Main Street Capital
MAIN
176 hedge funds and large institutions have $582M invested in Main Street Capital in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 72 increasing their positions, 51 reducing their positions, and 17 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 51
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
1% more capital invested
Capital invested by funds: $574M → $582M (+$7.95M)
0.34% less ownership
Funds ownership: 27.15% → 26.81% (-0.34%)
1% less funds holding
Funds holding: 177 → 176 (-1)
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
23% less call options, than puts
Call options by funds: $2.41M | Put options by funds: $3.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UR
USCA RIA
Houston,
Texas
|
+$8.1M |
| 2 |
MC
Muzinich & Co
New York
|
+$5.19M |
| 3 |
LPL Financial
San Diego,
California
|
+$4.36M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.81M |
| 5 |
VanEck Associates
New York
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Texan Capital Management
Houston,
Texas
|
-$5.73M |
| 2 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$5.52M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$4.78M |
| 4 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$4.36M |
| 5 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$3.03M |
MAIN Hedge Fund Activity: Q2 2017 in Review
176 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q2 2017, worth a combined $582M — up 1.4% from $574M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MAIN and 16 opened new positions — a net loss of 1 holder — while 51 trimmed existing stakes and 72 added.
The largest buyer was USCA RIA, adding an estimated $8.1M. The largest seller was Texan Capital Management, cutting an estimated $5.73M.
- 176 institutional investors held Main Street Capital (MAIN) as of Q2 2017, down from 177 in Q1 2017.
- Funds reported $582M of Main Street Capital stock for Q2 2017, up 1.4% quarter-over-quarter.
- 16 funds opened new Main Street Capital positions in Q2 2017 and 17 closed out, a net change of -1 holder.
- The largest Main Street Capital buyer in Q2 2017 was USCA RIA, an estimated $8.1M added.
- The largest Main Street Capital seller in Q2 2017 was Texan Capital Management, an estimated $5.73M sold.
Based on aggregated 13F filings for Q2 2017.