Bain Capital Credit, LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Bain Capital Credit, LP reported 6 stock positions worth $275.5 million. Its top holding was Bain Capital Specialty Finan (BCSF) at 64.5% of the portfolio, followed by Invesco Senior Loan ETF (BKLN, 27.0%) and Octave Specialty (OSG, 2.9%). Compared with Q1 2025, it opened 1 new position, sold out of 1, added to 1 and reduced 1. The biggest buy was Invesco Senior Loan ETF (BKLN, shares +28%) and the biggest sale an exit from Talos Energy (TALO).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001317947
- Portfolio Value
- $275.5M (Q2 2025)
- SEC Filing
- 0001317947-25-000007 ↗ filed Aug 14, 2025
Holdings Value
Holdings 6 stocks · $275.5M
| BCSF Bain Capital Specialty Finan | 64.53% | 11,822,433 | $177.8M | No change |
| BKLN Invesco Senior Loan ETF | 27.04% | 3,561,802 | $74.5M | Add +28.2% |
| OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC | 2.86% | 1,108,012 | $7.9M | No change |
| ASTL Algoma Steel Group Inc. | 2.09% | 837,212 | $5.8M | No change |
| SRLN SS Blackstone Sr Loan ETF | 1.99% | 131,795 | $5.5M | Reduce -56.2% |
| JNK SS SPDR BB High Yield Bond | 1.48% | 42,021 | $4.1M | New |
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 6 | $367.9M | BCSF, HYG, BKLN, OSG, ASTL |
| Q1 2026 | 6 | $303.0M | BCSF, BKLN, HYG, OSG, ASTL |
| Q4 2025 | 6 | $382.3M | BCSF, BKLN, HYG, OSG, ASTL |
| Q3 2025 | 6 | $317.1M | BCSF, BKLN, HYG, OSG, ASTL |
| Q2 2025 | 6 | $275.5M | BCSF, BKLN, OSG, ASTL, SRLN |
| Q1 2025 | 6 | $409.0M | BCSF, TALO, BKLN, SRLN, OSG |
| Q4 2024 | 7 | $449.1M | BCSF, TALO, BKLN, SRLN, OSG |
| Q3 2024 | 8 | $483.7M | BCSF, TALO, BKLN, ASTL, LQD |
| Q2 2024 | 7 | $507.0M | BCSF, TALO, BKLN, SRLN, LQD |
| Q1 2024 | 6 | $519.5M | TALO, BCSF, BKLN, SRLN, ASTL |