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Ares Capital

443 hedge funds and large institutions have $2.88B invested in Ares Capital in 2017 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 150 increasing their positions, 139 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

103% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 35

8% more funds holding

Funds holding: 411443 (+32)

8% more repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 139

0.74% less ownership

Funds ownership: 43.65%42.91% (-0.74%)

6% less capital invested

Capital invested by funds: $3.05B → $2.88B (-$171M)

7% less funds holding in top 10

Funds holding in top 10: 1514 (-1)

78% less call options, than puts

Call options by funds: $11.4M | Put options by funds: $52.5M

Holders
443
Holders Change
+32
Holders Change %
+7.79%
% of All Funds
10.05%
Holding in Top 10
14
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.67%
% of All Funds
0.32%
New
71
Increased
150
Reduced
139
Closed
35
Calls
$11.4M
Puts
$52.5M
Net Calls
-$41.1M
Net Calls Change
+$5.5M
Name Holding Trade Value Shares
Change
Change in
Stake
OAC
26
OMERS Administration Corp
Ontario, Canada
$31.2M +$1.52M +93,297 +5%
1832 Asset Management
27
1832 Asset Management
Ontario, Canada
$27.7M -$9.39M -578,100 -25%
Bank of New York Mellon
28
Bank of New York Mellon
New York
$27.6M -$149K -9,176 -0.5%
Two Sigma Investments
29
Two Sigma Investments
New York
$27.3M +$26.1M +1,607,603 +1,217%
BlackRock
30
BlackRock
New York
$27.2M +$2.02M +124,492 +8%
Schroder Investment Management Group
31
Schroder Investment Management Group
United Kingdom
$25.6M +$4.22M +260,007 +19%
PGH
32
Partners Group Holding
Switzerland
$24.2M +$10.3M +636,400 +70%
ACM
33
Advisors Capital Management
New Jersey
$24M +$763 +47 +0%
VLKIM
34
Van Lanschot Kempen Investment Management
Netherlands
$23.9M +$1.74M +107,000 +8%
RCM
35
Rivernorth Capital Management
Florida
$22.5M -$3.95M -242,964 -15%
Neuberger Berman Group
36
Neuberger Berman Group
New York
$21.3M -$964K -59,355 -4%
Legal & General Group
37
Legal & General Group
United Kingdom
$21M +$1.46M +89,923 +7%
Goldman Sachs
38
Goldman Sachs
New York
$20.5M -$674K -41,511 -3%
TCM
39
Tegean Capital Management
New York
$20.4M
LCP
40
LGT Capital Partners
Switzerland
$19M +$1.3M +79,842 +7%
NIMC
41
NWQ Investment Management Company
California
$18.3M -$238K -14,635 -1%
MGAM
42
McGowan Group Asset Management
Texas
$17.4M +$4.66M +286,896 +35%
Nomura Holdings
43
Nomura Holdings
Japan
$17M +$713K +43,877 +4%
NSCM
44
New South Capital Management
Tennessee
$15.8M -$3.02M -185,930 -16%
Comerica Bank
45
Comerica Bank
Texas
$15.7M -$2.73M -168,059 -15%
Stifel Financial
46
Stifel Financial
Missouri
$15.6M -$483K -29,748 -3%
Two Sigma Advisers
47
Two Sigma Advisers
New York
$15M +$4.73M +291,000 +44%
JP Morgan Chase
48
JP Morgan Chase
New York
$14.8M +$2.04M +125,779 +15%
California Public Employees Retirement System
49
California Public Employees Retirement System
California
$14.5M +$432K +26,600 +3%
Natixis Advisors
50
Natixis Advisors
Massachusetts
$13.8M -$3.58M -220,460 -20%

ARCC Hedge Fund Activity: Q4 2017 in Review

443 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q4 2017, worth a combined $2.88B — down 5.6% from $3.05B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new ARCC positions and 35 closed out — a net gain of 36 holders — while 150 added to existing stakes and 139 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $40.5M. The largest seller was Muzinich & Co, cutting an estimated $43.6M.

  • 443 institutional investors held Ares Capital (ARCC) as of Q4 2017, up from 411 in Q3 2017.
  • Funds reported $2.88B of Ares Capital stock for Q4 2017, down 5.6% quarter-over-quarter.
  • 71 funds opened new Ares Capital positions in Q4 2017 and 35 closed out, a net change of +36 holders.
  • The largest Ares Capital buyer in Q4 2017 was Arrowstreet Capital, an estimated $40.5M added.
  • The largest Ares Capital seller in Q4 2017 was Muzinich & Co, an estimated $43.6M sold.

Based on aggregated 13F filings for Q4 2017.