Filed: 11/10/2025ACC: 0000009015-25-000030
📋 What this filing means
BARINGS LLC filed this quarterly 13F‑HR report disclosing 171 equity positions with a total reported market value of $5.25B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
171
Positions
$5.25B
Total AUM (reported)
209.03M
Total Shares
Allocation by class
CORE S&P500 ETF$1.07B20.4%
UNIT SER 1$535.51M10.2%
RUS 2000 GRW ETF$519.61M9.9%
COM$427.11M8.1%
SHRT TRM CORP BD$408.32M7.8%
ISHS 1-5YR INVS$362.73M6.9%
IBOXX INV CP ETF$308.96M5.9%
Portfolio Concentration
Top 3$2.12B40.4%
4–10$1.69B32.2%
11–25$691.97M13.2%
Rest$743.53M14.2%
Top 3 weight
40.4%
Top 10 weight
72.7%
Voting Authority Distribution
Total shares with voting rights: 209.03M
Sole
Full voting authority
209.03M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole33
Shared0
Other138
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings171
Rows:
ISHARES TR
DFNDShares1.60M
TypeSH
Market value$1.07B
20.35%
Sole
1.60M
Shared
0.00
None
0.00
INVESCO QQQ TR
DFNDShares894.41K
TypeSH
Market value$535.51M
10.20%
Sole
894.41K
Shared
0.00
None
0.00
ISHARES TR
DFNDShares1.62M
TypeSH
Market value$519.61M
9.89%
Sole
1.62M
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares5.11M
TypeSH
Market value$408.32M
7.77%
Sole
5.11M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares6.84M
TypeSH
Market value$362.73M
6.91%
Sole
6.84M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares2.77M
TypeSH
Market value$308.96M
5.88%
Sole
2.77M
Shared
0.00
None
0.00
JANUS DETROIT STR TR
SOLEShares6M
TypeSH
Market value$304.68M
5.80%
Sole
6M
Shared
0.00
None
0.00
BARINGS BDC, INC.
SOLEShares13.64M
TypeSH
Market value$119.48M
2.27%
Sole
13.64M
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
DFNDShares811.51K
TypeSH
Market value$111.83M
2.13%
Sole
811.51K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
DFNDShares114.78K
TypeSH
Market value$76.47M
1.46%
Sole
114.78K
Shared
0.00
None
0.00
PDD HOLDINGS INC
DFNDShares539K
TypeSH
Market value$71.24M
1.36%
Sole
539K
Shared
0.00
None
0.00
ISHARES TR
DFNDShares631.84K
TypeSH
Market value$60.95M
1.16%
Sole
631.84K
Shared
0.00
None
0.00
HERBALIFE LTD
SOLEShares61.87M
TypePRN
Market value$57.20M
1.09%
Sole
61.87M
Shared
0.00
None
0.00
ISHARES INC
DFNDShares311.11K
TypeSH
Market value$56.49M
1.08%
Sole
311.11K
Shared
0.00
None
0.00
WHEATON PRECIOUS METALS CORP
DFNDShares446.69K
TypeSH
Market value$49.98M
0.95%
Sole
446.69K
Shared
0.00
None
0.00
ANGLOGOLD ASHANTI PLC
DFNDShares668.86K
TypeSH
Market value$47.02M
0.90%
Sole
668.86K
Shared
0.00
None
0.00
ACCELERANT HOLDINGS
SOLEShares3.13M
TypeSH
Market value$46.37M
0.88%
Sole
3.13M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares371.21K
TypeSH
Market value$44.81M
0.85%
Sole
371.21K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.18M
TypeSH
Market value$44.69M
0.85%
Sole
1.18M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares780K
TypeSH
Market value$39.85M
0.76%
Sole
780K
Shared
0.00
None
0.00
SEA LTD
DFNDShares209.38K
TypeSH
Market value$37.42M
0.71%
Sole
209.38K
Shared
0.00
None
0.00
ISHARES TR
DFNDShares566.32K
TypeSH
Market value$37.08M
0.71%
Sole
566.32K
Shared
0.00
None
0.00
PARSONS CORP DEL
SOLEShares30.09M
TypePRN
Market value$34.30M
0.65%
Sole
30.09M
Shared
0.00
None
0.00
CRH PLC
DFNDShares278.50K
TypeSH
Market value$33.39M
0.64%
Sole
278.50K
Shared
0.00
None
0.00
ISHARES TR
DFNDShares271.14K
TypeSH
Market value$31.18M
0.59%
Sole
271.14K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TRDFND | CORE S&P500 ETF | 1.60M | SH | $1.07B 20.35% | 1.60M | 0.00 | 0.00 |
INVESCO QQQ TRDFND | UNIT SER 1 | 894.41K | SH | $535.51M 10.20% | 894.41K | 0.00 | 0.00 |
ISHARES TRDFND | RUS 2000 GRW ETF | 1.62M | SH | $519.61M 9.89% | 1.62M | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | SHRT TRM CORP BD | 5.11M | SH | $408.32M 7.77% | 5.11M | 0.00 | 0.00 |
ISHARES TRSOLE | ISHS 1-5YR INVS | 6.84M | SH | $362.73M 6.91% | 6.84M | 0.00 | 0.00 |
ISHARES TRDFND | IBOXX INV CP ETF | 2.77M | SH | $308.96M 5.88% | 2.77M | 0.00 | 0.00 |
JANUS DETROIT STR TRSOLE | HENDRSON AAA CL | 6M | SH | $304.68M 5.80% | 6M | 0.00 | 0.00 |
BARINGS BDC, INC.SOLE | COM | 13.64M | SH | $119.48M 2.27% | 13.64M | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FDFND | TT WRLD ST ETF | 811.51K | SH | $111.83M 2.13% | 811.51K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRDFND | TR UNIT | 114.78K | SH | $76.47M 1.46% | 114.78K | 0.00 | 0.00 |
PDD HOLDINGS INCDFND | SPONSORED ADS | 539K | SH | $71.24M 1.36% | 539K | 0.00 | 0.00 |
ISHARES TRDFND | 7-10 YR TRSY BD | 631.84K | SH | $60.95M 1.16% | 631.84K | 0.00 | 0.00 |
HERBALIFE LTDSOLE | NOTE 4.250% 6/1 | 61.87M | PRN | $57.20M 1.09% | 61.87M | 0.00 | 0.00 |
ISHARES INCDFND | MSCI WORLD ETF | 311.11K | SH | $56.49M 1.08% | 311.11K | 0.00 | 0.00 |
WHEATON PRECIOUS METALS CORPDFND | COM | 446.69K | SH | $49.98M 0.95% | 446.69K | 0.00 | 0.00 |
ANGLOGOLD ASHANTI PLCDFND | COM SHS | 668.86K | SH | $47.02M 0.90% | 668.86K | 0.00 | 0.00 |
ACCELERANT HOLDINGSSOLE | CL A | 3.13M | SH | $46.37M 0.88% | 3.13M | 0.00 | 0.00 |
ISHARES TRDFND | S&P 500 GRWT ETF | 371.21K | SH | $44.81M 0.85% | 371.21K | 0.00 | 0.00 |
ISHARES TRSOLE | BROAD USD HIGH | 1.18M | SH | $44.69M 0.85% | 1.18M | 0.00 | 0.00 |
ISHARES TRSOLE | FLTG RATE NT ETF | 780K | SH | $39.85M 0.76% | 780K | 0.00 | 0.00 |
SEA LTDDFND | SPONSORD ADS | 209.38K | SH | $37.42M 0.71% | 209.38K | 0.00 | 0.00 |
ISHARES TRDFND | EUROPE ETF | 566.32K | SH | $37.08M 0.71% | 566.32K | 0.00 | 0.00 |
PARSONS CORP DELSOLE | NOTE 2.625% 3/0 | 30.09M | PRN | $34.30M 0.65% | 30.09M | 0.00 | 0.00 |
CRH PLCDFND | ORD | 278.50K | SH | $33.39M 0.64% | 278.50K | 0.00 | 0.00 |
ISHARES TRDFND | EXPANDED TECH | 271.14K | SH | $31.18M 0.59% | 271.14K | 0.00 | 0.00 |
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