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Main Street Capital

289 hedge funds and large institutions have $660M invested in Main Street Capital in 2023 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 100 increasing their positions, 76 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

158% more call options, than puts

Call options by funds: $18.5M | Put options by funds: $7.17M

116% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 19

32% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 76

8% more capital invested

Capital invested by funds: $614M → $660M (+$46.2M)

6% more funds holding

Funds holding: 273289 (+16)

0.84% more ownership

Funds ownership: 19.68%20.52% (+0.84%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
289
Holders Change
+16
Holders Change %
+5.86%
% of All Funds
4.54%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
41
Increased
100
Reduced
76
Closed
19
Calls
$18.5M
Puts
$7.17M
Net Calls
+$11.4M
Net Calls Change
-$317K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$136M -$851K -21,448 -0.6%
BAM
2
Burgundy Asset Management
Ontario, Canada
$40M -$10.5M -264,221 -21%
Morgan Stanley
3
Morgan Stanley
New York
$30.4M +$1.8M +45,267 +6%
VanEck Associates
4
VanEck Associates
New York
$28.7M +$2.03M +51,189 +8%
Legal & General Group
5
Legal & General Group
United Kingdom
$23.2M +$1.8M +45,404 +8%
T. Rowe Price Investment Management
6
T. Rowe Price Investment Management
Maryland
$19.7M -$3.82M -96,301 -16%
Millennium Management
7
Millennium Management
New York
$18.1M +$16.9M +424,983 +1,634%
BlackRock
8
BlackRock
New York
$16.6M -$724K -18,252 -4%
SIS
9
Sound Income Strategies
Florida
$13.8M +$207K +5,214 +2%
LPL Financial
10
LPL Financial
California
$9.77M +$663K +16,713 +7%
Osaic Holdings
11
Osaic Holdings
Arizona
$9.36M -$230K -5,788 -2%
AHC
12
Adell Harriman & Carpenter
Texas
$9.21M +$2.75M +69,335 +44%
SMH
13
Sanders Morris Harris
Texas
$8.8M +$52.8K +1,331 +0.6%
Citadel Advisors
14
Citadel Advisors
Florida
$8.75M +$4.81M +121,372 +125%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$7.69M +$470K +11,847 +7%
MC
16
Muzinich & Co
New York
$7.66M -$198K -5,003 -3%
Sumitomo Mitsui Trust Group
17
Sumitomo Mitsui Trust Group
Japan
$7.51M -$198K -5,003 -3%
MCM
18
McKinley Capital Management
Alaska
$7.4M -$57.1K -1,440 -0.8%
TLP
19
Trinity Legacy Partners
Texas
$6.99M -$104K -2,634 -1%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$6.24M +$250K +6,309 +4%
Two Sigma Investments
21
Two Sigma Investments
New York
$6.11M +$675K +17,018 +13%
USCWA
22
U.S. Capital Wealth Advisors
Texas
$5.38M +$89.8K +2,264 +2%
CIM
23
Confluence Investment Management
Missouri
$5.17M +$11.2K +282 +0.2%
CCA
24
Childress Capital Advisors
Texas
$5.13M -$509K -12,835 -9%
ACM
25
Advisors Capital Management
New Jersey
$5.08M -$395K -9,945 -7%

MAIN Hedge Fund Activity: Q2 2023 in Review

289 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q2 2023, worth a combined $660M — up 7.5% from $614M a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new MAIN positions and 19 closed out — a net gain of 22 holders — while 100 added to existing stakes and 76 trimmed.

The largest buyer was Millennium Management, adding an estimated $16.9M. The largest seller was Burgundy Asset Management, cutting an estimated $10.5M.

  • 289 institutional investors held Main Street Capital (MAIN) as of Q2 2023, up from 273 in Q1 2023.
  • Funds reported $660M of Main Street Capital stock for Q2 2023, up 7.5% quarter-over-quarter.
  • 41 funds opened new Main Street Capital positions in Q2 2023 and 19 closed out, a net change of +22 holders.
  • The largest Main Street Capital buyer in Q2 2023 was Millennium Management, an estimated $16.9M added.
  • The largest Main Street Capital seller in Q2 2023 was Burgundy Asset Management, an estimated $10.5M sold.

Based on aggregated 13F filings for Q2 2023.