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 |
|---|---|---|---|---|---|
| Muzinich & Co., Inc. | 698,945 | $6.42M | 2.02% | +212,847+43.8% | Added |
| Two Sigma Investments, LP | 733,122 | $6.73M | 0.01% | +111,926+18.0% | Added |
| Legal & General Group Plc | 750,732 | $6.90M | 0.00% | +117,776+18.6% | Added |
| Dimension Capital Management LLC | 758,943 | $6.97M | 0.98% | +117,606+18.3% | Added |
| Rivernorth Capital Management, LLC | 806,071 | $7.40M | 0.35% | +203,597+33.8% | Added |
| BlackRock, Inc. | 848,150 | $7.79M | 0.00% | −16,046−1.9% | Reduced |
| Wells Fargo & Company | 879,779 | $8.08M | 0.00% | −530.0% | Reduced |
| Franklin Resources Inc | 881,046 | $8.09M | 0.00% | −3,795−0.4% | Reduced |
| Morgan Stanley | 899,484 | $8.26M | 0.00% | +126,266+16.3% | Added |
| Diameter Capital Partners LP | 966,370 | $8.87M | 0.93% | +966,370 | New |
| Colony Group, LLC | 1,002,917 | $9.21M | 0.01% | +1,002,917 | New |
| UBS Group AG | 1,493,751 | $13.7M | 0.00% | +285,272+23.6% | Added |
| Cresset Asset Management, LLC | 1,954,688 | $17.9M | 0.08% | −159,799−7.6% | Reduced |
| Van Eck Associates Corp | 2,294,207 | $21.1M | 0.02% | −185,735−7.5% | Reduced |
| Ares Management LLC | 3,590,176 | $33.0M | 1.88% | −206,936−5.4% | Reduced |
| Private Management Group Inc | 3,765,629 | $34.6M | 1.01% | +481,172+14.6% | Added |
| Barings LLC | 13,639,681 | $125.2M | 2.31% | 00.0% | Unchanged |
| Kovitz Investment Group Partners, LLC | 0 | $0 | 0.00% | −972,322−100.0% | Sold out |
| TCG Advisory Services, LLC | 0 | $0 | 0.00% | −146,016−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −136,824−100.0% | Sold out |
| Icon Advisers Inc | 0 | $0 | 0.00% | −109,699−100.0% | Sold out |
| Prevail Innovative Wealth Advisors, LLC | 0 | $0 | 0.00% | −81,865−100.0% | Sold out |
| Bard Associates Inc | 0 | $0 | 0.00% | −54,252−100.0% | Sold out |
| Citigroup Inc | 0 | $0 | 0.00% | −53,135−100.0% | Sold out |
| Bank of Montreal | 0 | $0 | 0.00% | −40,573−100.0% | Sold out |
| Summit Financial, LLC | 0 | $0 | 0.00% | −33,529−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −31,159−100.0% | Sold out |
| Consolidated Portfolio Review Corp | 0 | $0 | 0.00% | −20,556−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −19,794−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −18,211−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −17,584−100.0% | Sold out |
| Empowered Funds, LLC | 0 | $0 | 0.00% | −14,368−100.0% | Sold out |
| Insigneo Advisory Services, LLC | 0 | $0 | 0.00% | −13,454−100.0% | Sold out |
| Krilogy Financial LLC | 0 | $0 | 0.00% | −12,948−100.0% | Sold out |
| Evergreen Capital Management LLC | 0 | $0 | 0.00% | −13,091−100.0% | Sold out |
| PFG Advisors | 0 | $0 | 0.00% | −12,835−100.0% | Sold out |
| AlphaStar Capital Management, LLC | 0 | $0 | 0.00% | −12,318−100.0% | Sold out |
| Brookstone Capital Management | 0 | $0 | 0.00% | −12,008−100.0% | Sold out |
| PharVision Advisers, LLC | 0 | $0 | 0.00% | −11,991−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −11,779−100.0% | Sold out |
| CWA Asset Management Group, LLC | 0 | $0 | 0.00% | −10,854−100.0% | Sold out |
| Mather Group, LLC. | 0 | $0 | 0.00% | −4,976−100.0% | Sold out |
| Bartlett & Co. Wealth Management LLC | 0 | $0 | 0.00% | −3,000−100.0% | Sold out |
| GWM Advisors LLC | 0 | $0 | 0.00% | −2,193−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −1,945−100.0% | Sold out |
| WFA of San Diego, LLC | 0 | $0 | 0.00% | −1,400−100.0% | Sold out |
| JPL Wealth Management, LLC | 0 | $0 | 0.00% | −953−100.0% | Sold out |
| The PNC Financial Services Group, Inc. | 0 | $0 | 0.00% | −759−100.0% | Sold out |
| Flagship Wealth Advisors, LLC | 0 | $0 | 0.00% | −243−100.0% | Sold out |
| Cobblestone Capital Advisors LLC | – | – | – | – | Not filed |