Main Street Capital
MAIN
230 hedge funds and large institutions have $511M invested in Main Street Capital in 2021 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 62 increasing their positions, 80 reducing their positions, and 13 closing their positions.
169% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 13
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
11% more capital invested
Capital invested by funds: $462M → $511M (+$49.4M)
9% more funds holding
Funds holding: 211 → 230 (+19)
3% less call options, than puts
Call options by funds: $11.2M | Put options by funds: $11.5M
2.41% less ownership
Funds ownership: 21.6% → 19.19% (-2.4%)
23% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HC
Hourglass Capital
Houston,
Texas
|
+$2.9M |
| 2 |
VC
Vestor Capital
Chicago,
Illinois
|
+$2.75M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$2.69M |
| 4 |
JP Morgan Chase
New York
|
+$2.27M |
| 5 |
M&T Bank
Buffalo,
New York
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.7M |
| 2 |
Millennium Management
New York
|
-$8.93M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.21M |
| 4 |
MC
Muzinich & Co
New York
|
-$3.85M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$3.85M |
MAIN Hedge Fund Activity: Q1 2021 in Review
230 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q1 2021, worth a combined $511M — up 11% from $462M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new MAIN positions and 13 closed out — a net gain of 22 holders — while 62 added to existing stakes and 80 trimmed.
The largest buyer was Hourglass Capital, opening a new position worth an estimated $2.9M. The largest seller was Morgan Stanley, cutting an estimated $15.7M.
- 230 institutional investors held Main Street Capital (MAIN) as of Q1 2021, up from 211 in Q4 2020.
- Funds reported $511M of Main Street Capital stock for Q1 2021, up 11% quarter-over-quarter.
- 35 funds opened new Main Street Capital positions in Q1 2021 and 13 closed out, a net change of +22 holders.
- The largest Main Street Capital buyer in Q1 2021 was Hourglass Capital, an estimated $2.9M added.
- The largest Main Street Capital seller in Q1 2021 was Morgan Stanley, an estimated $15.7M sold.
Based on aggregated 13F filings for Q1 2021.