Main Street Capital
MAIN
134 hedge funds and large institutions have $392M invested in Main Street Capital in 2014 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 46 increasing their positions, 45 reducing their positions, and 13 closing their positions.
100% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 13
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
14% more capital invested
Capital invested by funds: $343M → $392M (+$49.2M)
10% more funds holding
Funds holding: 122 → 134 (+12)
2% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 45
0.65% more ownership
Funds ownership: 24.95% → 25.6% (+0.65%)
28% less call options, than puts
Call options by funds: $1.43M | Put options by funds: $1.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMP
Financial Management Professionals
Austin,
Texas
|
+$4.3M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$4.03M |
| 3 |
BF
BOK Financial
Tulsa,
Oklahoma
|
+$2.51M |
| 4 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$2.02M |
| 5 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$4.11M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$3.1M |
| 3 |
PSI
Pinnacle Summer Investments
Fairfax,
Virginia
|
-$2.48M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$1.55M |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$1.45M |
MAIN Hedge Fund Activity: Q4 2014 in Review
134 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q4 2014, worth a combined $392M — up 14% from $343M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new MAIN positions and 13 closed out — a net gain of 13 holders — while 46 added to existing stakes and 45 trimmed.
The largest buyer was Financial Management Professionals, opening a new position worth an estimated $4.3M. The largest seller was Goldman Sachs, cutting an estimated $4.11M.
- 134 institutional investors held Main Street Capital (MAIN) as of Q4 2014, up from 122 in Q3 2014.
- Funds reported $392M of Main Street Capital stock for Q4 2014, up 14% quarter-over-quarter.
- 26 funds opened new Main Street Capital positions in Q4 2014 and 13 closed out, a net change of +13 holders.
- The largest Main Street Capital buyer in Q4 2014 was Financial Management Professionals, an estimated $4.3M added.
- The largest Main Street Capital seller in Q4 2014 was Goldman Sachs, an estimated $4.11M sold.
Based on aggregated 13F filings for Q4 2014.