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Main Street Capital

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.

New
Increased
Maintained
Reduced
Closed

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: 230252 (+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: 76 (-1)

Holders
252
Holders Change
+22
Holders Change %
+9.57%
% of All Funds
4.97%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.12%
New
42
Increased
92
Reduced
58
Closed
15
Calls
$5.24M
Puts
$879K
Net Calls
+$4.36M
Net Calls Change
+$422K
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
1
Burgundy Asset Management
Ontario, Canada
$63.4M -$2.12M -49,478 -3%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$39.7M -$357K -8,339 -0.9%
SIS
3
Sound Income Strategies
Florida
$30.4M +$2.61M +60,993 +9%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$26.3M
Macquarie Group
5
Macquarie Group
Australia
$24.6M -$15.3M -356,688 -38%
MC
6
Muzinich & Co
New York
$23.7M -$2.01M -47,013 -8%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$17.7M +$89.1K +2,084 +0.5%
VanEck Associates
8
VanEck Associates
New York
$17.6M -$1.72M -40,263 -9%
MGAM
9
McGowan Group Asset Management
Texas
$17.5M -$54.8K -1,282 -0.3%
M&T Bank
10
M&T Bank
New York
$15.9M +$1.2K +28 +0%
SMH
11
Sanders Morris Harris
Texas
$14.8M +$744K +17,394 +5%
Legal & General Group
12
Legal & General Group
United Kingdom
$14.5M +$381K +8,904 +3%
BlackRock
13
BlackRock
New York
$14.5M +$555K +12,978 +4%
ClearBridge Investments
14
ClearBridge Investments
New York
$13.6M +$2.66M +62,185 +25%
UBS Group
15
UBS Group
Switzerland
$13.5M +$1.53M +35,783 +13%
Morgan Stanley
16
Morgan Stanley
New York
$10.5M +$289K +6,764 +3%
State of Wisconsin Investment Board
17
State of Wisconsin Investment Board
Wisconsin
$9.5M +$185K +4,333 +2%
TLP
18
Trinity Legacy Partners
Texas
$8.75M -$395K -9,236 -4%
HighTower Advisors
19
HighTower Advisors
Illinois
$7.37M +$214K +5,012 +3%
MCM
20
McKinley Capital Management
Alaska
$7.28M +$1.36M +31,729 +23%
BCM
21
Brasada Capital Management
Texas
$6.75M -$51.1K -1,196 -0.8%
JP Morgan Chase
22
JP Morgan Chase
New York
$6.48M +$2.08M +48,634 +48%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$6.27M +$236K +5,513 +4%
RJA
24
Raymond James & Associates
Florida
$6.13M +$306K +7,148 +5%
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$6.03M -$77.7K -1,816 -1%

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.