Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Bain Cap Specialty Fin Inc (BCSF)

133 + Investors. Track Smart Money conviction in BCSF. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -6
Streak
1Q ▼
Buyers last Q
45%

Smart Money Signals — BCSF

Based on 133 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BCSF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 89% of 3.0Y peak

89% of all-time peak
133 funds currently hold this stock — 89% of the 3.0-year high of 149 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 11% fewer funds vs a year ago

fund count last 6Q
16 fewer hedge funds hold BCSF compared to a year ago (-11% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 45% buying

62 buying77 selling
Last quarter: 77 funds reduced or exited vs 62 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~21 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 16 → 15 → 25 → 21. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 20% medium ■ 24% new
75 out of 133 hedge funds have held BCSF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

30 → 16 → 15 → 25 → 21 new funds/Q
New funds entering each quarter: 16 → 15 → 25 → 21. A growing number of institutions are discovering BCSF each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 60% of holders stayed 2+ years

■ 60% veterans ■ 16% 1-2yr ■ 24% new
Of 136 current holders: 81 (60%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 23% AUM from major funds

23% from top-100 AUM funds
25 of 133 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BCSF

In 2026 Q1, 62 hedge funds were net buyers of BCSF (21 opened a new position, 41 added to an existing one), while 77 reduced or exited (50 trimmed, 27 sold completely) — a 45% buyer ratio, indicating roughly balanced activity. 23% of total institutional value in BCSF is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 133.

Hedge Fund Ownership: BCSF

How many hedge funds hold BCSF — quarterly history vs. share price
Quarterly hedge fund ownership of BCSF vs. share price

Market Analysis: BCSF

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BCSF

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Bain Cap Specialty Fin Inc (BCSF) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BCSF has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
BCSF
nan%
XLF
+9.5%

BCSF outperformed XLF by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
BCSF
nan%
XLF
+5.8%

Since the filing became public, BCSF outperformed XLF by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 2 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: BCSF
133 + Investors

Track Smart Money conviction in BCSF. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 133 139 -4.32%
13F Shares 36M 35M 2.86%
Total Value $425M $481M -11.78%
New Positions 21 25 -4
Increased Positions 39 45 -6
Closed Positions 27 22 +5
Reduced Positions 49 43 +6
Total Calls 3 3 -
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.33 0.67 Bullish

Statistics: BCSF

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

133 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BCSF. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BCSF holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Bain Capital Credit, LP 48.39% 11,822,433 $146.6M
2 Melia Wealth LLC 6.98% 1,163,088 $14.4M
3 Panoramic Investment Advisors, LLC 6.98% 1,163,189 $14.4M
4 North Ground Capital 4.99% 333,982 $4.1M
5 Muzinich & Co., Inc. 3.48% 801,257 $9.9M
6 Dimension Capital Management LLC 2.13% 1,224,490 $15.2M
7 Closed-End Fund Advisors, Inc. 0.96% 76,102 $944K
8 Hager Investment Management Services, LLC 0.87% 127,430 $1.6M
9 Garner Asset Management Corp 0.35% 71,206 $883K
10 M.E. Allison & CO., INC. 0.20% 24,527 $304K
11 nVerses Capital, LLC 0.19% 17,290 $214K
12 Alpine Global Management, LLC 0.19% 101,384 $1.3M
13 Curated Wealth Partners LLC 0.16% 100,000 $1.2M
14 Hennion & Walsh Asset Management, Inc. 0.15% 355,903 $4.4M
15 Virtus Investment Advisers, LLC 0.15% 42,488 $527K
16 Caz Investments LP 0.14% 10,000 $124K
17 Heritage Trust Co 0.11% 91,325 $1.1M
18 Dynamic Technology Lab Private Ltd 0.11% 56,253 $698K
19 United Advisor Group, LLC 0.11% 73,793 $915K
20 Cresset Asset Management, LLC 0.11% 2,072,844 $25.7M
21 Seelaus Asset Management LLC 0.11% 12,050 $149K
22 Callodine Capital Management, LP 0.09% 107,349 $1.3M
23 Cottage Street Advisors LLC 0.09% 17,000 $211K
24 Norden Group LLC 0.08% 70,222 $871K
25 Arax Advisory Partners 0.08% 230,050 $2.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Bain Cap Specialty Fin Inc (BCSF)

What does the Smart Money Trend signal show for BCSF?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BCSF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BCSF?

More sellers than buyers — 45% buying: Last quarter: 77 funds reduced or exited vs 62 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for BCSF holders?

Strong quality — 23% AUM from major funds: 25 of 133 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BCSF?

56% of holders stayed for 2+ years: 75 out of 133 hedge funds have held BCSF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Bain Cap Specialty Fin Inc (BCSF) following the 2026 Q1 hedge fund 13F filings?

As of today, BCSF has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), BCSF has gained nan% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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