13F

Position

STEPHENS INC /AR/ in Barings BDC, Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$22.2K$9.18$8.23

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202524K$220.4K0.0%
Q1 202623.4K$192.5K$8.23−$22.2K−$5.66K0.0%