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Ares Capital

646 hedge funds and large institutions have $4.13B invested in Ares Capital in 2022 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 283 increasing their positions, 163 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more repeat investments, than reductions

Existing positions increased: 283 | Existing positions reduced: 163

60% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 55

48% more capital invested

Capital invested by funds: $2.79B → $4.13B (+$1.35B)

3% more funds holding

Funds holding: 629646 (+17)

0.77% more ownership

Funds ownership: 32.64%33.41% (+0.77%)

13% less funds holding in top 10

Funds holding in top 10: 1614 (-2)

80% less call options, than puts

Call options by funds: $50.7M | Put options by funds: $255M

Holders
646
Holders Change
+17
Holders Change %
+2.7%
% of All Funds
10.38%
Holding in Top 10
14
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-12.5%
% of All Funds
0.23%
New
88
Increased
283
Reduced
163
Closed
55
Calls
$50.7M
Puts
$255M
Net Calls
-$204M
Net Calls Change
-$14.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$31.6M +$16.5M +875,899 +105%
Baillie Gifford & Co
27
Baillie Gifford & Co
United Kingdom
$28.6M -$10.6M -564,528 -27%
LSV Asset Management
28
LSV Asset Management
Illinois
$28.5M -$5.63K -300 -0%
JVBC
29
J.V. Bruni & Co
Colorado
$25.3M +$549K +29,248 +2%
Citadel Advisors
30
Citadel Advisors
Florida
$25.2M +$4.72M +251,273 +23%
P3I
31
Progeny 3 Inc
Washington
$24.2M +$684K +36,410 +3%
Rockefeller Capital Management
32
Rockefeller Capital Management
New York
$24M +$1.39M +73,994 +6%
Nomura Asset Management
33
Nomura Asset Management
Japan
$23.5M +$1.51M +80,433 +7%
SI
34
Stephens Inc
Arkansas
$22.7M -$4.12M -219,228 -15%
Bank of New York Mellon
35
Bank of New York Mellon
New York
$22.6M +$1.64M +87,518 +8%
Osaic Holdings
36
Osaic Holdings
Arizona
$21.9M +$2.12M +113,077 +11%
GC
37
Gilbert & Cook
Iowa
$21.7M +$2.87M +152,566 +15%
PGH
38
Partners Group Holding
Switzerland
$21.2M -$16.4K -873 -0.1%
Envestnet Asset Management
39
Envestnet Asset Management
Illinois
$20.2M +$2.43M +129,405 +13%
JP Morgan Chase
40
JP Morgan Chase
New York
$19.7M +$235K +12,522 +1%
MGAM
41
McGowan Group Asset Management
Texas
$19.3M -$60.8K -3,239 -0.3%
C
42
Cliffwater
California
$19M +$1.85M +98,687 +11%
Two Sigma Investments
43
Two Sigma Investments
New York
$18.9M -$15.5M -823,598 -45%
CAI
44
Capital Advisors Inc
Oklahoma
$18.1M -$318K -16,908 -2%
JMPWA
45
JP Morgan Private Wealth Advisors
California
$17.9M +$2.19M +116,467 +14%
SRC
46
Shufro Rose & Co
New York
$17.3M +$79.4K +4,225 +0.5%
MC
47
Muzinich & Co
New York
$16M +$465K +24,754 +3%
TG
48
TCW Group
California
$15.8M -$1.95M -103,918 -11%
Sumitomo Mitsui Trust Group
49
Sumitomo Mitsui Trust Group
Japan
$15.8M +$435K +23,166 +3%
PFO
50
Pathstone Family Office
New Jersey
$15.7M +$10.4K +556 +0.8%

ARCC Hedge Fund Activity: Q4 2022 in Review

646 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q4 2022, worth a combined $4.13B — up 48% from $2.79B a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new ARCC positions and 55 closed out — a net gain of 33 holders — while 283 added to existing stakes and 163 trimmed.

The largest buyer was Marshall Wace, adding an estimated $54.2M. The largest seller was Nicola Wealth Management, exiting entirely with an estimated $17.9M sold.

  • 646 institutional investors held Ares Capital (ARCC) as of Q4 2022, up from 629 in Q3 2022.
  • Funds reported $4.13B of Ares Capital stock for Q4 2022, up 48% quarter-over-quarter.
  • 88 funds opened new Ares Capital positions in Q4 2022 and 55 closed out, a net change of +33 holders.
  • The largest Ares Capital buyer in Q4 2022 was Marshall Wace, an estimated $54.2M added.
  • The largest Ares Capital seller in Q4 2022 was Nicola Wealth Management, an estimated $17.9M sold.

Based on aggregated 13F filings for Q4 2022.