State of New Jersey Common Pension Fund D’s Ares Capital ARCC Stock Holding History

State of New Jersey Common Pension Fund D’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
2018 Q2	–	Sell	-1,800,000	Closed	-$28.6M	–	959
2018 Q1	$28.6M	Sell	1,800,000 -1,800,000	-50%	-$28.5M	0.11%	199
2017 Q4	$56.6M	Hold	3,600,000	–	–	0.21%	118
2017 Q3	$59M	Buy	3,600,000 +400,000	+13%	+$6.48M	0.24%	109
2017 Q2	$52.4M	Hold	3,200,000	–	–	0.22%	110
2017 Q1	$55.6M	Sell	3,200,000 -400,000	-11%	-$6.91M	0.23%	110
2016 Q4	$59.4M	Sell	3,600,000 -1,375,000	-28%	-$21.6M	0.25%	96
2016 Q3	$77.1M	Buy	4,975,000 +3,075,000	+162%	+$47.2M	0.33%	64
2016 Q2	$27M	Buy	1,900,000 +1,100,000	+138%	+$16.3M	0.12%	199
2016 Q1	$11.9M	Buy	800,000 +75,000	+10%	+$1.03M	0.05%	342
2015 Q4	$10.3M	Buy	+725,000	New	+$11M	0.04%	390

Other funds holding ARCC

TIM

Thornburg Investment Management Santa Fe, New Mexico $9.63B AUM 35.65% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

VNIM

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

CIM

Confluence Investment Management St. Louis, Missouri $6.4B AUM 9.79% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

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

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

State of New Jersey Common Pension Fund D's ARCC Position: Q2 2018 in Review

State of New Jersey Common Pension Fund D sold out of Ares Capital (ARCC) in Q2 2018, closing a stake of 1,800,000 shares — an estimated $28.6M sold.

State of New Jersey Common Pension Fund D first reported a position in ARCC in Q4 2015 and held it in 10 quarters. The position peaked at $77.1M in Q3 2016. 447 funds tracked by Wall St. Rank hold ARCC as of Q2 2018.

State of New Jersey Common Pension Fund D reported no remaining Ares Capital position as of Q2 2018 after selling out during the quarter.
State of New Jersey Common Pension Fund D sold 1,800,000 Ares Capital shares in Q2 2018, an estimated $28.6M.
State of New Jersey Common Pension Fund D first reported a position in Ares Capital in Q4 2015 and held it in 10 quarters.
State of New Jersey Common Pension Fund D's Ares Capital position peaked at $77.1M in Q3 2016.
447 funds tracked by Wall St. Rank held Ares Capital as of Q2 2018.

Based on State of New Jersey Common Pension Fund D's 13F filing for Q2 2018, filed 30 Jul 2018.