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Main Street Capital

208 hedge funds and large institutions have $391M invested in Main Street Capital in 2020 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 73 increasing their positions, 65 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 26 (+4)

85% more call options, than puts

Call options by funds: $16.5M | Put options by funds: $8.9M

39% more capital invested

Capital invested by funds: $280M → $391M (+$111M)

12% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 65

2.7% less ownership

Funds ownership: 22.06%19.36% (-2.7%)

5% less funds holding

Funds holding: 220208 (-12)

25% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 40

Holders
208
Holders Change
-12
Holders Change %
-5.45%
% of All Funds
4.26%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.12%
New
30
Increased
73
Reduced
65
Closed
40
Calls
$16.5M
Puts
$8.9M
Net Calls
+$7.58M
Net Calls Change
+$14.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
1
Burgundy Asset Management
Ontario, Canada
$46.3M -$3.13M -110,874 -7%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$28.9M -$581K -20,624 -2%
SIS
3
Sound Income Strategies
Florida
$21.8M -$2.23M -79,255 -10%
Morgan Stanley
4
Morgan Stanley
New York
$19.2M +$10.6M +377,788 +157%
MC
5
Muzinich & Co
New York
$15.5M -$207K -7,332 -1%
Sumitomo Mitsui Trust Group
6
Sumitomo Mitsui Trust Group
Japan
$15.5M -$207K -7,332 -1%
Legal & General Group
7
Legal & General Group
United Kingdom
$13.5M +$2.16M +76,508 +21%
MGAM
8
McGowan Group Asset Management
Texas
$12.1M +$93.6K +3,319 +0.9%
BlackRock
9
BlackRock
New York
$11.3M +$975K +34,597 +11%
VanEck Associates
10
VanEck Associates
New York
$10.7M -$658K -23,334 -6%
SMH
11
Sanders Morris Harris
Texas
$7.47M -$3.06M -108,396 -31%
State of Wisconsin Investment Board
12
State of Wisconsin Investment Board
Wisconsin
$7.08M +$108K +3,842 +2%
MCM
13
McKinley Capital Management
Alaska
$6.71M +$705K +25,004 +13%
Osaic Holdings
14
Osaic Holdings
Arizona
$6.6M -$3.74M -132,608 -38%
UBS Group
15
UBS Group
Switzerland
$6.49M +$4.1M +145,564 +232%
TLP
16
Trinity Legacy Partners
Texas
$6.36M +$380K +13,489 +7%
JP Morgan Chase
17
JP Morgan Chase
New York
$6.17M -$4.62M -164,062 -45%
SWM
18
Segment Wealth Management
Texas
$5.73M +$4.7M +166,583 +948%
ACM
19
Advisors Capital Management
New Jersey
$4.97M -$231K -8,194 -5%
AF
20
Allworth Financial
California
$4.55M +$4.1M +145,344 +20,131%
ASN
21
Advisory Services Network
Georgia
$4.5M +$1.23M +43,754 +43%
UR
22
USCA RIA
Texas
$4.29M +$20.7K +735 +0.5%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$4.25M +$30.8K +1,093 +0.8%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$4.23M +$251K +8,912 +7%
LPL Financial
25
LPL Financial
California
$4.11M -$49.4K -1,753 -1%

MAIN Hedge Fund Activity: Q2 2020 in Review

208 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q2 2020, worth a combined $391M — up 39% from $280M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of MAIN and 30 opened new positions — a net loss of 10 holders — while 65 trimmed existing stakes and 73 added.

The largest buyer was Morgan Stanley, adding an estimated $10.6M. The largest seller was Bank of Montreal, cutting an estimated $17.1M.

  • 208 institutional investors held Main Street Capital (MAIN) as of Q2 2020, down from 220 in Q1 2020.
  • Funds reported $391M of Main Street Capital stock for Q2 2020, up 39% quarter-over-quarter.
  • 30 funds opened new Main Street Capital positions in Q2 2020 and 40 closed out, a net change of -10 holders.
  • The largest Main Street Capital buyer in Q2 2020 was Morgan Stanley, an estimated $10.6M added.
  • The largest Main Street Capital seller in Q2 2020 was Bank of Montreal, an estimated $17.1M sold.

Based on aggregated 13F filings for Q2 2020.