Main Street Capital
MAIN
177 hedge funds and large institutions have $574M invested in Main Street Capital in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 71 increasing their positions, 51 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
39% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 51
13% more capital invested
Capital invested by funds: $507M → $574M (+$67.1M)
4% more funds holding
Funds holding: 171 → 177 (+6)
1.13% more ownership
Funds ownership: 26.02% → 27.15% (+1.1%)
4% less call options, than puts
Call options by funds: $2.45M | Put options by funds: $2.54M
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$36.6M |
| 2 |
BlackRock
New York
|
+$15.1M |
| 3 |
M&T Bank
Buffalo,
New York
|
+$12.3M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$11.7M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$4.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$21M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$8.13M |
| 3 |
KFA
Kelleher Financial Advisors
New York
|
-$4.67M |
| 4 |
Morgan Stanley
New York
|
-$3.03M |
| 5 |
Two Sigma Advisers
New York
|
-$2.53M |
MAIN Hedge Fund Activity: Q1 2017 in Review
177 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q1 2017, worth a combined $574M — up 13% from $507M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MAIN positions and 12 closed out — a net gain of 8 holders — while 71 added to existing stakes and 51 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $36.6M. The largest seller was Sanders Morris Harris, cutting an estimated $21M.
- 177 institutional investors held Main Street Capital (MAIN) as of Q1 2017, up from 171 in Q4 2016.
- Funds reported $574M of Main Street Capital stock for Q1 2017, up 13% quarter-over-quarter.
- 20 funds opened new Main Street Capital positions in Q1 2017 and 12 closed out, a net change of +8 holders.
- The largest Main Street Capital buyer in Q1 2017 was Muzinich & Co, an estimated $36.6M added.
- The largest Main Street Capital seller in Q1 2017 was Sanders Morris Harris, an estimated $21M sold.
Based on aggregated 13F filings for Q1 2017.