Main Street Capital
MAIN
171 hedge funds and large institutions have $507M invested in Main Street Capital in 2016 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 57 increasing their positions, 53 reducing their positions, and 8 closing their positions.
338% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 8
16% more funds holding
Funds holding: 147 → 171 (+24)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
6% more capital invested
Capital invested by funds: $479M → $507M (+$27.9M)
8% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 53
0.6% less ownership
Funds ownership: 26.62% → 26.02% (-0.6%)
52% less call options, than puts
Call options by funds: $1.97M | Put options by funds: $4.08M
Top Buyers
| 1 |
MC
Muzinich & Co
New York
|
+$18.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.53M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
+$3.39M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.09M |
| 5 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$1.83M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAAS
176
First Allied Advisory Services
San Diego,
California
| – | -$217K | -6,325 | Closed |
|
177
Group One Trading
Chicago,
Illinois
| – | -$96.7K | -2,736 | Closed |
|
|
CG
178
Cutler Group
San Francisco,
California
| – | -$3.53K | -100 | Closed |
|
|
KF
179
Krilogy Financial
St. Louis,
Missouri
| – | +$35 | +1 | New |
|
MAIN Hedge Fund Activity: Q4 2016 in Review
171 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q4 2016, worth a combined $507M — up 5.8% from $479M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new MAIN positions and 8 closed out — a net gain of 27 holders — while 57 added to existing stakes and 53 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $18.8M. The largest seller was State of New Jersey Common Pension Fund D, exiting entirely with an estimated $19.7M sold.
- 171 institutional investors held Main Street Capital (MAIN) as of Q4 2016, up from 147 in Q3 2016.
- Funds reported $507M of Main Street Capital stock for Q4 2016, up 5.8% quarter-over-quarter.
- 35 funds opened new Main Street Capital positions in Q4 2016 and 8 closed out, a net change of +27 holders.
- The largest Main Street Capital buyer in Q4 2016 was Muzinich & Co, an estimated $18.8M added.
- The largest Main Street Capital seller in Q4 2016 was State of New Jersey Common Pension Fund D, an estimated $19.7M sold.
Based on aggregated 13F filings for Q4 2016.