Barings BDCBBDC

13F holders, Q4 2025 (December 31)
218holders +8
37new positions
32sold out
3famous investors
$9.18avg. 13F price*

At the end of Q4 2025, 218 institutions reported holding Barings BDC Inc. (BBDC) in their 13F filings, up 8 from Q3 2025. 37 opened new positions and 32 sold out. The largest holders were Barings LLC ($125.2M), Private Management Group Inc. ($34.6M) and Ares Management LLC ($33.0M). 3 famous investors held it, including Joel Greenblatt (0.0% of Gotham Asset Management's portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
Barings BDC Inc.
CUSIP
06759L103
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150200250 Q1 2024: 199Q1 2024Q2 2024: 191Q2 2024Q3 2024: 199Q3 2024Q4 2024: 198Q4 2024Q1 2025: 211Q1 2025Q2 2025: 196Q2 2025Q3 2025: 210Q3 2025Q4 2025: 218Q4 2025Q1 2026: 211Q1 2026Q2 2026: 202Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions37$33.1M
Exits32$16.4M

All 13F filers, Q3 2025 → Q4 2025: 6,656,753 shares bought and 5,123,027 shares sold, net +1,533,726 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 218 holders

Barings LLC 2.39% No change 13,639,681 $125.2M
Private Management Group Inc. 1.01% Add +14.7% 3,765,629 $34.6M
Ares Management LLC 1.88% Reduce -5.5% 3,590,176 $33.0M
Van Eck Associates Corp. 0.02% Reduce -7.5% 2,294,207 $21.1M
Cresset Asset Management, LLC 0.08% Reduce -7.6% 1,954,688 $17.9M
UBS Group AG 0.00% Add +23.6% 1,493,751 $13.7M
Focus Partners Wealth 0.01% New 1,002,917 $9.2M
Diameter Capital Partners LP 0.99% New 966,370 $8.9M
Morgan Stanley 0.00% Add +16.3% 899,484 $8.3M
Franklin Resources Inc. 0.00% Reduce -0.4% 881,046 $8.1M
Wells Fargo & Company 0.00% Reduce -0.0% 879,779 $8.1M
BlackRock, Inc. 0.00% Reduce -1.9% 848,150 $7.8M
Rivernorth Capital Management, LLC 0.35% Add +33.8% 806,071 $7.4M
Dimension Capital Management LLC 0.98% Add +18.3% 758,943 $7.0M
Legal & General Group Plc 0.00% Add +18.6% 750,732 $6.9M
Two Sigma Investments, LP 0.01% Add +18.0% 733,122 $6.7M
Muzinich & Co., Inc. 2.02% Add +43.8% 698,945 $6.4M
Raymond James Financial Inc. 0.00% Add +321.4% 651,222 $6.0M
Sumitomo Mitsui Trust Group, Inc. 0.00% Add +18.8% 577,412 $5.3M
Bank of America Corp. 0.00% Reduce -14.1% 526,915 $4.8M
Two Sigma Advisers, LP 0.01% Reduce -53.7% 401,500 $3.7M
Advisors Asset Management, Inc. 0.06% Reduce -10.8% 391,692 $3.6M
Jane Street Group, LLC 0.00% Add +566.6% 384,158 $3.5M
Callodine Capital Management, LP 0.26% Add +17.3% 356,544 $3.3M
Confluence Investment Management LLC 0.05% Reduce -5.9% 343,248 $3.2M
Bulldog Investors, LLP 0.65% Add +370.6% 317,307 $2.9M
Russell Investments Group, Ltd. 0.00% New 301,451 $2.8M
Osaic Holdings, Inc. 0.00% Reduce -8.8% 300,784 $2.8M
GraniteShares Advisors LLC 1.67% New 298,668 $2.7M
LPL Financial LLC 0.00% Reduce -8.3% 279,326 $2.6M
Skandinaviska Enskilda Banken AB (publ) 0.01% No change 239,440 $2.2M
Neuberger Berman Group LLC 0.00% Reduce -10.3% 232,642 $2.1M
BI Asset Management Fondsmaeglerselskab A/S 0.02% Reduce -52.6% 221,630 $2.0M
Cambridge Investment Research Advisors, Inc. 0.01% Reduce -11.8% 205,362 $1.9M
Closed-End Fund Advisors, Inc. 1.05% — 193,447 $1.8M
Sbe LLC Dba Cedar Cove Wealth Partners 0.93% — 193,412 $1.8M
Lansforsakringar Fondforvaltning AB (publ) 0.01% New 167,111 $1.5M
Hennion & Walsh Asset Management, Inc. 0.05% Reduce -14.9% 159,473 $1.5M
Wealth Enhancement Advisory Services, LLC 0.00% Add +0.8% 149,937 $1.4M
HighTower Advisors, LLC 0.00% Reduce -0.1% 140,655 $1.3M
CANADA LIFE ASSURANCE Co 0.00% Add +6.0% 139,327 $1.3M
JPMorgan Chase & Co. 0.00% Add +0.7% 138,234 $1.3M
Cliffwater LLC 0.24% No change 126,753 $1.2M
Steel Grove Capital Advisors, LLC 0.12% Reduce -65.8% 122,863 $1.1M
Caliber Wealth Management, LLC / KS 0.12% Reduce -20.8% 121,753 $1.1M
Thrivent Financial for Lutherans 0.00% New 114,041 $1.0M
SageGuard Financial Group, LLC 0.16% — 107,212 $984K
Citadel Advisors 0.00% New 104,651 $961K
&partners 0.00% No change 97,910 $899K
Invesco Ltd. 0.00% Reduce -91.7% 96,903 $890K
Denali Advisors LLC 0.10% Reduce -17.1% 94,100 $864K
Nilsine Partners, LLC 0.07% Add +2.9% 89,451 $821K
Saxon Interests, Inc. 0.29% New 88,382 $811K
Ethos Financial Group, LLC 0.06% Reduce -3.0% 84,035 $771K
Cetera Investment Advisers 0.00% Reduce -8.3% 80,631 $740K
Prime Capital Investment Advisors, LLC 0.01% Reduce -11.0% 75,379 $692K
Millennium Management 0.00% Add +211.4% 72,849 $669K
Apollon Wealth Management, LLC 0.01% Add +10.6% 71,646 $658K
Virtus Investment Advisers, LLC 0.18% Reduce -16.8% 71,617 $657K
Marshall Wace, LLP 0.00% Reduce -47.2% 70,081 $643K
Northern Trust Corp. 0.00% Reduce -8.4% 65,934 $605K
Schonfeld Strategic Advisors LLC 0.00% New 57,012 $523K
Commonwealth Equity Services, LLC 0.00% Reduce -4.1% 54,691 $502K
Kestra Advisory Services, LLC 0.00% Reduce -16.5% 52,056 $478K
Lido Advisors, LLC 0.00% Reduce -3.9% 53,353 $467K
HighPoint Advisor Group LLC 0.01% Reduce -15.1% 49,017 $450K
Prosperity Consulting Group, LLC 0.02% Reduce -29.5% 47,935 $440K
MML Investors Services, LLC 0.00% Reduce -43.7% 47,656 $437K
Arax Advisory Partners 0.01% New 47,644 $437K
LSV Asset Management 0.00% No change 46,700 $429K
Jump Financial, LLC 0.01% New 46,474 $427K
PFG Investments, LLC 0.02% Add +164.4% 45,629 $419K
Y-Intercept (Hong Kong) Ltd 0.01% New 44,812 $411K
Mercer Global Advisors Inc. 0.00% Reduce -5.8% 43,270 $397K
Bison Wealth, LLC 0.04% Add +34.1% 46,939 $382K
Arete Wealth Advisors, LLC 0.03% No change 40,921 $376K
Quantbot Technologies LP 0.01% New 40,836 $375K
Verition Fund Management LLC 0.00% Reduce -25.8% 38,600 $354K
Sunbelt Securities, Inc. 0.02% Add +0.1% 37,797 $347K
Tidal Investments LLC 0.00% New 36,720 $337K
T. Rowe Price Associates Inc. 0.00% Add +0.1% 36,293 $334K
Campbell & CO Investment Adviser LLC 0.02% Reduce -34.5% 36,359 $334K
Caxton Associates LLP 0.01% No change 35,959 $330K
OneDigital Investment Advisors LLC 0.00% Reduce -0.2% 35,712 $328K
Massar Capital Management, LP 0.06% New 35,638 $327K
VARCOV Co. 0.13% — 34,558 $317K
World Investment Advisors 0.01% New 34,528 $317K
XTX Topco Ltd 0.01% New 33,079 $304K
Stifel Financial Corp. 0.00% Reduce -22.6% 32,488 $298K
Western Wealth Management, LLC 0.01% Reduce -0.1% 32,251 $296K
Waverly Advisors, LLC 0.00% Reduce -23.8% 32,107 $295K
Curi Capital, LLC 0.01% Add +0.1% 31,793 $292K
Ausdal Financial Partners, Inc. 0.01% Add +1.9% 30,580 $281K
Sigma Planning Corp 0.01% Add +6.2% 30,301 $278K
Royal Bank of Canada 0.00% Add +21.6% 30,318 $278K
Arkadios Wealth Advisors 0.01% Add +10.7% 30,024 $276K
Eagle Global Advisors LLC 0.01% Reduce -13.3% 29,745 $273K
Koshinski Asset Management, Inc. 0.02% Reduce -28.9% 29,434 $270K
Essex Financial Services, Inc. 0.01% Add +8.8% 28,671 $263K
Sunbeam Capital Management, LLC 0.15% Add +41.3% 28,257 $259K
Creative Planning 0.00% Reduce -7.7% 27,125 $249K
Ameriprise Financial Inc. 0.00% Reduce -5.8% 26,479 $243K
Seven Mile Advisory 0.04% No change 26,227 $241K
Dynamic Technology Lab Private Ltd 0.05% New 26,176 $240K
Kingstone Capital Partners Texas, LLC 0.13% Add +33.4% 25,120 $231K
Wedbush Securities Inc. 0.01% Add +0.1% 25,141 $231K
Gotham Asset Management 0.00% No change 25,000 $230K
Triumph Capital Management 0.05% No change 24,366 $224K
Stephens Inc. 0.00% Add +0.7% 24,010 $220K
Private Advisor Group, LLC 0.00% New 23,257 $213K
Raleigh Capital Management Inc. 0.07% Reduce -31.8% 22,448 $206K
CreativeOne Wealth, LLC 0.00% Reduce -21.7% 22,025 $202K
Bfsg, LLC 0.02% Add +14.0% 22,000 $202K
TrueMark Investments, LLC 0.04% Add +7.3% 21,967 $202K
Envestnet Asset Management Inc. 0.00% No change 20,759 $191K
Financial Gravity Asset Management, Inc. 0.04% Add +7.4% 19,761 $181K
International Assets Investment Management, LLC 0.01% New 19,711 $181K
Patriot Financial Group Insurance Agency, LLC 0.02% Reduce -12.7% 19,370 $178K
Founders Financial Securities LLC 0.01% Add +15.1% 19,243 $177K
Cary Street Partners Financial LLC 0.00% No change 18,889 $173K
Aquatic Capital Management LLC 0.00% Add +157.9% 18,884 $173K
Sowell Financial Services LLC 0.01% Add +62.8% 18,758 $172K
ProShare Advisors LLC 0.00% Reduce -5.6% 18,669 $171K
Armor Investment Advisors, LLC 0.06% Reduce -7.6% 18,300 $168K
Virtu Financial LLC 0.01% Add +4.3% 18,166 $167K
FARMERS & MERCHANTS TRUST Co OF LONG BEACH 0.04% No change 18,087 $166K
Barclays PLC 0.00% New 18,000 $165K
Geneos Wealth Management Inc. 0.00% Reduce -4.0% 17,753 $163K
Beaumont Financial Advisors, LLC 0.01% Add +2.9% 17,628 $162K
Allworth Financial LP 0.00% Add +2.9% 17,031 $156K
Advyzon Investment Management, LLC 0.02% Add +18.1% 16,829 $154K
ExodusPoint Capital Management, LP 0.00% New 16,756 $154K
Redwood Financial Network Corp 0.09% No change 15,961 $147K
Cozad Asset Management Inc. 0.01% No change 15,874 $146K
Cwm, LLC 0.00% Add +33.6% 15,623 $143K
Kovack Advisors, Inc. 0.01% No change 15,519 $142K
De Lisle Partners LLP 0.02% No change 15,305 $141K
SeaCrest Wealth Management, LLC 0.01% No change 15,438 $138K
Sequoia Financial Advisors, LLC 0.00% Reduce -10.9% 14,854 $136K
Northeast Financial Group, Inc. 0.03% No change 14,686 $135K
Nicholas Hoffman & Company, LLC. 0.00% No change 14,354 $132K
Central Pacific Bank - Trust Division 0.02% No change 14,200 $130K
Nomura Holdings Inc. 0.00% New 13,937 $128K
Integrity Alliance, Llc. 0.00% No change 13,754 $126K
Mariner, LLC 0.00% Reduce -23.6% 13,733 $126K
Castleview Partners, LLC 0.06% Add +11.9% 13,566 $125K
Brown Advisory Inc. 0.00% No change 13,200 $121K
Global Retirement Partners, LLC 0.00% No change 12,964 $119K
Jackson Hole Capital Partners, LLC 0.02% No change 12,880 $118K
Chicago Partners Investment Group LLC 0.00% Reduce -36.9% 12,888 $118K
Focus Financial Network, Inc. 0.00% No change 12,828 $118K
Cerity Partners LLC 0.00% New 12,417 $114K
Register Financial Advisors LLC 0.04% Add +0.4% 12,330 $113K
Foundations Investment Advisors, LLC 0.00% Reduce -5.1% 11,695 $107K
Advisory Alpha, LLC 0.00% Add +2.4% 11,585 $106K
Sound Income Strategies, LLC 0.00% Reduce -19.2% 11,298 $104K
Creative Financial Designs Inc. 0.01% Reduce -15.3% 11,216 $103K
Empirical Asset Management, LLC 0.03% Add +2.9% 11,093 $102K
Merit Financial Group, LLC 0.00% No change 11,091 $102K
Soltis Investment Advisors LLC 0.01% Reduce -23.7% 10,712 $98K
Bridgewealth Advisory Group, LLC 0.02% New 10,700 $98K
Running Point Capital Advisors, LLC 0.03% Add +2.9% 10,570 $97K
AE Wealth Management LLC 0.00% New 10,555 $97K
Wealth Management Partners, LLC 0.03% No change 10,500 $96K
Steward Partners Investment Advisory, LLC 0.00% Add +0.6% 10,475 $96K
Sanctuary Advisors, LLC 0.00% Reduce -2.3% 10,469 $96K
Bouchey Financial Group, Ltd. 0.01% No change 10,276 $94K
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.01% Add +1.1% 10,193 $94K
Capital Advisory Group Advisory Services, LLC 0.03% Reduce -31.8% 10,100 $93K
BOS Asset Management, LLC 0.02% No change 10,045 $92K
Signaturefd, LLC 0.00% Add +36.1% 9,666 $89K
Camelot Portfolios, LLC 0.05% New 8,631 $79K
NFSG Corp 0.01% Reduce -20.9% 8,282 $76K
Ameriflex Group, Inc. 0.04% Add +0.3% 8,211 $75K
Golden State Wealth Management, LLC 0.01% Add +0.8% 7,843 $72K
Cape Investment Advisory, Inc. 0.02% New 6,176 $57K
Tower Research Capital LLC (TRC) 0.00% New 5,807 $53K
Larson Financial Group LLC 0.00% Reduce -1.6% 5,243 $48K
Flagship Harbor Advisors, LLC 0.00% New 5,064 $46K
Quadrant Capital Group LLC 0.00% Reduce -11.2% 4,925 $45K
Nova Wealth Management, Inc. 0.03% No change 4,550 $42K
State of Alaska, Department of Revenue 0.00% No change 4,360 $40K
MPWM Advisory Solutions, LLC 0.02% No change 4,240 $39K
Farther Finance Advisors, LLC 0.00% Add +65.6% 3,992 $37K
BNP Paribas Financial Markets 0.00% Reduce -26.1% 3,699 $34K
Spire Wealth Management 0.00% Reduce -59.4% 3,648 $33K
Northwestern Mutual Wealth Management Co. 0.00% Add +2.9% 3,101 $28K
GHP Investment Advisors, Inc. 0.00% Add +2.9% 2,415 $22K
Sterling Capital Management LLC 0.00% No change 2,394 $22K
Jones Financial Companies LLLP 0.00% New 2,000 $18K
Caldwell Sutter Capital, Inc. 0.01% No change 1,958 $18K
Founders Capital Management 0.01% Add +81.7% 1,779 $16K
Nomura Asset Management Co. Ltd. 0.00% Reduce -24.2% 1,714 $16K
MAI Capital Management 0.00% No change 1,594 $15K
SageView Advisory Group, LLC 0.00% New 1,479 $14K
Basepoint Wealth LLC 0.01% New 1,440 $13K
Westside Investment Management, Inc. 0.00% No change 1,360 $13K
Private Trust Co. NA 0.00% No change 1,163 $11K
Parallel Advisors, LLC 0.00% Reduce -27.2% 1,060 $10K
Quest 10 Wealth Builders, Inc. 0.01% No change 1,029 $9K
Harbor Asset Planning, Inc. 0.01% No change 1,000 $9K
Kingdom Financial Group LLC. 0.00% New 960 $9K
Citizens National Bank Trust Department 0.00% No change 879 $8K
North Star Investment Management Corp. 0.00% Add +5.5% 675 $6K
Crewe Advisors LLC 0.00% No change 630 $6K
SWAN Capital LLC 0.00% No change 603 $6K
Atlantic Union Bankshares Corp 0.00% No change 600 $6K
Comerica Bank 0.00% No change 238 $2K
US Bancorp \de 0.00% No change 151 $1K
Costello Asset Management, INC 0.00% No change 100 $918
Hurley Capital, LLC 0.00% New 97 $890
FMR LLC 0.00% No change 86 $789
SBI Securities Co., Ltd. 0.00% No change 67 $615
Harbour Investments, Inc. 0.00% No change 35 $321
Simplex Trading, LLC 0.00% New 24 $220
Danske Bank A/S 0.00% No change 2 $18
Caitong International Asset Management Co., Ltd 0.00% New 2 $18
Huntington National Bank 0.00% No change 1 $9

"% of holder's portfolio" is BBDC's weight in each manager's 13F, not the share of Barings BDC Inc. the manager owns.