Barings BDC, Inc.
US ˙ NYSE ˙ US06759L1035

SecurityBBDC / Barings BDC, Inc.
InstitutionNorthern Trust Corp
Latest Disclosed Ownership19,149 shares
Latest Disclosed Value $ 157,596
Northern Trust Corp reports 70.96% decrease in ownership of BBDC / Barings BDC, Inc.

On May 14, 2026 - Northern Trust Corp filed a 13F-HR form disclosing ownership of 19,149 shares of Barings BDC, Inc. (US:BBDC) valued at $157,596 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 65,934 shares of Barings BDC, Inc.. This represents a change in shares of -70.96% during the quarter. The current value of the position is $157,213 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F BARINGS BDC COM 06759L103 19,149 -46,785 -70.96 158 -74.05 0.0000
2026-02-17 2025-12-31 13F BARINGS BDC COM 06759L103 65,934 -6,021 -8.37 605 -3.97 0.0000
2025-11-14 2025-09-30 13F BARINGS BDC COM 06759L103 71,955 8,693 13.74 630 9.00 0.0000
2025-08-13 2025-06-30 13F BARINGS BDC COM 06759L103 63,262 37,341 144.06 578 134.01 0.0001
2025-05-13 2025-03-31 13F BARINGS BDC COM 06759L103 25,921 -43,154 -62.47 247 -62.63 0.0000
2025-02-14 2024-12-31 13F BARINGS BDC COM 06759L103 69,075 10,033 16.99 661 14.36 0.0001
2024-11-13 2024-09-30 13F BARINGS BDC COM 06759L103 59,042 43,709 285.06 579 287.92 0.0001
2024-08-14 2024-06-30 13F BARINGS BDC COM 06759L103 15,333 93 0.61 149 5.67 0.0000
2024-05-14 2024-03-31 13F BARINGS BDC COM 06759L103 15,240 -2,476 -13.98 142 -7.24 0.0000
2024-02-13 2023-12-31 13F BARINGS BDC COM 06759L103 17,716 -22,273 -55.70 152 -57.30 0.0000
2023-11-13 2023-09-30 13F BARINGS BDC COM 06759L103 39,989 5,022 14.36 356 29.93 0.0001
2023-08-11 2023-06-30 13F BARINGS BDC COM 06759L103 34,967 8,239 30.83 274 29.25 0.0001
2023-05-15 2023-03-31 13F BARINGS BDC COM 06759L103 26,728 9,420 54.43 212 50.35 0.0000
2023-02-13 2022-12-31 13F BARINGS BDC COM 06759L103 17,308 -2,244 -11.48 141 -12.42 0.0000
2022-11-14 2022-09-30 13F BARINGS BDC COM 06759L103 19,552 3,975 25.52 161 11.03 0.0000
2022-08-12 2022-06-30 13F BARINGS BDC COM 06759L103 15,577 1,900 13.89 145 2.11 0.0000
2022-05-13 2022-03-31 13F BARINGS BDC COM 06759L103 13,677 13,677 142 0.0000
2021-05-12 2021-03-31 13F BARINGS BDC COM 06759L103 0 -308,831 -100.00 0 -100.00
2021-02-11 2020-12-31 13F BARINGS BDC COM 06759L103 308,831 308,831 2,841 0.0006
2020-05-14 2020-03-31 13F BARINGS BDC COM 06759L103 0 -36,655 -100.00 0 -100.00
2020-02-14 2019-12-31 13F BARINGS BDC COM 06759L103 36,655 36,655 377 0.0001
2015-02-12 2014-12-31 13F Triangle Cap COMM 895848109 0 -4,550 -100.00 0 -100.00
2014-11-13 2014-09-30 13F Triangle Cap COMM 895848109 4,550 -206,460 -97.84 115 -98.08 0.0000
2014-08-14 2014-06-30 13F TRIANGLE CAP com 895848109 211,010 -108,777 -34.02 5,986 -27.70 0.0019
2014-05-14 2014-03-31 13F TRIANGLE CAP COMM 895848109 319,787 -33,604 -9.51 8,279 -15.27 0.0026
2014-02-21 2013-12-31 13F/A-1 TRIANGLE CAP COM 895848109 353,391 3,042 0.87 9,771 -5.04 0.0031
2014-02-12 2013-12-31 13F TRIANGLE CAP COM 895848109 353,391 9,771
2013-11-13 2013-09-30 13F TRIANGLE CAP COM 895848109 350,349 -5,061 -1.42 10,290 5.25 0.0036
2013-08-09 2013-06-30 13F TRIANGLE CAP COM 895848109 355,410 355,410 9,777 0.0035
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.