Main Street Capital
MAIN
147 hedge funds and large institutions have $479M invested in Main Street Capital in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 61 increasing their positions, 47 reducing their positions, and 8 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 47
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
4% more capital invested
Capital invested by funds: $462M → $479M (+$17M)
1% more funds holding
Funds holding: 146 → 147 (+1)
0.86% less ownership
Funds ownership: 27.48% → 26.62% (-0.86%)
23% less call options, than puts
Call options by funds: $2.06M | Put options by funds: $2.67M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$17.8M |
| 2 |
MC
Muzinich & Co
New York
|
+$10.1M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$8.45M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$5.07M |
| 5 |
Two Sigma Advisers
New York
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$13.9M |
| 2 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$12.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$11.3M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$4.55M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$2.81M |
MAIN Hedge Fund Activity: Q3 2016 in Review
147 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q3 2016, worth a combined $479M — up 3.7% from $462M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MAIN positions and 8 closed out — a net gain of 2 holders — while 61 added to existing stakes and 47 trimmed.
The largest buyer was State of New Jersey Common Pension Fund D, adding an estimated $17.8M. The largest seller was Royal Bank of Canada, cutting an estimated $13.9M.
- 147 institutional investors held Main Street Capital (MAIN) as of Q3 2016, up from 146 in Q2 2016.
- Funds reported $479M of Main Street Capital stock for Q3 2016, up 3.7% quarter-over-quarter.
- 10 funds opened new Main Street Capital positions in Q3 2016 and 8 closed out, a net change of +2 holders.
- The largest Main Street Capital buyer in Q3 2016 was State of New Jersey Common Pension Fund D, an estimated $17.8M added.
- The largest Main Street Capital seller in Q3 2016 was Royal Bank of Canada, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2016.