Ares Capital
ARCC
334 hedge funds and large institutions have $2.53B invested in Ares Capital in 2015 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 123 increasing their positions, 119 reducing their positions, and 32 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 119
0% more funds holding in top 10
Funds holding in top 10: 16 → 16 (0)
6% less call options, than puts
Call options by funds: $4.75M | Put options by funds: $5.04M
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
2% less funds holding
Funds holding: 341 → 334 (-7)
8% less capital invested
Capital invested by funds: $2.74B → $2.53B (-$209M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
+$24.5M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$22.2M |
| 3 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$18.8M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$14.2M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$18.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.9M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$17M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$16.9M |
| 5 |
EAM
Edge Asset Management
Seattle,
Washington
|
-$16.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SAM
351
Selway Asset Management
| – | -$441K | -25,700 | Closed |
|
352
Nomura Holdings
Tokyo,
Japan
| – | -$373K | -21,730 | Closed |
|
|
NIT
353
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$307K | -17,900 | Closed |
|
|
SFM
354
Signet Financial Management
Parsippany,
New Jersey
| – | -$196K | -11,391 | Closed |
|
|
PSI
355
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$66K | -3,845 | Closed |
|
|
CCA
356
Catalyst Capital Advisors
Huntington,
New York
| – | -$47K | -2,766 | Closed |
|
|
BCM
357
Blume Capital Management
Berkeley,
California
| – | -$39K | -2,300 | Closed |
|
|
IC
358
Intersect Capital
San Ramon,
California
| – | -$29K | -1,720 | Closed |
|
|
NFG
359
Next Financial Group
Houston,
Texas
| – | -$14.3K | -856 | -96% |
|
360
Walleye Trading
New York
| – | -$11.1K | -663 | Closed |
|
|
HCM
361
Highlander Capital Management
Short Hills,
New Jersey
| – | -$6K | -325 | Closed |
|
|
ONB
362
Old National Bancorp
Evansville,
Indiana
| – | -$3K | -187 | Closed |
|
|
ST
363
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$2K | -125 | Closed |
|
ARCC Hedge Fund Activity: Q2 2015 in Review
334 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q2 2015, worth a combined $2.53B — down 7.6% from $2.74B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of ARCC and 29 opened new positions — a net loss of 3 holders — while 119 trimmed existing stakes and 123 added.
The largest buyer was Comerica Bank, adding an estimated $24.5M. The largest seller was Clough Capital Partners, cutting an estimated $18.6M.
- 334 institutional investors held Ares Capital (ARCC) as of Q2 2015, down from 341 in Q1 2015.
- Funds reported $2.53B of Ares Capital stock for Q2 2015, down 7.6% quarter-over-quarter.
- 29 funds opened new Ares Capital positions in Q2 2015 and 32 closed out, a net change of -3 holders.
- The largest Ares Capital buyer in Q2 2015 was Comerica Bank, an estimated $24.5M added.
- The largest Ares Capital seller in Q2 2015 was Clough Capital Partners, an estimated $18.6M sold.
Based on aggregated 13F filings for Q2 2015.