Main Street Capital
MAIN
117 hedge funds and large institutions have $318M invested in Main Street Capital in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 61 increasing their positions, 20 reducing their positions, and 11 closing their positions.
205% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 20
75% more call options, than puts
Call options by funds: $5.06M | Put options by funds: $2.89M
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more capital invested
Capital invested by funds: $227M → $318M (+$91.1M)
4% more funds holding
Funds holding: 112 → 117 (+5)
3.66% more ownership
Funds ownership: 23.57% → 27.23% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSI
Pinnacle Summer Investments
Fairfax,
Virginia
|
+$33M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$22.8M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.22M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.92M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$6.74M |
| 2 |
PP
PDT Partners
New York
|
-$2.83M |
| 3 |
Morgan Stanley
New York
|
-$2.79M |
| 4 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$1.13M |
| 5 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$998K |
MAIN Hedge Fund Activity: Q3 2013 in Review
117 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q3 2013, worth a combined $318M — up 40% from $227M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MAIN positions and 11 closed out — a net gain of 6 holders — while 61 added to existing stakes and 20 trimmed.
The largest buyer was Pinnacle Summer Investments, adding an estimated $33M. The largest seller was Schroder Investment Management Group, cutting an estimated $6.74M.
- 117 institutional investors held Main Street Capital (MAIN) as of Q3 2013, up from 112 in Q2 2013.
- Funds reported $318M of Main Street Capital stock for Q3 2013, up 40% quarter-over-quarter.
- 17 funds opened new Main Street Capital positions in Q3 2013 and 11 closed out, a net change of +6 holders.
- The largest Main Street Capital buyer in Q3 2013 was Pinnacle Summer Investments, an estimated $33M added.
- The largest Main Street Capital seller in Q3 2013 was Schroder Investment Management Group, an estimated $6.74M sold.
Based on aggregated 13F filings for Q3 2013.