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Main Street Capital

204 hedge funds and large institutions have $537M invested in Main Street Capital in 2018 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 68 increasing their positions, 67 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more call options, than puts

Call options by funds: $7.23M | Put options by funds: $5.45M

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

8% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 26

1% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 67

1% less funds holding

Funds holding: 206204 (-2)

4% less capital invested

Capital invested by funds: $560M → $537M (-$22.7M)

1.57% less ownership

Funds ownership: 25.86%24.29% (-1.6%)

Holders
204
Holders Change
-2
Holders Change %
-0.97%
% of All Funds
4.67%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.18%
New
28
Increased
68
Reduced
67
Closed
26
Calls
$7.23M
Puts
$5.45M
Net Calls
+$1.78M
Net Calls Change
+$1.68M
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
1
Burgundy Asset Management
Ontario, Canada
$67.3M -$5.01M -131,635 -7%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$37.6M -$173K -4,539 -0.5%
Macquarie Group
3
Macquarie Group
Australia
$37M -$310K -8,157 -0.8%
MC
4
Muzinich & Co
New York
$33.9M -$20M -525,155 -37%
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$21.6M -$1.79M -47,030 -8%
M&T Bank
6
M&T Bank
New York
$17.9M -$181K -4,756 -1%
SMH
7
Sanders Morris Harris
Texas
$15.9M -$126K -3,314 -0.8%
VanEck Associates
8
VanEck Associates
New York
$15.8M +$818K +21,482 +5%
MGAM
9
McGowan Group Asset Management
Texas
$15.5M -$186K -4,876 -1%
SIS
10
Sound Income Strategies
Florida
$13.5M +$1.28M +33,579 +10%
UR
11
USCA RIA
Texas
$13.2M -$191K -5,029 -1%
CFG
12
CNO Financial Group
Indiana
$11.4M +$6.09M +160,000 +114%
CF
13
Centaurus Financial
California
$10.5M +$972K +25,541 +10%
BlackRock
14
BlackRock
New York
$9.33M -$2.12M -55,720 -19%
Legal & General Group
15
Legal & General Group
United Kingdom
$8.74M +$437K +11,488 +5%
Deutsche Bank
16
Deutsche Bank
Germany
$7.61M +$4.32M +113,428 +131%
UBS Group
17
UBS Group
Switzerland
$7.58M -$1.91M -50,115 -20%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$6.47M
BCM
19
Brasada Capital Management
Texas
$6.4M -$439K -11,525 -6%
Morgan Stanley
20
Morgan Stanley
New York
$6.26M +$178K +4,679 +3%
Invesco
21
Invesco
Georgia
$6.1M -$2.1M -55,128 -26%
HighTower Advisors
22
HighTower Advisors
Illinois
$5.69M +$1.74M +45,681 +44%
State of Wisconsin Investment Board
23
State of Wisconsin Investment Board
Wisconsin
$5.68M +$124K +3,265 +2%
AR
24
Advisory Research
Illinois
$5.02M -$1.06M -27,900 -17%
MHI
25
Miller Howard Investments
New York
$5.01M

MAIN Hedge Fund Activity: Q2 2018 in Review

204 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q2 2018, worth a combined $537M — down 4.1% from $560M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new MAIN positions and 26 closed out — a net gain of 2 holders — while 68 added to existing stakes and 67 trimmed.

The largest buyer was CNO Financial Group, adding an estimated $6.09M. The largest seller was Muzinich & Co, cutting an estimated $20M.

  • 204 institutional investors held Main Street Capital (MAIN) as of Q2 2018, down from 206 in Q1 2018.
  • Funds reported $537M of Main Street Capital stock for Q2 2018, down 4.1% quarter-over-quarter.
  • 28 funds opened new Main Street Capital positions in Q2 2018 and 26 closed out, a net change of +2 holders.
  • The largest Main Street Capital buyer in Q2 2018 was CNO Financial Group, an estimated $6.09M added.
  • The largest Main Street Capital seller in Q2 2018 was Muzinich & Co, an estimated $20M sold.

Based on aggregated 13F filings for Q2 2018.