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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, Q2 2025

Institutional positions in Barings BDC, Inc. as of Jun 30, 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
195
−13 vs. Q1 2025
Shares held
45.2M
+854.6K (+1.9%) vs. Q1 2025
Total value
$412.8M
−$9.72M (−2.3%) vs. Q1 2025
New holders
25
77 more added
Sold out
38
56 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 195 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 heldQ2 2025: $412.8M
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, Q2 2025

Shares, value and share of portfolio for each institution holding Barings BDC, Inc.; share changes are against Q1 2025.

Institutions holding BBDC in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Barings LLC13,639,681$124.7M2.91%00.0%Unchanged
Ares Management LLC3,797,112$34.7M1.77%+190,016+5.3%Added
Private Management Group Inc3,156,257$28.8M0.94%+59,813+1.9%Added
Van Eck Associates Corp2,343,401$21.4M0.02%+169,671+7.8%Added
Cresset Asset Management, LLC1,999,478$18.3M0.09%+39,548+2.0%Added
UBS Group AG1,181,060$10.8M0.00%+330,231+38.8%Added
Invesco Ltd.1,120,093$10.2M0.00%+14,377+1.3%Added
Two Sigma Advisers, LP1,089,200$9.96M0.02%−218,700−16.7%Reduced
Kovitz Investment Group Partners, LLC1,040,546$9.51M0.04%−32,594−3.0%Reduced
Morgan Stanley861,363$7.87M0.00%−100,698−10.5%Reduced
Wells Fargo & Company838,365$7.66M0.00%+23,257+2.9%Added
Franklin Resources Inc826,659$7.56M0.00%+126,688+18.1%Added
Legal & General Group Plc716,611$6.55M0.00%+23,331+3.4%Added
BlackRock, Inc.635,048$5.80M0.00%+107,494+20.4%Added
Dimension Capital Management LLC584,931$5.35M0.84%+44,783+8.3%Added
Two Sigma Investments, LP562,562$5.14M0.01%−169,727−23.2%Reduced
Bank of America Corp476,325$4.35M0.00%+8,407+1.8%Added
BI Asset Management Fondsmaeglerselskab A/S439,346$4.02M0.04%+66,736+17.9%Added
Confluence Investment Management LLC422,892$3.87M0.05%−96,887−18.6%Reduced
Advisors Asset Management, Inc.413,259$3.78M0.07%+13,975+3.5%Added
Rivernorth Capital Management, LLC411,254$3.76M0.21%+411,254New
Tudor Investment Corp Et Al405,104$3.70M0.03%−67,763−14.3%Reduced
Green Square Capital Advisors LLC359,280$3.28M0.39%+298,122+487.5%Added
Raymond James Financial Inc337,247$3.08M0.00%+13,771+4.3%Added
Advisor Group Holdings, Inc.336,307$3.08M0.01%−12,873−3.7%Reduced
Financial Gravity Companies, Inc.306,055$2.80M0.55%+306,055New
Sumitomo Mitsui Trust Holdings, Inc.291,373$2.66M0.00%+28,463+10.8%Added
Muzinich & Co., Inc.291,373$2.66M1.22%+28,463+10.8%Added
Trexquant Investment LP289,844$2.65M0.03%+142,721+97.0%Added
Callodine Capital Management, LP284,024$2.60M0.27%−15,976−5.3%Reduced
LPL Financial LLC280,711$2.57M0.00%−13,655−4.6%Reduced
Hennion & Walsh Asset Management, Inc.242,327$2.21M0.09%−132,565−35.4%Reduced
Neuberger Berman Group LLC240,317$2.20M0.00%+23,694+10.9%Added
Skandinaviska Enskilda Banken AB (publ)239,440$2.19M0.01%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.217,821$1.99M0.01%+10,664+5.1%Added
Caliber Wealth Management, LLC210,592$1.92M0.21%−30,534−12.7%Reduced
Bulldog Investors, LLP210,501$1.92M0.49%+210,501New
Wealth Enhancement Advisory Services, LLC156,268$1.45M0.00%+3,928+2.6%Added
Y-Intercept (Hong Kong) Ltd142,749$1.30M0.03%+142,749New
HighTower Advisors, LLC140,788$1.29M0.00%00.0%Unchanged
Denali Advisors LLC134,504$1.23M0.13%−3,649−2.6%Reduced
Cliffwater LLC126,753$1.16M0.24%00.0%Unchanged
JPMorgan Chase & Co116,149$1.06M0.00%−35,244−23.3%Reduced
Wiley Bros.-Aintree Capital, LLC100,086$914.8K0.01%+2,025+2.1%Added
Virtus Investment Advisers, Inc.92,258$843.2K0.29%+3,324+3.7%Added
Nilsine Partners, LLC90,011$822.7K0.08%+90,011New
Great West Life Assurance Co89,210$817.0K0.00%−1,906−2.1%Reduced
Cetera Investment Advisers82,171$751.0K0.00%+6,681+8.9%Added
MML Investors Services, LLC74,970$685.0K0.00%+19,639+35.5%Added
Kestra Advisory Services, LLC73,670$673.3K0.00%+14,144+23.8%Added
Ethos Financial Group, LLC72,924$666.5K0.06%+8,439+13.1%Added
Bard Associates Inc67,319$615.3K0.20%−550−0.8%Reduced
Northern Trust Corp63,262$578.2K0.00%+37,341+144.1%Added
Apollon Wealth Management, LLC62,722$573.3K0.01%+10,988+21.2%Added
Prime Capital Investment Advisors, LLC62,165$568.2K0.01%−8,968−12.6%Reduced
Royal Bank of Canada60,673$555.0K0.00%+23,557+63.5%Added
Campbell & CO Investment Adviser LLC58,776$537.2K0.03%+39,574+206.1%Added
HighPoint Advisor Group LLC58,303$532.9K0.03%+345+0.6%Added
Commonwealth Equity Services, LLC55,848$510.0K0.00%−5,890−9.5%Reduced
Lido Advisors, LLC55,447$506.8K0.00%−10,878−16.4%Reduced
Sunbelt Securities, Inc.52,883$506.1K0.04%+4,048+8.3%Added
Steward Partners Investment Advisory, LLC49,884$455.9K0.00%−6,666−11.8%Reduced
Warren Averett Asset Management, LLC44,283$404.7K0.00%−1,864−4.0%Reduced
Koshinski Asset Management, Inc.43,977$401.9K0.03%+365+0.8%Added
Stifel Financial Corp43,423$396.9K0.00%−9,150−17.4%Reduced
Marshall Wace, LLP42,529$388.7K0.00%−56,900−57.2%Reduced
Mercer Global Advisors Inc41,642$380.6K0.00%+30,995+291.1%Added
Citigroup Inc38,908$355.6K0.00%+27,154+231.0%Added
Verition Fund Management LLC38,600$352.8K0.00%−11,614−23.1%Reduced
Arete Wealth Advisors, LLC36,725$336.0K0.02%+237+0.6%Added
LSV Asset Management36,100$330.0K0.00%00.0%Unchanged
Change Path, LLC34,696$317.1K0.01%+1,129+3.4%Added
Eagle Global Advisors LLC34,295$313.5K0.01%+6,325+22.6%Added
Raleigh Capital Management Inc.32,785$299.7K0.13%+106+0.3%Added
Resources Investment Advisors, LLC.32,569$297.7K0.00%+21,294+188.9%Added
RMB Capital Management, LLC31,772$290.4K0.01%+2,400+8.2%Added
Sequoia Financial Advisors, LLC30,826$281.8K0.00%−1,817−5.6%Reduced
Envestnet Asset Management Inc29,696$271.4K0.00%−4,450−13.0%Reduced
Ameriprise Financial Inc29,669$271.2K0.00%+2,100+7.6%Added
Ausdal Financial Partners, Inc.29,403$268.7K0.02%+1,408+5.0%Added
Mariner, LLC29,363$268.4K0.00%+2,068+7.6%Added
Sigma Planning Corp29,155$266.5K0.01%+1,597+5.8%Added
Creative Planning27,943$255.4K0.00%+260+0.9%Added
Arkadios Wealth Advisors26,746$244.5K0.01%+374+1.4%Added
Essex Financial Services, Inc.26,320$240.6K0.02%+28+0.1%Added
Quantbot Technologies LP25,792$235.7K0.01%+25,792New
Gotham Asset Management, LLC25,000$228.5K0.00%00.0%Unchanged
Wedbush Securities Inc24,866$227.0K0.01%−5,580−18.3%Reduced
Triumph Capital Management24,366$222.7K0.07%00.0%Unchanged
Brevan Howard Capital Management LP24,263$221.8K0.00%+8,467+53.6%Added
Cary Street Partners Financial LLC24,171$220.9K0.01%+6,932+40.2%Added
Virtu Financial LLC23,488$215.0K0.01%−21,342−47.6%Reduced
Stephens Inc23,035$210.5K0.00%+178+0.8%Added
Caxton Associates LLP22,596$206.5K0.01%00.0%Unchanged
Patriot Financial Group Insurance Agency, LLC21,895$200.1K0.02%−24,706−53.0%Reduced
Chicago Partners Investment Group LLC20,674$198.1K0.01%−3,230−13.5%Reduced
Consolidated Portfolio Review Corp20,556$187.9K0.03%−805−3.8%Reduced
BFSG, LLC20,070$183.4K0.02%+190+1.0%Added
Founders Financial Securities LLC19,243$175.9K0.01%−2,012−9.5%Reduced
Geneos Wealth Management Inc.19,142$175.0K0.00%−2,824−12.9%Reduced