Barings LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), Barings LLC reported 184 stock positions worth $5.4 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 24.3% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 11.8%) and iShares Russell 2000 Growth (IWO, 11.6%). Compared with Q1 2026, it opened 30 new positions, sold out of 19, added to 53 and reduced 63. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +4%) and the biggest sale Ishr Ibx Usd Invgd CB ETF-Ui (LQD, shares −68%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTE, NC
- CIK
- 0000009015
- Portfolio Value
- $5.4B (Q2 2026)
- SEC Filing
- 0000009015-26-000018 ↗ filed Aug 7, 2026
Holdings Value
Holdings 184 stocks · $5.4B
| IVV iShares Core S&P 500 ETF | 24.32% | 1,744,190 | $1.3B | Add +4.2% |
| QQQ Invesco QQQ Trust Series 1 | 11.84% | 863,468 | $635.9M | Reduce -4.1% |
| IWO iShares Russell 2000 Growth | 11.59% | 1,579,950 | $622.4M | Reduce -1.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 7.52% | 5,108,527 | $403.7M | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 6.67% | 6,840,027 | $358.5M | No change |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 5.52% | 2,720,211 | $296.7M | Reduce -68.4% |
| JAAA Janus Henderson Aaa Clo ETF | 4.61% | 4,909,176 | $247.9M | Reduce -62.0% |
| BBDC Barings BDC Inc. | 2.16% | 13,639,681 | $116.2M | No change |
| VT Vanguard Tot World STK ETF | 2.14% | 732,779 | $115.0M | Reduce -15.4% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.97% | 765,431 | $52.1M | Add +58.6% |
| URTH iShares MSCI World ETF | 0.95% | 251,883 | $51.0M | Reduce -5.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.88% | 63,642 | $47.5M | Reduce -18.4% |
| PDD PDD Holdings Inc. | 0.83% | 587,937 | $44.8M | Reduce -9.4% |
| FLOT iShares Floating Rate Bond E | 0.74% | 780,000 | $39.8M | No change |
| ARX Accelerant Holdings Class A | 0.70% | 3,128,867 | $37.6M | No change |
| AU Anglogold Ashanti PLC | 0.69% | 456,162 | $36.9M | Add +6.5% |
| VGT Vanguard Info Tech ETF | 0.63% | 284,064 | $34.0M | Add +18.4% |
| USHY iShares Broad Usd High Yield | 0.61% | 886,891 | $32.8M | Reduce -28.3% |
| TTE Totalenergies SE | 0.60% | 418,276 | $32.5M | Reduce -30.9% |
| WPM Wheaton Precious Metals Corp. | 0.52% | 248,925 | $28.0M | Reduce -8.1% |
| IEF iShares 7-10 Year Treasury B | 0.50% | 281,884 | $26.7M | Reduce -2.2% |
| EWJ iShares MSCI Japan ETF | 0.49% | 281,415 | $26.2M | Reduce -16.2% |
| AAAP Pcer Brings Clo MKT FLX | 0.47% | 1,000,000 | $25.2M | New |
| PBSC PCR Brings Scud CRDT Flex | 0.47% | 1,000,000 | $25.1M | New |
| EEM iShares MSCI Emerging Market | 0.46% | 364,200 | $24.9M | Reduce -39.7% |
| VOO Vanguard S&P 500 ETF | 0.45% | 35,299 | $24.2M | No change |
| AZN Astrazeneca PLC | 0.44% | 126,110 | $23.6M | Reduce -11.8% |
| SE Sea Ltd.-ADR | 0.44% | 244,505 | $23.4M | Reduce -0.3% |
| CRH CRH PLC | 0.41% | 203,461 | $21.8M | Add +0.2% |
| SU Suncor Energy Inc. | 0.37% | 374,061 | $20.1M | Add +29.5% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.37% | 1,491,372 | $19.9M | Add +41.1% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.31% | 2,043,934 | $16.7M | Add +129.2% |
| CVX Chevron Corp. | 0.30% | 98,129 | $16.3M | Reduce -2.3% |
| HDB HDFC Bank Ltd.-ADR | 0.29% | 607,057 | $15.7M | Reduce -1.5% |
| AON Aon PLC Class A | 0.29% | 46,248 | $15.3M | No change |
| EMBD Global X Emerging Markets BD | 0.27% | 596,200 | $14.3M | Reduce -1.9% |
| NTR Nutrien Ltd. | 0.26% | 224,956 | $14.2M | Add +4.0% |
| QGEN Qiagen N.V. | 0.26% | 356,002 | $13.8M | Add +8.0% |
| XOM Exxon Mobil Corp. | 0.26% | 100,721 | $13.8M | Reduce -1.7% |
| ONC Beone Medicines Ltd.-ADR | 0.23% | 42,815 | $12.2M | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.22% | 39,184 | $11.9M | No change |
| COP Conocophillips | 0.22% | 113,783 | $11.8M | Reduce -1.4% |
| IWM iShares Russell 2000 ETF | 0.19% | 34,127 | $10.3M | No change |
| DAR Darling Ingredients Inc. | 0.19% | 182,050 | $9.9M | Reduce -4.1% |
| EOG EOG Resources Inc. | 0.18% | 75,916 | $9.8M | No change |
| WMB Williams Cos Inc. | 0.18% | 128,927 | $9.6M | Add +24.1% |
| NEM Newmont Corp. | 0.17% | 97,945 | $9.1M | Reduce -3.4% |
| RACE Ferrari NV | 0.17% | 24,161 | $9.0M | Add +9.8% |
| FMX Fomento Economico Mex-SP ADR | 0.16% | 69,146 | $8.8M | Reduce -23.7% |
| VLO Valero Energy Corp. | 0.16% | 33,649 | $8.8M | Add +23.7% |
| DVN Devon Energy Corp. | 0.16% | 208,091 | $8.6M | New |
| AXIAY Axia Energia-ADR | 0.15% | 782,040 | $8.3M | Add +8.1% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.14% | 88,751 | $7.7M | No change |
| NVDA Nvidia Corp. | 0.14% | 38,262 | $7.7M | Add +11.5% |
| CTGO Contango Silver & Gold Inc. | 0.14% | 476,190 | $7.5M | No change |
| FCX Freeport-McMoran Inc. | 0.14% | 118,626 | $7.5M | Reduce -17.1% |
| FN Fabrinet | 0.14% | 13,199 | $7.4M | Reduce -22.5% |
| VALE Vale SA-SP ADR | 0.13% | 477,943 | $7.2M | Reduce -19.7% |
| PSX Phillips 66 | 0.13% | 41,977 | $7.1M | New |
| EOSE Eos Energy Enterprises Inc. | 0.13% | 1,204,430 | $7.1M | No change |
| PBR.A Petroleo Brasil-SP Pref ADR | 0.13% | 478,910 | $7.0M | Add +29.9% |
| HTHT H World Group Ltd.-ADR | 0.13% | 165,532 | $6.9M | Reduce -0.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.13% | 31,595 | $6.9M | Reduce -65.7% |
| BAP Credicorp Ltd. | 0.13% | 17,585 | $6.9M | Reduce -37.8% |
| CPT Camden Property Trust | 0.12% | 57,104 | $6.5M | No change |
| DE Deere & Co. | 0.12% | 10,068 | $6.4M | Add +29.7% |
| FANG Diamondback Energy Inc. | 0.12% | 36,210 | $6.4M | Reduce -5.0% |
| CIB Grupo Cibest SA-ADR | 0.11% | 74,034 | $5.9M | Reduce -9.2% |
| CCJ Cameco Corp. | 0.11% | 57,330 | $5.8M | Add +28.7% |
| AEM Agnico Eagle Mines Ltd. | 0.11% | 37,113 | $5.8M | Reduce -18.1% |
| CTVA Corteva Inc. | 0.11% | 67,121 | $5.7M | Add +2.7% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.10% | 75,177 | $5.6M | Reduce -13.8% |
| TECK Teck Resources Ltd.-CLS B | 0.10% | 92,626 | $5.5M | Reduce -9.2% |
| B Barrick Mining Corp. | 0.10% | 147,091 | $5.4M | Reduce -4.4% |
| GDX Vaneck Gold Miners ETF | 0.10% | 71,078 | $5.4M | Reduce -1.9% |
| AAPL Apple Inc. | 0.10% | 17,793 | $5.1M | Add +43.1% |
| AMZN Amazon.com Inc. | 0.10% | 21,520 | $5.1M | Add +24.1% |
| LIN Linde PLC | 0.09% | 9,684 | $5.0M | Add +0.8% |
| MPV Barings Participation Invest | 0.09% | 289,151 | $4.9M | Add +1.1% |
| MSFT Microsoft Corp. | 0.08% | 12,119 | $4.5M | Add +1.0% |
| BG Bunge Global SA | 0.08% | 42,250 | $4.5M | Add +1.1% |
| ADM Archer-Daniels-Midland Co. | 0.08% | 56,175 | $4.3M | Add +2.7% |
| GOOGL Alphabet Inc. Class A | 0.08% | 11,885 | $4.2M | Reduce -3.3% |
| IGF iShares Global Infrastructur | 0.08% | 62,966 | $4.2M | Reduce -16.9% |
| ICSH iShares Ultra Short Duration | 0.07% | 78,600 | $4.0M | No change |
| CF CF Industries Holdings Inc. | 0.07% | 36,537 | $4.0M | Reduce -41.6% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.07% | 83,065 | $3.9M | New |
| MCI Barings Corporate Investors | 0.07% | 219,664 | $3.9M | No change |
| ACWI iShares MSCI Acwi ETF | 0.07% | 24,240 | $3.8M | Reduce -29.5% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.07% | 52,076 | $3.5M | No change |
| SCCO Southern Copper Corp. | 0.06% | 19,856 | $3.5M | Reduce -43.3% |
| WY Weyerhaeuser Co. | 0.06% | 143,864 | $3.4M | Reduce -7.2% |
| DOW Dow Inc. filed as DOW HLDGS INC | 0.06% | 121,612 | $3.3M | Reduce -28.2% |
| EZU iShares MSCI Eurozone ETF | 0.06% | 45,824 | $3.2M | Reduce -53.9% |
| EQT Eqt Corp. | 0.06% | 59,017 | $3.1M | Add +0.8% |
| AGCO Agco Corp. | 0.06% | 25,301 | $3.0M | Add +2.6% |
| VCLT Vanguard Long-Term Corp. Bond | 0.06% | 39,437 | $3.0M | Reduce -57.8% |
| MU Micron Technology Inc. | 0.06% | 2,565 | $3.0M | Reduce -15.0% |
| FPE FT-Preferred Secur & Inc. ETF | 0.06% | 165,116 | $3.0M | No change |
| BOBS Bob's Discount Furniture | 0.05% | 180,000 | $2.8M | New |
Other holdings (7): bonds, preferreds, convertibles and warrants · $266.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | 59,612,000 | $68.4M | Add +4.9% |
| NCL CORPORATION LTD (NCLH 0.875 04/15/30) | NOTE 0.875% 4/1 · principal | 54,658,000 | $60.9M | New |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 61,696,000 | $60.7M | Add +33.8% |
| UNITI GROUP INC (UNIT 7.5 12/01/27) | NOTE 7.500%12/0 · principal | 23,333,000 | $28.2M | Reduce -15.5% |
| SABRE GLBL INC (SABHLD 7.32 08/01/26) | NOTE 7.320% 8/0 · principal | 21,908,000 | $22.0M | Reduce -0.8% |
| OMNICELL INC (OMCL 1 12/01/29) | NOTE 1.000%12/0 · principal | 15,735,000 | $16.6M | No change |
| ZIFF DAVIS INC (ZD 3.625 03/01/28) | DEBT 3.625% 3/0 · principal | 10,000,000 | $10.0M | No change |
Total filed on the 13F, all lines: $5.6B.
Portfolio Sells Q1 2026 → Q2 2026
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -68.4% | 5.52% | −10.12 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -62.0% | 4.61% | −6.22 |
| IEV iShares Europe ETF | Reduce -97.9% | 0.01% | −0.52 |
| TTE Totalenergies SE | Reduce -30.9% | 0.60% | −0.34 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −0.32 |
| PDD PDD Holdings Inc. | Reduce -9.4% | 0.83% | −0.27 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.18 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -65.7% | 0.13% | −0.17 |
| USHY iShares Broad Usd High Yield | Reduce -28.3% | 0.61% | −0.15 |
| FUTU Futu Holdings Ltd.-ADR | Sold out | 0.00% | −0.13 |
| JXI iShares Global Utilities ETF | Reduce -85.0% | 0.02% | −0.12 |
| ENB Enbridge Inc. | Sold out | 0.00% | −0.12 |
| EEM iShares MSCI Emerging Market | Reduce -39.7% | 0.46% | −0.11 |
| WPM Wheaton Precious Metals Corp. | Reduce -8.1% | 0.52% | −0.07 |
| XP XP Inc. Class A | Sold out | 0.00% | −0.06 |
| CF CF Industries Holdings Inc. | Reduce -41.6% | 0.07% | −0.06 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -57.8% | 0.06% | −0.06 |
| DOW Dow Inc. | Reduce -28.2% | 0.06% | −0.06 |
| AEM Agnico Eagle Mines Ltd. | Reduce -18.1% | 0.11% | −0.05 |
| EZU iShares MSCI Eurozone ETF | Reduce -53.9% | 0.06% | −0.04 |
| CVX Chevron Corp. | Reduce -2.3% | 0.30% | −0.04 |
| MOAT Vaneck Morningstar Wide Moat | Sold out | 0.00% | −0.04 |
| SCCO Southern Copper Corp. | Reduce -43.3% | 0.06% | −0.04 |
| COP Conocophillips | Reduce -1.4% | 0.22% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -1.7% | 0.26% | −0.03 |
| BAP Credicorp Ltd. | Reduce -37.8% | 0.13% | −0.03 |
| VTWO Vanguard Russell 2000 ETF | Sold out | 0.00% | −0.03 |
| IBND SS SPDR BB Intl Corp. BD ETF | Reduce -64.5% | 0.02% | −0.02 |
| AZN Astrazeneca PLC | Reduce -11.8% | 0.44% | −0.02 |
| VALE Vale SA-SP ADR | Reduce -19.7% | 0.13% | −0.02 |
| IFS Intercorp Financial Services | Sold out | 0.00% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.02 |
| TSCO Tractor Supply Company | Reduce -35.0% | 0.02% | −0.02 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.01 |
| SQM Quimica Y Minera Chil-SP ADR | Reduce -13.8% | 0.10% | −0.01 |
| ELME Elme Communities | Sold out | 0.00% | −0.01 |
| EAGG iShares ESG Aware US Aggrega | Sold out | 0.00% | −0.01 |
| NEM Newmont Corp. | Reduce -3.4% | 0.17% | −0.01 |
| PPC Pilgrim's Pride Corp. | Sold out | 0.00% | −0.01 |
| GDX Vaneck Gold Miners ETF | Reduce -1.9% | 0.10% | −0.01 |
| HTHT H World Group Ltd.-ADR | Reduce -0.4% | 0.13% | −0.01 |
| DAR Darling Ingredients Inc. | Reduce -4.1% | 0.19% | −0.01 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.01 |
| FN Fabrinet | Reduce -22.5% | 0.14% | −0.01 |
| ACWI iShares MSCI Acwi ETF | Reduce -29.5% | 0.07% | −0.01 |
| FANG Diamondback Energy Inc. | Reduce -5.0% | 0.12% | −0.01 |
| EWH iShares MSCI Hong Kong ETF | Reduce -17.9% | 0.03% | −0.01 |
| AXON Axon Enterprise Inc. | Sold out | 0.00% | −0.01 |
| IGF iShares Global Infrastructur | Reduce -16.9% | 0.08% | −0.01 |
| TLH iShares 10-20 Year Treasury | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| IVV iShares Core S&P 500 ETF | Add +4.2% | 24.32% | +6.61 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +58.6% | 0.97% | +0.50 |
| AAAP Pcer Brings Clo MKT FLX | New | 0.47% | +0.47 |
| PBSC PCR Brings Scud CRDT Flex | New | 0.47% | +0.47 |
| VGT Vanguard Info Tech ETF | Add +18.4% | 0.63% | +0.28 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +129.2% | 0.31% | +0.19 |
| DVN Devon Energy Corp. | New | 0.16% | +0.16 |
| PSX Phillips 66 | New | 0.13% | +0.13 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +41.1% | 0.37% | +0.12 |
| SLB SLB Ltd. | New | 0.07% | +0.07 |
| SU Suncor Energy Inc. | Add +29.5% | 0.37% | +0.06 |
| BOBS Bob's Discount Furniture | New | 0.05% | +0.05 |
| WMB Williams Cos Inc. | Add +24.1% | 0.18% | +0.05 |
| CX Cemex Sab-Spons ADR Part Cer | New | 0.05% | +0.05 |
| VLO Valero Energy Corp. | Add +23.7% | 0.16% | +0.05 |
| CRH CRH PLC | Add +0.2% | 0.41% | +0.05 |
| DE Deere & Co. | Add +29.7% | 0.12% | +0.05 |
| RACE Ferrari NV | Add +9.8% | 0.17% | +0.04 |
| AAPL Apple Inc. | Add +43.1% | 0.10% | +0.04 |
| NVDA Nvidia Corp. | Add +11.5% | 0.14% | +0.04 |
| QGEN Qiagen N.V. | Add +8.0% | 0.26% | +0.04 |
| AMZN Amazon.com Inc. | Add +24.1% | 0.10% | +0.04 |
| CCJ Cameco Corp. | Add +28.7% | 0.11% | +0.03 |
| KLAC KLA Corp. | New | 0.03% | +0.03 |
| MELI MercadoLibre Inc. | New | 0.02% | +0.02 |
| XLK SS Technology Select Sector | Add +31.2% | 0.04% | +0.02 |
| TBBB BBB Foods Inc. Class A | New | 0.02% | +0.02 |
| AVGO Broadcom Inc. | Add +80.4% | 0.04% | +0.02 |
| AXIAY Axia Energia-ADR | Add +8.1% | 0.15% | +0.02 |
| GE General Electric | Add +52.4% | 0.03% | +0.02 |
| PBR.A Petroleo Brasil-SP Pref ADR | Add +29.9% | 0.13% | +0.02 |
| CTVA Corteva Inc. | Add +2.7% | 0.11% | +0.01 |
| LIN Linde PLC | Add +0.8% | 0.09% | +0.01 |
| ADM Archer-Daniels-Midland Co. | Add +2.7% | 0.08% | +0.01 |
| MSFT Microsoft Corp. | Add +1.0% | 0.08% | +0.01 |
| V Visa Inc. Class A | Add +1.2% | 0.04% | +0.01 |
| MPV Barings Participation Invest | Add +1.1% | 0.09% | +0.01 |
| AGCO Agco Corp. | Add +2.6% | 0.06% | +0.01 |
| AMD Advanced Micro Devices | Add +9.8% | 0.01% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +7.9% | 0.03% | +0.01 |
| ANDE The Andersons Inc. | Add +17.6% | 0.04% | +0.01 |
| MRK Merck & Co. Inc. | New | 0.01% | +0.01 |
| AMAT Applied Materials Inc. | Add +5.4% | 0.01% | +0.01 |
| INTC Intel Corp. | New | 0.01% | +0.01 |
| LRCX Lam Research Corp. | Add +9.6% | 0.01% | +0.01 |
| TJX TJX Companies Inc. | New | 0.01% | +0.01 |
| MRVL Marvell Technology Inc. | New | 0.00% | +0.00 |
| PLD Prologis Inc. | New | 0.00% | +0.00 |
| CNH CNH Industrial NV | Add +2.6% | 0.03% | +0.00 |
| AMT American Tower Corp. | New | 0.00% | +0.00 |
Notes & Other Activity Q1 2026 → Q2 2026
| HERBALIFE LTD (HLF 4.25 06/15/28) | NOTE 4.250% 6/1 · principal | Add +4.9% | 59,612,000 | $68.4M |
| NCL CORPORATION LTD (NCLH 0.875 04/15/30) | NOTE 0.875% 4/1 · principal | New | 54,658,000 | $60.9M |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | Add +33.8% | 61,696,000 | $60.7M |
| UNITI GROUP INC (UNIT 7.5 12/01/27) | NOTE 7.500%12/0 · principal | Reduce -15.5% | 23,333,000 | $28.2M |
| SABRE GLBL INC (SABHLD 7.32 08/01/26) | NOTE 7.320% 8/0 · principal | Reduce -0.8% | 21,908,000 | $22.0M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 184 | $5.4B | IVV, QQQ, IWO, VCSH, IGSB |
| Q1 2026 | 173 | $6.0B | IVV, LQD, JAAA, QQQ, IWO |
| Q4 2025 | 163 | $5.2B | IVV, QQQ, IWO, VCSH, IGSB |
| Q3 2025 | 165 | $5.1B | IVV, QQQ, IWO, VCSH, IGSB |
| Q2 2025 | 165 | $4.2B | IVV, QQQ, IWO, VCSH, IGSB |
| Q1 2025 | 158 | $3.9B | IVV, QQQ, IWO, VCSH, IGSB |
| Q4 2024 | 159 | $4.2B | IVV, QQQ, IWO, VCSH, IGSB |
| Q3 2024 | 153 | $4.2B | IVV, QQQ, IWO, VCSH, IGSB |
| Q2 2024Amended | 147 | $4.1B | IVV, QQQ, IWO, VCSH, IGSB |
| Q1 2024 | 150 | $3.9B | IVV, QQQ, IWO, VCSH, IGSB |