Main Street Capital
MAIN
223 hedge funds and large institutions have $582M invested in Main Street Capital in 2019 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 71 increasing their positions, 66 reducing their positions, and 30 closing their positions.
228% more call options, than puts
Call options by funds: $5.67M | Put options by funds: $1.73M
20% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 30
10% more capital invested
Capital invested by funds: $529M → $582M (+$53.7M)
8% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 66
1% more funds holding
Funds holding: 221 → 223 (+2)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
0.43% less ownership
Funds ownership: 23% → 22.57% (-0.43%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$7.96M |
| 2 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$5.49M |
| 3 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$2.95M |
| 4 |
VEA
Virtus ETF Advisers
New York
|
+$2.5M |
| 5 |
JCM
Jag Capital Management
St Louis,
Missouri
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$4.04M |
| 2 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$2.88M |
| 3 |
MC
Muzinich & Co
New York
|
-$2.4M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$2.4M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$2.21M |
MAIN Hedge Fund Activity: Q2 2019 in Review
223 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q2 2019, worth a combined $582M — up 10% from $529M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MAIN positions and 30 closed out — a net gain of 6 holders — while 71 added to existing stakes and 66 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $7.96M. The largest seller was Sumitomo Mitsui DS Asset Management, exiting entirely with an estimated $4.04M sold.
- 223 institutional investors held Main Street Capital (MAIN) as of Q2 2019, up from 221 in Q1 2019.
- Funds reported $582M of Main Street Capital stock for Q2 2019, up 10% quarter-over-quarter.
- 36 funds opened new Main Street Capital positions in Q2 2019 and 30 closed out, a net change of +6 holders.
- The largest Main Street Capital buyer in Q2 2019 was Lord, Abbett & Co, an estimated $7.96M added.
- The largest Main Street Capital seller in Q2 2019 was Sumitomo Mitsui DS Asset Management, an estimated $4.04M sold.
Based on aggregated 13F filings for Q2 2019.