Timber Hill’s Ares Capital ARCC Stock Holding History

Timber Hill’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
2017 Q2	–	Sell	-22,900	Closed	-$398K	–	986
2017 Q1	$398K	Sell	22,900 -46,000	-67%	-$795K	﹤0.01%	1599
2016 Q4	$1.14M	Buy	+68,900	New	+$1.08M	0.01%	1199
2016 Q3	–	Sell	-166,600	Closed	-$2.37M	–	1973
2016 Q2	$2.37M	Buy	166,600 +125,700	+307%	+$1.87M	0.01%	823
2016 Q1	$607K	Sell	40,900 -27,600	-40%	-$380K	﹤0.01%	1484
2015 Q4	$976K	Buy	68,500 +38,300	+127%	+$581K	﹤0.01%	1353
2015 Q3	$437K	Sell	30,200 -16,700	-36%	-$262K	﹤0.01%	1868
2015 Q2	$772K	Buy	46,900 +10,500	+29%	+$175K	﹤0.01%	1663
2015 Q1	$625K	Sell	36,400 -21,100	-37%	-$352K	﹤0.01%	1682
2014 Q4	$897K	Sell	57,500 -14,000	-20%	-$223K	﹤0.01%	1508
2014 Q3	$1.16M	Buy	71,500 +12,500	+21%	+$211K	﹤0.01%	1491
2014 Q2	$1.05M	Sell	59,000 -25,600	-30%	-$440K	﹤0.01%	1634
2014 Q1	$1.49M	Sell	84,600 -11,500	-12%	-$205K	0.01%	1351
2013 Q4	$1.71M	Buy	96,100 +16,500	+21%	+$291K	0.01%	1480
2013 Q3	$1.38M	Sell	79,600 -40,100	-34%	-$702K	﹤0.01%	1725
2013 Q2	$2.06M	Buy	+119,700	New	+$2.09M	0.01%	1414

Other funds holding ARCC

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

Muzinich & Co New York $286M AUM 21.05% 1-Year Est. Return

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

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

Fidelity Investments

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Principal Financial Group

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

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

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

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

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return