Bain Capital Specialty
BCSF
125 hedge funds and large institutions have $509M invested in Bain Capital Specialty in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 44 increasing their positions, 36 reducing their positions, and 17 closing their positions.
200% more call options, than puts
Call options by funds: $4.39M | Put options by funds: $1.46M
53% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 17
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
22% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 36
12% more capital invested
Capital invested by funds: $453M → $509M (+$56.1M)
8% more funds holding
Funds holding: 116 → 125 (+9)
0.41% less ownership
Funds ownership: 51.95% → 51.54% (-0.41%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.88M |
| 2 |
JP Morgan Chase
New York
|
+$2.15M |
| 3 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$1.51M |
| 4 |
GL
Graypoint LLC
Albany,
New York
|
+$1.1M |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$7.84M |
| 2 |
HAC
Harbor Advisory Corp
Portsmouth,
New Hampshire
|
-$4.35M |
| 3 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
-$1.86M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.52M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.41M |
BCSF Hedge Fund Activity: Q3 2023 in Review
125 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q3 2023, worth a combined $509M — up 12% from $453M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BCSF positions and 17 closed out — a net gain of 9 holders — while 44 added to existing stakes and 36 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.88M. The largest seller was Employees Retirement System of Texas, cutting an estimated $7.84M.
- 125 institutional investors held Bain Capital Specialty (BCSF) as of Q3 2023, up from 116 in Q2 2023.
- Funds reported $509M of Bain Capital Specialty stock for Q3 2023, up 12% quarter-over-quarter.
- 26 funds opened new Bain Capital Specialty positions in Q3 2023 and 17 closed out, a net change of +9 holders.
- The largest Bain Capital Specialty buyer in Q3 2023 was Morgan Stanley, an estimated $5.88M added.
- The largest Bain Capital Specialty seller in Q3 2023 was Employees Retirement System of Texas, an estimated $7.84M sold.
Based on aggregated 13F filings for Q3 2023.