Barings

CHARLOTTE, NCfiles as BARINGS LLC

$5.4bn in 184 US stocks at the end of 30 June 2026. The top 10 are 77.3% of the money. It changed about 19.9% of the portfolio this quarter.

Value

$5.4bn

Stocks

184

Top 10 share

77.3%

Turnover

19.9%

What changed this quarter

New

Bought for the first time this quarter.

Pacer FDS TRAAAP
0.5% of the fund
Pacer FDS TRPBSC
0.5% of the fund
Devon EnergyDVN
0.2% of the fund
Phillips 66PSX
0.1% of the fund
SLB LimitedSLB
<0.1% of the fund
Bob's Discount FurnitureBOBS
<0.1% of the fund
Cemex SAB de CVCX
<0.1% of the fund
KLAKLAC
<0.1% of the fund
MercadoLibreMELI
<0.1% of the fund
BBB FoodsTBBB
<0.1% of the fund
MerckMRK
<0.1% of the fund
IntelINTC
<0.1% of the fund
TJX CompaniesTJX
<0.1% of the fund
Marvell TechnologyMRVL
<0.1% of the fund
PrologisPLD
<0.1% of the fund
Seagate Technology HoldingsSTX
<0.1% of the fund
American TowerAMT
<0.1% of the fund
Palo Alto NetworksPANW
<0.1% of the fund
QualcommQCOM
<0.1% of the fund
Goldman Sachs GroupGS
<0.1% of the fund
GE VernovaGEV
<0.1% of the fund
Simon Property GroupSPG
<0.1% of the fund
International Business MachinesIBM
<0.1% of the fund
Cisco SystemsCSCO
<0.1% of the fund
Western DigitalWDC
<0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRIVV
24.3% of the fund
+4%
Blackrock ETF TrustDYNF
1.0% of the fund
+59%
AngloGold AshantiAU
0.7% of the fund
+6%
Vanguard World FDVGT
0.6% of the fund
+18%
Suncor EnergySU
0.4% of the fund
+30%
Nu HoldingsNU
0.4% of the fund
+41%
Itau Unibanco Hldg S AITUB
0.3% of the fund
+129%
NutrienNTR
0.3% of the fund
+4%
QiagenQGEN
0.3% of the fund
+8%
Williams CompaniesWMB
0.2% of the fund
+24%
FerrariRACE
0.2% of the fund
+10%
Valero EnergyVLO
0.2% of the fund
+24%
Axia Energia SAAXIAY
0.2% of the fund
+8%
NvidiaNVDA
0.1% of the fund
+12%
Petroleo Brasileiro S APBR-A
0.1% of the fund
+30%
DeereDE
0.1% of the fund
+30%
CamecoCCJ
0.1% of the fund
+29%
CortevaCTVA
0.1% of the fund
+3%
AppleAAPL
<0.1% of the fund
+43%
Amazon.comAMZN
<0.1% of the fund
+24%
Archer-Daniels-MidlandADM
<0.1% of the fund
+3%
AgcoAGCO
<0.1% of the fund
+3%
Select Sector Spdr TRXLK
<0.1% of the fund
+31%
AndersonsANDE
<0.1% of the fund
+18%
BlackRock TCP CapitalTCPC
<0.1% of the fund
+5%

Cut

Sold some of their stake.

Invesco QQQ TRQQQ
11.8% of the fund
-4%
Ishares TRLQD
5.5% of the fund
-68%
Janus Detroit STR TRJAAA
4.6% of the fund
-62%
Vanguard Intl Equity Index FVT
2.1% of the fund
-15%
IsharesURTH
1.0% of the fund
-5%
State STR Spdr S&P 500 ETF TSPY
0.9% of the fund
-18%
PDD HoldingsPDD
0.8% of the fund
-9%
Ishares TRUSHY
0.6% of the fund
-28%
TotalEnergies SETTE
0.6% of the fund
-31%
Wheaton Precious MetalsWPM
0.5% of the fund
-8%
Ishares TRIEF
0.5% of the fund
-2%
IsharesEWJ
0.5% of the fund
-16%
Ishares TREEM
0.5% of the fund
-40%
AstrazenecaAZN
0.4% of the fund
-12%
ChevronCVX
0.3% of the fund
-2%
Darling IngredientsDAR
0.2% of the fund
-4%
NewmontNEM
0.2% of the fund
-3%
Mexican Economic DevelopmentFMX
0.2% of the fund
-24%
Freeport-McMoRanFCX
0.1% of the fund
-17%
FabrinetFN
0.1% of the fund
-23%
Vale S AVALE
0.1% of the fund
-20%
Vanguard Index FDSVTV
0.1% of the fund
-66%
CredicorpBAP
0.1% of the fund
-38%
Diamondback EnergyFANG
0.1% of the fund
-5%
Grupo Cibest SACIB
0.1% of the fund
-9%

Sold out

Sold their entire stake.

Ishares TRIGV
-100%
Coterra EnergyCTRA
-100%
Futu HldgsFUTU
-100%
EnbridgeENB
-100%
XPXP
-100%
Vaneck ETF TrustMOAT
-100%
Vanguard Scottsdale FDSVTWO
-100%
Intercorp Financial ServicesIFS
-100%
Vanguard Intl Equity Index FVWO
-100%
Fidelity National Information ServicesFIS
-100%
Elme CommunitiesELME
-100%
Ishares TREAGG
-100%
Pilgrims PridePPC
-100%
IntuitINTU
-100%
Axon EnterpriseAXON
-100%
Ishares TRTLH
-100%
Philip Morris InternationalPM
-100%
Verizon CommunicationsVZ
-100%
WiproWIT
-100%

Holdings

Ishares TRIVV
Share
24.3%
Value
$1.3bn
Shares
1,744,190
+4%
Invesco QQQ TRQQQ
Share
11.8%
Value
$636m
Shares
863,468
-4%
Ishares TRIWO
Share
11.6%
Value
$622m
Shares
1,579,950
Held
Vanguard Scottsdale FDSVCSH
Share
7.5%
Value
$404m
Shares
5,108,527
Held
Ishares TRIGSB
Share
6.7%
Value
$358m
Shares
6,840,027
Held
Ishares TRLQD
Share
5.5%
Value
$297m
Shares
2,720,211
-68%
Janus Detroit STR TRJAAA
Share
4.6%
Value
$248m
Shares
4,909,176
-62%
Barings BDCBBDC
Share
2.2%
Value
$116m
Shares
13,639,681
Held
Vanguard Intl Equity Index FVT
Share
2.1%
Value
$115m
Shares
732,779
-15%
Blackrock ETF TrustDYNF
Share
1.0%
Value
$52m
Shares
765,431
+59%
IsharesURTH
Share
1.0%
Value
$51m
Shares
251,883
-5%
State STR Spdr S&P 500 ETF TSPY
Share
0.9%
Value
$48m
Shares
63,642
-18%
PDD HoldingsPDD
Share
0.8%
Value
$45m
Shares
587,937
-9%
Ishares TRFLOT
Share
0.7%
Value
$40m
Shares
780,000
Held
Accelerant HoldingsARX
Share
0.7%
Value
$38m
Shares
3,128,867
Held
AngloGold AshantiAU
Share
0.7%
Value
$37m
Shares
456,162
+6%
Vanguard World FDVGT
Share
0.6%
Value
$34m
Shares
284,064
+18%
Ishares TRUSHY
Share
0.6%
Value
$33m
Shares
886,891
-28%
TotalEnergies SETTE
Share
0.6%
Value
$33m
Shares
418,276
-31%
Wheaton Precious MetalsWPM
Share
0.5%
Value
$28m
Shares
248,925
-8%
Ishares TRIEF
Share
0.5%
Value
$27m
Shares
281,884
-2%
IsharesEWJ
Share
0.5%
Value
$26m
Shares
281,415
-16%
Pacer FDS TRAAAP
Share
0.5%
Value
$25m
Shares
1,000,000
New
Pacer FDS TRPBSC
Share
0.5%
Value
$25m
Shares
1,000,000
New
Ishares TREEM
Share
0.5%
Value
$25m
Shares
364,200
-40%
Vanguard Index FDSVOO
Share
0.5%
Value
$24m
Shares
35,299
Held
AstrazenecaAZN
Share
0.4%
Value
$24m
Shares
126,110
-12%
SeaSE
Share
0.4%
Value
$23m
Shares
244,505
Held
CRH PublicCRH
Share
0.4%
Value
$22m
Shares
203,461
Held
Suncor EnergySU
Share
0.4%
Value
$20m
Shares
374,061
+30%
Nu HoldingsNU
Share
0.4%
Value
$20m
Shares
1,491,372
+41%
Itau Unibanco Hldg S AITUB
Share
0.3%
Value
$17m
Shares
2,043,934
+129%
ChevronCVX
Share
0.3%
Value
$16m
Shares
98,129
-2%
HDFC BankHDB
Share
0.3%
Value
$16m
Shares
607,057
Held
AonAON
Share
0.3%
Value
$15m
Shares
46,248
Held
Global X FDSEMBD
Share
0.3%
Value
$14m
Shares
596,200
Held
NutrienNTR
Share
0.3%
Value
$14m
Shares
224,956
+4%
QiagenQGEN
Share
0.3%
Value
$14m
Shares
356,002
+8%
ExxonMobil HoldingsXOM
Share
0.3%
Value
$14m
Shares
100,721
Held
Beone MedicinesONC
Share
0.2%
Value
$12m
Shares
42,815
Held
Invesco Exch Traded FD TR IIQQQM
Share
0.2%
Value
$12m
Shares
39,184
Held
ConocoPhillipsCOP
Share
0.2%
Value
$12m
Shares
113,783
Held
Ishares TRIWM
Share
0.2%
Value
$10m
Shares
34,127
Held
Darling IngredientsDAR
Share
0.2%
Value
$10m
Shares
182,050
-4%
EOG ResourcesEOG
Share
0.2%
Value
$10m
Shares
75,916
Held
Williams CompaniesWMB
Share
0.2%
Value
$10m
Shares
128,927
+24%
NewmontNEM
Share
0.2%
Value
$9m
Shares
97,945
-3%
FerrariRACE
Share
0.2%
Value
$9m
Shares
24,161
+10%
Mexican Economic DevelopmentFMX
Share
0.2%
Value
$9m
Shares
69,146
-24%
Valero EnergyVLO
Share
0.2%
Value
$9m
Shares
33,649
+24%
Devon EnergyDVN
Share
0.2%
Value
$9m
Shares
208,091
New
Axia Energia SAAXIAY
Share
0.2%
Value
$8m
Shares
782,040
+8%
Joint Stock Co Kaspi.kzKSPI
Share
0.1%
Value
$8m
Shares
88,751
Held
NvidiaNVDA
Share
0.1%
Value
$8m
Shares
38,262
+12%
Contango Silver & GoldCTGO
Share
0.1%
Value
$8m
Shares
476,190
Held
Freeport-McMoRanFCX
Share
0.1%
Value
$7m
Shares
118,626
-17%
FabrinetFN
Share
0.1%
Value
$7m
Shares
13,199
-23%
Vale S AVALE
Share
0.1%
Value
$7m
Shares
477,943
-20%
Phillips 66PSX
Share
0.1%
Value
$7m
Shares
41,977
New
Eos Energy EnterprisesEOSE
Share
0.1%
Value
$7m
Shares
1,204,430
Held
Petroleo Brasileiro S APBR-A
Share
0.1%
Value
$7m
Shares
478,910
+30%
H World GroupHTHT
Share
0.1%
Value
$7m
Shares
165,532
Held
Vanguard Index FDSVTV
Share
0.1%
Value
$7m
Shares
31,595
-66%
CredicorpBAP
Share
0.1%
Value
$7m
Shares
17,585
-38%
Camden Property TrustCPT
Share
0.1%
Value
$7m
Shares
57,104
Held
DeereDE
Share
0.1%
Value
$6m
Shares
10,068
+30%
Diamondback EnergyFANG
Share
0.1%
Value
$6m
Shares
36,210
-5%
Grupo Cibest SACIB
Share
0.1%
Value
$6m
Shares
74,034
-9%
CamecoCCJ
Share
0.1%
Value
$6m
Shares
57,330
+29%
Agnico Eagle MinesAEM
Share
0.1%
Value
$6m
Shares
37,113
-18%
CortevaCTVA
Share
0.1%
Value
$6m
Shares
67,121
+3%
Chemical & Mining CO of ChileSQM
Share
0.1%
Value
$6m
Shares
75,177
-14%
Teck ResourcesTECK
Share
0.1%
Value
$6m
Shares
92,626
-9%
Barrick MiningB
Share
0.1%
Value
$5m
Shares
147,091
-4%
Vaneck ETF TrustGDX
Share
<0.1%
Value
$5m
Shares
71,078
Held
AppleAAPL
Share
<0.1%
Value
$5m
Shares
17,793
+43%
Amazon.comAMZN
Share
<0.1%
Value
$5m
Shares
21,520
+24%
LindeLIN
Share
<0.1%
Value
$5m
Shares
9,684
Held
Barings Participation InvestorsMPV
Share
<0.1%
Value
$5m
Shares
289,151
Held
MicrosoftMSFT
Share
<0.1%
Value
$5m
Shares
12,119
Held
Bunge Global SABG
Share
<0.1%
Value
$5m
Shares
42,250
Held
Archer-Daniels-MidlandADM
Share
<0.1%
Value
$4m
Shares
56,175
+3%
AlphabetGOOGL
Share
<0.1%
Value
$4m
Shares
11,885
-3%
Ishares TRIGF
Share
<0.1%
Value
$4m
Shares
62,966
-17%
Ishares TRICSH
Share
<0.1%
Value
$4m
Shares
78,600
Held
CF Industries HoldingsCF
Share
<0.1%
Value
$4m
Shares
36,537
-42%
SLB LimitedSLB
Share
<0.1%
Value
$4m
Shares
83,065
New
Barings Corporate InvestorsMCI
Share
<0.1%
Value
$4m
Shares
219,664
Held
Ishares TRACWI
Share
<0.1%
Value
$4m
Shares
24,240
-30%
Vivmark ResidentialVMRK
Share
<0.1%
Value
$4m
Shares
52,076
Held
Southern CopperSCCO
Share
<0.1%
Value
$3m
Shares
19,856
-43%
WeyerhaeuserWY
Share
<0.1%
Value
$3m
Shares
143,864
-7%
DOWDOW
Share
<0.1%
Value
$3m
Shares
121,612
-28%
IsharesEZU
Share
<0.1%
Value
$3m
Shares
45,824
-54%
EQTEQT
Share
<0.1%
Value
$3m
Shares
59,017
Held
AgcoAGCO
Share
<0.1%
Value
$3m
Shares
25,301
+3%
Vanguard Scottsdale FDSVCLT
Share
<0.1%
Value
$3m
Shares
39,437
-58%
Micron TechnologyMU
Share
<0.1%
Value
$3m
Shares
2,565
-15%
First TR Exch Traded FD IIIFPE
Share
<0.1%
Value
$3m
Shares
165,116
Held
Bob's Discount FurnitureBOBS
Share
<0.1%
Value
$3m
Shares
180,000
New

Company	Share of fund	Value	Shares	Change
Ishares TRIVV	24.3%	$1.3bn	1,744,190	+4%
Invesco QQQ TRQQQ	11.8%	$636m	863,468	-4%
Ishares TRIWO	11.6%	$622m	1,579,950	Held
Vanguard Scottsdale FDSVCSH	7.5%	$404m	5,108,527	Held
Ishares TRIGSB	6.7%	$358m	6,840,027	Held
Ishares TRLQD	5.5%	$297m	2,720,211	-68%
Janus Detroit STR TRJAAA	4.6%	$248m	4,909,176	-62%
Barings BDCBBDC	2.2%	$116m	13,639,681	Held
Vanguard Intl Equity Index FVT	2.1%	$115m	732,779	-15%
Blackrock ETF TrustDYNF	1.0%	$52m	765,431	+59%
IsharesURTH	1.0%	$51m	251,883	-5%
State STR Spdr S&P 500 ETF TSPY	0.9%	$48m	63,642	-18%
PDD HoldingsPDD	0.8%	$45m	587,937	-9%
Ishares TRFLOT	0.7%	$40m	780,000	Held
Accelerant HoldingsARX	0.7%	$38m	3,128,867	Held
AngloGold AshantiAU	0.7%	$37m	456,162	+6%
Vanguard World FDVGT	0.6%	$34m	284,064	+18%
Ishares TRUSHY	0.6%	$33m	886,891	-28%
TotalEnergies SETTE	0.6%	$33m	418,276	-31%
Wheaton Precious MetalsWPM	0.5%	$28m	248,925	-8%
Ishares TRIEF	0.5%	$27m	281,884	-2%
IsharesEWJ	0.5%	$26m	281,415	-16%
Pacer FDS TRAAAP	0.5%	$25m	1,000,000	New
Pacer FDS TRPBSC	0.5%	$25m	1,000,000	New
Ishares TREEM	0.5%	$25m	364,200	-40%
Vanguard Index FDSVOO	0.5%	$24m	35,299	Held
AstrazenecaAZN	0.4%	$24m	126,110	-12%
SeaSE	0.4%	$23m	244,505	Held
CRH PublicCRH	0.4%	$22m	203,461	Held
Suncor EnergySU	0.4%	$20m	374,061	+30%
Nu HoldingsNU	0.4%	$20m	1,491,372	+41%
Itau Unibanco Hldg S AITUB	0.3%	$17m	2,043,934	+129%
ChevronCVX	0.3%	$16m	98,129	-2%
HDFC BankHDB	0.3%	$16m	607,057	Held
AonAON	0.3%	$15m	46,248	Held
Global X FDSEMBD	0.3%	$14m	596,200	Held
NutrienNTR	0.3%	$14m	224,956	+4%
QiagenQGEN	0.3%	$14m	356,002	+8%
ExxonMobil HoldingsXOM	0.3%	$14m	100,721	Held
Beone MedicinesONC	0.2%	$12m	42,815	Held
Invesco Exch Traded FD TR IIQQQM	0.2%	$12m	39,184	Held
ConocoPhillipsCOP	0.2%	$12m	113,783	Held
Ishares TRIWM	0.2%	$10m	34,127	Held
Darling IngredientsDAR	0.2%	$10m	182,050	-4%
EOG ResourcesEOG	0.2%	$10m	75,916	Held
Williams CompaniesWMB	0.2%	$10m	128,927	+24%
NewmontNEM	0.2%	$9m	97,945	-3%
FerrariRACE	0.2%	$9m	24,161	+10%
Mexican Economic DevelopmentFMX	0.2%	$9m	69,146	-24%
Valero EnergyVLO	0.2%	$9m	33,649	+24%
Devon EnergyDVN	0.2%	$9m	208,091	New
Axia Energia SAAXIAY	0.2%	$8m	782,040	+8%
Joint Stock Co Kaspi.kzKSPI	0.1%	$8m	88,751	Held
NvidiaNVDA	0.1%	$8m	38,262	+12%
Contango Silver & GoldCTGO	0.1%	$8m	476,190	Held
Freeport-McMoRanFCX	0.1%	$7m	118,626	-17%
FabrinetFN	0.1%	$7m	13,199	-23%
Vale S AVALE	0.1%	$7m	477,943	-20%
Phillips 66PSX	0.1%	$7m	41,977	New
Eos Energy EnterprisesEOSE	0.1%	$7m	1,204,430	Held
Petroleo Brasileiro S APBR-A	0.1%	$7m	478,910	+30%
H World GroupHTHT	0.1%	$7m	165,532	Held
Vanguard Index FDSVTV	0.1%	$7m	31,595	-66%
CredicorpBAP	0.1%	$7m	17,585	-38%
Camden Property TrustCPT	0.1%	$7m	57,104	Held
DeereDE	0.1%	$6m	10,068	+30%
Diamondback EnergyFANG	0.1%	$6m	36,210	-5%
Grupo Cibest SACIB	0.1%	$6m	74,034	-9%
CamecoCCJ	0.1%	$6m	57,330	+29%
Agnico Eagle MinesAEM	0.1%	$6m	37,113	-18%
CortevaCTVA	0.1%	$6m	67,121	+3%
Chemical & Mining CO of ChileSQM	0.1%	$6m	75,177	-14%
Teck ResourcesTECK	0.1%	$6m	92,626	-9%
Barrick MiningB	0.1%	$5m	147,091	-4%
Vaneck ETF TrustGDX	<0.1%	$5m	71,078	Held
AppleAAPL	<0.1%	$5m	17,793	+43%
Amazon.comAMZN	<0.1%	$5m	21,520	+24%
LindeLIN	<0.1%	$5m	9,684	Held
Barings Participation InvestorsMPV	<0.1%	$5m	289,151	Held
MicrosoftMSFT	<0.1%	$5m	12,119	Held
Bunge Global SABG	<0.1%	$5m	42,250	Held
Archer-Daniels-MidlandADM	<0.1%	$4m	56,175	+3%
AlphabetGOOGL	<0.1%	$4m	11,885	-3%
Ishares TRIGF	<0.1%	$4m	62,966	-17%
Ishares TRICSH	<0.1%	$4m	78,600	Held
CF Industries HoldingsCF	<0.1%	$4m	36,537	-42%
SLB LimitedSLB	<0.1%	$4m	83,065	New
Barings Corporate InvestorsMCI	<0.1%	$4m	219,664	Held
Ishares TRACWI	<0.1%	$4m	24,240	-30%
Vivmark ResidentialVMRK	<0.1%	$4m	52,076	Held
Southern CopperSCCO	<0.1%	$3m	19,856	-43%
WeyerhaeuserWY	<0.1%	$3m	143,864	-7%
DOWDOW	<0.1%	$3m	121,612	-28%
IsharesEZU	<0.1%	$3m	45,824	-54%
EQTEQT	<0.1%	$3m	59,017	Held
AgcoAGCO	<0.1%	$3m	25,301	+3%
Vanguard Scottsdale FDSVCLT	<0.1%	$3m	39,437	-58%
Micron TechnologyMU	<0.1%	$3m	2,565	-15%
First TR Exch Traded FD IIIFPE	<0.1%	$3m	165,116	Held
Bob's Discount FurnitureBOBS	<0.1%	$3m	180,000	New

Showing the largest 100 of 184.

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 28.6% since 30 June 2025.

Where the money is

Materials3.3%

Energy2.8%

Financial services1.9%

Technology1.0%

Health care0.8%

Everyday goods0.6%

Retail & consumer0.4%

Real estate0.3%

Industrials0.3%

Media & telecom0.1%

Utilities0.0%

Other88.4%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.