Main Street Capital
MAIN
214 hedge funds and large institutions have $578M invested in Main Street Capital in 2018 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 85 increasing their positions, 57 reducing their positions, and 17 closing their positions.
76% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 17
49% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 57
6% more capital invested
Capital invested by funds: $546M → $578M (+$32.2M)
5% more funds holding
Funds holding: 203 → 214 (+11)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
0.18% less ownership
Funds ownership: 24.14% → 23.96% (-0.18%)
40% less call options, than puts
Call options by funds: $2.25M | Put options by funds: $3.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$11.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.21M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.97M |
| 4 |
Millennium Management
New York
|
+$2.24M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$11.2M |
| 2 |
MC
Muzinich & Co
New York
|
-$6.6M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$4.34M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.6M |
| 5 |
CCM
Chilton Capital Management
Houston,
Texas
|
-$2.82M |
MAIN Hedge Fund Activity: Q3 2018 in Review
214 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q3 2018, worth a combined $578M — up 5.9% from $546M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new MAIN positions and 17 closed out — a net gain of 13 holders — while 85 added to existing stakes and 57 trimmed.
The largest buyer was ClearBridge Investments, adding an estimated $11.9M. The largest seller was ClearBridge LLC (Maryland), exiting entirely with an estimated $11.2M sold.
- 214 institutional investors held Main Street Capital (MAIN) as of Q3 2018, up from 203 in Q2 2018.
- Funds reported $578M of Main Street Capital stock for Q3 2018, up 5.9% quarter-over-quarter.
- 30 funds opened new Main Street Capital positions in Q3 2018 and 17 closed out, a net change of +13 holders.
- The largest Main Street Capital buyer in Q3 2018 was ClearBridge Investments, an estimated $11.9M added.
- The largest Main Street Capital seller in Q3 2018 was ClearBridge LLC (Maryland), an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2018.