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, Q3 2025
Institutional positions in Barings BDC, Inc. as of Sep 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
- 209
- +16 vs. Q2 2025
- Shares held
- 45.8M
- +950.7K (+2.1%) vs. Q2 2025
- Total value
- $401.5M
- −$8.33M (−2.0%) vs. Q2 2025
- New holders
- 33
- 78 more added
- Sold out
- 17
- 50 more reduced
2 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 201 | $428.6M |
| Q1 2026 | 210 | $392.8M |
| Q4 2025 | 217 | $439.0M |
| Q3 2025 | 209 | $401.5M |
| Q2 2025 | 195 | $412.8M |
| Q1 2025 | 211 | $425.4M |
| Q4 2024 | 198 | $431.1M |
| Q3 2024 | 199 | $434.1M |
| Q2 2024 | 191 | $426.6M |
| Q1 2024 | 199 | $439.2M |
| Q4 2023 | 203 | $408.4M |
| Q3 2023 | 209 | $436.9M |
| Q2 2023 | 210 | $405.3M |
| Q1 2023 | 217 | $422.8M |
| Q4 2022 | 221 | $439.0M |
| Q3 2022 | 204 | $443.7M |
| Q2 2022 | 217 | $495.1M |
| Q1 2022 | 211 | $527.7M |
| Q4 2021 | 114 | $464.8M |
| Q3 2021 | 111 | $465.7M |
| Q2 2021 | 114 | $458.3M |
| Q1 2021 | 107 | $436.1M |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Barings BDC, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Barings LLC | 13,639,681 | $119.5M | 2.27% | 00.0% | Unchanged |
| Ares Management LLC | 3,797,112 | $33.3M | 1.53% | 00.0% | Unchanged |
| Private Management Group Inc | 3,284,457 | $28.8M | 0.86% | +128,200+4.1% | Added |
| Van Eck Associates Corp | 2,479,942 | $21.7M | 0.02% | +136,541+5.8% | Added |
| Cresset Asset Management, LLC | 2,114,487 | $18.5M | 0.08% | +115,009+5.8% | Added |
| UBS Group AG | 1,208,479 | $10.6M | 0.00% | +27,419+2.3% | Added |
| Invesco Ltd. | 1,160,864 | $10.2M | 0.00% | +40,771+3.6% | Added |
| Kovitz Investment Group Partners, LLC | 972,322 | $8.52M | 0.03% | −68,224−6.6% | Reduced |
| Franklin Resources Inc | 884,841 | $7.75M | 0.00% | +58,182+7.0% | Added |
| Wells Fargo & Company | 879,832 | $7.71M | 0.00% | +41,467+4.9% | Added |
| Two Sigma Advisers, LP | 867,600 | $7.60M | 0.02% | −221,600−20.3% | Reduced |
| BlackRock, Inc. | 864,196 | $7.57M | 0.00% | +229,148+36.1% | Added |
| Morgan Stanley | 773,218 | $6.77M | 0.00% | −88,145−10.2% | Reduced |
| Dimension Capital Management LLC | 641,337 | $5.62M | 0.82% | +56,406+9.6% | Added |
| Legal & General Group Plc | 632,956 | $5.55M | 0.00% | −83,655−11.7% | Reduced |
| Two Sigma Investments, LP | 621,196 | $5.44M | 0.01% | +58,634+10.4% | Added |
| Bank of America Corp | 613,247 | $5.37M | 0.00% | +136,922+28.7% | Added |
| Rivernorth Capital Management, LLC | 602,474 | $5.28M | 0.30% | +191,220+46.5% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 486,098 | $4.26M | 0.00% | +194,725+66.8% | Added |
| Muzinich & Co., Inc. | 486,098 | $4.26M | 1.65% | +194,725+66.8% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 467,285 | $4.09M | 0.04% | +27,939+6.4% | Added |
| Advisors Asset Management, Inc. | 439,202 | $3.85M | 0.07% | +25,943+6.3% | Added |
| Green Square Capital Advisors LLC | 359,280 | $3.28M | 0.39% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 329,714 | $3.21M | 0.00% | −6,593−2.0% | Reduced |
| Confluence Investment Management LLC | 364,620 | $3.19M | 0.05% | −58,272−13.8% | Reduced |
| LPL Financial LLC | 304,754 | $2.67M | 0.00% | +24,043+8.6% | Added |
| Callodine Capital Management, LP | 304,024 | $2.66M | 0.23% | +20,000+7.0% | Added |
| Neuberger Berman Group LLC | 259,413 | $2.27M | 0.00% | +19,096+7.9% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 239,440 | $2.10M | 0.01% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 232,938 | $2.04M | 0.01% | +15,117+6.9% | Added |
| Hennion & Walsh Asset Management, Inc. | 187,493 | $1.64M | 0.06% | −54,834−22.6% | Reduced |
| Raymond James Financial Inc | 154,535 | $1.35M | 0.00% | −182,712−54.2% | Reduced |
| Caliber Wealth Management, LLC | 153,739 | $1.35M | 0.15% | −56,853−27.0% | Reduced |
| TCG Advisory Services, LLC | 146,016 | $1.28M | 0.05% | +146,016 | New |
| Wealth Enhancement Advisory Services, LLC | 148,709 | $1.26M | 0.00% | −7,559−4.8% | Reduced |
| HighTower Advisors, LLC | 140,812 | $1.23M | 0.00% | +240.0% | Added |
| JPMorgan Chase & Co | 137,323 | $1.20M | 0.00% | +21,174+18.2% | Added |
| Trexquant Investment LP | 136,824 | $1.20M | 0.01% | −153,020−52.8% | Reduced |
| Marshall Wace, LLP | 132,777 | $1.16M | 0.00% | +90,248+212.2% | Added |
| Great West Life Assurance Co | 131,403 | $1.16M | 0.00% | +42,193+47.3% | Added |
| Cliffwater LLC | 126,753 | $1.11M | 0.23% | 00.0% | Unchanged |
| Denali Advisors LLC | 113,458 | $993.9K | 0.11% | −21,046−15.6% | Reduced |
| Icon Advisers Inc | 109,699 | $961.0K | 0.21% | +109,699 | New |
| Wiley Bros.-Aintree Capital, LLC | 97,910 | $857.7K | 0.01% | −2,176−2.2% | Reduced |
| Cetera Investment Advisers | 87,877 | $769.8K | 0.00% | +5,706+6.9% | Added |
| Nilsine Partners, LLC | 86,948 | $761.7K | 0.07% | −3,063−3.4% | Reduced |
| Ethos Financial Group, LLC | 86,645 | $759.0K | 0.06% | +13,721+18.8% | Added |
| Virtus Investment Advisers, Inc. | 86,066 | $753.9K | 0.22% | −6,192−6.7% | Reduced |
| Prime Capital Investment Advisors, LLC | 84,735 | $742.3K | 0.01% | +22,570+36.3% | Added |
| MML Investors Services, LLC | 84,627 | $741.3K | 0.00% | +9,657+12.9% | Added |
| Prevail Innovative Wealth Advisors, LLC | 81,865 | $717.1K | 0.14% | +81,865 | New |
| Northern Trust Corp | 71,955 | $630.3K | 0.00% | +8,693+13.7% | Added |
| Prosperity Consulting Group, LLC | 67,971 | $595.4K | 0.03% | +67,971 | New |
| Bulldog Investors, LLP | 67,422 | $590.6K | 0.14% | −143,079−68.0% | Reduced |
| Apollon Wealth Management, LLC | 64,774 | $567.4K | 0.01% | +2,052+3.3% | Added |
| Kestra Advisory Services, LLC | 62,322 | $545.9K | 0.00% | −11,348−15.4% | Reduced |
| HighPoint Advisor Group LLC | 57,698 | $505.4K | 0.02% | −605−1.0% | Reduced |
| Jane Street Group, LLC | 57,631 | $504.8K | 0.00% | +57,631 | New |
| Commonwealth Equity Services, LLC | 57,008 | $499.0K | 0.00% | +1,160+2.1% | Added |
| Lido Advisors, LLC | 55,490 | $486.1K | 0.00% | +43+0.1% | Added |
| Campbell & CO Investment Adviser LLC | 55,468 | $485.9K | 0.04% | −3,308−5.6% | Reduced |
| Bard Associates Inc | 54,252 | $475.2K | 0.13% | −13,067−19.4% | Reduced |
| Citigroup Inc | 53,135 | $465.5K | 0.00% | +14,227+36.6% | Added |
| Verition Fund Management LLC | 52,049 | $455.9K | 0.00% | +13,449+34.8% | Added |
| LSV Asset Management | 46,700 | $409.0K | 0.00% | +10,600+29.4% | Added |
| Mercer Global Advisors Inc | 45,938 | $402.4K | 0.00% | +4,296+10.3% | Added |
| Warren Averett Asset Management, LLC | 42,112 | $368.9K | 0.00% | −2,171−4.9% | Reduced |
| Stifel Financial Corp | 41,968 | $367.6K | 0.00% | −1,455−3.4% | Reduced |
| Koshinski Asset Management, Inc. | 41,422 | $362.9K | 0.02% | −2,555−5.8% | Reduced |
| Arete Wealth Advisors, LLC | 40,921 | $358.0K | 0.02% | +4,196+11.4% | Added |
| Bank of Montreal | 40,573 | $355.4K | 0.00% | +40,573 | New |
| Sunbelt Securities, Inc. | 37,767 | $330.8K | 0.02% | −15,116−28.6% | Reduced |
| Price T Rowe Associates Inc | 36,274 | $318.0K | 0.00% | +36,274 | New |
| Caxton Associates LLP | 35,959 | $315.0K | 0.01% | +13,363+59.1% | Added |
| Armis Advisers, LLC | 35,000 | $315.0K | 0.03% | +35,000 | New |
| Resources Investment Advisors, LLC. | 35,791 | $313.5K | 0.00% | +3,222+9.9% | Added |
| Eagle Global Advisors LLC | 34,295 | $300.4K | 0.01% | 00.0% | Unchanged |
| Summit Financial, LLC | 33,529 | $293.7K | 0.00% | +33,529 | New |
| Raleigh Capital Management Inc. | 32,891 | $288.1K | 0.11% | +106+0.3% | Added |
| Western Wealth Management, LLC | 32,301 | $283.0K | 0.01% | +15,396+91.1% | Added |
| RMB Capital Management, LLC | 31,772 | $278.3K | 0.01% | 00.0% | Unchanged |
| Tudor Investment Corp Et Al | 31,159 | $273.0K | 0.00% | −373,945−92.3% | Reduced |
| Ausdal Financial Partners, Inc. | 29,997 | $262.8K | 0.01% | +594+2.0% | Added |
| Creative Planning | 29,375 | $257.3K | 0.00% | +1,432+5.1% | Added |
| Sigma Planning Corp | 28,537 | $250.0K | 0.01% | −618−2.1% | Reduced |
| Change Path, LLC | 28,135 | $246.5K | 0.01% | −6,561−18.9% | Reduced |
| Ameriprise Financial Inc | 28,119 | $246.3K | 0.00% | −1,550−5.2% | Reduced |
| Arkadios Wealth Advisors | 27,120 | $237.6K | 0.01% | +374+1.4% | Added |
| Essex Financial Services, Inc. | 26,347 | $230.8K | 0.01% | +27+0.1% | Added |
| Seven Mile Advisory | 26,227 | $229.8K | 0.04% | +26,227 | New |
| Wedbush Securities Inc | 25,116 | $220.0K | 0.01% | +250+1.0% | Added |
| Gotham Asset Management, LLC | 25,000 | $219.0K | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 24,934 | $218.0K | 0.00% | −35,739−58.9% | Reduced |
| Triumph Capital Management | 24,366 | $213.4K | 0.06% | 00.0% | Unchanged |
| Stephens Inc | 23,847 | $208.9K | 0.00% | +812+3.5% | Added |
| Millennium Management LLC | 23,393 | $204.9K | 0.00% | +23,393 | New |
| Patriot Financial Group Insurance Agency, LLC | 22,187 | $194.4K | 0.02% | +292+1.3% | Added |
| Chicago Partners Investment Group LLC | 20,439 | $187.0K | 0.00% | −235−1.1% | Reduced |
| Envestnet Asset Management Inc | 20,759 | $181.9K | 0.00% | −8,937−30.1% | Reduced |
| Consolidated Portfolio Review Corp | 20,556 | $180.1K | 0.02% | 00.0% | Unchanged |