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Main Street Capital

390 hedge funds and large institutions have $1.07B invested in Main Street Capital in 2025 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 142 increasing their positions, 112 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 112

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

0.1% less ownership

Funds ownership: 21.43%21.33% (-0.1%)

4% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 51

3% less funds holding

Funds holding: 400390 (-10)

21% less capital invested

Capital invested by funds: $1.36B → $1.07B (-$287M)

80% less call options, than puts

Call options by funds: $11.4M | Put options by funds: $56.9M

Holders
390
Holders Change
-10
Holders Change %
-2.5%
% of All Funds
5.23%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
49
Increased
142
Reduced
112
Closed
51
Calls
$11.4M
Puts
$56.9M
Net Calls
-$45.5M
Net Calls Change
-$12.5M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$180M -$13.7M -230,558 -7%
VanEck Associates
2
VanEck Associates
New York
$66.3M -$6.95M -116,861 -9%
Morgan Stanley
3
Morgan Stanley
New York
$54.8M -$150K -2,524 -0.3%
Legal & General Group
4
Legal & General Group
United Kingdom
$36.8M +$1.64M +27,558 +4%
Invesco
5
Invesco
Georgia
$30.1M +$23.4M +393,101 +282%
BlackRock
6
BlackRock
New York
$25.8M -$222K -3,726 -0.8%
AHC
7
Adell Harriman & Carpenter
Texas
$25.3M +$1.31M +22,090 +5%
SIS
8
Sound Income Strategies
Florida
$18.9M -$478K -8,032 -2%
LPL Financial
9
LPL Financial
California
$17.4M +$488K +8,203 +3%
Franklin Resources
10
Franklin Resources
California
$14.7M +$2.64M +44,404 +21%
MC
11
Muzinich & Co
New York
$14M +$1.43M +24,130 +11%
UBS Group
12
UBS Group
Switzerland
$13.8M +$8.91M +149,942 +160%
Sumitomo Mitsui Trust Group
13
Sumitomo Mitsui Trust Group
Japan
$13.7M +$1.33M +22,340 +10%
Capital World Investors
14
Capital World Investors
California
$11.9M +$12.5M +210,341 New
SMH
15
Sanders Morris Harris
Texas
$11.7M +$87.8K +1,477 +0.7%
P
16
Paradiem
Louisiana
$11.1M -$5.04M -84,750 -30%
TA
17
Tectonic Advisors
Texas
$11M +$479K +8,065 +4%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$10.4M +$377K +6,341 +4%
First Trust Advisors
19
First Trust Advisors
Illinois
$10.4M +$4.79M +80,552 +78%
TLP
20
Trinity Legacy Partners
Texas
$10M -$1.13M -19,070 -9%
Two Sigma Investments
21
Two Sigma Investments
New York
$9.9M +$8.12M +136,540 +355%
Raymond James Financial
22
Raymond James Financial
Florida
$9.5M -$633K -10,642 -6%
PAG
23
Private Advisor Group
New Jersey
$8.92M +$637K +10,718 +7%
Marshall Wace
24
Marshall Wace
United Kingdom
$8.88M +$9.33M +156,968 New
Osaic Holdings
25
Osaic Holdings
Arizona
$8.84M -$1.06M -17,784 -10%

MAIN Hedge Fund Activity: Q1 2025 in Review

390 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Main Street Capital (MAIN) for Q1 2025, worth a combined $1.07B — down 21% from $1.36B a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of MAIN and 49 opened new positions — a net loss of 2 holders — while 112 trimmed existing stakes and 142 added.

The largest buyer was Invesco, adding an estimated $23.4M. The largest seller was Burgundy Asset Management, cutting an estimated $66.3M.

  • 390 institutional investors held Main Street Capital (MAIN) as of Q1 2025, down from 400 in Q4 2024.
  • Funds reported $1.07B of Main Street Capital stock for Q1 2025, down 21% quarter-over-quarter.
  • 49 funds opened new Main Street Capital positions in Q1 2025 and 51 closed out, a net change of -2 holders.
  • The largest Main Street Capital buyer in Q1 2025 was Invesco, an estimated $23.4M added.
  • The largest Main Street Capital seller in Q1 2025 was Burgundy Asset Management, an estimated $66.3M sold.

Based on aggregated 13F filings for Q1 2025.