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Main Street Capital

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.

New
Increased
Maintained
Reduced
Closed

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: 34 (+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: 117124 (+7)

1.3% more ownership

Funds ownership: 27.23%28.53% (+1.3%)

Holders
124
Holders Change
+7
Holders Change %
+5.98%
% of All Funds
3.6%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
18
Increased
49
Reduced
36
Closed
11
Calls
$2.16M
Puts
$1.88M
Net Calls
+$278K
Net Calls Change
-$1.89M
Name Holding Trade Value Shares
Change
Change in
Stake
PSI
1
Pinnacle Summer Investments
Virginia
$37.2M +$270K +8,670 +0.8%
BFA
2
BlackRock Fund Advisors
California
$32M -$1.19M -38,031 -4%
Macquarie Group
3
Macquarie Group
Australia
$26.1M +$1.06M +34,056 +4%
State Street
4
State Street
Massachusetts
$20.9M +$636K +20,393 +3%
U
5
UBS
Switzerland
$19.5M +$3.6M +115,364 +24%
Northern Trust
6
Northern Trust
Illinois
$17.6M +$230K +7,381 +1%
BIT
7
BlackRock Institutional Trust
California
$15.5M -$717K -22,984 -5%
Robeco Institutional Asset Management
8
Robeco Institutional Asset Management
Netherlands
$15M
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$14.2M -$243K -7,777 -2%
Vanguard Group
10
Vanguard Group
Pennsylvania
$13.9M +$855K +27,401 +7%
BG
11
BlackRock Group
United Kingdom
$7.57M +$267K +8,569 +4%
TCM
12
Texan Capital Management
Texas
$7.38M -$520K -16,662 -7%
BTS
13
BB&T Securities
Virginia
$7.3M +$62.4K +2,000 +10%
GIM
14
Greenwich Investment Management
Connecticut
$6.67M +$6.36M +203,972 New
TCIM
15
TIAA CREF Investment Management
New York
$6.15M -$164K -5,253 -3%
T. Rowe Price Associates
16
T. Rowe Price Associates
Maryland
$5.88M +$5.34M +171,310 +1,969%
UR
17
USCA RIA
Texas
$5.84M -$144K -4,627 -3%
Wells Fargo
18
Wells Fargo
California
$5.73M +$466K +14,935 +9%
RJA
19
Raymond James & Associates
Florida
$5.5M +$449K +14,394 +9%
Morgan Stanley
20
Morgan Stanley
New York
$5.38M -$1.22M -39,241 -19%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$4.85M +$208K +6,674 +5%
BIM
22
BlackRock Investment Management
Delaware
$4.27M -$99.7K -3,195 -2%
GF
23
Goodman Financial
Texas
$4.27M +$30.1K +966 +0.7%
Invesco
24
Invesco
Georgia
$4.18M -$1.24M -39,671 -24%
KFA
25
Kelleher Financial Advisors
New York
$3.9M

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.