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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, Q1 2026

Institutional positions in Barings BDC, Inc. as of Mar 31, 2026. 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
210
−4 vs. Q4 2025
Shares held
47.7M
−94.1K (−0.2%) vs. Q4 2025
Total value
$392.8M
−$46.0M (−10.5%) vs. Q4 2025
New holders
31
68 more added
Sold out
35
62 more reduced

3 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 210 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 heldQ1 2026: $392.8M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Barings BDC, Inc.; share changes are against Q4 2025.

Institutions holding BBDC in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Barings LLC13,639,681$112.3M1.81%00.0%Unchanged
Private Management Group Inc4,300,188$35.4M1.02%+534,559+14.2%Added
Ares Management LLC3,630,176$29.9M1.97%+40,000+1.1%Added
Cresset Asset Management, LLC2,324,330$19.1M0.08%+369,642+18.9%Added
Van Eck Associates Corp1,824,915$15.0M0.01%−469,292−20.5%Reduced
UBS Group AG1,582,792$13.0M0.00%+89,041+6.0%Added
Diameter Capital Partners LP1,471,800$12.1M2.32%+505,430+52.3%Added
Morgan Stanley997,816$8.21M0.00%+98,332+10.9%Added
Dimension Capital Management LLC985,162$8.11M1.14%+226,219+29.8%Added
Two Sigma Investments, LP979,333$8.06M0.01%+246,211+33.6%Added
Franklin Resources Inc970,764$7.99M0.00%+89,718+10.2%Added
Colony Group, LLC955,183$7.86M0.01%−47,734−4.8%Reduced
Wells Fargo & Company925,422$7.62M0.00%+45,643+5.2%Added
Legal & General Group Plc850,977$7.01M0.00%+100,245+13.4%Added
Russell Investments Group, Ltd.847,774$6.98M0.01%+546,323+181.2%Added
Muzinich & Co., Inc.700,459$5.76M2.02%+1,514+0.2%Added
Raymond James Financial Inc616,756$5.08M0.00%−34,466−5.3%Reduced
Sumitomo Mitsui Trust Holdings, Inc.577,412$4.75M0.00%00.0%Unchanged
BlackRock, Inc.493,714$4.06M0.00%−354,436−41.8%Reduced
Bank of America Corp447,627$3.68M0.00%−79,288−15.0%Reduced
Advisors Asset Management, Inc.407,523$3.35M0.06%+15,831+4.0%Added
Bulldog Investors, LLP334,904$2.76M0.62%+17,597+5.5%Added
Confluence Investment Management LLC307,872$2.53M0.04%−35,376−10.3%Reduced
D. E. Shaw & Co., Inc.305,877$2.52M0.00%+305,877New
LPL Financial LLC299,794$2.47M0.00%+20,468+7.3%Added
Advisor Group Holdings, Inc.279,838$2.30M0.00%−20,946−7.0%Reduced
GraniteShares Advisors LLC268,002$2.21M1.59%−30,666−10.3%Reduced
Callodine Capital Management, LP260,000$2.14M0.15%−96,544−27.1%Reduced
BI Asset Management Fondsmaeglerselskab A/S246,759$2.03M0.02%+25,129+11.3%Added
Sofos Investments, Inc.240,300$1.98M0.35%+220,539+1,116.0%Added
Neuberger Berman Group LLC226,950$1.87M0.00%−5,692−2.4%Reduced
Hennion & Walsh Asset Management, Inc.206,535$1.70M0.06%+47,062+29.5%Added
Sbe LLC Dba Cedar Cove Wealth Partners202,054$1.66M0.87%+8,642+4.5%Added
Cambridge Investment Research Advisors, Inc.195,336$1.61M0.00%−10,026−4.9%Reduced
Lansforsakringar Fondforvaltning AB (publ)185,152$1.52M0.01%+18,041+10.8%Added
TCG Advisory Services, LLC161,646$1.33M0.03%+161,646New
Green Square Capital Advisors LLC158,262$1.30M0.14%+35,399+28.8%Added
Thrivent Financial for Lutherans148,899$1.23M0.00%+34,858+30.6%Added
HighTower Advisors, LLC145,656$1.20M0.00%+5,001+3.6%Added
Cliffwater LLC126,753$1.04M0.28%00.0%Unchanged
Great West Life Assurance Co114,670$949.0K0.00%−24,657−17.7%Reduced
Invesco Ltd.110,729$911.3K0.00%+13,826+14.3%Added
SageGuard Financial Group, LLC108,117$889.8K0.14%+905+0.8%Added
Wiley Bros.-Aintree Capital, LLC101,410$834.6K0.00%+3,500+3.6%Added
Ethos Financial Group, LLC84,035$771.4K0.06%00.0%Unchanged
Saxon Interests, Inc.91,509$753.1K0.26%+3,127+3.5%Added
Denali Advisors LLC91,047$749.3K0.08%−3,053−3.2%Reduced
Wealth Enhancement Advisory Services, LLC89,521$749.3K0.00%−60,416−40.3%Reduced
Caliber Wealth Management, LLC80,650$663.8K0.07%−41,103−33.8%Reduced
Balyasny Asset Management LLC78,752$648.1K0.00%+78,752New
Dynamic Technology Lab Private Ltd76,271$627.7K0.10%+50,095+191.4%Added
Cetera Investment Advisers75,754$623.5K0.00%−4,877−6.0%Reduced
Prime Capital Investment Advisors, LLC75,366$620.3K0.01%−130.0%Reduced
Apollon Wealth Management, LLC66,399$546.5K0.01%−5,247−7.3%Reduced
Kestra Advisory Services, LLC60,737$499.9K0.00%+8,681+16.7%Added
Stifel Financial Corp60,173$495.2K0.00%+27,685+85.2%Added
Toroso Investments, LLC58,510$481.5K0.00%+21,790+59.3%Added
Virtus Investment Advisers, Inc.55,991$460.8K0.13%−15,626−21.8%Reduced
Lido Advisors, LLC52,801$434.6K0.00%−552−1.0%Reduced
Commonwealth Equity Services, LLC50,844$418.4K0.00%−3,847−7.0%Reduced
Millennium Management LLC49,828$410.1K0.00%−23,021−31.6%Reduced
Armis Advisers, LLC46,939$404.1K0.04%00.0%Unchanged
PFG Investments, LLC47,724$392.8K0.02%+2,095+4.6%Added
Brevan Howard Capital Management LP47,431$390.4K0.00%+47,431New
MQS Management LLC47,235$388.7K0.26%+47,235New
LSV Asset Management46,700$384.0K0.00%00.0%Unchanged
Campbell & CO Investment Adviser LLC45,546$374.8K0.02%+9,187+25.3%Added
MML Investors Services, LLC42,080$346.3K0.00%−5,576−11.7%Reduced
Jane Street Group, LLC41,020$337.6K0.00%−343,138−89.3%Reduced
Closed-End Fund Advisors, Inc.39,847$327.9K0.33%−153,600−79.4%Reduced
Patriot Financial Group Insurance Agency, LLC38,714$318.6K0.02%+19,344+99.9%Added
Resources Investment Advisors, LLC.35,712$293.9K0.00%00.0%Unchanged
Arkadios Wealth Advisors34,536$284.2K0.00%+4,512+15.0%Added
RMB Capital Management, LLC32,827$270.2K0.00%+1,034+3.3%Added
Pensionmark Financial Group, LLC32,360$266.3K0.00%−2,168−6.3%Reduced
XTX Topco Ltd32,355$266.3K0.00%−724−2.2%Reduced
Prosperity Consulting Group, LLC32,327$266.1K0.01%−15,608−32.6%Reduced
Western Wealth Management, LLC32,251$265.4K0.01%00.0%Unchanged
Warren Averett Asset Management, LLC31,925$262.7K0.00%−182−0.6%Reduced
nVerses Capital, LLC31,356$258.1K0.23%+31,356New
Caxton Associates LLP30,422$250.4K0.01%−5,537−15.4%Reduced
Ausdal Financial Partners, Inc.29,903$246.1K0.01%−677−2.2%Reduced
Royal Bank of Canada29,881$246.0K0.00%−437−1.4%Reduced
Essex Financial Services, Inc.29,748$244.8K0.01%+1,077+3.8%Added
Eagle Global Advisors LLC29,745$244.8K0.01%00.0%Unchanged
Creative Planning29,307$241.2K0.00%+2,182+8.0%Added
Koshinski Asset Management, Inc.29,105$239.5K0.01%−329−1.1%Reduced
Sigma Planning Corp29,066$239.2K0.01%−1,235−4.1%Reduced
Sunbelt Securities, Inc.28,965$238.4K0.02%−8,832−23.4%Reduced
Sunbeam Capital Management, LLC28,257$232.6K0.13%00.0%Unchanged
Ameriprise Financial Inc27,483$226.2K0.00%+1,004+3.8%Added
Wedbush Securities Inc27,386$225.0K0.01%+2,245+8.9%Added
Advisor OS, LLC27,181$223.7K0.02%+27,181New
Entropy Technologies, LP25,647$211.1K0.01%+25,647New
Gotham Asset Management, LLC25,000$205.8K0.00%00.0%Unchanged
Cerity Partners LLC24,783$204.0K0.00%+12,366+99.6%Added
Triumph Capital Management24,366$200.5K0.04%00.0%Unchanged
Stephens Inc23,393$192.5K0.00%−617−2.6%Reduced
BFSG, LLC23,185$190.8K0.02%+1,185+5.4%Added
Advyzon Investment Management, LLC23,066$189.8K0.02%+6,237+37.1%Added