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, Q4 2025
Institutional positions in Barings BDC, Inc. as of Dec 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
- 217
- +9 vs. Q3 2025
- Shares held
- 47.8M
- +2.06M (+4.5%) vs. Q3 2025
- Total value
- $439.0M
- +$37.6M (+9.4%) vs. Q3 2025
- New holders
- 41
- 59 more added
- Sold out
- 32
- 66 more reduced
1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Barings BDC, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Huntington National Bank | 1 | $9 | 0.00% | 00.0% | Unchanged |
| Danske Bank A/S | 2 | $18 | 0.00% | 00.0% | Unchanged |
| Caitong International Asset Management Co., Ltd | 2 | $18 | 0.00% | +2 | New |
| Simplex Trading, LLC | 24 | $220 | 0.00% | +24 | New |
| Harbour Investments, Inc. | 35 | $321 | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 67 | $615 | 0.00% | 00.0% | Unchanged |
| FMR LLC | 86 | $789 | 0.00% | 00.0% | Unchanged |
| Hurley Capital, LLC | 97 | $890 | 0.00% | +97 | New |
| Costello Asset Management, INC | 100 | $918 | 0.00% | 00.0% | Unchanged |
| US Bancorp | 151 | $1.39K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 238 | $2.19K | 0.00% | 00.0% | Unchanged |
| Atlantic Union Bankshares Corp | 600 | $5.51K | 0.00% | 00.0% | Unchanged |
| SWAN Capital LLC | 603 | $5.54K | 0.00% | 00.0% | Unchanged |
| Crewe Advisors LLC | 630 | $5.78K | 0.00% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 675 | $6.20K | 0.00% | +35+5.5% | Added |
| Citizens National Bank Trust Department | 879 | $8.07K | 0.00% | 00.0% | Unchanged |
| Kingdom Financial Group LLC. | 960 | $8.81K | 0.00% | +960 | New |
| Harbor Asset Planning, Inc. | 1,000 | $9.18K | 0.01% | 00.0% | Unchanged |
| Quest 10 Wealth Builders, Inc. | 1,029 | $9.45K | 0.01% | 00.0% | Unchanged |
| Parallel Advisors, LLC | 1,060 | $9.73K | 0.00% | −396−27.2% | Reduced |
| Private Trust Co NA | 1,163 | $10.7K | 0.00% | 00.0% | Unchanged |
| Westside Investment Management, Inc. | 1,360 | $12.6K | 0.00% | 00.0% | Unchanged |
| Basepoint Wealth LLC | 1,440 | $13.2K | 0.01% | +1,440 | New |
| SageView Advisory Group, LLC | 1,479 | $13.6K | 0.00% | +1,479 | New |
| MAI Capital Management | 1,594 | $14.6K | 0.00% | 00.0% | Unchanged |
| Nomura Asset Management Co Ltd | 1,714 | $15.7K | 0.00% | −546−24.2% | Reduced |
| Founders Capital Management | 1,779 | $16.3K | 0.01% | +800+81.7% | Added |
| Caldwell Sutter Capital, Inc. | 1,958 | $18.0K | 0.01% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 2,000 | $18.4K | 0.00% | +2,000 | New |
| Sterling Capital Management LLC | 2,394 | $22.0K | 0.00% | 00.0% | Unchanged |
| GHP Investment Advisors, Inc. | 2,415 | $22.2K | 0.00% | +67+2.9% | Added |
| Northwestern Mutual Wealth Management Co | 3,101 | $28.5K | 0.00% | +88+2.9% | Added |
| Spire Wealth Management | 3,648 | $33.5K | 0.00% | −5,329−59.4% | Reduced |
| BNP Paribas Arbitrage, SA | 3,699 | $34.0K | 0.00% | −1,309−26.1% | Reduced |
| Farther Finance Advisors, LLC | 3,992 | $36.6K | 0.00% | +1,582+65.6% | Added |
| MPWM Advisory Solutions, LLC | 4,240 | $38.9K | 0.02% | 00.0% | Unchanged |
| State of Alaska, Department of Revenue | 4,360 | $40.0K | 0.00% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 4,925 | $45.2K | 0.00% | −619−11.2% | Reduced |
| Flagship Harbor Advisors, LLC | 5,064 | $46.5K | 0.00% | +5,064 | New |
| Larson Financial Group LLC | 5,243 | $48.1K | 0.00% | −85−1.6% | Reduced |
| Tower Research Capital LLC (TRC) | 5,807 | $53.3K | 0.00% | +5,807 | New |
| Cape Investment Advisory, Inc. | 6,176 | $56.7K | 0.02% | +6,176 | New |
| Golden State Wealth Management, LLC | 7,843 | $72.0K | 0.01% | +59+0.8% | Added |
| Ameriflex Group, Inc. | 8,211 | $75.4K | 0.04% | +29+0.4% | Added |
| Newbridge Financial Services Group, Inc. | 8,282 | $76.0K | 0.01% | −2,187−20.9% | Reduced |
| Camelot Portfolios, LLC | 8,631 | $79.2K | 0.05% | +8,631 | New |
| Signaturefd, LLC | 9,666 | $88.7K | 0.00% | +2,563+36.1% | Added |
| BOS Asset Management, LLC | 10,045 | $92.2K | 0.02% | 00.0% | Unchanged |
| Capital Advisory Group Advisory Services, LLC | 10,100 | $92.7K | 0.03% | −4,700−31.8% | Reduced |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | 10,193 | $93.6K | 0.01% | +110+1.1% | Added |
| Bouchey Financial Group Ltd | 10,276 | $94.3K | 0.01% | 00.0% | Unchanged |
| Sanctuary Advisors, LLC | 10,469 | $96.1K | 0.00% | −246−2.3% | Reduced |
| Steward Partners Investment Advisory, LLC | 10,475 | $96.2K | 0.00% | +57+0.5% | Added |
| Wealth Management Partners, LLC | 10,500 | $96.4K | 0.03% | 00.0% | Unchanged |
| AE Wealth Management LLC | 10,555 | $96.9K | 0.00% | +10,555 | New |
| Running Point Capital Advisors, LLC | 10,570 | $97.0K | 0.03% | +296+2.9% | Added |
| Bridgewealth Advisory Group, LLC | 10,700 | $98.2K | 0.02% | +10,700 | New |
| Soltis Investment Advisors LLC | 10,712 | $98.3K | 0.01% | −3,326−23.7% | Reduced |
| Merit Financial Group, LLC | 11,091 | $101.8K | 0.00% | 00.0% | Unchanged |
| Empirical Asset Management, LLC | 11,093 | $101.8K | 0.03% | +312+2.9% | Added |
| Creative Financial Designs Inc | 11,216 | $103.0K | 0.01% | −2,023−15.3% | Reduced |
| Sound Income Strategies, LLC | 11,298 | $104.2K | 0.00% | −2,687−19.2% | Reduced |
| Advisory Alpha, LLC | 11,585 | $106.4K | 0.00% | +268+2.4% | Added |
| Foundations Investment Advisors, LLC | 11,695 | $107.4K | 0.00% | −625−5.1% | Reduced |
| Register Financial Advisors LLC | 12,330 | $113.2K | 0.04% | +47+0.4% | Added |
| Cerity Partners LLC | 12,417 | $114.0K | 0.00% | +12,417 | New |
| Focus Financial Network, Inc. | 12,828 | $117.8K | 0.00% | 00.0% | Unchanged |
| Chicago Partners Investment Group LLC | 12,888 | $117.9K | 0.00% | −7,551−36.9% | Reduced |
| Jackson Hole Capital Partners, LLC | 12,880 | $118.2K | 0.02% | 00.0% | Unchanged |
| Global Retirement Partners, LLC | 12,964 | $119.0K | 0.00% | 00.0% | Unchanged |
| Brown Advisory Inc | 13,200 | $121.2K | 0.00% | 00.0% | Unchanged |
| Castleview Partners, LLC | 13,566 | $124.5K | 0.06% | +1,441+11.9% | Added |
| Mariner, LLC | 13,733 | $126.1K | 0.00% | −4,251−23.6% | Reduced |
| Integrity Alliance, LLC. | 13,754 | $126.3K | 0.00% | 00.0% | Unchanged |
| Nomura Holdings Inc | 13,937 | $127.9K | 0.00% | +13,937 | New |
| Central Pacific Bank - Trust Division | 14,200 | $130.4K | 0.02% | 00.0% | Unchanged |
| Nicholas Hoffman & Company, LLC. | 14,354 | $131.8K | 0.00% | 00.0% | Unchanged |
| Northeast Financial Group, Inc. | 14,686 | $134.8K | 0.03% | 00.0% | Unchanged |
| Sequoia Financial Advisors, LLC | 14,854 | $136.4K | 0.00% | −1,817−10.9% | Reduced |
| SeaCrest Wealth Management, LLC | 15,438 | $137.7K | 0.01% | 00.0% | Unchanged |
| De Lisle Partners LLP | 15,305 | $140.5K | 0.02% | 00.0% | Unchanged |
| Kovack Advisors, Inc. | 15,519 | $142.5K | 0.01% | 00.0% | Unchanged |
| CWM, LLC | 15,623 | $143.0K | 0.00% | +3,933+33.6% | Added |
| Cozad Asset Management Inc | 15,874 | $145.7K | 0.01% | 00.0% | Unchanged |
| Redwood Financial Network Corp | 15,961 | $146.5K | 0.09% | 00.0% | Unchanged |
| ExodusPoint Capital Management, LP | 16,756 | $153.8K | 0.00% | +16,756 | New |
| Advyzon Investment Management, LLC | 16,829 | $154.5K | 0.02% | +2,574+18.1% | Added |
| Allworth Financial LP | 17,031 | $156.3K | 0.00% | +475+2.9% | Added |
| Beaumont Financial Advisors, LLC | 17,628 | $161.8K | 0.01% | +495+2.9% | Added |
| Geneos Wealth Management Inc. | 17,753 | $163.0K | 0.00% | −735−4.0% | Reduced |
| Barclays PLC | 18,000 | $165.2K | 0.00% | +18,000 | New |
| Farmers & Merchants Trust Co of Long Beach | 18,087 | $166.0K | 0.04% | 00.0% | Unchanged |
| Virtu Financial LLC | 18,166 | $167.0K | 0.01% | +751+4.3% | Added |
| Armor Investment Advisors, LLC | 18,300 | $168.0K | 0.06% | −1,500−7.6% | Reduced |
| ProShare Advisors LLC | 18,669 | $171.4K | 0.00% | −1,100−5.6% | Reduced |
| Sowell Financial Services LLC | 18,758 | $172.2K | 0.01% | +7,236+62.8% | Added |
| Aquatic Capital Management LLC | 18,884 | $173.4K | 0.00% | +11,562+157.9% | Added |
| Cary Street Partners Financial LLC | 18,889 | $173.4K | 0.00% | 00.0% | Unchanged |
| Founders Financial Securities LLC | 19,243 | $176.7K | 0.01% | +2,517+15.0% | Added |
| Patriot Financial Group Insurance Agency, LLC | 19,370 | $177.8K | 0.02% | −2,817−12.7% | Reduced |