Main Street Capital
MAIN
230 hedge funds and large institutions have $627M invested in Main Street Capital in 2019 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 81 increasing their positions, 65 reducing their positions, and 23 closing their positions.
306% more call options, than puts
Call options by funds: $5.23M | Put options by funds: $1.29M
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
25% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 65
8% more capital invested
Capital invested by funds: $582M → $627M (+$44.9M)
3% more funds holding
Funds holding: 223 → 230 (+7)
0.44% more ownership
Funds ownership: 22.57% → 23.01% (+0.44%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$11.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.75M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$3.27M |
| 4 |
BlackRock
New York
|
+$2.77M |
| 5 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UR
USCA RIA
Houston,
Texas
|
-$6.08M |
| 2 |
Citigroup
New York
|
-$2.83M |
| 3 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$2.64M |
| 4 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$2.49M |
| 5 |
MC
Muzinich & Co
New York
|
-$2.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFG
251
SevenBridge Financial Group
Harrisburg,
Pennsylvania
| – | -$4K | -100 | Closed |
|
252
Fidelity Investments
Boston,
Massachusetts
| – | +$171 | +4 | New |
|
MAIN Hedge Fund Activity: Q3 2019 in Review
230 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q3 2019, worth a combined $627M — up 7.7% from $582M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new MAIN positions and 23 closed out — a net gain of 8 holders — while 81 added to existing stakes and 65 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $11.9M. The largest seller was USCA RIA, cutting an estimated $6.08M.
- 230 institutional investors held Main Street Capital (MAIN) as of Q3 2019, up from 223 in Q2 2019.
- Funds reported $627M of Main Street Capital stock for Q3 2019, up 7.7% quarter-over-quarter.
- 31 funds opened new Main Street Capital positions in Q3 2019 and 23 closed out, a net change of +8 holders.
- The largest Main Street Capital buyer in Q3 2019 was Royal Bank of Canada, an estimated $11.9M added.
- The largest Main Street Capital seller in Q3 2019 was USCA RIA, an estimated $6.08M sold.
Based on aggregated 13F filings for Q3 2019.