Barings BDC, Inc. (BBDC) — Institutional Holders, Q2 2026

203 institutional investment managers reported a BBDC position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $428.8M. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← BBDC stock profile

BBDC in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

Trimmed

Sold out

Biggest buyers

ARES MANAGEMENTAdded · +534,151 sh+$4.6M
UBS Group AGAdded · +522,846 sh+$4.5M
VAN ECK ASSOCIATESAdded · +484,649 sh+$4.1M
PRIVATE MANAGEMENT GROUPAdded · +479,536 sh+$4.1M
GCM GrosvenorNew · +475,000 sh+$4.0M

Biggest sellers

Diameter Capital PartnersTrimmed · -1,375,211 sh-$11.7M
D. E. ShawTrimmed · -268,200 sh-$2.3M
BI Asset Management Fondsmaeglerselskab A/STrimmed · -203,866 sh-$1.7M
Lansforsakringar Fondforvaltning AB (publ)Sold out · -185,152 sh-$1.6M
WELLS FARGO & COMPANYTrimmed · -164,863 sh-$1.4M

BBDC 13F holders ranked 1–100 of 203

Institutional investors reporting a position in Barings BDC, Inc. on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BARINGS#1 · 13,639,681 sh	13,639,681	$116.2M	—	0.0%
2	PRIVATE MANAGEMENT GROUP#2 · 4,779,724 sh	4,779,724	$40.7M	1.07%	+11.2%
3	ARES MANAGEMENT#3 · 4,164,327 sh	4,164,327	$35.5M	1.55%	+14.7%
4	Cresset Asset Management#4 · 2,545,273 sh	2,545,273	$21.7M	0.08%	+9.5%
5	VAN ECK ASSOCIATES#5 · 2,309,564 sh	2,309,564	$19.7M	0.01%	+26.6%
6	UBS Group AG#6 · 2,105,638 sh	2,105,638	$17.9M	<0.01%	+33.0%
7	FRANKLIN RESOURCES#7 · 1,365,788 sh	1,365,788	$11.6M	<0.01%	+40.7%
8	Russell Investments Group, Ltd.#8 · 1,234,512 sh	1,234,512	$10.5M	<0.01%	+45.6%
9	TWO SIGMA INVESTMENTS#9 · 1,129,980 sh	1,129,980	$9.6M	<0.01%	+15.4%
10	DIMENSION CAPITAL MANAGEMENT#10 · 1,020,581 sh	1,020,581	$8.7M	1.02%	+3.6%
11	MORGAN STANLEY#11 · 960,577 sh	960,577	$8.2M	<0.01%	-3.7%
12	Focus Partners Wealth#12 · 907,615 sh	907,615	$7.7M	<0.01%	-5.0%
13	Legal & General Group Plc#13 · 879,822 sh	879,822	$7.5M	<0.01%	+3.4%
14	WELLS FARGO & COMPANY#14 · 760,559 sh	760,559	$6.5M	<0.01%	-17.8%
15	Muzinich#15 · 714,955 sh	714,955	$6.1M	—	+2.1%
16	BANK OF AMERICA#16 · 690,777 sh	690,777	$5.9M	<0.01%	+54.3%
17	RAYMOND JAMES FINANCIAL#17 · 682,818 sh	682,818	$5.8M	<0.01%	+10.7%
18	Sumitomo Mitsui#18 · 577,412 sh	577,412	$4.9M	<0.01%	0.0%
19	BlackRock#19 · 509,220 sh	509,220	$4.3M	<0.01%	+3.1%
20	THRIVENT FINANCIAL FOR LUTHERANS#20 · 475,834 sh	475,834	$4.1M	<0.01%	+219.6%
21	GCM Grosvenor#21 · 475,000 sh	475,000	$4.0M	0.17%	New
22	Advisors Asset Management#22 · 417,051 sh	417,051	$3.6M	0.05%	+2.3%
23	Bulldog Investors, LLP#23 · 336,401 sh	336,401	$2.9M	0.63%	+0.4%
24	GraniteShares Advisors#24 · 308,352 sh	308,352	$2.6M	1.69%	+15.1%
25	CONFLUENCE INVESTMENT MANAGEMENT#25 · 306,261 sh	306,261	$2.6M	—	-0.5%
26	LPL Financial#26 · 293,725 sh	293,725	$2.5M	<0.01%	-2.0%
27	OSAIC#27 · 293,360 sh	293,360	$2.5M	<0.01%	+4.8%
28	Callodine Capital Management#28 · 290,000 sh	290,000	$2.5M	0.16%	+11.5%
29	Hennion & Walsh Asset Management#29 · 251,430 sh	251,430	$2.1M	—	+21.7%
30	Financial Gravity Companies, (FGCO)#30 · 224,104 sh	224,104	$1.9M	0.31%	—
31	SBE DBA CEDAR COVE WEALTH PARTNERS#31 · 218,811 sh	218,811	$1.9M	—	+8.3%
32	Neuberger Berman Group#32 · 207,324 sh	207,324	$1.8M	<0.01%	-8.6%
33	RIVERNORTH CAPITAL MANAGEMENT#33 · 205,194 sh	205,194	$1.7M	0.08%	New
34	Cambridge Investment Research Advisors#34 · 192,269 sh	192,269	$1.6M	<0.01%	-1.6%
35	STEEL GROVE CAPITAL ADVISORS#35 · 152,667 sh	152,667	$1.3M	—	-3.5%
36	Privium Fund Management (UK) Ltd#36 · 150,500 sh	150,500	$1.3M	0.53%	New
37	HighTower Advisors#37 · 146,841 sh	146,841	$1.3M	<0.01%	+0.8%
38	GREAT WEST LIFE ASSURANCE#38 · 138,892 sh	138,892	$1.2M	<0.01%	+21.1%
39	TCG Advisory Services#39 · 137,608 sh	137,608	$1.2M	0.02%	-14.9%
40	Cliffwater#40 · 126,753 sh	126,753	$1.1M	0.27%	0.0%
41	MARSHALL WACE, LLP#41 · 122,815 sh	122,815	$1.0M	<0.01%	New
42	Invesco Ltd.#42 · 110,976 sh	110,976	$945.5K	<0.01%	+0.2%
43	BALYASNY ASSET MANAGEMENT L.P.#43 · 109,880 sh	109,880	$936.2K	<0.01%	+39.5%
44	SageGuard Financial Group#44 · 105,864 sh	105,864	$902.0K	0.13%	-2.1%
45	SAXON INTERESTS#45 · 105,056 sh	105,056	$895.1K	—	+14.8%
46	CITADEL ADVISORS#46 · 103,326 sh	103,326	$880.3K	<0.01%	New
47	WILEY BROS.-AINTREE CAPITAL#47 · 99,610 sh	99,610	$848.7K	<0.01%	-1.8%
48	BLAIR WILLIAM#48 · 98,833 sh	98,833	$842.1K	<0.01%	+566.3%
49	Diameter Capital Partners#49 · 96,589 sh	96,589	$822.9K	0.07%	-93.4%
50	WEALTH ENHANCEMENT ADVISORY SERVICES#50 · 93,664 sh	93,664	$802.7K	—	+4.6%
51	DENALI ADVISORS#51 · 83,182 sh	83,182	$708.7K	0.07%	-8.6%
52	Ethos Financial Group#52 · 81,620 sh	81,620	$695.4K	0.05%	-2.9%
53	Apollon Wealth Management#53 · 77,351 sh	77,351	$659.0K	—	+16.5%
54	Cetera Investment Advisers#54 · 74,953 sh	74,953	$638.6K	<0.01%	-1.1%
55	FreeGulliver#55 · 74,409 sh	74,409	$634.0K	0.22%	New
56	Prime Capital Investment Advisors#56 · 71,366 sh	71,366	$608.0K	—	-5.3%
57	CALIBER WEALTH MANAGEMENT, / KS#57 · 70,685 sh	70,685	$602.2K	0.06%	-12.4%
58	Kestra Advisory Services#58 · 62,949 sh	62,949	$536.3K	<0.01%	+3.6%
59	Toroso Investments#59 · 61,589 sh	61,589	$524.7K	<0.01%	+5.3%
60	MML INVESTORS SERVICES#60 · 61,301 sh	61,301	$522.3K	<0.01%	+45.7%
61	Campbell & Investment Adviser#61 · 61,107 sh	61,107	$520.6K	0.03%	+34.2%
62	STIFEL FINANCIAL#62 · 60,501 sh	60,501	$515.5K	<0.01%	+0.5%
63	COMMONWEALTH EQUITY SERVICES#63 · 57,619 sh	57,619	$490.9K	<0.01%	+13.3%
64	PFG Investments#64 · 50,135 sh	50,135	$427.1K	0.02%	+5.1%
65	XTX Topco Ltd#65 · 49,217 sh	49,217	$419.3K	<0.01%	+52.1%
66	Lido Advisors#66 · 48,451 sh	48,451	$412.8K	<0.01%	-8.2%
67	Bison Wealth#67 · 46,939 sh	46,939	$400.4K	—	0.0%
68	LSV ASSET MANAGEMENT#68 · 46,700 sh	46,700	$398.0K	<0.01%	0.0%
69	Virtus Investment Advisers#69 · 46,262 sh	46,262	$394.2K	0.09%	-17.4%
70	MQS Management#70 · 43,211 sh	43,211	$368.2K	0.45%	-8.5%
71	BI Asset Management Fondsmaeglerselskab A/S#71 · 42,893 sh	42,893	$365.0K	—	-82.6%
72	Gotham Asset Management#72 · 40,000 sh	40,000	$340.8K	<0.01%	+60.0%
73	D. E. Shaw#73 · 37,677 sh	37,677	$321.0K	<0.01%	-87.7%
74	SUSQUEHANNA INTERNATIONAL GROUP, LLP#74 · 36,898 sh	36,898	$314.4K	0.00%	+205.0%
75	Closed-End Fund Advisors#75 · 35,284 sh	35,284	$300.6K	0.29%	-11.5%
76	RMB Capital Management#76 · 32,827 sh	32,827	$279.7K	<0.01%	0.0%
77	Prosperity Consulting Group#77 · 32,331 sh	32,331	$275.5K	0.01%	0.0%
78	Western Wealth Management#78 · 31,929 sh	31,929	$272.0K	<0.01%	-1.0%
79	MACKENZIE FINANCIAL#79 · 31,006 sh	31,006	$264.2K	<0.01%	+84.7%
80	ROYAL BANK OF CANADA#80 · 30,370 sh	30,370	$258.0K	0.00%	+1.6%
81	Creative Planning#81 · 29,194 sh	29,194	$248.7K	<0.01%	-0.4%
82	Sunbeam Capital Management#82 · 28,257 sh	28,257	$240.8K	0.11%	0.0%
83	Coppell Advisory Solutions#83 · 3,292 sh	3,292	$240.3K	0.02%	New
84	WEDBUSH SECURITIES#84 · 27,886 sh	27,886	$238.0K	—	+1.8%
85	Sigma Planning#85 · 27,848 sh	27,848	$237.3K	—	-4.2%
86	Waverly Advisors#86 · 27,800 sh	27,800	$236.9K	<0.01%	-12.9%
87	BFSG#87 · 27,335 sh	27,335	$232.9K	0.02%	+17.9%
88	EAGLE GLOBAL ADVISORS#88 · 27,295 sh	27,295	$232.6K	<0.01%	-8.2%
89	DRW Securities#89 · 27,218 sh	27,218	$231.9K	<0.01%	+20.6%
90	PRICE T ROWE ASSOCIATES#90 · 25,378 sh	25,378	$217.0K	0.00%	+21.3%
91	Arkadios Wealth Advisors#91 · 24,521 sh	24,521	$208.9K	<0.01%	-29.0%
92	Triumph Capital Management#92 · 24,366 sh	24,366	$207.6K	—	0.0%
93	Advisor OS#93 · 24,055 sh	24,055	$204.9K	0.01%	-11.5%
94	CAPTRUST FINANCIAL ADVISORS#94 · 24,026 sh	24,026	$204.7K	<0.01%	+12.0%
95	CAXTON ASSOCIATES LLP#95 · 23,921 sh	23,921	$203.8K	<0.01%	-21.4%
96	STEPHENS#96 · 23,576 sh	23,576	$200.9K	<0.01%	+0.8%
97	Raleigh Capital Management#97 · 22,665 sh	22,665	$193.1K	0.06%	+0.5%
98	Virtu Financial#98 · 22,646 sh	22,646	$193.0K	<0.01%	New
99	Advyzon Investment Management#99 · 22,543 sh	22,543	$192.1K	0.01%	-2.3%
100	Ausdal Financial Partners#100 · 22,507 sh	22,507	$191.8K	<0.01%	-24.7%

Funds that sold out of BBDC in Q2 2026 (30)

Held BBDC at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held BBDC in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Lansforsakringar Fondforvaltning AB (publ)185,152 sh	185,152	$1.5M
Dynamic Technology Lab Private Ltd76,271 sh	76,271	$627.7K
MILLENNIUM MANAGEMENT49,828 sh	49,828	$410.1K
JANE STREET GROUP41,020 sh	41,020	$337.6K
OneDigital Investment Advisors35,712 sh	35,712	$293.9K
World Investment Advisors32,360 sh	32,360	$266.3K
nVerses Capital31,356 sh	31,356	$258.1K
Entropy Technologies25,647 sh	25,647	$211.1K
ENVESTNET ASSET MANAGEMENT20,759 sh	20,759	$170.8K
Sowell Financial Services17,084 sh	17,084	$140.6K
GREAT VALLEY ADVISOR GROUP13,266 sh	13,266	$108.9K
Saxony Capital Management12,389 sh	12,389	$102.0K
Advisory Alpha11,887 sh	11,887	$97.8K
AE Wealth Management11,038 sh	11,038	$90.8K
Simplicity Wealth11,020 sh	11,020	$90.7K
Bridgewealth Advisory Group10,700 sh	10,700	$88.1K
QUADRANT CAPITAL GROUP9,124 sh	9,124	$86.5K
Wealth Management Partners10,500 sh	10,500	$86.4K
Nelson, Van Denburg & Campbell Wealth Management Group10,398 sh	10,398	$85.6K
MIRABELLA FINANCIAL SERVICES LLP10,281 sh	10,281	$84.6K
Aquatic Capital Management3,687 sh	3,687	$30.3K
MBM WEALTH CONSULTANTS3,667 sh	3,667	$30.2K
Advisory Services Network3,523 sh	3,523	$29.0K
Spire Wealth Management2,248 sh	2,248	$18.5K
NOMURA ASSET MANAGEMENT LTD1,714 sh	1,714	$14.1K
MAI Capital Management1,594 sh	1,594	$13.1K
Basepoint Wealth1,486 sh	1,486	$12.2K
Harbor Asset Planning1,000 sh	1,000	$8.2K
Lloyd Advisory Services960 sh	960	$7.9K
CITIGROUP13 sh	13	$107.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.