On May 13, 2026, Channing Capital Management, LLC disclosed a new position in Belden (NYSE:BDC), acquiring 710,458 shares in a trade estimated at $89.48 million based on average quarterly pricing.
What happened According to an SEC filing dated May 13, 2026, Channing Capital Management, LLC reported acquiring 710,458 shares of Belden during the first quarter
The estimated value of the trade was $89.48 million, based on the average closing price over the quarter. The new position closed the quarter valued at $81.58 million, with the net position change reflecting both the purchase and any movement in share price. What else to know This was a new position for the fund, representing 2.09% of the fund’s 13F reportable assets under management at quarter-end.
Top holdings after the filing: – NASDAQ:LFUS: $99.92 million (2.6% of AUM) – NYSE:MSA: $99.59 million (2.6% of AUM) – NYSE:VVV: $99.10 million (2.5% of AUM) – NYSE:SWX: $96.18 million (2.5% of AUM) – NYSE:TKR: $93.55 million (2.4% of AUM) As of May 13, 2026, shares of Belden were priced at $108.89, down 4.2% over the past year, underperforming the S&P 500 by 30.68 percentage points on a price basis. Company overview Company snapshot – Offers signal transmission solutions, including copper and fiber cabling, connectivity systems, industrial Ethernet switches, and network management products, serving both enterprise and industrial applications. – Generates revenue through the sale of infrastructure components and end-to-end networking solutions for data centers, local area networks, automation, and mission-critical industrial operations. – Primary customers include distributors, original equipment manufacturers, installers, service providers, and end-users across commercial, industrial, government, and specialized verticals. Belden is a global provider of advanced signal transmission and networking solutions, with a strong presence in both enterprise and industrial markets.