Bain Capital Specialty
BCSF
138 hedge funds and large institutions have $497M invested in Bain Capital Specialty in 2024 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 54 increasing their positions, 40 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
35% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 40
2% more funds holding
Funds holding: 135 → 138 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less capital invested
Capital invested by funds: $508M → $497M (-$10.7M)
3.08% less ownership
Funds ownership: 52.18% → 49.1% (-3.1%)
22% less call options, than puts
Call options by funds: $520K | Put options by funds: $664K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$2.98M |
| 2 |
VanEck Associates
New York
|
+$1.61M |
| 3 |
Two Sigma Investments
New York
|
+$1.32M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.29M |
| 5 |
UAG
United Advisor Group
Cincinnati,
Ohio
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.4M |
| 2 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
-$13.4M |
| 3 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$12.1M |
| 4 |
MW
Melia Wealth
Tulsa,
Oklahoma
|
-$1.41M |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$974K |
BCSF Hedge Fund Activity: Q1 2024 in Review
138 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q1 2024, worth a combined $497M — down 2.1% from $508M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BCSF positions and 13 closed out — a net gain of 5 holders — while 54 added to existing stakes and 40 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $2.98M. The largest seller was Morgan Stanley, cutting an estimated $14.4M.
- 138 institutional investors held Bain Capital Specialty (BCSF) as of Q1 2024, up from 135 in Q4 2023.
- Funds reported $497M of Bain Capital Specialty stock for Q1 2024, down 2.1% quarter-over-quarter.
- 18 funds opened new Bain Capital Specialty positions in Q1 2024 and 13 closed out, a net change of +5 holders.
- The largest Bain Capital Specialty buyer in Q1 2024 was Franklin Resources, an estimated $2.98M added.
- The largest Bain Capital Specialty seller in Q1 2024 was Morgan Stanley, an estimated $14.4M sold.
Based on aggregated 13F filings for Q1 2024.