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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, 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.

Institutional holdersQ3 2025: 209 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 heldQ3 2025: $401.5M
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, Q3 2025

Shares, value and share of portfolio for each institution holding Barings BDC, Inc.; share changes are against Q2 2025.

Institutions holding BBDC in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Huntington National Bank1$90.00%00.0%Unchanged
Danske Bank A/S2$180.00%−1−33.3%Reduced
Harbour Investments, Inc.35$3070.00%−300−89.6%Reduced
SBI Securities Co., Ltd.67$5870.00%00.0%Unchanged
FMR LLC86$7530.00%00.0%Unchanged
Costello Asset Management, INC100$8760.00%00.0%Unchanged
US Bancorp151$1.32K0.00%00.0%Unchanged
Comerica Bank238$2.08K0.00%00.0%Unchanged
Flagship Wealth Advisors, LLC243$2.13K0.00%+243New
Atlantic Union Bankshares Corp600$5.26K0.00%+600New
SWAN Capital LLC603$5.28K0.00%00.0%Unchanged
Crewe Advisors LLC630$5.52K0.00%00.0%Unchanged
North Star Investment Management Corp.640$5.61K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.759$6.65K0.00%00.0%Unchanged
Citizens National Bank Trust Department879$7.70K0.00%00.0%Unchanged
JPL Wealth Management, LLC953$8.35K0.00%+953New
Founders Capital Management979$8.58K0.00%00.0%Unchanged
Harbor Asset Planning, Inc.1,000$8.76K0.01%00.0%Unchanged
Quest 10 Wealth Builders, Inc.1,029$9.02K0.01%00.0%Unchanged
Private Trust Co NA1,163$10.2K0.00%00.0%Unchanged
Westside Investment Management, Inc.1,360$11.8K0.00%+680+100.0%Added
WFA of San Diego, LLC1,400$12.3K0.01%00.0%Unchanged
Parallel Advisors, LLC1,456$12.8K0.00%00.0%Unchanged
MAI Capital Management1,594$14.0K0.00%−155−8.9%Reduced
Quarry LP1,945$17.0K0.00%+1,945New
Caldwell Sutter Capital, Inc.1,958$17.2K0.01%00.0%Unchanged
GWM Advisors LLC2,193$19.2K0.00%00.0%Unchanged
Nomura Asset Management Co Ltd2,260$19.8K0.00%00.0%Unchanged
GHP Investment Advisors, Inc.2,348$20.6K0.00%+63+2.8%Added
Sterling Capital Management LLC2,394$21.0K0.00%00.0%Unchanged
Farther Finance Advisors, LLC2,410$21.1K0.00%+2,410New
Bartlett & Co. Wealth Management LLC3,000$26.3K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co3,013$26.4K0.00%+95+3.3%Added
MPWM Advisory Solutions, LLC4,240$37.1K0.02%00.0%Unchanged
State of Alaska, Department of Revenue4,360$38.0K0.00%+4,360New
Mather Group, LLC.4,976$43.6K0.00%+4,976New
BNP Paribas Arbitrage, SA5,008$43.9K0.00%+5,008New
Larson Financial Group LLC5,328$46.7K0.00%+14+0.3%Added
Quadrant Capital Group LLC5,544$48.6K0.00%+5,544New
Signaturefd, LLC7,103$62.2K0.00%−19−0.3%Reduced
Aquatic Capital Management LLC7,322$64.1K0.00%+7,322New
Golden State Wealth Management, LLC7,784$68.2K0.01%+707+10.0%Added
Ameriflex Group, Inc.8,182$71.7K0.03%+4,091+100.0%Added
Spire Wealth Management8,977$78.6K0.00%−2,347−20.7%Reduced
BOS Asset Management, LLC10,045$88.0K0.02%00.0%Unchanged
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors10,083$88.3K0.01%+10,083New
Running Point Capital Advisors, LLC10,274$90.0K0.02%+274+2.7%Added
Bouchey Financial Group Ltd10,276$90.0K0.01%00.0%Unchanged
Steward Partners Investment Advisory, LLC10,418$91.3K0.00%−39,466−79.1%Reduced
Newbridge Financial Services Group, Inc.10,469$91.7K0.01%+940+9.9%Added
Wealth Management Partners, LLC10,500$92.0K0.03%+10,500New
Sanctuary Advisors, LLC10,715$93.9K0.00%+246+2.3%Added
Empirical Asset Management, LLC10,781$94.4K0.03%+342+3.3%Added
CWA Asset Management Group, LLC10,854$95.1K0.00%+10,854New
Merit Financial Group, LLC11,091$97.2K0.00%00.0%Unchanged
Advisory Alpha, LLC11,317$98.5K0.00%+248+2.2%Added
Sowell Financial Services LLC11,522$100.9K0.00%+24+0.2%Added
CWM, LLC11,690$102.0K0.00%+429+3.8%Added
Advisory Services Network, LLC11,779$103.2K0.00%−187−1.6%Reduced
PharVision Advisers, LLC11,991$105.0K0.06%+11,991New
Brookstone Capital Management12,008$105.2K0.00%−99−0.8%Reduced
Castleview Partners, LLC12,125$106.2K0.06%00.0%Unchanged
Register Financial Advisors LLC12,283$107.6K0.04%+52+0.4%Added
AlphaStar Capital Management, LLC12,318$107.9K0.01%+110+0.9%Added
Foundations Investment Advisors, LLC12,320$107.9K0.00%+12,320New
Focus Financial Network, Inc.12,828$112.4K0.00%−1,844−12.6%Reduced
PFG Advisors12,835$112.4K0.00%+307+2.5%Added
Jackson Hole Capital Partners, LLC12,880$112.8K0.02%+825+6.8%Added
Global Retirement Partners, LLC12,964$113.6K0.00%00.0%Unchanged
Evergreen Capital Management LLC13,091$114.7K0.00%+13,091New
Brown Advisory Inc13,200$115.6K0.00%00.0%Unchanged
Creative Financial Designs Inc13,239$116.0K0.01%+449+3.5%Added
Krilogy Financial LLC12,948$117.3K0.00%+12,948New
Insigneo Advisory Services, LLC13,454$117.9K0.01%+829+6.6%Added
Sound Income Strategies, LLC13,985$118.2K0.01%+1,228+9.6%Added
Integrity Alliance, LLC.13,754$120.5K0.01%00.0%Unchanged
Soltis Investment Advisors LLC14,038$123.0K0.01%+446+3.3%Added
Central Pacific Bank - Trust Division14,200$124.4K0.02%00.0%Unchanged
Advyzon Investment Management, LLC14,255$124.9K0.02%+496+3.6%Added
Nicholas Hoffman & Company, LLC.14,354$125.7K0.00%00.0%Unchanged
Empowered Funds, LLC14,368$125.9K0.00%+1,753+13.9%Added
Northeast Financial Group, Inc.14,686$128.6K0.03%00.0%Unchanged
Capital Advisory Group Advisory Services, LLC14,800$129.6K0.04%−2,000−11.9%Reduced
SeaCrest Wealth Management, LLC15,438$131.7K0.01%00.0%Unchanged
De Lisle Partners LLP15,305$134.1K0.02%00.0%Unchanged
Cobblestone Capital Advisors LLC15,464$135.5K0.01%+1,149+8.0%Added
Kovack Advisors, Inc.15,519$135.9K0.01%00.0%Unchanged
Cozad Asset Management Inc15,874$139.1K0.01%00.0%Unchanged
Redwood Financial Network Corp15,961$139.8K0.09%−401−2.5%Reduced
Allworth Financial LP16,556$145.0K0.00%+184+1.1%Added
Sequoia Financial Advisors, LLC16,671$146.0K0.00%−14,155−45.9%Reduced
Founders Financial Securities LLC16,726$146.5K0.01%−2,517−13.1%Reduced
Beaumont Financial Advisors, LLC17,133$150.1K0.01%+545+3.3%Added
PFG Investments, LLC17,257$151.2K0.01%+213+1.2%Added
Virtu Financial LLC17,415$153.0K0.01%−6,073−25.9%Reduced
Quadrature Capital Ltd17,584$154.1K0.00%+17,584New
Mariner, LLC17,984$157.5K0.00%−11,379−38.8%Reduced
Farmers & Merchants Trust Co of Long Beach18,087$158.4K0.03%00.0%Unchanged
Susquehanna International Group, LLP18,211$159.5K0.00%+18,211New
Sofos Investments, Inc.18,392$161.1K0.03%+18,392New