13F holders, Q4 2024

Institutional positions in Barings BDC, Inc. as of Dec 31, 2024. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
198
+2 vs. Q3 2024
Shares held
45.0M
+2.14M (+5.0%) vs. Q3 2024
Total value
$431.1M
+$8.88M (+2.1%) vs. Q3 2024
New holders
27
67 more added
Sold out
25
54 more reduced

3 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BBDC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2024: 198 institutions
Q1 2021: 107 institutionsQ2 2021: 114 institutionsQ3 2021: 111 institutionsQ4 2021: 114 institutionsQ1 2022: 211 institutionsQ2 2022: 217 institutionsQ3 2022: 204 institutionsQ4 2022: 221 institutionsQ1 2023: 217 institutionsQ2 2023: 210 institutionsQ3 2023: 209 institutionsQ4 2023: 203 institutionsQ1 2024: 199 institutionsQ2 2024: 191 institutionsQ3 2024: 199 institutionsQ4 2024: 198 institutionsQ1 2025: 211 institutionsQ2 2025: 195 institutionsQ3 2025: 209 institutionsQ4 2025: 217 institutionsQ1 2026: 210 institutionsQ2 2026: 201 institutions
Value heldQ4 2024: $431.1M
Q1 2021: $436.1MQ2 2021: $458.3MQ3 2021: $465.7MQ4 2021: $464.8MQ1 2022: $527.7MQ2 2022: $495.1MQ3 2022: $443.7MQ4 2022: $439.0MQ1 2023: $422.8MQ2 2023: $405.3MQ3 2023: $436.9MQ4 2023: $408.4MQ1 2024: $439.2MQ2 2024: $426.6MQ3 2024: $434.1MQ4 2024: $431.1MQ1 2025: $425.4MQ2 2025: $412.8MQ3 2025: $401.5MQ4 2025: $439.0MQ1 2026: $392.8MQ2 2026: $428.6M
Institutions holding BBDC and their total value by quarter
QuarterHoldersValue
Q2 2026201$428.6M
Q1 2026210$392.8M
Q4 2025217$439.0M
Q3 2025209$401.5M
Q2 2025195$412.8M
Q1 2025211$425.4M
Q4 2024198$431.1M
Q3 2024199$434.1M
Q2 2024191$426.6M
Q1 2024199$439.2M
Q4 2023203$408.4M
Q3 2023209$436.9M
Q2 2023210$405.3M
Q1 2023217$422.8M
Q4 2022221$439.0M
Q3 2022204$443.7M
Q2 2022217$495.1M
Q1 2022211$527.7M
Q4 2021114$464.8M
Q3 2021111$465.7M
Q2 2021114$458.3M
Q1 2021107$436.1M

Institutions, Q4 2024

Shares, value and share of portfolio for each institution holding Barings BDC, Inc.; share changes are against Q3 2024.

Institutions holding BBDC in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Barings LLC13,639,681$130.5M3.10%00.0%Unchanged
Ares Management LLC3,607,096$34.5M1.21%00.0%Unchanged
Private Management Group Inc3,084,236$29.5M1.06%+83,408+2.8%Added
Van Eck Associates Corp2,347,891$22.5M0.03%+79,994+3.5%Added
Cresset Asset Management, LLC1,728,574$16.5M0.08%+1,728,574New
Punch & Associates Investment Management, Inc.1,213,601$11.6M0.63%−45,830−3.6%Reduced
Invesco Ltd.1,091,877$10.4M0.00%−58,925−5.1%Reduced
Kovitz Investment Group Partners, LLC1,066,600$10.2M0.05%−16,519−1.5%Reduced
Raymond James Financial Inc929,089$8.89M0.00%+929,089New
Two Sigma Advisers, LP852,300$8.16M0.02%−150,800−15.0%Reduced
Harbor Capital Advisors, Inc.756,340$7.24M0.32%+15,781+2.1%Added
Legal & General Group Plc737,794$7.07M0.00%−19,086−2.5%Reduced
Morgan Stanley734,753$7.03M0.00%+129,364+21.4%Added
Wells Fargo & Company705,628$6.75M0.00%+324,945+85.4%Added
UBS Group AG572,505$5.48M0.00%−264,154−31.6%Reduced
Two Sigma Investments, LP564,455$5.40M0.01%−183,720−24.6%Reduced
BlackRock, Inc.554,495$5.31M0.00%+78,230+16.4%Added
Bank of America Corp532,492$5.10M0.00%−54,681−9.3%Reduced
Confluence Investment Management LLC517,753$4.95M0.07%+2,399+0.5%Added
Dimension Capital Management LLC503,098$4.81M0.79%−102,077−16.9%Reduced
Hennion & Walsh Asset Management, Inc.483,050$4.62M0.21%−55,044−10.2%Reduced
Franklin Resources Inc426,696$4.08M0.00%+103,742+32.1%Added
Advisors Asset Management, Inc.377,868$3.62M0.07%+27,209+7.8%Added
BI Asset Management Fondsmaeglerselskab A/S349,046$3.34M0.04%+31,594+10.0%Added
Neuberger Berman Group LLC329,851$3.16M0.00%+5,432+1.7%Added
Advisor Group Holdings, Inc.318,691$3.05M0.01%−20,832−6.1%Reduced
Price T Rowe Associates Inc311,542$2.98M0.00%00.0%Unchanged
Financial Gravity Companies, Inc.302,993$2.90M0.66%+296,200+4,360.4%Added
Callodine Capital Management, LP300,000$2.87M0.59%−253,270−45.8%Reduced
LPL Financial LLC280,463$2.68M0.00%−13,377−4.6%Reduced
Icon Advisers Inc269,302$2.58M0.58%+269,302New
Sumitomo Mitsui Trust Holdings, Inc.242,230$2.32M0.00%−10,288−4.1%Reduced
Muzinich & Co., Inc.242,230$2.32M1.64%−10,288−4.1%Reduced
Skandinaviska Enskilda Banken AB (publ)239,440$2.28M0.01%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.221,141$2.12M0.01%−30,451−12.1%Reduced
Tudor Investment Corp Et Al206,465$1.98M0.02%+62,831+43.7%Added
HRT Financial LP189,388$1.81M0.01%+86,133+83.4%Added
HighTower Advisors, LLC140,788$1.35M0.00%00.0%Unchanged
Trexquant Investment LP128,886$1.23M0.01%+21,957+20.5%Added
Denali Advisors LLC126,607$1.21M0.13%−27,022−17.6%Reduced
JPMorgan Chase & Co119,618$1.14M0.00%+117,036+4,532.8%Added
Cliffwater LLC119,607$1.14M0.28%00.0%Unchanged
Green Square Capital Advisors LLC106,958$1.02M0.14%+18,959+21.5%Added
Jane Street Group, LLC94,164$901.1K0.00%+62,866+200.9%Added
Wiley Bros.-Aintree Capital, LLC93,061$891.8K0.01%+3,641+4.1%Added
Stifel Financial Corp90,513$866.2K0.00%+26,403+41.2%Added
Ameriprise Financial Inc86,757$830.3K0.00%+3,239+3.9%Added
Qube Research & Technologies Ltd83,757$801.6K0.00%+11,412+15.8%Added
Wealth Enhancement Advisory Services, LLC81,649$781.4K0.00%+8,016+10.9%Added
Virtus ETF Advisers LLC81,557$780.5K0.32%+10,758+15.2%Added
Lido Advisors, LLC75,235$720.0K0.00%−25,403−25.2%Reduced
Great West Life Assurance Co75,056$718.0K0.00%−6,440−7.9%Reduced
Cetera Investment Advisers74,839$716.2K0.00%+993+1.3%Added
Kestra Advisory Services, LLC69,132$661.6K0.00%+16,252+30.7%Added
Northern Trust Corp69,075$661.0K0.00%+10,033+17.0%Added
Bard Associates Inc68,175$652.4K0.22%−2,500−3.5%Reduced
Prime Capital Investment Advisors, LLC67,042$641.6K0.01%−8,725−11.5%Reduced
HighPoint Advisor Group LLC59,143$598.5K0.03%+1,754+3.1%Added
Apollon Wealth Management, LLC56,157$537.4K0.01%−23,661−29.6%Reduced
Warren Averett Asset Management, LLC54,049$517.2K0.01%−4,002−6.9%Reduced
Commonwealth Equity Services, LLC53,905$516.0K0.00%−667−1.2%Reduced
Marshall Wace, LLP52,729$504.6K0.00%−77,971−59.7%Reduced
Sunbelt Securities, Inc.52,883$504.0K0.04%00.0%Unchanged
MML Investors Services, LLC50,694$485.0K0.00%+40,618+403.1%Added
Lazard Asset Management LLC47,979$459.0K0.00%+12,955+37.0%Added
Koshinski Asset Management, Inc.47,158$451.3K0.04%+1,282+2.8%Added
Aquatic Capital Management LLC44,667$427.5K0.01%+44,667New
Royal Bank of Canada42,275$404.0K0.00%+701+1.7%Added
Steward Partners Investment Advisory, LLC39,478$377.8K0.00%+1,565+4.1%Added
Change Path, LLC37,732$361.1K0.01%+496+1.3%Added
Millennium Management LLC37,364$357.6K0.00%+26,794+253.5%Added
Sequoia Financial Advisors, LLC37,069$354.8K0.00%−2,490−6.3%Reduced
Creative Planning36,755$351.7K0.00%−2,797−7.1%Reduced
LSV Asset Management36,100$345.0K0.00%−151,400−80.7%Reduced
ERTS Wealth Advisors, LLC35,726$341.9K0.06%00.0%Unchanged
Susquehanna International Group, LLP34,346$328.7K0.00%+15,561+82.8%Added
Arete Wealth Advisors, LLC34,104$328.0K0.02%+4,611+15.6%Added
Raleigh Capital Management Inc.33,581$321.4K0.12%+45+0.1%Added
Kingswood Wealth Advisors, LLC32,792$313.8K0.02%+32,792New
Wedbush Securities Inc31,471$301.0K0.01%+1,530+5.1%Added
RMB Capital Management, LLC29,372$281.1K0.01%00.0%Unchanged
Cambria Investment Management, L.P.28,569$273.4K0.02%+649+2.3%Added
Dynamic Technology Lab Private Ltd28,453$272.0K0.04%+4,339+18.0%Added
Eagle Global Advisors LLC27,970$267.7K0.01%−12,990−31.7%Reduced
Guggenheim Capital LLC27,632$264.4K0.00%−461−1.6%Reduced
Envestnet Asset Management Inc27,627$264.4K0.00%−853−3.0%Reduced
Ausdal Financial Partners, Inc.27,606$264.2K0.02%+3,601+15.0%Added
Mindset Wealth Management, LLC26,031$249.1K0.09%−1,000−3.7%Reduced
Arkadios Wealth Advisors26,025$249.1K0.01%−727−2.7%Reduced
Essex Financial Services, Inc.25,741$246.3K0.02%+70.0%Added
Triumph Capital Management24,366$233.2K0.08%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.23,629$226.1K0.00%+23,629New
Chicago Partners Investment Group LLC23,101$216.5K0.01%+8,293+56.0%Added
Patriot Financial Group Insurance Agency, LLC22,449$214.8K0.03%−475−2.1%Reduced
Geneos Wealth Management Inc.21,966$210.2K0.01%−3,670−14.3%Reduced
Consolidated Portfolio Review Corp21,236$203.2K0.03%+21,236New
SeaCrest Wealth Management, LLC20,806$199.1K0.02%00.0%Unchanged
Castleview Partners, LLC20,065$194.0K0.10%−11,943−37.3%Reduced
BFSG, LLC19,880$190.3K0.02%−1,130−5.4%Reduced
Stephens Inc19,133$183.1K0.00%+1,930+11.2%Added