Main Street Capital
MAIN
133 hedge funds and large institutions have $390M invested in Main Street Capital in 2014 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 64 increasing their positions, 20 reducing their positions, and 32 closing their positions.
220% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 20
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
16% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 32
4% more funds holding
Funds holding: 128 → 133 (+5)
2% less capital invested
Capital invested by funds: $398M → $390M (-$7.22M)
3.78% less ownership
Funds ownership: 30.08% → 26.3% (-3.8%)
30% less call options, than puts
Call options by funds: $2.54M | Put options by funds: $3.65M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$18M |
| 2 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$9.38M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$7.68M |
| 4 |
PC
Polar Capital
London,
United Kingdom
|
+$5.66M |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$5.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$31.9M |
| 2 |
State Street
Boston,
Massachusetts
|
-$20M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$15.6M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$5.88M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$5.77M |
MAIN Hedge Fund Activity: Q2 2014 in Review
133 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q2 2014, worth a combined $390M — down 1.8% from $398M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new MAIN positions and 32 closed out — a net gain of 5 holders — while 64 added to existing stakes and 20 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $18M. The largest seller was BlackRock Fund Advisors, exiting entirely with an estimated $31.9M sold.
- 133 institutional investors held Main Street Capital (MAIN) as of Q2 2014, up from 128 in Q1 2014.
- Funds reported $390M of Main Street Capital stock for Q2 2014, down 1.8% quarter-over-quarter.
- 37 funds opened new Main Street Capital positions in Q2 2014 and 32 closed out, a net change of +5 holders.
- The largest Main Street Capital buyer in Q2 2014 was T. Rowe Price Associates, an estimated $18M added.
- The largest Main Street Capital seller in Q2 2014 was BlackRock Fund Advisors, an estimated $31.9M sold.
Based on aggregated 13F filings for Q2 2014.