Bain Capital Credit, LP
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Bain Capital Credit, LP reported 6 stock positions worth $317.1 million. Its top holding was Bain Capital Specialty Finan (BCSF) at 53.1% of the portfolio, followed by Invesco Senior Loan ETF (BKLN, 35.7%) and Ishr Ibx Usd Hiyld CB ETF-Ui (HYG, 6.5%). Compared with Q2 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 +52%) and the biggest sale an exit from SS SPDR BB High Yield Bond (JNK).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001317947
- Portfolio Value
- $317.1M (Q3 2025)
- SEC Filing
- 0001317947-25-000011 ↗ filed Nov 14, 2025
Holdings Value
Holdings 6 stocks · $317.1M
| BCSF Bain Capital Specialty Finan | 53.13% | 11,822,433 | $168.5M | No change |
| BKLN Invesco Senior Loan ETF | 35.72% | 5,411,310 | $113.3M | Add +51.9% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 6.51% | 254,042 | $20.6M | New |
| OSG Octave Specialty Group Inc. filed as AMBAC FINL GROUP INC | 2.91% | 1,108,012 | $9.2M | No change |
| ASTL Algoma Steel Group Inc. | 0.94% | 837,212 | $3.0M | No change |
| SRLN SS Blackstone Sr Loan ETF | 0.79% | 60,136 | $2.5M | Reduce -54.4% |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 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 |