barings is a $371+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. with investment professionals based in north america, europe and asia pacific, the firm, a subsidiary of massmutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment. learn more at www.barings.com. *as of march 31, 2022
Company profile
Ticker
BBDC
Exchange
Website
CEO
Eric Lloyd
Employees
Incorporated
Location
Fiscal year end
Industry
Former names
Triangle Capital CORP
SEC CIK
Corporate docs
Subsidiaries
Alpine Funding LLC • Barings BDC Finance • Barings BDC Senior Funding I, LLC • Energy Hardware Holdings, Inc. • MVC Cayman, a Cayman Island limited liability company • MVC Financial Services, Inc. • SIC Investment Holdings LLC, a limited liability company • STRF Investment Holdings LLC ...
IRS number
61798488
BBDC stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
15 Apr 24
8-K
Other Events
8 Apr 24
DEFR14A
Revised proxy
19 Mar 24
DEF 14A
Definitive proxy
19 Mar 24
8-K
Departure of Directors or Certain Officers
19 Mar 24
8-K
Departure of Directors or Certain Officers
11 Mar 24
PRE 14A
Preliminary proxy
23 Feb 24
8-K
Barings BDC, Inc. Reports Fourth Quarter and Full Year 2023 Results and Announces Quarterly Cash Dividend of $0.26 Per Share
22 Feb 24
8-K
Entry into a Material Definitive Agreement
12 Feb 24
424B2
Prospectus for primary offering
9 Feb 24
Transcripts
BBDC
Earnings call transcript
2023 Q4
23 Feb 24
BBDC
Earnings call transcript
2023 Q3
10 Nov 23
BBDC
Earnings call transcript
2023 Q2
10 Aug 23
BBDC
Earnings call transcript
2023 Q1
5 May 23
BBDC
Earnings call transcript
2022 Q4
24 Feb 23
BBDC
Earnings call transcript
2022 Q3
11 Nov 22
BBDC
Earnings call transcript
2022 Q2
10 Aug 22
BBDC
Earnings call transcript
2022 Q1
6 May 22
BBDC
Earnings call transcript
2021 Q4
26 Feb 22
BBDC
Earnings call transcript
2021 Q4
24 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 49.76 mm | 49.76 mm | 49.76 mm | 49.76 mm | 49.76 mm | 49.76 mm |
Cash burn (monthly) | 10.19 mm | 7.30 mm | (no burn) | (no burn) | (no burn) | 8.43 mm |
Cash used (since last report) | 70.21 mm | 50.27 mm | n/a | n/a | n/a | 58.11 mm |
Cash remaining | -20.45 mm | -515.23 k | n/a | n/a | n/a | -8.35 mm |
Runway (months of cash) | -2.0 | -0.1 | n/a | n/a | n/a | -1.0 |
Institutional ownership, Q3 2023
45.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 206 |
Opened positions | 26 |
Closed positions | 26 |
Increased positions | 75 |
Reduced positions | 51 |
13F shares | Current |
---|---|
Total value | 426.42 bn |
Total shares | 48.36 mm |
Total puts | 3.30 k |
Total calls | 22.30 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Barings | 13.64 mm | $121.53 bn |
Ares Management | 4.32 mm | $38.51 bn |
Private Management | 2.95 mm | $26.26 bn |
Callodine Capital Management | 2.45 mm | $21.79 bn |
UBS UBS Group AG - Registered Shares | 1.65 mm | $14.74 bn |
Punch & Associates Investment Management | 1.53 mm | $13.65 bn |
Van Eck Associates | 1.53 mm | $13.63 bn |
Relative Value Partners | 1.36 mm | $12.12 bn |
WFC Wells Fargo & Co. | 1.28 mm | $11.41 bn |
Two Sigma Investments | 875.21 k | $7.80 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Feb 24 | Stephen R Byers | Common Stock ("Shares") | Buy | Acquire P | No | No | 9.7 | 570 | 5.53 k | 21,647.495 |
18 Jul 23 | Stephen R Byers | Common Stock ("Shares") | Buy | Acquire P | No | No | 8.025 | 400 | 3.21 k | 21,077.495 |
16 May 23 | Michael James O'Connor | Common Stock ("Shares") | Buy | Acquire P | No | No | 7.4293 | 25,000 | 185.73 k | 25,000 |
News
Thriving with Robust Performance: Barings BDC Delivers Growing Profits to Investors
13 Mar 24
Barings BDC's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
29 Feb 24
Barings BDC Q4 EPS $0.31 Beats $0.30 Estimate, Sales $75.85M Beat $72.04M Estimate
22 Feb 24
Barings BDC Board Authorizes New 12-Month Share Repurchase Program, Plans To Buyback Up To $30M In The Aggregate Of Common Stock
22 Feb 24
Recap: Barings BDC Q4 Earnings
22 Feb 24
Press releases
Barings BDC, Inc. Announces Conference Call to Discuss First Quarter 2024 Results
8 Apr 24
Barings BDC, Inc. Reports Fourth Quarter and Full Year 2023 Results and Announces Quarterly Cash Dividend of $0.26 Per Share
22 Feb 24
Barings BDC, Inc. Prices Public Offering of $300 Million of 7.000% Notes due 2029
7 Feb 24