Ares Capital
ARCC
348 hedge funds and large institutions have $2.36B invested in Ares Capital in 2015 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 122 increasing their positions, 122 reducing their positions, and 26 closing their positions.
69% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 26
4% more funds holding
Funds holding: 334 → 348 (+14)
0% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 122
7% less capital invested
Capital invested by funds: $2.53B → $2.36B (-$169M)
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
49% less call options, than puts
Call options by funds: $6.63M | Put options by funds: $12.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$25.5M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$15.9M |
| 3 |
Morgan Stanley
New York
|
+$14.9M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$11.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29.7M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$24.9M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$18.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.5M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
-$13.2M |
ARCC Hedge Fund Activity: Q3 2015 in Review
348 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q3 2015, worth a combined $2.36B — down 6.7% from $2.53B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new ARCC positions and 26 closed out — a net gain of 18 holders — while 122 added to existing stakes and 122 trimmed.
The largest buyer was ALPS Advisors, opening a new position worth an estimated $25.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $29.7M.
- 348 institutional investors held Ares Capital (ARCC) as of Q3 2015, up from 334 in Q2 2015.
- Funds reported $2.36B of Ares Capital stock for Q3 2015, down 6.7% quarter-over-quarter.
- 44 funds opened new Ares Capital positions in Q3 2015 and 26 closed out, a net change of +18 holders.
- The largest Ares Capital buyer in Q3 2015 was ALPS Advisors, an estimated $25.5M added.
- The largest Ares Capital seller in Q3 2015 was T. Rowe Price Associates, an estimated $29.7M sold.
Based on aggregated 13F filings for Q3 2015.