Bain Capital Specialty
BCSF
84 hedge funds and large institutions have $379M invested in Bain Capital Specialty in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 31 reducing their positions, and 19 closing their positions.
426% more capital inflows, than outflows
Capital inflows: $87.5M | Capital outflows: $16.6M
157% more call options, than puts
Call options by funds: $398K | Put options by funds: $155K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 31
0.83% more ownership
Funds ownership: 52.18% → 53% (+0.83%)
3% less funds holding
Funds holding: 87 → 84 (-3)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bain Capital Credit
Boston,
Massachusetts
|
+$30.6M |
| 2 |
Employees Retirement System of Texas
Austin,
Texas
|
+$18.5M |
| 3 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$10M |
| 4 |
Dimension Capital Management
Coral Gables,
Florida
|
+$8.78M |
| 5 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$3.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IHT Wealth Management
Chicago,
Illinois
|
-$2.72M |
| 2 |
Two Sigma Investments
New York
|
-$1.92M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$1.84M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.06M |
| 5 |
Relative Value Partners Group
|
-$886K |
BCSF Hedge Fund Activity: Q2 2020 in Review
84 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q2 2020, worth a combined $379M — up 52% from $250M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BCSF and 17 opened new positions — a net loss of 2 holders — while 31 trimmed existing stakes and 36 added.
The largest buyer was Bain Capital Credit, adding an estimated $30.6M. The largest seller was IHT Wealth Management, exiting entirely with an estimated $2.72M sold.
- 84 institutional investors held Bain Capital Specialty (BCSF) as of Q2 2020, down from 87 in Q1 2020.
- Funds reported $379M of Bain Capital Specialty stock for Q2 2020, up 52% quarter-over-quarter.
- 17 funds opened new Bain Capital Specialty positions in Q2 2020 and 19 closed out, a net change of -2 holders.
- The largest Bain Capital Specialty buyer in Q2 2020 was Bain Capital Credit, an estimated $30.6M added.
- The largest Bain Capital Specialty seller in Q2 2020 was IHT Wealth Management, an estimated $2.72M sold.
Based on aggregated 13F filings for Q2 2020.