Ares Capital
ARCC
451 hedge funds and large institutions have $2.92B invested in Ares Capital in 2018 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 175 increasing their positions, 145 reducing their positions, and 38 closing their positions.
21% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 38
21% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 145
3% more capital invested
Capital invested by funds: $2.82B → $2.92B (+$91.2M)
1% more funds holding
Funds holding: 447 → 451 (+4)
0.64% less ownership
Funds ownership: 40.43% → 39.78% (-0.64%)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
70% less call options, than puts
Call options by funds: $12.1M | Put options by funds: $40.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$24.3M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$13.9M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$12.5M |
| 4 |
Morgan Stanley
New York
|
+$11.3M |
| 5 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$41.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$26.3M |
| 3 |
MC
Muzinich & Co
New York
|
-$15.2M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$14M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$13.7M |
ARCC Hedge Fund Activity: Q3 2018 in Review
451 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q3 2018, worth a combined $2.92B — up 3.2% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new ARCC positions and 38 closed out — a net gain of 8 holders — while 175 added to existing stakes and 145 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $24.3M. The largest seller was Millennium Management, cutting an estimated $41.2M.
- 451 institutional investors held Ares Capital (ARCC) as of Q3 2018, up from 447 in Q2 2018.
- Funds reported $2.92B of Ares Capital stock for Q3 2018, up 3.2% quarter-over-quarter.
- 46 funds opened new Ares Capital positions in Q3 2018 and 38 closed out, a net change of +8 holders.
- The largest Ares Capital buyer in Q3 2018 was D.E. Shaw & Co, an estimated $24.3M added.
- The largest Ares Capital seller in Q3 2018 was Millennium Management, an estimated $41.2M sold.
Based on aggregated 13F filings for Q3 2018.