Bain Capital Public Equity Management II, LLC In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Bain Capital Public Equity Management II, LLC reported 15 stock positions worth $1.3 billion . Its top holding was Liberty Media Class C (FWONK) at 18.8% of the portfolio, followed by Performance Food (PFGC, 14.8% ) and Transdigm (TDG, 12.5% ). Compared with Q4 2024, it opened 8 new positions, sold out of 18, added to 5 and reduced 2. The biggest buy was a new position in Transdigm (TDG) and the biggest sale an exit from Arthur J Gallagher (AJG).
Location Boston, MA
CIK 0001768111
Portfolio Value $1.3B (Q1 2025) Holdings 15 stocks · $1.3B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 FWONK Liberty Media Corp. Class C 2,634,796 $237.2M Add +8.7% PFGC Performance Food Group Co. 2,377,994 $187.0M Add +14.1% TDG Transdigm Group Inc. 114,141 $157.9M New CR Crane Co. 937,237 $143.6M Add +117.3% ICE Intercontinental Exchange Inc. 782,641 $135.0M New META Meta Platforms Inc. Class A 165,992 $95.7M New SCHW Schwab (charles) Corp. 1,016,931 $79.6M New AMZN Amazon.com Inc. 265,523 $50.5M New KKR KKR & Co. Inc. 370,630 $42.8M Reduce -49.5% BURL Burlington Stores Inc. 136,551 $32.5M Reduce -70.1% CPNG Coupang Inc. 1,467,232 $32.2M Add +39.4% HLN Haleon PLC-ADR 3,093,270 $31.8M Add +8.8% APO Apollo Global Management Inc. 155,870 $21.3M New SAP Sap SE-Sponsored ADR 51,666 $13.9M New LPLA LPL Financial Holdings Inc. 9,308 $3.0M New
Options reported separately and not counted above: AMZN calls ($5.3M).
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ AJG Arthur J Gallagher & Co. Sold out 0.00% −7.73 CDNS Cadence Design SYS Inc. Sold out 0.00% −6.11 GEV GE Vernova Inc. Sold out 0.00% −6.00 COF Capital One Financial Corp. Sold out 0.00% −5.76 HEI Heico Corp. Sold out 0.00% −5.08 MSFT Microsoft Corp. Sold out 0.00% −4.46 H Hyatt Hotels Corp. Class A Sold out 0.00% −4.42 TTEK Tetra Tech Inc. Sold out 0.00% −4.41 HUBB Hubbell Inc. Sold out 0.00% −4.41 TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −4.27 FIX Comfort Systems USA Inc. Sold out 0.00% −4.01 BURL Burlington Stores Inc. Reduce -70.1% 2.57% −3.41 MRVL Marvell Technology Inc. Sold out 0.00% −1.78 KKR KKR & Co. Inc. Reduce -49.5% 3.39% −1.61 EQH Equitable Holdings Inc. Sold out 0.00% −1.52 RGA Reinsurance Group of America Sold out 0.00% −1.41 LOAR Loar Holdings Inc. Sold out 0.00% −1.05 LYV Live Nation Entertainment Inc. Sold out 0.00% −1.00 MTZ Mastec Inc. Sold out 0.00% −0.99 SNPS Synopsys Inc. Sold out 0.00% −0.84
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ TDG Transdigm Group Inc. New 12.49% +12.49 ICE Intercontinental Exchange Inc. New 10.68% +10.68 FWONK Liberty Media Corp. Class C Add +8.7% 18.76% +8.43 CR Crane Co. Add +117.3% 11.36% +8.35 META Meta Platforms Inc. Class A New 7.57% +7.57 PFGC Performance Food Group Co. Add +14.1% 14.79% +6.69 SCHW Schwab (charles) Corp. New 6.30% +6.30 AMZN Amazon.com Inc. New 4.00% +4.00 APO Apollo Global Management Inc. New 1.69% +1.69 CPNG Coupang Inc. Add +39.4% 2.55% +1.48 HLN Haleon PLC-ADR Add +8.8% 2.52% +1.27 SAP Sap SE-Sponsored ADR New 1.10% +1.10 LPLA LPL Financial Holdings Inc. New 0.24% +0.24
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ QQQ Invesco QQQ Trust Series 1 put Sold out 49,500 $25.3Mbefore exit COF Capital One Financial Corp. call Sold out 57,200 $10.2Mbefore exit AMZN Amazon.com Inc. call New 27,700 $5.3M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 0 $0 Q1 2026 0 $0 Q4 2025 3 $62.1M FWONK, CR, PFGC Q3 2025 21 $2.1B FWONK, MSFT, PFGC, CPNG, CDNS Q2 2025 24 $2.1B FWONK, MSFT, PFGC, TDG, CR Q1 2025 15 $1.3B FWONK, PFGC, TDG, CR, ICE Q4 2024 25 $2.2B FWONK, PFGC, AJG, CDNS, GEV Q3 2024 30 $2.2B FWONK, NDAQ, PFGC, TDG, MSFT Q2 2024 32 $2.2B FWONK, TDG, MSFT, VRT, NDAQ Q1 2024 26 $2.4B VRT, TDG, GE, HUBB, FWONK