Main Street Capital
MAIN
146 hedge funds and large institutions have $462M invested in Main Street Capital in 2016 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 61 increasing their positions, 38 reducing their positions, and 13 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 38
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
4% more funds holding
Funds holding: 140 → 146 (+6)
2% more capital invested
Capital invested by funds: $453M → $462M (+$9.34M)
1.14% less ownership
Funds ownership: 28.62% → 27.48% (-1.1%)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
73% less call options, than puts
Call options by funds: $1.59M | Put options by funds: $5.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.95M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$1.59M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.03M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
+$1.02M |
| 5 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$919K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$8.9M |
| 2 |
LPL Financial
San Diego,
California
|
-$5.45M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.48M |
| 4 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$3.3M |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$2.23M |
MAIN Hedge Fund Activity: Q2 2016 in Review
146 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q2 2016, worth a combined $462M — up 2.1% from $453M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MAIN positions and 13 closed out — a net gain of 6 holders — while 61 added to existing stakes and 38 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $2.95M. The largest seller was Sanders Morris Harris, cutting an estimated $8.9M.
- 146 institutional investors held Main Street Capital (MAIN) as of Q2 2016, up from 140 in Q1 2016.
- Funds reported $462M of Main Street Capital stock for Q2 2016, up 2.1% quarter-over-quarter.
- 19 funds opened new Main Street Capital positions in Q2 2016 and 13 closed out, a net change of +6 holders.
- The largest Main Street Capital buyer in Q2 2016 was Bank of Montreal, an estimated $2.95M added.
- The largest Main Street Capital seller in Q2 2016 was Sanders Morris Harris, an estimated $8.9M sold.
Based on aggregated 13F filings for Q2 2016.