Bain Capital Specialty
BCSF
94 hedge funds and large institutions have $494M invested in Bain Capital Specialty in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 13 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less capital invested
Capital invested by funds: $500M → $494M (-$6.48M)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 95 → 94 (-1)
2.39% less ownership
Funds ownership: 52.4% → 50.01% (-2.4%)
99% less call options, than puts
Call options by funds: $6K | Put options by funds: $508K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.04M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$1.92M |
| 3 |
Morgan Stanley
New York
|
+$1.56M |
| 4 |
Two Sigma Advisers
New York
|
+$1.52M |
| 5 |
SC
Sierra Capital
Miami,
Florida
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$20.3M |
| 2 |
GF
Gries Financial
Cleveland,
Ohio
|
-$3.55M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.81M |
| 4 |
GC
Gillson Capital
Chicago,
Illinois
|
-$2.14M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$1.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAIM
101
International Assets Investment Management
Orlando,
Florida
| – | -$82K | -6,750 | Closed |
|
|
TRCT
102
Tower Research Capital (TRC)
New York
| – | -$15K | -1,053 | Closed |
|
|
CA
103
Clearstead Advisors
Cleveland,
Ohio
| – | -$12K | -800 | Closed |
|
|
S
104
SignatureFD
Atlanta,
Georgia
| – | -$7.87K | -499 | -100% |
|
105
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5K | -350 | Closed |
|
106
Simplex Trading
Chicago,
Illinois
| – | +$631 | +40 | New |
|
BCSF Hedge Fund Activity: Q2 2021 in Review
94 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q2 2021, worth a combined $494M — down 1.3% from $500M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BCSF and 12 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 33 added.
The largest buyer was Bank of America, adding an estimated $4.04M. The largest seller was Employees Retirement System of Texas, cutting an estimated $20.3M.
- 94 institutional investors held Bain Capital Specialty (BCSF) as of Q2 2021, down from 95 in Q1 2021.
- Funds reported $494M of Bain Capital Specialty stock for Q2 2021, down 1.3% quarter-over-quarter.
- 12 funds opened new Bain Capital Specialty positions in Q2 2021 and 13 closed out, a net change of -1 holder.
- The largest Bain Capital Specialty buyer in Q2 2021 was Bank of America, an estimated $4.04M added.
- The largest Bain Capital Specialty seller in Q2 2021 was Employees Retirement System of Texas, an estimated $20.3M sold.
Based on aggregated 13F filings for Q2 2021.