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Bain Capital Specialty

87 hedge funds and large institutions have $250M invested in Bain Capital Specialty in 2020 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 16

17.82% more ownership

Funds ownership: 35.35%53.17% (+18%)

12% more funds holding

Funds holding: 7887 (+9)

8% more call options, than puts

Call options by funds: $289K | Put options by funds: $267K

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

11% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 27

29% less capital invested

Capital invested by funds: $354M → $250M (-$104M)

Holders
87
Holders Change
+9
Holders Change %
+11.54%
% of All Funds
1.92%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
27
Increased
24
Reduced
27
Closed
16
Calls
$289K
Puts
$267K
Net Calls
+$22K
Net Calls Change
-$134K
Name Holding Trade Value Shares
Change
Change in
Stake
PI
76
PEAK6 Investments
Illinois
$45K +$84.8K +4,938 New
JP Morgan Chase
77
JP Morgan Chase
New York
$32K -$203K -11,817 -77%
Victory Capital Management
78
Victory Capital Management
Texas
$24K +$47K +2,735 New
SPIA
79
Steward Partners Investment Advisory
New York
$22K +$5.69K +331 +15%
SF
80
Synovus Financial
Georgia
$11K +$24K +1,398 New
ASN
81
Advisory Services Network
Georgia
$10K -$17 -1 -0.1%
PFO
82
Pathstone Family Office
New Jersey
$9K +$17.5K +1,019 New
RMC
83
Resources Management Corp
Connecticut
$6K
QT
84
Quantbot Technologies
New York
$6K +$12.7K +738 New
WEC
85
Winslow Evans & Crocker
Massachusetts
$4K
FDCDDQ
86
Federation des caisses Desjardins du Quebec
Quebec, Canada
$2.78K +$5.26K +306 New
VCP
87
Verus Capital Partners
Arizona
$1K +$1.75K +102 New
ICM
88
Indaba Capital Management
California
-$8.36M -431,254 Closed
GC
89
Gillson Capital
Illinois
-$1.95M -100,319 Closed
Russell Investments Group
90
Russell Investments Group
United Kingdom
-$507K -26,188 Closed
OAM
91
Oxford Asset Management
United Kingdom
-$498K -25,703 Closed
EGA
92
Eagle Global Advisors
Texas
-$474K -24,446 Closed
PAMG
93
Patton Albertson Miller Group
Tennessee
-$272K -14,031 Closed
IC
94
Inscription Capital
Texas
-$278K -14,024 Closed
AWA
95
Arete Wealth Advisors
Illinois
-$266K -13,695 Closed
QC
96
Quadrature Capital
United Kingdom
-$253K -13,069 Closed
Neuberger Berman Group
97
Neuberger Berman Group
New York
-$241K -12,424 Closed
SW
98
SVB Wealth
Massachusetts
-$228K -11,739 Closed
PCM
99
Prelude Capital Management
New York
-$128K -6,624 Closed
FWM
100
FSA Wealth Management
Massachusetts
-$16K -815 Closed

BCSF Hedge Fund Activity: Q1 2020 in Review

87 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q1 2020, worth a combined $250M — down 29% from $354M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new BCSF positions and 16 closed out — a net gain of 11 holders — while 24 added to existing stakes and 27 trimmed.

The largest buyer was Bain Capital Credit, opening a new position worth an estimated $152M. The largest seller was UBS Group, cutting an estimated $12M.

  • 87 institutional investors held Bain Capital Specialty (BCSF) as of Q1 2020, up from 78 in Q4 2019.
  • Funds reported $250M of Bain Capital Specialty stock for Q1 2020, down 29% quarter-over-quarter.
  • 27 funds opened new Bain Capital Specialty positions in Q1 2020 and 16 closed out, a net change of +11 holders.
  • The largest Bain Capital Specialty buyer in Q1 2020 was Bain Capital Credit, an estimated $152M added.
  • The largest Bain Capital Specialty seller in Q1 2020 was UBS Group, an estimated $12M sold.

Based on aggregated 13F filings for Q1 2020.