Main Street Capital
MAIN
206 hedge funds and large institutions have $560M invested in Main Street Capital in 2018 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 71 increasing their positions, 64 reducing their positions, and 30 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 64
10% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 30
2% more call options, than puts
Call options by funds: $5.89M | Put options by funds: $5.8M
1% more funds holding
Funds holding: 204 → 206 (+2)
2.17% less ownership
Funds ownership: 28.03% → 25.86% (-2.2%)
13% less capital invested
Capital invested by funds: $646M → $560M (-$86.5M)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.27M |
| 2 |
CFG
CNO Financial Group
Carmel,
Indiana
|
+$5.24M |
| 3 |
CCM
Chilton Capital Management
Houston,
Texas
|
+$3.91M |
| 4 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$1.76M |
| 5 |
JP Morgan Chase
New York
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$18M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.81M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$7.71M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$7.05M |
| 5 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$5.34M |
MAIN Hedge Fund Activity: Q1 2018 in Review
206 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q1 2018, worth a combined $560M — down 13% from $646M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MAIN positions and 30 closed out — a net gain of 3 holders — while 71 added to existing stakes and 64 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $5.27M. The largest seller was Muzinich & Co, cutting an estimated $18M.
- 206 institutional investors held Main Street Capital (MAIN) as of Q1 2018, up from 204 in Q4 2017.
- Funds reported $560M of Main Street Capital stock for Q1 2018, down 13% quarter-over-quarter.
- 33 funds opened new Main Street Capital positions in Q1 2018 and 30 closed out, a net change of +3 holders.
- The largest Main Street Capital buyer in Q1 2018 was Millennium Management, an estimated $5.27M added.
- The largest Main Street Capital seller in Q1 2018 was Muzinich & Co, an estimated $18M sold.
Based on aggregated 13F filings for Q1 2018.