Bain Capital Specialty
BCSF
113 hedge funds and large institutions have $397M invested in Bain Capital Specialty in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 36 reducing their positions, and 16 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.84% less ownership
Funds ownership: 52.46% → 51.62% (-0.84%)
5% less funds holding
Funds holding: 119 → 113 (-6)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
49% less call options, than puts
Call options by funds: $1.28M | Put options by funds: $2.5M
91% less capital invested
Capital invested by funds: $4.61B → $397M (-$4.21B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.57M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.85M |
| 3 |
Legal & General Group
London,
United Kingdom
|
+$1.41M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.34M |
| 5 |
PFMU
Privium Fund Management (UK)
London,
United Kingdom
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.61M |
| 2 |
BlackRock
New York
|
-$2.32M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.07M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.3M |
| 5 |
Jane Street
New York
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
126
Quantbot Technologies
New York
| – | -$93K | -7,814 | Closed |
|
127
Lazard Asset Management
New York
| – | -$22K | -1,853 | Closed |
|
|
BFA
128
BBJS Financial Advisors
Seattle,
Washington
| – | -$15.5K | -1,300 | Closed |
|
|
FA
129
Fiduciary Alliance
Greenville,
South Carolina
| – | -$571 | -48 | Closed |
|
BCSF Hedge Fund Activity: Q1 2023 in Review
113 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q1 2023, worth a combined $397M — down 91% from $4.61B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BCSF and 12 opened new positions — a net loss of 4 holders — while 36 trimmed existing stakes and 43 added.
The largest buyer was Bank of America, adding an estimated $3.57M. The largest seller was Millennium Management, cutting an estimated $4.61M.
- 113 institutional investors held Bain Capital Specialty (BCSF) as of Q1 2023, down from 119 in Q4 2022.
- Funds reported $397M of Bain Capital Specialty stock for Q1 2023, down 91% quarter-over-quarter.
- 12 funds opened new Bain Capital Specialty positions in Q1 2023 and 16 closed out, a net change of -4 holders.
- The largest Bain Capital Specialty buyer in Q1 2023 was Bank of America, an estimated $3.57M added.
- The largest Bain Capital Specialty seller in Q1 2023 was Millennium Management, an estimated $4.61M sold.
Based on aggregated 13F filings for Q1 2023.