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Main Street Capital

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.

New
Increased
Maintained
Reduced
Closed

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: 132126 (-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: 74 (-3)

44% less call options, than puts

Call options by funds: $1.75M | Put options by funds: $3.12M

Holders
126
Holders Change
-6
Holders Change %
-4.55%
% of All Funds
3.52%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.11%
New
15
Increased
52
Reduced
38
Closed
20
Calls
$1.75M
Puts
$3.12M
Net Calls
-$1.36M
Net Calls Change
+$633K
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
1
Burgundy Asset Management
Ontario, Canada
$63.6M +$23.7M +800,991 +51%
PSI
2
Pinnacle Summer Investments
Virginia
$47.3M +$6.72M +227,411 +15%
Macquarie Group
3
Macquarie Group
Australia
$28M +$944K +31,916 +3%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$27.6M +$4.49M +151,890 +17%
UBS Group
5
UBS Group
Switzerland
$21.9M -$4.5M -152,240 -16%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$11.4M -$1.67M -56,564 -12%
Morgan Stanley
7
Morgan Stanley
New York
$10.3M +$2.19M +74,181 +24%
CLM
8
ClearBridge LLC (Maryland)
Maryland
$8.89M +$1.23M +41,649 +14%
MC
9
Muzinich & Co
New York
$7.13M +$344K +11,647 +5%
Wells Fargo
10
Wells Fargo
California
$6.24M +$129K +4,352 +2%
BG
11
BlackRock Group
United Kingdom
$5.81M +$62.8K +2,123 +1%
PC
12
Polar Capital
United Kingdom
$5.66M +$370K +12,500 +6%
Robeco Institutional Asset Management
13
Robeco Institutional Asset Management
Netherlands
$5.64M -$1.9M -64,157 -23%
TCM
14
Texan Capital Management
Texas
$5.63M -$43.3K -1,464 -0.7%
YMRC
15
Yorktown Management & Research Company
Virginia
$5.46M -$1.77M -60,000 -23%
GIM
16
Greenwich Investment Management
Connecticut
$5.42M -$184K -6,235 -3%
Deutsche Bank
17
Deutsche Bank
Germany
$5.26M -$103K -3,500 -2%
CA
18
Cetera Advisors
Colorado
$4.69M -$319K -10,805 -6%
State of Wisconsin Investment Board
19
State of Wisconsin Investment Board
Wisconsin
$4.54M +$27.3K +924 +0.5%
UR
20
USCA RIA
Texas
$4.45M -$152K -5,153 -3%
Invesco
21
Invesco
Georgia
$4.45M -$27.7K -937 -0.6%
FMP
22
Financial Management Professionals
Texas
$4.12M +$81.8K +2,767 +2%
VanEck Associates
23
VanEck Associates
New York
$3.99M +$505K +17,078 +13%
FIM
24
Friedberg Investment Management
Texas
$3.85M -$21.1K -713 -0.5%
UBS AM
25
UBS AM
Illinois
$3.76M -$946K -32,000 -19%

MAIN Hedge Fund Activity: Q3 2015 in Review

126 of the 3,582 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.