Bain Capital Specialty
BCSF
29 hedge funds and large institutions have $94.1M invested in Bain Capital Specialty in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 10 closing their positions.
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
52% more capital invested
Capital invested by funds: $61.9M → $94.1M (+$32.2M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
45% more funds holding
Funds holding: 20 → 29 (+9)
2.31% more ownership
Funds ownership: 7.16% → 9.48% (+2.3%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
Starr International Company
Zug,
Switzerland
|
+$13.2M |
| 2 |
MC
Muzinich & Co
New York
|
+$8.5M |
| 3 |
CVSCT
C.V. Starr & Co Trust
New York
|
+$6.59M |
| 4 |
VanEck Associates
New York
|
+$5.2M |
| 5 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
+$3.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.44M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$3.64M |
| 3 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$3.16M |
| 4 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$2.74M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$1.55M |
BCSF Hedge Fund Activity: Q1 2019 in Review
29 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q1 2019, worth a combined $94.1M — up 52% from $61.9M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BCSF positions and 10 closed out — a net gain of 9 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Starr International Company, opening a new position worth an estimated $13.2M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $4.44M sold.
- 29 institutional investors held Bain Capital Specialty (BCSF) as of Q1 2019, up from 20 in Q4 2018.
- Funds reported $94.1M of Bain Capital Specialty stock for Q1 2019, up 52% quarter-over-quarter.
- 19 funds opened new Bain Capital Specialty positions in Q1 2019 and 10 closed out, a net change of +9 holders.
- The largest Bain Capital Specialty buyer in Q1 2019 was Starr International Company, an estimated $13.2M added.
- The largest Bain Capital Specialty seller in Q1 2019 was Rivernorth Capital Management, an estimated $4.44M sold.
Based on aggregated 13F filings for Q1 2019.