Main Street Capital
MAIN
221 hedge funds and large institutions have $529M invested in Main Street Capital in 2019 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 85 increasing their positions, 63 reducing their positions, and 29 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 63
14% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 29
7% more capital invested
Capital invested by funds: $496M → $529M (+$32.3M)
1% more funds holding
Funds holding: 219 → 221 (+2)
1.07% less ownership
Funds ownership: 24.07% → 23% (-1.1%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
45% less call options, than puts
Call options by funds: $4.27M | Put options by funds: $7.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$5.15M |
| 2 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$2.8M |
| 3 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$2.78M |
| 4 |
Citigroup
New York
|
+$2.35M |
| 5 |
JP Morgan Chase
New York
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFG
CNO Financial Group
Carmel,
Indiana
|
-$7.41M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
-$7.14M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$6.67M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
-$4.86M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.21M |
MAIN Hedge Fund Activity: Q1 2019 in Review
221 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q1 2019, worth a combined $529M — up 6.5% from $496M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new MAIN positions and 29 closed out — a net gain of 4 holders — while 85 added to existing stakes and 63 trimmed.
The largest buyer was UBS Group, adding an estimated $5.15M. The largest seller was CNO Financial Group, cutting an estimated $7.41M.
- 221 institutional investors held Main Street Capital (MAIN) as of Q1 2019, up from 219 in Q4 2018.
- Funds reported $529M of Main Street Capital stock for Q1 2019, up 6.5% quarter-over-quarter.
- 33 funds opened new Main Street Capital positions in Q1 2019 and 29 closed out, a net change of +4 holders.
- The largest Main Street Capital buyer in Q1 2019 was UBS Group, an estimated $5.15M added.
- The largest Main Street Capital seller in Q1 2019 was CNO Financial Group, an estimated $7.41M sold.
Based on aggregated 13F filings for Q1 2019.