Ares Capital
ARCC
347 hedge funds and large institutions have $2.73B invested in Ares Capital in 2014 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 152 increasing their positions, 98 reducing their positions, and 36 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 98
44% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 36
13% more capital invested
Capital invested by funds: $2.42B → $2.73B (+$313M)
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
3% more funds holding
Funds holding: 338 → 347 (+9)
42% less call options, than puts
Call options by funds: $7.46M | Put options by funds: $12.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$28.1M |
| 2 |
Goldman Sachs
New York
|
+$23.7M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$21.8M |
| 4 |
Comerica Bank
Dallas,
Texas
|
+$20.7M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$31.6M |
| 2 |
Two Sigma Advisers
New York
|
-$12.9M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$12M |
| 4 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$11.7M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$11M |
ARCC Hedge Fund Activity: Q4 2014 in Review
347 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q4 2014, worth a combined $2.73B — up 13% from $2.42B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new ARCC positions and 36 closed out — a net gain of 16 holders — while 152 added to existing stakes and 98 trimmed.
The largest buyer was Thornburg Investment Management, adding an estimated $28.1M. The largest seller was Lord, Abbett & Co, cutting an estimated $31.6M.
- 347 institutional investors held Ares Capital (ARCC) as of Q4 2014, up from 338 in Q3 2014.
- Funds reported $2.73B of Ares Capital stock for Q4 2014, up 13% quarter-over-quarter.
- 52 funds opened new Ares Capital positions in Q4 2014 and 36 closed out, a net change of +16 holders.
- The largest Ares Capital buyer in Q4 2014 was Thornburg Investment Management, an estimated $28.1M added.
- The largest Ares Capital seller in Q4 2014 was Lord, Abbett & Co, an estimated $31.6M sold.
Based on aggregated 13F filings for Q4 2014.