Bain Capital Specialty
BCSF
94 hedge funds and large institutions have $447M invested in Bain Capital Specialty in 2020 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 30 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
24% more capital invested
Capital invested by funds: $359M → $447M (+$87.8M)
13% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 30
13% more funds holding
Funds holding: 83 → 94 (+11)
2.41% more ownership
Funds ownership: 54.55% → 56.96% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
74% less call options, than puts
Call options by funds: $197K | Put options by funds: $746K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$8.91M |
| 2 |
FFM
Fullerton Fund Management
Singapore
|
+$5.63M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.85M |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$2.18M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$7.25M |
| 2 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$934K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$899K |
| 4 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
-$776K |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$756K |
BCSF Hedge Fund Activity: Q4 2020 in Review
94 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q4 2020, worth a combined $447M — up 24% from $359M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BCSF positions and 2 closed out — a net gain of 12 holders — while 34 added to existing stakes and 30 trimmed.
The largest buyer was Invesco, adding an estimated $8.91M. The largest seller was Employees Retirement System of Texas, cutting an estimated $7.25M.
- 94 institutional investors held Bain Capital Specialty (BCSF) as of Q4 2020, up from 83 in Q3 2020.
- Funds reported $447M of Bain Capital Specialty stock for Q4 2020, up 24% quarter-over-quarter.
- 14 funds opened new Bain Capital Specialty positions in Q4 2020 and 2 closed out, a net change of +12 holders.
- The largest Bain Capital Specialty buyer in Q4 2020 was Invesco, an estimated $8.91M added.
- The largest Bain Capital Specialty seller in Q4 2020 was Employees Retirement System of Texas, an estimated $7.25M sold.
Based on aggregated 13F filings for Q4 2020.