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Main Street Capital

140 hedge funds and large institutions have $453M invested in Main Street Capital in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 56 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 14

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

4% more funds holding

Funds holding: 135140 (+5)

4% more capital invested

Capital invested by funds: $437M → $453M (+$15.5M)

1.38% less ownership

Funds ownership: 30%28.62% (-1.4%)

25% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 56

58% less call options, than puts

Call options by funds: $5.33M | Put options by funds: $12.7M

Holders
140
Holders Change
+5
Holders Change %
+3.7%
% of All Funds
3.73%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.24%
New
20
Increased
42
Reduced
56
Closed
14
Calls
$5.33M
Puts
$12.7M
Net Calls
-$7.41M
Net Calls Change
+$2.32M
Name Holding Trade Value Shares
Change
Change in
Stake
SMH
1
Sanders Morris Harris
Texas
$75.1M +$69.6M +2,394,762 New
BAM
2
Burgundy Asset Management
Ontario, Canada
$68.8M -$5.42M -186,496 -8%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$31M +$505K +17,400 +2%
Macquarie Group
4
Macquarie Group
Australia
$30.5M -$2.23M -76,834 -7%
UBS Group
5
UBS Group
Switzerland
$25.8M +$9.57M +329,485 +67%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$13.6M -$28.4K -976 -0.2%
Morgan Stanley
7
Morgan Stanley
New York
$13.4M +$545K +18,749 +5%
MC
8
Muzinich & Co
New York
$11.1M +$1.08M +37,183 +12%
CLM
9
ClearBridge LLC (Maryland)
Maryland
$9.32M -$1.74M -59,775 -17%
YMRC
10
Yorktown Management & Research Company
Virginia
$8.46M
BG
11
BlackRock Group
United Kingdom
$6.92M +$454K +15,631 +8%
Robeco Institutional Asset Management
12
Robeco Institutional Asset Management
Netherlands
$6.63M
GIM
13
Greenwich Investment Management
Connecticut
$6.35M +$39.4K +1,355 +0.7%
TCM
14
Texan Capital Management
Texas
$5.92M -$332K -11,436 -6%
LPL Financial
15
LPL Financial
California
$5.79M +$1.84M +63,308 +50%
State of Wisconsin Investment Board
16
State of Wisconsin Investment Board
Wisconsin
$5.47M +$31.2K +1,073 +0.6%
UR
17
USCA RIA
Texas
$5.29M +$32.7K +1,125 +0.7%
FIM
18
Friedberg Investment Management
Texas
$5.26M +$100K +3,441 +2%
Invesco
19
Invesco
Georgia
$4.85M +$362K +12,455 +9%
VanEck Associates
20
VanEck Associates
New York
$4.6M +$273K +9,405 +7%
Deutsche Bank
21
Deutsche Bank
Germany
$4.38M -$3.86M -132,749 -49%
FMP
22
Financial Management Professionals
Texas
$4.23M -$870K -29,946 -18%
MHI
23
Miller Howard Investments
New York
$4.13M
KFA
24
Kelleher Financial Advisors
New York
$4.01M -$14.5K -500 -0.4%
CIM
25
Confluence Investment Management
Missouri
$3.98M +$2.41K +83 +0.1%

MAIN Hedge Fund Activity: Q1 2016 in Review

140 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q1 2016, worth a combined $453M — up 3.5% from $437M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new MAIN positions and 14 closed out — a net gain of 6 holders — while 42 added to existing stakes and 56 trimmed.

The largest buyer was UBS Group, adding an estimated $9.57M. The largest seller was Burgundy Asset Management, cutting an estimated $5.42M.

  • 140 institutional investors held Main Street Capital (MAIN) as of Q1 2016, up from 135 in Q4 2015.
  • Funds reported $453M of Main Street Capital stock for Q1 2016, up 3.5% quarter-over-quarter.
  • 20 funds opened new Main Street Capital positions in Q1 2016 and 14 closed out, a net change of +6 holders.
  • The largest Main Street Capital buyer in Q1 2016 was UBS Group, an estimated $9.57M added.
  • The largest Main Street Capital seller in Q1 2016 was Burgundy Asset Management, an estimated $5.42M sold.

Based on aggregated 13F filings for Q1 2016.