Ares Capital
ARCC
312 hedge funds and large institutions have $3.33B invested in Ares Capital in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 151 increasing their positions, 79 reducing their positions, and 25 closing their positions.
112% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $9.69M
91% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 79
40% more capital invested
Capital invested by funds: $2.38B → $3.33B (+$952M)
28% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 25
2% more funds holding
Funds holding: 306 → 312 (+6)
0% more funds holding in top 10
Funds holding in top 10: 16 → 16 (0)
Top Buyers
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$131M |
| 2 |
Bank of New York Mellon
New York
|
+$23.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$19.9M |
| 4 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$15.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.4M |
Top Sellers
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$22.8M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$12M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$11.3M |
| 4 |
Two Sigma Advisers
New York
|
-$10.2M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$10.1M |
ARCC Hedge Fund Activity: Q3 2013 in Review
312 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q3 2013, worth a combined $3.33B — up 40% from $2.38B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new ARCC positions and 25 closed out — a net gain of 7 holders — while 151 added to existing stakes and 79 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $131M. The largest seller was Artisan Partners, exiting entirely with an estimated $22.8M sold.
- 312 institutional investors held Ares Capital (ARCC) as of Q3 2013, up from 306 in Q2 2013.
- Funds reported $3.33B of Ares Capital stock for Q3 2013, up 40% quarter-over-quarter.
- 32 funds opened new Ares Capital positions in Q3 2013 and 25 closed out, a net change of +7 holders.
- The largest Ares Capital buyer in Q3 2013 was BNP Paribas Financial Markets, an estimated $131M added.
- The largest Ares Capital seller in Q3 2013 was Artisan Partners, an estimated $22.8M sold.
Based on aggregated 13F filings for Q3 2013.