Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in BCSF held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Bain Capital Credit, LP | 11.8M | $148.0M | 0.0% | 18.225% | 40.24% |
| 2 | BANK OF AMERICA CORP /DE/ | 2.5M | $31.8M | -7.2% | 3.916% | 0.00% |
| 3 | Cresset Asset Management, LLC | 2.4M | $30.0M | +15.5% | 3.691% | 0.11% |
| 4 | UBS Group AG | 1.5M | $18.3M | +4.0% | 2.251% | 0.00% |
| 5 | VAN ECK ASSOCIATES CORP | 1.4M | $17.3M | +22.6% | 2.125% | 0.01% |
| 6 | TWO SIGMA INVESTMENTS, LP | 1.4M | $17.2M | -9.3% | 2.119% | 0.01% |
| 7 | MORGAN STANLEY | 1.3M | $15.7M | +9.5% | 1.935% | 0.00% |
| 8 | DIMENSION CAPITAL MANAGEMENT LLC | 1.3M | $15.7M | +2.4% | 1.933% | 1.84% |
| 9 | Melia Wealth LLC | 873K | $10.9M | -25.0% | 1.345% | 6.29% |
| 10 | Muzinich & Co., Inc. | 847K | $10.6M | +5.7% | 1.305% | 3.62% |
| 11 | Russell Investments Group, Ltd. | 779K | $9.8M | +46.3% | 1.201% | 0.01% |
| 12 | FRANKLIN RESOURCES INC | 644K | $8.1M | +9.9% | 0.992% | 0.00% |
| 13 | Sumitomo Mitsui Trust Group, Inc. | 618K | $7.7M | +2.8% | 0.952% | 0.00% |
| 14 | ARES MANAGEMENT LLC | 588K | $7.4M | +521.7% | 0.907% | 0.32% |
| 15 | Legal & General Group Plc | 542K | $6.8M | +8.3% | 0.835% | 0.00% |
| 16 | Arax Advisory Partners | 483K | $6.0M | +109.8% | 0.744% | 0.04% |
| 17 | ENVESTNET ASSET MANAGEMENT INC | 457K | $5.7M | — | 0.705% | 0.00% |
| 18 | Columbus Macro, LLC | 451K | $5.7M | — | 0.696% | 0.55% |
| 19 | CAZ INVESTMENTS LP | 448K | $5.6M | +4382.0% | 0.691% | 0.44% |
| 20 | Cetera Investment Advisers | 446K | $5.6M | — | 0.687% | 0.01% |
| 21 | GCM Grosvenor Holdings, LLC | 315K | $3.9M | — | 0.486% | 0.17% |
| 22 | HighTower Advisors, LLC | 314K | $3.9M | -16.2% | 0.483% | 0.00% |
| 23 | North Ground Capital | 224K | $2.8M | -32.9% | 0.345% | 3.36% |
| 24 | Callodine Capital Management, LP | 200K | $2.5M | +86.3% | 0.308% | 0.16% |
| 25 | BlackRock, Inc. | 196K | $2.5M | -4.4% | 0.302% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in BCSF — a direct measure of their conviction.
Filings activity in BCSF during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new BCSF position in Q2 2026
Institutions that fully closed their BCSF position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 128 | 1.5% | 55.94% | +4.59 pp | $452M | +14% |
| Q1 2026 | 130 | 6.5% | 51.35% | 1.15 pp | $395M | 12% |
| Q4 2025 | 139 | +3.7% | 52.50% | +1.89 pp | $450M | +1.3% |
| Q3 2025 | 134 | 3.6% | 50.61% | +1.74 pp | $444M | 1.7% |
| Q2 2025 | 139 | 3.5% | 48.87% | 0.87 pp | $452M | 11% |
| Q1 2025 | 144 | +5.9% | 49.74% | 1.65 pp | $509M | 8.3% |
| Q4 2024 | 136 | +5.4% | 51.39% | +4.60 pp | $555M | +19% |
| Q3 2024 | 129 | — | 46.79% | — | $467M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying BCSF stock.
Based on Q2 2026 13F filings, institutional ownership of Bain Capital Specialty Finance, Inc. stands at 55.9%, held across 128 reporting institutions.
Bain Capital Credit, LP is the largest reported institutional holder of BCSF, with approximately 11,822,433 shares worth $0.15B as of Q2 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of BCSF, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for BCSF is 56 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
15 institutions opened new positions in BCSF during Q2 2026, while 14 fully exited. 66 added to existing positions and 45 trimmed.
BCSF institutional ownership rose by 4.59 percentage points quarter-over-quarter, with a net change of -2 holders.
The top 10 institutions account for 69.9% of all reported 13F value in BCSF, and the top 25 account for 88.4%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Bain Capital Specialty Finance, Inc. (BCSF) Institutional Ownership