SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Bain Capital Public Equity Management II, LLC

CIK 0001768111 · 200 CLARENDON STREET, BOSTON, MA, 02116 · 6175162000

Reported Value
$2.1B
Q2 2025
Positions
24
Filings on Record
30
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Bain Capital Public Equity Management II, LLC reported $2.1B in U.S.-listed holdings across 24 positions for Q2 2025.

Its largest position, FWONK, represents 11.3% of the portfolio.

Compared with Q1 2025, the fund opened 13 new positions and exited 4.

Portfolio Metrics

Turnover
+16.6%
vs prior filed quarter
Top-10 Concentration
+73.5%
share of reported value
Largest Position
+11.3%
Liberty Media
New / Exited
13 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $124MQ1 ’19Q2 ’19: $1.1BQ3 ’19: $1.1BQ4 ’19: $1.1BQ1 ’20: $854MQ1 ’20Q2 ’20: $1.3BQ3 ’20: $1.5BQ4 ’20: $2.0BQ1 ’21: $2.4BQ1 ’21Q2 ’21: $2.3BQ3 ’21: $2.9BQ4 ’21: $3.0BQ1 ’22: $3.1BQ1 ’22Q2 ’22: $2.0BQ3 ’22: $1.9BQ4 ’22: $1.8BQ1 ’23: $1.8BQ1 ’23Q2 ’23: $1.9BQ3 ’23: $2.1BQ4 ’23: $2.4BQ1 ’24: $2.5BQ1 ’24Q2 ’24: $2.4BQ3 ’24: $2.3BQ4 ’24: $2.2BQ1 ’25: $1.3BQ1 ’25Q2 ’25: $2.1BQ3 ’25: $2.1BQ4 ’25: $62MQ1 ’26: $0Q1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 85.7%Tracking Stk: 11.3%ADR: 3.0%
  • Common Stock · 85.7% · $1.8B
  • Tracking Stk · 11.3% · $238M
  • ADR · 3.0% · $63M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MSFTMICROSOFT CORPNEW+391.9K391.9K+$195M$195M
HUBBHUBBELL INCNEW+323.9K323.9K+$132M$132M
CDNSCADENCE DESIGN SYSTEM INCNEW+423.6K423.6K+$131M$131M
COFCAPITAL ONE FINL CORPNEW+589.4K589.4K+$125M$125M
BACBANK AMERICA CORPNEW+2.47M2.47M+$117M$117M
OKTAOKTA INCNEW+738.9K738.9K+$74M$74M
EVREVERCORE INCNEW+247.4K247.4K+$67M$67M
NDAQNASDAQ INCNEW+649.4K649.4K+$58M$58M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FWONKLIBERTY MEDIA CORP DELhistory →COM LBTY ONE S C11.26%$238M2.28M
2MSFTMICROSOFT CORPhistory →COM9.23%$195M391.9K
3PFGCPERFORMANCE FOOD GROUP COhistory →COM8.14%$172M1.97M
4TDGTRANSDIGM GROUP INChistory →COM7.57%$160M105.1K
5CRCRANE COMPANYhistory →COMMON STOCK7.17%$151M797.6K
6HUBBHUBBELL INChistory →COM6.27%$132M323.9K
7KKRKKR & CO INChistory →COM6.21%$131M986.2K
8CDNSCADENCE DESIGN SYSTEM INChistory →COM6.18%$131M423.6K
9COFCAPITAL ONE FINL CORPhistory →COM5.94%$125M589.4K
10BACBANK AMERICA CORPhistory →COM5.54%$117M2.47M
11SCHWSCHWAB CHARLES CORPhistory →COM4.42%$93M1.02M
12OKTAOKTA INChistory →CL A3.50%$74M738.9K
13EVREVERCORE INChistory →CLASS A3.16%$67M247.4K
14NDAQNASDAQ INChistory →COM2.75%$58M649.4K
15AMZNAMAZON COM INChistory →COM2.03%$43M195.8K
16METAMETA PLATFORMS INChistory →CL A1.87%$40M53.5K
17CPNGCOUPANG INChistory →CL A1.78%$37M1.25M
18CRCLCIRCLE INTERNET GROUP INChistory →COM CL A1.68%$35M195.4K
19SAPSAP SEhistory →SPON ADR1.59%$33M110.1K
20HLNHALEON PLChistory →SPON ADS1.31%$28M2.66M
21LYVLIVE NATION ENTERTAINMENT INhistory →COM0.92%$19M128.7K
22HHYATT HOTELS CORPhistory →COM CL A0.84%$18M126.8K
23VVVVALVOLINE INChistory →COM0.52%$11M287.2K
24SANBANCO SANTANDER S.A.ADR0.11%$2M277.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$01May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$62M3Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.1B21Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.1B24Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.3B16May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.2B27Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.3B33Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.4B35Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.5B29May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.4B29Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.1B31Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.9B32Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.8B31May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.8B30Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.9B35Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.0B39Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.1B43May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.0B45Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.9B54Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.3B51Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.4B61May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.0B43Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.5B43Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.3B45Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$854M39May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.1B38Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.1B52Feb 12, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2019$1.1B56Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$124M10May 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.