Main Street Capital
MAIN
131 hedge funds and large institutions have $415M invested in Main Street Capital in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 49 increasing their positions, 48 reducing their positions, and 15 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
1.48% more ownership
Funds ownership: 25.6% → 27.09% (+1.5%)
4% more capital invested
Capital invested by funds: $397M → $415M (+$17.4M)
2% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 48
2% less funds holding
Funds holding: 134 → 131 (-3)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
59% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $2.89M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$47.3M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$7.08M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.97M |
| 4 |
PSI
Pinnacle Summer Investments
Fairfax,
Virginia
|
+$2.58M |
| 5 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.75M |
| 2 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$2.51M |
| 3 |
TCM
Texan Capital Management
Houston,
Texas
|
-$1.72M |
| 4 |
Goldman Sachs
New York
|
-$1.5M |
| 5 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$1.31M |
MAIN Hedge Fund Activity: Q1 2015 in Review
131 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q1 2015, worth a combined $415M — up 4.4% from $397M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MAIN and 13 opened new positions — a net loss of 2 holders — while 48 trimmed existing stakes and 49 added.
The largest buyer was Burgundy Asset Management, opening a new position worth an estimated $47.3M. The largest seller was Millennium Management, cutting an estimated $2.75M.
- 131 institutional investors held Main Street Capital (MAIN) as of Q1 2015, down from 134 in Q4 2014.
- Funds reported $415M of Main Street Capital stock for Q1 2015, up 4.4% quarter-over-quarter.
- 13 funds opened new Main Street Capital positions in Q1 2015 and 15 closed out, a net change of -2 holders.
- The largest Main Street Capital buyer in Q1 2015 was Burgundy Asset Management, an estimated $47.3M added.
- The largest Main Street Capital seller in Q1 2015 was Millennium Management, an estimated $2.75M sold.
Based on aggregated 13F filings for Q1 2015.