Vault-13

BARINGS BDC INC BBDC

COM · Common Stock · CUSIP 06759L103

221 institutional holders +17 vs Q3 2022
53,861,13553.9m shares reported held*
49.5% of all shares outstanding*
$439.0mreported value*
32 new 59 added 78 reduced 19 sold out net bought ≈ $346.3k (+54.1k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 108.8m as of 2022-11-10, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $8.15. Options: 3 managers hold calls ($33.4k notional), 3 hold puts ($2.8k).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 204Q4 22: 221221Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022204
Q4 2022221

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10k$20k$30k$40kQ3 22 calls: $16.0kQ3 22 puts: $32.0kQ3 22P/C 2.00Q4 22 calls: $33.4kQ4 22 puts: $2.8kQ4 22P/C 0.08
Numbers
QuarterCallsPutsP/C
Q3 2022$16.0k$32.0k2.00
Q4 2022$33.4k$2.8k0.08

Biggest buyers

Concorde Asset Management, LLC Added +146,835+146.8k
RIVERNORTH CAPITAL MANAGEMENT, LLC Added +134,106+134.1k
BI Asset Management Fondsmaeglerselskab A/S New +108,108+108.1k
MILLENNIUM MANAGEMENT LLC Added +108,080+108.1k
PRIVATE MANAGEMENT GROUP INC Added +105,850+105.8k
Cliffwater LLC Added +101,750+101.8k
Raymond James Financial Services Advisors, Inc. Added +96,733+96.7k
WELLS FARGO & COMPANY/MN Added +87,637+87.6k
Jump Financial, LLC New +83,690+83.7k
Mariner, LLC New +76,029+76.0k

Biggest sellers

ZEKE CAPITAL ADVISORS, LLC Sold out -303,753-303.8k
Clearbridge Investments, LLC Reduced -222,450-222.4k
Callodine Capital Management, LP Reduced -165,045-165.0k
GOLDMAN SACHS GROUP INC Sold out -122,638-122.6k
CITADEL ADVISORS LLC Reduced -111,644-111.6k
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Reduced -99,306-99.3k
GraniteShares Advisors LLC Sold out -71,105-71.1k
MORGAN STANLEY Reduced -67,833-67.8k
TWO SIGMA ADVISERS, LP Reduced -60,700-60.7k
NEUBERGER BERMAN GROUP LLC Reduced -60,043-60.0k

Biggest calls

CITADEL ADVISORS LLC New $33.4k4.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC Reduced $0100 shares

Biggest puts

SIMPLEX TRADING, LLC Reduced $2.0k300 shares
CITADEL ADVISORS LLC New $815100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q4 2022

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q1 21: 0 buyingQ1 21: 0 sellingQ2 21: 0 buyingQ2 21: 0 sellingQ2 21Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 2 buyingQ4 21: 0 sellingQ4 21Q1 22: 0 buyingQ1 22: 0 sellingQ2 22: 1 buyingQ2 22: 0 sellingQ2 22Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20210—0——
Q2 20210—0——
Q3 20210—0——
Q4 20212$108.2k0——
Q1 20220—0——
Q2 20221$185.7k0——
Q3 20220—0——
Q4 20220—0——

None reported in Q4 2022.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BARINGS LLC 3.94% of their portfolio CHARLOTTE, NC 13,639,68113.6m $111.2m $111.2m 3.94% Unchanged
2 ARES MANAGEMENT LLC 1.93% of their portfolio LOS ANGELES, CA 4,804,8524.8m $39.2m $39.2m 1.93% Unchanged
3 RIVERNORTH CAPITAL MANAGEMENT, LLC 1.73% of their portfolio WEST PALM BEACH, FL 4,713,4154.7m $38.4m $38.4m 1.73% Added +134.1k +134,106
4 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 1.43% of their portfolio EDINA, MN 2,703,7032.7m $22.0m $22.0m 1.43% Reduced -99.3k -99,306
5 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,236,9112.2m $18.2m $18.2m 0.01% Added +22.1k +22,079
6 Callodine Capital Management, LP 5.44% of their portfolio BOSTON, MA 2,209,9552.2m $18.0m $18.0m 5.44% Reduced -165.0k -165,045
7 Cliffwater LLC 3.93% of their portfolio MARINA DEL REY, CA 1,710,5581.7m $13.9m $13.9m 3.93% Added +101.8k +101,750
8 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,589,7831.6m $13.0m $13.0m 0.00% Added +87.6k +87,637
9 Relative Value Partners Group, LLC 0.84% of their portfolio NORTHBROOK, IL 1,462,1881.5m $11.9m $11.9m 0.84% Added +55.9k +55,918
10 VAN ECK ASSOCIATES CORP 0.03% of their portfolio NEW YORK, NY 1,296,5341.3m $10.6m $10.6m 0.03% Added +31.3k +31,330
11 PRIVATE MANAGEMENT GROUP INC 0.45% of their portfolio IRVINE, CA 1,230,4891.2m $10.0m $10.0m 0.45% Added +105.8k +105,850
12 BlackRock Inc. 0.00% of their portfolio New York, NY 890,992891.0k $7.3m $7.3m 0.00% Reduced -4.6k -4,643
13 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 793,384793.4k $6.5m $6.5m 0.00% Unchanged
14 DIMENSION CAPITAL MANAGEMENT LLC 1.49% of their portfolio Coral Gables, FL 783,553783.6k $6.4m $6.4m 1.49% Unchanged
15 Legal & General Group Plc 0.00% of their portfolio London, X0 734,878734.9k $6.0m $6.0m 0.00% Added +27.1k +27,115
16 NICOLA WEALTH MANAGEMENT LTD. 0.51% of their portfolio VANCOUVER, A1 614,000614.0k $5.0m $5.0m 0.51% Unchanged
17 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 610,718610.7k $5.0m $5.0m 0.01% Reduced -18.3k -18,309
18 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 564,494564.5k $4.6m $4.6m 0.01% Added +108.1k +108,080
19 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.07% of their portfolio ST. LOUIS, MO 540,432540.4k $4.4m $4.4m 0.07% Reduced -2.6k -2,559
20 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 444,264444.3k $3.6m $3.6m 0.01% Added +96.7k +96,733
21 Advisors Asset Management, Inc. 0.07% of their portfolio Monument, CO 427,007427.0k $3.5m $3.5m 0.07% Reduced -24.3k -24,307
22 ROYCE & ASSOCIATES LP 0.03% of their portfolio New York, NY 406,894406.9k $3.3m $3.3m 0.03% Unchanged
23 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 406,267406.3k $3.3m $3.3m 0.02% Reduced -34.5k -34,548
24 Clearbridge Investments, LLC 0.00% of their portfolio NEW YORK, NY 382,372382.4k $3.1m $3.1m 0.00% Reduced -222.4k -222,450
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 326,718326.7k $2.7m $2.7m 0.00% Reduced -67.8k -67,833
26 Bulldog Investors, LLP 0.79% of their portfolio SADDLE BROOK, NJ 320,287320.3k $2.6m $2.6m 0.79% Added +52.3k +52,299
27 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 317,121317.1k $2.6m $2.6m 0.00% Reduced -60.0k -60,043
28 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 314,100314.1k $2.6m $2.6m 0.01% Reduced -60.7k -60,700
29 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 306,226306.2k $2.5m $2.5m 0.00% Added +22.1k +22,124
30 Concorde Asset Management, LLC 2.15% of their portfolio ANN ARBOR, MI 296,546296.5k $2.4m $2.4m 2.15% Added +146.8k +146,835
31 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 271,387271.4k $2.2m $2.2m 0.00% Added +42.2k +42,213
32 Muzinich & Co., Inc. 1.95% of their portfolio NEW YORK, NY 271,387271.4k $2.2m $2.2m 1.95% Added +42.2k +42,213
33 Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio STOCKHOLM, V7 239,440239.4k $2.0m $2.0m 0.01% Unchanged
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 234,847234.8k $1.9m $1.9m 0.00% Added +21.9k +21,896
35 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 211,052211.1k $1.7m $1.7m 0.00% Reduced -59.9k -59,854
36 CONDOR CAPITAL MANAGEMENT 0.19% of their portfolio MARTINSVILLE, NJ 185,809185.8k $1.5m $1.5m 0.19% Added +21.9k +21,873
37 MCKINLEY CAPITAL MANAGEMENT LLC 0.19% of their portfolio ANCHORAGE, AK 176,492176.5k $1.4m $1.4m 0.19% Reduced -10.5k -10,462
38 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 174,964175.0k $1.4m $1.4m 0.01% Reduced -18.2k -18,173
39 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 154,175154.2k $1.3m $1.3m 0.00% Reduced -20.1k -20,110
40 Hennion & Walsh Asset Management, Inc. 0.07% of their portfolio Parsippany, NJ 146,233146.2k $1.2m $1.2m 0.07% Added +35.8k +35,751
41 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 139,499139.5k $1.1m $1.1m 0.01% Added +66.4k +66,390
42 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 134,224134.2k $1.1m $1.1m 0.00% Added +2.4k +2,385
43 RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio MINNEAPOLIS, MN 121,854121.9k $993.0k $993.0k 0.01% Added +5.4k +5,444
44 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 117,386117.4k $956.0k $956.0k 0.00% Added +860 +860
45 RETIREMENT FINANCIAL SOLUTIONS, LLC 0.76% of their portfolio KNOXVILLE, TN 109,977110.0k $896.3k $896.3k 0.76% First filing
46 BI Asset Management Fondsmaeglerselskab A/S 0.02% of their portfolio KOBENHAVN, G7 108,108108.1k $881.0k $881.0k 0.02% New
47 Prime Capital Investment Advisors, LLC 0.03% of their portfolio OVERLAND PARK, KS 106,811106.8k $870.5k $870.5k 0.03% Added +2.4k +2,387
48 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 97,15997.2k $791.8k $791.8k 0.00% Added +19.0k +18,968
49 Kula Investments, LLC 0.22% of their portfolio CHICAGO, IL 90,47590.5k $737.4k $737.4k 0.22% First filing
50 Sunbelt Securities, Inc. 0.14% of their portfolio HOUSTON, TX 86,77386.8k $707.2k $707.2k 0.14% Reduced -3.9k -3,891
51 MQS Management LLC 0.47% of their portfolio NEW YORK, NY 85,27785.3k $695.0k $695.0k 0.47% Added +53.9k +53,870
52 KENNEDY CAPITAL MANAGEMENT LLC 0.02% of their portfolio ST LOUIS, MO 84,36384.4k $687.6k $687.6k 0.02% Reduced -13 -13
53 Jump Financial, LLC 0.04% of their portfolio Chicago, IL 83,69083.7k $682.1k $682.1k 0.04% New
54 ADVISORY RESEARCH INC 0.06% of their portfolio CHICAGO, IL 77,86277.9k $634.6k $634.6k 0.06% Reduced -5.7k -5,728
55 Mariner, LLC 0.00% of their portfolio Overland Park, KS 76,02976.0k $620.0k $620.0k 0.00% New
56 Cetera Advisors LLC 0.01% of their portfolio DENVER, CO 73,59273.6k $599.8k $599.8k 0.01% Added +4.3k +4,293
57 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 72,36172.4k $589.0k $589.0k 0.00% Reduced -26.5k -26,506
58 BARD ASSOCIATES INC 0.25% of their portfolio CHICAGO, IL 71,27271.3k $580.9k $580.9k 0.25% Reduced -325 -325
59 StrategIQ Financial Group, LLC 0.07% of their portfolio MERRILLVILLE, IN 71,05071.0k $579.1k $579.1k 0.07% Added +700 +700
60 New Vernon Capital Holdings II LLC 0.45% of their portfolio Morristown, NJ 69,17169.2k $563.7k $563.7k 0.45% Reduced -17.4k -17,372
61 PFG Advisors 0.05% of their portfolio Phoenix, AZ 68,07168.1k $554.8k $554.8k 0.05% Reduced -13.2k -13,160
62 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 66,93866.9k $545.5k $545.5k 0.00% Reduced -111.6k -111,644
63 Ausdal Financial Partners, Inc. 0.08% of their portfolio Davenport, IA 64,47264.5k $525.4k $525.4k 0.08% Reduced -9.0k -8,988
64 Koshinski Asset Management, Inc. 0.05% of their portfolio DECATUR, IL 62,61162.6k $510.3k $510.3k 0.05% Added +5.8k +5,755
65 XTX Topco Ltd 0.11% of their portfolio LONDON, X0 61,94661.9k $504.9k $504.9k 0.11% New
66 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 57,63157.6k $469.7k $469.7k 0.00% Reduced -929 -929
67 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 55,74855.7k $455.0k $455.0k 0.00% Added +2.6k +2,626
68 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 53,06953.1k $432.5k $432.5k 0.00% Reduced -14.2k -14,150
69 Roberts Financial Services LLC 0.11% of their portfolio MARQUETTE, MI 51,71251.7k $421.5k $421.5k 0.11% Unchanged
70 WNY Asset Management, LLC 0.11% of their portfolio Williamsville, NY 50,24550.2k $409.5k $409.5k 0.11% Added +6.0k +6,045
71 Raleigh Capital Management Inc. 0.21% of their portfolio CARY, NC 49,19149.2k $400.9k $400.9k 0.21% Added +334 +334
72 Castleview Partners, LLC 0.36% of their portfolio DALLAS, TX 45,70245.7k $372.5k $372.5k 0.36% Reduced -1.6k -1,634
73 MBM WEALTH CONSULTANTS, LLC 0.17% of their portfolio CHESTERFIELD, MO 44,09644.1k $362.0k $362.0k 0.17% Added +6.8k +6,777
74 Krilogy Financial LLC 0.03% of their portfolio ST. LOUIS, MO 43,48843.5k $354.4k $354.4k 0.03% Reduced -18.7k -18,652
75 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 40,71840.7k $331.9k $331.9k 0.00% Reduced -8.4k -8,447
76 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 37,40037.4k $305.0k $305.0k 0.00% Added +13.9k +13,900
77 VIRTUS ADVISERS, LLC 0.16% of their portfolio HARTFORD, CT 36,99837.0k $301.5k $301.5k 0.16% Reduced -230 -230
78 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 35,94235.9k $292.9k $292.9k 0.00% Reduced -1.3k -1,343
79 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 35,65335.7k $290.6k $290.6k 0.00% Reduced -587 -587
80 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 35,22935.2k $287.0k $287.0k 0.00% Added +7.2k +7,244
81 PANORAMIC INVESTMENT ADVISORS, LLC 0.29% of their portfolio DENVER, CO 34,38834.4k $280.3k $280.3k 0.29% First filing
82 TRANSCEND CAPITAL ADVISORS, LLC 0.03% of their portfolio MADISON, NJ 33,49833.5k $273.0k $273.0k 0.03% Reduced -500 -500
83 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 33,01133.0k $269.0k $269.0k 0.01% Reduced -1.1k -1,125
84 SeaCrest Wealth Management, LLC 0.04% of their portfolio PURCHASE, NY 32,69932.7k $266.5k $266.5k 0.04% Reduced -1.4k -1,407
85 PINKERTON WEALTH, LLC 0.06% of their portfolio COEUR D ALENE, ID 32,17232.2k $262.2k $262.2k 0.06% Reduced -11.4k -11,391
86 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 31,88531.9k $259.9k $259.9k 0.02% Unchanged
87 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 31,72931.7k $258.6k $258.6k 0.00% New
88 Patriot Financial Group Insurance Agency, LLC 0.06% of their portfolio Westborough, MA 31,36731.4k $255.6k $255.6k 0.06% Reduced -57 -57
89 Focus Financial Network, Inc. 0.02% of their portfolio MINNEAPOLIS, MN 30,49430.5k $248.5k $248.5k 0.02% Added +3.0k +2,996
90 NFSG Corp 0.14% of their portfolio BOCA RATON, FL 30,46530.5k $248.3k $248.3k 0.14% Added +4.4k +4,385
91 Arete Wealth Advisors, LLC 0.02% of their portfolio CHICAGO, IL 30,07130.1k $245.1k $245.1k 0.02% Unchanged
92 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 29,84529.8k $243.0k $243.0k 0.01% Added +1.9k +1,910
93 Empirical Asset Management, LLC 0.15% of their portfolio WELLESLEY, MA 29,66229.7k $146.9k $146.9k 0.15% Added +12.1k +12,132
94 Curi Capital, LLC 0.01% of their portfolio CHICAGO, IL 29,37229.4k $239.4k $239.4k 0.01% Unchanged
95 LEVEL FOUR ADVISORY SERVICES, LLC 0.02% of their portfolio DALLAS, TX 27,49327.5k $224.1k $224.1k 0.02% New
96 Aurora Private Wealth, Inc. 0.25% of their portfolio ROCKAWAY, NJ 27,01827.0k $220.0k $220.0k 0.25% Reduced -8.6k -8,554
97 Hutchens & Kramer Investment Management Group, LLC 0.16% of their portfolio CARMEL, IN 26,54226.5k $216.3k $216.3k 0.16% Reduced -646 -646
98 Sheaff Brock Investment Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 26,19426.2k $213.5k $213.5k 0.02% Unchanged
99 Claybrook Capital, LLC 0.13% of their portfolio WELLESLEY, MA 25,25525.3k $205.8k $205.8k 0.13% Unchanged
100 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 25,19625.2k $205.3k $205.3k 0.01% Added +2.1k +2,115