Main Street Capital
MAIN
204 hedge funds and large institutions have $646M invested in Main Street Capital in 2017 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 62 increasing their positions, 59 reducing their positions, and 12 closing their positions.
217% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 12
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
14% more funds holding
Funds holding: 179 → 204 (+25)
5% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 59
4% more capital invested
Capital invested by funds: $624M → $646M (+$22.5M)
0.38% more ownership
Funds ownership: 27.65% → 28.03% (+0.38%)
62% less call options, than puts
Call options by funds: $2.13M | Put options by funds: $5.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.83M |
| 2 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$4.93M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$3.23M |
| 4 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$2.42M |
| 5 |
BlackRock
New York
|
+$992K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$14.6M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.41M |
| 4 |
Millennium Management
New York
|
-$1.9M |
| 5 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$1.51M |
MAIN Hedge Fund Activity: Q4 2017 in Review
204 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q4 2017, worth a combined $646M — up 3.6% from $624M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new MAIN positions and 12 closed out — a net gain of 26 holders — while 62 added to existing stakes and 59 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $6.83M. The largest seller was Muzinich & Co, cutting an estimated $14.6M.
- 204 institutional investors held Main Street Capital (MAIN) as of Q4 2017, up from 179 in Q3 2017.
- Funds reported $646M of Main Street Capital stock for Q4 2017, up 3.6% quarter-over-quarter.
- 38 funds opened new Main Street Capital positions in Q4 2017 and 12 closed out, a net change of +26 holders.
- The largest Main Street Capital buyer in Q4 2017 was Arrowstreet Capital, an estimated $6.83M added.
- The largest Main Street Capital seller in Q4 2017 was Muzinich & Co, an estimated $14.6M sold.
Based on aggregated 13F filings for Q4 2017.