Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Barings Bdc Inc (BBDC)

208 + Investors. Track Smart Money conviction in BBDC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
1Q ▼
Buyers last Q
51%

Smart Money Signals — BBDC

Based on 209 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BBDC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
209 hedge funds hold BBDC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding BBDC is almost the same as a year ago (-1 funds, 0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 51% buying

100 buying98 selling
Last quarter: 100 funds bought or added vs 98 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-12 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 24 → 34 → 42 → 30. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 21% medium ■ 21% new
123 out of 209 hedge funds have held BBDC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +0%, value -15%

Value
-14%
Shares
+0%
Last quarter: funds added +0% more shares while total portfolio value only changed -15%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

37 → 24 → 34 → 42 → 30 new funds/Q
New funds entering each quarter: 24 → 34 → 42 → 30. A growing number of institutions are discovering BBDC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 63% of holders stayed 2+ years

■ 63% veterans ■ 11% 1-2yr ■ 26% new
Of 210 current holders: 132 (63%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 17% AUM from top-100

17% from top-100 AUM funds
25 of 209 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BBDC

In 2026 Q1, 100 hedge funds were net buyers of BBDC (30 opened a new position, 70 added to an existing one), while 98 reduced or exited (60 trimmed, 38 sold completely) — a 51% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: -8 funds (more exits than new entries). Total institutional holders: 209.

Hedge Fund Ownership: BBDC

How many hedge funds hold BBDC — quarterly history vs. share price
Quarterly hedge fund ownership of BBDC vs. share price

Market Analysis: BBDC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BBDC

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Barings Bdc Inc (BBDC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BBDC has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
BBDC
+2.1%
XLF
+1220.3%

BBDC outperformed XLF by -1218.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
BBDC
-2.4%
XLF
+4.8%

Since the filing became public, BBDC outperformed XLF by -7.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

14 top-rated funds 1 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: BBDC
208 + Investors

Track Smart Money conviction in BBDC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 208 217 -4.15%
13F Shares 48M 48M 0.34%
Total Value $375M $439M -14.7%
New Positions 30 42 -12
Increased Positions 69 59 +10
Closed Positions 39 34 +5
Reduced Positions 60 67 -7
Total Calls 1 3 -66.67%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BBDC

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

208 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BBDC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BBDC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Muzinich & Co., Inc. 2.02% 700,459 $5.8M
2 Ares Management LLC 1.97% 3,630,176 $29.9M
3 Barings LLC 1.81% 13,639,681 $112.3M
4 GraniteShares Advisors LLC 1.59% 268,002 $2.2M
5 Dimension Capital Management LLC 1.14% 985,162 $8.1M
6 Diameter Capital Partners LP 1.13% 1,471,800 $12.1M
7 Private Management Group Inc 1.02% 4,300,188 $35.4M
8 Sbe LLC Dba Cedar Cove Wealth Partners 0.87% 202,054 $1.7M
9 Bulldog Investors, LLP 0.62% 334,904 $2.8M
10 Financial Gravity Asset Management, Inc. 0.35% 240,300 $2.0M
11 Closed-End Fund Advisors, Inc. 0.33% 39,847 $328K
12 Cliffwater LLC 0.28% 126,753 $1.0M
13 MQS Management LLC 0.26% 47,235 $389K
14 Saxon Interests, INC. 0.26% 91,509 $753K
15 nVerses Capital, LLC 0.23% 31,356 $258K
16 Callodine Capital Management, LP 0.15% 260,000 $2.1M
17 Blue Line Capital, LLC / IL 0.14% 15,213 $125K
18 SageGuard Financial Group, LLC 0.14% 108,117 $890K
19 Steel Grove Capital Advisors, LLC 0.14% 158,262 $1.3M
20 Sunbeam Capital Management, LLC 0.13% 28,257 $233K
21 Virtus Investment Advisers, LLC 0.13% 55,991 $461K
22 Dynamic Technology Lab Private Ltd 0.10% 76,271 $628K
23 Vann Equity Management LLC 0.09% 15,085 $124K
24 Denali Advisors LLC 0.08% 91,047 $749K
25 Cresset Asset Management, LLC 0.08% 2,324,330 $19.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Barings Bdc Inc (BBDC)

What does the Smart Money Trend signal show for BBDC?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BBDC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BBDC?

Slight buying edge — 51% buying: Last quarter: 100 funds bought or added vs 98 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BBDC holders?

Smaller funds dominant — 17% AUM from top-100: 25 of 209 holders rank in the top 100 by AUM, but together hold only 17% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BBDC?

59% of holders stayed for 2+ years: 123 out of 209 hedge funds have held BBDC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Barings Bdc Inc (BBDC) following the 2026 Q1 hedge fund 13F filings?

As of today, BBDC has moved -2.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of -7.2%. Since the quarter end (March 31, 2026), BBDC has gained +2.1% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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