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Main Street Capital

220 hedge funds and large institutions have $280M invested in Main Street Capital in 2020 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 85 increasing their positions, 64 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 64

0.27% less ownership

Funds ownership: 22.33%22.06% (-0.27%)

13% less funds holding

Funds holding: 252220 (-32)

41% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 61

54% less capital invested

Capital invested by funds: $609M → $280M (-$328M)

63% less call options, than puts

Call options by funds: $3.9M | Put options by funds: $10.7M

67% less funds holding in top 10

Funds holding in top 10: 62 (-4)

Holders
220
Holders Change
-32
Holders Change %
-12.7%
% of All Funds
4.85%
Holding in Top 10
2
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-66.67%
% of All Funds
0.04%
New
36
Increased
85
Reduced
64
Closed
61
Calls
$3.9M
Puts
$10.7M
Net Calls
-$6.75M
Net Calls Change
-$11.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
1
Burgundy Asset Management
Ontario, Canada
$32.8M +$4.77M +127,541 +9%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$19.5M +$1.06M +28,284 +3%
SIS
3
Sound Income Strategies
Florida
$16M +$2.81M +75,135 +11%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$10.8M -$60.7K -1,622 -0.3%
MC
5
Muzinich & Co
New York
$10.4M -$1.6M -42,854 -8%
Sumitomo Mitsui Trust Group
6
Sumitomo Mitsui Trust Group
Japan
$10.4M +$18.9M +506,363 New
MGAM
7
McGowan Group Asset Management
Texas
$7.93M -$718K -19,185 -5%
VanEck Associates
8
VanEck Associates
New York
$7.54M -$1.55M -41,331 -10%
JP Morgan Chase
9
JP Morgan Chase
New York
$7.43M +$7.92M +211,754 +141%
Legal & General Group
10
Legal & General Group
United Kingdom
$7.32M +$797K +21,305 +6%
BlackRock
11
BlackRock
New York
$6.75M -$250K -6,672 -2%
ClearBridge Investments
12
ClearBridge Investments
New York
$6.53M +$173K +4,636 +1%
Morgan Stanley
13
Morgan Stanley
New York
$4.93M -$105K -2,817 -1%
Osaic Holdings
14
Osaic Holdings
Arizona
$4.74M +$12.9M +344,536 New
State of Wisconsin Investment Board
15
State of Wisconsin Investment Board
Wisconsin
$4.59M +$126K +3,362 +2%
Arrowstreet Capital
16
Arrowstreet Capital
Massachusetts
$4.19M +$7.28M +194,715 +2,072%
MCM
17
McKinley Capital Management
Alaska
$3.91M +$811K +21,679 +13%
HighTower Advisors
18
HighTower Advisors
Illinois
$3.86M +$639K +17,087 +10%
ACM
19
Advisors Capital Management
New Jersey
$3.44M +$6.28M +167,959 New
TLP
20
Trinity Legacy Partners
Texas
$3.38M -$366K -9,786 -5%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$3.17M +$2.62M +70,006 +83%
RJA
22
Raymond James & Associates
Florida
$3.09M +$314K +8,400 +6%
UR
23
USCA RIA
Texas
$2.81M +$191K +5,115 +4%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$2.78M -$168K -4,500 -3%
LPL Financial
25
LPL Financial
California
$2.75M +$5.39K +144 +0.1%

MAIN Hedge Fund Activity: Q1 2020 in Review

220 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q1 2020, worth a combined $280M — down 54% from $609M a quarter earlier.

Sellers outnumbered buyers: 61 funds closed out of MAIN and 36 opened new positions — a net loss of 25 holders — while 64 trimmed existing stakes and 85 added.

The largest buyer was Sumitomo Mitsui Trust Group, opening a new position worth an estimated $18.9M. The largest seller was Macquarie Group, exiting entirely with an estimated $24.6M sold.

  • 220 institutional investors held Main Street Capital (MAIN) as of Q1 2020, down from 252 in Q4 2019.
  • Funds reported $280M of Main Street Capital stock for Q1 2020, down 54% quarter-over-quarter.
  • 36 funds opened new Main Street Capital positions in Q1 2020 and 61 closed out, a net change of -25 holders.
  • The largest Main Street Capital buyer in Q1 2020 was Sumitomo Mitsui Trust Group, an estimated $18.9M added.
  • The largest Main Street Capital seller in Q1 2020 was Macquarie Group, an estimated $24.6M sold.

Based on aggregated 13F filings for Q1 2020.