Bain Capital Specialty
BCSF
143 hedge funds and large institutions have $486M invested in Bain Capital Specialty in 2025 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 59 increasing their positions, 38 reducing their positions, and 25 closing their positions.
209% more call options, than puts
Call options by funds: $2.55M | Put options by funds: $827K
55% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 38
1.61% less ownership
Funds ownership: 51.46% → 49.85% (-1.6%)
3% less funds holding
Funds holding: 147 → 143 (-4)
12% less capital invested
Capital invested by funds: $552M → $486M (-$65.3M)
16% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 25
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.33M |
| 2 |
MC
Muzinich & Co
New York
|
+$2.92M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.72M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$1.49M |
| 5 |
HT
Heritage Trust
Oklahoma City,
Oklahoma
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.76M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$5.67M |
| 3 |
CM
Columbus Macro
New Castle,
Pennsylvania
|
-$5.65M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.36M |
| 5 |
Two Sigma Investments
New York
|
-$2.41M |
BCSF Hedge Fund Activity: Q2 2025 in Review
143 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q2 2025, worth a combined $486M — down 12% from $552M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BCSF and 21 opened new positions — a net loss of 4 holders — while 38 trimmed existing stakes and 59 added.
The largest buyer was UBS Group, adding an estimated $3.33M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $5.76M sold.
- 143 institutional investors held Bain Capital Specialty (BCSF) as of Q2 2025, down from 147 in Q1 2025.
- Funds reported $486M of Bain Capital Specialty stock for Q2 2025, down 12% quarter-over-quarter.
- 21 funds opened new Bain Capital Specialty positions in Q2 2025 and 25 closed out, a net change of -4 holders.
- The largest Bain Capital Specialty buyer in Q2 2025 was UBS Group, an estimated $3.33M added.
- The largest Bain Capital Specialty seller in Q2 2025 was Envestnet Asset Management, an estimated $5.76M sold.
Based on aggregated 13F filings for Q2 2025.