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Bain Capital Specialty

95 hedge funds and large institutions have $500M invested in Bain Capital Specialty in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 24

20% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 15

12% more capital invested

Capital invested by funds: $447M → $500M (+$53.1M)

1% more funds holding

Funds holding: 9495 (+1)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

4.56% less ownership

Funds ownership: 56.96%52.4% (-4.6%)

52% less call options, than puts

Call options by funds: $872K | Put options by funds: $1.81M

Holders
95
Holders Change
+1
Holders Change %
+1.06%
% of All Funds
1.67%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
18
Increased
33
Reduced
24
Closed
15
Calls
$872K
Puts
$1.81M
Net Calls
-$940K
Net Calls Change
-$391K
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Bain Capital Credit
Massachusetts
$175M
DCM
2
Dimension Capital Management
Florida
$68.9M +$1.18M +85,325 +2%
ERSOT
3
Employees Retirement System of Texas
Texas
$50M -$26.8M -1,941,377 -36%
UBS Group
4
UBS Group
Switzerland
$28.9M -$139K -10,076 -0.5%
Bank of America
5
Bank of America
North Carolina
$19.7M +$4.76M +345,783 +35%
Arrowstreet Capital
6
Arrowstreet Capital
Massachusetts
$15.1M +$3.06M +221,750 +28%
Invesco
7
Invesco
Georgia
$14.1M +$1.12M +80,939 +9%
VanEck Associates
8
VanEck Associates
New York
$11.6M +$1.61M +116,734 +17%
SIC
9
Starr International Company
Switzerland
$11.5M +$151K +10,951 +1%
IWM
10
IHT Wealth Management
Illinois
$10.6M +$143K +10,350 +1%
MC
11
Muzinich & Co
New York
$6.88M +$143K +10,376 +2%
Sumitomo Mitsui Trust Group
12
Sumitomo Mitsui Trust Group
Japan
$6.86M +$233K +16,946 +4%
Morgan Stanley
13
Morgan Stanley
New York
$6.75M +$209K +15,158 +3%
CVSCT
14
C.V. Starr & Co Trust
New York
$6.05M
BlackRock
15
BlackRock
New York
$4.49M +$183K +13,283 +5%
GC
16
Gillson Capital
Illinois
$4.16M +$571K +41,470 +17%
GF
17
Gries Financial
Ohio
$3.55M +$3.11M +225,692 New
RCM
18
Rivernorth Capital Management
Florida
$3.5M -$26.5M -1,923,786 -89%
Citadel Advisors
19
Citadel Advisors
Florida
$3.03M +$1.6M +116,425 +132%
HAC
20
Harbor Advisory Corp
New Hampshire
$2.99M +$2.79M +202,316 New
KAS
21
Kestra Advisory Services
Texas
$2.81M -$55.8K -4,051 -2%
CCM
22
Callodine Capital Management
Massachusetts
$2.73M +$138K +10,000 +6%
BFA
23
Beaumont Financial Advisors
Massachusetts
$2.67M -$179K -12,984 -7%
SSA
24
Schonfeld Strategic Advisors
New York
$2.44M +$452K +32,820 +25%
HighTower Advisors
25
HighTower Advisors
Illinois
$2.44M -$89.6K -6,502 -4%

BCSF Hedge Fund Activity: Q1 2021 in Review

95 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q1 2021, worth a combined $500M — up 12% from $447M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new BCSF positions and 15 closed out — a net gain of 3 holders — while 33 added to existing stakes and 24 trimmed.

The largest buyer was Bank of America, adding an estimated $4.76M. The largest seller was Employees Retirement System of Texas, cutting an estimated $26.8M.

  • 95 institutional investors held Bain Capital Specialty (BCSF) as of Q1 2021, up from 94 in Q4 2020.
  • Funds reported $500M of Bain Capital Specialty stock for Q1 2021, up 12% quarter-over-quarter.
  • 18 funds opened new Bain Capital Specialty positions in Q1 2021 and 15 closed out, a net change of +3 holders.
  • The largest Bain Capital Specialty buyer in Q1 2021 was Bank of America, an estimated $4.76M added.
  • The largest Bain Capital Specialty seller in Q1 2021 was Employees Retirement System of Texas, an estimated $26.8M sold.

Based on aggregated 13F filings for Q1 2021.