Bain Capital Specialty
BCSF
147 hedge funds and large institutions have $552M invested in Bain Capital Specialty in 2025 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 60 increasing their positions, 36 reducing their positions, and 16 closing their positions.
270% more call options, than puts
Call options by funds: $4.59M | Put options by funds: $1.24M
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
67% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 36
8% more funds holding
Funds holding: 136 → 147 (+11)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.59% less ownership
Funds ownership: 52.05% → 51.46% (-0.59%)
6% less capital invested
Capital invested by funds: $590M → $552M (-$38M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.53M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.49M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$2.15M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$1.49M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SILC
Starr Indemnity & Liability Company
New York
|
-$9.56M |
| 2 |
BCC
Bain Capital Credit
Boston,
Massachusetts
|
-$8.59M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.27M |
| 4 |
CWA
Cura Wealth Advisors
Chicago,
Illinois
|
-$2.04M |
| 5 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$1.37M |
BCSF Hedge Fund Activity: Q1 2025 in Review
147 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q1 2025, worth a combined $552M — down 6.4% from $590M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BCSF positions and 16 closed out — a net gain of 14 holders — while 60 added to existing stakes and 36 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $3.53M. The largest seller was Starr Indemnity & Liability Company, cutting an estimated $9.56M.
- 147 institutional investors held Bain Capital Specialty (BCSF) as of Q1 2025, up from 136 in Q4 2024.
- Funds reported $552M of Bain Capital Specialty stock for Q1 2025, down 6.4% quarter-over-quarter.
- 30 funds opened new Bain Capital Specialty positions in Q1 2025 and 16 closed out, a net change of +14 holders.
- The largest Bain Capital Specialty buyer in Q1 2025 was Millennium Management, an estimated $3.53M added.
- The largest Bain Capital Specialty seller in Q1 2025 was Starr Indemnity & Liability Company, an estimated $9.56M sold.
Based on aggregated 13F filings for Q1 2025.