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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
Huntington National Bank1$100.00%00.0%Unchanged
Salem Investment Counselors Inc40$3820.00%00.0%Unchanged
SBI Securities Co., Ltd.67$6390.00%00.0%Unchanged
FMR LLC86$8200.00%00.0%Unchanged
Costello Asset Management, INC100$9540.00%+100New
Smartleaf Asset Management LLC162$1.56K0.00%00.0%Unchanged
Garde Capital, Inc.190$1.81K0.00%+190New
Compass Wealth Management LLC200$1.91K0.00%00.0%Unchanged
Rosenberg Matthew Hamilton210$2.00K0.00%+210New
US Bancorp232$2.21K0.00%00.0%Unchanged
Comerica Bank238$2.27K0.00%+238New
Bogart Wealth, LLC308$2.94K0.00%−133−30.2%Reduced
Harbour Investments, Inc.335$3.20K0.00%−600−64.2%Reduced
Farther Finance Advisors, LLC510$4.85K0.00%+510New
SWAN Capital LLC603$5.75K0.00%00.0%Unchanged
Crewe Advisors LLC630$6.01K0.00%00.0%Unchanged
North Star Investment Management Corp.640$6.11K0.00%00.0%Unchanged
Citizens National Bank Trust Department879$8.39K0.00%−60−6.4%Reduced
Founders Capital Management979$9.34K0.01%00.0%Unchanged
Lindbrook Capital, LLC1,119$10.7K0.00%+247+28.3%Added
Private Trust Co NA1,163$11.1K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)1,233$11.8K0.00%−199−13.9%Reduced
Parallel Advisors, LLC1,540$14.7K0.00%+158+11.4%Added
MAI Capital Management1,594$15.2K0.00%−1,594−50.0%Reduced
CIBC Private Wealth Group, LLC2,300$18.1K0.00%−2,022−46.8%Reduced
Golden State Wealth Management, LLC1,915$18.3K0.00%+1,915New
Caldwell Sutter Capital, Inc.1,958$18.7K0.01%00.0%Unchanged
GWM Advisors LLC2,193$20.9K0.00%00.0%Unchanged
GHP Investment Advisors, Inc.2,222$21.2K0.00%+2,222New
Cooperman Leon G2,643$25.2K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co2,822$26.9K0.00%−1,454−34.0%Reduced
Bartlett & Co. Wealth Management LLC3,000$28.6K0.00%00.0%Unchanged
Consultiva Wealth Management, Corp.3,000$28.6K0.10%+3,000New
Wealth Preservation Advisors, LLC3,050$29.1K0.02%+3,050New
Nomura Asset Management Co Ltd4,454$42.5K0.00%−5,690−56.1%Reduced
Nova Wealth Management, Inc.4,550$43.4K0.04%00.0%Unchanged
Mather Group, LLC.4,976$47.5K0.00%00.0%Unchanged
Pineridge Advisors LLC5,098$48.6K0.02%00.0%Unchanged
Quadrant Capital Group LLC5,755$54.9K0.00%−198−3.3%Reduced
Larson Financial Group LLC6,520$62.2K0.00%+46+0.7%Added
Cape Investment Advisory, Inc.7,744$73.9K0.03%−171−2.2%Reduced
Ameriflex Group, Inc.8,211$78.3K0.03%+293+3.7%Added
Simplex Trading, LLC9,008$85.0K0.00%+9,008New
Newbridge Financial Services Group, Inc.9,849$94.0K0.02%+1,247+14.5%Added
Signaturefd, LLC9,980$95.2K0.00%−45−0.4%Reduced
BOS Asset Management, LLC10,045$95.8K0.03%+10,045New
Empirical Asset Management, LLC10,096$96.3K0.03%+10,096New
Bouchey Financial Group Ltd10,276$98.0K0.01%00.0%Unchanged
Mindset Wealth Management, LLC10,531$100.5K0.04%−15,500−59.5%Reduced
Mercer Global Advisors Inc10,647$101.6K0.00%+10,647New
Lazard Asset Management LLC10,777$102.0K0.00%−37,202−77.5%Reduced
Advisory Alpha, LLC10,819$103.2K0.00%+234+2.2%Added
Goldman Sachs Group Inc11,083$105.7K0.00%+11,083New
ERTS Wealth Advisors, LLC11,212$107.0K0.02%−24,514−68.6%Reduced
Cambria Investment Management, L.P.11,269$107.5K0.01%−17,300−60.6%Reduced
Resources Investment Advisors, LLC.11,275$107.6K0.00%00.0%Unchanged
Spire Wealth Management11,654$111.2K0.00%00.0%Unchanged
Citigroup Inc11,754$112.1K0.00%+6,611+128.5%Added
Sowell Financial Services LLC11,899$113.5K0.01%+11,899New
Sanctuary Advisors, LLC11,969$114.2K0.00%−979−7.6%Reduced
Jackson Hole Capital Partners, LLC12,055$115.0K0.02%00.0%Unchanged
Brookstone Capital Management12,106$115.5K0.00%−1,496−11.0%Reduced
Register Financial Advisors LLC12,178$116.2K0.06%+47+0.4%Added
Insigneo Advisory Services, LLC12,182$116.2K0.01%+286+2.4%Added
AlphaStar Capital Management, LLC12,199$116.4K0.01%−2,738−18.3%Reduced
CWM, LLC12,515$119.0K0.00%−2,103−14.4%Reduced
Sound Income Strategies, LLC12,730$121.4K0.01%−248−1.9%Reduced
Soltis Investment Advisors LLC13,146$125.4K0.01%+13,146New
Brown Advisory Inc13,200$125.9K0.00%00.0%Unchanged
Hutchens & Kramer Investment Management Group, LLC13,285$126.7K0.07%00.0%Unchanged
Citadel Advisors LLC13,386$127.7K0.00%+13,386New
Empowered Funds, LLC13,761$131.3K0.00%+13,761New
WealthPlan Investment Management, LLC13,931$132.9K0.01%00.0%Unchanged
Advisory Services Network, LLC13,966$133.2K0.00%+2,100+17.7%Added
Integrity Alliance, LLC.14,016$133.7K0.01%+262+1.9%Added
Central Pacific Bank - Trust Division14,200$135.5K0.02%00.0%Unchanged
Nicholas Hoffman & Company, LLC.14,354$136.9K0.01%00.0%Unchanged
First National Trust Co14,686$140.1K0.01%00.0%Unchanged
Focus Financial Network, Inc.14,788$141.1K0.01%00.0%Unchanged
Kingstone Capital Partners Texas, LLC14,870$142.0K0.11%+790+5.6%Added
Creative Financial Designs Inc14,904$142.2K0.01%+39+0.3%Added
Allworth Financial LP16,140$142.5K0.00%+25+0.2%Added
De Lisle Partners LLP15,305$146.0K0.02%00.0%Unchanged
Centiva Capital, LP15,328$146.2K0.01%+15,328New
Kovack Advisors, Inc.15,406$147.0K0.02%00.0%Unchanged
Brevan Howard Capital Management LP15,796$150.7K0.00%+3,841+32.1%Added
Cozad Asset Management Inc15,874$151.4K0.02%00.0%Unchanged
Beaumont Financial Advisors, LLC16,044$153.1K0.01%+504+3.2%Added
Capital Advisory Group Advisory Services, LLC16,200$154.5K0.06%−2,100−11.5%Reduced
Cobblestone Capital Advisors LLC16,280$155.3K0.01%−2,072−11.3%Reduced
Armor Investment Advisors, LLC16,300$155.5K0.06%+1,700+11.6%Added
Redwood Financial Network Corp16,362$156.1K0.12%00.0%Unchanged
Guggenheim Capital LLC16,527$157.7K0.00%−11,105−40.2%Reduced
Kingswood Wealth Advisors, LLC16,611$158.0K0.01%−16,181−49.3%Reduced
Avantax Advisory Services, Inc.16,609$158.5K0.00%+469+2.9%Added
PFG Investments, LLC16,831$160.6K0.01%+4,563+37.2%Added
Western Wealth Management, LLC16,905$161.3K0.01%−350−2.0%Reduced
Cary Street Partners Financial LLC17,239$164.5K0.01%00.0%Unchanged
Castleview Partners, LLC17,424$166.2K0.11%−2,641−13.2%Reduced
Quadrature Capital Ltd17,740$169.0K0.00%+17,740New