Bain Capital Public Equity, L.P. 13F annual report

Bain Capital Public Equity, L.P. is an investment fund managing more than $91.4 billion ran by Adriana Garzon. There are currently 31 companies in Mrs. Garzon’s portfolio. The largest investments include Liberty Media and Constellation Brands Inc, together worth $16.8 billion.

Limited to 30 biggest holdings

$91.4 billion Assets Under Management (AUM)

As of 16th August 2024, Bain Capital Public Equity, L.P.’s top holding is 140,327 shares of Liberty Media currently worth over $10.1 billion and making up 11.0% of the portfolio value. Relative to the number of outstanding shares of Liberty Media, Bain Capital Public Equity, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 26,292 shares of Constellation Brands Inc worth $6.76 billion, whose value fell 1.4% in the past six months. The third-largest holding is Crane Co worth $6.6 billion and the next is Nasdaq Inc worth $6.29 billion, with 104,435 shares owned.

Currently, Bain Capital Public Equity, L.P.'s portfolio is worth at least $91.4 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Bain Capital Public Equity, L.P.

The Bain Capital Public Equity, L.P. office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Adriana Garzon serves as the Associate General Counsel at Bain Capital Public Equity, L.P..

Recent trades

In the most recent 13F filing, Bain Capital Public Equity, L.P. revealed that it had opened a new position in Performance Food and bought 45,976 shares worth $3.04 billion. This means they effectively own approximately 0.1% of the company. Performance Food makes up 22.7% of the fund's Consumer Staples sector allocation and has grown its share price by 19.3% in the past year.

The investment fund also strengthened its position in Liberty Media by buying 17,615 additional shares. This makes their stake in Liberty Media total 140,327 shares worth $10.1 billion. Liberty Media dropped 0.9% in the past year.

On the other hand, there are companies that Bain Capital Public Equity, L.P. is getting rid of from its portfolio. Bain Capital Public Equity, L.P. closed its position in Everest Group Ltd on 14th August 2024. It sold the previously owned 17,740 shares for $7.05 billion. Adriana Garzon also disclosed a decreased stake in Constellation Brands Inc by 0.1%. This leaves the value of the investment at $6.76 billion and 26,292 shares.

One of the smallest hedge funds

The two most similar investment funds to Bain Capital Public Equity, L.P. are Vida Ventures Advisors and Hudson Portfolio Management. They manage $91.4 billion and $91.4 billion respectively.

Adriana Garzon investment strategy

Bain Capital Public Equity, L.P.’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Industrials — making up 21.3% of the total portfolio value. The fund focuses on investments in the United States as 64.5% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 48% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $203 billion.

The complete list of Bain Capital Public Equity, L.P. trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Liberty Media Corp.	14.35% 140,327	$10,081,092,000	11.03%
Everest Group Ltd	Closed 17,740	$7,051,650,000
Constellation Brands Inc	13.86% 26,292	$6,764,406,000	7.40%
Crane Co	4.01% 45,511	$6,598,185,000	7.22%
Nasdaq Inc	4.49% 104,435	$6,293,253,000	6.88%
Hubbell Inc.	5.65% 16,779	$6,132,389,000	6.71%
Vertiv Holdings Co	53.13% 62,881	$5,443,608,000	5.95%
Regal Rexnord Corporation	Closed 29,280	$5,273,328,000
Kkr Co Inc	Closed 49,725	$5,001,341,000
Eaton Corp Plc	Closed 13,571	$4,243,380,000
Transdigm Group Incorporated	30.74% 3,085	$3,941,427,000	4.31%
Microsoft Corporation	9.33% 8,269	$3,695,830,000	4.04%
Burlington Stores Inc	44.06% 14,889	$3,573,360,000	3.91%
Allstate Corp (The)	12.56% 22,313	$3,562,494,000	3.90%
DuPont de Nemours Inc	Closed 40,343	$3,093,098,000
Performance Food Group Company	Opened 45,976	$3,039,473,000	3.32%
Hyatt Hotels Corporation	8.53% 19,451	$2,954,996,000	3.23%
Reinsurance Grp Of America I	Opened 14,108	$2,895,949,000	3.17%
Skechers U S A, Inc.	1.41% 41,608	$2,875,945,000	3.15%
Equitable Holdings Inc	Opened 66,315	$2,709,631,000	2.96%
Apple Inc	Opened 10,055	$2,117,784,000	2.32%
Tetra Tech, Inc.	Opened 9,908	$2,025,988,000	2.22%
Intercontinental Exchange In	Opened 14,680	$2,009,545,000	2.20%
Synopsys, Inc.	24.18% 3,051	$1,815,528,000	1.99%
Haleon Plc	1.38% 216,346	$1,787,018,000	1.95%
Cadence Design System Inc	44.72% 5,714	$1,758,484,000	1.92%
Ge Vernova Inc	Opened 9,947	$1,706,010,000	1.87%
GE Aerospace	53.28% 8,989	$1,428,981,000	1.56%
HubSpot Inc	Opened 2,374	$1,400,161,000	1.53%
Comfort Sys Usa Inc	Opened 4,238	$1,288,861,000	1.41%
Sea Ltd	Closed 22,053	$1,184,467,000
Workday Inc	71.77% 4,951	$1,106,846,000	1.21%
Loar Holdings Inc	Opened 19,225	$1,026,807,000	1.12%
Corebridge Finl Inc	Closed 33,905	$974,091,000
Rubrik Inc.	Opened 15,081	$462,383,000	0.51%
Global E Online Ltd	91.45% 11,101	$402,633,000	0.44%
Five9 Inc	Opened 7,623	$336,174,000	0.37%
Coupang, Inc.	89.11% 8,671	$181,657,000	0.20%
No transactions found
Showing first 500 out of 38 holdings