Main Street Capital
MAIN
124 hedge funds and large institutions have $370M invested in Main Street Capital in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 36 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
36% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 36
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more call options, than puts
Call options by funds: $2.16M | Put options by funds: $1.88M
15% more capital invested
Capital invested by funds: $323M → $370M (+$46.8M)
6% more funds holding
Funds holding: 117 → 124 (+7)
1.3% more ownership
Funds ownership: 27.23% → 28.53% (+1.3%)
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.34M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$3.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.72M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$1.06M |
| 5 |
BC
Barnett & Company
Chattanooga,
Tennessee
|
+$1.01M |
Top Sellers
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.33M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.24M |
| 3 |
Morgan Stanley
New York
|
-$1.22M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.19M |
| 5 |
D.E. Shaw & Co
New York
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
JP Morgan Chase
New York
| – | -$980K | -32,743 | Closed |
|
127
ProShare Advisors
Bethesda,
Maryland
| – | -$745K | -24,899 | Closed |
|
128
William Blair & Company
Chicago,
Illinois
| – | -$674K | -22,534 | Closed |
|
|
RFC
129
Russell Frank Company
Seattle,
Washington
| – | -$327K | -10,933 | Closed |
|
130
AQR Capital Management
Greenwich,
Connecticut
| – | -$276K | -9,217 | Closed |
|
131
SG Americas Securities
New York
| – | -$201K | -6,729 | Closed |
|
132
California Public Employees Retirement System
Sacramento,
California
| – | -$45K | -1,507 | Closed |
|
133
Schroder Investment Management Group
London,
United Kingdom
| – | -$26.9K | -900 | Closed |
|
|
FANJ
134
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$12K | -400 | Closed |
|
|
CA
135
CapWealth Advisors
Franklin,
Tennessee
| – | -$3K | -100 | Closed |
|
MAIN Hedge Fund Activity: Q4 2013 in Review
124 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q4 2013, worth a combined $370M — up 15% from $323M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MAIN positions and 11 closed out — a net gain of 7 holders — while 49 added to existing stakes and 36 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $5.34M. The largest seller was Guggenheim Capital, cutting an estimated $3.33M.
- 124 institutional investors held Main Street Capital (MAIN) as of Q4 2013, up from 117 in Q3 2013.
- Funds reported $370M of Main Street Capital stock for Q4 2013, up 15% quarter-over-quarter.
- 18 funds opened new Main Street Capital positions in Q4 2013 and 11 closed out, a net change of +7 holders.
- The largest Main Street Capital buyer in Q4 2013 was T. Rowe Price Associates, an estimated $5.34M added.
- The largest Main Street Capital seller in Q4 2013 was Guggenheim Capital, an estimated $3.33M sold.
Based on aggregated 13F filings for Q4 2013.