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Main Street Capital

122 hedge funds and large institutions have $349M invested in Main Street Capital in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 58 increasing their positions, 35 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 35

1.35% less ownership

Funds ownership: 26.3%24.95% (-1.4%)

8% less funds holding

Funds holding: 133122 (-11)

11% less capital invested

Capital invested by funds: $390M → $349M (-$41.9M)

15% less call options, than puts

Call options by funds: $1.85M | Put options by funds: $2.18M

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

50% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 22

Holders
122
Holders Change
-11
Holders Change %
-8.27%
% of All Funds
3.54%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.12%
New
11
Increased
58
Reduced
35
Closed
22
Calls
$1.85M
Puts
$2.18M
Net Calls
-$334K
Net Calls Change
+$778K
Name Holding Trade Value Shares
Change
Change in
Stake
PSI
1
Pinnacle Summer Investments
Virginia
$44.2M +$6.06M +189,556 +15%
Macquarie Group
2
Macquarie Group
Australia
$27.7M +$1.22M +38,174 +4%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$24.6M +$1.13M +35,400 +5%
U
4
UBS
Switzerland
$24.6M -$4.24M -132,694 -14%
Robeco Institutional Asset Management
5
Robeco Institutional Asset Management
Netherlands
$13.8M -$2.21M -69,100 -13%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$13.7M +$281K +8,786 +2%
CLM
7
ClearBridge LLC (Maryland)
Maryland
$9.26M +$135K +4,231 +1%
TCM
8
Texan Capital Management
Texas
$8.53M -$14K -438 -0.2%
GIM
9
Greenwich Investment Management
Connecticut
$8.49M -$214K -6,702 -2%
UBS AM
10
UBS AM
Illinois
$8.12M -$2.22M -69,600 -21%
Morgan Stanley
11
Morgan Stanley
New York
$7.94M +$2.28M +71,218 +38%
CA
12
Cetera Advisors
Colorado
$6.56M +$6.59M +206,034 +2,645%
BG
13
BlackRock Group
United Kingdom
$6.4M +$10.6K +331 +0.2%
Wells Fargo
14
Wells Fargo
California
$6.34M -$176K -5,497 -3%
PC
15
Polar Capital
United Kingdom
$6.11M +$623K +19,500 +11%
BTS
16
BB&T Securities
Virginia
$6.09M +$1.22K +38 +0.2%
Goldman Sachs
17
Goldman Sachs
New York
$6.09M +$3.79M +118,490 +148%
UR
18
USCA RIA
Texas
$5.61M -$138K -4,328 -2%
Allianz Asset Management
19
Allianz Asset Management
Germany
$4.71M +$94.3K +2,950 +2%
Invesco
20
Invesco
Georgia
$4.48M -$840K -26,296 -15%
RJA
21
Raymond James & Associates
Florida
$4.47M -$210K -6,564 -4%
KFA
22
Kelleher Financial Advisors
New York
$4.08M -$3.2K -100 -0.1%
GF
23
Goodman Financial
Texas
$3.99M -$176K -5,504 -4%
Deutsche Bank
24
Deutsche Bank
Germany
$3.94M -$6.07M -189,858 -60%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$3.51M +$3.36M +105,100 +1,106%

MAIN Hedge Fund Activity: Q3 2014 in Review

122 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q3 2014, worth a combined $349M — down 11% from $390M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of MAIN and 11 opened new positions — a net loss of 11 holders — while 35 trimmed existing stakes and 58 added.

The largest buyer was Cetera Advisors, adding an estimated $6.59M. The largest seller was Northern Trust, exiting entirely with an estimated $10.3M sold.

  • 122 institutional investors held Main Street Capital (MAIN) as of Q3 2014, down from 133 in Q2 2014.
  • Funds reported $349M of Main Street Capital stock for Q3 2014, down 11% quarter-over-quarter.
  • 11 funds opened new Main Street Capital positions in Q3 2014 and 22 closed out, a net change of -11 holders.
  • The largest Main Street Capital buyer in Q3 2014 was Cetera Advisors, an estimated $6.59M added.
  • The largest Main Street Capital seller in Q3 2014 was Northern Trust, an estimated $10.3M sold.

Based on aggregated 13F filings for Q3 2014.