Bain Capital Investors LLC

Fundamental diversified ★Signal CIK 1040508
Long book
$3.27B
Q1 2026
Positions
7
Top-10 weight
100%
concentration
Last quarter
+35.7%
SPY +14.8%
Turnover
44%
of book per quarter

Strategy in plain words

auto-generated from filings

Bain Capital Investors LLC is a diversified fundamental manager, running a $3.27B US long book across 7 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: BOB'S DISCOUNT FURNITURE, SURGERY PARTNERS INC, AVEANNA HEALTHCARE HOLDINGS, KESTRA MEDICAL TECHNOLOGIES, WAYSTAR HOLDING CORP.

Over the last 9 quarters its long book ran on average 1.2pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-16.5%
Q2 2024
+39.7%
Q3 2024
-8.5%
Q4 2024
+10.4%
Q1 2025
-4.3%
Q2 2025
+12.7%
Q3 2025
-14.4%
Q4 2025
-3.2%
Q1 2026
+35.7%

Sector allocation

Healthcare
50%
Consumer discretionary
34%
Technology
16%
Services media
0%

Long book by quarter

$4.48B
Q1 2024
$4.71B
Q2 2024
$3.82B
Q3 2024
$3.50B
Q4 2024
$3.88B
Q1 2025
$3.14B
Q2 2025
$3.35B
Q3 2025
$4.62B
Q4 2025
$3.27B
Q1 2026

What does Bain Capital own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
BOBS BOB'S DISCOUNT FURNITUREConsumer discretionary95.4M$1.12B34.3%New
SGRY SURGERY PARTNERS INCHealthcare49.9M$595.4M18.2%Held
AVAH AVEANNA HEALTHCARE HOLDINGSHealthcare81.6M$525.5M16.1%Held
KMTS KESTRA MEDICAL TECHNOLOGIESHealthcare25.2M$501.7M15.3%Held
WAY WAYSTAR HOLDING CORPTechnology13.2M$319.3M9.8%Held
NTNX NUTANIX INC - ATechnology5.4M$203.6M6.2%Held
ADV ADVANTAGE SOLUTIONS INCServices media115.6K$2.4M0.1%New

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20267$3.27B canonicalSEC ↗
Q4 202513F-HRFeb 17, 20267$4.62B canonicalSEC ↗
Q3 202513F-HRNov 14, 20256$3.35B canonicalSEC ↗
Q2 202513F-HRAug 14, 20256$3.14B canonicalSEC ↗
Q1 202513F-HRMay 15, 20256$3.88B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20255$3.50B canonicalSEC ↗
Q3 202413F-HRNov 14, 20245$3.82B canonicalSEC ↗
Q2 202413F-HRAug 12, 20245$4.71B canonicalSEC ↗
Q1 202413F-HRMay 15, 20244$4.48B canonicalSEC ↗