Bain Capital Specialty
BCSF
142 hedge funds and large institutions have $477M invested in Bain Capital Specialty in 2025 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 45 increasing their positions, 43 reducing their positions, and 21 closing their positions.
363% more call options, than puts
Call options by funds: $2.07M | Put options by funds: $447K
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
2% more funds holding
Funds holding: 139 → 142 (+3)
1.42% more ownership
Funds ownership: 51.42% → 52.83% (+1.4%)
5% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 43
0% more capital invested
Capital invested by funds: $475M → $477M (+$1.58M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
CF Capital
Cohasset,
Massachusetts
|
+$6.33M |
| 2 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$4.51M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$2.51M |
| 4 |
Two Sigma Investments
New York
|
+$1.97M |
| 5 |
MC
Muzinich & Co
New York
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$13.5M |
| 2 |
Morgan Stanley
New York
|
-$2.38M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2.24M |
| 4 |
Millennium Management
New York
|
-$1.27M |
| 5 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$1.04M |
BCSF Hedge Fund Activity: Q4 2025 in Review
142 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Bain Capital Specialty (BCSF) for Q4 2025, worth a combined $477M — up 0.33% from $475M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BCSF positions and 21 closed out — a net gain of 4 holders — while 45 added to existing stakes and 43 trimmed.
The largest buyer was CF Capital, adding an estimated $6.33M. The largest seller was Bank of America, cutting an estimated $13.5M.
- 142 institutional investors held Bain Capital Specialty (BCSF) as of Q4 2025, up from 139 in Q3 2025.
- Funds reported $477M of Bain Capital Specialty stock for Q4 2025, up 0.33% quarter-over-quarter.
- 25 funds opened new Bain Capital Specialty positions in Q4 2025 and 21 closed out, a net change of +4 holders.
- The largest Bain Capital Specialty buyer in Q4 2025 was CF Capital, an estimated $6.33M added.
- The largest Bain Capital Specialty seller in Q4 2025 was Bank of America, an estimated $13.5M sold.
Based on aggregated 13F filings for Q4 2025.