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Bain Capital Specialty

135 hedge funds and large institutions have $508M invested in Bain Capital Specialty in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 38 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

296% more call options, than puts

Call options by funds: $3.13M | Put options by funds: $791K

123% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 13

29% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 38

8% more funds holding

Funds holding: 125135 (+10)

0.64% more ownership

Funds ownership: 51.54%52.18% (+0.64%)

0% less capital invested

Capital invested by funds: $509M → $508M (-$1.53M)

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
135
Holders Change
+10
Holders Change %
+8%
% of All Funds
1.97%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.04%
New
29
Increased
49
Reduced
38
Closed
13
Calls
$3.13M
Puts
$791K
Net Calls
+$2.34M
Net Calls Change
-$580K
Name Holding Trade Value Shares
Change
Change in
Stake
BCC
1
Bain Capital Credit
Massachusetts
$186M
Bank of America
2
Bank of America
North Carolina
$61.9M -$226K -14,850 -0.4%
DCM
3
Dimension Capital Management
Florida
$52M -$3.22M -211,391 -6%
Morgan Stanley
4
Morgan Stanley
New York
$32.2M +$18.2M +1,195,425 +127%
ERSOT
5
Employees Retirement System of Texas
Texas
$20.9M -$608K -39,945 -3%
UBS Group
6
UBS Group
Switzerland
$16.8M -$180K -11,830 -1%
MW
7
Melia Wealth
Oklahoma
$14.3M +$14.5M +950,687 New
VanEck Associates
8
VanEck Associates
New York
$11.8M +$654K +43,011 +6%
Legal & General Group
9
Legal & General Group
United Kingdom
$7.57M +$567K +37,295 +8%
Millennium Management
10
Millennium Management
New York
$6.22M +$2.34M +153,839 +59%
HWAM
11
Hennion & Walsh Asset Management
New Jersey
$5.43M +$770K +50,602 +16%
Two Sigma Advisers
12
Two Sigma Advisers
New York
$4.87M +$2.16M +142,000 +78%
Two Sigma Investments
13
Two Sigma Investments
New York
$4.66M +$2.22M +145,945 +89%
AWA
14
Arete Wealth Advisors
Illinois
$3.62M -$541K -35,568 -13%
MC
15
Muzinich & Co
New York
$3.58M -$445K -29,231 -11%
Sumitomo Mitsui Trust Group
16
Sumitomo Mitsui Trust Group
Japan
$3.47M -$385K -25,309 -10%
Mariner
17
Mariner
Kansas
$3.13M +$20.3K +1,331 +0.6%
Pathstone Holdings
18
Pathstone Holdings
New Jersey
$2.88M +$2.91M +191,243 New
Rockefeller Capital Management
19
Rockefeller Capital Management
New York
$2.86M +$326K +21,447 +13%
BlackRock
20
BlackRock
New York
$2.82M +$64.4K +4,235 +2%
KAS
21
Kestra Advisory Services
Texas
$2.36M -$126K -8,299 -5%
PI
22
Putnam Investments
Massachusetts
$2.3M +$575K +37,769 +33%
JP Morgan Chase
23
JP Morgan Chase
New York
$2.24M -$138K -9,098 -6%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$2.11M +$5.81K +382 +0.3%
TYCC
25
Texas Yale Capital Corp
Florida
$1.98M +$19.9K +1,310 +1%

BCSF Hedge Fund Activity: Q4 2023 in Review

135 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q4 2023, worth a combined $508M — down 0.3% from $509M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new BCSF positions and 13 closed out — a net gain of 16 holders — while 49 added to existing stakes and 38 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $18.2M. The largest seller was Invesco, exiting entirely with an estimated $10.4M sold.

  • 135 institutional investors held Bain Capital Specialty (BCSF) as of Q4 2023, up from 125 in Q3 2023.
  • Funds reported $508M of Bain Capital Specialty stock for Q4 2023, down 0.3% quarter-over-quarter.
  • 29 funds opened new Bain Capital Specialty positions in Q4 2023 and 13 closed out, a net change of +16 holders.
  • The largest Bain Capital Specialty buyer in Q4 2023 was Morgan Stanley, an estimated $18.2M added.
  • The largest Bain Capital Specialty seller in Q4 2023 was Invesco, an estimated $10.4M sold.

Based on aggregated 13F filings for Q4 2023.