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Ares Capital

488 hedge funds and large institutions have $2.78B invested in Ares Capital in 2019 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 180 increasing their positions, 145 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 145

12% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 49

6% more funds holding in top 10

Funds holding in top 10: 1617 (+1)

4% more capital invested

Capital invested by funds: $2.68B → $2.78B (+$97.5M)

0% less funds holding

Funds holding: 490488 (-2)

1.14% less ownership

Funds ownership: 37.54%36.39% (-1.1%)

37% less call options, than puts

Call options by funds: $36.9M | Put options by funds: $58.1M

Holders
488
Holders Change
-2
Holders Change %
-0.41%
% of All Funds
10.6%
Holding in Top 10
17
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.25%
% of All Funds
0.37%
New
55
Increased
180
Reduced
145
Closed
49
Calls
$36.9M
Puts
$58.1M
Net Calls
-$21.2M
Net Calls Change
-$31.9M
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
26
Clough Capital Partners
Massachusetts
$27.1M -$3.55M -200,400 -12%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$26.5M +$780K +44,064 +3%
LSV Asset Management
28
LSV Asset Management
Illinois
$24.3M +$5.02M +283,900 +26%
Natixis Advisors
29
Natixis Advisors
Massachusetts
$23.3M +$1.3M +73,430 +6%
SIS
30
Sound Income Strategies
Florida
$23.2M +$5.42M +306,185 +31%
Neuberger Berman Group
31
Neuberger Berman Group
New York
$23M +$1.34M +75,544 +6%
PGH
32
Partners Group Holding
Switzerland
$22.6M +$671K +37,895 +3%
BlackRock
33
BlackRock
New York
$22.1M -$1.12M -63,469 -5%
Arrowstreet Capital
34
Arrowstreet Capital
Massachusetts
$22.1M +$8.77M +495,862 +67%
Stifel Financial
35
Stifel Financial
Missouri
$21.6M +$1.54M +87,138 +8%
FIM
36
Frontier Investment Management
Texas
$21.6M +$1.3M +73,304 +6%
ClearBridge Investments
37
ClearBridge Investments
New York
$20.8M -$23.7K -1,340 -0.1%
Two Sigma Advisers
38
Two Sigma Advisers
New York
$20.5M -$17.4M -986,100 -46%
HighTower Advisors
39
HighTower Advisors
Illinois
$20.4M -$625K -35,336 -3%
MGAM
40
McGowan Group Asset Management
Texas
$19.9M +$166K +9,407 +0.9%
Wellington Management Group
41
Wellington Management Group
Massachusetts
$19.8M +$10.3M +582,175 +111%
LPL Financial
42
LPL Financial
California
$18.7M +$909K +51,378 +5%
NSCM
43
New South Capital Management
Tennessee
$17.4M -$1.27M -71,983 -7%
Goldman Sachs
44
Goldman Sachs
New York
$15.9M -$10.8M -608,039 -41%
CIP
45
Chartwell Investment Partners
Pennsylvania
$15.3M +$1.1M +62,157 +8%
Citigroup
46
Citigroup
New York
$15.1M -$13.1M -738,564 -47%
Millennium Management
47
Millennium Management
New York
$14.5M +$2.13M +120,442 +18%
Nomura Asset Management
48
Nomura Asset Management
Japan
$13.3M -$464K -26,200 -3%
California Public Employees Retirement System
49
California Public Employees Retirement System
California
$13M -$86.7K -4,900 -0.7%
EIA
50
Edgemoor Investment Advisors
Maryland
$13M +$214K +12,122 +2%

ARCC Hedge Fund Activity: Q2 2019 in Review

488 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q2 2019, worth a combined $2.78B — up 3.6% from $2.68B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new ARCC positions and 49 closed out — a net gain of 6 holders — while 180 added to existing stakes and 145 trimmed.

The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $28.4M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $21.3M sold.

  • 488 institutional investors held Ares Capital (ARCC) as of Q2 2019, down from 490 in Q1 2019.
  • Funds reported $2.78B of Ares Capital stock for Q2 2019, up 3.6% quarter-over-quarter.
  • 55 funds opened new Ares Capital positions in Q2 2019 and 49 closed out, a net change of +6 holders.
  • The largest Ares Capital buyer in Q2 2019 was Lord, Abbett & Co, an estimated $28.4M added.
  • The largest Ares Capital seller in Q2 2019 was Schroder Investment Management Group, an estimated $21.3M sold.

Based on aggregated 13F filings for Q2 2019.