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Main Street Capital

219 hedge funds and large institutions have $487M invested in Main Street Capital in 2018 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 73 increasing their positions, 62 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

22% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 32

18% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 62

2% more funds holding

Funds holding: 215219 (+4)

0.05% more ownership

Funds ownership: 23.59%23.64% (+0.05%)

14% less capital invested

Capital invested by funds: $569M → $487M (-$82M)

67% less call options, than puts

Call options by funds: $2.74M | Put options by funds: $8.34M

Holders
219
Holders Change
+4
Holders Change %
+1.86%
% of All Funds
4.88%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.22%
New
39
Increased
73
Reduced
62
Closed
32
Calls
$2.74M
Puts
$8.34M
Net Calls
-$5.6M
Net Calls Change
-$4.12M
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
1
Burgundy Asset Management
Ontario, Canada
$55.2M -$987K -26,530 -2%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$34M +$210K +5,635 +0.6%
Macquarie Group
3
Macquarie Group
Australia
$32.4M
MC
4
Muzinich & Co
New York
$24.8M +$265K +7,116 +1%
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$20.6M -$1.19M -32,116 -5%
VanEck Associates
6
VanEck Associates
New York
$16.3M +$954K +25,653 +6%
M&T Bank
7
M&T Bank
New York
$15.2M -$1.72M -46,223 -9%
SIS
8
Sound Income Strategies
Florida
$14M +$718K +19,302 +5%
MGAM
9
McGowan Group Asset Management
Texas
$13.6M -$26.1K -702 -0.2%
SMH
10
Sanders Morris Harris
Texas
$13.5M -$345K -9,264 -2%
CFG
11
CNO Financial Group
Indiana
$10.1M
ClearBridge Investments
12
ClearBridge Investments
New York
$10M -$144K -3,864 -1%
UR
13
USCA RIA
Texas
$9.81M -$1.08M -28,950 -9%
Legal & General Group
14
Legal & General Group
United Kingdom
$9.37M +$1.63M +43,917 +19%
BlackRock
15
BlackRock
New York
$8.8M -$490K -13,184 -5%
Morgan Stanley
16
Morgan Stanley
New York
$7.8M +$659K +17,716 +8%
Deutsche Bank
17
Deutsche Bank
Germany
$6.65M -$1.68M -45,265 -19%
TLP
18
Trinity Legacy Partners
Texas
$5.62M +$6.18M +166,251 New
MCM
19
McKinley Capital Management
Alaska
$5.49M +$1.54M +41,410 +34%
State of Wisconsin Investment Board
20
State of Wisconsin Investment Board
Wisconsin
$5.24M +$134K +3,594 +2%
Invesco
21
Invesco
Georgia
$5.22M +$452K +12,140 +9%
HighTower Advisors
22
HighTower Advisors
Illinois
$5M +$116K +3,131 +2%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$4.89M -$648K -17,419 -11%
Ninety One (UK)
24
Ninety One (UK)
United Kingdom
$4.86M +$5.35M +143,810 New
BCM
25
Brasada Capital Management
Texas
$4.58M -$2.12M -56,900 -30%

MAIN Hedge Fund Activity: Q4 2018 in Review

219 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q4 2018, worth a combined $487M — down 14% from $569M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new MAIN positions and 32 closed out — a net gain of 7 holders — while 73 added to existing stakes and 62 trimmed.

The largest buyer was Ninety One (UK), opening a new position worth an estimated $5.35M. The largest seller was Oxford Asset Management, exiting entirely with an estimated $2.84M sold.

  • 219 institutional investors held Main Street Capital (MAIN) as of Q4 2018, up from 215 in Q3 2018.
  • Funds reported $487M of Main Street Capital stock for Q4 2018, down 14% quarter-over-quarter.
  • 39 funds opened new Main Street Capital positions in Q4 2018 and 32 closed out, a net change of +7 holders.
  • The largest Main Street Capital buyer in Q4 2018 was Ninety One (UK), an estimated $5.35M added.
  • The largest Main Street Capital seller in Q4 2018 was Oxford Asset Management, an estimated $2.84M sold.

Based on aggregated 13F filings for Q4 2018.