Ares Acquisition Corp II (AACT)

• Sector: Financials
• Industry: Blank Checks

Market Cap: $674M

About: Ares Acquisition Corp II is a blank check company.

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

10% more funds holding

Funds holding: 52 [Q1] → 57 (+5) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]

9% less capital invested

Capital invested by funds: $501M [Q1] → $455M (-$45.7M) [Q2]

9.45% less ownership

Funds ownership: 94.75% [Q1] → 85.3% (-9.45%) [Q2]

33% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 15