Main Street Capital
MAIN
140 hedge funds and large institutions have $453M invested in Main Street Capital in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 56 reducing their positions, and 14 closing their positions.
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
4% more funds holding
Funds holding: 135 → 140 (+5)
4% more capital invested
Capital invested by funds: $437M → $453M (+$15.5M)
1.38% less ownership
Funds ownership: 30% → 28.62% (-1.4%)
25% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 56
58% less call options, than puts
Call options by funds: $5.33M | Put options by funds: $12.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$9.57M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$2.29M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.84M |
| 4 |
AIG
American International Group
New York
|
+$1.12M |
| 5 |
MC
Muzinich & Co
New York
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$5.42M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.13M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$4.08M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.86M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$3.47M |
MAIN Hedge Fund Activity: Q1 2016 in Review
140 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q1 2016, worth a combined $453M — up 3.5% from $437M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MAIN positions and 14 closed out — a net gain of 6 holders — while 42 added to existing stakes and 56 trimmed.
The largest buyer was UBS Group, adding an estimated $9.57M. The largest seller was Burgundy Asset Management, cutting an estimated $5.42M.
- 140 institutional investors held Main Street Capital (MAIN) as of Q1 2016, up from 135 in Q4 2015.
- Funds reported $453M of Main Street Capital stock for Q1 2016, up 3.5% quarter-over-quarter.
- 20 funds opened new Main Street Capital positions in Q1 2016 and 14 closed out, a net change of +6 holders.
- The largest Main Street Capital buyer in Q1 2016 was UBS Group, an estimated $9.57M added.
- The largest Main Street Capital seller in Q1 2016 was Burgundy Asset Management, an estimated $5.42M sold.
Based on aggregated 13F filings for Q1 2016.