Main Street Capital
MAIN
126 hedge funds and large institutions have $384M invested in Main Street Capital in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 52 increasing their positions, 38 reducing their positions, and 20 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 38
2.23% more ownership
Funds ownership: 26.45% → 28.68% (+2.2%)
5% less funds holding
Funds holding: 132 → 126 (-6)
9% less capital invested
Capital invested by funds: $421M → $384M (-$36.3M)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
44% less call options, than puts
Call options by funds: $1.75M | Put options by funds: $3.12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$23.7M |
| 2 |
PSI
Pinnacle Summer Investments
Fairfax,
Virginia
|
+$6.72M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$4.49M |
| 4 |
Morgan Stanley
New York
|
+$2.19M |
| 5 |
Two Sigma Investments
New York
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.5M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$2.78M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$1.9M |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.77M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.67M |
MAIN Hedge Fund Activity: Q3 2015 in Review
126 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q3 2015, worth a combined $384M — down 8.6% from $421M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of MAIN and 15 opened new positions — a net loss of 5 holders — while 38 trimmed existing stakes and 52 added.
The largest buyer was Burgundy Asset Management, adding an estimated $23.7M. The largest seller was UBS Group, cutting an estimated $4.5M.
- 126 institutional investors held Main Street Capital (MAIN) as of Q3 2015, down from 132 in Q2 2015.
- Funds reported $384M of Main Street Capital stock for Q3 2015, down 8.6% quarter-over-quarter.
- 15 funds opened new Main Street Capital positions in Q3 2015 and 20 closed out, a net change of -5 holders.
- The largest Main Street Capital buyer in Q3 2015 was Burgundy Asset Management, an estimated $23.7M added.
- The largest Main Street Capital seller in Q3 2015 was UBS Group, an estimated $4.5M sold.
Based on aggregated 13F filings for Q3 2015.