Birch Grove Capital’s Ares Capital ARCC Stock Holding History

Birch Grove Capital’s Portfolio ARCC Stock Details ARCC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-150,000	Closed	-$2.13M	–	19
2016 Q2	$2.13M	Buy	150,000 +110,000	+275%	+$1.63M	1.12%	14
2016 Q1	$594K	Hold	40,000	–	–	0.49%	13
2015 Q4	$570K	Buy	+40,000	New	+$607K	0.42%	16

Other funds holding ARCC

TIM

Thornburg Investment Management Santa Fe, New Mexico $10.5B AUM 30.38% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

VNIM

Vaughan Nelson Investment Management Houston, Texas $11.3B AUM 53% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

State of New Jersey Common Pension Fund D Trenton, New Jersey $29.3B AUM 38.15% 1-Year Est. Return

CIM

Confluence Investment Management St. Louis, Missouri $5.97B AUM 5.11% 1-Year Est. Return

Muzinich & Co New York $293M AUM 18.57% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

DFG

Delphi Financial Group Wilmington, Delaware $202M AUM 21.25% 1-Year Est. Return

Birch Grove Capital's ARCC Position: Q3 2016 in Review

Birch Grove Capital sold out of Ares Capital (ARCC) in Q3 2016, closing a stake of 150,000 shares — an estimated $2.13M sold.

Birch Grove Capital first reported a position in ARCC in Q4 2015 and held it in 3 quarters. The position peaked at $2.13M in Q2 2016. 345 funds tracked by Wall St. Rank hold ARCC as of Q3 2016.

Birch Grove Capital reported no remaining Ares Capital position as of Q3 2016 after selling out during the quarter.
Birch Grove Capital sold 150,000 Ares Capital shares in Q3 2016, an estimated $2.13M.
Birch Grove Capital first reported a position in Ares Capital in Q4 2015 and held it in 3 quarters.
Birch Grove Capital's Ares Capital position peaked at $2.13M in Q2 2016.
345 funds tracked by Wall St. Rank held Ares Capital as of Q3 2016.

Based on Birch Grove Capital's 13F filing for Q3 2016, filed 14 Nov 2016.