Skip to main content
Livermore
Livermore
ZHEN

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
TrueMark Investments, LLC20,466$179.3K0.03%+20,466New
Sunbeam Capital Management, LLC20,000$175.2K0.11%+20,000New
Armor Investment Advisors, LLC19,800$173.4K0.05%+1,000+5.3%Added
Brevan Howard Capital Management LP19,794$173.4K0.00%−4,469−18.4%Reduced
ProShare Advisors LLC19,769$173.2K0.00%+998+5.3%Added
BFSG, LLC19,300$169.1K0.02%−770−3.8%Reduced
Cary Street Partners Financial LLC18,889$165.5K0.00%−5,282−21.9%Reduced
Kingstone Capital Partners Texas, LLC18,831$165.0K0.10%+1,898+11.2%Added
Geneos Wealth Management Inc.18,488$162.0K0.00%−654−3.4%Reduced
Sofos Investments, Inc.18,392$161.1K0.03%+18,392New
Susquehanna International Group, LLP18,211$159.5K0.00%+18,211New
Farmers & Merchants Trust Co of Long Beach18,087$158.4K0.03%00.0%Unchanged
Mariner, LLC17,984$157.5K0.00%−11,379−38.8%Reduced
Quadrature Capital Ltd17,584$154.1K0.00%+17,584New
Virtu Financial LLC17,415$153.0K0.01%−6,073−25.9%Reduced
PFG Investments, LLC17,257$151.2K0.01%+213+1.2%Added
Beaumont Financial Advisors, LLC17,133$150.1K0.01%+545+3.3%Added
Founders Financial Securities LLC16,726$146.5K0.01%−2,517−13.1%Reduced
Sequoia Financial Advisors, LLC16,671$146.0K0.00%−14,155−45.9%Reduced
Allworth Financial LP16,556$145.0K0.00%+184+1.1%Added
Redwood Financial Network Corp15,961$139.8K0.09%−401−2.5%Reduced
Cozad Asset Management Inc15,874$139.1K0.01%00.0%Unchanged
Kovack Advisors, Inc.15,519$135.9K0.01%00.0%Unchanged
Cobblestone Capital Advisors LLC15,464$135.5K0.01%+1,149+8.0%Added
De Lisle Partners LLP15,305$134.1K0.02%00.0%Unchanged
SeaCrest Wealth Management, LLC15,438$131.7K0.01%00.0%Unchanged
Capital Advisory Group Advisory Services, LLC14,800$129.6K0.04%−2,000−11.9%Reduced
Northeast Financial Group, Inc.14,686$128.6K0.03%00.0%Unchanged
Empowered Funds, LLC14,368$125.9K0.00%+1,753+13.9%Added
Nicholas Hoffman & Company, LLC.14,354$125.7K0.00%00.0%Unchanged
Advyzon Investment Management, LLC14,255$124.9K0.02%+496+3.6%Added
Central Pacific Bank - Trust Division14,200$124.4K0.02%00.0%Unchanged
Soltis Investment Advisors LLC14,038$123.0K0.01%+446+3.3%Added
Integrity Alliance, LLC.13,754$120.5K0.01%00.0%Unchanged
Sound Income Strategies, LLC13,985$118.2K0.01%+1,228+9.6%Added
Insigneo Advisory Services, LLC13,454$117.9K0.01%+829+6.6%Added
Krilogy Financial LLC12,948$117.3K0.00%+12,948New
Creative Financial Designs Inc13,239$116.0K0.01%+449+3.5%Added
Brown Advisory Inc13,200$115.6K0.00%00.0%Unchanged
Evergreen Capital Management LLC13,091$114.7K0.00%+13,091New
Global Retirement Partners, LLC12,964$113.6K0.00%00.0%Unchanged
Jackson Hole Capital Partners, LLC12,880$112.8K0.02%+825+6.8%Added
PFG Advisors12,835$112.4K0.00%+307+2.5%Added
Focus Financial Network, Inc.12,828$112.4K0.00%−1,844−12.6%Reduced
Foundations Investment Advisors, LLC12,320$107.9K0.00%+12,320New
AlphaStar Capital Management, LLC12,318$107.9K0.01%+110+0.9%Added
Register Financial Advisors LLC12,283$107.6K0.04%+52+0.4%Added
Castleview Partners, LLC12,125$106.2K0.06%00.0%Unchanged
Brookstone Capital Management12,008$105.2K0.00%−99−0.8%Reduced
PharVision Advisers, LLC11,991$105.0K0.06%+11,991New
Advisory Services Network, LLC11,779$103.2K0.00%−187−1.6%Reduced
CWM, LLC11,690$102.0K0.00%+429+3.8%Added
Sowell Financial Services LLC11,522$100.9K0.00%+24+0.2%Added
Advisory Alpha, LLC11,317$98.5K0.00%+248+2.2%Added
Merit Financial Group, LLC11,091$97.2K0.00%00.0%Unchanged
CWA Asset Management Group, LLC10,854$95.1K0.00%+10,854New
Empirical Asset Management, LLC10,781$94.4K0.03%+342+3.3%Added
Sanctuary Advisors, LLC10,715$93.9K0.00%+246+2.3%Added
Wealth Management Partners, LLC10,500$92.0K0.03%+10,500New
Newbridge Financial Services Group, Inc.10,469$91.7K0.01%+940+9.9%Added
Steward Partners Investment Advisory, LLC10,418$91.3K0.00%−39,466−79.1%Reduced
Bouchey Financial Group Ltd10,276$90.0K0.01%00.0%Unchanged
Running Point Capital Advisors, LLC10,274$90.0K0.02%+274+2.7%Added
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors10,083$88.3K0.01%+10,083New
BOS Asset Management, LLC10,045$88.0K0.02%00.0%Unchanged
Spire Wealth Management8,977$78.6K0.00%−2,347−20.7%Reduced
Ameriflex Group, Inc.8,182$71.7K0.03%+4,091+100.0%Added
Golden State Wealth Management, LLC7,784$68.2K0.01%+707+10.0%Added
Aquatic Capital Management LLC7,322$64.1K0.00%+7,322New
Signaturefd, LLC7,103$62.2K0.00%−19−0.3%Reduced
Quadrant Capital Group LLC5,544$48.6K0.00%+5,544New
Larson Financial Group LLC5,328$46.7K0.00%+14+0.3%Added
BNP Paribas Arbitrage, SA5,008$43.9K0.00%+5,008New
Mather Group, LLC.4,976$43.6K0.00%+4,976New
State of Alaska, Department of Revenue4,360$38.0K0.00%+4,360New
MPWM Advisory Solutions, LLC4,240$37.1K0.02%00.0%Unchanged
Northwestern Mutual Wealth Management Co3,013$26.4K0.00%+95+3.3%Added
Bartlett & Co. Wealth Management LLC3,000$26.3K0.00%00.0%Unchanged
Farther Finance Advisors, LLC2,410$21.1K0.00%+2,410New
Sterling Capital Management LLC2,394$21.0K0.00%00.0%Unchanged
GHP Investment Advisors, Inc.2,348$20.6K0.00%+63+2.8%Added
Nomura Asset Management Co Ltd2,260$19.8K0.00%00.0%Unchanged
GWM Advisors LLC2,193$19.2K0.00%00.0%Unchanged
Caldwell Sutter Capital, Inc.1,958$17.2K0.01%00.0%Unchanged
Quarry LP1,945$17.0K0.00%+1,945New
MAI Capital Management1,594$14.0K0.00%−155−8.9%Reduced
Parallel Advisors, LLC1,456$12.8K0.00%00.0%Unchanged
WFA of San Diego, LLC1,400$12.3K0.01%00.0%Unchanged
Westside Investment Management, Inc.1,360$11.8K0.00%+680+100.0%Added
Private Trust Co NA1,163$10.2K0.00%00.0%Unchanged
Quest 10 Wealth Builders, Inc.1,029$9.02K0.01%00.0%Unchanged
Harbor Asset Planning, Inc.1,000$8.76K0.01%00.0%Unchanged
Founders Capital Management979$8.58K0.00%00.0%Unchanged
JPL Wealth Management, LLC953$8.35K0.00%+953New
Citizens National Bank Trust Department879$7.70K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.759$6.65K0.00%00.0%Unchanged
North Star Investment Management Corp.640$5.61K0.00%00.0%Unchanged
Crewe Advisors LLC630$5.52K0.00%00.0%Unchanged
SWAN Capital LLC603$5.28K0.00%00.0%Unchanged
Atlantic Union Bankshares Corp600$5.26K0.00%+600New