Ares Acquisition Corp II (AACT)

• Sector: Financials
• Industry: Blank Checks

Market Cap: 670M

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

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

13% more capital invested

Capital invested by funds: $444M [Q4 2023] → $501M (+$56.8M) [Q1 2024]

9.7% more ownership

Funds ownership: 85.05% [Q4 2023] → 94.75% (+9.7%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 6 (+0) [Q1 2024]

7% less funds holding

Funds holding: 56 [Q4 2023] → 52 (-4) [Q1 2024]

21% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 14

44% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 9