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Ares Capital

488 hedge funds and large institutions have $1.99B invested in Ares Capital in 2020 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 159 increasing their positions, 185 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more capital invested

Capital invested by funds: $1.52B → $1.99B (+$477M)

4% more call options, than puts

Call options by funds: $42.2M | Put options by funds: $40.4M

0.16% more ownership

Funds ownership: 32.68%32.84% (+0.16%)

0% more funds holding in top 10

Funds holding in top 10: 1111 (0)

4% less funds holding

Funds holding: 510488 (-22)

14% less repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 185

24% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 70

Holders
488
Holders Change
-22
Holders Change %
-4.31%
% of All Funds
10.01%
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.23%
New
53
Increased
159
Reduced
185
Closed
70
Calls
$42.2M
Puts
$40.4M
Net Calls
+$1.74M
Net Calls Change
+$23.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Stifel Financial
26
Stifel Financial
Missouri
$20.3M +$833K +61,756 +5%
ACM
27
Advisors Capital Management
New Jersey
$19.4M -$13.8M -1,026,095 -43%
Bank of New York Mellon
28
Bank of New York Mellon
New York
$18.9M +$5.98M +443,499 +51%
Two Sigma Advisers
29
Two Sigma Advisers
New York
$18.7M -$1.43M -106,200 -8%
PGH
30
Partners Group Holding
Switzerland
$17.8M -$379K -28,113 -2%
Deutsche Bank
31
Deutsche Bank
Germany
$17.5M -$3.57M -264,381 -18%
BlackRock
32
BlackRock
New York
$17.2M +$1.5M +111,114 +10%
Natixis Advisors
33
Natixis Advisors
Massachusetts
$16.9M -$198K -14,709 -1%
LPL Financial
34
LPL Financial
California
$16.2M +$1.11M +81,939 +8%
HighTower Advisors
35
HighTower Advisors
Illinois
$16.1M -$1.54M -113,893 -9%
JP Morgan Chase
36
JP Morgan Chase
New York
$16M -$5.34M -395,799 -26%
MGAM
37
McGowan Group Asset Management
Texas
$15.5M +$151K +11,168 +1%
NSCM
38
New South Capital Management
Tennessee
$15M +$548K +40,590 +4%
State of Tennessee, Department of Treasury
39
State of Tennessee, Department of Treasury
Tennessee
$14.5M -$3.34M -247,500 -20%
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
$14.2M -$1.92M -142,513 -13%
C
41
Cliffwater
California
$13.8M +$2.92M +216,789 +29%
Nomura Asset Management
42
Nomura Asset Management
Japan
$13.6M +$702K +51,999 +6%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$13.6M -$483K -35,800 -4%
Millennium Management
44
Millennium Management
New York
$12.3M +$8.24M +610,675 +251%
DFG
45
Delphi Financial Group
Delaware
$11.1M
Osaic Holdings
46
Osaic Holdings
Arizona
$10.8M +$293K +21,717 +3%
CS
47
Credit Suisse
Switzerland
$10.3M -$346K -25,612 -3%
EIA
48
Edgemoor Investment Advisors
Maryland
$10.2M -$56.3K -4,175 -0.6%
GC
49
Gilbert & Cook
Iowa
$10M -$89K -6,595 -0.9%
Citadel Advisors
50
Citadel Advisors
Florida
$9.6M -$5.93M -439,707 -40%

ARCC Hedge Fund Activity: Q2 2020 in Review

488 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q2 2020, worth a combined $1.99B — up 32% from $1.52B a quarter earlier.

Sellers outnumbered buyers: 70 funds closed out of ARCC and 53 opened new positions — a net loss of 17 holders — while 185 trimmed existing stakes and 159 added.

The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $24.6M. The largest seller was Bank of Montreal, cutting an estimated $24.6M.

  • 488 institutional investors held Ares Capital (ARCC) as of Q2 2020, down from 510 in Q1 2020.
  • Funds reported $1.99B of Ares Capital stock for Q2 2020, up 32% quarter-over-quarter.
  • 53 funds opened new Ares Capital positions in Q2 2020 and 70 closed out, a net change of -17 holders.
  • The largest Ares Capital buyer in Q2 2020 was Baillie Gifford & Co, an estimated $24.6M added.
  • The largest Ares Capital seller in Q2 2020 was Bank of Montreal, an estimated $24.6M sold.

Based on aggregated 13F filings for Q2 2020.