Bain Capital Specialty Finance, Inc. (BCSF) shareholders
BCSFNYSEFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 9/3025% below fair value
$11.07+0.01 (+0.09%)
Close on Nov 13, 2026Market cap $718.09MP/E 11.5Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
56.7%
37M of 65M shares
Institutional holders
128
17 new, 17 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
1 buys · 0 sales
Net bought $28.87K
Shares held by institutions
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BCSF | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Bain Capital Credit, LP | 11,822,433 | 18.23% | $148.02M | – | 40.24% |
| Bank Of America Corp /De/ | 2,540,286 | 3.92% | $31.80M | −197,189 | 0.00% |
| Cresset Asset Management, LLC | 2,394,561 | 3.69% | $29.98M | +321,717 | 0.11% |
| UBS Group AG | 1,460,135 | 2.25% | $18.28M | +55,587 | 0.00% |
| Van Eck Associates Corp | 1,378,326 | 2.12% | $17.26M | +253,902 | 0.01% |
| Two Sigma Investments, LP | 1,374,383 | 2.12% | $17.21M | −140,572 | 0.01% |
| Morgan Stanley | 1,254,889 | 1.93% | $15.71M | +108,756 | 0.00% |
| Dimension Capital Management LLC | 1,253,662 | 1.93% | $15.70M | +29,172 | 1.84% |
| Melia Wealth LLC | 872,753 | 1.35% | $10.93M | −290,335 | 6.29% |
| Muzinich & Co., Inc. | 846,759 | 1.31% | $10.60M | +45,502 | 3.62% |
| Russell Investments Group, Ltd. | 779,032 | 1.20% | $9.75M | +246,500 | 0.01% |
| Franklin Resources Inc | 643,797 | 0.99% | $8.06M | +57,798 | 0.00% |
| Sumitomo Mitsui Trust Holdings, Inc. | 617,822 | 0.95% | $7.74M | +16,725 | 0.00% |
| Ares Management LLC | 588,471 | 0.91% | $7.37M | +493,817 | 0.32% |
| Legal & General Group Plc | 541,547 | 0.83% | $6.78M | +41,334 | 0.00% |
| SRS Capital Advisors, Inc. | 482,581 | 0.74% | $6.04M | +252,531 | 0.04% |
| Caz Investments LP | 458,201 | 0.71% | $5.74M | +448,201 | 1.05% |
| Envestnet Asset Management Inc | 457,491 | 0.71% | $5.73M | New | 0.00% |
| Columbus Macro, LLC | 451,309 | 0.70% | $5.65M | New | 0.55% |
| Cetera Investment Advisers | 445,675 | 0.69% | $5.58M | New | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 128 | 37M | 56.7% | 17 / 47 | 44 / 17 | 5M | 2M |
| Q1 2026 | 132 | 34M | 52.1% | 20 / 41 | 48 / 27 | 4M | 4M |
| Q4 2025 | 142 | 34M | 52.9% | 25 / 45 | 43 / 21 | 3M | 2M |
| Q3 2025 | 139 | 33M | 51.5% | 15 / 52 | 41 / 17 | 3M | 2M |
| Q2 2025 | 143 | 33M | 50.6% | 20 / 59 | 39 / 25 | 2M | 3M |
| Q1 2025 | 148 | 33M | 51.3% | 31 / 60 | 37 / 16 | 2M | 2M |
| Q4 2024 | 136 | 34M | 51.9% | 25 / 48 | 33 / 19 | 5M | 3M |
| Q3 2024 | 133 | 31M | 48.3% | 13 / 56 | 31 / 21 | 2M | 2M |
| Q2 2024 | 143 | 32M | 48.8% | 20 / 63 | 31 / 15 | 2M | 5M |
| Q1 2024 | 138 | 34M | 52.8% | 18 / 55 | 39 / 13 | 3M | 2M |
| Q4 2023 | 135 | 34M | 52.2% | 29 / 50 | 37 / 13 | 4M | 2M |
| Q3 2023 | 125 | 33M | 51.3% | 26 / 44 | 36 / 18 | 2M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
7 funds held BCSF in Q2 2026, 97% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of BCSF | Value | % of fund | As of |
|---|---|---|---|---|---|
| VanEck BDC Income ETF | 1,075,745 | 1.66% | $13.47M | 0.83% | Jun 30, 2026 |
| Putnam BDC Income ETF | 665,474 | 1.03% | $8.27M | 2.92% | Jul 31, 2026 |
| FT Confluence BDC & Specialty Finance Income ETF | 69,543 | 0.11% | $925.62K | 2.70% | May 31, 2026 |
| Mercer Opportunistic Fixed Income Fund | 58,527 | 0.09% | $732.76K | 0.04% | Jun 30, 2026 |
| Virtus Private Credit Strategy ETF | 32,810 | 0.05% | $407.50K | 1.34% | Jul 31, 2026 |
| WHITEWOLF Publicly Listed Private Equity ETF | 4,794 | 0.01% | $59.54K | 0.84% | Jul 31, 2026 |
| Blackstone Alternative Multi-Strategy Fund | 2,802 | 0.00% | $35.08K | 0.00% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Caroline Willis Hooper | Chief Compliance Officer | – | – | Mar 5, 2026 |
| Sabrina Rusnak-Carlson | General Counsel | 9,560 | 0.01% | Mar 3, 2026 |
| Garzon Adriana Rojas | Vice President | – | – | Jul 10, 2025 |
| Amrit Kanwal | Director | 12,600 | 0.02% | Nov 9, 2026 |
| Clare Stack Richer | Director | 20,835 | 0.03% | Mar 17, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Sabrina Rusnak-Carlson General Counsel | Mar 3, 2026 | Buy | +2,300 | $12.55 | $28.87K | 9,560 |
| Clare Stack Richer Director | Mar 17, 2025 | Buy | +1,530 | $16.43 | $25.14K | 20,835 |
| Clare Stack Richer Director | Aug 10, 2022 | Buy | +3,400 | $14.59 | $49.61K | 16,784 |
| Thomas A. Hough Director | Mar 25, 2022 | Buy | +6,271.91 | $15.94 | $99.97K | 27,680 |
| Clare Stack Richer Director | Mar 3, 2022 | Buy | +3,090.02 | $16.18 | $50.00K | 12,792 |
| Amy Butte Director | Feb 25, 2022 | Buy | +1,300 | $15.86 | $20.62K | 5,213 |
| Clare Stack Richer Director | May 11, 2021 | Buy | +1,563 | $15.90 | $24.85K | 9,087 |
| Michael A. Ewald President and CEO, Director | Dec 3, 2020 | Buy | +4,000 | $12.52 | $50.08K | 69,995 |
| Jeffrey B. Hawkins Director | Dec 3, 2020 | Buy | +18,204 | $12.50 | $227.55K | 100,001 |
| Sally F. Dornaus Chief Financial Officer | Aug 19, 2020 | Buy | +2,500 | $10.43 | $26.08K | 2,500 |
| Clare Stack Richer Director | Jun 23, 2020 | Other | +596 | $10.22 | $6.09K | 7,367 |
| Thomas A. Hough Director | Jun 17, 2020 | Other | +876.83 | $10.22 | $8.96K | 20,500 |
| Bain Capital Credit Member, Llc 10% owner | Jun 16, 2020 | Other | +952,118 | $10.22 | $9.73M | 11,822,433 |
| Clare Stack Richer Director | Jun 5, 2020 | Option exercise | +1,354 | $10.22 | $13.84K | 6,771 |
| Michael John Boyle Vice President and Treasurer | Jun 5, 2020 | Option exercise | +4,799 | $10.22 | $49.05K | 24,543 |
| Jay Margolis Director | Jun 5, 2020 | Option exercise | +5,771 | $10.22 | $58.98K | 28,856 |
| Bain Capital Credit Member, Llc 10% owner | Jun 5, 2020 | Option exercise | +2,174,062 | $10.22 | $22.22M | 10,870,315 |
| Clare Stack Richer Director | Jun 5, 2020 | Option exercise | +1,354 | $10.22 | $13.84K | 6,771 |
| Amy Butte Director | Jun 5, 2020 | Option exercise | +700 | $10.22 | $7.15K | 3,500 |
| Jeffrey B. Hawkins Director | Jun 5, 2020 | Option exercise | +16,359 | $10.22 | $167.19K | 81,797 |
| Thomas A. Hough Director | Jun 5, 2020 | Option exercise | +3,924 | $10.22 | $40.10K | 19,623 |
| Michael A. Ewald President and CEO, Director | Jun 5, 2020 | Option exercise | +9,807 | $10.22 | $100.23K | 49,038 |
| Michael A. Ewald President and CEO, Director | Jun 5, 2020 | Option exercise | +10,533 | $10.22 | $107.65K | 65,995 |
| Jeffrey B. Hawkins Director | Mar 12, 2020 | Buy | +16,650 | $14.91 | $248.25K | 65,438 |
| Michael A. Ewald President and CEO, Director | Mar 11, 2020 | Buy | +6,000 | $16.69 | $100.14K | 53,769 |
| Michael A. Ewald President and CEO, Director | Mar 11, 2020 | Buy | +3,000 | $16.69 | $50.07K | 37,655 |
| Michael A. Ewald President and CEO, Director | Mar 10, 2020 | Buy | +6,000 | $17.14 | $102.84K | 34,655 |
| Michael A. Ewald President and CEO, Director | Mar 10, 2020 | Buy | +12,000 | $17.12 | $205.44K | 47,769 |
| Jeffrey B. Hawkins Director | Mar 10, 2020 | Buy | +14,500 | $17.16 | $248.82K | 48,788 |
| Jay Margolis Director | Mar 3, 2020 | Buy | +6,000 | $19.39 | $116.34K | 23,085 |
| Thomas A. Hough Director | Mar 2, 2020 | Buy | +8,009.02 | $18.74 | $150.09K | 16,590 |
| Amy Butte Director | Nov 12, 2019 | Buy | +2,800 | $18.99 | $53.17K | 2,800 |
| Clare Stack Richer Director | Aug 28, 2019 | Buy | +5,417 | $18.46 | $100.00K | 5,417 |
| Michael John Boyle Vice President and Treasurer | Aug 27, 2019 | Buy | +4,150 | $18.34 | $76.11K | 18,620 |
| Michael A. Ewald President and CEO, Director | Aug 22, 2019 | Buy | +12,875 | $18.33 | $236.00K | 27,483 |
| Michael A. Ewald President and CEO, Director | Aug 21, 2019 | Buy | +14,608 | $18.11 | $264.55K | 14,608 |
| Bain Capital Distressed & Special Situations 2016 (F), L.P. 10% owner | Jul 23, 2019 | Other | −1,731,234.83 | – | – | 8,696,253 |
| Bain Capital Distressed & Special Situations 2016 (F), L.P. 10% owner | May 16, 2019 | Other | −182,818.4 | – | – | 10,427,488 |
| Bain Capital Distressed & Special Situations 2016 (F), L.P. 10% owner | May 15, 2019 | Other | −2,176,110.71 | – | – | 10,610,306 |
| Bain Capital Distressed & Special Situations 2016 (F), L.P. 10% owner | May 14, 2019 | Other | −6,544,098.85 | – | – | 12,786,417 |
| Jeffrey B. Hawkins Director | Feb 25, 2019 | Buy | +577 | $20.15 | $11.63K | 34,277 |
| Michael John Boyle Vice President and Treasurer | Feb 25, 2019 | Buy | +232 | $20.15 | $4.67K | 14,073 |
| Michael A. Ewald President and CEO, Director | Feb 25, 2019 | Buy | +577 | $20.15 | $11.63K | 34,277 |
| Michael John Boyle Vice President and Treasurer | Feb 22, 2019 | Buy | +358 | $20.24 | $7.25K | 13,841 |
| Jeffrey B. Hawkins Director | Feb 22, 2019 | Buy | +896 | $20.24 | $18.14K | 33,700 |
| Michael A. Ewald President and CEO, Director | Feb 22, 2019 | Buy | +896 | $20.24 | $18.14K | 33,700 |
| Michael A. Ewald President and CEO, Director | Feb 21, 2019 | Buy | +379 | $20.16 | $7.64K | 32,804 |
| Michael John Boyle Vice President and Treasurer | Feb 21, 2019 | Buy | +152 | $20.16 | $3.06K | 13,483 |
| Jeffrey B. Hawkins Director | Feb 21, 2019 | Buy | +379 | $20.16 | $7.64K | 32,804 |
| Michael John Boyle Vice President and Treasurer | Feb 20, 2019 | Buy | +416 | $20.10 | $8.36K | 13,331 |
| Michael A. Ewald President and CEO, Director | Feb 20, 2019 | Buy | +1,042 | $20.10 | $20.94K | 32,425 |
| Jeffrey B. Hawkins Director | Feb 20, 2019 | Buy | +1,042 | $20.10 | $20.94K | 32,425 |
| Jeffrey B. Hawkins Director | Feb 19, 2019 | Buy | +1,343 | $19.92 | $26.75K | 31,383 |
| Michael A. Ewald President and CEO, Director | Feb 19, 2019 | Buy | +1,343 | $19.92 | $26.75K | 31,383 |
| Michael John Boyle Vice President and Treasurer | Feb 19, 2019 | Buy | +538 | $19.92 | $10.72K | 12,915 |
| Michael A. Ewald President and CEO, Director | Feb 15, 2019 | Buy | +950 | $20.16 | $19.15K | 30,040 |
| Jeffrey B. Hawkins Director | Feb 15, 2019 | Buy | +950 | $20.16 | $19.15K | 30,040 |
| Michael John Boyle Vice President and Treasurer | Feb 15, 2019 | Buy | +380 | $20.16 | $7.66K | 12,377 |
| Michael John Boyle Vice President and Treasurer | Feb 14, 2019 | Buy | +498 | $19.87 | $9.90K | 11,997 |
| Michael A. Ewald President and CEO, Director | Feb 14, 2019 | Buy | +1,247 | $19.87 | $24.78K | 29,090 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
1.85%
1M shares short
Days to cover
2.2
At 1M shares a day
Change since last report
-12.3%
From 1M shares
Short volume, 20 days
51.5%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Bain Capital Specialty Finance's stock actually held short. Settlement fails (shares not delivered on time) peaked at 56,430 shares on Sep 11, 2026 over the last 90 days.
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