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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, Q1 2025

Institutional positions in Barings BDC, Inc. as of Mar 31, 2025. 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
211
+16 vs. Q4 2024
Shares held
44.6M
−122.5K (−0.3%) vs. Q4 2024
Total value
$425.4M
−$2.69M (−0.6%) vs. Q4 2024
New holders
36
70 more added
Sold out
20
57 more reduced

3 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2025: 211 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 heldQ1 2025: $425.4M
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, Q1 2025

Shares, value and share of portfolio for each institution holding Barings BDC, Inc.; share changes are against Q4 2024.

Institutions holding BBDC in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Barings LLC13,639,681$130.1M3.25%00.0%Unchanged
Ares Management LLC3,607,096$34.4M2.11%00.0%Unchanged
Private Management Group Inc3,096,444$29.5M1.05%+12,208+0.4%Added
Van Eck Associates Corp2,173,730$20.7M0.03%−174,161−7.4%Reduced
Cresset Asset Management, LLC1,959,930$18.7M0.09%+231,356+13.4%Added
Two Sigma Advisers, LP1,307,900$12.5M0.03%+455,600+53.5%Added
Invesco Ltd.1,105,716$10.5M0.00%+13,839+1.3%Added
Kovitz Investment Group Partners, LLC1,073,140$10.2M0.05%+6,540+0.6%Added
Morgan Stanley962,061$9.18M0.00%+227,308+30.9%Added
UBS Group AG850,829$8.12M0.00%+278,324+48.6%Added
Wells Fargo & Company815,108$7.78M0.00%+109,480+15.5%Added
Two Sigma Investments, LP732,289$6.99M0.02%+167,834+29.7%Added
Franklin Resources Inc699,971$6.68M0.00%+273,275+64.0%Added
Legal & General Group Plc693,280$6.60M0.00%−44,514−6.0%Reduced
Dimension Capital Management LLC540,148$5.15M0.91%+37,050+7.4%Added
BlackRock, Inc.527,554$5.03M0.00%−26,941−4.9%Reduced
Confluence Investment Management LLC519,779$4.96M0.07%+2,026+0.4%Added
Tudor Investment Corp Et Al472,867$4.51M0.04%+266,402+129.0%Added
Bank of America Corp467,918$4.46M0.00%−64,574−12.1%Reduced
Advisors Asset Management, Inc.399,284$3.81M0.07%+21,416+5.7%Added
Hennion & Walsh Asset Management, Inc.374,892$3.58M0.16%−108,158−22.4%Reduced
BI Asset Management Fondsmaeglerselskab A/S372,610$3.56M0.04%+23,564+6.8%Added
Advisor Group Holdings, Inc.349,180$3.33M0.01%+30,489+9.6%Added
Raymond James Financial Inc323,476$3.09M0.00%−605,613−65.2%Reduced
Sofos Investments, Inc.301,719$2.88M0.63%+301,719New
Callodine Capital Management, LP300,000$2.86M0.48%00.0%Unchanged
LPL Financial LLC294,366$2.81M0.00%+13,903+5.0%Added
Sumitomo Mitsui Trust Holdings, Inc.262,910$2.51M0.00%+20,680+8.5%Added
Muzinich & Co., Inc.262,910$2.51M1.53%+20,680+8.5%Added
Caliber Wealth Management, LLC241,126$2.30M0.31%+241,126New
Skandinaviska Enskilda Banken AB (publ)239,440$2.28M0.01%00.0%Unchanged
Neuberger Berman Group LLC216,623$2.07M0.00%−113,228−34.3%Reduced
Cambridge Investment Research Advisors, Inc.207,157$1.98M0.01%−13,984−6.3%Reduced
D. E. Shaw & Co., Inc.171,450$1.64M0.00%+158,713+1,246.1%Added
Wealth Enhancement Advisory Services, LLC152,340$1.45M0.00%+70,691+86.6%Added
JPMorgan Chase & Co151,393$1.44M0.00%+31,775+26.6%Added
Trexquant Investment LP147,123$1.40M0.02%+18,237+14.1%Added
HighTower Advisors, LLC140,788$1.34M0.00%00.0%Unchanged
Denali Advisors LLC138,153$1.32M0.15%+11,546+9.1%Added
Cubist Systematic Strategies, LLC130,042$1.24M0.02%+130,042New
Cliffwater LLC126,753$1.21M0.32%+7,146+6.0%Added
Price T Rowe Associates Inc119,339$1.14M0.00%−192,203−61.7%Reduced
Qube Research & Technologies Ltd108,276$1.03M0.00%+24,519+29.3%Added
Icon Advisers Inc102,951$982.2K0.23%−166,351−61.8%Reduced
Marshall Wace, LLP99,429$948.6K0.00%+46,700+88.6%Added
Wiley Bros.-Aintree Capital, LLC98,061$942.4K0.01%+5,000+5.4%Added
Great West Life Assurance Co91,116$870.0K0.00%+16,060+21.4%Added
Millennium Management LLC91,137$869.4K0.00%+53,773+143.9%Added
Virtus Investment Advisers, Inc.88,934$848.4K0.23%+88,934New
Cetera Investment Advisers75,490$720.2K0.00%+651+0.9%Added
Prime Capital Investment Advisors, LLC71,133$678.6K0.01%+4,091+6.1%Added
Oxford Asset Management LLP68,665$655.1K0.30%+68,665New
Bard Associates Inc67,869$647.5K0.24%−306−0.4%Reduced
Lido Advisors, LLC66,325$632.7K0.00%−8,910−11.8%Reduced
MQS Management LLC64,640$616.7K0.35%+64,640New
Ethos Financial Group, LLC64,485$615.2K0.06%+64,485New
Commonwealth Equity Services, LLC61,738$589.0K0.00%+7,833+14.5%Added
Green Square Capital Advisors LLC61,158$583.4K0.09%−45,800−42.8%Reduced
Kestra Advisory Services, LLC59,526$567.9K0.00%−9,606−13.9%Reduced
HRT Financial LP58,226$555.0K0.00%−131,162−69.3%Reduced
Steward Partners Investment Advisory, LLC56,550$539.5K0.00%+17,072+43.2%Added
Mackenzie Financial Corp56,450$538.5K0.00%+56,450New
MML Investors Services, LLC55,331$528.0K0.00%+4,637+9.1%Added
HighPoint Advisor Group LLC57,958$510.0K0.03%−1,185−2.0%Reduced
Stifel Financial Corp52,573$501.5K0.00%−37,940−41.9%Reduced
Apollon Wealth Management, LLC51,734$493.5K0.01%−4,423−7.9%Reduced
Verition Fund Management LLC50,214$479.0K0.00%+50,214New
Sunbelt Securities, Inc.48,835$465.9K0.04%−4,048−7.7%Reduced
Patriot Financial Group Insurance Agency, LLC46,601$444.6K0.06%+24,152+107.6%Added
Warren Averett Asset Management, LLC46,147$440.2K0.01%−7,902−14.6%Reduced
Virtu Financial LLC44,830$428.0K0.02%+44,830New
Koshinski Asset Management, Inc.43,612$416.1K0.04%−3,546−7.5%Reduced
Susquehanna International Group, LLP43,508$415.1K0.00%+9,162+26.7%Added
Lansforsakringar Fondforvaltning AB (publ)39,008$372.1K0.00%+39,008New
Royal Bank of Canada37,116$354.0K0.00%−5,159−12.2%Reduced
Arete Wealth Advisors, LLC36,488$348.0K0.03%+2,384+7.0%Added
LSV Asset Management36,100$344.0K0.00%00.0%Unchanged
Envestnet Asset Management Inc34,146$325.8K0.00%+6,519+23.6%Added
Change Path, LLC33,567$320.2K0.01%−4,165−11.0%Reduced
Raleigh Capital Management Inc.32,679$311.8K0.14%−902−2.7%Reduced
Sequoia Financial Advisors, LLC32,643$311.4K0.00%−4,426−11.9%Reduced
Global Assets Advisory, LLC35,040$302.2K0.06%+23,588+206.0%Added
Wedbush Securities Inc30,446$290.0K0.01%−1,025−3.3%Reduced
RMB Capital Management, LLC29,372$280.2K0.01%00.0%Unchanged
Ausdal Financial Partners, Inc.27,995$267.1K0.02%+389+1.4%Added
Eagle Global Advisors LLC27,970$266.8K0.01%00.0%Unchanged
Creative Planning27,683$264.1K0.00%−9,072−24.7%Reduced
Ameriprise Financial Inc27,569$263.0K0.00%−59,188−68.2%Reduced
Sigma Planning Corp27,558$262.9K0.01%+9,697+54.3%Added
Mariner, LLC27,295$260.4K0.00%+16,310+148.5%Added
Jane Street Group, LLC27,073$258.3K0.00%−67,091−71.2%Reduced
Arkadios Wealth Advisors26,372$251.6K0.01%+347+1.3%Added
Essex Financial Services, Inc.26,292$250.8K0.02%+551+2.1%Added
Northern Trust Corp25,921$247.3K0.00%−43,154−62.5%Reduced
Omers Administration Corp25,800$246.1K0.00%+25,800New
Gotham Asset Management, LLC25,000$238.5K0.00%+25,000New
Triumph Capital Management24,366$232.5K0.08%00.0%Unchanged
Stephens Inc22,857$218.1K0.00%+3,724+19.5%Added
Caxton Associates LLP22,596$215.6K0.01%+22,596New
CI Private Wealth, LLC21,983$209.7K0.00%+21,983New