Barings LLC

Hedge fund manager

Barings LLC is an SEC-registered investment adviser based in Charlotte, NC that reports managing 4 hedge funds on Form ADV. It reports $392.8 billion in regulatory assets under management. Its private funds, of all types, hold $30.2 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +4.6% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +24.3% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management: $392.8 billionForm ADV Item 5.F
Gross assets of private funds: $30.2 billionAll private fund types, Form ADV
Hedge funds managed: 491 private funds in total
Employees: 1,101Form ADV Item 5.A
Registration: SEC-registered adviserCRD 106006
Latest Form ADV: 08/11/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD+4.6%Through Q2 2026 · S&P 500 +9.5%

Est. 2-year return+24.3%Q3 2024 – Q2 2026

S&P 500+37.2%Same quarters, price only

13F holdings$5.4 billion183 positions, 2026-06-30

Quarter	Est. 13F return	S&P 500
Q2 2026	+7.1%	+14.8%
Q1 2026	-2.3%	-4.6%
Q4 2025	+1.1%	+2.4%
Q3 2025	+7.2%	+7.8%
Q2 2025	+7.6%	+10.4%
Q1 2025	-1.6%	-4.5%
Q4 2024	-1.3%	+2.1%
Q3 2024	+4.9%	+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

Ishares Core S&P 500 ETF$1.3 billion
Invesco QQQ Trust$635.9 million
Ishares Russell 2000 Growth$622.4 million
Vanguard Scottsdale FDS$403.7 million
Ishares 1-5 Year Investment Grade Corporate Bond ETF$358.5 million
Ishares TR$296.7 million
Janus Henderson Aaa Clo ETF$247.9 million
Barings BDC, Inc.$116.2 million
Vanguard Intl Equity Index F$115.0 million
Blackrock US Equity Factor Rot$52.1 million

As of 2026-06-30, from 13F filing by Barings LLC.

Private equity funds filing Form D (3)

Fund

First sale

Raised

Investors

Minimum

Offering

Diversified Private Income Fund, L.P.

Barings Emerging Generation Fund III, LP

Barings Portfolio Finance Investment Grade Fund, LP

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

Private funds reported on Form ADV (64)

Fund

Gross assets

Minimum

Owners

Adviser

Barings Global Investment Funds 2 PLC