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Ares Capital

478 hedge funds and large institutions have $2.79B invested in Ares Capital in 2019 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 179 increasing their positions, 154 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 179 | Existing positions reduced: 154

6% more funds holding in top 10

Funds holding in top 10: 1718 (+1)

0% more capital invested

Capital invested by funds: $2.78B → $2.79B (+$9.27M)

1.31% less ownership

Funds ownership: 36.39%35.09% (-1.3%)

2% less funds holding

Funds holding: 488478 (-10)

17% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 54

84% less call options, than puts

Call options by funds: $19.8M | Put options by funds: $126M

Holders
478
Holders Change
-10
Holders Change %
-2.05%
% of All Funds
10.48%
Holding in Top 10
18
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.88%
% of All Funds
0.39%
New
45
Increased
179
Reduced
154
Closed
54
Calls
$19.8M
Puts
$126M
Net Calls
-$106M
Net Calls Change
-$84.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Arrowstreet Capital
26
Arrowstreet Capital
Massachusetts
$29.1M +$6.13M +330,708 +27%
Brown Advisory
27
Brown Advisory
Maryland
$28.9M -$1.39M -74,780 -5%
LCP
28
LGT Capital Partners
Switzerland
$28.5M -$3.12M -168,123 -10%
BlackRock
29
BlackRock
New York
$27.1M +$4.08M +220,204 +18%
SIS
30
Sound Income Strategies
Florida
$27M +$2.91M +156,977 +12%
Natixis Advisors
31
Natixis Advisors
Massachusetts
$23.7M -$465K -25,072 -2%
FIM
32
Frontier Investment Management
Texas
$23.6M +$1.17M +63,336 +5%
PGH
33
Partners Group Holding
Switzerland
$23.1M -$342K -18,447 -1%
ClearBridge Investments
34
ClearBridge Investments
New York
$23M +$1.34M +72,357 +6%
Stifel Financial
35
Stifel Financial
Missouri
$22.9M +$451K +24,325 +2%
Bank of New York Mellon
36
Bank of New York Mellon
New York
$20.8M -$6.73M -363,102 -25%
MGAM
37
McGowan Group Asset Management
Texas
$20.7M +$30.5K +1,643 +0.1%
LPL Financial
38
LPL Financial
California
$20.5M +$1.04M +56,021 +5%
California Public Employees Retirement System
39
California Public Employees Retirement System
California
$19.4M +$5.86M +316,100 +44%
NSCM
40
New South Capital Management
Tennessee
$17.7M -$353K -19,060 -2%
CIP
41
Chartwell Investment Partners
Pennsylvania
$17.5M +$1.69M +91,223 +11%
AIA
42
Avalon Investment & Advisory
Texas
$15.3M +$3.8M +205,106 +33%
Two Sigma Advisers
43
Two Sigma Advisers
New York
$14.7M -$6.63M -357,641 -31%
Citadel Advisors
44
Citadel Advisors
Florida
$14.5M +$3.43M +184,980 +31%
NIMC
45
NWQ Investment Management Company
California
$14.5M +$1.3M +69,837 +10%
EIA
46
Edgemoor Investment Advisors
Maryland
$13.5M +$4.53K +244 +0%
Nomura Asset Management
47
Nomura Asset Management
Japan
$13.4M -$456K -24,600 -3%
Goldman Sachs
48
Goldman Sachs
New York
$12.9M -$3.55M -191,683 -22%
PC
49
Polar Capital
United Kingdom
$12.5M -$260K -14,000 -2%
GC
50
Gilbert & Cook
Iowa
$11.7M +$373K +20,090 +3%

ARCC Hedge Fund Activity: Q3 2019 in Review

478 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q3 2019, worth a combined $2.79B — up 0.33% from $2.78B a quarter earlier.

Sellers outnumbered buyers: 54 funds closed out of ARCC and 45 opened new positions — a net loss of 9 holders — while 154 trimmed existing stakes and 179 added.

The largest buyer was Lord, Abbett & Co, adding an estimated $30.3M. The largest seller was Two Sigma Investments, cutting an estimated $22.9M.

  • 478 institutional investors held Ares Capital (ARCC) as of Q3 2019, down from 488 in Q2 2019.
  • Funds reported $2.79B of Ares Capital stock for Q3 2019, up 0.33% quarter-over-quarter.
  • 45 funds opened new Ares Capital positions in Q3 2019 and 54 closed out, a net change of -9 holders.
  • The largest Ares Capital buyer in Q3 2019 was Lord, Abbett & Co, an estimated $30.3M added.
  • The largest Ares Capital seller in Q3 2019 was Two Sigma Investments, an estimated $22.9M sold.

Based on aggregated 13F filings for Q3 2019.