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Bain Capital Specialty

83 hedge funds and large institutions have $359M invested in Bain Capital Specialty in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 24 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 24

1.55% more ownership

Funds ownership: 53%54.55% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

6% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 16

1% less funds holding

Funds holding: 8483 (-1)

6% less capital invested

Capital invested by funds: $379M → $359M (-$20.9M)

13% less call options, than puts

Call options by funds: $104K | Put options by funds: $120K

Holders
83
Holders Change
-1
Holders Change %
-1.19%
% of All Funds
1.67%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
15
Increased
27
Reduced
24
Closed
16
Calls
$104K
Puts
$120K
Net Calls
-$16K
Net Calls Change
-$259K
Name Holding Trade Value Shares
Change
Change in
Stake
GC
26
Guggenheim Capital
Illinois
$1.02M -$75.9K -7,272 -7%
RCM
27
Radcliffe Capital Management
Pennsylvania
$934K -$12.5K -1,200 -1%
CCM
28
Callodine Capital Management
Massachusetts
$918K +$940K +90,000 New
RJFSA
29
Raymond James Financial Services Advisors
Florida
$879K -$198K -18,969 -18%
SI
30
Stephens Inc
Arkansas
$786K -$6.3K -603 -0.8%
Wells Fargo
31
Wells Fargo
California
$738K +$377K +36,094 +99%
Invesco
32
Invesco
Georgia
$715K -$339K -32,427 -32%
SSA
33
Schonfeld Strategic Advisors
New York
$707K +$426K +40,800 +143%
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$634K +$142K +13,638 +28%
FAM
35
Formidable Asset Management
Ohio
$597K +$82.2K +7,875 +16%
MCM
36
McKinley Capital Management
Alaska
$550K +$3.11K +298 +0.6%
MWM
37
Mission Wealth Management
California
$504K -$16.9K -1,618 -3%
BSP
38
Benefit Street Partners
New York
$470K +$482K +46,121 New
RJA
39
Raymond James & Associates
Florida
$467K +$40.9K +3,922 +9%
MIC
40
Meridian Investment Counsel
California
$414K -$522 -50 -0.1%
PP
41
PDT Partners
New York
$403K -$169K -16,205 -29%
CG
42
CFO4Life Group
Texas
$396K +$8.81K +844 +2%
Royal Bank of Canada
43
Royal Bank of Canada
Ontario, Canada
$345K +$43.2K +4,141 +14%
VEA
44
Virtus ETF Advisers
New York
$329K -$47.7K -4,571 -12%
Citadel Advisors
45
Citadel Advisors
Florida
$321K +$329K +31,466 New
William Blair & Company
46
William Blair & Company
Illinois
$302K
TIM
47
Triad Investment Management
California
$257K -$16.9K -1,618 -6%
CC
48
Claybrook Capital
Massachusetts
$224K +$230K +22,000 New
WCM
49
Weld Capital Management
New York
$216K +$221K +21,165 New
WAM
50
Wolverine Asset Management
Illinois
$205K +$103K +9,889 +97%

BCSF Hedge Fund Activity: Q3 2020 in Review

83 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q3 2020, worth a combined $359M — down 5.5% from $379M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of BCSF and 15 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 27 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $11M. The largest seller was Bank of America, cutting an estimated $6.24M.

  • 83 institutional investors held Bain Capital Specialty (BCSF) as of Q3 2020, down from 84 in Q2 2020.
  • Funds reported $359M of Bain Capital Specialty stock for Q3 2020, down 5.5% quarter-over-quarter.
  • 15 funds opened new Bain Capital Specialty positions in Q3 2020 and 16 closed out, a net change of -1 holder.
  • The largest Bain Capital Specialty buyer in Q3 2020 was Rivernorth Capital Management, an estimated $11M added.
  • The largest Bain Capital Specialty seller in Q3 2020 was Bank of America, an estimated $6.24M sold.

Based on aggregated 13F filings for Q3 2020.