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 |
|---|---|---|---|---|---|
| International Assets Investment Management, LLC | 19,711 | $180.9K | 0.01% | +19,711 | New |
| Sofos Investments, Inc. | 19,761 | $181.4K | 0.03% | +1,369+7.4% | Added |
| Envestnet Asset Management Inc | 20,759 | $190.6K | 0.00% | 00.0% | Unchanged |
| TrueMark Investments, LLC | 21,967 | $201.7K | 0.04% | +1,501+7.3% | Added |
| BFSG, LLC | 22,000 | $202.0K | 0.02% | +2,700+14.0% | Added |
| Change Path, LLC | 22,025 | $202.2K | 0.00% | −6,110−21.7% | Reduced |
| Raleigh Capital Management Inc. | 22,448 | $206.1K | 0.07% | −10,443−31.8% | Reduced |
| Private Advisor Group, LLC | 23,257 | $213.5K | 0.00% | +23,257 | New |
| Stephens Inc | 24,010 | $220.4K | 0.00% | +163+0.7% | Added |
| Triumph Capital Management | 24,366 | $223.7K | 0.05% | 00.0% | Unchanged |
| Gotham Asset Management, LLC | 25,000 | $229.5K | 0.00% | 00.0% | Unchanged |
| Wedbush Securities Inc | 25,141 | $231.0K | 0.01% | +25+0.1% | Added |
| Kingstone Capital Partners Texas, LLC | 25,120 | $231.0K | 0.13% | +6,289+33.4% | Added |
| Dynamic Technology Lab Private Ltd | 26,176 | $240.0K | 0.05% | +26,176 | New |
| Seven Mile Advisory | 26,227 | $240.8K | 0.04% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 26,479 | $243.1K | 0.00% | −1,640−5.8% | Reduced |
| Creative Planning | 27,125 | $249.0K | 0.00% | −2,250−7.7% | Reduced |
| Sunbeam Capital Management, LLC | 28,257 | $259.4K | 0.15% | +8,257+41.3% | Added |
| Essex Financial Services, Inc. | 28,671 | $263.2K | 0.01% | +2,324+8.8% | Added |
| Koshinski Asset Management, Inc. | 29,434 | $270.2K | 0.02% | −11,988−28.9% | Reduced |
| Eagle Global Advisors LLC | 29,745 | $273.1K | 0.01% | −4,550−13.3% | Reduced |
| Arkadios Wealth Advisors | 30,024 | $275.6K | 0.01% | +2,904+10.7% | Added |
| Royal Bank of Canada | 30,318 | $278.0K | 0.00% | +5,384+21.6% | Added |
| Sigma Planning Corp | 30,301 | $278.2K | 0.01% | +1,764+6.2% | Added |
| Ausdal Financial Partners, Inc. | 30,580 | $280.7K | 0.01% | +583+1.9% | Added |
| RMB Capital Management, LLC | 31,793 | $291.9K | 0.01% | +21+0.1% | Added |
| Warren Averett Asset Management, LLC | 32,107 | $294.7K | 0.00% | −10,005−23.8% | Reduced |
| Western Wealth Management, LLC | 32,251 | $296.1K | 0.01% | −50−0.2% | Reduced |
| Stifel Financial Corp | 32,488 | $298.2K | 0.00% | −9,480−22.6% | Reduced |
| XTX Topco Ltd | 33,079 | $303.7K | 0.01% | +33,079 | New |
| Pensionmark Financial Group, LLC | 34,528 | $317.0K | 0.01% | +34,528 | New |
| VARCOV Co. | 34,558 | $317.2K | 0.13% | +34,558 | New |
| Massar Capital Management, LP | 35,638 | $327.2K | 0.06% | +35,638 | New |
| Resources Investment Advisors, LLC. | 35,712 | $327.8K | 0.00% | −79−0.2% | Reduced |
| Caxton Associates LLP | 35,959 | $330.1K | 0.01% | 00.0% | Unchanged |
| Campbell & CO Investment Adviser LLC | 36,359 | $333.8K | 0.02% | −19,109−34.5% | Reduced |
| Price T Rowe Associates Inc | 36,293 | $334.0K | 0.00% | +19+0.1% | Added |
| Toroso Investments, LLC | 36,720 | $337.1K | 0.00% | +36,720 | New |
| Sunbelt Securities, Inc. | 37,797 | $347.0K | 0.02% | +30+0.1% | Added |
| Verition Fund Management LLC | 38,600 | $354.3K | 0.00% | −13,449−25.8% | Reduced |
| Quantbot Technologies LP | 40,836 | $374.9K | 0.01% | +40,836 | New |
| Arete Wealth Advisors, LLC | 40,921 | $375.7K | 0.03% | 00.0% | Unchanged |
| Armis Advisers, LLC | 46,939 | $381.6K | 0.04% | +11,939+34.1% | Added |
| Mercer Global Advisors Inc | 43,270 | $397.2K | 0.00% | −2,668−5.8% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 44,812 | $411.4K | 0.01% | +44,812 | New |
| PFG Investments, LLC | 45,629 | $418.9K | 0.02% | +28,372+164.4% | Added |
| Jump Financial, LLC | 46,474 | $426.6K | 0.01% | +46,474 | New |
| LSV Asset Management | 46,700 | $429.0K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 47,644 | $437.4K | 0.01% | +47,644 | New |
| MML Investors Services, LLC | 47,656 | $437.5K | 0.00% | −36,971−43.7% | Reduced |
| Prosperity Consulting Group, LLC | 47,935 | $440.0K | 0.02% | −20,036−29.5% | Reduced |
| HighPoint Advisor Group LLC | 49,017 | $450.0K | 0.01% | −8,681−15.0% | Reduced |
| Lido Advisors, LLC | 53,353 | $467.4K | 0.00% | −2,137−3.9% | Reduced |
| Kestra Advisory Services, LLC | 52,056 | $477.9K | 0.00% | −10,266−16.5% | Reduced |
| Commonwealth Equity Services, LLC | 54,691 | $502.1K | 0.00% | −2,317−4.1% | Reduced |
| Schonfeld Strategic Advisors LLC | 57,012 | $523.4K | 0.00% | +57,012 | New |
| Northern Trust Corp | 65,934 | $605.3K | 0.00% | −6,021−8.4% | Reduced |
| Marshall Wace, LLP | 70,081 | $643.3K | 0.00% | −62,696−47.2% | Reduced |
| Virtus Investment Advisers, Inc. | 71,617 | $657.4K | 0.18% | −14,449−16.8% | Reduced |
| Apollon Wealth Management, LLC | 71,646 | $657.7K | 0.01% | +6,872+10.6% | Added |
| Millennium Management LLC | 72,849 | $668.8K | 0.00% | +49,456+211.4% | Added |
| Prime Capital Investment Advisors, LLC | 75,379 | $692.0K | 0.01% | −9,356−11.0% | Reduced |
| Cetera Investment Advisers | 80,631 | $740.2K | 0.00% | −7,246−8.2% | Reduced |
| Ethos Financial Group, LLC | 84,035 | $771.4K | 0.06% | −2,610−3.0% | Reduced |
| Saxon Interests, Inc. | 88,382 | $811.4K | 0.29% | +88,382 | New |
| Nilsine Partners, LLC | 89,451 | $821.2K | 0.07% | +2,503+2.9% | Added |
| Denali Advisors LLC | 94,100 | $863.8K | 0.10% | −19,358−17.1% | Reduced |
| Invesco Ltd. | 96,903 | $889.6K | 0.00% | −1,063,961−91.7% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 97,910 | $898.8K | 0.00% | 00.0% | Unchanged |
| Citadel Advisors LLC | 104,651 | $960.7K | 0.00% | +104,651 | New |
| SageGuard Financial Group, LLC | 107,212 | $984.2K | 0.16% | +107,212 | New |
| Thrivent Financial for Lutherans | 114,041 | $1.05M | 0.00% | +114,041 | New |
| Caliber Wealth Management, LLC | 121,753 | $1.12M | 0.12% | −31,986−20.8% | Reduced |
| Green Square Capital Advisors LLC | 122,863 | $1.13M | 0.12% | −236,417−65.8% | Reduced |
| Cliffwater LLC | 126,753 | $1.16M | 0.24% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 138,234 | $1.27M | 0.00% | +911+0.7% | Added |
| Great West Life Assurance Co | 139,327 | $1.28M | 0.00% | +7,924+6.0% | Added |
| HighTower Advisors, LLC | 140,655 | $1.29M | 0.00% | −157−0.1% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 149,937 | $1.37M | 0.00% | +1,228+0.8% | Added |
| Hennion & Walsh Asset Management, Inc. | 159,473 | $1.46M | 0.05% | −28,020−14.9% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 167,111 | $1.53M | 0.01% | +167,111 | New |
| Sbe LLC Dba Cedar Cove Wealth Partners | 193,412 | $1.78M | 0.93% | +193,412 | New |
| Closed-End Fund Advisors, Inc. | 193,447 | $1.78M | 1.05% | +193,447 | New |
| Cambridge Investment Research Advisors, Inc. | 205,362 | $1.89M | 0.00% | −27,576−11.8% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 221,630 | $2.04M | 0.02% | −245,655−52.6% | Reduced |
| Neuberger Berman Group LLC | 232,642 | $2.14M | 0.00% | −26,771−10.3% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 239,440 | $2.20M | 0.01% | 00.0% | Unchanged |
| LPL Financial LLC | 279,326 | $2.56M | 0.00% | −25,428−8.3% | Reduced |
| GraniteShares Advisors LLC | 298,668 | $2.74M | 1.67% | +298,668 | New |
| Advisor Group Holdings, Inc. | 300,784 | $2.76M | 0.00% | −28,930−8.8% | Reduced |
| Russell Investments Group, Ltd. | 301,451 | $2.77M | 0.00% | +301,451 | New |
| Bulldog Investors, LLP | 317,307 | $2.91M | 0.65% | +249,885+370.6% | Added |
| Confluence Investment Management LLC | 343,248 | $3.15M | 0.05% | −21,372−5.9% | Reduced |
| Callodine Capital Management, LP | 356,544 | $3.27M | 0.26% | +52,520+17.3% | Added |
| Jane Street Group, LLC | 384,158 | $3.53M | 0.00% | +326,527+566.6% | Added |
| Advisors Asset Management, Inc. | 391,692 | $3.60M | 0.06% | −47,510−10.8% | Reduced |
| Two Sigma Advisers, LP | 401,500 | $3.69M | 0.01% | −466,100−53.7% | Reduced |
| Bank of America Corp | 526,915 | $4.84M | 0.00% | −86,332−14.1% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 577,412 | $5.30M | 0.00% | +91,314+18.8% | Added |
| Raymond James Financial Inc | 651,222 | $5.98M | 0.00% | +496,687+321.4% | Added |