Main Street Capital
MAIN
252 hedge funds and large institutions have $609M invested in Main Street Capital in 2019 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 92 increasing their positions, 58 reducing their positions, and 15 closing their positions.
496% more call options, than puts
Call options by funds: $5.24M | Put options by funds: $879K
180% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 15
59% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 58
10% more funds holding
Funds holding: 230 → 252 (+22)
0.68% less ownership
Funds ownership: 23.01% → 22.33% (-0.68%)
3% less capital invested
Capital invested by funds: $627M → $609M (-$18.7M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$3.14M |
| 2 |
ClearBridge Investments
New York
|
+$2.66M |
| 3 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$2.61M |
| 4 |
JP Morgan Chase
New York
|
+$2.08M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$15.3M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$10.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.06M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.96M |
| 5 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$2.12M |
MAIN Hedge Fund Activity: Q4 2019 in Review
252 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q4 2019, worth a combined $609M — down 3% from $627M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new MAIN positions and 15 closed out — a net gain of 27 holders — while 92 added to existing stakes and 58 trimmed.
The largest buyer was Avantax Advisory Services, adding an estimated $3.14M. The largest seller was Macquarie Group, cutting an estimated $15.3M.
- 252 institutional investors held Main Street Capital (MAIN) as of Q4 2019, up from 230 in Q3 2019.
- Funds reported $609M of Main Street Capital stock for Q4 2019, down 3% quarter-over-quarter.
- 42 funds opened new Main Street Capital positions in Q4 2019 and 15 closed out, a net change of +27 holders.
- The largest Main Street Capital buyer in Q4 2019 was Avantax Advisory Services, an estimated $3.14M added.
- The largest Main Street Capital seller in Q4 2019 was Macquarie Group, an estimated $15.3M sold.
Based on aggregated 13F filings for Q4 2019.